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Donald Trump's big tax cuts to dent Federal revenues

Tax Policy Centre came out with its latest analysis report on the Republican Presidential candidate Donald Trump's tax plan and its impact. The report reveals that it would impact the Federal revenues. It has stated that Trump's tax cut plan would benefit rich people than middle-income groups.

Dec 23, 2015 9:49 AM EST


Woolworths targets Chinese shoppers with new online store on Tmall Global site

Supermarket giant Woolworths is aiming to tap growing Chinese consumer demand for Australian products by setting up shop on Alibaba's Tmall Global. The embattled retailer took the move to defend its business after it found other retailers and individuals were selling its products through the Chinese site.

Dec 23, 2015 9:49 AM EST


The Batman v Superman Marketing Needs to Stop Pretending Lex Luthor Is a Real Person

The Batman v Superman movie has done a lot of marketing to show Lex Luthor is a real person. The movie character gives interview to media agencies, have his own websites and even provide free wifi to people. This type of viral marketing is has taken the situation to whole new level of strange.The Batman v Superman marketing needs to stop pretending Lex Luthor is a real person.

Dec 23, 2015 9:47 AM EST


Jeff Bezos tweets a snarky congrats to Elon Musk

On Monday night, Elon Musk and his company SpaceX made history by vertically landing the first stage of its Falcon 9 rocket after blasting off into orbital space ­­- equivalent of launching a pencil over the Empire State Building and landing it in a shoebox back on the ground, in the words of one expert. It was an enormous victory, a moment of history and elation for Musk and his SpaceX engineers, Jeff Bezos, currently the chief of rival rocket-builder Blue Origin, reminded the world Blue Origin was already a member of the vertical-landing club

Dec 23, 2015 9:44 AM EST


Michigan declares state of emergency due to contaminated water system

A state of emergency has been declared in the City of Flint in Michigan after a new study found that the elevated blood lead levels in local children are related to the city's drinking water system. Drinking water in some areas of the city is still unsafe even now.

Dec 23, 2015 9:40 AM EST


Consumer spending pumps up US economy to 2% in Q3

Led by consumer spending, the US economy grew two percent in third quarter as against 3.9 percent in the second quarter. Government outlay and business investment supported the US economy during the quarter while household buying kept up the demand during the third quarter.

Dec 23, 2015 9:33 AM EST


Lower oil price forces Shell to abort Arctic oil project

Anglo-Dutch oil major Shell has finally abandoned its drilling operations in Alaska Arctic region citing reason of oil price drop. Shell has been facing several regulatory and climatic challenges in addition to protests from environmentalists. The oil price has been hovering at $40 a barrel throughout 2015.

Dec 23, 2015 9:29 AM EST


Spotify Wins Over Apple in Music Streaming Market

Spotify has solidified its spot as the winner of digital music battle over Apple music. The Swedish company is now leading the digital music streaming over Apple Music and other players like Rdio or Rhapsody.

Dec 22, 2015 11:25 PM EST


Google's new feature allows users to login without password

Google is testing a new feature that will allow the users to sign into their Google accounts without having to type password. The users will only have to authenticate the login with their smartphones.

Dec 22, 2015 10:35 PM EST


Twitter files patent for drones controllled by tweets

Twitter was granted a patent for a tweet-controlled drone officially marking its participation in the drone race. According to the patented description, the drone can be used to take photos and videos that can be shared on user accounts.

Dec 22, 2015 10:06 PM EST


Kazakhstan ups gold buying spree with Russia

Kazakhstan, Russia and Turkey have been expanding their gold reserves. Kazakhstan continued to buy gold for 38 months in a row. Bullion analysts said that as part of their long-term strategic need, emerging economies are buying gold.

Dec 22, 2015 9:49 PM EST


Kinder Morgan, Andersons set sights on ethanol projects

Anderson Inc and Kinder Morgan Inc have drawn up separate plans for ethanol projects. The demand for ethanol is rising as gasoline consumption is increasing on cheaper prices. It's expected that ethanol blend may surpass the 10 percent blend wall limit in 2016.

Dec 22, 2015 9:43 PM EST


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