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Fiat Chrysler Jeep Renegades recalled due to software glitch

Thousands of Jeep Renegades had been recalled by Fiat Chrysler due to the possible attacks on drivers which can be done remotely. This imposes great danger to the driver's safety, not only meeting an accident but also forcibly getting his car by unsuspecting attackers.

Sep 10, 2015 07:15 AM EDT


BMW invests millions in a startup that parks your car

BMW invests an undisclosed amount in a startup offering valet service apps, ZIRX.

Sep 10, 2015 08:34 AM EDT


Will Lenovo, HP and Dell consolidate in the PC market in the coming years?

Michael Dell said it in a press briefing in Bengaluru, India, that he sees three top PC makers will consolidate in the desktop market in five years. These are Lenovo, HP and Dell.

Sep 09, 2015 06:25 AM EDT


Merger of Four Major Insurance Companies May Harm Healthcare Industry

Doctors, Hospitals, and Healthcare groups fear that the Anthem-Cigna and Aetna-Humana mergers may bring harm to the healthcare industry.

Sep 09, 2015 08:39 AM EDT


Glencore scraps dividend, to sell equity, assets to bring down debt to $10bn

Switzerland-based commodities giant Glencore has taken up several measures to reduct its debt burden to $10bn level. The company has decided to scrap final and interim dividends in addition to selling a part of equity and other assets to raise funds.

Sep 10, 2015 03:01 AM EDT


Freeport-McMoRan hires JPMorgan to help explore options

Freeport-McMoran hires JP Morgan after activist investor Carl Icahn said that teh company is undervalued and in need of corporate change.

Sep 11, 2015 08:41 AM EDT


Japan's Abe may focus on regulatory reforms

Shinzo Abe's coming back to power as Prime Minister of Japan for a second term raising many questions about the reforms in the world's third largest economy. Economists predict that Abe would focus on more regulatory reforms in labor market.

Sep 10, 2015 02:49 AM EDT


One Third Of US Workers Say They're "Free Agents," Not Tied To Just One Boss

A total of 31% of US workers consider themselves free agents. They don’t want to work for the “Man” anymore and be tied up to just one boss.

Sep 09, 2015 06:48 AM EDT


HTC is being removed from a major index on Taiwan’s stock exchange on September 21

HTC is being removed from Taiwan Stock Exchange FTSE TWSE Taiwan 50 index days after the company reported its lowest revenue in 8 years.

Sep 10, 2015 09:31 AM EDT


Pfizer's Arthritis Drug Patent Rejected in India

Pfizer’s patent for a new medicine was rejected by India again. This is another setback for the multinational company who has been trying to penetrate the Indian healthcare market.

Sep 09, 2015 03:51 AM EDT


Zomato restaurant discovery acquired $60M funds; Introduces Whitelabel platform

Zomato, the app and the website that provides detailed information to 1.4 million restaurants around the world acquires $60M fresh round funding. The company will use it to develop new services and to improve its Whitelabel platform.

Sep 09, 2015 06:18 AM EDT


Disruptive technology destabilizes the economy as we enter the venture capital revolution

Analysts say that as we enter the venture capital revolution, majority of capitalist venture on disruptive technology. Thus, it creates imbalance in our economy, neglecting other areas that need to be developed like health, food and education.

Sep 09, 2015 06:18 AM EDT


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