Per Se is one of the most elite restaurants in Manhattan. On Thursday, the restaurant reached a settlement with the Attorney General's Office in New York on charges that it held back the rightful tips from some of its employees for about a couple of years.
Biogen will Pay Applied Genetic Technologies Corp $124 Million to Develop Gene-Based Eye-Disease TherapiesSubmitted by Tejinder Mangat on Fri, 07/03/2015 - 12:43
With a new deal with Applied Genetic Technologies Corp., Biogen Inc. plans to enter the treatment field of eye-diseases. Biogen Inc. will be paying $124 million to Applied Genetic Technologies Corp. for license and rights of commercialization for many of its gene-based therapies.
Intel, the largest semiconductor maker of the world is going to witness a major reorganization of the company's management.
Renée James, the president of Intel will be leaving the company next year. On Tuesday, she said to the Intel employees through a memo that she moving "in order to pursue an external C.E.O. role."
As reported by KrebsonSecurity, the Trump Hotel Collection which is a company owned by Donald Trump, could be the latest victim of credit card breach.
Glass Lewis & Co Investor Advisor says Samsung C&T Shareholders should Reject Takeover Bid from Cheil Industries Inc.Submitted by Isha Sondhi on Thu, 07/02/2015 - 12:18
Glass Lewis & Co, the proxy advisory firm said that Shareholders of Samsung C&T Corp should not accept the takeover offer of $8 billion from Cheil Industries Inc. The deal may prove exceeding advantageous for Cheil Industries Inc which is the de facto holding company of Samsung conglomerate.
PayPal Acquiring Xoom, a Digital Money Transfer Provider to Increase Presence in the International Remittance MarketSubmitted by Sukhbir Dhillon on Thu, 07/02/2015 - 12:16
PayPal Inc is not only planning its spinoff from eBay but also looking into ventures for expanding its presence. It said that it will acquire Xoom Corp, the company providing digital money transfer services, for $890 million. PayPal is making an effort to create its presence in the growing international remittance market.
Jesper Koll is joining WisdomTree Investments Inc. as its Chief Executive Officer in Japan. He was leading the equity research division at JPMorgan Chase & Co. earlier.
- Scientists discover Oldest Stone Tool in Turkey
- Rods and Cones of 300-Million-Year-Old Fossilized Fish still well Preserved
- Xiaomi to Invests 1.27 billion Yuan in Midea, a Home Appliance Manufacturing Company
- Following the Great Recession the Wealth Inequality Gap between Whites, Blacks and the Hispanics Widen
- Former Atlantic City Showboat Casino Bought by Richard Stockton College