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Growth rate of new businesses slow; Women-owned firms increasing - census

The U.S. Census Bureau Data shows that there is a 27 percent increase of women-based business in America from 2007 to 2012.

Aug 21, 2015 2:09 AM EDT


VW owners are in danger - study

A paper detailing a security vulnerability in Volkswagen security technology is being presented in Washington DC after being blocked for two years by the UK High Court

Aug 21, 2015 2:06 AM EDT


Global sluggishness erodes $9B in Norway's pension fund

Several factors including sluggishness in the US, EU markets, poor returns on bonds, oil price drop, Greece economy crisis impacted the world's largest soverign fund, Norway's Pension Fund, in a negative way.

Aug 21, 2015 2:00 AM EDT


Indiana University and Adidas Signs a $53.6M Deal

Adidas and Indiana University extended their contract to another eight years and signed the deal at $53.6 million.

Aug 21, 2015 1:55 AM EDT


Hyundai, Kia changes China executives after sales slump

Hyundai-Kia Motors change corporate structures in the hopes of improving market performance in China. The company plans to improve its selling strategies to cope with the ever-changing needs of the Chinese market with the help of new executives.

Aug 21, 2015 1:53 AM EDT


H&M Sales Rise by 16%

H&M increases sales in July by 16%, up 4% from analysts' predictions. It is already their tenth consecutive month of enjoying sales rise of at least 10 percent. H&M in its press release said that it will release its updated third quarter report on September 15 of this year.

Aug 21, 2015 1:50 AM EDT


European bailout fund grants release of aid to Greece

European bailout fund supervisors have approved the release of the first tranche of financial aid to economically-troubled Greece. This comes after the German parliament and other assemblies in Europe adopted the €86 billion bailout package for Greece.

Aug 21, 2015 12:53 AM EDT


Big Data in Food Production: FarmLogs helps farmers increase crop yields using flow sensors and satellite imagery

Jesse Vollmar had created a software called FarmLogs to help farmers increase production through cloud computing, enlisting significant data they needed using flow sensor technology and monitoring farm fields by using satellite imagery.

Aug 21, 2015 12:49 AM EDT


IMF dashes hopes of China; Yuan still out of fund's currency basket

The IMF board has decided to keep the current basket of currencies as it is and China will have to wait for one more year to make its currency a part of the fund.

Aug 21, 2015 12:39 AM EDT


Twitter aims to create more content partnerships in Asia Pacific and the Middle East

Twitter is now looking to create deeper inroads into the regions of the Asia-Pacific and the Middle East. the social media giant has tapped their own Singapore-based executive Rishi Jaitly to lead teams to be spread out all across the different sections of the regions, according to Reuters.

Aug 20, 2015 3:52 AM EDT


Lowe's Companies reports Q2 $1.13B fiscal earnings but failed to meet Wall Street's expectation

Lowe’s Companies Inc reports a $1.13 billion for the second quarter of 2015. This is an eight percent increase from last year’s $1.04 billion. This means its net income is $1.20 per share, which is lower than Wall Street’s expectation of $1.23.

Aug 20, 2015 3:50 AM EDT


Gazillion points not needed, Get free flight for just 4,500 Avios points through British Airlines

There may have been changes and speculations on how much points one must have to avail free flights. But British Airways Avios offers an easier and a lot cheaper way to avail these “free” flight programs.

Aug 20, 2015 3:47 AM EDT