Norwegian Offers $199 One-Way Routes From Seattle to London 4-Days A Week

Norwegian Air has announced a new route that is sure to shake things up across the Atlantic: new service from Seattle to London Heathrow for $199 one-way. The airline offers four flights…

Barclay and Former Executives Charged Over Qatar Fundraising/Investment Scandal

London’s Serious Fraud Office has accused Barclays—as well as the company’s former chief executive and at least three additional former senior managers—of several criminal charges in regards to the bank making agreements…

Two Top Pharmakon Compliance Faced Criminal Conspiracy Charges

Both the owner and the director of compliance at Pharmakon Pharmaceuticals Inc have been charged with several criminal counts in relation to the sale of compounded painkillers, according to a statement from…

ClubCorp Sold Golf and Sport Club Assets to Apollo Global Management

ClubCorp is one of the largest operators of golf and country clubs in the United States. The company agreed to sell assets to the private equity firm Apollo Global Management in the…

Amazon Opened Massive New Fulfillment Center in Orlando Florida

Amazon announced plans to build a massive fulfillment center in the Orlando, FL area. The 850,000 sq-ft facility provided roughly 1,500 new full-time positions in 2018. Also, according to the company, the…

Ikea Being Investigated for Dodging Taxes of More than $1.1 Billion

According to a Green party report in the European Parliament, Ikea has been accused of tax dodging for as much as 1 billion euros or $1.1 billion in its taxes from 2009…

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Bombardier Slashed 7,000 Jobs During the Past 24 Months

Bombardier Inc the aircraft and train maker based in Canada announced that they slashed its staff by more than 7,000 during the past two years. At the same time, they were ramping up its hiring to support the production of…

Late Winter Give Macy’s Sales Boost

A late chill from winter helped to rekindle sales at Macy’s during its last quarter. The company announced that there had been a surge in demand for boots and jackets last month, when a large part of the U.S. finally…

Facebook Will Ditch UK Tax Reducing Structure

Facebook announced that it would stop booking it sales to clients in the UK through Ireland, which is a practice that lowered its taxes. This action follows the introduction by the British government of a new tax on profits that…

Comcast Buys Sports Information Service One TwoSee

Comcast Corp announced that it had purchased One TwoSee a real time sports info service based in Philadelphia that Jason Angelides and Chris Reynolds two techies launched five years ago from a 20th and Brandywine rowhouse. One TwoSee has applied…

Alaska Air Acquired Virgin America for Over $2 Billion

Alaska Air Group had announced it was acquiring Virgin America for over $2 billion, combining their presence on the West Coast and reigniting the debate over the consolidation of the airline industry. Alaska Airlines was paying cash of $57 per…

Facebook To Purchase Oculus VR In Bet On Virtual Reality

Facebook Inc. (FB) has taken a dive into the virtual reality space, announcing a $2 billion deal to acquire Oculus VR Inc., a virtual reality headset maker founded in 2012 Betting big on the prospects of virtual reality technology, Facebook…

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