US wage growth at 6-year high; All eyes on US Fed
The US wage growth of 2.5 percent in October reaches its highest since July 2009. Beating forecast of 182,000, the US economy created 271,000 jobs during the month. The unemployment rate fell to five percent indicating its lowest level since 2009.
Nov 09, 2015 3:48 AM EST
Verizon plans to sell its business for $10 billion
Verizon plans to sell parts of its business for $10 billion in order to focus on its core business. The company would sell its internet and cloud services, and plans to focus on mobile services.
Putnam farmers venture into agritourism; West Virginia Farms think beyond the corn maze
Although corn mazes and pumpkin patches provide additional revenue and interest, agritourism activities exist. A group of West Virginia producers even found out other agritourism opportunities.
Toyota to invest $1B to establish artificial intelligence company in US
Carmaker Toyota will invest $1 billion over five years as it will establish a research company named the Toyota Research Institute, in Silicon Valley. The company will focus on artificial intelligence and robotic technologies.
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Wells Fargo to pay $81.6M to homeowners in bankruptcy
Wells Fargo - one the largest banks and 30th biggest corporation in the US- has come to a settlement with the US Trustee Program of the Department of Justice over errors in sending out Payment Change Notices.
Nov 09, 2015 1:50 AM EST
TPP trade pact draws flak for eroding online rights
The much-awaited text of Trans-Pacific Partnership (TPP) has been made available online and has become a center of criticism globally. Consumer protection organizations and citizen forums are raising their voices against TPP as it erodes online rights and also restricts governments on protecting citizens' data.
Nov 09, 2015 1:29 AM EST
Toshiba intends to offload $7B US gas commitment
Toshiba is in a hurry to offload its 20-year commitment on LNG imports as much as possible as it becomes unviable for the electronics major. The total liquefaction charges will be $7.4 billion for Toshiba over 20 years.
Nov 09, 2015 1:24 AM EST
Two Fed officials say rate hike likely next month
Fed Chairperson Janet Yellen and another senior official of the central bank see interest rates going up next month. But they say that will depend upon incoming economic data.
Nov 09, 2015 1:20 AM EST
Nvidia clocks 42% growth in EPS in Q3
Graphics processor maker Nvidia has posted 42 percent growth in earnings per share (EPS) of 44 cents a share during the third quarter ending October 2015 from 31 cents in the previous corresponding quarter.
Nov 09, 2015 1:19 AM EST
Japanese scientists will make mobile’s screen as strong as cast iron
Scientists at University of Tokyo, Japan, has created a new ultra-hard glass. The strength test of the glass using the Young's model resulted to higher ratings than Gorilla Glass 4.
Nov 09, 2015 1:12 AM EST
TalkTalk Hack Figures are less than what was originally reported
The reported number of hacked accounts are not as much as first reported when the news of as the TalkTalk incident escalated.
Nov 08, 2015 11:24 PM EST
Xiaomi sold 1 million smartphones in India
Xiaomi reported 1 million handsets sales during the third quarter in India, its second biggest market.
Nov 08, 2015 11:18 PM EST
Sweden-based Anoto Group AB Acquire Long time partner Livescribe for $15M
Digital writing company Anoto has agreed to acquire smartpen maker Livescribe for $15 million. Swedish-digital writing company Anoto has agreed to acquire California-smartpen maker Livescribe for $15 million.
Nov 08, 2015 11:14 PM EST
German Industrial Production down 1.1%
German industrial output surprisingly declined to 1.1 percent month-on-month for the third quarter, opposite to economists’ projection of a 0.5 percent increase.
Nov 08, 2015 10:49 PM EST
Different Apple Watch Categories Launched in India
Apple company launched its recently introduced device, Apple watch in India Saturday, which is available in different sizes, colours and categories.
Nov 08, 2015 10:41 PM EST
Chronos Turn Your Favorite Wrist Watch Into Smart Watch
Trivoly, a startup company offer an innovation in the slowly saturated market of smartwatch. Chronos, is a tiny disc that will turn everyone's favorite watch into smartwatch. Scheduled for shipping worldwide in February 2016.
Nov 08, 2015 10:25 PM EST
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