Despite escalating capital expenditure, the US-based wireless carrier AT&T is optimistic of achieving double-digit growth in revenues for the second half of 2015.
Regions
Despite jobless claims up, US 4-week average at 15-year low
The last week witnessed a sudden jump in new applications for unemployment benefits while the four-week average showing a healthy situation in the job market as it touched a record low since 15 April 2000.
United Airlines Adds Interactive Map to iOS App
United Airlines announced an update to its mobile app that now includes an interactive airport map. The move is said to help passengers find amenities close by the airport area.
Scott Walker approves $250M Bucks Arena
Gov. Scott Walker of Wisconsin signed a bill on Tuesday allowing $250 million of taxpayer's money to help fund an arena that would replace the almost three-decade-old Bradley Center.
Bumble Bee Foods to pay $6M in fees for horrific death of worker
Three years ago, Jose Melena, 62, was burned alive inside the Bumble Bee Foods industrial oven. On Wednesday, Bumble Bee Foods was required to pay $6 million total in fees for the incident.
Latest News
The National Retail Federation predicted that a regular household will spend more than $600 this year for school supplies. The amount is said have reduced from last year's spending.
It seems like yard work is headed to a greener pasture with the new free-wheeling automated lawn mower made by iRobot Corp Inc, which recently got regulatory approval Wednesday to manufacture and sell their new product.
The U.S. crude oil's price continued to crash allowing it to reach its lowest level in more than six years. Benchmark U.S. crude oil has fallen to $1.88 equivalent to 4% making it settle at $43.08 a barrel In New York City, which is at its lowest since March 2009. The front-month continuation contract for U.S. crude had previously struck a 2015 low of $42.03.
Morgan Stanley, JPMorgan Chase and Goldman Sachs were the top-three beneficiaries in equity trading revenues during the second quarter of 2015.
Kraft Heinz is cutting 2,500 jobs in the U.S. and Canada, including 700 of its workforce in Northfield, Illinois in order to cut expenses.
In a bid to penetrate the fifth largest auto market in the world, Ford Motor Co will be using the new engineering strategy it learned from India, which lets them develop compact model through low-cost production.
Cisco Systems, Inc. (CSCO), Alibaba Group Holding Ltd (BABA), Macy's Inc. (M) and News Corporation (NWS) will announce the companies' quarterly financial results on Wednesday.
A three-year-old law in New York City created to keep tabs on their social efforts to meet the needs of their low-income neighbors was deemed unconstitutional, according to a US federal judge.
This may come as a shock to most, but Verizon will eliminate its two-year service contracts on Thursday, along with its $100 or $200 discount phone offerings.
