United Continental holds airport job cuts to ease labor tension
Yielding to the labor tensions, United Continental Holdings Inc has decided to hold the outsourcing exercise for time being. The Chicago-based airline has been slashing jobs and replacing them with outsourced workers. This has created unrest among employees and workers' unions started protesting it. in a latest decision, the airline announced that it stoped the outsourcing activity until 2017.
Nov 02, 2015 8:54 AM EST
New crowdfunding norms to push US start-ups
The US Securities and Exchange Commission (SEC) has approved the new rules on crowdfunding facilitating startups to mobileze funds from individual investors and non-accredited investors as well. The with a majority voting of three to one.
Delta Airlines to Terminate Atlanta-Dubai flight route on February 2016
Delta Airlines will end their flight services in Atlanta-Dubai route in February 11, 2016. The US major carrier announce on their website regarding the termination of the flight operation on the said route.
China's Newly Opened Communist Party Theme Park, Received Mixed Criticism from Social Media
The Cinese government build and opened a Communist Party Theme Park. They aimed to help visitors to teach and better understand the commounist party core values and concepts.
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Mexico's Eden, Holbox Island an Ideal Travel Destination
The Holbox Island or the Isla Holbox is considered as the Eden paradise of Mexico. It is also an ideal place for mexican vacation for tourists craving for a nice "low-sound, low-rise" place.
Nov 02, 2015 6:52 AM EST
Hyatt Hotel Group on Merger Negotiations with Starwood Hotel
The American Hotel Company, Hyatt is in merger talks with Starwood Hotel. At least three Chinese firms were also reported vying each other to purchase Starwood that owns famous luxury hotel brands.
Nov 02, 2015 6:31 AM EST
South Dakota's Tourism Skyrockets through Landmark Anniversaries and Events
US state South Dakota's tourisms boost up after their popular landmarks celebrated its aniversaries and held events in the city. The event aniversary attract a great number of tourists this year and officials hope it will be the same next year.
Nov 02, 2015 6:14 AM EST
Singapore Cuisine: Authentic Singaporean Hawker Foods To Die For
Singapore offers great hawkers that provide great options for travelers searching for cheaper foods in the country.
Nov 02, 2015 5:31 AM EST
Puerto Rico Power Agency to Get Extension from Bondholders to Pay $8 billion Debt
The Puerto Rico Electric Power Authority gets an extension from its bondholders to negotiate how it would restructure its $8.3 billion debt.
Nov 02, 2015 4:43 AM EST
Electrolux AB down after US Justice Department's refusal
Electrolux AB fell in the US trading after the US Justice Department rejected a proposal to resolve the Swedish company’s antitrust lawsuit that would block the $3.3 billion acquisition of General Electric’s household-appliance business.
Nov 02, 2015 3:54 AM EST
Smartphones outpace PCs among US adults: Pew study
The latest study done by Pew Research Center shows that computer ownership among people under 30 is fast dropping, while smartphone ownership is increasing. Almost one-third of US adults own a smartphone, 45 percent own tablets, 40 percent own consoles and 14 percent own portable consoles.
Nov 02, 2015 3:17 AM EST
LinkedIn beats expectations as its stock gets 12% boost
LinkedIn announced the third quarter financial report that is better than analyst expectations. The company's shares jump 12%.
Nov 02, 2015 3:11 AM EST
Pfizer and Allergan is in talk for a merger
Pfizer and Allergan are currently in a preliminary stage for the biggest merger deal in the pharmaceutical industry. However, there are still lots of problems that need to be solve including the tax inversion accusation made by politicians in the US.
Nov 02, 2015 2:24 AM EST
Virgin America beats forecast in Q3
Virgin America has surpassed market estimates in revenues for the third quarter of 2015 as it posted $71.9 million revenues as against the forecast of $67mn. The US-based airline operator indicated that earnings per mile may fall in the fourth quarter owing to increasing competition and falling airfares.
Nov 02, 2015 12:25 AM EST
SolarCity reported $114 Million in Q3 2015 Earnings, beating analyst $111 million forecast
SolarCity beats analysts’ expectations announcing a $144 million increase in revenue in the third quarter of this year, as analysts only projected $111 million.
Nov 01, 2015 10:05 PM EST
Microsoft Band 2: You must sweat the small stuff
Microsoft launches the Microsoft Band 2, the new generation of fitness and tracker. It has upgraded design and features including additional sensor for better performance.
Nov 01, 2015 9:53 PM EST