Toys R Us Closed Its Manhattan Flagship Store
Toys R Us closed its Times Square flagship store on Wednesday. The company is looking for a location for new store in Manhattan area.
Dec 31, 2015 12:49 AM EST
Julius Baer reaches agreement over U.S. tax cases with $200 million extra provisions
The Swiss bank Julius Baer has reached an agreement with the U.S. officials to set aside $200 million of additional provisions to settle tax evasion issue. The U.S. officials investigate the Swiss bank whether it helped American clients evade taxes.
Spotify Was Sued $150 Million For Unpaid Royalties
Spotify the music streaming company is facing a $150 million class action suit from musicians over unpaid royalties
The US Army retires its first ever drone
After 2 decades of service, the U.S. Army's first drone the Hunter UAS has now started its well-deserved retirement. The Army replaces the Hunter with the General Atomics Grey Eagle UAS.
Latest News
SeaWorld sues California over ban on killer whale breeding
SeaWorld sues the California Coastal Commission over the ruling that bans the company from breeding killer whales. The lawsuit says that the Commission's ruling is illegal as the whales are not part of the California marine environment.
Dec 30, 2015 8:26 PM EST
Resolution on Comfort Women May Benefit Japan, Korea and the Region
Resolution between South Korea and Japan regarding comfort women last Monday may benefit trade and security in the region.
Dec 30, 2015 7:22 PM EST
New Android Version Will Ditch Oracle's Proprietary Java API
Google will replace Java's Application Programming Interfaces (APIs) in the next version of Android. The decision was made over a long dispute with Oracle regarding the API.
Dec 30, 2015 4:30 AM EST
Walter Energy wins court approval to stop paying retiree benefits
A federal judge published a ruling that approve the bankrupt U.S. company Walter Energy to stop paying retiree benefits to its employees and move forward to sell its assets.
Dec 30, 2015 3:09 AM EST
WHO declares Guinea free of Ebola transmissions
WHO has declared that Guinea was free of Ebola transmission, after two years of Ebola outbreak in the country. The disease killed more than 11,000 people across 10 countries including Guinea.
Dec 30, 2015 3:05 AM EST
Energy investors hope forecasts by Saudi, Iran to go wrong
Energy investors and analysts feel that the price forecasts of Saudi Arabia and Iran are wrong. The realistic oil price may be $20 a barrel in short term if present oversupply persists. Saudi Arabia sees oil price at $29 a barrel and Iran at $40 in the near term. Saudi Arabia has slashed down its budget spending for 2016.
Dec 29, 2015 11:47 PM EST
Japanese steel output to remain flat in 2016, exports to soften
The steel inventories rose despite production cuts. The weakening demand is causing oversupply situation. The steel production levels may remain steady next year also. The iron and steel companies are suffering from decline in demand and rising inventories.
Dec 29, 2015 11:30 PM EST
Meat Industry Increases Use of Antibiotics, Despite FDA Guidelines
An FDA report shows that the meat industry is ignoring public health guidelines and continuing and increasing their use of antibiotics in their livestock.
Dec 29, 2015 7:28 PM EST
Samsung Plans Initial Production of 5 Million Galaxy S7 in February
Samsung Electronics plans to start initial production of 5 million Samsung Galaxy S7 in two different version starting February.
Dec 29, 2015 7:08 PM EST
All Samsung HDTV Will Be Internet of Things Ready in 2016
Samsung announced that all of its HDTV products will be Internet of Things (IoT) ready as the company equipped the entire product with SmartThings hub.
Dec 29, 2015 7:04 PM EST
Trading suspension in Shkreli's drug company
Martin Shkreli episode is witnessing a series of developments after his arrest. California University has canceled its coordination plan on the drug trial. The stock trading was also suspended. The stock price rose from below $1 a share to about $40 during the short span of Shkreli's tenure.
Dec 29, 2015 9:24 AM EST
China Telecom boss Chang Xiaobing under scrutiny
China Telecom's Chief Executive Chang Xiaobing is the latest catch in Chinese government's anti-graft drive. Xiaobing is facing probe over his role in a violation of discipline. It's learnt that more than 70 top officials from state-run firms are facing investigation over anti-corruption charges. After cracking down on aviation and automobile companies, Chinese anti-corruption regulator is probing into telecom sector.
Dec 29, 2015 9:16 AM EST
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
