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Judge approves second chance for American Apparel
American Apparel has been approved a $90 million restructuring plan supervised by Standard General hedge fund, according to Reuters. It's the same hedge fund that rescued RadioShack earlier this year. American Apparel, known as the country's largest "Made in the U.S.A" brand...

Uber adds 18 new cities to its network
Ride sharing service Uber keeps making important announcements lately. After introducing the new meal delivery service, the company also announced that they're planning to expand into 18 new cities in China by the end of February 2016. They are currently trying to cover as m...

Spotify Conquers Another Frontier by Teaming Up with PlayStation
By now, nearly everyone has heard of Spotify, the music streaming service that allows you to listen to music from just about any artist for free. Similar to 8tracks, Spotify streams music to users and gives free users a limited number of skips to ensure that all artists get...

Yahoo to work with McKinsey for reorganization programme
Over the past years, Yahoo has been dealing with multiple issues and currently, they're looking forward to start a reorganization plan. According to USA Today, the company has hired global management consultant firm McKinsey and Company, in order to help them decide which se...

What Are the Costs of Having a Bad Credit Score?
If you fall behind on loan repayments and miss deadlines, your credit score can be damaged. But what does this actually mean? Read on to find out what the costs of having a bad credit score are.   Difficulty Getting a Phone Contract Some of the problems you’ll face as a...

Alibaba breaks another record on Singles’ Day
Chinese online retailer Alibaba is on the loose, managing to break one of its own records, after on Singles' Day the managed to sell the same amount of stuff as last year, through its online channels, but in just half the time, according to a report from Bloomberg. Back in 2...

Airbus will open a new production plant in the US
If until now they were relying on their production line from Europe, the Airbus Group will open their first jetliner production facility from the United States this week. This move is a step forward in their attempt of seeing a bigger market share and lower production costs,...

Top 3 Best Business to Invest in – Spend your money wisely
There are a lot of business opportunities about which we hear every day. Entrepreneurs know that that the only way of getting rich is to to go for it and never stand still, so they monetize new opportunities. No matter if they require a minor or a bigger investment, there ar...

Donald Trump takes a hit at Jeff Bezos, Amazon CEO
Republican candidate Donald Trump has already made a name for himself after bashing, through not-so-friendly tweets, various personalities, from some of the biggest CEOs in the United States, to reporters of fellow Republican or Democractic candidates. His last 'victim' is J...

Netflix finds growth secret overseas
Media consumers all over the world are were craving to sign up for Netflix online video and original content, fact revealed by the company's latest numbers. According to CNET, in the last quarter of 2015, the service was made available in countries like Japan, Spain, Portuga...

Top 5 Wealthiest Sport Investors – Everything can be a business
In the past decade, an astronomical amount of money has been invested in sport. Some teams are very lucky to have owners that don't consider money a problem when it comes to performance. We were curious who those people are, so we've put out a list with 5 of the wealthiest s...