Articles by Staff Writer

Delta Million Mile Status: Earning free $645 Delta Million miler gift

The Delta Platinum Medallion package offers the new Platinum Medallion credentials. The members of the million miler club will also get a free $645 Delta Million miler gift.

Oct 31, 2015 08:58 AM EDT


Hilton HHonors Members Discount: AARP Members get up to 10% off on select stays

Hilton is currently considering to give HHonors members a discount when they book directly through the hotel chain. The rates seem to be acessible to all HHonors members, regardless of status level.

Oct 31, 2015 08:28 AM EDT


GM promises UAW $1.9 billion for US operations, 3,300 union jobs

General Motors entered a contract with The United Auto Workers union to provide $1.9-billion investment in US operations that would add 3,300 union jobs in the country.

Oct 31, 2015 08:16 AM EDT


Fed keeps interest rates near zero, but hints of increase by mid-December

The Federal Reserve kept interest rates near zero last Wednesday after a two-day meeting, but said that it considers increasing it in their final meeting this year in mid-December.

Oct 31, 2015 08:01 AM EDT


Facebook Becoming Like Craigslist with new Local Market

Facebook is testing its “Local Market,” which is a more structured marketplace for users to browse, search, buy, and sell products online like Craigslist.

Oct 31, 2015 07:42 AM EDT


Nissan Expects to Sell 1 Million Autos in China this Year after Rebound in Demand

Nissan expects a million sales of passenger vehicles in China, as demand for cars rebounds after the government cut a purchase tax on small passenger vehicles.

Oct 30, 2015 06:48 AM EDT


Hershey cuts profit forecast, reports lower US sales due to growing income gap

Chocolate maker Hershey Co is getting squeezed with the growing gap between low income and higher income US households, as it reported a lower-than-expected US sales Wednesday, cutting its profit forecast for 2015.

Oct 30, 2015 06:29 AM EDT


Santos received $1.1B offer from Quadrant Energy for Western Australian Gas Fields

Santos Ltd got a formal bid for $1.5 billion from Quadrant Energy Pty for a 45 percent stake in its Australian oil and gas fields located in the Carnarvon Basin.

Oct 29, 2015 10:32 PM EDT


Glencore to invest $950M to Mopani Copper Mine over three years

Glencore plans to invest its copper mine in Zambia for $950 million over three years. The company will upgrade the copper mine after 18 months of halting production due to a drop price for metals.

Oct 29, 2015 10:05 PM EDT


China's economy contracts due to efforts to curtail pollution

While it's true that China is the most sought-out manufacturing country in the world, it has also suffered the consequences due to dangerous emissions from industrial plants. Now, the country's economy is experiencing a drop in an effort to address the issues concerning pollution.

Oct 29, 2015 10:03 PM EDT


Elon Musk's Hyperloop is now building a test track

Hyperloop Transportation Technologies (HTT) is reportedly set to begin construction of the first Hyperloop test track in a couple weeks. The $150 million track will be built in Quay Valley, United States.

Oct 29, 2015 09:58 PM EDT


Apple's profit soars 31%, but holiday forecast muted

Apple's profit last quarter soared 31% from a year ago, beating Wall Street expectations. Despite that, the company's stock price closed flat Tuesday, after investors deemed the company's forecast for this holiday quarter muted.

Oct 29, 2015 09:55 PM EDT


IBM and The Weather Company work together to monitor Earth's atmosphere

In an effort to provide people 100% accurate weather readings, IBM and The Weather Company have decided on furthering negotiations that will make use of both companies' technologies.

Oct 29, 2015 09:54 PM EDT


Short sellers double bet on Weight Watchers as Oprah invested $43 million

Short sellers double down on Weight Watcher International, a weight management program service company, after its shares rose by Oprah's investment influence. Oprah invested $43 million for 10% stake for the company.

Oct 29, 2015 09:48 PM EDT


Surging dollar hits PayPal's revenues

After offloading eBay, PayPal has announced its results. The third quarter numbers disappointed investors, who are anticipating good results following the encouraging numbers from eBay. The rising US dollar hits revenues from China and Europe for PayPal.

Oct 29, 2015 09:45 PM EDT


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