Researchers are developing robotic hand-worn to help the blind to “see”
Researchers at the University of Nevada and the University of Arkansas team up to develop a robotic glove-like device that can help the blind to recognize the objects around them. The researchers team received $820,000 of NRI grant to develop this technology.
Dec 21, 2015 6:00 AM EST
Ebola survivors may suffer various illnesses after they recovered from the virus
The recent study performed by the CDC researchers found that people who survived from Ebola virus have experienced various illnesses after they have recovered, including hair loss, joint pain, and eye problems.
Tesla CEO Musk suggests California to push Volkswagen to electric cars
The automobile industry leaders and experts have written a letter to California regulator asking it to confine Volkswagen to making of electric vehicles only as a punishment for cheating the customers and violating the US emissions laws. Tesla CEO Elon Musk and others signed the letter. They opine that fixing the software involves lots of money and could also lead to technical problems further.
Aussie billionaire James Packer quits board amid drop in gambling revenues in Macau
James Packer, an Australian billionaire, has left the board of Crown Resorts Ltd as Chairman. Crown Resorts is suffering from a drop in gambling revenues in Macau. Packer will continue as co-Chairman of Crown Resorts. Packer has decided to focus on development projects in the US and Australia.
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US gasoline slips below $2; at 6-year low
The US gasoline average retail price slips below $2 per gallon as oversupply position in the global energy sector continued. The gasoline price at $1.999 per gallon is indicating its lowest in over six years. The US economy is witnessing a rare combination of falling price and rising demand. The recent decision by Opec not to reduce production level is keeping more pressure on global oil price.
Dec 21, 2015 3:47 AM EST
Mars Recalled Dove Chocolate Over Allergy Concern
Mars issued allergy alert for its Dove Chocolate Assortment Snowflake on December 18, due to undeclared peanuts, wheat and egg ingredient.
Dec 21, 2015 2:46 AM EST
Packer is in discussion to take Crown's assets private
James Packer’s Consolidated Press Holdings is in speculation that it was going to team up with private equity and take parts of Crown Resorts private. The circulated news cause its share price to soar higher and was query by the Australian Stock Exchange.
Dec 21, 2015 1:25 AM EST
Secret Santas pay $484,000 for Walmart layaway shoppers in three states
Mistery Santas gave Christmas gifts to Walmart's shoppers in three states by paying off their layaway orders. The total amount of anonymous donations reached $484,000.
Dec 20, 2015 9:51 PM EST
Is the Fed hike the silver bullet that can bring economic prosperity back?
The US Federal Reserve has increased the interest rate by quarter percentage. Will it bring back the economy to normal, asked the economists. Purely linking interest rate hike, inflation and oil price drop doesn't serve the purpose., caution economists. There's also associated risks for emerging markets as well, caution economists.
Dec 20, 2015 9:31 PM EST
Fiat Chrysler buys emission credits from rival auto majors
Fiat Chrysler Automobiles NV has purchased 5.5 million emission credits from Toyota and Honda. Another one million credits from Tesla. Fiat Chrysler ended 2014 with a credit balance and without this purchase also, it would have been emission compliant, according to a report from the Environmental Protection Agency. Fiat Chrysler ranks last in fuel efficiency when compared with rival auto majors.
Dec 20, 2015 9:23 PM EST
Man resurrects 1955 Chevy Bel Air beyond former glory
Gary Holyoak is a resident of Cedar City, Utah who grew up with a 1955 Chevy Bel Air and plans to resurrect the car, putting LS3 Power and an Art Morrison Chassis on the classic.
Dec 20, 2015 4:43 PM EST
Tax Extenders Bill will benefit America's startup sector in a big way
The new $622 billion tax package the House of Representatives approved on Thursday will benefit greatly from this.
Dec 19, 2015 2:35 AM EST
Star Wars fan goes on epic rant after Egypt cancelled the movie due to faulty copy
IMAX Theatres in Egypt cancelled the screening of Star Wars: The Force Awakens sending one fan into an epic rant against the theatre company.
Dec 19, 2015 12:45 AM EST
Trader Joe's recalls 'shattering and bursting' bottles
Trader Joe's will recall its carbonated, non-alcoholic beverage called Triple Ginger Brew after customers reported that unopened bottles exploded.
Dec 19, 2015 12:40 AM EST
New tax deal best for parents, low-income earners, students
The newly passed $650 billion tax bill the House of Representative will benefit greatly the parents, low-income families, teachers, mass commuters, and the students.
Dec 19, 2015 12:38 AM EST
What Happens To Student Loans When the Fed Raises Rates
The Federal Reserve increase in interest rates will not have any dramatic changes on student loans interest rates, but it depends on the market benchmark rate.
Dec 19, 2015 12:35 AM EST
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