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Wal-Mart Marketing head Stephen Quinn to retire, says WSJ

The longtime Marketing Chief Officer of Wal-Mart Store’s Inc., Stephen Quinn, plans to step down by the end of January.

Dec 11, 2015 09:58 AM EST


Beijing continues to suffer from pollution, but Delhi's air quality is 150% worse

While Beijing residents continue to struggle through a period of unusually high air pollution, similarly high smog levels are a fact of life for many in different parts of the world, where Beijing-style warning systems aren't in force. In the past week, during which Beijing's air pollution has been at its most severe, air quality has been 150% worse in Delhi, India's capital.

Dec 11, 2015 07:49 AM EST


E. Coli Outbreak and The Biggest Food Recall in 2015

Several cases of food E. coli outbreak have become headline this year. E.coli may have been the major cause of food recall in 2015 along with listeria bacteria and defect.

Dec 11, 2015 04:35 AM EST


Buffet buys 8% in Sears' REIT Seritage Growth

Warren Buffett has acquired 8% stake in Seritage Growth Properties, amounting to $70.5 million. Berkshire Hathaway is also buying a real estate firm, Allie Beth Allman & Associates. The latest acquisitions by Buffett will add financial strength to Sears Holdings.

Dec 11, 2015 04:10 AM EST


Chipotle Mexican Grill in Seattle Closed for the Violation of Food Safety

The Chipotle restaurant was closed by the Seattle-King and County, public health officials due to the violation of the food safety policies. People are suffering from various illness after eating in this restaurant chain.

Dec 11, 2015 04:19 AM EST


Asian stocks ending week on weaker note as commodities remain sluggish

Asian stocks set for weaker weekly closing on sluggish commodities prices. The continuous oil price drop and further weaker Yuan currency also weakened the investor confidence. The market players were in wait and watch mode ahead of US Fed meeting next week.

Dec 11, 2015 04:13 AM EST


Now Drones Can Shoot in Night Vision with Thermal Camera

Drone maker DJI with FLIR, to develop a new drone camera that can shoot in complete darkness.

Dec 11, 2015 03:54 AM EST


Fed might hike rates, but it will be a bad decision, warns bond king Gundlach

Jeffrey Gundlach, the bond king in the US markets, says the current economic situation and market conditions are not in favour of interest rate hike. If US Federal Reserve increases rate this month, then it will regret its decision, he said. Stating that 100% of economists forecast rate hike. latest jobs data and other parameters are giving more room for US Fed to take decision on rate hike.

Dec 11, 2015 03:29 AM EST


Alaska Governor seeks income tax for the first time in 35 years

Alaska State Governor Bill Walker as part of his New Sustainable Alaska Plan,suggested for income tax in the State. If levied, it'll be after 35 years, Alaska records income tax. Alaska is highly dependent on oil revenues. The steep fall in oil price is impacting its revenues in a negative way. The current revenues can meet only 40 percent of government expenses.

Dec 11, 2015 01:16 AM EST


Flying High: Boeing's rating upgraded to 'Buy'

Several equity research firms upgraded ratings on Boeing. The timely deliveries are enhancing revenues for the aircraft maker. For the quarter ending October, its revenues surpassed market forecasts. Barring one equity research firm, 13 gave it 'buy' rating and three recommened for holding it.

Dec 10, 2015 09:51 PM EST


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