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Tuesday, June 27, 2017

Daniel Loeb’s Third Point buys $3.5B in Nestle stocks

Daniel Loeb said his Third Point investment company paid $3.5 billion for a 1.3 percent stake in Nestle and demands changes to boost profits.

Air bag maker Takata declares bankruptcy

Japanese automobile parts manufacturer Takata Corp. filed for bankruptcy protection in the United States and Japan,the company announced Monday.

Oil prices move higher on global economic expectations

Crude oil prices showed signs of recovery in early Monday trading after an international banker said there were clear signs of global economic growth.

Every Sega game will be available for free on mobile phones

From Sonic the Hedgehog to Madden '94, every Sega game ever created will be available to play for free on your cell phone.

Google to stop scanning Gmail for targeted advertising

Google announced it will no longer scan the content of Gmail messages in order to tailer advertising to customers.