China devalues Yuan, Sends Shockwave to Global Market, and Bringing stocks down
China devalued Yuan for the second time in a row, shocking the world market, bringing stocks, commodities, and currencies down.
Aug 13, 2015 2:47 AM EDT
Verizon develops technology making Internet 1,000 times faster
Good news for movie buffs. Verizon has successfully tested a new broadband technology allowing users to download a movie in a matter of seconds.
Analysts bet on Macy's, Alibaba, Cisco and News Corp; quarter earnings to be announced
Macy's, News Corp, Alibaba and Cisco are scheduled to report their quarterly revenue on Wednesday. Analysts are eyeing the movement of four companies in the stock market.
Judge Rules NYC Responsible Banking Act Unconstitutional as it Conflicts with Existing Federal and State Statutes
Responsible Banking Act that sought to be socially responsible to their low-income neighborhoods was deemed unconstitutional by the federal court.
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Ford Motor Company moves production of F-650 and F-750 truck from Mexico to Ohio
Ford is moving its production of F-650 and F-750 commercial truck from Mexico to Ohio to save expenses.
Aug 12, 2015 10:54 PM EDT
Verizon dumps annual contracts; Here's how to save money with your phone bills
The nation’s largest wireless company is ditching its two-year service contracts, offering a new system that allows customers to buy phones upfront or pay for it through a two-year monthly program. This brings plenty of benefits, especially when it comes to saving more money for a phone.
Aug 12, 2015 10:50 PM EDT
Brands will surely get noticed at 2016 Olympics in 7 new ways
It is still a year before the 2016 Summer Olympic Game to be held in Rio de Janeiro, but different marketers of all sorts began the countdown. David Berkowitz, CMO of MYR said that his firm has released a report from Marketer's Road to the Olympics emphasizing the different marketing strategies to showcase brands.
Aug 12, 2015 10:47 PM EDT
Traders and hackers earned $100M on stocks from stealing news
Two hackers and a group of traders had earned $100M illegal profit on the stock market taking advantage of 80,000 cracked advance press releases from three online news websites for five years.
Aug 12, 2015 10:24 PM EDT
Warren Buffett buys aerospace supplier - his biggest acquisition ever
Warren Buffett makes his biggest acquisition ever, buying aerospace supplier Precision Castparts for $37.2 billion, including its debt. Buffett says the company's CEO Mark Donegan made quite an impression during their first meeting, prompting him to make an offer.
Aug 11, 2015 11:29 PM EDT
The New 10: Eleanor Roosevelt leads survey as the new face for $10 bill
Eleanor Roosevelt is leading the votes in the recent survey conducted by The Marist Poll on who among American women should be in the next $10 bill.
Aug 11, 2015 11:24 PM EDT
Adobe joins tech industry move to offer better parental leave benefits
Adobe Systems, Inc. made significant changes to their parental leave policy to offer better work-life balance to employees.
Aug 11, 2015 11:17 PM EDT
These are the US cities with higher wage growth than the national average
The recovery in the US economy is creating more jobs, thus increasing the demand for manpower and pushing the wages upwards. Some cities are registering over 4% wage growth.
Aug 11, 2015 10:52 PM EDT
Night navigation with Google Maps now made easier, safer
Google has added a new feature called 'Night Mode' that enables users to navigate through the routes during the night time without suffering from eye strain or temporary blindness due to a phone's bright light.
Aug 11, 2015 4:24 AM EDT
Google forms a conglomerate with Alphabet as the umbrella company
Google will be replaced by Alphabet Inc. as its new corporate name. CEO Larry Page and President Sergey Brin will still head the corporation. Sundar Pichai was promoted as the new Google CEO which will focus on its internet services.
Aug 11, 2015 4:22 AM EDT
Fed's Fischer says US inflation rate temporarily low while labor market is on a rebound
Vice Chairman assures that the low inflation rate experienced by the US is only temporary and will soon normalize and prices of oil and raw materials stabilize.
Aug 11, 2015 1:48 AM EDT
Verizon Wireless dumps annual smartphone subscription, offers new affordable rate plans
Verizon Wireless replaces annual smartphone subscription with new affordable rate plans as one of the Verizon spokesperson confirmed it will no longer offer contracts and device subsidies.
Aug 11, 2015 1:37 AM EDT
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