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Michael Jordan proves he wasn’t after the money, Donates $8.9M to charity

Jury awards Michael Jordan $8.9 million to Michael Jordan after grocery store chain Dominick's used his identity for a steak ad. Jordan plans to donate all money to charity.

Aug 25, 2015 3:51 AM EDT


Currency carnage melting down London property boom

The fall in emerging economies currencies and rising British pound value are creating hurdles in the London's property markets. the strength of British pound is making London real estate costlier for overseas buyers.

Aug 25, 2015 3:50 AM EDT


New BhS owners are looking for £70M to finance revival

New BhS proprietors are now looking for funds to back their recovery plan for the store chain. Retail Acquisitions, the new owner of department store chain BhS seeks for funding of 70 million pounds several months after buying it.

Aug 25, 2015 3:49 AM EDT


Ashley Madison victims now being blackmailed

First the Ashley Madison hacking and now the extortion follows. Recall that there were more than 30 million profiles that were included in the data dump of the so-called cheating website.

Aug 25, 2015 3:48 AM EDT


China plans to boost lending to support slowing economy - report

After devaluing its currency, China takes another step to support its slowing economy. The world's second biggest economy is reportedly planning to free up funds for lending by cutting banks' reserve requirements.

Aug 25, 2015 3:47 AM EDT


Oil price gets below $39 for first time since 2009, China economic slowdown to blame?

Oil Prices sank to $39, the lowest it has been since 2009. Unstable Chinese economy, increase in supply, and a decrease in demand are some of the major reasons for the continuing decrease of oil prices.

Aug 25, 2015 3:46 AM EDT


Apple falls, along with other tech giants and the US stock market

Apple’s shares went down by as much as 7 percent last week, as the U.S. stocks also dropped. Other tech giants are also affected by the market volatility. Netflix and Facebook are among the companies that took a hit from the presently volatile days in Wall Street.

Aug 25, 2015 3:17 AM EDT


Get most out of your Fundraising in Silicon Valley; Learn the Tips and Tricks from Mattermark and more

Mattermark CEO and co-founder Danielle Morrill gave a tweetstorm of advice on how to get the best out of your fundraising in Silicon Valley.

Aug 25, 2015 3:14 AM EDT


From digging low to getting high: Junior miners pivot to medical marijuana as commodities hit bottom prices

As metals prices are crashing, junior miners, who are hit the most, are transitioning to other ventures, from egg exporting to marijuana farming.

Aug 25, 2015 3:13 AM EDT


Airbnb for Business now has over 1,000 corporate signups

Over 1000 businesses signed up for Airbnb’s new website “Airbnb for business,” which makes it easier and more convenient for travelling business people to find the right place to stay during their travel.

Aug 24, 2015 11:19 PM EDT


Trump's tax plan to amp US economy

Donald Trump, a Republican presidential nominee will try to win his race by proclaiming his tax plan that will lift US economy and free corporates and the middle class from the burden of paying high taxes. Some anchors agreed that lower taxes means more jobs, more money in the pockets of people and more spending.

Aug 24, 2015 10:33 PM EDT


Deloitte's partners report average earning of GBP822k

Deloitte, leader among the Big Four accounting firms, posted encouraging revenues for the last year. The accounting firm's revenues were up 6.4 percent to GBP2.71billion, while the average earnings of its 721 partners rose 9.6 percent to GBP822,000 in 2014.

Aug 24, 2015 10:32 PM EDT


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