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Taco Bell to hire 100,000 as part of U.S. expansion

November 5, 2016 by · Leave a Comment 

Taco Bell, which operates about 7,000 restaurants in the United States, generated revenue of about $2 billion in 2015. Taco Bell's U.S. expansion follows its plans to grow its international store base to 1,000 restaurants by 2022. The planned hiring and expansion efforts come on the heels of Yum Brands' spinoff of its China operations, the company's top profit generator, into a separate unit called Yum China Inc earlier this

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Taco Bell to hire 100,000 as part of U.S. expansion

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Samsung America says it has replaced most recalled Galaxy Note 7s

November 5, 2016 by · Leave a Comment 

(Reuters) – Samsung Electronics America said on Friday it has replaced nearly 85 percent of all recalled Galaxy Note 7 devices as it works to resolve the issue of fire-prone phones. South Korean parent company Samsung Electronics Co Ltd announced the global recall of at least 2.5 million Note 7s in early September following numerous reports of the smartphones catching fire. Samsung will be releasing a software update in the coming days to limit the phone's ability

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Samsung America says it has replaced most recalled Galaxy Note 7s

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Global monetary taps still open wide, Fed minutes in focus

August 13, 2016 by · Leave a Comment 

The glue binding a still-aggressive global monetary policy response to a struggling world economy and almost daily record highs for world stock markets along with record low bond yields is set to remain intact in the coming week. The one thing that could unstick it, apart from divine intervention, would be a change in tune from …

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Global monetary taps still open wide, Fed minutes in focus

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Exclusive: Tesla, SolarCity close to merger agreement

July 24, 2016 by · Leave a Comment 

The two companies, which count billionaire Elon Musk as a major shareholder, are in the final stages of carrying out due diligence on each other, and could agree on the terms of a deal in the coming days, though it is still possible that their negotiations end unsuccessfully, the people said on Saturday. It could not be learned whether SolarCity would be successful in including a…

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Exclusive: Tesla, SolarCity close to merger agreement

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China developer Vanke buys Shenzhen Metro unit for $6.9 billion

June 19, 2016 by · Leave a Comment 

China Vanke, the mainland's biggest property company by sales, said it will acquire a unit of Shenzhen Metro Group for 45.6 billion yuan ($6.9 billion) via a new share issue, making the state-owned subway operator its largest shareholder. The final purchase price came at the lower end of the 40 billion yuan to 60 billion yuan guidance under a preliminary accord in March as Vanke's management fought to retain control of the company in a battle with its…

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China developer Vanke buys Shenzhen Metro unit for $6.9 billion

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Greece could lift capital controls by year-end: bank association head

June 19, 2016 by · Leave a Comment 

Greece could lift most or all capital controls imposed at the height of the euro zone crisis by the end of the year, the head of the country's banking association said on Saturday. More than 50 billion euros left banks from November 2014 to July last year…

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Greece could lift capital controls by year-end: bank association head

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Explosion reported at Kia plant in Mexico, at least three injured

June 19, 2016 by · Leave a Comment 

An explosion struck a Kia Motors factory in northern Mexico on Saturday, injuring at least three workers after an accumulation of gas ignited, a local emergency services official told Reuters. Luis Felipe Puente, the national director of emergency services, confirmed that some workers at

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Explosion reported at Kia plant in Mexico, at least three injured

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Volkswagen group to phase out more than 40 car models: report

June 19, 2016 by · Leave a Comment 

Volkswagen will stop producing more than 40 car models in the coming years as part of a new strategy by Europe's biggest automaker, German newspaper Handelsblatt reported on Saturday. Volkswagen (VW) said on Thursday it would invest billions of euros in electric cars, ride-hailing and automated driving to become a world leader in green transport by 2025 as it

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Volkswagen group to phase out more than 40 car models: report

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Verizon’s bid for Yahoo’s web assets topped by others: source

June 9, 2016 by · Leave a Comment 

(Reuters) – Verizon Communications Inc did not submit the highest offer this week in the second round of bidding for Yahoo Inc's core internet assets, according to a person familiar with the matter. No committed financing was required for second-round bids, and Yahoo will put together in the coming days a new shortlist of

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Verizon’s bid for Yahoo’s web assets topped by others: source

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ConAgra Foods stock seen rising 30 percent: Barron’s

May 29, 2016 by · Leave a Comment 

ConAgra Foods' stock could climb up to 30 percent in the coming months as the U.S. packaged food company seeks to shed businesses, improve existing brands and achieve lower overheads, Barron's said in its …

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ConAgra Foods stock seen rising 30 percent: Barron’s

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