29 June, 2015 by The TZ Newswire Staff Comments Off on Riding high: Auto sales set for big second half
Riding high: Auto sales set for big second half
After much better than expected sales in the first half of 2015, US automakers are poised to enjoy a very strong second half of the year.
29 June, 2015 by The TZ Newswire Staff Comments Off on Grexit, Grexident and Greferendum
Grexit, Grexident and Greferendum
The Greek debt crisis has thrown up plenty of portmanteaux, as linguistics professors call these tortuous combinations of words.
29 June, 2015 by The TZ Newswire Staff Comments Off on Silicon Valley eyes New York talent
Silicon Valley eyes New York talent
When Google poached Morgan Stanley veteran Ruth Porat to be its chief financial officer earlier this year, the Mountain View, Calif.-based search giant won plaudits for hiring its first top female…
To view the full story, click the title link.
29 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: MSCI says China faces complex process to join index
The Wall Street Journal: MSCI says China faces complex process to join index
An executive at index provider MSCI Inc.
29 June, 2015 by The TZ Newswire Staff Comments Off on China stocks lift Asian markets, but Greek crisis weighs
China stocks lift Asian markets, but Greek crisis weighs
Asian shares rose on Tuesday after Chinese stocks broke a punishing three-day losing streak, but gains were capped by fears they could go into freefall again and as investors nervously awaited further developments in the deepening euro zone crisis. With a Greek debt default feared within hours and wild volatility in China, European stocks markets were expected to extend Monday’s losses and few players were willing to buy the euro common currency.
29 June, 2015 by The TZ Newswire Staff Comments Off on Microsoft hands display ads to AOL, maps to Uber
Microsoft hands display ads to AOL, maps to Uber
Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft will focus on its growing search advertising business based on its Bing search engine, and displaying maps on its Windows devices rather than generating the maps themselves.
29 June, 2015 by The TZ Newswire Staff Comments Off on Delaware judge dismisses shareholder lawsuit over GM recall
Delaware judge dismisses shareholder lawsuit over GM recall
The judge’s ruling on Monday said that the shareholders have not shown any proof that the company’s directors acted in bad faith and dismissed the case. The shareholders alleged that the directors breached their duties by failing to oversee the operations of the company. There are three other shareholder derivative actions, one in Wayne County, Michigan and two in Federal District Court for the Eastern District of Michigan that have been put on hold pending the outcome in Delaware.