3% annual pay raise is the new norm - Towers Watson
Base pay raises in the United States are projected to be at 3% on average in 2016. Although that is the same as this year, the number of employers giving salary increases is rising.
Aug 14, 2015 3:34 AM EDT
Bill Gates’ Poop Machine can solve a sanitation problem with a clean water and biofuel solution
The Jackini Omniprocessor, better known as poop machine, undergoes testing at Dakar, Senegal. Gates wrote on his blog that he was impressed with what Jackini has built and he is thrilled with the business model.
Going back to school is expensive to both parents and teachers: study
Not only parents are looking for ways to save on back to school shopping. Survey says that teachers are also looking for discounts on school supplies as they are spending their own money for their school needs.
AT&T counting on DirecTV, expansion in Mexico for topline, bottomline growth
After the acquisition of DirecTV, the US wireless carrier AT&T is aiming to achieve double digit growth rate during the rest of 2015 and continue to grow throught 2018. AT&T plans expansion in Latin America.
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BBM lets Canadian users send and receive money by integrating with PayPal
BlackBerry Messenger partnered with PayPal to provide a peer-to-peer send and receive money feature, which is still in its beta stage.
Aug 13, 2015 11:28 PM EDT
Google's Life Science to develop bandage-sized glucose monitoring device in partnership with Dexcom
Google Life Science division has struck a deal with glucose monitoring company Dexcom to develop a product that will help people with diabetes.
Aug 13, 2015 11:26 PM EDT
An Apple at Work: Apple's Mobile Mobility Program wants iPad to be the preferred work tool
Apple has entered into a partnership with several tech companies in order to integrate the iPad into more workplaces.
Aug 13, 2015 11:21 PM EDT
Women executives in Charlotte share their stories; how they get on top?
Women executives of Charlotte, North Carolina shared their stories and experiences in their careers in a recently held Charlotte Chamber's "Women Who Lead".
Aug 13, 2015 10:55 PM EDT
Bumble Bee Foods to pay $6M in fees for horrific death of worker
Bumble Bee agrees to pay $6 millions in fees for the horrific death of an employee in 2012. Three years ago, Jose Melena, 62, was burned alive inside the Bumble Bee Foods industrial oven.
Aug 13, 2015 10:42 PM EDT
Hard hit by plunge in Motorola sales, Lenovo to slash 10% workforce
The Beijing-based Lenovo Group has decided to cut 10% white collar jobs numbering 3,200 after the sales fell by one-third in Motorola handsets.
Aug 13, 2015 8:32 AM EDT
Ohm Battery promises peace of mind by solving key problem areas in car battery technology
A next-generation car battery is in development that could solve several issues related to modern car batteries.
Aug 13, 2015 4:51 AM EDT
Chris Payne out as Tinder CEO after only five months; Sean Rad is taking back the position
Christopher Payne is out as Tinder CEO. Cofounder Sean Rad will take over and Greg Blatt is appointed as Tinder Executive Chairman.
Aug 13, 2015 4:42 AM EDT
Funding Circle lines up $1B funding for small business lending globally
Funding Circle is prodiving hassle-free funding to small business units at low cost of borrowing globally. It also offers risk management solutions to the entrepreeurs. It has already surpassed $1-bn mark in lending and decided to lend 1-bn funds to small businesses.
Aug 13, 2015 4:40 AM EDT
Legionnaire's Bacteria Forced GSK to Stop North Carolina Plant Operation
GlaxoSmithKline closes it North Carolina plant due to a Legionella bacteria's discovery in the cooling tanks of Zebulon plant after routine inspections. It will resume operation after the problem has been solved and confirms no expectation of a disrupt in medicine supply.
Aug 13, 2015 4:35 AM EDT
iRobot's robotic lawn mower gets U.S. regulatory approval, brings grass cutting to new heights
iRobot Corp Inc recently got approval from the Federal Communications Commission to manufacture and sell their new automated lawn mower.
Aug 13, 2015 4:27 AM EDT
Ford Targets Emerging Markets with Frugal India Build, In a Bid to Compete With its Rivals in 5th Largest Auto Market
Using India-based engineering, Ford aims to penetrate the India market in a bid to compete against its Asian rival auto companies that are outselling them in the arena.
Aug 13, 2015 4:16 AM EDT
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