Ahold & Delhaize Merger Talks May End Positive
The merge could bring together Giant, Stop & Shop, Food Lion and Hannaford. Merging talks have just started between Royal Ahold and Delhaize Group and if they are successful a new company will be the fifth biggest supermarket chain in the US going neck and neck with Wal-Mart. Stop & Shop and Food Lion owners both said these are just preliminary More...
Verizon Acquires AOL In $4.4 Billion Deal
Verizon purchases AOL. Verizon Communications announced on Tuesday morning that it has agreed to acquire AOL in a deal valued at $4.4 billion, giving the largest wireless carrier in the United States digital content More...
Volvo Announces US Factory In South Carolina
Volvo is focusing on its XC90 in the second half of this year. After months of negotiations and speculation Volvo Car Group finally announced they will be opening their first North American factory in South Carolina More...
Vehicle Sales Growth Drops In China
Due to market conditions outside of China’s control manufacturers are seeing slower than anticipated sales growth. The Chinese Association Of Vehicle Manufacturers said on Monday that sales had dropped 0.5 More...
Alibaba Buys 9% Stake In Zulily
Zulily welcomes Alibaba as a new major shareholder. Alibaba has purchased a 9% stake in the U.S. online retailer Zulily Inc., a move that has sparked questions of the Chinese e-commerce giant’s intentions over More...
Toyota & Mazda Planning To Share Low Emission Technology
The companies are believed to be in advanced talks to share fuel-cell technology. Toyota and Mazda are in talks regarding a partnership to focus on environmentally friendly fuel-cell vehicle technology due to regulators More...