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Monthly Archives: June 2017

Meredith Strategic Initiatives Bode well: Should you Hold?

Meredith Corporation ‘s MDP strategic initiatives particularly in digital space, brand licensing activities, great group of television stations and solid earnings surprise history are the pillars that emphasize its position. Notably, these factors have driven the company’s shares up by 9.3% in the past one month, outperforming the Zacks categorized …

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IAI investing in European cybersecurity companies

June 29 (UPI) — Israel Aerospace Industries’ Cyber Division is investing in companies in Holland and Hungary to expand its research and development activities in the field. These investments join IAI’s cyber-operations in Israel, Switzerland and Singapore, where it operates R&D and innovation centers, the company said when making the …

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Former bosses on trial over Fukushima disaster

Three former executives at Tokyo Electric Power Company (TEPCO) have gone on trial facing charges relating to the 2011 Fukushima disaster. Former chairman Tsunehisa Katsumata, 77, and former vice presidents Sakae Muto, 66, and Ichiro Takekuro, 71, have pleaded not guilty to charges of professional negligence resulting in death and …

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After canceling Sense8, Netflix is giving the show a two-hour finale

Excellent news for Sense8 fans: The show will get one final episode. Created by the Wachowskis (the siblings behind The Matrix) and J. Michael Straczynski (who previously created Babylon 5), Sense8 premiered in 2015 with its story of eight psychically linked individuals living in San Francisco, Berlin, Mumbai and other …

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Abercrombie's (ANF) New Concept Store Goes to Hong Kong

Abercrombie & Fitch Co ANF continues to focus on improving its business. One of the company’s core initiatives is to expand international operations to revive growth. The company’s aim on international expansion came to limelight with the announcement of launching a new store concept in Hong Kong by the end …

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Former bank executives lose appeals

Two former bank executives have lost appeals against their convictions for a €7.2bn conspiracy to defraud in September 2008. Former Anglo Irish Bank executive John Bowe and former chief executive of Irish Life and Permanent Denis Casey were found guilty last year of agreeing a scheme to mislead the public …

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Self-driving delivery van

A British online grocery store is aiming to launch the nation’s first driverless delivery service. Ocado, which launched 17 years ago and makes deliveries from a string of warehouses across the country, has just started testing its first self-driving “CargoPod” truck built by U.K. tech firm Oxbotica. The 10-day trial …

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China condemns US sanctions over 'North Korea funding'

Image copyright Reuters Image caption The US says China can do the most to impose economic pain on Kim Jong-un’s regime China has reacted angrily to a US decision to impose sanctions on a Chinese bank accused of laundering North Korean money. A foreign ministry spokesman urged the US to …

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