Nike prepares to launch shoes from future, as portrayed on a classic sci-fi action movie, Back to the Future. After securing the patent for its self-lacing shoes, the shoes will be ready to enter the market in the near future.
United States
FCA Bans Weaving Capital founder Peterson From U.K. Finance Industry As Closure to a Big Scandal
The Financial Conduct Authority banned Weaving Capital (UK) Ltd. Founder Magnus Peterson from working in the financial industry as part of a closure in one of the biggest scandals in the country.
McDonald's shares hit record high as new CEO's turnaround plan start to work
The shares of McDonalds' - the world's biggest restaurant chain - jumped more than 8% to hit $110.88 on Thursday. CEO Steve Easterbrook, who took over the helm 8 months ago, stated that the rebound in the quarterly restaurant sales showed that his turnaround plan is starting to take effect.
South Korea, China, and Japan to discuss free trade deal at Seoul summit
China, South Korea, and Japan have announced plans to reignite a three-party summit that was halted on 2012 due to lingering animosity towards Japan's part in WWII.
Retail War: Microsoft built its first flagship store near Apple's Cube in Fifth Avenue
Microsoft launches its first flagship store in New York City. The tech giant will also sell all of its latest devices in the store, including the Surface 4 and the Surface Book laptop-tablet.
Latest News
Goldman Sachs found its pre-kindergarten program in Salt Lake City had worked for both sides: the state, and the company itself. The program was conducted by Utah Voices for Children and was set to expand the spots in the program for 600 children. All of the children involved in the program were from low-income families, and 110 were expected to need special education in elementary school.
A Utah-based company called Domo Inc. is hoping to attract more talent and to address the needs of their employees by providing a stipend for their expectant mothers to dress professionally and comfortably while carrying a baby.
B for buyback and E for earningS, these are some of the most appropriate letters for Google's parent company, Alphabet, as it reported Thursday how much it made in the third quarter.
Bitcoin startup company, Abra, recently announced that it is set to launch in the United States and the Philippines after getting $12 million in Series A Round funding from investors, including the American Express and Ratan Tata, the chairman emeritus of Tata Sons.
For over two years, Chipotle has the worst quarterly sales growth of 12%. Chipotle used to have an outstanding speed when comes to sales growth, but now for four consecutive quarters, its sales growth has been plunging.
General Nutrition Corporation or GNC is on the hot seat as it is being accused of selling dietary supplements incorporated with illegal additives. Along with other sellers, GNC received notification letters from the New York Attorney General's office saying that it had been unable to verify several supplements contained in the label or some ingredients are not listed in the label.
A voluntary recall had been announced by Toyota Motors around the globe due to a defective power window switch that could overheat, melt and lead to fires. According to Toyota, The recall includes 2.7 million vehicles in North America, 600,000 in Japan, and 1.2 million in Europe. The cars involved are Yaris, Corolla, Matrix, Camry, RAV4, Highlander, Tundra and other models, as reported by NBC New York.
Trinity Industries Inc stated that it would resume selling guardrail products, called ET-Plus Systems, despite the study over the products safety. The company has been accused of making guardrails that can malfunction and impale drivers.
The strengthening of the US dollar has been hitting Procter & Gamble hard as the company reported its biggest sales drop in seven quarters. The company also cited weak demand especially in the overseas market as the reason behind the low sales performance.
