After the Outbreak, Chipotle Struggles To Find Alternative Food Peparation Method
After a devastating series of food poisoning in its restaurants nationwide in 2015, Chipotle has to change their food preparation practice.
Dec 17, 2015 9:54 PM EST
The Aftermath of China Smog Red Alert
For the first time in since adopting the four-tier emergency response program for air pollution, last week Beijing issued red alert for smog as the air pollution in China get worse.
Orders from Obama Administration: The Colorado Marijuana Lawsuit Rejected by the Supreme Court
Obama administration supports Colorado and asks Supreme Court to reject the neighboring state pleas. The marijuana legalization is supported by the Obama administration in this case.
Deutsche Wohnen CEO warns Vonovia $10.9 Billion hostile Bid to Fail
Deutsche Wohnen warned its shareholders that the Vonovia SE $10.9 billion hostile takeover on the company will fail.
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U.S. bombing on ISIS oil facilities finally taking toll
US-led bombing on ISIS oil facilities is finally taking effect, bringing the terrorist group’s $500 million a year income from this business down to only a fraction.
Dec 17, 2015 8:12 PM EST
New Zealand Economy grows faster Than Q3 Forecast
New Zealand's economy grew 0.9 percent in the third quarter, faster than what was expected by economists. It was buoyed by greater spending in the manufacturing and retail sector.
Dec 17, 2015 8:09 PM EST
Soon to Come: Droneport, Airport for Drone
Aerodrome will build the world first droneport in the Boulder City, Nevada. This facility is approved by FAA for training and certification of drone pilot.
Dec 17, 2015 7:09 AM EST
Cigarettes Losing Popularity: Marijuana, the Preferred Choice for the Teens
The cigarette smoking has reduced by 55% in last 5 years. This is the first time that the reports showed an increase in daily marijuana consumption outshining cigarettes in the last 4 decades.
Dec 17, 2015 6:17 AM EST
Fed Increases Benchmark Rate: Aftermaths For Local as well as Global Consumers
Federal Open Market Committee, policy making body on behalf of Federal Reserve Bank, central bank of the world’s largest economy, has started to approach through a new path after around a decade with announcing its decision to raise short term benchmark by a quarter points. The rate hike will directly affect the short term debt holders while mid and long term borrowers will suffer with its gradual aftermaths.
Dec 17, 2015 4:29 AM EST
Global average Internet speed Grew to 5.1 Mbps while Only 5.2% Broadband Connected: Q3Y2015 Akamai Report
Akamai, the global leader in Content Delivery Network (CDN) services, aims to make internet faster and furnishes quarterly matrices on state of internet speed. The third quarter report for the year 2015 addresses the global average internet speed as 5.1 Mbps while only 5.2% internet users are Broadband connected.
Dec 17, 2015 4:26 AM EST
Frutarom buys Wiberg: Raises its sales target to $2 billion by 2020
Israel’s Futarom, leading flavor and fine ingredients maker has announced that it is to acquire Austrian savory flavor maker Wiberg for $130 million. Futarom has aimed its sales target to $2 billion by 2020.
Dec 17, 2015 4:21 AM EST
Seattle passes law: Uber and Lyft drivers to form Unions
Seattle City has become the first in the nation to pass a bill allowing Uber, Lyft and other ride-hailing services to form unions over pay and working conditions.
Dec 17, 2015 4:07 AM EST
Kleppierre join hands with Entra: Oslo Shopping Center to be bought for $578 million
Kleppierre, jointly with Entra has signed a sale and purchase agreement to acquire Oslo Shopping Center. The companies have agreed to buy the shopping center for $578 million.
Dec 17, 2015 4:03 AM EST
Russia's Ukraine bond is official sovereign debt: IMF
IMF's board has confirmed that Russia's holding of Ukraine bond is sovereign debt, but not a commercial bond. The due date on payment of Ukraine bond is 20 December. Russia is gearing up to take legal action if Ukraine doesn't pay within a 10-day grace period.
Dec 17, 2015 3:36 AM EST
No new Boeing 747 for Air Force One: Congress
The U.S. White House decided to delay Boeing 747 order for the new Air Force One upgrade to fiscal 2017. The congressional negotiators provide less than expected spending bill for the presidential aircraft
Dec 17, 2015 3:34 AM EST
Moody's lowers rating on South Arica to 'negative' from 'stable'
South Africa's rating has been downgraded by Moody's from stable to negative. The sluggish economy, rising risks and political pressures are primary reasons for downgrading. The most developed nation in Africa is lagging in human and physical infrastructure resources. The country needs to enhance the skills set of people to make them employable.
Dec 17, 2015 1:53 AM EST
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