Ren Benavidez
Argentina Makes Second Default in 13 Years Worth US$1.3 Billion
| Ren Benavidez | | Aug 01, 2014 11:38 PM EDT |
Argentina refused to pay the US$1.3 billion debt it owes to investors for the second time in 13 years.
Undersea Drones are Exploring the Ocean’s Uncharted Waters
| Ren Benavidez | | Aug 01, 2014 02:24 AM EDT |
The drone can be essential in preventing tragedies.
Ebola Treatment in Africa Impeded by Witchcraft and Sorcery Beliefs
| Ren Benavidez | | Jul 31, 2014 10:39 PM EDT |
A British doctor in West Africa said his treatment of residents infected with the Ebola virus is being hampered by their belief that it was a work of witchcraft.
Alibaba, Snapchat in Talks for US$10 Billion Alliance
| Ren Benavidez | | Jul 31, 2014 07:44 PM EDT |
Internet giant Alibaba is considering buying the stocks of Snapchat valued at around US$10 billion.
Obama and Lawmakers’ Combats Corporate Tax-Evasion Schemes
| Ren Benavidez | | Jul 31, 2014 04:39 AM EDT |
Democrat lawmakers and the Obama administration are pushing a law against corporate inversion and they want it to be effective retroactive to May 8.
Pfizer Abandons $118 Billion Astra Deal
| Ren Benavidez | | Jul 31, 2014 04:38 AM EDT |
Pfizer Inc. left its investors speculating after cancelling its US$118 billion bid for AstraZeneca on Tuesday.
Bank of America Ordered to Pay $1.3 Billion for Countrywide Fraud
| Ren Benavidez | | Jul 31, 2014 04:33 AM EDT |
The Bank of America was ordered to pay US$1.3 billion by a federal judge on Wednesday for taking part in selling risky mortgages to government-sponsored enterprises, Fannie Mae and Freddie Mac.
McDonald's Liable for Workers Treatment, Says Ruling
| Ren Benavidez | | Jul 30, 2014 02:51 PM EDT |
The National Labor Relations Board (NLRB) ruled on Tuesday that McDonald’s Corp. could be treated as a co-employer with its franchisees.
Toyota Remains World’s Best-Selling Carmaker
| Ren Benavidez | | Jul 30, 2014 01:11 PM EDT |
Toyota is still leading in vehicle sales worldwide, with Volkswagen on the second spot followed by General Motors.
Ford, General Motors Face Lawsuit Over Cars’ Audio System
| Ren Benavidez | | Jul 30, 2014 06:01 AM EDT |
Alliance of Artists and Recording Companies filed a lawsuit on Friday against companies who it said copied music digitally into their cars.
Eid Al-Fitr in Gaza: A Day of Grief, Not Celebration
| Ren Benavidez | | Jul 30, 2014 05:04 AM EDT |
Palestinians couldn't bring themselves to enjoy Eid al-Fitr celebration because of the situation in Gaza.
Mars Exploration Rover "Opportunity" Breaks Record for Distance Travelled Off-Earth
| Ren Benavidez | | Jul 30, 2014 04:32 AM EDT |
Opportunity was designed to travel a distance of only one kilometer.
Zillow Buys Trulia in $3.5 Billion Deal
| Ren Benavidez | | Jul 29, 2014 11:07 AM EDT |
Zillow announced on Monday that it will buy Trulia for US$3.5 billion in a deal that will reportedly close in 2015.
Amazon Risks Losing Investors Amid Company Loss
| Ren Benavidez | | Jul 29, 2014 02:08 AM EDT |
After the second-quarter earnings of Amazon came out on Thursday, the online marketing company faces the risk of losing its investors.
Herbalife Profit Falls, Results Miss Estimates
| Ren Benavidez | | Jul 28, 2014 11:06 PM EDT |
Global nutrition company Herbalife Ltd. reported its second-quarter earnings and is 16 percent below than what analysts estimated.
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