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US consumers spending below forecast as savings soar

The US consumer spending rose only by 0.1%, below the 0.3% forecast while savings rate rose to the highest in the past three years. According to the US Commerce Department's data for October, Americans are savings faster than spending.

Nov 27, 2015 12:04 AM EST


Nickel makers explore ways to weather lower prices

Suffering from 12-year low price levels, nickel makers are planning to slash production and supply levels to boost the prices. The slowdown in China's economy is impacting the most nickel consumption and its price. Nickel manufacturers are considering several options on how to propel the price and sustain the current adverse conditions.

Nov 26, 2015 10:36 PM EST


Drones and Drum Lines to protect beachgoers in Australia this summer

Drones and “smart” drum lines will protect Australian beachgoers this summer, according to New South Wales government.

Nov 26, 2015 10:29 PM EST


New Captain America movie trailer shows Cap vs. Iron Man

The new Captain America: Civil War trailer was released and set the web community on fire, as it featured Cap and Iron Man fighting each other.

Nov 27, 2015 06:48 AM EST


Arizona's Meritus Health Partners to End Operation by The End of The Year

Meritus Health Partners announced that it would discontinue its operations by the end of the year since it failed to raise additional funds.

Nov 26, 2015 10:01 PM EST


Apple to begin using Samsung’s OLED displays for new iPhones in 2018

Samsung Display is reported to have renewed talks with Apple to supply its OLED displays for the next iPhones that will be released in 2018.

Nov 26, 2015 10:19 PM EST


Postal Service Holiday Celebration With Peanuts Character

U.S. Postal Service app enables users to take selfie with classic comic characters Charlie Brown and his Peanuts gang for the holiday celebration.

Nov 27, 2015 01:02 AM EST


Uber Recruits Three More Bankers to Join The Tech Company

Three bankers are leaving Goldman Sachs to join Uber tech company. They are the latest of Wall Street bankers departed to Silicon Valley.

Nov 27, 2015 12:56 AM EST


Li-Fi, a wireless technology that is 100 times faster than Wi-Fi

A super high speed wireless technology Li-Fi has been proven to able to transmit data at up to 1GB per second, or more than 100 times faster than Wi-Fi. Li-Fi technology uses visible light communication to perform high speed data transmission.

Nov 26, 2015 02:29 AM EST


Lufthansa cabin crew union calls off strike

The main cabin crew union (UFO) at Lufthansa airline has called off a labor strike which lasted until 13 November, registered as the longest strike in the history of the German airline. The management has agreed to extend basic retirement and pension benefits to staff. The next meeting is scheduled on 2 December. In addition to UFO, two other unions will also take part in discussions with the management.

Nov 26, 2015 04:01 AM EST


Police Made Another Arrest on TalkTalk Hack and Blackmail

Police make another arrest for the TalkTalk hacking and blackmail case. Earlier, a cyber jihadi group claimed responsibility for the last month attack.

Nov 26, 2015 01:50 AM EST


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