Archive for November, 2015

Dr. Reddy Stock Drops by 14% Following Warning by FDA

Dr. Reddy the drug maker based in India received new warnings from regulators in the U.S. on its processes used in manufacturing at two factories in the southern part of India, said company officials on Friday. The announcement sent its shares of stock lower. Dr. Reddy’s stock was down 14% at the end of trading […]

Germany Pressures Volkswagen as Scandal Enters Another Dimension

On Wednesday, officials in Germany stepped up their pressure on automaker Volkswagen to clean its act up after it said it understated the consumption of fuel of some of its vehicles, which opened another front in the crisis at the biggest carmaker in Europe. The company announced late Tuesday that it understated the amount of […]

Amazon Debuts Online Deals Store for Black Friday

Expanding on its success of the sales holiday known as Prime Day earlier this year, Amazon has announced that it is now going to launch a store that is dedicated only to deals for Black Friday, where members of Amazon Prime can have early access to some of the company’s best discounts. The Deals Store […]