Huawei, LeEco may start local mobile phone production units

While Huawei is in talks with contract manufacturer Foxconn, LeEco has plans to start its own facility as India is all set to become the largest smartphone in the world Chinese smartphone companies Huawei and LeEco have said that they are in talks to start local manufacturing of smartphones in the country.  While Huawei is in talks with contract manufacturer More...

by Neha Sharma | Published 3 years ago
By eliana watson On Friday, July 15th, 2011
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Goldman Sachs Took Biggest Loan During Fed’s Emergency Program

WASHINGTON – Goldman Sachs, Lehman Brothers, and European banks RBS and UBS were the biggest beneficiaries of very short-term Federal Reserve loans extended at the height of the financial crisis, according More...

By eliana watson On Wednesday, July 6th, 2011
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Bank Of America’s $8.5 Billion Mortgage Settlement Challenged By Bondholders

NEW YORK (Jonathan Stempel) – A group of bondholders plans to challenge Bank of America Corp’s $8.5 billion settlement with holders in soured mortgage-backed securities, saying it may be unfair to other More...

By eliana watson On Wednesday, July 6th, 2011
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Yankee Stadium ‘Service Fee’ Scheme Now Disclosed To Beer Drinkers

Back in May, a group of beer and food servers at Yankee Stadium sued the concession company they worked for, accusing Legends Hospitality of pocketing their hard-earned tips. Legends — which is co-owned by More...

By eliana watson On Wednesday, July 6th, 2011
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WTO Rules China Unfairly Protected Domestic Manufacturers By Limiting Exports

GENEVA — The World Trade Organization ruled Tuesday that China was unfairly protecting its domestic manufacturers by limiting the export of nine raw materials that are used widely in steel, aluminum and chemical More...

By eliana watson On Wednesday, July 6th, 2011
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Bill Clinton: Lower The Corporate Tax Rate For Debt-Ceiling Deal

As the deadline to strike a deal on the debt ceiling draws closer, former president Bill Clinton criticized the nation’s corporate tax rate over the weekend, saying it should be lowered as part of an agreement More...

By eliana watson On Wednesday, July 6th, 2011
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We Knew They Got Raises. But This?

IT turns out that the good times are even better than we thought for American chief executives. A preliminary examination of executive pay in 2010, based on data available as of April 1, found that the paychecks More...

By eliana watson On Wednesday, July 6th, 2011
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Detroit Auto Companies Struggle With Union Profit-Sharing Idea

DETROIT (Bernie Woodall) – Over the past two years, Ford Motor Co has roared back from the brink of failure, won accolades for its gains in quality, posted its highest profits in a decade and rewarded patient More...

By eliana watson On Wednesday, July 6th, 2011
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European Union Sending $14.5 Million In Food Aid To North Korea

Kim Jong II with European Union folks BRUSSELS — The European Union said Monday it will restart food aid to North Korea after the country’s repressive communist regime agreed to an unprecedented monitoring More...

By Staff Reporter On Monday, January 11th, 2010
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Schiphol increases capacity

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