Finance News

Alphabet Inc. (NASDAQ:GOOGL) Google Is Planning To Sell Of Its Satellite Business To Planet Labs

Alphabet Inc. (NASDAQ:GOOGL) Google Is Planning To Sell Of Its Satellite Business To Planet Labs

Although it is not commonly known that Alphabet Inc. (NASDAQ:GOOGL) Google has its own form of satellite business, the company recently made a public statement, which was to disclose that they would be selling their satellite business, Terra Bella. The buyer of said entity will be a start-up, which goes […]

Venezuela Will No Longer Accept Payment for Oil in U.S. Dollars

Venezuela Will No Longer Accept Payment for Oil in U.S. Dollars

In Venezuela this week the government announced that it would no longer be accepting payments in U.S. dollars for the oil it sells. This is a huge shift from typical practices in the oil market. The government is believed to have decided that PDVSA, its national oil company will now […]

California Sued by Drug Companies Over Transparency Law

California Sued by Drug Companies Over Transparency Law

The pharmaceutical industry filed a lawsuit challenging the constitutionality of a new law that California Governor Jerry Brown signed and who many consider to be the most comprehensive legislation related to transparency in prices of prescription drugs in the country. The Pharmaceutical and Manufacturers of America, calling the two-month old […]

Bill Ackman Making Comeback With ADP in His Sights

Bill Ackman Making Comeback With ADP in His Sights

Bill Ackman the embattled activist investor has started his comeback, but it does not appear he picked a target that will be easy. Automatic Data Processing, the outsourcer that handles payroll checks for more than 26 million workers in the U.S., is resisting pressure from Pershing Square Capital Management, Ackman’s […]

Peace Helps Revive Colombian Coffee

Peace Helps Revive Colombian Coffee

Farmers who left the Colombian Andes during the civil war in the South American country are now returning to revive their abandoned farms, cultivating coffee that is boosting the supply globally of the high quality beans. The five-decade war in Colombia, the longest in all the Americas, displaced millions of […]

Pfizer Misses on Revenue After Fall in Demand for Prevnar

Pfizer Misses on Revenue After Fall in Demand for Prevnar

Pfizer Inc. posted quarterly revenue that missed estimates on Wall Street Tuesday, hurt from the drop in demand for Prevnar its blockbuster vaccine for pneumonia, along with other older drugs. Prevnar sales were down by 8.2% ending the quarter at $1.15 billion due in large part on the timing of […]

Alphabet Inc. (NASDAQ:GOOGL) Upgrades Google Home With Free Voice Capabilities

Alphabet Inc. (NASDAQ:GOOGL) Upgrades Google Home With Free Voice Capabilities

Owners of Alphabet Inc. (NASDAQ:GOOGL)’s brilliant smart speaker in the U.S and Canada will soon be able to make free voice calls, thanks to a new software update. The free-hands calling feature on Google Home is among a number of new features the tech giant is introducing as it continues […]

Alphabet Inc (NASDAQ:GOOG) Silences Messages It Dislikes, Former Reporter Asserts

Alphabet Inc (NASDAQ:GOOG) Silences Messages It Dislikes, Former Reporter Asserts

Earlier, a scholar called Barry Lynn had offered his support to an EU antitrust to fine against the search provider. In retaliation, the company resolved to eliminate the scholar from the New America think tank it funds. At the moment, a former Forbes writer has launched claims asserting that Google […]

Kazakhstan Assets Totaling $22 Billion Frozen by BNY Mellon

Kazakhstan Assets Totaling $22 Billion Frozen by BNY Mellon

The Bank of New York Mellon froze $22 billion in assets that the Kazakhstan National Fund holds due to a lawsuit that was launched by Anatolie Stati a Moldovan businessman and his businesses against the government of Kazakhstan, said a source familiar with this case. The National Bank in turn […]

Lyft Begins Service in Canada Its First International Venture

Lyft Begins Service in Canada Its First International Venture

U.S. based Lyft Inc. the ride-hailing company launched on Tuesday its service north of the border in Toronto, marking its first venture outside the U.S. in its battle against Uber Technologies. Lyft prides itself on being a friendlier version of its biggest competitor Uber, which currently is facing several investigations […]