Tyson Foods Investment in Beyond Meat

 

On Thursday Tyson Foods, the largest meat processor in the United States, announced it had raised its stake in plant-based protein maker Beyond Meat. Beyond Meat is owed by Kellogg, the world’s largest cereal maker.

Based in Los Angeles,…

Read more

Japan Airlines Invests Millions in Supersonic Plane Startup

 

Not to long ago billionaire Richard Branson and Denver startup Boom unveiled the prototype for a supersonic passenger plane; hoping to one day build an airliner which would cruise at 1450 mph whilst accommodating 45-55 passengers.

Japan …

Read more

Arby’s Acquisition of Buffalo Wild Wings

 

On Tuesday, Arby’s Restaurant Group announced a deal to buy Buffalo Wild Wings (Bdubs) for more than $2.4 billion in cash. Arby’s was founded in 1964, and is the second-largest sandwich restaurant brand in the world.

The deal has Arby’s …

Read more

Business News

On Wednesday, Google announced Beijing as the location for its first artificial intelligence (AI) research center in Asia, no doubt looking to expand further into the country, capitalizing on China’s highly regarded AI expertise. In a statement, Google said the research center will be the first ...

Alex Took No comment
On Monday Apple confirmed it was buying Shazam; the music recognition service that quickly become a user favorite app at the start of the smartphone era. TechCrunch was the first to report the potential acquisition last week, and while specific terms of the deal have yet to be disclosed, ...

Alex Took No comment
On Thursday Tyson Foods, the largest meat processor in the United States, announced it had raised its stake in plant-based protein maker Beyond Meat. Beyond Meat is owed by Kellogg, the world’s largest cereal maker. Based in Los Angeles, California, Beyond Meat is a privately held company whose ...

Alex Took No comment
Not to long ago billionaire Richard Branson and Denver startup Boom unveiled the prototype for a supersonic passenger plane; hoping to one day build an airliner which would cruise at 1450 mph whilst accommodating 45-55 passengers. Japan Airlines (JAL) has recently invested $10 million in Boom ...

Alex Took No comment
In one of the year’s largest agreements, CVS Health announced Sunday that it has agreed to buy Aetna, one of the biggest health insurers in the United States, for around $69 billion. Goldman Sachs, Barclays, and Bank of America Merrill Lynch are providing $49 billion of financing to CVS to ...

Alex Took No comment
On Tuesday, Arby’s Restaurant Group announced a deal to buy Buffalo Wild Wings (Bdubs) for more than $2.4 billion in cash. Arby’s was founded in 1964, and is the second-largest sandwich restaurant brand in the world. The deal has Arby’s paying $157 each for the 15.51 million shares; a 7 ...

Alex Took No comment
In an effort to develop and rollout technology that could help limit emissions of carbon dioxide from the aviation industry, Airbus, Siemens and Rolls-Royce have teamed up to develop the E-Fan X project; a hybrid passenger plane. The E-Fan X project aims to replace one of the four gas turbine ...

Alex Took No comment
On Sunday, Iowa-based media company Meredith announced its intent to buy Time magazine for $18.50 a share; in an all cash transaction valued at $2.8 billion. The addition of Time Inc will give Meredith an expanded national scale; helping it to continue to appeal to advertisers on the digital ...

Alex Took No comment
According to an estimate by Bloomberg, Amazon founder and CEO Jeff Bezos’ net worth surpassed $100 billion on Friday. Bezos surpassed Gates to become the world’s richest person last month, with Buffett estimated to be the third-richest at $78.9 billion. According to a November 14th filing, ...

Alex Took No comment
As American society has continued to increasingly become tech oriented, more and more people are doing their holiday shopping online. Traditionally the day after Thanksgiving has been thought of as the start of the holiday shopping season, but with the rise of smartphones that day has now ...

Alex Took No comment
Want to know latest inside moves in business? Subscribe to stay updated.
  • No Records Found!
S&P 500 Pares Monthly Climb as Oil Slips, Dollar Maintains Gains

© 2015 Bloomberg News Jeremy Herron and Oliver Renick (Bloomberg) — U.S. stocks ... Read More


Rich-Poor Gap in Sweden at Center of Refugee Policy Backlash

© 2015 Bloomberg News Johan Carlstrom and Amanda Billner (Bloomberg) — Sweden’s plan to ... Read More


Hyundai Motor Scion Buys $259 Million Stake From Uncle’s Firm

©2015 Bloomberg News Rose Kim (Bloomberg) — Hyundai Motor Co. Vice Chairman Chung Eui ... Read More


May 15, 2015 – According to FDIC and National Credit Union Administration reports, over the ... Read More