Secret Santas pay $484,000 for Walmart layaway shoppers in three states
Mistery Santas gave Christmas gifts to Walmart's shoppers in three states by paying off their layaway orders. The total amount of anonymous donations reached $484,000.
Dec 20, 2015 9:51 PM EST
Is the Fed hike the silver bullet that can bring economic prosperity back?
The US Federal Reserve has increased the interest rate by quarter percentage. Will it bring back the economy to normal, asked the economists. Purely linking interest rate hike, inflation and oil price drop doesn't serve the purpose., caution economists. There's also associated risks for emerging markets as well, caution economists.
Fiat Chrysler buys emission credits from rival auto majors
Fiat Chrysler Automobiles NV has purchased 5.5 million emission credits from Toyota and Honda. Another one million credits from Tesla. Fiat Chrysler ended 2014 with a credit balance and without this purchase also, it would have been emission compliant, according to a report from the Environmental Protection Agency. Fiat Chrysler ranks last in fuel efficiency when compared with rival auto majors.
Man resurrects 1955 Chevy Bel Air beyond former glory
Gary Holyoak is a resident of Cedar City, Utah who grew up with a 1955 Chevy Bel Air and plans to resurrect the car, putting LS3 Power and an Art Morrison Chassis on the classic.
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Tax Extenders Bill will benefit America's startup sector in a big way
The new $622 billion tax package the House of Representatives approved on Thursday will benefit greatly from this.
Dec 19, 2015 2:35 AM EST
Star Wars fan goes on epic rant after Egypt cancelled the movie due to faulty copy
IMAX Theatres in Egypt cancelled the screening of Star Wars: The Force Awakens sending one fan into an epic rant against the theatre company.
Dec 19, 2015 12:45 AM EST
Trader Joe's recalls 'shattering and bursting' bottles
Trader Joe's will recall its carbonated, non-alcoholic beverage called Triple Ginger Brew after customers reported that unopened bottles exploded.
Dec 19, 2015 12:40 AM EST
New tax deal best for parents, low-income earners, students
The newly passed $650 billion tax bill the House of Representative will benefit greatly the parents, low-income families, teachers, mass commuters, and the students.
Dec 19, 2015 12:38 AM EST
What Happens To Student Loans When the Fed Raises Rates
The Federal Reserve increase in interest rates will not have any dramatic changes on student loans interest rates, but it depends on the market benchmark rate.
Dec 19, 2015 12:35 AM EST
Black presence on U.S. Boards decrease due to stronger influence of activist hedge funds
There are lesser African-Americans in executive positions in boardrooms in top US companies now than there were before.
Dec 19, 2015 12:31 AM EST
Former Intel President Joins Oracle as Independent Director
Renee James, former president of Intel Corp. joins Oracle Board as one of the Directors. Renee James, who was one of the top executive in Intel Corp. joined Oracle as one of the members of the company's board of directors.
Dec 18, 2015 10:16 PM EST
Village Doctor in Cambodia Infected 280 People with HIV
Unlicensed doctor infected 280 people in Cambodia with HIV because of reusing the syringe. Cambodia has its own style of medical treatment, which almost everyone that sees a doctor or come to a hospital will be given an injection or intravenous drip.
Dec 18, 2015 10:15 PM EST
Black Lives Matter & Mall of America in Loggerheads: One Fights For Causes, Another Secures Property
Black Lives Matter, a rights organization, appears in loggerheads with the Mall of America, while announcing a rally on next Wednesday at the latter’s premises unlike previous year, protesting the gruesome killing of Jamar Clerk, a black youth of 24 years, allegedly due to the shooting of two Minneapolis police officer. Since the mall is private property, so authority of the mall, empowered with related court order, vows to protect its guests even through dispersing the protesters.
Dec 18, 2015 5:50 AM EST
Non- Officers Allowed to Fly Drones: Air Force Follows Predecessor
The Air Force adopted policy, unveiled on Thursday, has allowed enlisted non- officers to become drone pilots for the first time. The announcement appears to be an alternative measure after the Air Force has apparently failed to allure officers to become drone pilots against annual monetary incentive. The decision is believed to be a similar one that has been adopted by its predecessor. The Army Air Corps., which too allowed enlisted airmen to fly warplanes in WWII.
Dec 18, 2015 5:44 AM EST
Amazon Shuns Selling Hoverboards: Fire Risk Demands for Stringent Implementation of Consumer Act
Amazon, the online sales store has decided to shun selling of self balancing scooters or hoverboards after Trading Standard, Product Safety watchdog confiscated some 15,000 hoverboards, those have been brought to UK for selling. Non compliant UK plugs, faulty chargers and cables have caused fire incidences in UK, USA and Hong Kong. Moreover, faulty design containing lithium ion- powered battery emits radiation that may cause fire and so aircraft have also slapped ban on carrying any sort of self driving scooters.
Dec 18, 2015 5:41 AM EST
The Sharing Economy: Who Really Benefits?
Businesses like Uber and Airbnb use individuals as their product, but companies like these may ultimately be hurting the economy by circumventing established regulations and the safety of their customers.
Dec 18, 2015 4:07 AM EST
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