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Strong U.S. Jobs Report Increase Possibility for Fed Rate Hike December

US job growth surged with 271,000 more jobs and unemployment rate dropped 5.0 percent increasing the possibility of the Fed rate hike in December.

Nov 08, 2015 5:49 AM EST


U.S. companies swarmed Cuba, uncertain if business profits

Some 50 American businesses flock to Cuba for a promise of restored commercial ties brought by detente, but most of these firms still have no idea how to earn money in the communist-ruled country.

Nov 08, 2015 5:21 AM EST


Increased Marijuana Tax Will Shoulder College Education

Marijuana tax will pay for the college scholarships of high school graduates in Pueblo County, Colorado by 2017.

Nov 08, 2015 4:56 AM EST


New Chinese-Backed Automaker Challenges Tesla

Faraday Future, a Chinese-backed electric vehicle company gives more challenge with innovative business plan: a rolling smartphone business model.

Nov 07, 2015 6:42 AM EST


Facebook Revenue Soars and Shares Rise to All Time High in Q3

Facebook announced their successful result in Q3 of higher revenue than expected. The result also raise its share to all time high.

Nov 07, 2015 6:27 AM EST


Toyota's New Hydrogen Car Mirai Outputs Clean Safe to Drink Water

Toyota's first hydrogen-run car Mirai is now available for US consumers in California. It outputs a clear drinking water.

Nov 07, 2015 5:42 AM EST


Obama rejects Keystone XL proposal, claims it's not in the best interest of the country

President Barack Obama rejected the proposed Keystone XL pipeline, saying that it is not in the best interest of the country's national security, as he pushes on the climate change agenda.

Nov 07, 2015 5:35 AM EST


Shanshui Cement says it can't repay onshore debt

China Shanshui Cement expresses uncertainty in paying its onshore debt during its stock exchange filing due to its present cash position and its inability to raise enough funds.

Nov 07, 2015 5:32 AM EST


Sweden industrial orders increased 32.8%

Sweden experiences industrial boom as orders increased by a whopping 32.8 percent in September due to very large orders on the export markets for transport equipment.

Nov 07, 2015 2:28 AM EST


Court orders Sprint to continue WiMAX network for 90 days

A Massachusetts judge ordered Sprint to keep its WiMAX mobile network running in certain areas for another 90 days.

Nov 07, 2015 1:39 AM EST


AstraZeneca to buy ZS Pharma for $2.7 billion, Create cure for deadly blood disease

AstraZeneca has agreed to buy ZS Pharma for $2.7 billion in cash, hoping to come up with a drug to treat deadly blood disease.

Nov 07, 2015 1:25 AM EST


'Grand Theft Auto' maker Take-Two's revenue rose 169%

Take-Two’s third-quarter revenue almost tripled increasing 169 percent due to soaring sales of “Grand Theft Auto” and “NBA 2K16.”

Nov 07, 2015 1:10 AM EST