US productivity growth rebounds to 1.3%
August 11, 2015
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Business

US productivity growth rebounds to 1.3%

The Labor Department says worker productivity increased at a seasonally adjusted annual rate of 1.3…

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Rite Aid Reverses Course, Will Accept Apple Pay Starting August 15
August 11, 2015
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Business

Rite Aid Reverses Course, Will Accept Apple Pay Starting August 15

Rite Aid announced today that all of the Company’s almost 4,600 stores nationwide will begin…

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Shenandoah Telecommunications agrees to acquire nTelos
August 11, 2015
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Business

Shenandoah Telecommunications agrees to acquire nTelos

Shenandoah Telecommunications entered into an agreement with Sprint (S) at the same time. Hyde had…

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American Express Doesn’t Want US Corporate Card Holders to Leave Home without
August 11, 2015
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Business

American Express Doesn’t Want US Corporate Card Holders to Leave Home without

It’s unclear why American Express held off on adding support for corporate cards-perhaps execs were…

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Symantec to sell Veritas business for $8B in cash
August 11, 2015
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Business

Symantec to sell Veritas business for $8B in cash

Carlyle is joined in purchasing Veritas by GIC, Singapore’s sovereign wealth fund.

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Hertz misses 2Q profit forecasts
August 11, 2015
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Business

Hertz misses 2Q profit forecasts

Hertz, like its competitors, is facing new challenges within the industry as the rise of…

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Shuttered Gold Mine In Colorado Spilling Yellow Sludge Into River, Has Now
August 11, 2015
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Business

Shuttered Gold Mine In Colorado Spilling Yellow Sludge Into River, Has Now

A yellow sludge spilling from a shuttered gold mine into a southwestern Colorado river has…

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Twitter signs multi-year deal with NFL
August 11, 2015
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Business

Twitter signs multi-year deal with NFL

The NFL and Twitter announced a new multiyear deal that enables Twitter to deliver official…

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European shares fall as China devalues, ZEW weakens
August 11, 2015
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Business

European shares fall as China devalues, ZEW weakens

Precision Castparts surged 19 percent on the news that Buffett’s Berkshire Hathaway would acquire the…

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Rajan leaves rates unchanged; asks banks to lower
August 11, 2015
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Business

Rajan leaves rates unchanged; asks banks to lower

Promising continuity of “accommodative” monetary stance, Reserve Bank of India Governor Raghuram Rajan on Wednesday…

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