services

Xerox to Merge with Fuji Xerox in Joint Venture

Xerox to Merge with Fuji Xerox in Joint Venture

On Wednesday, FUJIFILM Holdings Corporation and Xerox Corporation (NYSE: XRX) announced that Xerox will merge with Fuji Xerox in joint venture.Fuji Xerox joint venture was a joint venture partnership between the two companies. Established in 1962, t..

Facebook Launches “Order Food” Feature

Facebook Launches “Order Food” Feature

On Friday, Facebook, Inc. (NASDAQ: FB) announced a new feature that would allow users to order food from local restaurants right through the app. The company has been partnering with a couple of businesses such as Delivery.com, EatStreet, Slice, Doo..

CEO exit cramps SoFi plans for Banking Operations

CEO exit cramps SoFi plans for Banking Operations

Social Finance Inc was all set to make waves in the financial services segment and then its CEO Mike Cagney stepped down from his post. It was expected that the company would soon become a significant lender right until the time when Cagney decided ..

Wells Fargo Found Additional 1.4 Million Potentially Unauthorized Accounts

Wells Fargo Found Additional 1.4 Million Potentially Unauthorized Accounts

On Thursday, Wells Fargo & Co (NYSE: WFC), the third-largest U.S. bank, said that they found 1.4 million more unauthorized accounts than the bank originally estimated. Shares of the company was down 0.34% to $51.17 per share after the markets op..

How is the U.S. Stock Market in a Scenario of Low Inflation Rates?

How is the U.S. Stock Market in a Scenario of Low Inflation Rates?

Inflation is a monetary phenomenon characterized by too much money in the economy with too few goods and services. If you are asked what the current rate of inflation is in the United States, you will probably be wondering. You may think of a vague ..

UnitedHealth Group Updates Leadership Roles

UnitedHealth Group Updates Leadership Roles

UnitedHealth Group Inc (NYSE: UNH) David S. Wichmann, president of UnitedHealth Group, will succeed Stephen J. Hemsley as chief executive officer and become a director of the company, effective Sept. 1, 2017.UnitedHealth Group Incorporated is a heal..

SoundCloud Has Cash to Last Until Fourth Quarter

SoundCloud Has Cash to Last Until Fourth Quarter

The world’s biggest music streaming service, SoundCloud, has announced on Thursday that they have enough cash to last until fourth quarter even after laying off 40 percent of their staff. With competitors such as Apple (NASDAQ: AAPL), Spotify,..