Goldman Sachs sold 1.3 million shares from Valeant on Thursday, which the pharmaceuticals company was holding as collateral for its CEO, Michael Pearson.
United States
Shake Shack mulls price hike in 2016
One of the US fastest growing fast food chains, Shake Shack announces that the company will increase its menu prices again by 2016. The announcement was made by the company's CEO, Rany Garutti to investors citing that it is preparing for a minimum wage hike by next year.
Chipotle Re-Opens Restaurant After E.coli Outbreak in Washington and Oregon
Chipotle Mexican Grill re-open their 43 restaurant who was closed down due to E.coli outbreak since earlier this month. After health officials in Oregon and Washington State did not find E.coli in the sample taken from the restaurants.
Apple is planning to enter peer-to-peer payment market
Apple is planning to make sure its iPhone users to continue using the company's latest payment service, Apple Wallet through the use of peer-to-peer payment service.
Price Dropped as U.S. Soybean is Expecting Record High Production
USDA monthly outlook reported that soybean crops are expected to reach a record high harvest in six years, thus lowering the price in CBOT. Two other U.S. major crops, corn and wheat also estimated to produce higher than expected result.
Latest News
Facebook releases another new app today that will help users to receive notification from all Facebook-owned app under one app known as Notify.
T-Mobile now offers a new option for users to stream videos on their mobile devices without using up too much data allotment against their plans. The company's chief executive John Legere announced Tuesday the new video streaming plan that is called "Binge On" in a move that would hopefully attract more users to register in their network, according to Reuters.
Governor Andrew M. Cuomo announced Tuesday that he would increase minimum wage to $15 for all state workers in New York. According to The New York Times this minimum wage hike makes the New York the first state to put the pay this high for the public employees.
Major League Baseball Commissioner Rob Manfred remains hopeful that a big league team will be at the exhibition game in Cuba next year. And the commissioner even expressed his high hope that the Major League Baseball team headinf to Cuba would be a good thing for baseball.
Google Inc. has launched a new version of Google Maps that allows users to get offline navigation and search. The redesigned Google Maps service allows users to download detailed maps of the specific area to their phones, so they can get directions even when they find themselves without connectivity.
Apple Inc. announced on Tuesday that developers will now be able to invite around 2000 users to help beta test the applications for both iOS and newly launched tvOS via its TestFlight evaluation tool.
Lockheed Martin Corp got the $969 million deal from Pentagon to build 17 C-130 J military transport planes.
Pentagon announced awarding the contract to Lockheed on Tuesday. The work is expected to be finished by April 2020, according to the Department of Defense.
A 16.08 carat rare pink diamond sold for more than $28.55 million (28.73 million Swiss francs) at Christie's Geneva Magnificent Jewel sale. The largest cushion shaped vivid pink diamond in the auction was purchased by a Chinese client based in Hongkong. The private buyer dubbed the diamond as "The Sweet Josephine".
Artificial Intelligence seems to be working great for the tech giants including Google, Facebook & Apple who are working hard these days to get the best outcome.
