Industries

Hollywood Actor Josh Duhamel Gets Featured In 2016 North Dakota Travel Guide, Hunting & Fishing Guide

The actor, who is a native of Minot, North Dakota, is doing his job as a state ambassador, helping the state in attracting tourists.

January 29, 2016 at 11:20 am

Samsung Life Insurance Purchases 43 Million Shares In Samsung Card Co., Becomes Largest Shareholder

The life insurance company bought the total shares for 1.5 trillion, with each share priced at 35,500 won.

January 29, 2016 at 9:22 am

3 Chinese Insurance Firms To Vie For Allianz Life Insurance Korea

The Korea-based insurance company has been on sale since late of 2015. Three bidders from China have already submitted their letters of intent to the seller.

January 29, 2016 at 5:48 am

Bank Of America And Wells Fargo Working To Integrate Apple Pay To Its ATMs, Engineers Already Deployed To Work On It

Bank of America (BofA) and Wells Fargo are working to integrate Apple Pay into their ATM Machines, a source familiar with the matter told TechCrunch. Engineers from both companies are already placed on multi-months assignment s to provide the Apple Pay option in their ATMs.

January 29, 2016 at 5:36 am

Xerox To Split In Two, Due To Pressure From Icahn

Xerox Corp. has agreed to spin off its business to its shareholders by the end of the year that will separate it from the hardware legacy side, a person briefed on the decision told The New York Times. Carl C. Icahn, the activist investor, played a role in Xerox’s decision.

January 29, 2016 at 4:05 am

Here's Why Korean Cosmetics Are A Global Hit With Over US$1.44 Billion Exports

The boom of Korean cosmetics reached a worldwide scale with approximately US$1.44 exports.

January 28, 2016 at 10:24 pm

Drug Maker MannKind Corp. To Look For Buyer Due To Disappointing Sales

Recently, the company failed to acquire Sanofi that could market and distribute MannKind Corp.’s flagship product.

January 28, 2016 at 1:34 pm

Software Company VMware Inc. Sees Weak Performance in 2016, Confirms Laying Off 800 Employees

However, the company revealed that it has new business ventures that would generate $600 million annually.

January 28, 2016 at 5:03 am

AIG To Return $25 Billion To Shareholders And Sell Its Advisory Group, Create A Leaner, More Profitable And Focused Insurer

American International Group, Inc. (AIG) has announced in a press release that they will be returning at $25 billion to their shareholders and selling the AIG Advisory Group. The move is part of a series of strategic actions, organizational changes, and operating improvements to create a leaner, more profitable, and focused insurer.

January 27, 2016 at 11:26 am

Prices Of Oil Increase More Than 4 Percent, Brent Crude Sells Up To $32 Per Barrel

With this new development, investors hope it could minimize the oversupply of oil and continue to stabilize the prices in the market.

January 27, 2016 at 11:11 am

Price Hikes Trigger Core Sales Growth Of Procter & Gamble Co.

The company's core sales, which exclude acquisition, divestitures and impact of currency, has grown by two percent in the second quarter.

January 27, 2016 at 10:58 am

Busan Or Daegu? Two Korean Cities Compete For New Airport Investment Project

The city of Busan will hold a seminar to prove that it is more feasible to construct the airport in its place, while Daegu will wait for the central government's decision on where the airport will be constructed.

January 27, 2016 at 6:34 am

Ben & Jerry's Co-founder Ben Cohen Creates 40 Pints Of New Ice Cream Flavor, Calls It “Bernie’s Yearning”

The new ice cream flavor is not associated with the company. It was created to show support for the Democratic candidate, Bernie Sanders.

January 27, 2016 at 4:00 am

JPMorgan Agrees To Pay $1.42 Billion To Lehman Brothers, Settle Allegation That It Withheld Critical Funds That Led To Lehman's Collapse

JPMorgan Chase has agreed to pay $1.42 billion to Lehman Brothers Holdings Inc., according to a report from the Orange County Register. The payment is to settle allegations that JPMorgan withheld critical funds from Lehman Brothers in the final days leading to its collapse during the financial crisis.

January 27, 2016 at 2:37 am

The Highly-advanced Liquid Rocket Engine Made for Korea is Worth $11.77 Million

Hanwha Techwin Co., signs a 14.1 billion won to create a liquid fuel rocket engine for Korea Space Launch Vehicle II.