Hawaii leads most expensive states in US; New York slips to 3rd position
In a latest survey on living standards in the US, Hawaii emerged most expensive state in America, while New York slipped to third position. the variation in energy bills, other amenities and prices of basic things were considered in the study.
Aug 26, 2015 10:01 AM EDT
Liquidity vacuum: GE suffers most since 1987 Black Monday
Global manufacturing giant GE's stock plummeted on Monday and Tuesday on Wall Street in the absence of any major news affecting the company's performance. The plunge of over 20% eroded the stock value by $53billion. Chinese factor after the central bank slashed interest rate, again created fresh bout of fears that dampened that market sentiment and reversing the rebound on Tuesday.
FAA recorded almost 700 drones and aircraft near collisions
Drone flying has been a major problem for FAA because these unmanned aerial vehicles have no pemission to scour restricted areas and should not lift off more than 400 feet or within five miles of any airport.
Chipotle to go on hiring spree; 4,000 people new jobs up for grabs on September 9
Chipotle invites talented individuals to become part of their company's success on their National Career Day on September 9 where they will hire 4,000 employees onsite.
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Is crowdfunding a safe haven when markets suffer selloff?
The current turmoil across the global stock markets leaving more scope for crowdfunding. many start ups and potential investors are looking positively at crowdfunding option as it's difficult to raise money from the market.
Aug 25, 2015 4:49 AM EDT
ZeroCater soars $100M sales starting from only $7,000
ZeroCater, a startup business servicing meals to large companies had earned $100M with $1.5M funding. Arram Sabeti, the owner started out his business with just $7000.
Aug 25, 2015 3:52 AM EDT
Michael Jordan proves he wasn’t after the money, Donates $8.9M to charity
Jury awards Michael Jordan $8.9 million to Michael Jordan after grocery store chain Dominick's used his identity for a steak ad. Jordan plans to donate all money to charity.
Aug 25, 2015 3:51 AM EDT
Currency carnage melting down London property boom
The fall in emerging economies currencies and rising British pound value are creating hurdles in the London's property markets. the strength of British pound is making London real estate costlier for overseas buyers.
Aug 25, 2015 3:50 AM EDT
New BhS owners are looking for £70M to finance revival
New BhS proprietors are now looking for funds to back their recovery plan for the store chain. Retail Acquisitions, the new owner of department store chain BhS seeks for funding of 70 million pounds several months after buying it.
Aug 25, 2015 3:49 AM EDT
Ashley Madison victims now being blackmailed
First the Ashley Madison hacking and now the extortion follows. Recall that there were more than 30 million profiles that were included in the data dump of the so-called cheating website.
Aug 25, 2015 3:48 AM 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
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
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
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
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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