Apple iOS, praised and criticized at the same time
While the new operating system of Apple is being praised, it is also being criticized by those annoyed iPhone users whose devices crashed and were not able to upload it. Tech analysts blame it to overloading due to the simultaneous uploading of Apple fans who cannot wait to try the promising features of iOS 9.
Sep 20, 2015 10:39 PM EDT
Oil price further skids on renewed global concerns
Oil prices on Friday eased further following the renewed fears about the global economy. The US central bank warned that global economy is weakening. China's economy is slowing down and growth rate is expected to be below 7% this year. Adding to this, Opec is firm on maintaining its production level. All these factors are increasing pressure on oil prices.
China growth rate may slip below 7% in Q3
The global markets witnessed major crash in August following the China's economy slow down, Yuan devaluation, discouraging manufacturing numbers, etc, Now, the markets are recovering. But, economists, fund managers caution that the party is not over. China may slip in recession in next quarter or six quarters later.
Asia Pacific Region has more millionaires than North America
The current Asia Pacific Wealth Report 2015 showed Asia Pacific has a larger number of high net worth individuals compared to North America.
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Make Your Workplace Stress-Free in 9 Easy Ways
Everyday work stress you out draining most of your energy and worst, develops health problems. But there are ways you can combat stress and get back to work with more energy and optimism.
Sep 18, 2015 6:53 PM EDT
Berkeley's wage rose to $19 by 2020
Berkeley's wage is set to rise to $19 by the year 2020, however business owners oppose the proposal saying it will put their business at risk a that will eventually lead to closure.
Sep 18, 2015 3:24 AM EDT
Creditors Want Greek Grand coalition After Sunday Election
International creditors hope for a united grand coalition in the Greek government, especially between the Syriza and the New Democracy party, who are going neck to neck in the upcoming September 20 elections.
Sep 18, 2015 3:19 AM EDT
Facing sanctions, Deutsche Bank withdraws few services from Russia
Being faced with several odds in Russia, Deutsche Bank has decided to withdraw some of its services from Russia. The alleged share trading by Russian unit of Deutsche Bank has become subject to investigation in the US. The German bank may stop 90 percent of its banking services in Russia soon.
Sep 18, 2015 2:57 AM EDT
Investors demand antibiotic-free meat products from McDonald's
It's a never-ending issue for McDonald's and other restaurants until they cease using antibiotics with their meat products. McDonald's received a "C" score for antibiotics overuse.
Sep 18, 2015 2:50 AM EDT
Disney animator draws characters in virtual reality through HTC Vive
Legendary Disney animator, Glen Keane, shows in a demo video how he creates characters using HTC Vive virtual reality headset. Keane is known for his works with Disney movies, including Beauty and the Beast, The Little Mermaid and Aladdin.
Sep 18, 2015 12:39 AM EDT
Chrysler-UAW labor pact solves all the big problems except one
Fiat Chrysler Automobiles and United Auto Workers union agreed to three main points during their latest meeting as the previous contract expired on Monday. Among the agreed terms is to introduce a better salary system for all of its workers.
Sep 18, 2015 12:31 AM EDT
Altice to buy Cablevision for $17.7bn including debt
Global cable group Altice is acquiring New York-based Cablevision for $17.7bn including debt. This makes Altice as the fourth largest cable provider in the US. Cablevision's CEO James Dolan will hand over the control to a group of Europeans after the Altice deal. Altice will pay $34.90 a share in cash taking the valuation of Cablevision equity to $9.6bn.
Sep 18, 2015 12:16 AM EDT
American universities are the most innovative, but Asians are strong contenders
The recent survey from Reuters shows that U.S. universities are the home of the most innovative projects. Though Asian universities have been fairly competent with universities from Korea, Japan, Singapore, and China.
Sep 17, 2015 11:56 PM EDT
Oracle's turn to cloud; Can it strike the balance cord?
American technology giant in global database industry Oracle Corporation is shifting its focus on cloud offerings. Of late the database major has been facing stiff competition from new technology companies which offer cost-effective solutions via the internet. The shift to cloud could affect Oracle's revenues coming from business fee from existing customers running Oracle software at their data centers, analyses technology experts.
Sep 17, 2015 11:49 PM EDT
Updating estate plans need of the hour for family business owners
Family business contribute over 70 percent of global productions, but owners of them don't update their estate planning. It's estimated that over 50 percent of family business owners didn't update estate planning for more than five years. Perfect and updated family planning ensures the smooth transition of a property from one generation to other while exploiting many tax benefits as well, advise experts.
Sep 17, 2015 11:29 PM EDT
US consumer prices drop, complicating Fed rate hike decision
A tame inflation complicates the Federal Reserve's decision whether to raise interest rates this week. Data show that despite many signs of economic improvement, the pace of growth of US consumer prices last month was well below the central bank's target.
Sep 17, 2015 11:09 PM EDT
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