Tracking to the steep drop of over 25 percent in competitor Nu Skin shares, Nutrition company Herbalife Ltd's stock also plunged over seven percent.
United States
Facebook to launch satellite in 2016 to give Internet access to remote places
In a respectable attempt to provide access to the Internet throughout hard-to-reach places, Facebook is scheduling a satellite launch this 2016 that aims to make the World Wide Web readily accessible to people living in remote parts of Africa.
Making The Great “Goodbye, Job” a Better “Hello, Opportunities”
Whatever your reason on why you have to leave your current job doesn't matter. It's about your response. When doing a work exit, most employees are usually overwhelmed in the situation they are in. May your reason be a dreadful working environment, tyrannical hierarchy, or a new, greener field you are excited to be yourself in, you have to remember that leaving is not just all about you-- it is for every person in the room as well.
SunEdison layoff affects more than 1000 employees
SunEdison Inc., a solar company announced Monday about its plans to optimize its business operations and increase cash flow. This move will include layoffs, according to an internal company memo.
$10,000 fine for drones near air show during Fleet Week
The San Francisco Police Department and the Federal Aviation Administration will be working hand in hand to ban drones while imposing a $10,000 fine for offenders during the 2015 Fleet Week which is set to happen this weekend.
Latest News
US President Barrack Obama makes his first public remarks in front of business leaders at the U.S. Agriculture Department saying that he is confident that Congress will approve the Trans-Pacific Partnership (TPP) trade deal.
The US companies are keeping their profits made overseas out of the homeland in order to avoid taxes. It's estimated that 500 large US companies are holding over $2.1 trillion accumulated profits overseas to avoid taxes. These companies have to shell out $620billion by paying US taxes to repatriate the funds.
Apple Inc. confirmed today that its company had acquired a startup technology company call Perceptio. The detail of the acquisition is not made public as told by Apple spokesman to Bloomberg.
The worldwide games developer, Ubisoft, finally acquires Ivory Tower, the French maker of The Crew racing game. After years of collaboration with Ubisoft driving experts, Reflections, Ivory Tower is now part of the Ubisoft. The gaming developer confirmed the acquisition in the blog.
In America, employees work an average of almost 47 hours a week and rather choose to have more flexible time on the job than less time. Normally a full-time employee works 40 hours or more in a week but at some Swedish firms, work period is cut to 30 hours. Studies showed that lesser hours of work makes employees more productive and promotes better morale, according to CNN Money.
Earlier this week, hundreds of corporate and support jobs will be laid off at Wal-Mart Stores. The cuts come at time Wal-Mart is investing in billions to strengthen its e-commerce for better competition with Amazon.com and Target, giving hundreds of thousands of in-store workers raises.
American employers increased jobs at a quick pace last September, a signal that the labor market is close to full strength. This trend could possibly persuade the Federal Reserve to raise interest rates at one of its two remaining meetings this year, according to the Business Insider.
Bill Gross, a bond manager, forecasts further fall of 10 percent in many asset classes, while advising investors that cash is the best bet until a clear picture about the next direction of the market emerges.
Los Angeles-based American Apparel filed for bankruptcy protection. The clothing company agreed to restructure its finances after negative controversies and slump of sales.
