Industry News

MannKind Corporation, a developer of devices for treatment of diabetes. Before his death, Mann staged offerings for the company on both Nasdaq and the Tel Aviv Stock Exchange."/>
Alfred Mann's legacy stimulates Israeli innovation [Globes, Tel Aviv, Israel]
Akamai Technologies Inc. with its "State of the Internet" reports. Enterprises, on the other hand, know Akamai for more than just that--as a content delivery network services company that helps them access a speedier and smarter Internet, and one that is reliable and secure. Much of what Akamai does is accomplished with the help of sophisticated algorithms, Tom Leighton, its chief executive officer, said in an interview in Mumbai."/>
Whatever we do is around mobile now: Akamai CEO Tom Leighton [Mint, New Delhi]
Target Corp. said it will end its business relationship with Welspun India Ltd, stating it had received bedsheets where Egyptian cotton was substituted with a cheaper variant. When stock market trading resumed on Monday, it was clear Welspun India wasn't worth the Rs.10, 370 crore valuation it enjoyed until the prior week. But how much was it now worth?"/>
How long does it take to discover Welspun India's new worth? [Mint, New Delhi]
Accenture analysis of data from CB Insights. Total investment in Asia-Pacific's financial technology sector reached $9.62 billion as of July 31, more than twice the $4.26 billion invested in the region in all of 2015.. "China's established companies, rather than nascent start-ups, are at the forefront of the..."/>
Asia-Pacific beats North America in fintech investment: report [Mint, New Delhi]
Welspun India Ltd's largest customers said late on Wednesday evening it will independently review its supply chain following Target Corp.' s decision to snap ties with the Indian textile maker. Bed Bath& Beyond is the fourth retailer following Target, Wal-Mart Stores Inc and J.C. Penney Co. now reviewing its supply chain to verify Welspun's product claims."/>
Welspun India product claims: Now, Bed Bath & Beyond starts review [Mint, New Delhi]
Tata Communications Ltd said on Thursday that it had filed a complaint against Sharepro Services Pvt. Ltd with the Economic Offences Wing, citing certain irregularities in the records of its securities maintained by the share transfer agent. In April, the Securities and Exchange Board of India had filed a complaint with the EoW for registering a first information report against Sharepro Services and 15 others--less than two weeks after the regulator had barred..."/>
Tata Communications files complaint against Sharepro with EoW [Mint, New Delhi]
Esports company sets up shop in Orlando [Orlando Sentinel]
Starbucks has asked a Chicago court to dismiss a lawsuit that accuses it of misrepresenting the sizes of its cold drinks, a week after a similar case was tossed in California. The federal lawsuit in Chicago was first filed in May, but a new plaintiff was named last week. Thursday was the deadline to file a dismissal motion."/>
Starbucks asks court to dismiss iced drink lawsuit in Chicago [Chicago Tribune]
ITT Educational Services Inc., the parent company of the ITT Tech for-profit college chain, from enrolling new students using federal financial aid. The company also will face increased financial oversight."/>
BRIEF: New ITT Tech students no longer eligible for federal financial aid [South Bend Tribune, Ind.]
Six Flags Entertainment Corporation announced today that its board of directors declared its third-quarter cash dividend of $0.58 per share of common stock. The revised record date is September 6, 2016 and the dividend will be payable September 12, 2016.. About Six Flags Entertainment Corporation."/>
Six Flags Announces Quarterly Cash Dividend (Revised)
Auto loan delinquencies jumped in July [Detroit Free Press]

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