London SMEs have more money in the bank than the national average
Hampshire Trust Bank found out in their research that London’s SMEs have an average bank savings worth £500,000, which is an amount nearly twice the national average.
Aug 17, 2015 9:20 AM EDT
Phone Home: Russian billionaire commits $100 Million in search for intelligent alien life
Russian billionaire Yuri Milner committed $100 million to a project called Breakthrough Listen, which is the most comprehensive search for intelligent life form in the universe.
Forensic science group LGC up for sale at £700m, owner Bridgepoint expects huge returns
LGC, the forensic science service provider that has been helping police solve crime is now up for grabs at £700 million by its private equity firm owner, Bridgepoint.
Donald Trump received millions from endorsing multilevel marketing company ACN
Donald Trump received millions of dollars for endorsing the multilevel marketing company ACN. Donald Trump has received millions of dollars in payments for endorsements he made for multilevel marketing company ACN.
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Eurozone finance ministers approve the third bailout package for Greece
After heated debate and lengthy explanations, Greece finally gets approval of billions of new loans to reconstruct the country's devastated economy. The said loan will recapitalize Greece banks and will come in installment. Total rescue package reaches 89 billion euros or $93 billion.
Aug 17, 2015 4:32 AM EDT
Buoyed with soaring profits, Spreadex ups dividend 4 times
UK betting firm Spreadex has quadrupled its dividend payout for the year ended May 2015 as significant jump recorded in sales and profits.
Aug 17, 2015 4:08 AM EDT
NASA crowdsources a smartwatch for space; offers $1,500 to winning design
NASA is challenging programmers, UI interface designers and the likes to participate in their smart watch app interface design contest which will end on September 9. They will give out $1,500 to the winner.
Aug 17, 2015 3:16 AM EDT
Volkswagen and Mazda recalls more than 600,000 vehicles in the US
Volkswagen and Mazda to recall more than 600,000 cars to due airbag and corrosion problems. The car makers announced the recall after regulators decided to open investigations this year.
Aug 17, 2015 1:42 AM EDT
Zirtual faces lawsuit for abrupt mass layoff
Zirtual, a company that provides virtual assistants to executives, is facing a lawsuit for violating the WARN Act.
Aug 17, 2015 1:37 AM EDT
Apple charts new programs to help students from minority groups learn to code; diverstiy figures up
Apple is hiring more women and techies from the minority groups. The world's largest company's aim to achieve diversity in its workforce.
Aug 16, 2015 11:37 PM EDT
Fiat Chrysler recalls 85,816 2015 Chrysler 200 sedans due to faulty connections
Fiat Chrysler Automobiles is recalling 85,816 Chrysler 200 released in 2015. A post-production evaluation founds out that the unit has faulty connections.
Aug 16, 2015 6:26 AM EDT
Majority of Wall Street investors are not tempted on solar market
Investors on Wall Street are not convinced with the popularity of solar panel technology as solar companies publicly offered in the stock market has been devalued for two weeks.
Aug 16, 2015 5:08 AM EDT
Google and Dell introduce enterprise-class Chromebook
Google for Work has introduced a new addition to the Chromebook series, this time an enterprise-class laptop. The Chromebook 13 sets itself apart by being more of a business-class machine compared to the Asus models, which are geared towards home and casual users, such as educational institutions.
Aug 14, 2015 11:18 AM EDT
Despite jobless claims up, US 4-week average at 15-year low
The US economy witnessed a sudden rise in new application for jobless benefits. However, the four-week average eased to 15-year low indicating continuous recovery in the economy.
Aug 14, 2015 4:33 AM EDT
Sesame Street turns exclusive; Airs on HBO Starting this Fall
Sesame Street and HBO signs a five-year deal that would bring the iconic children's show to a private network.
Aug 14, 2015 4:29 AM EDT
Scott Walker approves $250M Bucks Arena
Wisconsin Governor Scott Walker signs the bill that will allow $250 million in public money to fund the new arena for Milwaukee Bucks. The rest of the money will come from Edens-Lasry and former owner Herb Kohl.
Aug 14, 2015 4:25 AM EDT
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