Oil price gets below $39 for first time since 2009, China economic slowdown to blame?
Oil Prices sank to $39, the lowest it has been since 2009. Unstable Chinese economy, increase in supply, and a decrease in demand are some of the major reasons for the continuing decrease of oil prices.
Aug 25, 2015 3:46 AM EDT
Apple falls, along with other tech giants and the US stock market
Apple’s shares went down by as much as 7 percent last week, as the U.S. stocks also dropped. Other tech giants are also affected by the market volatility. Netflix and Facebook are among the companies that took a hit from the presently volatile days in Wall Street.
Get most out of your Fundraising in Silicon Valley; Learn the Tips and Tricks from Mattermark and more
Mattermark CEO and co-founder Danielle Morrill gave a tweetstorm of advice on how to get the best out of your fundraising in Silicon Valley.
From digging low to getting high: Junior miners pivot to medical marijuana as commodities hit bottom prices
As metals prices are crashing, junior miners, who are hit the most, are transitioning to other ventures, from egg exporting to marijuana farming.
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Airbnb for Business now has over 1,000 corporate signups
Over 1000 businesses signed up for Airbnb’s new website “Airbnb for business,” which makes it easier and more convenient for travelling business people to find the right place to stay during their travel.
Aug 24, 2015 11:19 PM EDT
Trump's tax plan to amp US economy
Donald Trump, a Republican presidential nominee will try to win his race by proclaiming his tax plan that will lift US economy and free corporates and the middle class from the burden of paying high taxes. Some anchors agreed that lower taxes means more jobs, more money in the pockets of people and more spending.
Aug 24, 2015 10:33 PM EDT
Deloitte's partners report average earning of GBP822k
Deloitte, leader among the Big Four accounting firms, posted encouraging revenues for the last year. The accounting firm's revenues were up 6.4 percent to GBP2.71billion, while the average earnings of its 721 partners rose 9.6 percent to GBP822,000 in 2014.
Aug 24, 2015 10:32 PM EDT
Drama in Greece continues with Tsipras calling the vote
Just when Greece was about to get a new 86 billion bailout package, its prime minister, Alexis Tsipras resigned calling for a snap election on September.
Aug 24, 2015 10:15 PM EDT
How to acquire funds for a startup fashion business
Imrad Amed of the Business of Fashion tackled some financing options that startup companies might want to consider.
Aug 24, 2015 4:58 AM EDT
China GDP slows down, dents mining companies' profits in Q2; raw materials at 6-year low
With prices of raw materials going down, mining companies are reeling under pressure. The slowdown in China economy is impacting their margins. Many mining companies are poised to slash costs.
Aug 24, 2015 4:40 AM EDT
Lettuce as a "Miracle" sugar substitute and other biotech startup projects
More and more research had been conducted to find a substitute for a certain substance or food additive like the sweetener. Recently, lettuce has been a good candidate for producing miraculin, chosen by Alan Perlstein and his team making sure that it is not going to be a GMO.
Aug 24, 2015 3:13 AM EDT
Drop in consumption, exports squeeze Japan’s export basket
Japane suffered drop in exports during the second quarter this year. This coupled with fall in personal conumption put pressure the world's third largest economy slowing down the growth rate to 1.6% as against the forecast of 1.9%.
Aug 24, 2015 2:53 AM EDT
China devaluation: Is it a serious concern for US economy?
The Chinese currency Yuan devaluation is not only impacting Asian economy alone, but also creating tremors in the world's largest economy. The US market is feeling the heat of devaluation of Yuan as it's indirect impact is more on consumer durable products, industry and stock markets as well.
Aug 24, 2015 2:52 AM EDT
These Cuban Guys are Corporate America's bridge to business in Cuba
It has been a half century since Cuba since the Bay of Pigs and now and they are looking for a better future with the diplomacy with America. The raising of the American flag is symbolizes the warming ties between the said countries.
Aug 24, 2015 2:50 AM EDT
ACLU is looking for mistreated Amazon employees
The American Civil Liberties Union is now taking action over the issues concerning Amazon employees.
Aug 24, 2015 2:32 AM EDT
Chicago catching up fast as next Silicon Valley hub
Chicago is emerging as next potential city for future Silicon Valley tech hub as it leaves other citities behind with advantages such as young educated population, affordable real estate, presence of global IT companies, availability of VC funding and other social parameters.
Aug 24, 2015 2:27 AM EDT
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