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First Data Corp. Raises $2.56 Billion in Initial Public Offering

First Data Corp. managed to raise $2.56 billion worth of shares, but is still lower than the expected at $16 a share.

Oct 15, 2015 10:53 PM EDT


Amazon’s Hotel Booking Services: Amazon Gets Out Of The Hotel Booking Business After Only 6 Months

Apparently, Amazon's deals for hotel services and travel could be a great idea for users. But Amazon just recently announced that they would stop the hotel services after just 6 months of operation.

Oct 15, 2015 07:12 AM EDT


Luxury Hotel Great Deals: Knickerbocker Five-Star Hotel in NYC offers $2 for its 109th anniversary

The Knickerbocker Hotel in New York City just recently reopened. To celebrate its 109th anniversary, the hotel is offering a block of rooms at the original opening price of $2 for a night.

Oct 15, 2015 06:49 AM EDT


KickStarter bans laser-powered razor campaign for lack of working prototype

Kickstarter has just banned Skarp's fundraising campaign for its failure to provide evidence of a working prototype. Skarp has since moved its campaign to IndieGogo.

Oct 15, 2015 10:28 PM EDT


Twitter laid-off 336 global employees

Twitter started cutting jobs to 336 employees, mainly from the Engineering and Product departments globally. The ex-employees are entitled to receive their separation pay.

Oct 15, 2015 08:03 AM EDT


MAPS.ME New Feature: Crowd-sourced mobile map app launches walking directions

MAPS.ME uses OpenStreetMap to have offline access to maps of different countries in the world. Just recently, the travel app launched its Walking Directions feature.

Oct 17, 2015 09:34 PM EDT


Hyatt Regency New Branding Campaign: Celebrating 50th Anniversary; Launches ‘It's Good Not to Be Home’ Global Marketing Campaign

Hyatt Regency launched its new branding campaign in celebrating its 50 years in history.

Oct 17, 2015 09:50 PM EDT


Diageo sells US, UK wine biz for $552m to Aussie firm

UK alcoholic beverage giant Diageo Plc is selling its wine operations in the US and the UK for $552mn (euro483mn) to Treasury Wine Estate, an Australia-based company. Treasury Wine Estate is also in the process of acquiring Blossom Hill, Britain's second largest wine brand. The acquisition deal for Diageo is subject to the approval of UK regulator and also the US anti-trust review. The acquisition deal is expected to be completed in next three months.

Oct 14, 2015 10:53 PM EDT


South Korea's bonds volatile amid uncertainty over rates

Korean bond market has been volatile as they rose on account of US interest rate and fell owing to domestic rate of interest factor. The Korean bond market is witnessing upward and downward movement owing to varied hopes on interest rate changes. .

Oct 14, 2015 09:06 PM EDT


Brazil's deepening recession worries bankers, fuels job cuts

Bankers forecast Brazil's economy would further slip three percent in 2015 and unemployment rate spiral up to 10 percent in 2016.

Oct 14, 2015 09:02 PM EDT


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