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US to anti-money body: Delete soccer warning

US delegates of Finacial Action Task Force urges the organization to delete soccer warning, according to sources.

Aug 21, 2015 2:57 AM EDT


iSight charts $100M fundraising plan ahead of IPO in 2016

iSight Partners will raise $100 million funds for its business expansion plan. The company is also going public in 2016. It has made agreements with business partners for effective distribution of its intelligence on potential cyber attacks.

Aug 21, 2015 2:25 AM EDT


Better, quicker, shorter cancer care eyed by Intel thru Collaborative Cancer Cloud

Intel Health executive Eric Dishman suffered for 23 years before the proper treatment for his kidney cancer was determined. Now, Intel aims to provide a tailored treatment for the specific genome of an individual in just one day through the company’s new Collaborative Cancer Cloud.

Aug 21, 2015 2:20 AM EDT


Growth rate of new businesses slow; Women-owned firms increasing - census

The U.S. Census Bureau Data shows that there is a 27 percent increase of women-based business in America from 2007 to 2012.

Aug 21, 2015 2:09 AM EDT


VW owners are in danger - study

A paper detailing a security vulnerability in Volkswagen security technology is being presented in Washington DC after being blocked for two years by the UK High Court

Aug 21, 2015 2:06 AM EDT


Global sluggishness erodes $9B in Norway's pension fund

Several factors including sluggishness in the US, EU markets, poor returns on bonds, oil price drop, Greece economy crisis impacted the world's largest soverign fund, Norway's Pension Fund, in a negative way.

Aug 21, 2015 2:00 AM EDT


Indiana University and Adidas Signs a $53.6M Deal

Adidas and Indiana University extended their contract to another eight years and signed the deal at $53.6 million.

Aug 21, 2015 1:55 AM EDT


Hyundai, Kia changes China executives after sales slump

Hyundai-Kia Motors change corporate structures in the hopes of improving market performance in China. The company plans to improve its selling strategies to cope with the ever-changing needs of the Chinese market with the help of new executives.

Aug 21, 2015 1:53 AM EDT


H&M Sales Rise by 16%

H&M increases sales in July by 16%, up 4% from analysts' predictions. It is already their tenth consecutive month of enjoying sales rise of at least 10 percent. H&M in its press release said that it will release its updated third quarter report on September 15 of this year.

Aug 21, 2015 1:50 AM EDT


European bailout fund grants release of aid to Greece

European bailout fund supervisors have approved the release of the first tranche of financial aid to economically-troubled Greece. This comes after the German parliament and other assemblies in Europe adopted the €86 billion bailout package for Greece.

Aug 21, 2015 12:53 AM EDT


Big Data in Food Production: FarmLogs helps farmers increase crop yields using flow sensors and satellite imagery

Jesse Vollmar had created a software called FarmLogs to help farmers increase production through cloud computing, enlisting significant data they needed using flow sensor technology and monitoring farm fields by using satellite imagery.

Aug 21, 2015 12:49 AM EDT


IMF dashes hopes of China; Yuan still out of fund's currency basket

The IMF board has decided to keep the current basket of currencies as it is and China will have to wait for one more year to make its currency a part of the fund.

Aug 21, 2015 12:39 AM EDT