The announcement comes after GM just spent $500 million on Lyft. General Motors announced it is preparing to launch its own ride-sharing service. In order to jumpstart the new venture, the company has purchased technology by former ride-sharing company Sidecar.
Amnesty International says children work long hours in mines. Apple and Samsung are just two of the major companies that were identified as obtaining minerals for device batteries from mines that employ young children in Africa.
AT&T has not decided if it wants to deal the assets Spanish telecommunications company Telefonica SA has expressed interest in purchasing AT&T's pay TV assets in Latin America.
This weekend Apple released the company's latest diversity report, showing progress in its U.S. workforce -- but only by tiny margins. Meanwhile, the company's board of directors has rejected one Latino shareholder's proposal to accelerate change in the upper ranks of Apple, Inc.
Scotiabank recently announced their expansion in the Latin America region, primarily in Mexico. Scotiabank is looking to expand in the Latin America region, particularly Mexico.
When Jennette McCurdy was unable to find a buyer for her Studio City home for $1.4M last year, she recently re-listed it in the market for a lower price of $1.2M.
Mexican-state-controlled company Petróleos Mexicanos (Pemex) recently announced a positive feedback from their business, claiming that they have gained profit, EFE reports. This also comes amid the global oil crisis and even during the widespread global oil drilling protests, per ABC.
Last year was a difficult year globally, but 2016 will not be much better for Latin America. Due to enormous political tension, power struggles, soaring inflation and falling currencies and commodities, the region became the worst-performing emerging market in 2015. Unfortunately, the World Bank has projected earlier this month that the region wouldn’t grow at all this year.
German sportswear multinational corporation, Adidas AG, has recently announced the appointment of Kasper Rorsted as the company’s newest chief executive officer. Rorsted, who’s currently spearheading Dial soap manufacturer Henkel AG & Co., will leave his position in the company in April after eight years of service. He will succeed 61-year-old Herbert Hainer, the company’s longest-serving chief, and will assume his new role on Oct. 1, 2016.
Wal-Mart is shutting down hundreds of stores beginning the end of January. Wal-Mart is reportedly shutting down hundreds of its stores this year. FastFT reported that Wal-Mart will close 269 stores, with more than half located in the United States.
VICIS introduces a new football helmet that will compete with current supplier Riddells. Concussion has been a hot issue on the NFL, and it's one of the most common illnesses of retired NFL players.
People were made to believe that the food chain was selling burritos for only $1. Many Chipotle Mexican Grill customers were subjects of a hoax in mid-January 2016.
Regularly scheduled flights between the United States and Cuba may now only be a few months away, the vice president of regulatory affairs for the world's largest airline predicted this week.
Democratic presidential candidate Bernie Sanders disclosed his “Medicare-for-all” plan, which the Vermont senator says will save the country $6 trillion over the next 10 years.
On Sunday, a meeting by the Federal National Council (FNC) with the Latin America and the Caribbean Group (Grulac) about trade issues ended with a bilateral agreement on their position against terrorism.
United Airlines president and CEO, Oscar Munoz was released from the hospital after a successful heart transplant surgery last Jan. 6. The airline released a statement from Munoz on Friday saying that the CEO is heading back to his Chicago home and will be back in the office very soon.
Oxfam, an anti-poverty charity organization based in Oxford, England, has recently reported a significant increase regarding the wealth gap, inequality and the widening trust gap between people and their political leaders around the world. The data also showed that the world’s 62 richest people held half of the fortune in the world, a striking evidence that the poor are falling further behind the elites and the political fissures in the United States, Europe and the Middle East.