Egyptian billionaire Naguib Sawiris plans to buy an island for Syrian refugees; wants to name it 'Ilan'
The Egyptian billionaire, Naguib Sawiris tweeted that he wants to buy an island to accommodate Syrian refugees. And he's serious about it. He wants the 'new country' to be named as 'Ilan', to remember the Syrian toddler, Aylan Kurdi, who was drowned in Turkish shore.
Sep 06, 2015 7:00 AM EDT
Top 4 Brightest Entrepreneurs in Britain Who Have Brought Their Startup Ventures into Stellar Success
Startup online companies are not found only in Silicon Valley. There are four British bright boys who have brought their own online startup ventures into stellar success.
John Lewis Reports 3% Slump Together With Fewer Recorded Footfalls on High Street
John Lewis suffered a 3% decrease of retail sales and blame is pinned on consumers who preferred to stay at home because of the cold, wet August weather.
Jessica Alba's Honest Company Faces Lawsuit for Allegedly being "Dishonest" on its "Natural" Products
Jessica Alba’s non-toxic household and beauty products business, The Honest Company, is facing a $5 million class suit for being “dishonest” on how “natural” their products are.
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JPMorgan Chase & Co sponsors annual speaker series with Jenn Lim of Delivering Happiness
JPMorgan Chase & Co. will hold its annual speaker series featuring Jenn Lim of Delivering Happiness live on YouTube this October 14.
Sep 05, 2015 6:49 AM EDT
The Real Deal: Just How Big is the Synthetic Marijuana Trade
Synthetic marijuana has become a giant, multimillion dollar industry that has lead to thousands of deaths and is becoming a major concern for the authorities.
Sep 05, 2015 6:34 AM EDT
No New CEO for Twitter until Labor Day; Co-Founder Among Top Candidates
Twitter’s board had a meeting Thursday to hopefully decide on a new CEO, but they didn’t name one yet. Reports claim that they will choose a new CEO after the Labor. Co-founder Jack Dorsey is the leading candidate for the position.
Sep 05, 2015 6:25 AM EDT
Sanofi's Genzyme pays $32.59M penalty for misbranding, unlawful usage of Seprafilm surgical implants
Genzyme Corporation agrees to settle on deferred prosecution agreement with the government to pay a penalty of $32.59M regarding the illegal use of Seprafilm with laparoscopic surgery.
Sep 05, 2015 6:17 AM EDT
$40 Oil Price and its Impact on U.S Economy
Sharp drop in oil price might be good for the U.S instead of bringing more bad effect. Commodities such as oil is slowly declining following the Black Monday selling pressure on 24th August raising concern among investors regarding current world economics.
Sep 04, 2015 8:54 AM EDT
Ex-Sony Pictures employees filed a class action lawsuit settlement over "The Interview" hacking
Former employees of Sony Pictures Entertainment proposed a class action lawsuit over the film company regarding the cyber attack incident divulging 50,000 personal records of Sony employees in 2014.
Sep 04, 2015 8:49 AM EDT
Strong fundamentals push Ashtead stock to lead Footsie-100
Ashtead was highest gainer among Footsie stocks on London Stock Exchange (LSE) as encouraging first quarter results buoyed the investors. The company has also assured the investors for strong revenue growth in the near future as well.
Sep 04, 2015 8:47 AM EDT
Google Gets a New Logo
Google just made the biggest redesign on their logo since 1999 a month after the company restructuring. Google new logo feature a softer color tone and is made of sans-serif typeface.
Sep 03, 2015 11:33 PM EDT
Reebok rebrands as a fitness center in the U.S. and Europe
Reebok, the shoe brand is turning into fitness centers. Its "Be More Human" campaign challenges people to test their physical strength in group sessions. Earlier on, it had launched in the U.S. This week, the campaign will roll out in Germany.
Sep 03, 2015 11:26 PM EDT
Seven tech companies formed an alliance to develop a new standard for open source video format
Netflix, Mozilla, Cisco, Intel, Amazon, Google and Microsoft made an alliance to come up with a new standard for open source, royalty free video format. Reports say this will end video plugins in the Web.
Sep 03, 2015 11:20 PM EDT
50% drop in Viacom stock wipes out $16B
Viacom's stock price dropped by over 50% during the past one year. The ratings drop, fall in advertising revenues, forthcoming talks with Dish Network are the major factors that impacted the share price in negative way.
Sep 03, 2015 11:15 PM EDT
Louis Vuitton hires former Apple executive as digital director
LVMH hires former Apple executive Ian Rogers as digital director. The company is planning to expand their online presence. Ian Rogers is founder of Apple's online radio and has been working with Apple for few years.
Sep 03, 2015 10:38 PM EDT
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