Dec 05, 2023 Last Updated 06:08 AM EST
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Disney kicks off 2016 with $3-billion bond issue

Walt Disney, Ford Motor and Deere & Co are leading the corporate bond sales, which began on positive note in 2016. The US companies sold $1.621 trillion in debt in 2015 as the majority of American corporate firms preferred to take zero rate advantage before Federal Reserve announcing the rate hike. Yields on investment-grade bonds rose to four-year high of 3.71 percent in December 2015.

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320,000 of Time Warner Cable customers data might have been stolen

Time Warner Cable Inc. said on Wednesday up to 320,000 customers may have had their email passwords stolen. Although there is no sign of data breach at the moment, the cable company is taking a necessary measure to curb the problem.

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Faraday Future's FFZero1 Concept Car: Looks Futuristic, but Can't Run

At the 2016 CES, Faraday Future startup company unveiled its electric concept car, the FFZero1. The eccentric looking car has a smartphone embedded in the steering wheel and will be built on a chassis that could, hopefully, be used in other lines of Faraday cars.

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"More", "Less", and "Better": These 9 Apps will Help You Reach Your New Year's Goals

Here are 9 apps that can help people achieve their new years resolutions. With the help of the smartphone, people can read faster, eat better, and save more.

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EHang Introduced Passenger Drone at CES 2016

Another exciting product has emerged in Consumer Electronic Show 2016. EHang, the Chinese UAV manufacturer introduces drone that is able to carry human passenger.

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Intel Introduces Augmented Reality (AR) World Through X- Ray Visioning Daqri Smart Helmet

Intel’s 3D RealSense Camera empowers Daqri Helmet to represent an augmented reality world at the stage of Consumer Electronics Show, 2016. Through unveiling the smart helmet, Intel is believed to surpass Microsoft in the race towards augmented reality world. The X- ray visioning smart camera is scheduled to become available for purchase from the first quarter of this year.

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Weakened Yuan Triggers Drop in Futures and Stocks in U.S., Europe and Asia

Yuan that keeps weakening have dropped Asian stocks dropped and plunge of futures in Europe and U.S.. On Wednesday trading Yuan hit five year low against US dollar.

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Huawei Unveils New Android Smartwatch With Swarovski Crystal

Huawei showcase its luxury Android smartwatch in Consumer Electronic Show (CES) 2016 that opens today. The watch is designed specifically for women decorated with Swarovski crystal.

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Wanda Group will invest $2.3 billion to build three hospitals in China

China's Wanda Group had signed an agreement with the UK based International Hospital Group to build three hospitals in China. The agreement marks Wanda Group first entry into the booming health care business in China.

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Enter the Movi: The Live Streaming Camera that has 9 Cameras in 1

Livestream the company, will be releasing their Movi camera in April. The camera, called Movi, will allow consumers up to 9 different virtual camera angles to capture live performances and talks and edit them in real time.

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Oakley Glasses: Intel’s Radar Pace Empowered Athletic Smart Glasses

Intel’s Radar Pace Technology has been successfully incorporated in Oakley branded smart glasses, are capable of analyzing athletic performances and coaching thereto. The glasses have been represented before the audience of Consumer Electronics Show, 2016. Unlike Google Glass, the Radar Pace technology instructs the wearer doing everything just by talking.

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Thousands of Stranded Migrants from Cuba Allowed to Enter U.S.

Thousands of Cuban migrants stranded in Costa Rica is permitted to enter U.S. An agreement between SICA and Mexico has opened access to migrants to continue their journey.

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Marijuana Legalization Made Mexican Small Pot Farmer Lose Profit

Loosening marijuana law in United States made small farmers in Mexico lose their profit, as more states lifted restriction on marijuana. However, Mexican drug cartel may not be affected much with the legalization.

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Electric Microbus: Diesel gate Riddled Volkswagen’s Image Recovery Stunt

Diesel gate controversy embattling Volkswagen has initiated implementing eco-friendly projects ahead of loosing share value. Volkswagen has revealed its bold step to go for producing an eco-friendly microbus, powered by electricity, in the Consumer Electronics Show. Batteries of the vehicle may be charged fully by only 20 minutes and capable of serving as a home power unit.

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Samsung Presents Smart Fridge That Can Order Groceries

Samsung introduces its smart fridge in CES 2016 that starts this week. The Samsung Family Hub refrigerator can order groceries for you.
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Spotify Embarks on Third Round of Layoffs, Slashing 17% of Workforce

Spotify has announced the termination of 17% of its worldwide personnel, the music streaming service's third wave of layoffs this year as it works to cut expenses while concentrating on profitability.

US Inflation Expected to Ease Further, Recession Fears Diminish

According to a study issued on Monday, the majority of business economists believe that even if the employment market eventually weakens due to rising interest rates, the U.S. economy might escape a recession in 2024.

Maersk Makes Strategic Investment to Fortify South-East Asia's Supply Chain Resilience

Maersk, a Danish shipping giant, said on Monday that it will invest more than $500 million to develop its South-East Asian supply chain infrastructure.

Gold Surges Past $2,100, Signaling a New Era of High Prices

For the second day in a row, gold prices broke beyond $2,100 on Monday, as the world's appetite for metal looks certain to persist.

Bitcoin Climbs to $40,000, Fueling Optimism in Crypto Markets

For the first time this year, Bitcoin has above $40,000 as traders await the upcoming approval of U.S. stockmarket-traded bitcoin funds and the widespread excitement surrounding U.S. interest rate reduction.

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Alaska Air Acquires Hawaiian Airlines in $1.9 Billion Deal

Alaska Airlines said on Sunday that it has reached an agreement to acquire Hawaiian Airlines for $1.9 billion, including debt, positioning the airline for possible conflict with the Biden administration, which has expressed apprehension over increased sector rates.

Unwanted Goods? Retailers Turn to "Keep-It" Policies to Curb Rising Return Costs

A number of companies are advising customers not to bother returning items for a refund due to the high expense of processing, repackaging, and trying to resell stuff. Rather, they are stating that you may retain it and still receive a refund.

Saudi Fund Urged to Withdraw from Altman-Backed AI Chip Venture in US

On Thursday, the Biden administration has compelled a venture capital firm supported by Saudi Aramco to sell its stake in a Silicon Valley AI chip business that is supported by Sam Altman, the co-founder of OpenAI.

Biden Administration's Push to Reduce China Reliance May Hinder EV Tax Credits

President Joe Biden's aim of having half of all new passenger vehicles sold in the United States run on electricity by 2030 may be hampered by new restrictions that were announced on Friday.

UK Government Intervenes to Investigate Potential Abu Dhabi Takeover of The Telegraph

The culture and media secretary has stepped in to investigate the Daily Telegraph's sale to a business supported by the royal family of Abu Dhabi.

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