Result Page 117 for Archives

Ford upbeat on self-driving cars, to invest $4.5 billion

Ford Motor is investing about $4.5 billion in developing electric vehicles. Contrary to unconfirmed news that Ford and Google working together on developing driverless cars, Ford Motor President Mark Fields didn't mention about this association in his speech at CES-2016. Fields is very keen on exploring the $5.4 trillion transportation services segment.

Jan 07, 2016 5:03 AM EST

News

Watch out for gold, oil, airlines in 2016

The year 2016 is expected to be positive for gold, oil and airlines segments. The sluggish real growth will propel gold prices. After declining for 18 months, oil price technically may make a rebound. Lower fuel costs and rising passenger traffic propel airlines to make more profits this year.

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PMorgan replaces KCG with Virtu Fin as market maker

JPMorgan Chase & Co has replaced KCG Holdings Inc with Virtu Financial Inc as its market maker. Virtu from Wednesday onwards takes care of JPMorgan Chase's stock on New York Stock Exchange (NYSE). JPMorgan was disappointed with the role of KCG Holdings on 24 August 2015 as the stock markets witnessed mayhem pulling several stocks lower.

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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.

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.

Jan 07, 2016 2:12 AM EST

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.

Jan 07, 2016 1:37 AM EST

"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.

Jan 07, 2016 1:35 AM EST

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.

Jan 07, 2016 1:33 AM EST

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.

Jan 07, 2016 12:56 AM EST

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.

Jan 06, 2016 8:07 PM EST

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.

Jan 06, 2016 8:06 PM EST

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.

Jan 06, 2016 8:04 PM EST

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.

Jan 06, 2016 8:02 PM EST

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.

Jan 06, 2016 7:52 AM EST

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.

Jan 06, 2016 7:25 AM EST

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.

Jan 06, 2016 7:23 AM EST