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Employers in U.S. Added 156,000 New Jobs During August

Employers in U.S. Added 156,000 New Jobs During August

Job growth in the United States slowed during August as companies added just 156,000 new jobs, but enough that it suggests most businesses are still confident in the economy nine years after beginning it recovery from the 2008 recession. The rate of unemployment moved up to 4.4% from July’s 4.3% […]

Travel Ban Challenge to Be Heard by Supreme Court

Travel Ban Challenge to Be Heard by Supreme Court

The U.S. Supreme Court announced that it would hear the challenge of the most recent travel ban implemented by President Donald Trump. Oral arguments on the challenge will be heard starting in April. In an order of just two sentences, the court announced it would consider questions related to whether […]

Wal-Mart Stores Inc (NYSE:WMT) Is Successfully Beating Back Germany Grocery, LIDL

Wal-Mart Stores Inc (NYSE:WMT) Is Successfully Beating Back Germany Grocery, LIDL

After entering the intense price war last month, Wal-Mart Stores Inc (NYSE:WMT) could be increasingly taking an advantage over its rival German Grocer Lidl. According to S.C. Jefferies analyst Daniel Binder, Lidl is losing the price advantage over Walmart Stores and ALDI after launching its first 20 US stores in […]

TIM Participacoes SA (ADR) (NYSE:TSU) Hopes To Accelerate Network Transformation

TIM Participacoes SA (ADR) (NYSE:TSU) Hopes To Accelerate Network Transformation

TIM Participacoes SA (ADR) (NYSE:TSU) together with Cisco Systems, Inc (NASDAQ:CSCO), it has unveiled a project that will most probably transform TIM’s Optical Packet Metro (OPM) network. This happens to be a form of infrastructure indicating major capabilities in both the collection and the aggregation of traffic .That is from […]

Bank of America Profit Hit by Tax Reform

Bank of America Profit Hit by Tax Reform

Bank of America said that a charge from the tax law that was just instituted in the U.S. caused its profit for the quarter to drop 48%, even as it ended 2017 by putting its crisis-era far behind it. The bank, based in Charlotte, North Carolina, posted on Wednesday profit […]

Kazakhstan Assets Totaling $22 Billion Frozen by BNY Mellon

Kazakhstan Assets Totaling $22 Billion Frozen by BNY Mellon

The Bank of New York Mellon froze $22 billion in assets that the Kazakhstan National Fund holds due to a lawsuit that was launched by Anatolie Stati a Moldovan businessman and his businesses against the government of Kazakhstan, said a source familiar with this case. The National Bank in turn […]

Investigators: Tainted Food Not Recalled Quick Enough by FDA

Investigators: Tainted Food Not Recalled Quick Enough by FDA

According to a new report the Department of Health and Human Services’ inspector general issued, contaminated food is not being removed from stores shelves quick enough. The reports indicated that the U.S. Food and Drug Administration does not always use an effective and efficient process for food recall that ensured […]

Tesla Motors Inc (NASDAQ:TSLA) Is Raring To Go: The Show Off Of Its Massive Gigafactory

Tesla Motors Inc (NASDAQ:TSLA) Is Raring To Go: The Show Off Of Its Massive Gigafactory

Despite the fact that Tesla has begun the production of lithium-ion battery cells at its massive Gigafactory, there are is still so much information hanging in the balance. However, prevalent speculations indicate that more details will be revealed at an upcoming event, whereby Kurt Kelty, Tesla’s Senior Director of Cell […]

California Sued by Drug Companies Over Transparency Law

California Sued by Drug Companies Over Transparency Law

The pharmaceutical industry filed a lawsuit challenging the constitutionality of a new law that California Governor Jerry Brown signed and who many consider to be the most comprehensive legislation related to transparency in prices of prescription drugs in the country. The Pharmaceutical and Manufacturers of America, calling the two-month old […]

China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China has responded to the tax overhaul in Washington by offering a break to foreign companies on taxes in China in an attempt to keep investment. Late Thursday, the measure was announced and is the Beijing’s first major reaction to the decision by the U.S. to slash corporate taxes. It […]