Indian banking system in transformation mode
Reserve Bank of India (RBI) has given licenses to 11 business entities to commence 'Payment Banks.' The new system is expected to not only bring down transactions costs, but also cover entire rural India under banking system.
Aug 23, 2015 11:58 PM EDT
LinkedIn's Newest App Helps you Learn more about your Co-Workers
LinkedIn launched Wednesday its new app Lookup, which helps employees connect with the right co-workers to be more productive.
Bitcoin's future is threatened by rival, under 'hard fork' crisis
A hard fork is the crisis that divides Bitcoin developers these days. Does it really affect the future of this promising currency? OR is it a healthy transition?
HP’s Planned Layoffs to Exceed 55,000
HP CFO reveals that layoffs will exceed an additional 5 percent of the planned 55,000 layoffs by October.
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Cute overload: How Hello Kitty became a timeless brand
For 40 years, Hello Kitty had become a famous character not only to young girls. but to grown-up moms as well. But how did Sanrio build its brand and how did the character linger?
Aug 23, 2015 11:25 PM EDT
Alibaba launches data center in Singapore
Alibaba launches headquarters for overseas operation and data center in Singapore as part of their $1 billion effort to edge out US rival, Amazon Web Services.
Aug 23, 2015 11:22 PM EDT
Senior workers can remain significant for tomorrow's work
Being a worker or an employee of age 50 or up doesn't mean you are no longer fit to work. When you grow old with your work it is an achievement because have mastered your craft. Working with millennials is a great way to share with them your knowledge and skills and vice versa.
Aug 23, 2015 11:21 PM EDT
Oil price crash-hit Kazakhstan's currency tumbles over 23% in free-float trading
Suffering from oil price crash, Kazakhstan has allowed free-float trading in its currency Tenge, which fell steeply 23% creating tremors in the central Asian economy.
Aug 23, 2015 11:17 PM EDT
Starbucks coffee went up despite coffee price decline
Coffee prices already went down and most coffee shops provide their customers with the taste of savings and of course with their best tasting coffee. The scenario is not the same with Starbucks that impose an increase with their coffee and other drinks to offset labor cost and rent.
Aug 23, 2015 11:08 PM EDT
US housing costs on the rise, CPI reveals
The housing costs in the U.S. continue to rise despite the inflation rate. Last month, prices of commodities slightly went up but Federal Reserve will not be moved from raising interest rates this year.
Aug 23, 2015 11:06 PM EDT
Background checks of Uber drivers not extensive enough - prosecutors
Billion-dollar ridesharing company, Uber, accused of misleading consumers by lax background checks of drivers.
Aug 23, 2015 11:05 PM EDT
Salesforce Q2 results meet St forecast; outlook for fiscal up
Encouraging growth in sales volume, Salesforece.com Inc announced second quarter results beating the market forecast. The company also raised outlook for the whole financial year.
Aug 23, 2015 11:00 PM EDT
Uniqlo to begin offering four-day workweek plan
Uniqlo will soon be starting to offer their four-day workweek plan for employees. The offer will be limited to the approximately 10,000 employees the company currently employs in store-based positions inside Japan.
Aug 21, 2015 5:22 AM EDT
Y Combinator held Summer 2015 Demo Day unveiling groundbreaking tech startups
Y Combinator conducts the Summer Demo Day 2015, a twice a year event featuring innovative tech startups that could make it big in the business field. Here are some of them.
Aug 21, 2015 3:44 AM EDT
What the 2016 presidential candidates have to say about student loans
See what the big names in race for the White House have to say about student loans. As of now, the total amount of student loan debt for Americans has risen to a combined amount of $1.3 trillion, and many citizens are now calling for the system to be overhauled, according to Forbes.
Aug 21, 2015 3:42 AM EDT
Iran's huge potential now open for global investments as crisis-hit nation comes out of sanctions
With the five nations led by the US lifting the sanctions on Iran, the underdeveloped oil and gas sector in the fourth largest oil reserves country offers huge investment and growth potential for global companies.
Aug 21, 2015 3:39 AM EDT
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