The EU competition commission is going to frame charges following complaints from four Google rivals for prioritizing own apps in Androids. Google has denied the allegations since consumers are allowed to choose apps for their own devices. If Google is found guilty, it may have to count monetary penalty while reviewing its existing business policy.
Teamsters labor union, which represent 16,000 workers of Costco Wholesale Corp., recommended its members to approve new contract. Costco provide its employees with a 401(k) pension plan in the new contract agreement.
Argentina has re-entered the international credit markets through selling sovereign bonds. Though the country has initially set goal for raising $15 billion, but the country has already received orders for $65 billion. Details of the bond selling will be revealed on Tuesday.
After a failed bid in 2012, Bats Global Markets Inc. has witnessed success in its second phase IPO posting, a 21% increase in share price compared to IPO value. The success seems to be an encouraging effort for the other enterprises planning to go public.
