Company Report: Hong Kong Disneyland Reported $19.1 Million Loss As Fewer Chinese Tourists Visit the Theme Park
Hong Kong Disneyland reported its first loss since 2012. Fewer tourists had come to visit the resort and theme park, with the biggest decline from Chinese tourists. China’s economic slowdown, along with political instability and the emergence of Shanghai Disneyland is believed to have affected the Chinese tourists.
Feb 16, 2016 6:53 AM EST
Tesla's Summon feature to Fortify Company's Entry into Autonomous Driving
Tesla has release it's Summon software update that will allow users of its Model S to remotely park their cars. The technology will also increase the safety for the driver.
Stentrode to channelize power of mind to move bionic limbs
The Royal Melbourne Hospital is on the verge of a medical breakthrough with its 'Stentrode' - a small, paper-clip-like brain implantation that is said to bring back mobility to paralyzed patients. This cure will eliminate the need of an open brain surgery, and the first clinical trials on human are slated to begin in 2017 in Melbourne.
Advisory Services of Barclays, Credit Suisse and Evercore Fail To Protect Apollo Education From Acquisition
Barclays, Credit Suisse and Evercore have acted as financial advisers to Apollo Education. Despite their advisory efforts, the institution has incurred a loss of $60.8 million during the last concluded fiscal quarter. Finally, Apollo Education has been compelled to go through acquisition for $1.1 billion.
Latest News
Ebola Vaccine Will Now Be Available As Gavi Signed $5 Million Deal To Prevent Future Outbreaks, Commits Merck To Keep 300,000 Vaccines Ready
Gavi, a world vaccine alliance, has made a $5 million deal with Merck regarding vaccine supply for future outbreaks. Merck has to provide 300,000 vaccines as a preparation to protect people from the next Ebola crisis.
Jan 25, 2016 8:38 AM EST
Freshii to Help Consumers Through 'These Dark Hours' as Chipotle Closes Stores Nationwide for Employee Meeting
Chipotle will close their stores across the country on February 8 for a few hours so that corporate officials can discuss the new steps the company is taking about food safety. The chain has been hit by frequent outbreaks of food-borne illnesses in the past year, with the cause not yet announced.
Jan 21, 2016 7:53 PM EST
Jobs That Are Most Stress Free And The Brighest
Stress at work sometimes cannot be avoided. However, certain jobs have lower stress levels, including Information Security Analyst, Diagnostic Medical Sonographer, University Professor, and Hair Stylist.
Jan 18, 2016 9:27 PM EST
5 US airlines hike base fares
The US-based five airlines - Delta, Southwest, American, United and Virgin America have raised base fare on domestic travel. The hike is effective for corporate, leisure and discounted fares. Airlines are bullish on margins as business travel is expected to be stable even leisure travel takes a dip. The five airlines control 80 percent of the US domestic travel. Airlines are set to post surge in operational profits owing to lower fuel costs.
Jan 08, 2016 4:56 AM EST
Marijuana Legalization Made Mexican Small Pot Farmer Lose Profit
Loosening marijuana law in United States made small farmers in Mexico lose their profit, as more states lifted restriction on marijuana. However, Mexican drug cartel may not be affected much with the legalization.
Jan 06, 2016 7:23 AM EST
Burger King’s 5 for $4 deal to beat competition
The 2016 began on a competitive note for fast food chains. Burger King, McDonald's and Pizza Hut have rolled out new value menus. Burger King has launched 5 for $4 deal to attract more number of consumers. McDonald's unveiled McPick 2 for $2, while Pizza Hut has also rolled out $5 Flavor Menu.
Jan 06, 2016 3:13 AM EST
2016 may generate 3.5mn jobs in India
The year 2016 may witness encouraging employment generation, but moderate salary rise. The inflation rise will erode the salary rise benefits. India and the UAE may record robust job growth rate. IT, app economy, retail and BFSI sectors to lead emplyment generation of about 3.5 million in India. Dubai Expo-2020 may play a key role in jobs growth rate in the UAE.
Jan 05, 2016 4:07 AM EST
Now, Chinese couples can have two kids legally
Ending the one-child regime, the Chinese government has decided to allow married couples to have two children. The new law is effective from 1 January 2016 and China will have three million extra babies every year for next five years owing to new law. It'll take the labor force up by 30 million by 2050.
Jan 01, 2016 8:39 PM EST
SeaWorld sues California over ban on killer whale breeding
SeaWorld sues the California Coastal Commission over the ruling that bans the company from breeding killer whales. The lawsuit says that the Commission's ruling is illegal as the whales are not part of the California marine environment.
Dec 30, 2015 8:26 PM EST
WHO declares Guinea free of Ebola transmissions
WHO has declared that Guinea was free of Ebola transmission, after two years of Ebola outbreak in the country. The disease killed more than 11,000 people across 10 countries including Guinea.
Dec 30, 2015 3:05 AM EST
Ways to produce money in college with no job
It is tough for a college student to manage studies and regular job at the same time. However, some ways like selling unwanted stuff and doing online writing can make you earn money fast. There are multiple other ways through which a college student can earn money with no job.
Dec 27, 2015 4:06 AM EST
Starbucks upbeat on record gift card sales on Christmas Eve
American coffee chain Starbucks is bullish on gift card sales this Christmas Eve. It sold 2.5 million gift cards last year. Starbucks has associated with Swarovski for selling $200 gift cards including $50 worth coffee that have been encrusted with crystals.
Dec 26, 2015 8:08 PM EST