SpaceX Falcon 9 Rocket Makes it to Space and Back for the First Time
SpaceX's Falcon 9 rocket was able to successfully launch, deploy its payload and land. This is the first successful landing for SpaceX.
Dec 23, 2015 9:59 PM EST
US holiday travelers save big on cheaper gasoline - oil price watchdog
The average US gasoline price per gallon is hovering below $2. The US holiday travelers are expected to save $1.6 billion on gasoline this year. The US gasoline price eased to lowest since 2008.
ConocoPhillips exits Russia
After 23 years of doing business in Russia, ConocoPhillips has withdrawn from the country. It has confirmed the sale of 50 percent stake in Polar Lights, a joint venture with Russian government-owned Rosneft. Western sanctions on Russia are also impacting the oil and gas industry amid lower oil prices.
McLaren 675 Spyder sold out within 2 weeks
The all new 500 units of McLaren 675 Spyder have now been sold, just two weeks after the car was first revealed. The $350,000 car is expected to be delivered to its buyer by the beginning of summer 2016.
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Donald Trump's big tax cuts to dent Federal revenues
Tax Policy Centre came out with its latest analysis report on the Republican Presidential candidate Donald Trump's tax plan and its impact. The report reveals that it would impact the Federal revenues. It has stated that Trump's tax cut plan would benefit rich people than middle-income groups.
Dec 23, 2015 9:49 AM EST
The Batman v Superman Marketing Needs to Stop Pretending Lex Luthor Is a Real Person
The Batman v Superman movie has done a lot of marketing to show Lex Luthor is a real person. The movie character gives interview to media agencies, have his own websites and even provide free wifi to people. This type of viral marketing is has taken the situation to whole new level of strange.The Batman v Superman marketing needs to stop pretending Lex Luthor is a real person.
Dec 23, 2015 9:47 AM EST
Michigan declares state of emergency due to contaminated water system
A state of emergency has been declared in the City of Flint in Michigan after a new study found that the elevated blood lead levels in local children are related to the city's drinking water system. Drinking water in some areas of the city is still unsafe even now.
Dec 23, 2015 9:40 AM EST
Consumer spending pumps up US economy to 2% in Q3
Led by consumer spending, the US economy grew two percent in third quarter as against 3.9 percent in the second quarter. Government outlay and business investment supported the US economy during the quarter while household buying kept up the demand during the third quarter.
Dec 23, 2015 9:33 AM EST
Lower oil price forces Shell to abort Arctic oil project
Anglo-Dutch oil major Shell has finally abandoned its drilling operations in Alaska Arctic region citing reason of oil price drop. Shell has been facing several regulatory and climatic challenges in addition to protests from environmentalists. The oil price has been hovering at $40 a barrel throughout 2015.
Dec 23, 2015 9:29 AM EST
Spotify Wins Over Apple in Music Streaming Market
Spotify has solidified its spot as the winner of digital music battle over Apple music. The Swedish company is now leading the digital music streaming over Apple Music and other players like Rdio or Rhapsody.
Dec 22, 2015 11:25 PM EST
Google's new feature allows users to login without password
Google is testing a new feature that will allow the users to sign into their Google accounts without having to type password. The users will only have to authenticate the login with their smartphones.
Dec 22, 2015 10:35 PM EST
Twitter files patent for drones controllled by tweets
Twitter was granted a patent for a tweet-controlled drone officially marking its participation in the drone race. According to the patented description, the drone can be used to take photos and videos that can be shared on user accounts.
Dec 22, 2015 10:06 PM EST
Kazakhstan ups gold buying spree with Russia
Kazakhstan, Russia and Turkey have been expanding their gold reserves. Kazakhstan continued to buy gold for 38 months in a row. Bullion analysts said that as part of their long-term strategic need, emerging economies are buying gold.
Dec 22, 2015 9:49 PM EST
Kinder Morgan, Andersons set sights on ethanol projects
Anderson Inc and Kinder Morgan Inc have drawn up separate plans for ethanol projects. The demand for ethanol is rising as gasoline consumption is increasing on cheaper prices. It's expected that ethanol blend may surpass the 10 percent blend wall limit in 2016.
Dec 22, 2015 9:43 PM EST
Top iron ore shipper forecasts 19% drop in 2016
Australia's Department of Industry & Science has lowered price forecast on iron ore for 2016 to $41.30 a metric ton from $51.20. Iron ore is the largest export earner for Australia, The export revenues fell 43 percent in 2015. The oversupply and slump in Chinese commodities market are keeping more pressure on iron ore prices.
Dec 22, 2015 9:37 PM EST
Cyberbullying Insurance is now available - to those who can afford it
Global insurance giant Chubb (CB) launched a new cyberbullying insurance that will cover as much as $74,600 for wealthy clients across the U.K. and the Republic of Ireland.
Dec 22, 2015 9:34 PM EST
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