Anonymos couple from Minnesota drops a check of $500,000 Into Salvation Army Kettle
Over the weekend, an anonymous couple from Minnesota contributed $500,000 worth of donations. They dropped the check into the Salvation Army kettle, without the conscience of anyone. The generous contribution has made the Christmas campaign get closer to its goal of $11.6 million.
Dec 02, 2015 1:34 AM EST
Canadian startup found the new wireless technology to replace security camera
Cognitive System, a Canadian startup, has developed a new technology to visualize wireless signals. The new platform called Amera is powered by R10 chip that is able to analyze any wireless signals from electronic devices.
Chinese buyers step back from US housing market
After witnessing peak level this year, the Chinese investments in the US property markets have suddenly changed the direction. The Chinese government's restrictions on capital outflows and devaluation of Yuan have become major hurdles for the dragon country's investments in the US housing sector. The economy slowdown and sluggish financial markets were prime reasons tha propelled Chinese investors to invest heavily in overseas markets mainly the US, London and Canada.
Samsung’s new patents reveal foldable smartphone and tablet designs
Samsung has patented new design innovations for smartphones involving foldable displays. The new patent shows off foldable and bendable smartphone designs as well as scrolled smartphone design.
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Iron ore below $40 in Singapore on surge in supply
The slowdown in China is pulling down the demand and putting more pressure on iron ore prices. The iron ore futures contracts in Singapore fell below $40 a ton for the first time. The market players are concerned over continuous supplies of iron ore. Many steel mills have decided to cut down production level from 2016 onwards.
Dec 01, 2015 10:23 PM EST
India's economic 7.4% growth surpasses China's 6.9%
India reported a 7.4 percent economic growth in the third quarter, surpassing China’s 6.9 percent for the same period due to strong domestic demand and improved industrial productions.
Dec 01, 2015 10:06 PM EST
JPMorgan leaves bonus pool unchanged since 2014
The change in regulations is keeping a pressure on investment banks. Owing to weaker revenues, several investment banks are slashing down on bonus payout. JPMorgan Chase & Co is keeping its bonus pool unchanged from 2014. However, this decision is subject to the trading performance in December.
Dec 01, 2015 9:53 PM EST
Alberta regulator extends bid time for Canadian Oil Sands
Alberta Securities regulator has given one more month for Canadian Oil Sands to accept or reject the takeover offer from Suncor Energy. The Canadian Oil Sands' board is examining alternatives to continue as an independent company or look at rival offers.
Dec 01, 2015 9:44 PM EST
Court orders Anadarko to pay $159.5M penalty for 2010 Deepwater Horizon oil spill
Petroleum company Anadarko was ordered to pay $159.5 million as part-owner of BP's Macondo Well that caused the biggest oil spill in the U.S. The oil spill caused an explosion that killed 11 people and a massive oil spill in Gulf of Mexico in 2010.
Dec 01, 2015 9:24 PM EST
Chemical firm Chemours cuts 5 percent of its global workforce
Chemours Co announces that the company will layoff some 400 of its workforce globally including 50 in its own headquarters in Wilmington. The company announces that the layoff is part of its ongoing effort to reduce its operating cost.
Dec 01, 2015 9:14 PM EST
"Grow" your Own Artwork on Paper with Living Ink Technologies' Algae Ink
Living Ink Technologies have created a pen whose ink is created from algae. The designed created by the pen only appear after a few days in the sun.
Dec 01, 2015 8:18 PM EST
Amazon Prime Air gives customers a glimpse of the future of delivery in its new video
Amazon released a video demonstrating a working prototype of a hybrid drone promising to deliver goods to customers in 30 minutes or less.
Dec 01, 2015 8:14 PM EST
Swatch Group Teamed with Visa to develop watch capable of wireless payments in 2016
Swatch Group AG partnered up with Visa Inc to sell mobile payment watch called Swatch Bellamy that can make contactless payments in the United States, Brazil, and Switzerland early 2016.
Dec 01, 2015 8:12 PM EST
U.S.Gas Price Hit The Lowest in Seven Years
Gas price all across U.S is reaching its lowest since 2008, with Michigan as the lowest in all states.
Dec 01, 2015 5:41 AM EST
Google Recruited Tesla's Autopilot Manager
Robert Rose who lead the Tesla autopilot project has been hired by Google to work in Google Robotics.
Dec 01, 2015 5:32 AM EST
Experts and Property Companies Doubt George Osborne Housing Plan
Britain's Finance Minister George Osborne annnounced that housing is the biggest priority in his 2015 bi-annual budget review in the House of Commons.
Dec 01, 2015 5:28 AM EST
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