Jia Yueting's Faraday Future to Build $1 Billion Electric Car Factory in Nevada
Faraday Futures, Tesla strongest competitor will establish its $1 billion plant in Las Vegas. Backed by Chinese media mogul Jia Yueting, the company will reveal its car in CES electronic trade show in January.
Dec 14, 2015 7:06 AM EST
Alibaba Ventures into the Print Media Business Buying The South China Morning Post For Around $262 million
Alibaba buys The South China Morning Post for approximately US$262 million. It is being said that that the business skill of Jack Ma, the founder of the internet giant Alibaba can surely help SCMP grow.
Australia To Fund Wind Power Again; Turnbull Lifts Abbot's Ban
Australian Prime Minister Malcolm Turnbull has lifted former PM Tony Abbott's ban on government investment on wind power.
Chemical titans DuPont and Dow Chemical agree $130bn merger
Chemical titans DuPont and Dow Chemical Co agreed to merge in a deal that would value the two companies at $130 billion, leading to more savings and more consolidations.
Latest News
BNP Report: Alibaba Can Expand Operations with $38B in 2016
A report from BNP Paribas estimates that Alibaba will have $38 billion to expand their operations next year.
Dec 14, 2015 5:09 AM EST
Wealthy Chinese men are getting rid of their yuan despite IMF's endorsement
Despite the International Monetary Fund endorsement, Rich Chinese men are selling their yuan or Renminbi for other currencies, because they know that the country's economy continues to slow down.
Dec 14, 2015 4:59 AM EST
Women of Color Facing the Worst: Will the Challenges of Retirement Haunt Till Death?
The Women of Color are facing retirement challenges. The measures are being taken to educate them about the financial issues. But the policymakers and researchers must be more active in finding a permanent solution.
Dec 14, 2015 4:52 AM EST
Drone to manned aircraft near-collisions encounter reaches 241 cases
There is an increase of drone to manned aircraft near-collision encounters with 241 new cases according to new study released Friday.
Dec 14, 2015 4:48 AM EST
A Rare Find: 1970 Ford Mustang Boss 429 found in junkyard
Keith Clark found a very rare real 1970 Ford Mustang Boss 429 back in a junkyard back in 1975 and bought it for just two grand.
Dec 14, 2015 4:23 AM EST
Blackberry Backs to Tracks: Forefronts Secured Androids
Blackberry possesses 1% chunk of global smartphone market, but still manages to generate $192 million revenue or 41% of global sales from selling 8,00,000 units in Q2 of FY 2016. Blackberry eyes hefty profits by Q4 of FY16 through its unique security features and those include seeking information on developer’s certificate from the apps to be run in the device, which has recognized Blackberry as the forefront in ensuring secured phones that over rides price competitiveness.
Dec 14, 2015 4:14 AM EST
Debt fund blocks investors from withdrawing assets, emphasizing junk-bond plunge
Avenue Focused Credit Fund is blocking its investors from withdrawing their money, which emphasizes the junk-bond decline.
Dec 14, 2015 4:05 AM EST
Talks about U.S. confiscated property in Cuba begins
Faced with sorting out nearly six decades of financial claims and counterclaims against one another that run into the hundreds of billions of dollars, diplomats from the United States and Cuba resorted on Tuesday over one of the most contentious issues remaining between the two countries. The two sides are sitting down for the first time to discuss the American properties Cuba confiscated decades ago.
Dec 14, 2015 4:00 AM EST
Paris Talks: All is well for India in deal, except coal line
India’s coal plans came under repeated attack from developed nations and western media during the two-week climate change conference in Paris. India mostly agrees with the Paris agreement to make a transition to renewable energy. But the inclusion of one line in the article dealing with the deal’s purpose might prove to be a big irritant in its plans to build coal-fired power plants
Dec 14, 2015 3:54 AM EST
Public comments flood in as FDA seeks the meaning of “natural” in food labels
The FDA has received thousands on public comments about the use of "natural" labels on foods. The agency asks the public to comment on food labelling until February 10 next year.
Dec 14, 2015 3:28 AM EST
Embarrassing Qatar Airways Debut Flight in the U.S.
Qatar Airways first flight from U.S. ended in an embarrassing failure. Its new Airbus A350 failed to take off in New York's JFK Airport on Thursday.
Dec 14, 2015 3:19 AM EST
DraftKings and FanDuel got temporary reprieve after operations got suspended in New York
A Supreme Court Appellate Division judge gave daily fantasy sports giants DraftKings and FanDuel temporary reprieve to continue its operations in New York until January 4.
Dec 14, 2015 3:11 AM EST
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
