business

Asian Shares Go North After Leaders Back Easy Money

Asian Shares Go North After Leaders Back Easy Money

Asian shares went up on October 16 after finance leaders appealed to International Monetary Fund (IMF) during the weekend to continue its policies of minimal interest rates. This move will help various countries to continue their economic recoveries..

Private Equity Firm Acquired Ruby Tuesday For $2.40 Per Share

Private Equity Firm Acquired Ruby Tuesday For $2.40 Per Share

Ruby Tuesday, Inc. (NYSE: RT) on Monday announced that it agreed to be acquired by a fund managed by NRD Capital.Under the agreement, the Atlanta-based private equity firm NRD will acquire all of Ruby Tuesday’s common shares for $2.40 per shar..

Hundreds of Tesla Employees Fired

Hundreds of Tesla Employees Fired

Tesla Inc (NASDAQ: TSLA) Model 3 electric car is off to a rocky start, it seems, with the company having to fire hundreds of employees recently. It appears that the manufacturing of the Model 3 is not going on at the pace that would be desirabl..

Facebook Launches “Order Food” Feature

Facebook Launches “Order Food” Feature

On Friday, Facebook, Inc. (NASDAQ: FB) announced a new feature that would allow users to order food from local restaurants right through the app. The company has been partnering with a couple of businesses such as Delivery.com, EatStreet, Slice, Doo..

Lufthansa Buys Stake in Air Berlin

Lufthansa Buys Stake in Air Berlin

On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..

Pfizer Considers the Sales of its Consumer Healthcare Business

Pfizer Considers the Sales of its Consumer Healthcare Business

On Tuesday, Pfizer Inc. (NYSE: PFE), the pharmaceutical giant, said that it is considering the sale or spin-off of its consumer healthcare business, whose brands include lip balm Chapstick and painkiller Advil.The company’s consumer healthcare..

Honeywell Strengthens Aerospace Technology

Honeywell Strengthens Aerospace Technology

On Tuesday, Honeywell International Inc. (NYSE: HON) announced plans that will boost their aerospace technology growth and spin off other businesses as two publicly traded companies by the end of next year. Honeywell has already raised their full ye..