Articles by Staff Writer

Larger McDonald's Closes, 'The Ever Largest Era' Awaits

McDonald’s Florida chapter has shut down operations of the foods and entertainment chain on Wednesday. But closure has not turned an end to larger McDonald’s era, but appears to reborn with ‘the ever largest’ title. The largest burger corner is all set to start journey from early February in its renovated state of the art establishment measuring 19,000 square feet, some 7,000 square feet larger than the existing ‘French Fries Box’ structure.

Jan 02, 2016 07:48 PM EST

GM going for ignition switch trial in January

General motors will go to trial on January 11 in the case of defective ignition switches after the company a US judge rejected automakers bid to bellwether case.

Jan 02, 2016 05:02 AM EST

Now, Chinese couples can have two kids legally

Ending the one-child regime, the Chinese government has decided to allow married couples to have two children. The new law is effective from 1 January 2016 and China will have three million extra babies every year for next five years owing to new law. It'll take the labor force up by 30 million by 2050.

Jan 01, 2016 08:39 PM EST

South Korean exports drop for 12 months

The world's sixth largest exporter South Korea suffered drop in exports throughout 2015. The exports fell 13.8 percent in December 2015 against the forecast of 11.7 percent. South Korea's trade surplus eased down to $7.2 billion in December 2015 from $10.32 billion from the previous month.

Jan 01, 2016 08:37 PM EST

Oil slump hits $125-mn property debt in North Dakota

The lower oil prices are impacting the property market in shale hubs in North Dakota. The $125 million securitized loans backed by real estate are facing trouble-some situation. The rating agency Morningstar Credit Ratings LLC has estimated that a third of $340-million commercial mortgage-backed securities are facing threat as they're related to the shale hubs in North Dakota.

Jan 01, 2016 08:35 PM EST

Atlanta's airport clocks 100mn passenger traffic in 2015

Hartsfield-Jackson Atlanta International Airport has become the world’s first to achieve 100-million passenger traffic in a single calendar year. The world’s busiest airport received its 100 millionth passenger on 27 December 2015 and felicitated him with loads of gifts. Atlanta’s airport had been the world’s busiest airport for 17 years in a row as of 2014.

Jan 01, 2016 08:32 PM EST

Sarah Palin To Sell Her Arizona House for Nearly $2.5 Million

Former governor of Alaska Sarah Palin is selling her family house in Arizona with a listed price of $2.49 million.

Jan 01, 2016 08:30 PM EST

China is building its second aircraft carrier amid maritime tensions

China defense ministry confirmed that its building a second aircraft carrier. The new carrier was designed in China and is being constructed in the port of Dalian.

Jan 01, 2016 05:48 AM EST

Apple May Face Tax Evasion Charges Again in the US After Italy

Apple Inc. is believed to tatter while confronting series of accusations for illegal tax dodging. Agreement for payment of unpaid tax liability in Italy establishes the event of tax dodging through amassing wealth in Ireland for its lower corporate tax rate. Now US tax authority’s claim for intended fund holding in a bid to evade tax may get huge momentum.

Jan 01, 2016 05:44 AM EST

AT&T to end two-year contracts on January 8th

AT&T is ending two year contract on January 8th under which consumers purchased or upgraded smartphones under subsidized agreement. Now costumers can purchase either through company's next installation or bying devices directly.

Jan 01, 2016 05:43 AM EST

Game of Thrones is the most pirated TV show of 2015

Game of thrones, the TV series aired on HBO was most pirated TV show of 2015. The season 5 finale was downloaded an estimated 14.4 million times on Bit-Torrent. The HBO TV series has been most pirated on Internet since the last four years.

Dec 31, 2015 08:40 AM EST

New concept of McDonald’s opens in Hong Kong

McDonald's has opened a new dining concept called McDonald's Next. Located in Hong Kong, McDonald's Next offers new futuristic design with new features for the unique dining experience.

Dec 31, 2015 06:57 AM EST

International Robotics Show Witnesses World’s First Sensitive Robot Chef

Moley Robotics has attained the honor to represent world’s first sensitive robot chef, well versed not only in cooking but also in cleaning the utensils. The commercial version of the prototype will be available in the market in 2017. After unveiling the kitchen prototype in International Robotics Show, the robotics pioneer has been approached by major players in the restaurant industry, airlines, kitchen developers and even chef training schools.

Dec 31, 2015 06:54 AM EST

Volkswagen Tweets about its Electric Concept Car BUDD.e

Volkswagen unveiled the name of its most awaited electric vechicle on a twitter image. The name shows on the right of the car's tailgate, which spells BUDD.e. Volkswagen wants to improve its image though this car after the diesel emissions cheating scandal.

Dec 31, 2015 06:22 AM EST

Facebook will face shareholder class action regarding its 2012 IPO

Manhattan district judge ruled that Facebook Inc. must face group claims by investors. The case is regarding the company previous statement that misled investors about its financial condition in the run-up to its May 2012 initial public offering.

Dec 31, 2015 06:06 AM EST

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