Stuttgart prosecutors issues a 535 mn euros fine on Porsche over diesel cheating

On Tuesday, May 7th, Stuttgart prosecutors revealed that German sports car maker and Volkswagen subsidiary Porsche is eligible to pay a fine of a 535-million-euro (USD 598 million) in regards to compensate... Read more »

Johnson & Johnson reaches an agreement to pay $1 billion to resolve hip implant lawsuits 

Earlier in the week, citing people close to the matter, it was revealed that Johnson & Johnson has agreed to pay a sum of nearly $1billion in an attempt to resolve most... Read more »

Six South Florida business leaders to be awarded Sun Sentinel’s annual Excalibur award

Earlier in the day, on Tuesday, May 7th, The South Florida Sun-Sentinel revealed that it will be honoring as many as six business leaders with its annual Excalibur Award. According to The... Read more »

Mobility services company DMI acquires Silicon Valley company Pragiti

Earlier in the week, Mobility services company DMI announced the acquisition of Pragiti, a systems, applications, and products commerce cloud services provider. This acquisition reportedly expands DMI’s business into next-gen digital commerce capabilities. According... Read more »

NCR officially completes the acquisition of Houston-based Texas P.O.S

Earlier In the week, as per a press release, NCR, a payments technology company based out of Atlanta officially acquired Texas P.O.S, a provider of point-of-sale (POS) solutions for restaurants and merchants based... Read more »

LPL Financial announces it is open for adviser acquisitions

On Tuesday, 07 May 2019 LPL Financial announced that it is open to financing its affiliate advisers if they wish to grow and expand. Since the start of 2019, LPL Financial has raised... Read more »

SEC votes in favour of overhauling disclosures on business acquisitions

Earlier in the week, The Securities and Exchange Commission voted in favor of proposing a set of amendments to its rules governing the type of information provided to investors regarding the disposition... Read more »

Foxconn’s Terry Gou reveals his aim of being a peacemaker between US, China and Taiwan 

On Monday, May 7th, The chairman of Apple supplier Foxconn informed U.S. President Donald Trump of his wish to act as a peacemaker between China, the United States, and self-ruled Taiwan, which... Read more »

Qlik announces the appointment of Geoff Thomas to lead its APAC business

Earlier in the week, on Monday, May 6th, Qlik, Data analytics, and business intelligence platform made an announcement stating the appointment of Geoff Thomas as the Senior Vice President to head its... Read more »

FinComm reveals it will meet the RBI Governor and several bank officials during its Mumbai visit 

Earlier in the week, the RBI released an official statement which revealed that The 15th Finance Commission will meet RBI Governor Shaktikanta Das and representatives of banks and financial institutions during its... Read more »