The New York based teen retailer plans to eliminate its corporate headcount as its sales fall. The company also reaffirmed its outlook for the fourth quarter.
Industry
Canadian Stocks Fell As Oil Price Hit $28
Canadian stocks market dropped as continuing plunge of oil price brings down the energy companies stocks. Meanwhile, two Calgary-based oil companies are merged under Suncor Energy Inc.
Two Door Concept in Lincoln Continental 2017 Leads To Debate For Coupe
The Detroit Auto Show, 2016 has witnessed production version of a new Lincoln Continental which has been reported to be build as a saloon. Powered by a 400 HP two turbo 3-liter V6 engine, the car has been demoed in the luxury car category and scheduled to be available in later this year. But deduction of two doors has marked questions for naming the car a coupe.
Takeda Pharmaceutical Expand Better Market Overseas
Takeda is a global pharmaceutical founded by Chobei Takeda I in 1781 in Osaka, Japan. The company focus on innovative medicine in gastroenterenterology, cardiovascular and metabolic, as well vaccine.
Amazon Web Service launches new schedule instances
Amazon web services has launched a new Scheduled Reserved Instances, which would allow customers to reserve capacity on a periodic basis with a daily, weekly, or monthly schedule for one-year term. Moreover, this new model enables clients to save 10 percent.
Latest News
Record high employment rate and domestic spending propelled German GDP rate by 1.7 percent in 2015, according to the German authorities' calculation.
Hyperloop Technologies said it is one of the promoters of the Elon Musk's SpaceX Hyperloop design competition and will be offering $150,000 in winning prizes for engineering students. The contest consists of two parts in which the students design and construct a pod prototype for Hyperloop system.
The company is accused of commercialization in the form of selling its forum's management and altering search results to show paying-websites. Last year, Baidu also faced punishment over pornography and violations of publishing regulations.
Self-driving cars could eliminate fatal crashes that involve some type of human error. Autonomous technology could help reduce greengas emissions and transform mobility. Though driveless technology has grown increasingly popular, autonomous vehicle are not perfect yet
Nevada governor Brian Sandoval get pressured after a group of 18 venture capital investors reverse new fees on solar homes that state utility regulator made effective on Jan 1. The regulation will give direct impact to development of solar energy and threaten future investment, the investor, and also the job cuts in the state.
Both the game consoles made more money than any of their predecessors in 2015. PlayStation 4 came out as the winner with more sales than Xbox One in the year's total.
China will release its economic growth data on Tuesday, and most financial institutions are expecting the slowest expansion rate since 1990.
Mayor Bill de Blasio’s administration along with the horse carriage industry of New York came to an agreement to shrink horse numbers in the city from 220 horses to only 95 horses by 2018.
Fluor Corp.’s NuScale unit will build small modular nuclear plants in the UK, which ambitions to have these facilities by 2025. The firm plans to submit a 50-megawatt reactor design to the U.S. nuclear authorities by the end of 2016.
