The Obamacare Surprise: Few people availed of early retirement
University of Michigan retirement analyst Helen Levy and colleagues Thomas Buchmeuller and Sayeh Nikpay found that there is no evidence of increase in retirement among people from ages 55 to 64 in 2014 than in 2013.
Sep 02, 2015 12:07 AM EDT
Teen retailer Forever 21 turns to outside investors for $150M loan
Forever 21 see slumps in sales and profit due to its push to larger space stores. It now resolves to get a $150 million loan from outside investors for aide.
Millions of Medicare members face 52% higher premiums in 2016
Some 30 percent or 50 million elderly Medicare-dependent Americans could pay could pay higher premium rates for their Medicare Part B in 2016 due to a quirk in the law.
Rolls-Royce dragged into Brazil's corruption scandal, accused of giving kickbacks to authorities investigating Petrobras
Rolls-Royce is allegedly involved in the giant Brazilian Scandal involving bribery among officials to win contracts with state-owned oil giant Petrobras.
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Greece elections: Clear mandate holds the key on $96-bn bailout package
Greece is heading for elections next month as Tsipras-led Syriza Party and Evangelos Meimarakis-led New Democracy Party are in the fray. Unless there's a clear majority, no party can take key decisions on the third-round of the bailout package, over which Tsipras opted for elections to seek new mandate from the people.
Sep 01, 2015 11:53 PM EDT
Chinese funds inflow creates jobs in US, but concerns also
Chinese companies have established their factories and business operations in the US. Though Chinese funds inflow created jobs in the US, the dragon country's presence has become a cause of concerns fo America. Yuan depreciation is making rounds in the US election campaign also.
Sep 01, 2015 11:50 PM EDT
What's distracting China: Economy or market sell-off?
The difference in downfall among Chinese and other global markets indicates that the dragon country is suffering more from economy point of view. The real problem for China is not market sell-off, but its domestic economy challenges.
Sep 01, 2015 11:44 PM EDT
Google self-driving car does have wipers- not on the windshield but over its sensors
Google's prototype cars with a steering wheel and without any tool to control it are on display in Austin. Self-driving cars are expected to bring technological revolution in the global automobile industry.
Sep 01, 2015 11:43 PM EDT
Foxconn Technology denies termination of $1B investment in Indonesia
Contrary to the reports, Foxconn denies the allegation that they are pulling out the $1B investment deal in Indonesia.
Sep 01, 2015 11:37 PM EDT
Fiat Chrysler offers $100 debit cards to those affected with US vehicle recall
Fiat Chrysler lures owners of recalled vehicles $100 debit card for repairs and discounts of up to $2000 for those who opt to trade in and purchase new cars.
Sep 01, 2015 11:36 PM EDT
Gear up for China growth slowdown, IMF tells emerging nations
International Monetary Fund's (IMF) Managing Director Christine Lagarde said the world should brace up for China's economy slowdown. IMF further said that gwoth will be moderate and below its previous forecast made two months ago.
Sep 01, 2015 11:34 PM EDT
Chipotle sued for GMO-free food claims
Chipotle claimed that it is the first restaurant to offer GMO-free food but one customer challenged their claim as misleading.
Sep 01, 2015 11:33 PM EDT
Google's OnHub promises better Wi-Fi
At this point, Google's OnHub is out on stores. It is a wireless router which costs $200. There are speculations that Google made it to connect devices under Google Weave; the Internet of Things.
Sep 01, 2015 11:30 PM EDT
More accounting errors delay Toshiba's annual forecast
Several discovered new errors inhibit Toshiba from closing its books and announcing its annual revenue. CEO accepts accountability and will resign voluntarily if dealine is not met.
Sep 01, 2015 11:22 PM EDT
Despite poor stock market performance, good things are on the horizon for Twitter, said analyst
Despite its low performance in the stock market, analysts is optimistic that Twitter is headed somewhere good due to a few important factors.
Sep 01, 2015 11:21 PM EDT
A lifestyle tax for couch potato retirees? Get up and read this standing up
A tax bull on retirees who live in a sedentary lifestyle and this may be just a joke from a finance professional, but baby boomers and other seniors should wake up and avoid that couch-potato lifestyle to not ruin their lives.
Sep 01, 2015 11:19 PM EDT
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