To uphold its lifetime commitment of rendering quality delivery services to its clients, UPS buys Boeing 747-8 jumbo jets.
Industry
Lionsgate Opts 2 More Tyler Perry Movies
After the fruitful release of Boo! A Madea Halloween, Lionsgate has intructed two more movies from Tyler Perry, the director's finest screening in six years at the box office.
Hedge Fund Elliot Confesses It's Really Scared Of Inflation
Elliot management warns investors of a high possible rapid inflation. Executive of the hedge fund Elliott Management wrote letter to investors warning that rapid inflation is their biggest concern in the current environment, adding that such a spike would not only collapse bond prices, but potentially lead to a stock market crash.
Facebook Scores Really Big In Q3 Earnings
Facebook racked up $2.379 billion in profit, up an impressive 16% versus the $2.05 billion it raked in last quarter, and up a stellar 160% year over year. Expenditures were up slightly to $1.1 billion. Facebook is sitting on $26.14 billion in cash, equivalents, and securities now, just in case it wants to buy another WhatsApp.
Asian Regulation Update: CFDA Suggests Device Monitoring Guidance
Recently, the Food and Drug Administration of China has released a draft to guide the post-marketing supervision of medical devices. Said guidance displays the role of regional and national regulators, manufacturers of medical devices and adverse event monitoring technology institutions in tracking the safety of the medical products after they are approved.
Latest News
As competition rises, Ford Motor Corporation falls short as it loses 50% profit. However, it still beats some expectations as that of the Wall Street's.
Just as doubts grow over Prime Minister Shinzo Abe’s economic policies dubbed Abenomics, many say that regulatory reforms will be the only way to revive Japan’s economy.
In 15 years of dominance, Apple Inc. posted its first ever annual revenue decline. However, they expect a large return growth in the current quarter with the help of the strong sales of its new iPhone 7.
Per Franzen head of Nordics EQT during an interview in Stockholm said that bigger checks can be written to one counter-party is also an important strategy for EQT . He said investors should be more involved as they take over their assets and with an environment with low growth the best thing to do backing with incumbent management teams.
DeAndre Levy expressed his thanks for the support that he received for their funding. He explained that there were comments worthy to share of. On the other hand with regards to the comment of a Republican presidential nominee, he simply said that the person has the right to express his thoughts but should be responsible for his words and actions.
Khalid al-Falih, Saudi Oil Minister, said that market fundamentals in terms of supply and demand have begun to improve despite the current down cycle which is nearing to an end.
Boyd Cohen, the co-writer of The Emergence of the Urban Entrepreneur, had visited and had conversed with CitiLab. During their conversation, he was asked to differentiate urbanpreneurship and entrepreneurship. He was also questioned about teaching entrepreneurship and research outside the U.S.
Advanced Micro Devices Inc. (AMD) is trying to return to its sustained profitability. The predicted fourth-quarter revenue will miss the analysts’ expectations, partly because of the dwindling orders for game console processors.
ARIAD Pharmaceuticals, an oncology company based in Cambridge, Massachusetts is coming under fire for raising the price of its signature product for the fourth time this year. Two lawmakers are asking to know the explanation for the hike for a year’s supply of a drug that treats leukemia.
