Current Industry News
Fresh Industry News
Even if you’ve found success, never rest on your laurels. Current industry news will get you higher. Every business belongs to an industry, and as the business grows, the changes in its industry must be known to the business owner as well.
Therefore, if you know the current industry news, you can definitely investigate, innovate, and inform yourself on the latest happenings whether from your competitor down the block or from the trends of the entire country. Focus on your target and start to read right now.
- Goldman Sachs Posts $428M Loss in 3Q (October 18, 2011)Due to political and financial turmoil in the United States, investment bank Goldman Sachs Group Inc. said its third quarter earnings fell short by $428 million– the second quarterly loss since it went public 12 years ago.
- RIM Reports Problem in BlackBerry Services in Europe, Middle East (October 10, 2011)BlackBerry maker Research in Motion Ltd. (RIM) reported on Monday that its customers in Europe, Middle East and Africa have been experiencing problems with various services.
- Ford to Invest $4.8B in Plants, to Add Nearly 6,000 Jobs (October 4, 2011)Detriot-based auto giant Ford Motor Co. on Tuesday announced that it will invest more than $4.8 billion in its factories and add at least 5,750 new jobs as part of the new contract deal with the United Auto Workers union.
- Starbucks Eyes Profit-Sharing Offset Cuts in Gov’t Spending (October 4, 2011)Starbucks Corp., the world’s largest coffee chain, on Tuesday said it is now eyeing profit-sharing with non-profit organizations to help offset the cuts by the US government in the funding for children and education.
- Kodak Denies Bankruptcy Report, but Shares Plummet (October 2, 2011)Eastman Kodak Co., the company synonymous with cameras, on Friday denied reports over its planned bankruptcy that stemmed after the company hired a law firm well-known for such cases, triggering stockholders to pullout shares.
- Reebok to Pay $25M over ‘false’ Toning Shoe Claims (September 28, 2011)US regulators on Wednesday said Reebok International Ltd, a unit of Adidas Ag, has agreed to pay $25-million penalty for unsupported and false claims with its RunTone and EasyTone, which was said to provide extra muscle strength.
- FedEx Cuts Earning Forecast on Dismal Global Growth (September 26, 2011)FedEx Corp., the world’s second largest package delivery company, on Thursday said it is cutting its earnings forecast for the rest of the fiscal year due to uncertainties and global economic slowdowns.
- Strong Demand for Autos ups July Factory Orders (August 31, 2011)A new data released by the United States Commerce Department showed that factory orders in the US has increased by 2.4 percent driven by strong performance by the automotive sector.
- Pfizer Wins Viagra Patent Case vs. Teva (August 15, 2011)Pharmaceutical giant Pfizer Inc. “rises” to the occasion, beating Teva Pharmaceutical Industries in their court battle over the erectile dysfunction drug Viagra.
- Yahoo, Alibaba Sign Deal with Japan’s Softbank (July 29, 2011)Internet giant Yahoo Inc., along with Chinese online firm Alibaba Group, has entered into an agreement with Japan’s Softbank Corp. for the compensation plan involving online payment service Alipay.
- Amazon Opens Second Front In “war” With Apple (May 30, 2011)
- Wal-Mart Tests Home Delivery In San Jose, California (April 25, 2011)
- AT&T may sell assets to get gov’t approval for $39B deal (March 22, 2011)
- Wal-Mart apologizes for expired duck meat in China store (March 12, 2011)
- Toyota to double profit by 2015 (March 9, 2011)
- Wells Fargo to hire 1,000 staffs in May (March 8, 2011)
- Toyota to lay down its “Global Vision” (February 21, 2011)
- Sharp to Launch Android-based e-Book Reader by December (September 27, 2010)
- FedEx Profits Increase, but Plans to Layoff Workers (September 17, 2010)
- Wal-Mart Engages “Price War” against Other US Retailers (May 31, 2010)
- Wal-Mart Recalls “Miley Cyrus” Jewelry over Cadmium Reports (May 20, 2010)
- US Retailers Report Stronger Sales (April 15, 2010)
- Small Businesses Less Optimistic About Recovery (April 14, 2010)
- Wholesalers Report Strong Sales (April 11, 2010)
- Black Barbie Selling at Lesser Price than White Barbie at Wal-Mart (March 10, 2010)
- Wal-Mart to Buy Vudu, Eyes Online Movie Service (February 23, 2010)
- Wal-Mart to Realign US Operations (January 30, 2010)
- Wal-Mart to Slash Some 11, 500 Jobs at Sam’s Club (January 26, 2010)
- Wal-Mart Massachusetts to Pay Workers $40 Million (December 3, 2009)
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