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Teva, Allergan Generics Deal Gets U.S. Antitrust Approval

The U.S. Federal Trade Commission said that it has given the approval for the purchase of Allergan Plc's generics business by Teva Pharmaceutical Industries Ltd. However the approval came with a number of conditions for Teva Pharmaceutical Industries Ltd, the prime among them being the agreement to...

Yahoo investors Bet on a Stub After its Core Business Sale to Verizon

After Monday's deal to sell Yahoo’s core internet assets to Verizon Communications Inc. the former’s shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its multi-billion dollar stakes in two Asian peers.   Its 35.5 percent stake in joint venture...

Taiwan Market would see Rollout of SofBank’s Robot Pepper Later This Year

With about 100 rented units making their appearance in some banks and Carrefour SA shops, SoftBank Corp's human-like robot Pepper will be rolled out in Taiwan later this year.   This was announced by executives handling Pepper's sales for SoftBank in the island country of Taiwan.  ...

Pokeman GO’s Earnings Played Down by Nintendo, Watches its Shares Dive

A few days ago Nintendo Co has said that Pokemon GO would have a limited impact on its earnings. And soon enough he company experienced their biggest setback so far after a huge run-up on the smash-hit game with the shares of the company tumbled as much as 18 percent on Monday.   A statement...

Rapid Changes in Global Markets is Whirlpool's Biggest Challenge: CEO

Managing the rapid change and currency volatility in global markets such as the turmoil after Britain's vote to leave the European Union is the biggest challenge that Whirlpool Corp has had to face in the last year.   Chief Executive Officer Jeff Fettig of the company said this in an...

Shares of Boeing Drop as it Warns of More Than $2 Billion in Charges

More than $2 billion in charges related to the 787, 747 and KC-46 tanker aircraft programs would be included in Boeing Co's second-quarter results. This was announced by the aerospace and defense company said on Thursday.   After the company gave notice of its largest write-offs in years...

Expansion into Trucks, Buses and Car Sharing Included in Musk’s ‘Master Plan’

An ambitious plan to expand the company into electric trucks and buses, car sharing and solar energy systems was unveiled by Tesla Motors Inc Chief Executive Elon Musk this week.   An integrated carbon-free energy enterprise offering a wider range of vehicles, and products and services...

After 'Challenging' Quarter Goldman Details Cost Savings Plan

While most of Goldman Sachs Group Inc’s businesses came under pressure, a sharp decline in expenses and more activity in some parts of the fixed-income markets helped the bank clock a higher second-quarter profit.   Chief Financial Officer Harvey Schwartz said on a conference call said that...

Since Pokemon GO launch, Market Cap of Nintendo Doubles to $42 Billion

In just seven sessions since the mobile game Pokemon GO was launched in the United States, the market capitalization of the Japanese firm Nintendo Co was more than doubled to reach 4.5 trillion yen ($42.5 billion) as the shares of the company which released the Pokeman Go game to the world last...

Bayer’s Takeover of Monsanto Called to Vote by Investors by Henderson

Claiming that the proposed merger of Monsanto and Bayer posed threat to the long-term strength of the German chemicals group, a vote on Bayer’s $64 billion-plus proposed takeover of Monsanto has been demanded by Henderson Global Investors, a minority investor in Bayer.   A major departure...

Supersonics and Manned Craft to Mars aimed by Boeing at Outset of Second Century

Plans that include ambitious projects for supersonic commercial flight and a rocket that could carry humans to other planets were among the many plans that have been taken up and announced by the Boeing Co to sharpen its focus on innovation to mark its centennial.   Chief Executive Dennis...

Appeal Over Seizure of Foreign Emails Won by Microsoft

Customer emails stored on servers outside the United States cannot be forced to be turn over by the U.S. government on companies like Microsoft Corp and other, a federal appeals court ruled recently.   Noting a victory for privacy advocates and for technology companies offering cloud...
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