In a 76-page report released on Friday, the unusual California startup Hyperloop Transportation Technologies (HTT) said that Elon Musk's Hyperloop futuristic transportation system can be built safely and affordably, and can be effectively used for connecting cities across the US.
Today, Bob Evans Farms Inc. announced that it's CEO and a director of the Company, Steve Davis, has stepped down from his position by a mutual agreement with the Board of Directors of Bob Evans.
Though the official changes will come into effect immediately yet Mr. Davis will stay with the company till the end of this year to help with the transition phase.
The rising number of data breach that hit many of the retailers last year compromised valuable information of customs and landed many of them in trouble.
Aspiring home buyers in the U. S may have a reason to cheer. From Saturday a federal directive will become effective which will make it an easier job for some of the American home buys to arrange for down payments when they want to purchase a house.
One day has passed since a computer failure caused disruption in flights at the Heathrow airport. However things are coming back to normal in the busy UK airport as flights get back to regular schedule barring a small number of flights.
On Friday, out of four enterprise software companies which debuted in the stock market, two made a big score. New Relic and Hortonworks were the largest winners among the companies that work with cloud and Big Data.
Reportedly, eBay may trim down thousands of jobs next year in the initial months as it starts the preparation to spin off its PayPal mobile unit. It is expected that 3,000 positions will be cut down. That will be about ten percent of the total work force of eBay. The job cut is expected to mainly impact the employees who are engaged in the online auctioneer's central marketplace division.
- Finally a $7 Billion Settlement for Citigroup
- Discussions In Progress for Merger of Tobacco Businesses: Reynolds to Acquire Lorillard
- Amazon Seeks Permission to Fly Drones for Delivery of Packages from FAA
- Wells Fargo Reports a Profit
- Abbott hits JV deal with Fonterra to operate diary farms in China