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Category: Enterprise


Enterprise, Industries

Wisconsin Assembly Paves the Way for $3 Billion Incentives for Foxconn

August 18, 2017

Via: Fortune

Wisconsin’s Republican-controlled state Assembly voted 59-30 on Thursday to approve a bill that paves the way for a $3 billion incentives package for a proposed liquid-crystal display plant by Taiwan’s Foxconn (FXCNY, -5.28%) . The plan still needs to be approved by […]


Enterprise, Industries

Boeing Expects India to Order up to 2,100 Aircraft Over 20 Years

July 31, 2017

Via: Fortune

Boeing (BA, +0.11%) said on Monday it expects Indian airlines to order up to 2,100 new aircraft worth $290 billion over the next 20 years, calling it the highest forecast ever for Asia’s third-largest economy. India is one of the world’s fastest-growing […]


Enterprise, Industries

SpaceX now valued at $21 billion

July 28, 2017

Via: CNN

SpaceX is grabbing headlines and trying to turn the aerospace industry on its head. It’s also one of the world’s most valuable privately held companies. The space exploration outfit, headed by Tesla CEO Elon Musk, recently raised another $350 million […]


Enterprise, Industries

Samsung is smashing it with record profits, despite a corruption scandal

July 27, 2017

Via: Business Insider

Samsung has shrugged off scandal to announce a record profit. The South Korean electronics giant was propelled to record profit in the second quarter of 2017, and this boom is likely to continue into the third — just as revenue is […]


Enterprise, Industries

Toshiba Shares Surge After Greenlight Stake, U.S. Court Hearing

July 18, 2017

Via: The New York Times

Toshiba Corp shares jumped on Tuesday after a U.S. hedge fund said it had added a stake and after Western Digital Corp did not gain an immediate injunction to block the $18 billion sale of the Japanese conglomerate’s chip unit. […]


Enterprise, Industries

Oscar Health to Join Humana in a Small Business Venture

July 12, 2017

Via: The New York Times

For the last five years, Oscar Health has sought to portray itself as a new kind of health insurer, taking an approach that set it apart from its more traditional competitors. Now, Oscar plans to work with one of those […]


Enterprise, Industries

Tesla to start Model 3 electric car production this month, CEO Elon Musk says

July 3, 2017

Via: USA TODAY

Tesla will begin production of its first mass-market electric vehicle this month, CEO Elon Musk said, meeting an ambitious goal that was widely questioned in the auto industry. The Silicon Valley tech company will make its first production model of […]


Enterprise, Industries

Philips to Buy U.S. Medical Device Maker Spectranetics for $2.2 Billion

June 28, 2017

Via: Fortune

Dutch healthcare company Philips has agreed to buy U.S.-based Spectranetics, a maker of devices to treat heart disease, for 1.9 billion euros ($2.16 billion) including debt, as it expands its image-guided therapy business. Spectranetics (SPNC, +24.35%) uses techniques including lasers […]


Enterprise, Industries

Nestle Leads $77M Funding Round In Meal-Delivery Startup Freshly

June 20, 2017

Via: Fortune

Meal-delivery startup Freshly has raised $77 million in new funds, financing that was led by Swiss-based food giant Nestle. On Tuesday, Freshly announced a new Series C funding round that also was supported by existing investors including Highland Capital Partners, […]


Enterprise, Industries

Apple shares briefly plunge 7% in two days on downgrade, valuation concerns

June 13, 2017

Via: CNBC

Apple shares fell more than 2 percent Monday, falling for a second-straight day due to mounting concerns about unsustainably high stock prices. The iPhone maker’s stock has lost nearly 6.2 percent of its value in just two days. The decline […]