Verizon Loses Its Wireless Subscribers, Profits Plunge

The profits Verizon Communications Inc. plunged 20% in Q1 as it lost its wireless customers. In premarket trading on Thursday, the company’s shares sunk over 2%, while the stocks have dropped by over 8% from the starting of this year. This New York-based carrier was once the superlative leader of the wireless industry in the …

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Caterpillar Inc. Closes Chicago Plant and a Layoff of 800 Is Eminent Amid Company Crisis

The heavy machinery manufacturer, Caterpillar Inc. said on 31st March 2017 that they are shutting down their Aurora, Illinois plant. This move will be costing jobs for about eight hundred employees. The world’s largest equipment maker for construction and mining is going to shift their production to the other facilities in the US. Caterpillar Inc. …

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Biggest Operational Change in McDonald’s Ever as the Team Now Prepares Fresh Beef Patties

  On Thursday, McDonald’s Corp. announced that by the middle of the year 2018, it will commence the making of the Quarter Pounders, which will be used to order using the fresh beef. This announcement is said to be the most significant change in the operation ever witnessed in the company before. This change has …

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