Articles by Staff Writer

Former JPMorgan analyst Aggarwal charged for insider trading

A former analyst at JPMorgan and his two associates used the prior information regarding two acquisition plans in the technology sector and booked more than $600,000 illicit profit in the insider trading, Three were charged under several sections and produced before FBI, which is investigating the case.

Aug 27, 2015 02:20 AM EDT


Achieve your goals one day at a time - the secret to financial freedom

To reach your financial goals much sooner, a study suggests that it would be best to set your timeline by days, instead of by year.

Aug 27, 2015 02:15 AM EDT


Panic selling causes log in issues in investing websites

Due to the stock market mayhem Monday, trading websites encountered issues of latency, resulting to its customers not being able to log in to their accounts.

Aug 26, 2015 10:29 PM EDT


Fundraising for nonprofits now made easier with Facebook's 'Donate Now' button

Facebook launched Monday its “Donate Now” button, which makes it easier for nonprofit organisations to raise funds for their cause.

Aug 26, 2015 10:22 PM EDT


Lloyds and Royal Bank of Scotland takes beating during plunge in stock market; Government seeks privatization

Lloyds and the Royal Bank of Scotland lost almost £3 billion from their value amid the onslaught of the stock market tumult continues to wreak havoc on some of Britain’s banks.

Aug 26, 2015 10:14 PM EDT


Comcast's super-fast cable internet will surpass Google Fiber

Comcast has plans to offer consumers the new technology that will surpass Google Fiber with its 1 gigabit per second only service. Within 2 - 3 years, Comcast customers will be able to experience the new technology the company is going to serve them.

Aug 26, 2015 10:07 AM EDT


Asian growth plans at risk due to China meltdown

The latest devaluation of Chinese currency Yuan has triggered severe volatility in the foreign exchange (forex) markets. This has led many Asian nations into a dilema and forcing them to not take any major decision on growth plans.

Aug 26, 2015 10:05 AM EDT


Home Care Workers Extra Compensation, But From Whose Pocket?

Health workers devote much of their time and almost half of their lives caring for people who they do not know and are not even blood-related. Because of their patience, hardships, concern, and devotion, frail and disable people young and old were able to maintain a quality life. So it is deserving for them to get a raise as ruled by the court on Friday.

Aug 26, 2015 10:02 AM EDT


Hawaii leads most expensive states in US; New York slips to 3rd position

In a latest survey on living standards in the US, Hawaii emerged most expensive state in America, while New York slipped to third position. the variation in energy bills, other amenities and prices of basic things were considered in the study.

Aug 26, 2015 10:01 AM EDT


Analytics platform ChartMogul raises $900k; to release new APIs

Berlin-based analytics platform ChartMogul has completed a fresh seed round of $900k taking the total raised amount to $1.5million. The will use the funds for product development and enhancement.

Aug 26, 2015 09:57 AM EDT


Liquidity vacuum: GE suffers most since 1987 Black Monday

Global manufacturing giant GE's stock plummeted on Monday and Tuesday on Wall Street in the absence of any major news affecting the company's performance. The plunge of over 20% eroded the stock value by $53billion. Chinese factor after the central bank slashed interest rate, again created fresh bout of fears that dampened that market sentiment and reversing the rebound on Tuesday.

Aug 26, 2015 09:56 AM EDT


Yes, What happens in China matters in your retirement plans

China's currency devalution, slowdown in growth, global exposure would make that what happens in the world's second largest economy will matter a lot in one's retirement plans as well. China's impact on global funds is significant and many emerging economies would also forced to devalue their currencies. This will affect one's retirement plans also.

Aug 26, 2015 09:56 AM EDT


FAA recorded almost 700 drones and aircraft near collisions

Drone flying has been a major problem for FAA because these unmanned aerial vehicles have no pemission to scour restricted areas and should not lift off more than 400 feet or within five miles of any airport.

Aug 26, 2015 05:06 AM EDT


Apple stock rebounds after Tim Cook's e-mail on China sales

Apple CEO Tim Cook issued a rare statement Monday allaying concerns over its business in China amid a slowdown in the world's second biggest economy. Investors responded positively, sending Apple's shares up sharply after a 13% decline.

Aug 26, 2015 05:05 AM EDT


Uber to invest $1B in India after investing another billion in China

Uber is allocating $1 billion for India to expand its operations in that country and get 1 million rides every day within the next six to nine months.

Aug 26, 2015 03:46 AM EDT


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