PMorgan replaces KCG with Virtu Fin as market maker
JPMorgan Chase & Co has replaced KCG Holdings Inc with Virtu Financial Inc as its market maker. Virtu from Wednesday onwards takes care of JPMorgan Chase's stock on New York Stock Exchange (NYSE). JPMorgan was disappointed with the role of KCG Holdings on 24 August 2015 as the stock markets witnessed mayhem pulling several stocks lower.
Jan 07, 2016 4:10 AM EST
Disney kicks off 2016 with $3-billion bond issue
Walt Disney, Ford Motor and Deere & Co are leading the corporate bond sales, which began on positive note in 2016. The US companies sold $1.621 trillion in debt in 2015 as the majority of American corporate firms preferred to take zero rate advantage before Federal Reserve announcing the rate hike. Yields on investment-grade bonds rose to four-year high of 3.71 percent in December 2015.
320,000 of Time Warner Cable customers data might have been stolen
Time Warner Cable Inc. said on Wednesday up to 320,000 customers may have had their email passwords stolen. Although there is no sign of data breach at the moment, the cable company is taking a necessary measure to curb the problem.
Faraday Future's FFZero1 Concept Car: Looks Futuristic, but Can't Run
At the 2016 CES, Faraday Future startup company unveiled its electric concept car, the FFZero1. The eccentric looking car has a smartphone embedded in the steering wheel and will be built on a chassis that could, hopefully, be used in other lines of Faraday cars.
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"More", "Less", and "Better": These 9 Apps will Help You Reach Your New Year's Goals
Here are 9 apps that can help people achieve their new years resolutions. With the help of the smartphone, people can read faster, eat better, and save more.
Jan 07, 2016 1:35 AM EST
EHang Introduced Passenger Drone at CES 2016
Another exciting product has emerged in Consumer Electronic Show 2016. EHang, the Chinese UAV manufacturer introduces drone that is able to carry human passenger.
Jan 07, 2016 1:33 AM EST
Intel Introduces Augmented Reality (AR) World Through X- Ray Visioning Daqri Smart Helmet
Intel’s 3D RealSense Camera empowers Daqri Helmet to represent an augmented reality world at the stage of Consumer Electronics Show, 2016. Through unveiling the smart helmet, Intel is believed to surpass Microsoft in the race towards augmented reality world. The X- ray visioning smart camera is scheduled to become available for purchase from the first quarter of this year.
Jan 07, 2016 12:56 AM EST
Weakened Yuan Triggers Drop in Futures and Stocks in U.S., Europe and Asia
Yuan that keeps weakening have dropped Asian stocks dropped and plunge of futures in Europe and U.S.. On Wednesday trading Yuan hit five year low against US dollar.
Jan 06, 2016 8:07 PM EST
Huawei Unveils New Android Smartwatch With Swarovski Crystal
Huawei showcase its luxury Android smartwatch in Consumer Electronic Show (CES) 2016 that opens today. The watch is designed specifically for women decorated with Swarovski crystal.
Jan 06, 2016 8:06 PM EST
Wanda Group will invest $2.3 billion to build three hospitals in China
China's Wanda Group had signed an agreement with the UK based International Hospital Group to build three hospitals in China. The agreement marks Wanda Group first entry into the booming health care business in China.
Jan 06, 2016 8:04 PM EST
Enter the Movi: The Live Streaming Camera that has 9 Cameras in 1
Livestream the company, will be releasing their Movi camera in April. The camera, called Movi, will allow consumers up to 9 different virtual camera angles to capture live performances and talks and edit them in real time.
Jan 06, 2016 8:02 PM EST
Oakley Glasses: Intel’s Radar Pace Empowered Athletic Smart Glasses
Intel’s Radar Pace Technology has been successfully incorporated in Oakley branded smart glasses, are capable of analyzing athletic performances and coaching thereto. The glasses have been represented before the audience of Consumer Electronics Show, 2016. Unlike Google Glass, the Radar Pace technology instructs the wearer doing everything just by talking.
Jan 06, 2016 7:52 AM EST
Thousands of Stranded Migrants from Cuba Allowed to Enter U.S.
Thousands of Cuban migrants stranded in Costa Rica is permitted to enter U.S. An agreement between SICA and Mexico has opened access to migrants to continue their journey.
Jan 06, 2016 7:25 AM EST
Marijuana Legalization Made Mexican Small Pot Farmer Lose Profit
Loosening marijuana law in United States made small farmers in Mexico lose their profit, as more states lifted restriction on marijuana. However, Mexican drug cartel may not be affected much with the legalization.
Jan 06, 2016 7:23 AM EST
Electric Microbus: Diesel gate Riddled Volkswagen’s Image Recovery Stunt
Diesel gate controversy embattling Volkswagen has initiated implementing eco-friendly projects ahead of loosing share value. Volkswagen has revealed its bold step to go for producing an eco-friendly microbus, powered by electricity, in the Consumer Electronics Show. Batteries of the vehicle may be charged fully by only 20 minutes and capable of serving as a home power unit.
Jan 06, 2016 3:44 AM EST
Samsung Presents Smart Fridge That Can Order Groceries
Samsung introduces its smart fridge in CES 2016 that starts this week. The Samsung Family Hub refrigerator can order groceries for you.
Jan 06, 2016 3:18 AM EST
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