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Top News: Business

Study finds gender-diverse teams have less fun, do better work

A new study suggests that men and women don't necessarily enjoy working with members of the opposite gender, but that teams with an even split of the two tend to be more productive.

Ports gridlock forces McDonald's to 'hold the fries' in Japan

McDonald's restaurants in Japan have suffered another blow to a business already trying to make a comeback after being hit with a vendor scandal earlier this year. Now, it's a slow-down at West Coast ports cutting the flow of goods, like french fries.

Software glitch leads to thousands of 1 penny sales on Amazon

A software glitch led to thousands of items being listed at a price of 1 penny on Amazon's United Kingdom site for a few hours, during which a digital stampede has left several businesses facing bankruptcy.

Spanish newspapers suddenly regret forcing Google out of Spain

The Spanish Newspapers Publishers' Association (AEDE) has called on the Spain government and European competition authorities to stop Google shutting its operation down there, the Spain Report says.

Merck buys Cubist Pharmaceuticals

Major pharmaceutical company Merck has splashed out $8 billion on a smaller company called Cubist Pharmaceuticals. This is related to the search for new antibiotics.

California egg law will affect all of us after Jan. 1

Farmers nationwide wanting to sell eggs in California will have to be in compliance with the state's new egg law as of January 1, 2015. Otherwise known as Proposition 2, the law requires chicken cages to be roomier.

Tim Hortons shareholders vote for deal, bought up by Burger King

As expected they would, the shareholders of Tim Hortons voted in favour of the deal to become a part of Burger King Worldwide Inc. today. That makes the $12 billion deal official and complete, creating a new company, "Restaurant Brands International."

Rising costs threaten to kill B.C. $7 billion dam project

Increasing costs in the construction of a hydropower station on the Peace River in British Columbia are threatening the project, even as the province champions the export of liquefied natural gas, a priority, according to Premier Christy Clark.

Storm cuts power to shoppers at San Francisco's Union Square Special

San Francisco - It looks as if California got its wish for rain as a storm hit the San Francisco Bay Area on Wednesday night. Rain and wind continued all day Thursday and is expected to let up by the weekend.

Op-Ed: Ignore the doubters and make your innovation happen

As a young man Walt Disney was fired by a newspaper editor because "he lacked imagination and had no good ideas." It was not a promising start for a man who turned out to be one of America's most innovative leader, whose birthday was celebrated on Dec. 5.

Prices tumble for both stocks and oil

Stock markets in the United States, Canada, China, and Greece among other countries fell today after a sharp drop in oil prices yesterday and a further drop today.

Now San Francisco and Los Angeles are suing Uber

San Francisco and Los Angeles district attorneys filed a consumer protection suit against Uber on Tuesday, the LA Times reports.

Varanasi textile industry to get support from fashion designers

Varanasi - The famous textiles and weaves of the ancient city of Varanasi may be set to get a fillip as the government of India ropes in popular fashion designers to work with the weavers and design more trendy designs.

SnapChat-like app for business goes after bigger companies

TigerText, the business messaging app that lets you delete messages after a set period of time, is rolling out a bunch of features to make it more popular in businesses.

Big 'Mc-slump' in global sales reported by McDonald's

McDonald's Corp. may be the world's largest restaurant chain, but it has not made them immune to declining sales in the U.S. and abroad. Global sales continue to fall for the sixth straight month, taking a toll on its profits this quarter.

McDonald's to expedite Build Your Own Burger concept

Restaurant chain McDonald's has announced plans to fast track build-your-own burger concepts in the wake of another quarter of down sales for the fast food giant.

GlaxoSmithKline continues restructuring, cuts 900 jobs

GlaxoSmithKline (GSK) is eliminating 900 U.S. jobs. Most of these losses are in R&D. Furthermore, some employees may be relocated to other facilities.

Tim Hortons or Tim King? U.S. Burger King taking over chain

Tim Hortons Inc. has all but officially been taken over by, or 'tied-up with,' the American company Burger King Worldwide Inc. It is an $11 billion deal and it makes the Canadian icon part of the Burger King family, based in Miami-Dade, Florida.

Op-Ed: Furniture industry adapting to challenging business environment

For years, the U.S. furniture industry has faced major challenges such as a sluggish economy, global competition, rising labor costs, technological trends, and new sales channels.
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