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Pentagon awards Lockheed $969 million contract to build 17 C-130J aircraft

Lockheed Martin Corp. was awarded a $969 million contract from Pentagon to build 17 C-130 J military transport planes to be completed on April 2020.

Nov 12, 2015 2:32 AM EST


T-Mobile is offering free data usage for video streaming

T-Mobile now offers a new option that lets users stream videos on their mobile devices without using much of their data plans allotment.

Nov 12, 2015 2:25 AM EST


Cuomo increases Basic Minimum Wage for NY State Workers to $15 an hour

Governor Andrew M. Cuomo announced Tuesday that he would unilaterally increase minimum wage to $15 for all state workers in New York, making it the first state to have pay levels this high.

Nov 12, 2015 2:25 AM EST


Goldman Sachs sells 1.3 million Valeant Asset instead of allowing CEO to add collateral

Instead of adding more collateral, Goldman Sachs sold 1.3 million worth of shares from Valeant CEO Michael Pearson's share of the company on Thursday in line with his $100 loan.

Nov 12, 2015 2:18 AM EST


Cadillac launches again its XT5 Luxury SUV, this time in a Dubai public school fashion show

General Motors unveiled its new luxury 2017 XT5 SUV again in a public school fashion show in Dubai. General Motors unveiled its new Luxury 2017 XT5 SUV again.

Nov 12, 2015 2:08 AM EST


Mitsubishi Jet Successful Flight Marks New Era of Japanese Aircraft Industry

Japanese aircraft is now ready to enter airspace, after a successful maiden flight of Mitsubishi Regional Jet (MRJ) on Wednesday. MRJ is short to medium range jet aircraft produced by Mitsubishi Aircraft Corporation.

Nov 12, 2015 1:55 AM EST


Dollar rally is back on support of interest-swap rates

The US dollar turned bullish now. The greenback is trading at six-month high against Euro. The two-year dollar interest rate swaps surpassed shared currency area. Higher US interest rate swaps over European rates indicate strongest possibility of interest rate hike by US Federal Reserve.

Nov 12, 2015 1:45 AM EST


How Lenovo Rebranded and Modernize Its Image as Global Brand

Lenovo has successfully rebranded and modernize its image as global brand. Since its acquired IBM personal computer business in 2005, Lenovo expanded and now become the number one PC maker and third largest in smartphone

Nov 12, 2015 1:42 AM EST


New version of Google Maps gets offline navigations

A new version of Google Maps allows users to download maps on the specific areas so they can get directions even without Internet connectivity. The new version is only available for Android and soon to be available for iOS.

Nov 12, 2015 12:48 AM EST


Playboy rolls-out new E-Commerce site to reach millenial shoppers

Playboy announced a new eCommerce site called Playboyshop.com to expand its operations and hopefully penetrate the millenials market.

Nov 11, 2015 11:44 PM EST


“The Sweet Josephine” pink diamond sold for $28.55 million at Geneva auction

A rare pink diamond was sold for $28.55 million at Christie's jewellery Geneva auction to a Chinese buyer. The price is higher than estimation of $23 million to $28 million.

Nov 11, 2015 10:46 PM EST


Molson Coors to buy SABMiller's stake in Miller Coors

Molson Coors Brewing Co is nearing the closure of buying shares of SABMiller in Miller Coors for $12 billion. The stake sale is very much needed for getting regulatory approval for $106-billion SABMiller and Anheuser-Busch InBev NV merger plan.

Nov 11, 2015 10:38 PM EST