Ren Benavidez | Jul 25, 2014 08:25 AM EDT
Wal-Mart CEO Bill Simon will step down from his possition effective Aug. 9, according to the company's announcement. read more
Ren Benavidez | Jul 25, 2014 03:26 AM EDT
OSI Group LLC’s Shanghai Husi Food won a case filed by an employee in 2013 whose claims included that the company violated food safety laws, among others. read more
Nikki Alfonso | Jul 25, 2014 05:00 AM EDT
Amazon reported a loss of US$126 million during the second quarter of the year, more than double than what the company projected it would lose. read more
Ren Benavidez | Jul 25, 2014 04:01 AM EDT
Facebook Inc. chairman Mark Zuckerberg has added US$1.6 billion to his net worth, making him richer than Google Inc. founders Larry Page and Sergey Brin. read more
Kizha Trovillas | Jul 25, 2014 05:42 AM EDT
Starbucks Corp announced higher quarterly sales after introducing new menu items in their U.S. cafes. read more
Patricia Villaceran | Jul 25, 2014 07:56 AM EDT
Facebook has reached a 61 percent increase in revenue for the fiscal second quarter, beating the projections and financial targets set by Wall Street. read more
dweisman | Jul 25, 2014 09:20 AM EDT
Chinese online retail sales have been booming and now represent a leading driver of the Chinese economy read more
Patricia Villaceran | Jul 24, 2014 11:36 AM EDT
Apple Inc., the innovation tech giant, has released their quarterly report that showed 12 percent jump or equivalent to US$7.75 billion in profit, just from iPhone and Mac sales. read more
Bernadette Carreon | Jul 24, 2014 08:22 AM EDT
Strong mobile ads fueled second quarter revenues from social media giant Facebook. read more
Ren Benavidez | Jul 24, 2014 07:28 AM EDT
Yum Brands Inc., in China cut its ties with OSI Group LLC following a food safety scandal in the meat plant. read more
Nikki Alfonso | Jul 24, 2014 11:39 AM EDT
Pinterest, ranked the most loved social networking site by the American Customer Satisfaction Index, just hired the man behind Axe's notoriously sexist ads. The move to hire David Rubin, a former executive of Unilever, was instigated by the management of Pinterest in an effort to attract more male users to the site. read more
Ren Benavidez | Jul 24, 2014 08:07 AM EDT
American Apparel has hired new board directors to help the company get back on its feet following a $270 million loss. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more