Result Page 139 for Archives

Drone to manned aircraft near-collisions encounter reaches 241 cases

There is an increase of drone to manned aircraft near-collision encounters with 241 new cases according to new study released Friday.

Dec 14, 2015 4:48 AM EST

News

A Rare Find: 1970 Ford Mustang Boss 429 found in junkyard

Keith Clark found a very rare real 1970 Ford Mustang Boss 429 back in a junkyard back in 1975 and bought it for just two grand.

News

Blackberry Backs to Tracks: Forefronts Secured Androids

Blackberry possesses 1% chunk of global smartphone market, but still manages to generate $192 million revenue or 41% of global sales from selling 8,00,000 units in Q2 of FY 2016. Blackberry eyes hefty profits by Q4 of FY16 through its unique security features and those include seeking information on developer’s certificate from the apps to be run in the device, which has recognized Blackberry as the forefront in ensuring secured phones that over rides price competitiveness.

Markets

Debt fund blocks investors from withdrawing assets, emphasizing junk-bond plunge

Avenue Focused Credit Fund is blocking its investors from withdrawing their money, which emphasizes the junk-bond decline.

Talks about U.S. confiscated property in Cuba begins

Faced with sorting out nearly six decades of financial claims and counterclaims against one another that run into the hundreds of billions of dollars, diplomats from the United States and Cuba resorted on Tuesday over one of the most contentious issues remaining between the two countries. The two sides are sitting down for the first time to discuss the American properties Cuba confiscated decades ago.

Dec 14, 2015 4:00 AM EST

Paris Talks: All is well for India in deal, except coal line

India’s coal plans came under repeated attack from developed nations and western media during the two-week climate change conference in Paris. India mostly agrees with the Paris agreement to make a transition to renewable energy. But the inclusion of one line in the article dealing with the deal’s purpose might prove to be a big irritant in its plans to build coal-fired power plants

Dec 14, 2015 3:54 AM EST

Public comments flood in as FDA seeks the meaning of “natural” in food labels

The FDA has received thousands on public comments about the use of "natural" labels on foods. The agency asks the public to comment on food labelling until February 10 next year.

Dec 14, 2015 3:28 AM EST

Embarrassing Qatar Airways Debut Flight in the U.S.

Qatar Airways first flight from U.S. ended in an embarrassing failure. Its new Airbus A350 failed to take off in New York's JFK Airport on Thursday.

Dec 14, 2015 3:19 AM EST

DraftKings and FanDuel got temporary reprieve after operations got suspended in New York

A Supreme Court Appellate Division judge gave daily fantasy sports giants DraftKings and FanDuel temporary reprieve to continue its operations in New York until January 4.

Dec 14, 2015 3:11 AM EST

China's oil processing up as plants' operations resume

China’s crude processing surged to record high as the country’s refineries restarted producing up to 10.73 million barrels per day.

Dec 14, 2015 2:59 AM EST

Jumbo jets may be heading to extinction amid changes in regulations, business dynamics

The wide-body, long-range jumbo jets are facing tough competition from new age turbofan engine technology. The new mini-jumbo jets with twin-engines and fuel-efficient offer long-haul flight. Relying on these turbofan engined aircraft, many airlines are switching away from the hub and spoke model, which has been more dependent on jumbo jets. Changes in regulations and business dynamics are seeing the days of heavy jumbo jets numbered. Airbus and Boeing suffer from lack of new orders for their wide-body aircraft.

Dec 13, 2015 10:11 PM EST

To raise money, Syria government imposes tax on Shawarma, restaurants

The Syrian government has imposed taxes on shawarma, and has imposed harsher laws on other everyday life businesses to keep economy going amidst the on-going civil war.

Dec 13, 2015 9:55 PM EST

Colombian central bank hints at rate hike

The Colombian central bank is likely to hike interest rate in its meeting on 18 December. The central bank in its previous three meetings raised the interest rate. The Colombina economy is growing at faster rate than any Latin American economy. However, Colombia is still suffering widening gap of current account deficit.

Dec 13, 2015 9:47 PM EST

Congress to abolish crude export restrictions, oil refiners to receive $3 a barrel tax break

Forty year old oil export restrictions to be lifted in exchange of tax credit conditions from the Democrats.

Dec 13, 2015 9:45 PM EST

Chinese family businesses should learn from Vatican financial discrepancies

Two Italian journalists authored two books -- ‘Merchants in the Temple’ and ‘Avarice.’ These books highlighted the financial discrepancies at Vatican City. The Vatican Bank had a reputation of tax evasion and money laundering. The Vatican Pension Fund has €800-million deficit. Media reports say Chinese businesses have a lot to learn from the Vatican.

Dec 13, 2015 9:44 PM EST

On-demand parking service Luxe offers subcription options

Luxe, a parking service app, now offers a subscription option for consumers who frequently use the valet parking service. Starting at $139 per month, Luxe claims that its subscription service is up to 40% cheaper that current monthly parking option.

Dec 13, 2015 9:35 PM EST