Articles by Staff Writer

361-390 (out of 3726)

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


Ericsson gets patent income from Apple’s iPhone sales profit

Ericsson has signed patent agreement with Apple over the wireless technology used in iPhones and iPads. The deal meant Apple would make one time payment and ongoing patent royalties payment to Ericsson.

Dec 22, 2015 9:28 PM EST


Turing CEO Martin Shkreli Arrested for Securities Fraud

Martin Shkreli, now a former CEO of Turing Pharmaceuticals was arrested last week for security fraud. Shkreli was known for his notorious hedge fund activities in phamaceutical industry.

Dec 22, 2015 9:16 PM EST


Alibaba Hired Top Counterfeit Investigator

Alibaba Holding hired Matthew Bassiur to remove counterfeit product off its site and maintain Alibaba reputation as a global marketplace.

Dec 22, 2015 9:13 PM EST


Qihoo Joins Other Chinese Company To Go Private

Qihoo 360 will delist from New York Stock Exchange after a consortium of buyers agreed to pay its American depository share.

Dec 22, 2015 9:09 PM EST


Hillary's tough financial measures shrugged off by Wall Street

Wall Street is not worried about Hillary Clinton's proposal of stringent measures. The Democrat Presidential candidate is facing criticism over the contributions received from the Wall Street. Hillary said the donations from securities and investment segment are less than three percent of the total contributions she received.

Dec 22, 2015 8:23 PM EST


Panasonic to acquire US refrigeration firm Hussmann for $1.5 billion

Japanese electronics maker Panasonic announced it has agreed to buy the U.S. refrigeration firm Hussmann in a $1.54 billion deal. The deal is expected to close in April 2016.

Dec 22, 2015 10:00 AM EST


United Airlines' dog therapy to ease travel stress

In addition to cookies, good coffee and other refreshments, United Airlines is offering an innovative service to its passengers to deal with stress. The airline is keeping trained dogs at seven major airports for its passengers to spend waiting time. Research shows that dogs help people getting out of the stress.

Dec 22, 2015 9:53 AM EST


German labor union Verdi calls out strike for Amazon workers

Amazon German employees have been called out for strike by labor union Verdi. It is the third consecutive year of the strike, aiming to raise pay rates and provision of other benefits. The company's warehouses opened in Poland and Czech Republic provides workers with wages, which is quarter to what earned by German workers.

Dec 22, 2015 9:34 AM EST


Want an Alternative to the Traditional Utility? Look at Tanzania.

The future alternative to the traditional electric utility may emerge first in The East African nation Tanzania. This nation has developed the best system of regulating and spurring off-grid power systems anywhere in the world, according to the annual Climatescope study into energy investment trends in developing nations by Bloomberg New Energy Finance.

Dec 22, 2015 7:55 AM EST


McDonald's Japan Shares Plunge After Report That US Parent Company May Sell Stake

McDonald fell the most in almost five years after a report that says the American fast food chain was looking for investors to offload its stake in the Japanese that's struggling to recover from a series of food scandals. McDonald's Corp., the U.S. parent company, is reportedly looking to gain about 100 billion yen ($825 million) and has asked potential buyers to respond by mid-January.

Dec 22, 2015 7:50 AM EST


Gillette is suing the Dolar Shave Club

Gillette filed a patent lawsuit Thursday against Dollar Shave Club Inc. The company is seeking both damages and an injunction to stop the club from selling razors that violated its copyright.

Dec 22, 2015 7:38 AM EST


Australia Revealed List of 600 Major Corp Paid Little to No Income Tax

Australia's tax office published a list of 1500 companies that made more than $100 million in 2013-14 and about 600 paid little to no income tax.

Dec 22, 2015 7:22 AM EST


Ex-Hedge Fund Manager Shkreli, arrested for jacking up the price of a life saving drug by 5,000%

A 32-year-old former hedge fund manager, Martin Shkreli got arrested for jacking up the price of a life-saving drug by fifty-fold. However, later he was released on bail through $5 million. He is also alleged of punching up a photographer outside a courthouse.

Dec 22, 2015 3:42 AM EST


Dell says could buy back $3 billion in VMware tracking stock

Dell could approve a $3 billion fund to purchase back VMware tracking stock on Monday. On Monday, Dell said the company could approve a $3 billion cheque to purchase back VMware tracking stock to issue to finance its EMC acquisition.

Dec 22, 2015 3:34 AM EST


2015 Cybersecurity market to reach $75B, will continue to grow

The global cybersecurity market continues and is expected to reach $75 billion in 2015. It is anticipated to continue its growth for the next five years to $170 billion by 2020.

Dec 22, 2015 3:33 AM EST


Fake explosive device forces Air France flight to make emergency landing in Kenya

A fake explosive was found on an Air France plane en route from Mauritius to Paris, forcing it to make an emergency landing in Kenya.

Dec 22, 2015 2:00 AM EST


Ninebot One to solve personal transport system woes

Tianjin-based Tech Company Ninebot Inc plans to solve car park problems in big cities in China through its two-wheel self-balancing equipment.

Dec 22, 2015 1:41 AM EST


Russia will continue to develop nuclear weapons; but will not use them

Russia will produce more nuclear weapons but promises not to use them. Russian President Vladimir Putin says he will continue to develop nuclear weapons but has no intentions of using it.

Dec 22, 2015 1:38 AM EST


Star Wars: The Force Awakens breaks several blockbuster records

Star Wars: The Force Awakens breaks major movie records held by Jurassic World, Harry Potter, and The Hobbit.

Dec 22, 2015 12:41 AM EST


Rechargeable lithium-ion batteries causes hoverboards to explode

Low quality rechargeable lithium-ion batteries are the major reasons why hoverboards are exploding. Misuse is also another reason.

Dec 22, 2015 12:31 AM EST


MIT's New Amazing App Lets You Program On Any Object

The MIT's Reality Editor application will give complete control over the smart gadgets in their households.

Dec 21, 2015 11:51 PM EST


Nevada Lawmakers Approve $335M Deal to let Faraday Future in the state

Nevada lawmakers approved a $335 million deal to bring upstart electric car maker Faraday Future into the state.

Dec 21, 2015 11:46 PM EST


Kuwait Airways cancels New York-London Flight to avoid serving Israelis

Kuwait Airways ditched its New York-to-London flights to avoid doing business with Israeli passengers since their country prohibits them from doing business with the Jewish state.

Dec 21, 2015 11:30 PM EST


Nissan Leaf outsells Tesla Model by over 100,000

Tesla already sold 100,000 Model S units so far, but Nissan surpassed those sales with 200,000 Leaf units sold as of today.

Dec 21, 2015 11:23 PM EST


Texas Children Group receives $50,000 Check Left under Holy Infant Figure

The Children's Home in Amarillo, Texas, received a $50,000 check that was left under a baby Jesus figure in the Nativity scene outside its office. The donor asked for anonymity.

Dec 21, 2015 11:13 PM EST


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