Self-driving cars have attracted manufacturers other than Google; Toyota and Audi have both announced that they will reveal their concept cars at the upcoming Consumer Electronics Show in Las Vegas. Though neither car maker has revealed any details, IDG News Service has uncovered this quick preview of Toyota’s new technology. Continue Reading
Eagle Bulk Shipping Inc., a Marshall Islands corporation, is one of the leading owners of Handymax dry bulk vessels in the United States. Focusing mainly on ocean transportation of both minor and major bulk cargoes, the company ships iron ore, coal, grain, cement, fertilizer and many other commodities on global shipping routes. Founded by Sophocles… Continue Reading
Despite what some observers see as a slow-down in the Asian investments sector, there are several hedge funds that have proven these observers to be too pessimistic. Take for example the recently launched Oasis Investments Limited fund, which had an extraordinary beginning. During the first 14 months of investing with its internal funds the global… Continue Reading
Walt Disney Co. is purchasing Lucasfilm Ltd. for a little over $4 billion. Chief Executive Officer Robert Iger’s $15 billion bet on creative franchises has been strengthened thanks to the ‘Star Wars’ and ‘Indiana Jones’ films. George Lucas is the sole owner of both series. According to a statement from Disney, Mr. Lucas will receive… Continue Reading
This month, United Realty Partners, formed in January 2012 by Eli Verschleiser and Jacob Frydman, appointed a new member to the board of directors. Leonard Toboroff, a member of the New York Bar and a practicing attorney since 1961, is currently the director of ENJEX Corp. He is also a director of NOVT Corporation, where… Continue Reading
General Motors has been expanding its staff throughout the U.S. Its project continues with their latest announcement, revealing plans to hire up to 1,500 workers for a computer technology center in Michigan, north of Detroit. According to Boston.com, “it is part of a move to bring 90% of information technology in-house, which GM believes will… Continue Reading
Yes, the economy is in the doldrums and all that, but it doesn’t mean some great companies with good business sense can’t succeed, even in a downturn environment. Down in the Sunshine State in Fort Myers, two entrepreneurs have been controlling the pests in Lee County, Florida, on their own for the past five years,… Continue Reading
A recent announcement by Facebook has alleviated some of the company’s after-hours trading pressure; CEO Mark Zuckerburg will be withholding all stock sales in the company for at least a year. Boston.com explains that “investors have been concerned with the expiration of lockup periods that allow insiders to sell stock in Facebook. If a lot… Continue Reading
Thinking of starting a business, but you are only in college? Never mind that. The best time to start a company is always now. Worried about the risks? The risks are overwhelmed by the reasons to begin today. 1. Why Start a Business Now? Because You Can! Just look around. Google, BustedTees, Facebook are all… Continue Reading
The H.J. Heinz Company recently held its annual shareholder meeting. William R. Johnson, the company chairman, president and CEO, announced that the business plans to report “strong first-quarter results.” According to BusinessWeek, these include: Organic sales growth (volume plus price) of almost 5%, marking the Company’s 29th consecutive quarter of organic top-line growth; Net income… Continue Reading