February 3, 2017 10:48 am
Starbucks Corporations plan to hire refugees, which the company announced last Sunday, has recently been criticized on social networks by some of its clients. Individuals were reported to have used #BoycottStarbucks in order to influence customers decision of visiting the retailers stores. Additionally, screen shots appeared, where users demonstrate how they are removing Starbucks Corps […]
Read moreFebruary 3, 2017 8:44 am
Chief Executive Officers of the top three US airlines by passenger traffic have requested a meeting with US Secretary of State Rex Tillerson in order to discuss the matter that state-owned carriers in the Gulf are unfairly subsidized, which lowers flight prices and forces out rival companies on key routes. “We are writing to bring […]
Read moreFebruary 2, 2017 10:48 am
MetLife Incs operating profit, excluding a $3.2 billion derivative loss, came below market expectations during the quarter ended on December 31st, dragged down by lower earnings in its retail unit in the United States and earnings in Latin America. MetLife shares closed lower for a fifth consecutive trading session on Wednesday. The stock edged down […]
Read moreFebruary 2, 2017 8:39 am
According to a February 1st statement by the metalworkers union in Sao Jose dos Campos, Sao Paulo, Brazil, about 2 200 employees at a General Motors plant in the region will be given a two-week time off. The furlough is expected to begin on Monday, February 13th. General Motors shares registered their fourth loss in […]
Read moreFebruary 1, 2017 10:46 am
The worlds biggest on-line retailer Amazon.com Inc (AMZN) is said to make plans to invest $1.49 billion in the construction of a huge air cargo hub in northern Kentucky. According to state officials, a 50-year lease for approximately 900 acres of property from Cincinnati/Northern Kentucky International Airport has been agreed to. The new site would […]
Read moreFebruary 1, 2017 8:50 am
According to a statement by Susan McCabe, the spokesperson for Bank of America Corporation (BAC), the holding is to disclose in a more plain manner the fees charged to customers of its Merrill Lynch wealth management business. This change is to concern an array of services, including ATM usage, trading commissions and investment advice and […]
Read moreJanuary 31, 2017 10:51 am
Investors holding short positions in Twitters stock seemed to have been closing their trades so far during the current month, with the share price rebounding after a nearly 30% drop during the past year. Twitter shares registered their largest daily surge since January 4th during Mondays session. The stock went up 2.23% ($0.37) to $16.94, […]
Read moreJanuary 31, 2017 8:44 am
Free-of-charge two-day shipping on a minimum order of $35 beginning on January 31st is to be offered to customers, according to a statement by Wal-Mart Stores Inc (WMT). It is yet another attempt by the retail chain to respond to the Prime shipping program offered by Amazon.com Inc. This new program is to replace “Shipping […]
Read moreJanuary 30, 2017 10:40 am
According to a January 29th statement by the Federal Aviation Administration, all domestic flights by Delta Air Lines Inc (DAL) were grounded until 1:00 GMT, with the reason being an “automation issue”. The companys mainline and sub carriers to local destinations were all affected, while international flights were released. Delta Air shares retreated for the […]
Read moreJanuary 30, 2017 8:54 am
On January 29th Howard Schultz, the Chief Executive Officer of Starbucks Corporation (SBUX), announced that the coffee chain intended to hire 10 000 refugees in 75 countries within a period of five years. The announcement came two days after US President Donald Trump signed an executive order, by which travelers from Syria and six other […]
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