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McDonald's Japan Shares Plunge After Report That US Parent Company May Sell Stake

McDonald fell the most in almost five years after a report that says the American fast food chain was looking for investors to offload its stake in the Japanese that's struggling to recover from a series of food scandals. McDonald's Corp., the U.S. parent company, is reportedly looking to gain about 100 billion yen ($825 million) and has asked potential buyers to respond by mid-January.

Dec 22, 2015 07:50 AM EST


2015 Cybersecurity market to reach $75B, will continue to grow

The global cybersecurity market continues and is expected to reach $75 billion in 2015. It is anticipated to continue its growth for the next five years to $170 billion by 2020.

Dec 22, 2015 03:33 AM EST


Hillary's tough financial measures shrugged off by Wall Street

Wall Street is not worried about Hillary Clinton's proposal of stringent measures. The Democrat Presidential candidate is facing criticism over the contributions received from the Wall Street. Hillary said the donations from securities and investment segment are less than three percent of the total contributions she received.

Dec 22, 2015 08:23 PM EST


Fake explosive device forces Air France flight to make emergency landing in Kenya

A fake explosive was found on an Air France plane en route from Mauritius to Paris, forcing it to make an emergency landing in Kenya.

Dec 22, 2015 02:00 AM EST


Panasonic to acquire US refrigeration firm Hussmann for $1.5 billion

Japanese electronics maker Panasonic announced it has agreed to buy the U.S. refrigeration firm Hussmann in a $1.54 billion deal. The deal is expected to close in April 2016.

Dec 22, 2015 10:00 AM EST


United Airlines' dog therapy to ease travel stress

In addition to cookies, good coffee and other refreshments, United Airlines is offering an innovative service to its passengers to deal with stress. The airline is keeping trained dogs at seven major airports for its passengers to spend waiting time. Research shows that dogs help people getting out of the stress.

Dec 22, 2015 09:53 AM EST


Turing CEO Martin Shkreli Arrested for Securities Fraud

Martin Shkreli, now a former CEO of Turing Pharmaceuticals was arrested last week for security fraud. Shkreli was known for his notorious hedge fund activities in phamaceutical industry.

Dec 22, 2015 09:16 PM EST


German labor union Verdi calls out strike for Amazon workers

Amazon German employees have been called out for strike by labor union Verdi. It is the third consecutive year of the strike, aiming to raise pay rates and provision of other benefits. The company's warehouses opened in Poland and Czech Republic provides workers with wages, which is quarter to what earned by German workers.

Dec 22, 2015 09:34 AM EST


Russia will continue to develop nuclear weapons; but will not use them

Russia will produce more nuclear weapons but promises not to use them.

Dec 22, 2015 01:38 AM EST


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