• PayPal and eBay now separated

    PayPal and eBay now separated

    Online retailer eBay’s subsidiary PayPal has now split off into a separate company. The move was announced in September 2014 but has just come into effect in what industry experts say is a play to take on competition from payment services from Apple and Android. The companies, which are now two of the most famous
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  • Brazil’s Odebrecht plans $8.1 billion landmark investment in Mexico

    Brazil’s Odebrecht plans $8.1 billion landmark investment in Mexico

    A unique life allowed Clarival do Prado Valladares (1918-1983) to leave an important legacy for Brazil’s artistic and architectural heritage. Even though he was educated and worked as a physician, this native of Bahia became notorious for the projects he developed as an art researcher and critic. Clarival do Prado Valladares’ merit came from his capacity to
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  • JC Penney gets sued over share sale & stock plunge

    JC Penney gets sued over share sale & stock plunge

    Chain store executive, pioneer in profit sharing, and philanthropist, J (ames) C (ash) Penney (1875-1971) built a corporate empire following business precepts based on the Golden Rule. The seventh of 12 children, only six of whom grew to maturity, J. C. Penney was born on September 16, 1875, on his father’s farm near Hamilton, Missouri.
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