U.S. cities with highest rental rate increase
Rents are increasingly higher in the South and Pacific compared to the cities located in the Northeast and Midwest. California and Florida are two cities among with the highest rent hike.
Oct 23, 2015 4:07 AM EDT
Abbey Road Studios is entering the tech industry
Abbey Road Studios announces a new initiative by the company to become an incubator for music related tech starup. Currently there are few startup under the companies and more startup is expected to join soon.
Amazon to increase workforce for the holiday seasons
Holiday season is fast approaching prompting every store, online or not to accommodate customer demand on sales and customer service.
Alphabet reports an increase in revenue and announces shares buyback plan
Alphabet Inc, parent company for Google announces that the company third0quarter revenue increases by 13 percent. The company also announces shares buybcak plan of up to $5.09 billion.
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Australia further delays $70-bn Shell's acquisition plan of BG
Royal Dutch Shell's $70-billion takeover of BG Group has been delayed as Australia's competition watchdog has postponed its final decision till 19 November. Australian Competition and Consumer Commission (ACCC) cited reasons that market participants expressed their concerns about the takeover that would impact the gas supply competition .
Oct 23, 2015 2:23 AM EDT
Drop in China sales hits Hyundai's profit
Hyundai Motor Co's net profit for the third quarter ending September fell 23 percent. The steep fall in China sales coupled with aggressive global incentives impacted the South Korean automobile major's performance in a more negative way. It missed analysts' forecast.
Oct 23, 2015 2:16 AM EDT
Beware of The Chip Credit Card Scam Emails: They Can Steal Your Identity
As financial institutions are currently in the process of transitioning their cardholders to EMV chip-embedded credit and debit cards, scammers are trying to take advantage by targeting those who have not yet received their new chip-embedded cards.
Oct 23, 2015 1:09 AM EDT
Joe says "No": Biden won’t run for president in 2016
Joe Biden, the US Vice President, stated that he would not run for 2016 presidential nomination. Without Biden in the list of candidates, Clinton's poll lead jumped.
Oct 23, 2015 12:52 AM EDT
Biogen to cut 880 jobs and end several research projects in company restructuring
Biogen stated that it will cut about 880 jobs and stop some research project in drug developments due to the company restructuring. The move will save $250 million in a year and will be invested back for more promising programs.
Oct 23, 2015 12:49 AM EDT
Google to Launch YouTube Red to Enter the Subscription Streaming Market
YouTube will launch its new subscription streaming service on October 28 with a monthly fee of $99.9, and $12.99 monthly for iOS users.
Oct 22, 2015 10:52 PM EDT
Twitter CEO Jack Dorsey wants to 'reset' their complicated relationship with developers
Twitter CEO Jack Dorsey reconciled with their developers saying he wants to “reset” their fraught relationship.
Oct 22, 2015 10:38 PM EDT
Carl Icahn will spend $150 million to lobby the congress
Carl Icahn had sent letters to vorious congress leader and key members to reform current tax law. According to Icahn, he is planning to lobby the congress by putting $150 million into the Super-PAC.
Oct 22, 2015 10:33 PM EDT
Motorola's new phones said to have 'shatterproof' display, 2-day battery life
Motorola will release Droid Maxx 2, which will have a 2-day battery life, and the Droid Turbo 2, which will have a “shatterproof” display.
Oct 22, 2015 9:52 PM EDT
Japan Tourism Boost Due to Foreign Tourist Influx with Expenditure $8.3 billion, Free Spenders are Chinese Visitors
Japan's Tourism Economy is booming due to Foreign visiting the country. The esxependiture rate ranged into 1 trillion yen ($8.3 billion) and the big spenders contributing the number are Chinese tourists.
Oct 22, 2015 8:50 AM EDT
British Airways to Restart Gatwick LGW to New York JFK route on May 2016
United Kingdom's flag carrier, British Airways is reopening the Gatwick LGW to New York JFK route on May 2016. The said route was teminated several years ago due to commercial reason suspension.
Oct 22, 2015 8:44 AM EDT
United Kingdom To Give off Two Year Multiple Entry Visas to Chinese Tourists to Boost UK Tourism Economy
Amid the Chinese President, Xi Jinping state visit in United Kingdom, the British Prime Minister announced that they are granting Chinese visitors two Year Multiple Entry Visas. The British government is also aiming to strengthen the China-UK relationship.
Oct 22, 2015 8:33 AM EDT
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