Research by Mint Bangalore Reveals 56000 Job Losses in 7 Companies

Research by Mint Bangalore Reveals 56000 Job Losses in 7 Companies

It is also looking at setting up four new innovation centres there. The organization also said that both skilling and workforce realignment were essential in order to remain competitive in global markets. "As a result of Trump's new policies, many IT companies are in the process of hiring USA citizens and asking Indian H-1B Visa holders to return back to India", India Today reported .

Oil Inventories Fall More than Expected; Prices Rise

Brent futures LCOc1 soared by 19 cents to reach $48.92 a barrel, while the US West Texas Intermediate (WTI) crude CLc1 gained 23 cents and traded at $46.11 per barrel, reported Reuters. Brent and USA light crude futures contracts closed on Tuesday at their second lowest levels since November 29, the day before OPEC announced it would cut output in the first half of 2017.

Flynn kept security clearance post warning of Russia blackmail risk

He also said that Yates' assertions about Flynn weren't clear the first time she came to the White House. Spicer said that Trump defended Flynn after the White House learned that he lied because he is "somebody who served our country honorably in uniform for over 30 years".

Coach Inc. To Acquire Kate Spade & Co. In $2.4 Bln Deal

But Coach executives say the Kate Spade brand is still healthy. Last month, Kate Spade stock was hit hard, plummeting close to 15 percent after news emerged that the deal had fallen through. "This isn't about bringing Kate Spade into Coach stores", he said on a webcast this morning. French companies LVMH and Kering combined own a murderer's row of luxury fashion brands, but an American company has never matched that fire power.

What Do Analysts Say About SunPower Corporation (SPWR)

The firm is expected to announce its next quarterly earnings results on Tuesday, August 8th. Zacks' EPS calculations are a mean average based on a survey of research firms that cover SunPower. Shares of Hanesbrands Inc. The company has grown 6.46% in past 3 months and in the last five trades has moved up 11.08%. The average volume of a stock suggests the liquidity of a particular company.