Conflict against Russia could lead to $9 billion loss for Turkey
Due to the conflicts with Russia, Turkey's economy is at risk of losing $9 billion. Turkey's economy is at risk of losing $9 billion as Russia imposes sanctions involving food imports and energy supplies.
Dec 09, 2015 10:41 PM EST
Aging population a drag on US labor force growth
With the number of ageing Americans increasing, the employment growth rate will be under pressure in the 2014-2024 decade, according to the US Labor Department. The US economy may generate 9.8 million jobs during the decade, but the work-age population growth is slowing down.
Air France suffers €50-million loss after terror attacks on Paris
Air traffic was drastically hit by the terrorist attacks on Paris in November. Air France-KLM is believed to have suffered €50-million revenue loss for the month. However, the French-Dutch group is optimistic about recovery by the end of December 2015.
T-Rex uses computer-aided design to create toys
Young Japanese toy design studio T-Rex brings uses computer-aided design (CAD) to design and create their products.
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Kyocera, Century Tokyo completes Japanese 10MW solar power plant
Multinational electronics company Kyocera Corp. and Century Tokyo Leasing Corp. recently finished a 9.9-megawatt photovoltaic (PV) solar power plant in the Hyogo Prefecture, Japan.
Dec 09, 2015 10:19 PM EST
Cadbury is tax-free even with a whooping £96.5M profit
Mondelez, the American owner of Cadbury, is facing controversy for allegedly avoiding its UK corporate taxes despite earning £96.5 million.
Dec 09, 2015 10:08 PM EST
The new DNA editing tool can modify human cells but is prohibited to be used in establishing pregnancy
Scientists from across the world gathered for the International Summit in Human Gene Editing in Washington, DC this week. The meeting discussed the new gene editing tool called CRISPR-CAS9 and its use in human gene editing.
Dec 09, 2015 9:25 PM EST
Civil suits vs Volkswagen will be heard in California
Hundreds of civil lawsuits against Volkswagen will be heard by a federal judge in California. The decision was made by a judicial panel despite a push from the automaker and the federal government to send the cases to different states.
Dec 09, 2015 9:23 PM EST
Teenagers Exploit the After School App Resulting to Harmful Results
The After School app allows teenagers in high school to posts anonymously about anything. This has caused an immense amount of cyberbullying and in some cases, threats to the students themselves.
Dec 09, 2015 8:32 PM EST
Big Tobacco vs UK Gov in Plain Packaging Hearing
A six day hearing will start Thursday between four major tobacco companies and the UK government over the legality of the plain packaging law to be put in effect next year.
Dec 09, 2015 8:19 PM EST
XSTAT-30 Gets FDA Clearance to Heal the Gunshot Injury Within Seconds
The XSTAT 30 is a special device created to offer instant treatment to the citizens during severe bleeding, shock, and trauma. The FDA has approved its use for civilians which were earlier used for the military purposes.
Dec 09, 2015 7:52 AM EST
HondaJet is Waiting for FAA Approval for Production This Week
After years in the making, HondaJet is now awaiting final process of full certification to enter the market. This will be the first of Honda Jet aircraft series.
Dec 09, 2015 7:45 AM EST
Target Launches the Future of Retail with the First Ever Cartless Shopping
An introduction of the first ever cartless shopping by Target in their Wonderland store situated in downtown Manhattan. This is an all new set up to help the customers with a trouble free shopping.
Dec 09, 2015 4:32 AM EST
Yahoo co-founder joins Didi Kuaidi
Didi Kuadi, largest car hailing app in China, has appointed Yahoo co-founder Jerry Yang as a senior advisor and board observer to the ride-hailing app firm as it battles Uber technologies for market share in China. In a statement, the company said Yang’s experience will help it build its mobile platform, which is already used by 250 million people in China. Both companies have stepped up their plans to expand in China recently, signaling tougher competition in the years ahead.
Dec 09, 2015 4:04 AM EST
Australia's Huge $1.1 billion Innovation Fund to Help Startups and STEM
Australia’s Prime Minister Malcolm Turnbull, who has positioned himself as a leader in the innovation, has announced a huge investment of $1.1 billion innovation fund to help startups and STEM.
Dec 09, 2015 3:59 AM EST
Chronicle Survey: Salaries of Private College Presidents Continue to Rise
A chronicle survey conducted in 32 private-college presidents revealed that the maximum pay reached the level of $1 million in 2013. In 2013 the private college presidents' median total payment reached as high as $436,429. First two positions were assigned to Lee Bollinger, of Columbia University, and Amy Gutmann, of the University of Pennsylvania.
Dec 09, 2015 3:06 AM EST
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