Cisco Making Large Investment Plans
Cisco plans to accelerate its investments into communications in the coming two to three years. They have recently announced that they will give $150 million to start-up companies in this…
Potential Hot Water for Skechers
If you love Skechers USA Inc. shoes, you might love them a bit less in a minute. That’s because the footwear maker is under the gun at the moment for…
Netflix Inc. Announces Salary Hike for CEO
Netflix Inc. has recently announced a 50% salary hike for its Chief Executive Reed Hastings. This will bring his salary to $6 million for 2014. Netflix had a very good…
Vehicle Production Group Shutting Down
Vehicle Production Group LLC, the maker of wheelchair-accessible vans, has closed after running out of money. The company produced a six-passenger MV-1 van that ran on compressed natural gas. Investors…
Apple Apologizes to China
Apple Inc has recently apologized to Chinese consumers – and for good reason. Their Chief Executive Tim Cookrecently apologized after getting blasted for two weeks for their after-sales service. The…
Groupon Inc. Loses a Quarter of Its Market Value
Groupon Inc has recently admitted to losing a quarter of its market value on Wednesday after just revealing that they began to take smaller cuts of their revenue on daily…
Office Depot Inc. and OfficeMax Inc. May Merge
In an interesting piece of news, Office Depot Inc. is in advanced talks to merge with OfficeMax Inc. Both of the companies are under a great deal of pressure from…
Daimler Personnel Getting Extended Contracts
For those following news about Daimler, they have just announced that they will extend the contract of CEO Dieter Zetsche by five years. This will take him until the end…
Yahoo Climbing Its Way Back Up
Yahoo Inc. is forecasting a modest upturn in revenue for 2013, but Chief Executive Marissa Mayer warns that it may take a lot of work to get there. The company,…
Hasbro Listens to Buyer Feedback
Sometimes large businesses actually do pay attention to the little people out there. 13 year old McKenna Pope of Garfield, New Jersey started a petition at change.org to make the…