Deeper recession, faster CPI, higher rate squeezing Brazil
Latin American nation Brazil is suffering from rising inflation, unemployment and drop in economy growth. The Brazil's central bank is expected to raise interest rate in 2016 and this will further enhance borrowing costs putting more pressure on business and industry.
Dec 15, 2015 9:49 PM EST
Forbes releases report on the Evolution of Marketing Content Operations
Forbes CMO Practice reported how marketing content is rapidly evolving, how it affects the bottomline, and how it defines the role of a company’s chief marketing officer.
Apple Opens an Advanced Display Screen Development Center Secretly in Taiwan
Apple has opened an advanced display screen development center secretly in Taiwan. As the news is not yet out in public, Apple officials are keeping it under the wraps.
Fashion Website Gilt To Be Sold for $250 Million: Hudson’s Bay is the Prospective Buyer
Gilt is into talks with Hudson’s Bay to sell off its business at $250 million. The value of Gilt group is surely slashed from where it was a couple of years ago. The deal is however yet to be finalized early in the coming year.
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Hotels are turning to AirBNB for renting rooms
People globally use AirBNB to rent out spare rooms or an entire house, but now hotels are also using AirBNB to find customers. AirBNB is preferable over Expedia and Priceline as it charge just 3% fee per reservation. Hotels and hostels situated in Los Angeles, Denver, Chicago, Honolulu are also using AirBNB platform.
Dec 15, 2015 7:46 PM EST
Best Ways to Save Money During the Holiday Season
It is officially a holiday season and also an official month of spending vs. saving. A recent survey found that 57 percent of those who participate in holiday gift-giving began their shopping in early November. This was up from 54 percent in 2014 and 49 percent in 2008. Holiday season does not have to be a financial burden if you plan accordingly and implement effective strategies. To help you save money on holiday shopping I’ve compiled a list of some tips and tricks you can follow to achieve your goal.
Dec 15, 2015 5:25 AM EST
The AnnaBis: The Purse that Hides the Smell of Your Weed Stash
Two women in New Jersey have created the AnnaBis accessory line. The purses and clutches all have liners that mask the smell of weed.
Dec 15, 2015 5:11 AM EST
Apple Opens Secret Laboratory in Taiwan To Develop New Screens
Apple has opened a secret production laboratory in northern Taiwan where engineers are developing new display technologies, according to people with knowledge of the facility. The lab, located in Longtan, has at least 50 engineers and various other employees working to develop iPhone and iPad displays.
Dec 15, 2015 4:59 AM EST
Apple Inc Acquired the San Jose Chip Making Plant for $18.2 Million
The San Jose chip manufacturing facility plant is purchased by Apple Inc. for $18.2 million. The purpose of buying the plot is still not known. Samsung semiconductor is the new neighbor for Apple after this recent purchase.
Dec 15, 2015 4:38 AM EST
China leaves US, Japan behind in patent race
With 928,000 patent applications in 2014, China emerged as the leading country in the patent race, surpassing the US and Japan, which ranked at second and third positions respectively. China's patent applications rose 12.5 percent during the year, the US grew 1.3 percent, while Japan declined by 0.7 percent. The total number of patent applications in 2014 were 2.7 million.
Dec 15, 2015 4:00 AM EST
FAA announced drone registration starts December 21
The FAA has unveiled the drone registration process, which is expected to start on December 21, before the holiday season. The drones purchased after that will have to be registered before their first outdoor flight. However, a large group representing model airplane users are not happy with the move.
Dec 15, 2015 3:59 AM EST
Baidu Self Driving Bus to Hit the Road in Three Years
Baidu Inc., the China Internet giant prepares its self-driving bus to hit the road in the next three years.
Dec 15, 2015 3:54 AM EST
Kia Self Driving Car Will Roam Nevada Road
Nevada public road will see a KIA car without driver roaming the road as the Korean company obtain a license to test its autonomous driving technology.
Dec 15, 2015 3:52 AM EST
Despite BG takeover, Shell to slash jobs
Royal Dutch Shell is keen on slashing jobs by 2,800 as part of its cost reduction exercise. Shell is acquiring BG Group Plc in a £40-billion takeover, for which it has received all the required regulatory approvals. However, considering the lower oil price, shareholders raise questions that offer is overpriced for BG Group plc. The acquisition deal is poised to be over by early 2016.
Dec 15, 2015 3:42 AM EST
Prismatic will shut down its news app for iOS, Android and Web
Prismatic declared that it will no longer be available for iOS, Android, and web news reader products
Dec 15, 2015 3:41 AM EST
Airbus owners reach out future operators for Singapore Airlines’ planes
The owners of five Airbus' A380s leased to Singapore Airlines seek for potential future operators for the planes as the Airlins is still mulling whether to extend the leases.
Dec 15, 2015 3:36 AM EST