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Wal-Mart shares tumble as profit forecast to drop

Wal-Mart's stock tumbled on the Wall Street following the forecast of earnings drop in the range of 6-12 percent hammered down the market sentiment. Wal-Mart shares fell 10.04 percent or $6.70 to $60.03 indicating biggest fall in a day during the past three decades. The stock was already trading 22 percent lower before the latest drop.

Oct 15, 2015 8:31 AM EDT


Square suffers $5.7mn loss from single seller, files IPO

Payments startup Square is going for an initial public offer (IPO) and mentions in the filing to Securities Exchange Commission (SEC) that the fraud could be a major hurdle for it. Square was target of hacking as a single seller used its payment services resulting in a huge loss of $5.7mn for the e-Commerce startup.

Oct 15, 2015 8:20 AM EDT


Hongkong Palace, the Best Place to Eat Authentic Chinese Food in DC

While in DC and craving Chinese food, Hongkong Palace offers Chinese food that is surely authentic and delicious. There are a lot of choices in the menus and its surprisingly affordable.

Oct 15, 2015 8:18 AM EDT


Fairmont Hotels: 20% Off & $50 Daily Credit With Amex

Amex is offering cardholders discounts and credits at Fairmont Hotels. Clients can actually enjoy 20% slash off in the hotel's accommodations plus a $50 daily credit with the use of any Amex cards.

Oct 15, 2015 8:15 AM EDT


Twitter laid-off 336 global employees

Twitter started cutting jobs to 336 employees, mainly from the Engineering and Product departments globally. The ex-employees are entitled to receive their separation pay.

Oct 15, 2015 8:03 AM EDT


Amazon’s Hotel Booking Services: Amazon Gets Out Of The Hotel Booking Business After Only 6 Months

Apparently, Amazon's deals for hotel services and travel could be a great idea for users. But Amazon just recently announced that they would stop the hotel services after just 6 months of operation.

Oct 15, 2015 7:12 AM EDT


Luxury Hotel Great Deals: Knickerbocker Five-Star Hotel in NYC offers $2 for its 109th anniversary

The Knickerbocker Hotel in New York City just recently reopened. To celebrate its 109th anniversary, the hotel is offering a block of rooms at the original opening price of $2 for a night.

Oct 15, 2015 6:49 AM EDT


United Airlines: 20% Off United Award Tickets To Hawaii

United Airlines is offering 20% discount to all MileagePlus Saver Awards cardholders who are flying to Hawaii.

Oct 15, 2015 6:28 AM EDT


Top 5 Lavish Hotels in Hongkong Worth Visiting

Hong Kong offers various high class hotels that have great amenities. Hong Kong is a bustling city, home to rich cultural heritage. It is also the place to see the modern façade of tall buildings, state-of-the-art skyscrapers, endless number of elite shops and restaurants and of course of lavish hotels.

Oct 15, 2015 6:18 AM EDT


Diageo sells US, UK wine biz for $552m to Aussie firm

UK alcoholic beverage giant Diageo Plc is selling its wine operations in the US and the UK for $552mn (euro483mn) to Treasury Wine Estate, an Australia-based company. Treasury Wine Estate is also in the process of acquiring Blossom Hill, Britain's second largest wine brand. The acquisition deal for Diageo is subject to the approval of UK regulator and also the US anti-trust review. The acquisition deal is expected to be completed in next three months.

Oct 14, 2015 10:53 PM EDT


South Korea's bonds volatile amid uncertainty over rates

Korean bond market has been volatile as they rose on account of US interest rate and fell owing to domestic rate of interest factor. The Korean bond market is witnessing upward and downward movement owing to varied hopes on interest rate changes. .

Oct 14, 2015 9:06 PM EDT


Brazil's deepening recession worries bankers, fuels job cuts

Bankers forecast Brazil's economy would further slip three percent in 2015 and unemployment rate spiral up to 10 percent in 2016.

Oct 14, 2015 9:02 PM EDT