Brazil is financially ruined, under recession
Brazil is now suffering from another recession caused by many factors including the sudden drop of its gross national product and the contribution of the much controversial Petrobras scandal.
Aug 31, 2015 1:43 AM EDT
Mobile TeleSystems tied up with Google for a voice command mobile internet service in Russia
MTS, the leading network provider in Russia had teamed up with Google Inc. to incorporate Google Now voice command app on Android devices available on MTS stores. MTS would share revenues with Google on promotions and advertising.
The reason Saudi Arabia won't hold off oil production
Oil industry has been suffering too much from the price crash and worse is some have gone bankrupt. Still Saudi Arabia won't lessen it's oil production eventhough they are already affected but more affected are its rivals. In the end, Saudi Arabia will have more to gain.
Business groups disappointed over new Federal labor ruling that gives contract workers more bargaining power
The National Labor Relations Board had issued a new standard in labor force unionizing minimum wage workers under the service sector. This means companies and subcontractors handling them will be responsible over wages and working conditions. Businesses opposed the new ruling asserting it will increase labor cost in America.
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Oil price rebound relieved oil markets
Having a good jump from its almost six-and-a-half years low, oil market has every reasons to breath a sigh of relief. Oil price in the world market rebounded to $50.
Aug 31, 2015 1:22 AM EDT
Ashley Madison founder and CEO steps down
Ashley Madison founder Noel Biderman stepped down as Avid Life Media CEO. Temporarily, its board members will manage the company.
Aug 31, 2015 1:20 AM EDT
Walgreens to house Providence clinics inside stores
The sale of medicine is no longer that profitable prompting pharmacies to look for other resources and one way that Walgreens had come up with is to partner with Providence that will provide clinic services within the store.
Aug 31, 2015 12:41 AM EDT
Schlumberger announces merger offer with oilfield maker Cameron
Cameron International had agreed to merge with Schlumberger under some conditions that still needs approval of its shareholders. The consolidaton of the industry is likely toenlarge by the first quarter of 2016.
Aug 31, 2015 12:32 AM EDT
Move over Siri, here comes Facebook's personal concierge M
It's a virtual digital assistant like no other. Facebook's M teams up AI and man, providing not just links to the Internet but also actual customer service. The digital helper launched a few days ago in the California Bay area and will make a global rollout soon.
Aug 31, 2015 12:23 AM EDT
Consumer Group calls for more transparency in product labels, more than what barcodes provide
Barcodes may soon be gone in store products as shoppers and owners look for more information on the products. Experts suggest that there should be new global standards when it comes to products and labels information.
Aug 31, 2015 12:20 AM EDT
Tech companies are next targets for overtime pay cases - Oakland Labor Lawyer
Lawyer Bryan Schwartz recently won a settlement from the Bank of America worth $36 million for failing to pay employees the proper overtime rates. Schwartz said overtime cases will hit tech industries next.
Aug 31, 2015 12:12 AM EDT
China's shrinking demand for copper costs US jobs
China’s demand for copper is fizzling and U.S. mining workers are losing their jobs over it. Copper is used for electronic products, cars, wiring, building construction, and plumbing.
Aug 31, 2015 12:03 AM EDT
September 9 Apple Event may bring out a revamped Apple TV and the iPhone 6S
Apple announces its traditional iPhone launch on September 9, rumored to launch new iPhone 6S and iPhone 6S Plus, and possible Apple TV.
Aug 31, 2015 12:01 AM EDT
Donald Trump still undecided to sign South Carolina's Republican Party pledge
Presidential billionaire candidate Donald Trump is yet to decide whether to sign the South Carolina Republican Party pledge, but the SC insists on it. Seems that Trump will gain votes as he had presented policy proposals to revive America.
Aug 30, 2015 11:58 PM EDT
Wall Street clocks biggest 2-session surge since 2008 crisis
The rebound on Wall Street has wiped out half of the losses it suffered during the worst crash ever since 2008 crisis. The market recovery on Wednesday and Thursday helped Dow Jones, S&P 500 and Nasdaq post gains of over six percent.
Aug 30, 2015 11:55 PM EDT
Commerce Sciences lands $4M to make website personalization for small-to-mid-sized businesses easier
Commerce Sciences raised $4 million investment funds to improve its site personalization service for small-to-mid-sized businesses. They are considered Robin Hoods of the small online entrepreneurs.
Aug 30, 2015 11:50 PM EDT
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