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A family of treasure hunters discovered $1M worth of gold coins in Florida seaboard

The Schmitt family found a set of gold coins in a shipwreck identified to be the 'Capitpana' a cargo ship that sank 300 years ago in Florida.

Jul 29, 2015 4:37 AM EDT


London's Deliveroo sealed $70M funds to develop its food delivery service in Europe, Middle East and Asia

Deliveroo gained $70M funds from Index Ventures and Greenoaks Capital. The fund intends to develop its food delivery service in Middle East, Europe and Asia.

Jul 29, 2015 1:50 AM EDT


Disney may sell ESPN as a standalone service

Disney is considering selling ESPN directly to customers. Though it might be too expensive, ESPN is envisioned to become a business on its own.

Jul 28, 2015 10:22 PM EDT


David Taylor is Procter & Gamble's new CEO

Company veteran David Taylor will be appointed CEO of the world's largest manufacturer of household goods. Outgoing CEO AG Lafley to remain as Chairman during the leadership transition period.

Jul 28, 2015 9:39 PM EDT


CFPB fines Citibank for illegal credit card practices

Citigroup's consumer bank to pay $700mn to consumers and $70mn to US govt Citigroup's consumer bank has been fined to pay $700milion for its illegal credit card practices.

Jul 28, 2015 6:51 AM EDT


Google offered $200 to $300M to Impossible Foods for plant-based cheeseburgers

Google plans to buy Impossible Foods offering the startup company $200 - $300 million. The company declined but was reportedly asking for more.

Jul 28, 2015 6:40 AM EDT


Fiat Chrysler slapped with $105 Million fine for safety issues

Italian-American car manufacturer Fiat Chrysler gets fined $105 million by the US National Highway Traffic Safety Board.

Jul 27, 2015 10:23 PM EDT


Running out of steam: Energy sector is underperformer among all 10 sectors in S&P 500

Market looks to Exxon Mobil, Chevron Crop results this week; Weightage in the index composition eases

Jul 27, 2015 10:11 AM EDT


Major oil companies layoff more employees due to U.S. crude oil price drop

It had been difficult for market commodities this week as U.S. crude oil price dropped down. Major oil companies are addressing this glitch by cutting off jobs extended to engineers and scientists this time.

Jul 27, 2015 9:56 AM EDT


BT launches Ultra HD subscription package

UK telecoms provider BT has launched a new Ultra HD entertainment package costing only £15 a month.

Jul 27, 2015 9:35 AM EDT


All eyes on talks over bailout plan for Greece

Amidst threats from partymates, Greece's prime minister Alexis Tsipiras will hold negotiations with creditors on Tuesday over a third bailout plan.

Jul 27, 2015 9:32 AM EDT


Gold price meltdown continues; poised for further drop

Yellow metal dips below $1,100/oz; Dumping by China further pushing it down while research firms forecast price fall to continue.

Jul 27, 2015 9:14 AM EDT


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