A 32-year-old former hedge fund manager, Martin Shkreli got arrested for jacking up the price of a life-saving drug by fifty-fold. However, later he was released on bail through $5 million. He is also alleged of punching up a photographer outside a courthouse.

Dec 22, 2015 03:42 AM EST

James Packer’s Consolidated Press Holdings is in speculation that it was going to team up with private equity and take parts of Crown Resorts private. The circulated news cause its share price to soar higher and was query by the Australian Stock Exchange.

Dec 21, 2015 01:25 AM EST

Amazon, the online sales store has decided to shun selling of self balancing scooters or hoverboards after Trading Standard, Product Safety watchdog confiscated some 15,000 hoverboards, those have been brought to UK for selling. Non compliant UK plugs, faulty chargers and cables have caused fire incidences in UK, USA and Hong Kong. Moreover, faulty design containing lithium ion- powered battery emits radiation that may cause fire and so aircraft have also slapped ban on carrying any sort of self driving scooters.

Dec 18, 2015 05:41 AM EST

The Pacemaker DJ has released its latest update to allow users more freedom and ease to transition between songs and create any mix they want.

Dec 18, 2015 04:01 AM EST

Mistery Santas gave Christmas gifts to Walmart's shoppers in three states by paying off their layaway orders. The total amount of anonymous donations reached $484,000.

Dec 20, 2015 09:51 PM EST

Saudi Arabia completed its first election earlier this week with women able to vote and compete for local council seats. 20 women were elected.

Dec 18, 2015 03:56 AM EST

Fiat Chrysler Automobiles NV has purchased 5.5 million emission credits from Toyota and Honda. Another one million credits from Tesla. Fiat Chrysler ended 2014 with a credit balance and without this purchase also, it would have been emission compliant, according to a report from the Environmental Protection Agency. Fiat Chrysler ranks last in fuel efficiency when compared with rival auto majors.

Dec 20, 2015 09:23 PM EST

Unlicensed doctor infected 280 people in Cambodia with HIV because of reusing the syringe.

Dec 18, 2015 10:15 PM EST

The US Federal Reserve has increased the interest rate by quarter percentage. Will it bring back the economy to normal, asked the economists. Purely linking interest rate hike, inflation and oil price drop doesn't serve the purpose., caution economists. There's also associated risks for emerging markets as well, caution economists.

Dec 20, 2015 09:31 PM EST

After a series of hoverboard fire incidents made it to the headlines, Amazon is pulling out the device from its store and is questioning its standards.

Dec 17, 2015 09:01 PM EST

US-led bombing on ISIS oil facilities is finally taking effect, bringing the terrorist group’s $500 million a year income from this business down to only a fraction.

Dec 17, 2015 08:12 PM EST

IMF's board has confirmed that Russia's holding of Ukraine bond is sovereign debt, but not a commercial bond. The due date on payment of Ukraine bond is 20 December. Russia is gearing up to take legal action if Ukraine doesn't pay within a 10-day grace period.

Dec 17, 2015 03:36 AM EST