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SmugMug Buys Flickr Vowing to Revitalize Photo Service

SmugMug Buys Flickr Vowing to Revitalize Photo Service

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Flickr was purchased by SmugMug the photo-sharing and storage Silicon Valley company. CEO at SmugMug Don MacAskill says he is committed to putting new life into the social ...

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P&G Buying Consumer Health Business from Merck

P&G Buying Consumer Health Business from Merck

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Proctor & Gamble Co. has agreed to acquire Merck’s consumer healthcare business for €3.4 billion equal to approximately $4.2 billion, giving the consumer products maker ...

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Netflix Stock Surges Following Addition of Two Million Subscribers

Netflix Stock Surges Following Addition of Two Million Subscribers

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Netflix was able to add many more subscribers than was expected during the first quarter of 2018 and posted earnings for the quarter that were in line with Wall Street ...

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General Motors Cuts Hundreds of Jobs at Plant in Ohio

General Motors Cuts Hundreds of Jobs at Plant in Ohio

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General Motors has started to cut hundreds of job at its Lordstown, Ohio plant as the carmaker makes adjustments to much slower demands for new vehicles. The auto plant, which has ...

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Several Bids of $1 Billion Offered for Asia Toys R Us Unit

Several Bids of $1 Billion Offered for Asia Toys R Us Unit

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Prospective buyers have submitted several bids in excess of $1 billion to Toys R Us for the bankrupt company’s majority stake in its Asia business, said a lawyer representing the ...

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Tesco Domestic Market Helps It Beat Profit Forecast

Tesco Domestic Market Helps It Beat Profit Forecast

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On Wednesday, the announced 28% increase in profit for the full year at Tesco surpassed expectations helped from a strong end to its year at home, underlying the recovery for the ...

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Shares of Bayer Surge As Report Says Antitrust Deal Reached

Shares of Bayer Surge As Report Says Antitrust Deal Reached

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Shares of Bayer were up over 5% on Tuesday after a report was published that said the U.S. Department of Justice would allow Bayer, the drugs and pesticides company based in ...

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Trade War Between U.S.-China Could Hurt Carmakers in Germany, Tesla and Ford

Trade War Between U.S.-China Could Hurt Carmakers in Germany, Tesla and Ford

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As trade tensions escalate between the U.S. and China many companies could be hit with production declines such as luxury SUV makers from Germany that make vehicles in the U.S. ...

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General Motors Stopping Monthly Sales Reports

General Motors Stopping Monthly Sales Reports

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General Motors said it would start reporting its sales for the U.S. at the end of each quarter rather than the end of every month and March’s monthly sales report would be its ...

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First Case of Super Gonorrhea Confirmed

First Case of Super Gonorrhea Confirmed

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The first confirmed case of super, multi-drug resistant gonorrhea in the world has been confirmed in the United Kingdom, according to officials in public health. For some time, ...

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