
L'Oréal, A Leader in the Global Beauty Marketplace
Mar 02, 2021 02:35 am UTC| Business
LOréal is a French cosmetics company. As a leader in the global beauty marketplace they are well-known for their product research and development divisions that support enviable market share and consistent positive...

GM prepares to release affordable Chevy Bolts
Mar 01, 2021 23:07 pm UTC| Business
General Motors is preparing to release two affordable Chevrolet Bolt models that start at under $34,000 this summer as it pivots to become an all-electric vehicle company by 2035. The all-electric Bolts consist of a...

Porsche eyeing to increase shares in EV manufacturer Rimac Automobili to almost 50%
Mar 01, 2021 18:48 pm UTC| Business
Volkswagen unit Porsche could raise its share in Rimac Automobili from 15.5 percent to almost 50 percent in a deal that would also include the transfer of another Volkswagen supercar brand Bugatti to Rimac. Porsche is...

McDonald's may partially sell digital unit for being poor investment
Mar 01, 2021 11:51 am UTC| Business
McDonalds is considering selling part of its digital start-up Dynamic Yield, which it bought for over $300 two years ago to boost drive-through and in-restaurant kiosk orders. According to McDonalds franchise owners,...

GE: FBI indicted Chinese businessman for plans to steal General Electric’s trade secrets
Mar 01, 2021 10:40 am UTC| Business
General Electrics trade secrets were almost stolen when a Chinese businessman devised a plan to take documents out from the company. It was suggested that the scheme was busted after GE cooperated with the FBI to stop the...

Facebook users in Illinois may be paid $345 as Mark Zuckerberg’s company settles privacy lawsuit
Mar 01, 2021 10:11 am UTC| Business
Facebook is paying $650 million to settle a privacy lawsuit concerning its face-tagging feature. The federal judge just approved the settlement this past weekend. Facebook to settle privacy legal battle The lawsuit...

Goldman Sachs’ executives ditch company to build Walmart’s fintech startup
Mar 01, 2021 09:51 am UTC| Business
Goldman Sachs lost two of its executives after Walmart recruited them for its own fintech startup project. Omer Ismail, who was described as the architect of Goldman Sachs foray into consumer investment, is ditching the...