According to the reports by US Department of Labor (DoL), Internet giant Google has shown favoritism against its female employees, DoL said it had proofs of “systemic compensation disparities”. In a study, the government has…
BMW pension strikes set to hurt production in UK
April 7, 2017
According to reports, employees at BMW’s UK factory are taking strike action over plans to close the company’s final salary pension scheme. Reports said that Unite the union will announce eight 24 hour strikes across…
The 329-year-old insurance market Lloyd’s of London announced it plans to create a new European subsidiary in Brussels to counter losing business when the UK leaves the EU. The insurer revealed the plan as it…
According to latest reports, ride hailing giant Uber has pulled its pilot program self-driving cars after a vehicle equipped with the autonomous driving technology was involved in an accident on Arizona roadway. The crash marks…
Vodafone Group (NASDAQ:VOD) set to add more than 2000 jobs in UK soon after layoff's announcement
March 13, 2017
Vodafone Group (NASDAQ:VOD)announced it plans to add 2,100 jobs across the UK. The Cell phone company is set to expand current customer service centre’s, with 800 additional jobs in Manchester, almost 150 in Newark, more…
Fitbit Inc, (NYSE:FIT) announced top management shakeup as it takes strides toward More Focused and proficient Operating Model
March 10, 2017
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…
General Motors Company(NYSE:GM) set to slash 1100 jobs as it shifts manufacturing to Tennessee
March 7, 2017
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…
According to reports, US officials held raids on three Caterpillar Inc.(NYSE:CAT) sites as part of a criminal investigation into tax wrongdoings at the heavy machinery maker. Following the news Caterpillar Inc.(NYSE:CAT) stocks plunged to close…
Valeant Pharmaceuticals Intl (NYSE:VRX)'s revenue slipped in the fourth quarter amid dropping drug prices
March 1, 2017
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…
Nokia 3310 set to shake the market again with the revamped model
February 28, 2017
Iconic Nokia’s 3310 phone is set to be re-launched almost 17 years after it was revealed for the first time. Nokia 3310 was arguably the most popular and hardwearing handset of its time. according to…