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AIG’s Turnaround is Still an Ongoing Process

US Company News - Sat, 02/14/2015 - 10:23

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American International Group Inc.(AIG) is making advancement in recovering its business in spite of a notable drop in its profit for the fourth quarter of 2014. However, the there is still a long way to go for the insurer has before its long turnaround for the year is complete, says analysts.

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Telsa’s Energy Storage Device May Be Unveiled in a Couple of Months Time

US Company News - Thu, 02/12/2015 - 12:15

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Tesla Motors Inc., the car maker is well known for its Model S sedan that has gone all-electric. It is now using its technology of lithium-ion battery energy storage device to find the leading spot in the rapidly up-and-coming energy storage market which already supplements and in future may eventually pose a threat to the conventional electric grid.

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Netflix launches in Cuba

Company News - Tue, 02/10/2015 - 09:11

Alibaba to Invest US$590 Million to Props Up It’s Mobile OS

US Company News - Mon, 02/09/2015 - 11:34

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Alibaba Group will be investing US$590 million in a venture with Meizu which is a smartphone maker from China. The smartphone company has been helping Alibaba to promote its very own mobile OS which is in completion with Google's Android.

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