After facing declining sales for the past several months, McDonald’s Corporation (NYSE:MCD), the world’s largest fast-food chain, is all set to adapt to the changing customer taste. The latest reformations from the restaurant chain include more emphasis on the ‘lovin’ part of its ‘I’m Lovin’ It’ campaign. According to the latest update from the fast-food…
Google Inc (GOOGL)’s Android Challenged by Samsung with New Tizen-Powered TVs
Google Inc (NASDAQ:GOOGL) is facing a new challenge to its Android operating system from Samsung Electronics. The South Korean company will unveil its new Television products in the upcoming Consumer Electronics Show. Samsung’s new TV sets will run the Tizen operating system. Working on the concept of “smart homes”, the world’s largest manufacturer of TV…
Apple Inc. (AAPL)’s Watch Generates Conflicting Predictions from Analysts
Apple Inc. (NASDAQ:AAPL)’s watch, which has been introduced in September last year and is expected to be released early this year, has become a center of diverging opinions regarding its future from different observers, from predictions of sales ranging from 10 million at the lowest to 60 million at the highest, to arguments leading to…
Coca-Cola Bottling Co. Consolidated (COKE) Initiates Major Layoffs Taking Out 2,000 Employees In Upcoming Weeks
In the recent round of layoffs by leading companies, Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) is the next one to layoff up to 2,000 employees in the next few weeks. These layoffs are a part of Coke’s cost cutting program after facing drop in profits during its recent quarter. The beverage company announced cost-cutting program after…
Apple Inc. (AAPL) Resume iPhone Sales in Russia at 35% Price Hike Amidst Devaluating Ruble
Apple Inc. (NASDAQ:AAPL) resumes its online sales operations in Russia after a halt of almost two weeks, but the company has boosted Russian prices of its products on account of ruble’s decline against the dollar, which makes the earnings of U.S. companies operating in Russia lesser in dollar value. Factors such as falling oil prices…
Apple Inc. (AAPL)’s CEO Contributes in Gay Rights Movement With Hearty Donations
After writing about his sexual preferences in a magazine essay in October, Apple Inc. (NASDAQ:AAPL)’s CEO has made a hearty contribution towards the gay rights movement carried forward by the Human Rights Campaign. The CEO of iPhone maker company is among one of the most popular business leaders to support the movement for gay rights.…
General Motors Company (GM) Among Other Leading Manufacturers To Cut Car Sales In Russia Amid Falling Ruble Value
The falling value of Ruble is having its worst impact on the auto manufacturing industry and General Motors Company (NYSE:GM) among other leading auto companies are cutting car deliveries in the country. The auto company has raised its car prices and halted sales in Russia to cope up with increasing losses. There are dual factors…
Tesla Motors Inc (TSLA)’s Shares Continue Downward Rally Post China Head Departure, Analysts Expect Share To Fall Below $200
The electric carmaker, Tesla Motors Inc (NASDAQ:TSLA), is continuing a tough ride with its shares falling in excess of 15% in the past two weeks. The shares of the electric automobile company declined nearly 1% after its Chinese head left the position without any notice. Tesla does have a bright future and the demand for…
Staples, Inc. (SPLS) And Office Depot Inc (ODP) Near Merger As Starboard Adds More Pressure
The two of the largest office-supply retailers in the U.S., Staples, Inc. (NASDAQ:SPLS) And Office Depot Inc (NASDAQ:ODP), are likely to join hands in near future as activist investor Starboard Value is increasing pressure on both the companies. The shares of both the retailers witnessed positive trading behavior after the announcement. Starboard Value announced substantial…
Wal-Mart Stores, Inc. (WMT) Offers Apple Inc. (AAPL)’s iPhone 6 for $50 Less
Wal-Mart Stores, Inc. (NYSE:WMT) is offering the iPhone 6 at $50 discount off the store’s regular price, at $129. The discounted iPhones will be available from Wal-Mart starting this week. The larger screen iPhone 6 Plus also goes with a $50 discount, at $229 from the usual $279. Wal-Mart owned Sam’s Club, offers the same…