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.
United States
Microsoft Announces Arrow Launcher for Android
Microsoft officially anounced its Arrow launcher for Android. A customization application that enable Android users to modify how their device look and behave. The application is now officially available for download in Android Google Play.
Oracle will teach young people how to think, to build a high school
Oracle Corporation, through its CEO Safra Catz, unveiled the company's plans to build a high school on its Redwood Shores campus.
Google Photos' new enhancements include hiding photos of specific people
There are new enhancements in Google Photos, including better app performance, face matching features, and it can also allow users to hide photos of specific people.
Apple created virtual reality music video for U2
Apple and Irish band U2 collaborated on a 360-degree U2 music video produced by Vrse App, a platform for original VR content. The U2's "Song for Someone" music video is Apple's first experiment in mixing VR and music videos.
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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, 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.
Obamacare premiums for the benchmark silver insurance plan will increase by an average of 7.5 percent next year. CNN Money writes that the Department of Health and Human Service reported Monday that the increase will be imposed in 37 states through the federal Obamacare exchange.
Home-based businesses have proven to be one of the best business start-ups. With a good goal-setting attitude and strong discipline, one can easily enjoy the benefits that home-based business brings.
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.
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.
