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Category: Economy

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Next generation iPhone 6s and 6s Plus to be a tad thicker than exisitng models

Premium iPhone case maker, ITSKINS, confirms that the next generation handset from Apple will definitely be thicker than the existing models. The iPho...
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PayPal Inc buys Xoom Corp for $25 per share cash deal

PayPal Inc said on Wednesday that it will acquire money transfer provider Xoom Corp for $25 a share in cash or an enterprise value of around $890mn .
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Whole Foods CEOs apologize to NYC customers for overcharging on prepacked foods

Food supermarket chain Whole Foods has been found to be overcharging New York City customers prompting the company's CEOs to apologize.
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Part Time MBA: Is It Worth for a Career in Management?

Part time MBA is gradually gaining its popularity in the management world. But there always remains a question whether the full time MBA and the part ...
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BP settles oil spill lawsuit for $18.7 billion

British oil and gas giant BP on Thursday announced it has agreed to settle for $18.7 billion the environmental damages to the U.S. and five states cau...
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DOJ probes possible airline collusion to keep fares high

The Department of Justice has started investigating possible collusion among airlines to keep airfare high by asking them to submit details of convers...
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Floyd Mayweather to earn at least $220M from Pacquiao fight

Floyd Mayweather will earn between $220 million and $230 million for his May 2 fight against Manny Pacquiao. Based on his agreed 40 percent share Pacq...
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Family Dollar Stores Inc’s Q3 profit fell slightly from last year

Family Dollar Stores Inc, a target for acquisition by rival Dollar Tree Inc., announced on Wednesday that its profit for the third quarter declined mo...
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Conference Board: Consumer confidence index rises to 101.4 in June

Consumer confidence improved by a higher than anticipated rate in June, according to the Conference Board report released on Tuesday.
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NAR report: U.S. home sales index rises to 112.6 in May

Pending home sales grew during the month of May, according to a report by the National Association of Realtors (NAR) released on Monday.