Paypal Holding Inc announced that its Working Capital Loans for small businesses has lent more than $1 billion to over 60,000 small businesses in the U.S., U.K., and Australia.
North America
Slack launches private channels for temporary private group chats
Team messaging app Slack is launching new feature on group chat. The new feature makes a user in a group to be able to break into a private discussion with up to eight people, nine including the user.
Ferrari shares rev up in market debut but shift to low gear a week later
Fiat Chrysler Automobiles (FCA), the Italian-US automobile company being the parent company of Ferrari, floated to the public 17.18 million shares accounting for nearly 10% of Ferrari at $52 a share at its IPO at the NYSE.
Walgreens to acquire rival Rite Aid for $17.2B in cash
Walgreens Boots Alliance Inc agreed to acquire Rite Aid Corp for $17.2 billion in cash to further expand the company's role in the distribution of medications in the U.S.
Revlon raises over $2M in crowdfunding for women's health charities
Revlon, Inc. has recently exceeded their goal of raising $1 million on crowdfunds for women's charity organizations, mainly owing to the support of mega stars such as Halle Berry, Emma Stone, Olivia Wilde, among others.
Latest News
Missouri agrichemical giant Monsanto announced Monday that it will close down three research and development centers in 2016, cutting about 90 jobs. Reuters reported that the move is done to cut costs on its restructuring operations that are necessary for the dwindling agricultural commodity market.
Iron ore futures approached $50 a tonne Monday, the lowest it has been in three months, going down almost 10 percent in just two weeks. Reuters reported that the $50 a tonne price is a sign that losses will continue after Dalian futures slumped lower on Tuesday as Chinese steel producers cut output due to the decline in demand of iron ore.
A recent study from AAA Foundation for Traffic Safety found that hands-free technologies are not less distracting on the road for drivers.
IBM has just released news that the IT company is currently under investigation by the Securities and Exchange Commission on its accounting procedures in the US, Ireland, and Britain.
Morgan Stanley reported a big miss in the third quarter profit as a result of a decline in their trading and private equity business. Although they have shifted their focus on business segment with less risk, global economic slowdown has hit Morgan Stanley and other US banks this quarter.
The US congress is in session to finalize a new budget deal before the current US House Speaker, John Boehner steps down for retirement starting this Friday, October 30th.
Starbucks, the most popular coffee brand in the world, has a special treat for both Halloween lovers and coffee enthusiasts as they announced plans on releasing a new vampire-inspired beverage, the Frappula.
Holiday is the most wonderful time of the year. But it can also be the most stressful, especially on our financials. For many people, the holiday also means lots of spending.
Wal-Mart had applied to U.S. regulators for the permission to test drones for checking inventories, home delivery, and pickup. Rumors said the company's move is to compete with Amazon's drone delivery.
