Facebook Live, the live video product of the company is being expanded. The company said in a statement that the feature would get a prominent place on the app as the company would also roll out features that would make it easier to search and comment in real time for the users of the feature....

More than 1,300 workers at the Sterling Heights, Michigan plant that makes the slow-selling midsize Chrysler 200 sedan is being laid off for an indefinite period by Fiat Chrysler Automobiles. The company also announced that it would end one of the two shifts at the unit.   As FCA has...

Following possibility of derailment of the deal after the US Treasury announced new rules for preventing “inversion” of US companies, the proposed  $160 billion merger deal between U.S. drugmaker Pfizer Inc and Ireland-based Allergan Plc was formally announced to be scrapped on Wednesday....

The federal court in New Orleans issued a final decision on the long-going litigation around the spill at BP’s oil platform in the Gulf of Mexico in 2010. With all the affected parties and the amounts owed to them, BP’s compensation payments could reach $ 20 billion by the total size. The decision...

The South Korean company LG Display will supply information displays for the recently announced electric car Model 3 from Tesla Motors, according to Reuters. Other electric cars of the company, namely, Tesla Model S and Model X, get their displays from another company, said the agency’s informant....

McCormick raises 5p per share for taking over Premier Foods. McCormick is the “spice giant” of the United States, which was planning on taking over the Premier Foods at “60p” per share. However, keeping the value of “Mr Kipling to Oxo Cubes group at £1.5bn”, the former has raised the rate at “65p...

With the pending $160 billion merger of Pfizer Inc and Allergan Plc seen as a potential casualty, the U.S. Treasury Department took new steps on Monday to curb tax-avoiding corporate "inversions".   In what is termed as the largest inversion deal ever, there has been sharp political...

With the aim of becoming the top carrier on the U.S. West Coast and compete more effectively with larger airlines, Alaska Air Group Inc said that it would buy Virgin America Inc for $2.6 billion in cash.   A premium of about 86 percent from Virgin America's stock price before reports in...

In an attempt to generate quick money, Boeing decides to cut down on its job numbers. By the month of June 2016, the company of Boeing, an aeroplane maker, will be getting rid of “more than 4,500 jobs” in an attempt of cutting down costs keeping the “slowing demand for its jets” in mind, confirmed...