Business

BAE Systems 'is cutting over 1000 United Kingdom jobs'

BAE Systems 'is cutting over 1000 United Kingdom jobs'

BAE employs 34,600 people in the United Kingdom - almost half of its global workforce. The company is expected to make the announcement on Tuesday, with "well over 1,000" jobs expected to be cut. In September BAE Systems had a success with a statement of intent for an order for 24 Typhoon aircraft from Qatar which helped raise hopes on protecting jobs.



Amazon.com, Inc. (NASDAQ:AMZN) Jumps On To Pharmaceuticals' Turf

The company has market cap of $479.09 billion. It has underperformed by 13.70% the S&P500. Northstar Group Inc decreased its stake in Amazon Com Inc ( AMZN ) by 33.62% based on its latest 2017Q2 regulatory filing with the SEC. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported. (NASDAQ:AMZN) was sold by BEZOS JEFFREY P on Tuesday, May 2. Arrowstreet Capital Partnership has 822,827 shares for 2.41% of their portfolio.


Walmart App Promises Quicker, Easier In-Store Returns

Walmart App Promises Quicker, Easier In-Store Returns

For Walmart's online buyers, they only need to follow two steps. When at the store, the customers then can scan a barcode with any compatible mobile electronic device and hand the returned items over at a dedicated lane of the customer service area, in what an executive at Walmart said would take only 30 seconds, or far less than what it now takes.


Walgreens Boots Alliance, Inc. (WBA) Hits New 52-Week Low

Walgreens Boots Alliance, Inc. (WBA) Hits New 52-Week Low

Montag & Caldwell LLC owned approximately 0.09% of Walgreens Boots Alliance worth $76,235,000 at the end of the most recent reporting period. The company's institutional ownership is monitored at 62 percent. This means that the stock's daily price swings have been more extreme in recent times compared to the past. The total value of its holdings decreased 10.8%.


McDonald's planning Szechuan sauce rerun with a better ending

McDonald's planning Szechuan sauce rerun with a better ending

McDonald's also promises to have the sauce available at more restaurants next time around. However, a nostalgia-filled trip back to 1998 may have been a misfire for the fast food conglomerate, and fans are hitting back at those golden arches after the sauce disastrously returned to stores for one day only .


Alphabeth Inc given approval to restore wireless service in Puerto Rico

Alphabeth Inc given approval to restore wireless service in Puerto Rico

The Federal Communications Commission has issued an " emergency license " for the Project Loon balloons to be deployed in Puerto Rico. In late September, Tesla said it was sending hundreds of batteries that can store power generated by solar panels to Puerto Rico to provide emergency help in the wake of Hurricane Maria.