Result Page 19 for Staff Writer

Articles by Staff Writer

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Debt fund blocks investors from withdrawing assets, emphasizing junk-bond plunge

Avenue Focused Credit Fund is blocking its investors from withdrawing their money, which emphasizes the junk-bond decline.

Dec 14, 2015 4:05 AM EST

Talks about U.S. confiscated property in Cuba begins

Faced with sorting out nearly six decades of financial claims and counterclaims against one another that run into the hundreds of billions of dollars, diplomats from the United States and Cuba resorted on Tuesday over one of the most contentious issues remaining between the two countries. The two sides are sitting down for the first time to discuss the American properties Cuba confiscated decades ago.

Dec 14, 2015 4:00 AM EST

Paris Talks: All is well for India in deal, except coal line

India’s coal plans came under repeated attack from developed nations and western media during the two-week climate change conference in Paris. India mostly agrees with the Paris agreement to make a transition to renewable energy. But the inclusion of one line in the article dealing with the deal’s purpose might prove to be a big irritant in its plans to build coal-fired power plants

Dec 14, 2015 3:54 AM EST

Public comments flood in as FDA seeks the meaning of “natural” in food labels

The FDA has received thousands on public comments about the use of "natural" labels on foods. The agency asks the public to comment on food labelling until February 10 next year.

Dec 14, 2015 3:28 AM EST

Embarrassing Qatar Airways Debut Flight in the U.S.

Qatar Airways first flight from U.S. ended in an embarrassing failure. Its new Airbus A350 failed to take off in New York's JFK Airport on Thursday.

Dec 14, 2015 3:19 AM EST

DraftKings and FanDuel got temporary reprieve after operations got suspended in New York

A Supreme Court Appellate Division judge gave daily fantasy sports giants DraftKings and FanDuel temporary reprieve to continue its operations in New York until January 4.

Dec 14, 2015 3:11 AM EST

China's oil processing up as plants' operations resume

China’s crude processing surged to record high as the country’s refineries restarted producing up to 10.73 million barrels per day.

Dec 14, 2015 2:59 AM EST

To raise money, Syria government imposes tax on Shawarma, restaurants

The Syrian government has imposed taxes on shawarma, and has imposed harsher laws on other everyday life businesses to keep economy going amidst the on-going civil war.

Dec 13, 2015 9:55 PM EST

Colombian central bank hints at rate hike

The Colombian central bank is likely to hike interest rate in its meeting on 18 December. The central bank in its previous three meetings raised the interest rate. The Colombina economy is growing at faster rate than any Latin American economy. However, Colombia is still suffering widening gap of current account deficit.

Dec 13, 2015 9:47 PM EST

Congress to abolish crude export restrictions, oil refiners to receive $3 a barrel tax break

Forty year old oil export restrictions to be lifted in exchange of tax credit conditions from the Democrats.

Dec 13, 2015 9:45 PM EST

Chinese family businesses should learn from Vatican financial discrepancies

Two Italian journalists authored two books -- ‘Merchants in the Temple’ and ‘Avarice.’ These books highlighted the financial discrepancies at Vatican City. The Vatican Bank had a reputation of tax evasion and money laundering. The Vatican Pension Fund has €800-million deficit. Media reports say Chinese businesses have a lot to learn from the Vatican.

Dec 13, 2015 9:44 PM EST

On-demand parking service Luxe offers subcription options

Luxe, a parking service app, now offers a subscription option for consumers who frequently use the valet parking service. Starting at $139 per month, Luxe claims that its subscription service is up to 40% cheaper that current monthly parking option.

Dec 13, 2015 9:35 PM EST

Ted Cruz Campaign collects psychological data from Millions of Facebook users

US Presidential Candidate Ted Cruz collected massive psychological data from unwitting US Facebook users to boost his position in the presidential race.

Dec 13, 2015 9:34 PM EST

Talks of Dow-DuPont Merger: Futuristiic Powerful Mergers Can Help to Reshape the US Corporates

The big stakes are being built in big companies by the active new investors. It will help in reshaping the US corporate structure.

Dec 13, 2015 2:09 AM EST

Designer Paul Smith reorganized his fashion empire after worst performing annual profit

Britain fashion icon Paul Smith reorganized his company after annual profits halved into the lowest levels since its 40-year existence.

Dec 13, 2015 1:43 AM EST

SuperAwesome, Poki online games develops safe ads platform for kids, ensures VTech Hack won't happen again

SuperAwesome teamed up with the Poki online games to develop AwesomeAds, an advertising platform safe for kids.

Dec 13, 2015 1:30 AM EST

Qualcomm requires Three-Year stake holding before nominating for proxy

Qualcomm Inc. changed its proxy rules requiring shareholders to have their stake in the company for at least three years.

Dec 13, 2015 1:19 AM EST

Bloom Lake iron-ore mine in Quebec now has a buyer after suffering massive losses

Champion Iron Ltd. bought Bloom Lake iron ore mine in Quebec for an amount of $10.5 million after the miner crumbled down a year ago for suffering massive losses

Dec 13, 2015 1:14 AM EST

CBS CEO said Apple paused TV subscription making it hard for broadcasting firms to coordinate

CBS Corp. Chief Executive Officer Les Moonves said that Apple put on hold its TV subscription plans.

Dec 13, 2015 1:05 AM EST

Elon Musk's Open A.I. reached $1 billion funding in hopes to develop Artificial Intelligence

Tesla Motors CEO Elon Musk raised $1 billion funding for an artificial intelligence research initiative that aims to develop A.I capable of performing human tasks.

Dec 13, 2015 12:57 AM EST

Air Force to double drone squadrons in US, abroad

The Air Force announced Thursday that it plans to increase the numbers of its drone squadrons from eight to seventeen.

Dec 12, 2015 9:27 PM EST

YouTuber creates Lego Chicken McNugget vending machine

YouTuber created a vending machine made out of LEGO toys that dispenses McDonald's chicken McNugget.

Dec 12, 2015 9:24 PM EST

Painkillers, Heroin increase US overdose cases

Powerful opioid painkillers and heroin are the leading causes of drug overdose in the US, according to new statistics from the Centers for Disease Control and Prevention.

Dec 12, 2015 9:13 PM EST

Golden Globes Nominees: We Like to Netflix and Chill Too

The nominations have been announced for the 73rd Golden Globe Awards and the majority of the nominees are from the on-demand viewing channels instead of broadcast TV.

Dec 12, 2015 8:26 AM EST

Yahoo! Mail now allows Gmail accounts access

Yahoo Mail added Gmail account access on it's new app with smarter contacts manager and some extra new features.

Dec 12, 2015 3:28 AM EST

Malaysia Airport seeks owner of Boeing 747s left at KLIA

Three aircraft were left abandoned in Kuala Lumpur International Airport (KLIA). When nobody came forward, operators were forced to advertise that if nobody claims it, they can sell the property. The three aircraft include two passenger aircraft and one cargo plane.

Dec 12, 2015 3:07 AM EST

Chinese researchers creates mind-controlling vehicles

Chinese researchers have come up with the idea of mind-controlling vehicles. According to them, it will be their first ever brain operating car. To operate it without the help of manual power, driver needs to wear an equipment that captures EEG signals from the driver's brain.

Dec 12, 2015 2:58 AM EST

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