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Honda to recall additional 21m cars to replace airbags

Honda to recall additional 21m cars to replace airbagsJapanese automaker, Honda has said that it will recall an additional 21 million vehicles form the market in order to replace the faulty air bags mad

Credit Suisse records its second quarterly loss

Credit Suisse records its second quarterly loss

Global financial giant, Credit Suisse Group has recorded its second consecutive quarterly loss amid difficult financial situation.

Greeters to return to Wal-Mart gates

Greeters to return to Wal-Mart gates

Leading retail giant, Wal-Mart has said that it will bring back door greeters to a majority of its 5,000 stores in the coming months in order to improve customer service at its stores.

The company has also said that it will position a customer host at stores that are at a higher risk of theft. The role of the customer host will not only be to greet customers but also check receipts to prevent theft. The company stores faced a problem with theft in the previous year. The customer hosts will be trained to help prevent thefts at stores.

Tribune Publishing’s Chairman Michael Ferro says ‘We’re not for sale’

Tribune Publishing’s Chairman Michael Ferro says ‘We’re not for sale’

Last month Gannett, the publisher of USA Today made a takeover offer for Tribune Publishing offering it $12.25 a share. The deal included $390 million in debt and was an all-cash deal that Tribune rejected.

Chairman of the Gannett Board of Directors, John Jeffry Louis, said that the rejection by Tribune confirms their board "never intended to engage with us."

Amazon Struck a Deal with Atlas Air Worldwide to Lease Twenty Cargo Planes

Amazon Struck a Deal with Atlas Air Worldwide to Lease Twenty Cargo Planes

For years, Amazon has been building its transport strategy without much noise. A report in 2013 to the senior management proposed a huge global expansion of Fulfillment By Amazon service. It provides storage, packing and shipping facilities for independent merchants who sell products on Amazon's website.

Shares of Synacor Climb on Wednesday with New AT&T Deal

Shares of Synacor Climb on Wednesday with New AT&T Deal

With portal service contracts from AT&T, shares of Buffalo, N. Y. based Synacor climbed more than 119 percent on Wednesday during the afterhours trading.

The companies said the revenues expected from the contract will be approximately $100 million a year following the full product operation in 2017. The early products will get be launched in the second quarter of 2016 and further products will come by the last quarter of 2016.

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