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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

Markets

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.

News

Drama in Greece continues with Tsipras calling the vote

Just when Greece was about to get a new 86 billion bailout package, its prime minister, Alexis Tsipras resigned calling for a snap election on September.

Markets

How to acquire funds for a startup fashion business

Imrad Amed of the Business of Fashion tackled some financing options that startup companies might want to consider.

China GDP slows down, dents mining companies' profits in Q2; raw materials at 6-year low

With prices of raw materials going down, mining companies are reeling under pressure. The slowdown in China economy is impacting their margins. Many mining companies are poised to slash costs.

Aug 24, 2015 4:40 AM EDT

Lettuce as a "Miracle" sugar substitute and other biotech startup projects

More and more research had been conducted to find a substitute for a certain substance or food additive like the sweetener. Recently, lettuce has been a good candidate for producing miraculin, chosen by Alan Perlstein and his team making sure that it is not going to be a GMO.

Aug 24, 2015 3:13 AM EDT

Drop in consumption, exports squeeze Japan’s export basket

Japane suffered drop in exports during the second quarter this year. This coupled with fall in personal conumption put pressure the world's third largest economy slowing down the growth rate to 1.6% as against the forecast of 1.9%.

Aug 24, 2015 2:53 AM EDT

China devaluation: Is it a serious concern for US economy?

The Chinese currency Yuan devaluation is not only impacting Asian economy alone, but also creating tremors in the world's largest economy. The US market is feeling the heat of devaluation of Yuan as it's indirect impact is more on consumer durable products, industry and stock markets as well.

Aug 24, 2015 2:52 AM EDT

These Cuban Guys are Corporate America's bridge to business in Cuba

It has been a half century since Cuba since the Bay of Pigs and now and they are looking for a better future with the diplomacy with America. The raising of the American flag is symbolizes the warming ties between the said countries.

Aug 24, 2015 2:50 AM EDT

ACLU is looking for mistreated Amazon employees

The American Civil Liberties Union is now taking action over the issues concerning Amazon employees.

Aug 24, 2015 2:32 AM EDT

Chicago catching up fast as next Silicon Valley hub

Chicago is emerging as next potential city for future Silicon Valley tech hub as it leaves other citities behind with advantages such as young educated population, affordable real estate, presence of global IT companies, availability of VC funding and other social parameters.

Aug 24, 2015 2:27 AM EDT