Fitness tracker maker Fitbit, Inc. (NYSE: FIT), revealed shakeup in its top management team and provided updates on its already in process restructuring to bolster growth and return to profitability.
Fitbit Inc(NYSE:FIT) announced promotion of Vice President of Engineering, Samir Kapoor, to Senior Vice President of Device Engineering, under co-founder and CTO, Eric Friedman. Samir carry's…
US giant General Motors Company (NYSE:GM) set to lay off 1,100 employees in May at its Lansing Delta Township assembly factory in Michigan as it shifts car production to Tennessee.
In 2016 the largest carmaker in U.S added 800 jobs at its Spring Hill, Tennessee plant to manufacture a new version of the GMC Acadia SUV.
General…
The Canadian drug giant Valeant Pharmaceuticals Intl Inc. (NYSE:VRX) announced results of its fiscal fourth quarter as its revenue plunged 13% during the period, affected by the performance of the stomach-drug business it attempted to sell late last year as well as falling medicines prices.
The company's shares has been badly hit by concerns about drug-price…
According to latest reports, Uber International is facing legal action for stealing business secrets and technology from internet giant Alphabet Inc (NASDAQ:GOOG).
Alphabet Inc. (NASDAQ:GOOG) setup Waymo, is set to take legal action against Otto, Uber's self-driving vehicle segment, it purchased last year for $700 million.
Reports said, the lawsuit claims that Ex- Waymo manager Anthony Levandowski…
According to reports on Tuesday, US telecoms giant Verizon Communications Inc. (NYSE:VZ) has closed an agreement with Internet giant Yahoo! Inc. (NASDAQ:YHOO) to take-over the company's core internet business for $350 million less than initially agreed.
In the recent days, there were doubts surrounding the original deal after it appeared that Yahoo was a victim of…
Broadband provider TalkTalk’s chief executive Dido Harding is set to leave the firm in May after almost seven years.
TalkTalk also said that Baroness Harding will be replaced by current managing director Tristia Harrison.
The company also publicized that founder Sir Charles Dunstone will take the position of executive chairman after leaving the post as chairman of…
The laptops-to-hydro power giant Toshiba’s stock plunged almost 16% on reports that already battered Japanese firm faces wider losses at its US nuclear power industry.There is an apprehension that Toshiba will need to write down the value of the unit by a larger than previously forecasted 700 billion yen ($6.1 billion).
Unofficial reports have highlighted recently…
Today the USA are expecting a historic event. The president-elect Donald Trump, the Republican nominee, will make his speech 9 days before an official inauguration.
His ancestor, the Democrat Barack Obama has made his farewell last meeting yesterday, and now Wall Street is waiting to see their main strategy for the four next years.
A lot of…
It is not a secret that Donald Trump, the newly elected president, may provide new international policy, which will be different from his ancestor Barack Obama.
So, today, when the world is waiting for the words of wisdom from soon to be president, it is so important to remember about the power of global unity.
During his…