Ex-US Treasury Secretary urges Federal Reserve to not make the 'Serious Error' of Raising Interest Rates
Ex-U.S. Treasury Secretary Larry Summers warns that the fierce sell-off on the global markets might lead to a very serious situation, and that the Federal Reserve’s plan to raise interest rates is a big mistake.
Aug 26, 2015 03:44 AM EDT
Intel Seeks to Improve Cloud Services from OpenStack with $100M Investment in Mirantis
Intel invests $100 million to Mirantis hoping to improve OpenStack, an open source cloud-based operating system.
Aug 26, 2015 03:42 AM EDT
Cavendish Kinetics to raise 36M for smartphone reception improvement with its new generation RF MEMS
Cavendish Kinetics raised $36 million to further develop smartphone reception technology.
Aug 26, 2015 03:41 AM EDT
Wall Street Experienced a Staggering 1,200 Unprecedented Emergency Freezes
The dramatic selling on Wall Street Monday triggered 1,200 unprecedented emergency halts on the stocks and exchange-traded funds.
Aug 26, 2015 03:39 AM EDT
A Survivor's Guide to the Market Crash: Don't panic
Analysts advise investors not to worry about ongoing market crash as it's only a correction after recording continuous growth of over 200 percent since economic crisis in 2009. The stock markets fell about 10 percent in the latest market downfall.
Aug 26, 2015 01:40 AM EDT
Ashley Madison hacking update: Victims experience hate crimes, extortion, and suicide
Hacks against Ashley Madison have rippled to various crimes directed towards the victims who were the users. The crimes ranged from extortion attempts to something as serious as suicides.
Aug 25, 2015 11:43 PM EDT
Chipotle to go on hiring spree; 4,000 people new jobs up for grabs on September 9
Chipotle invites talented individuals to become part of their company's success on their National Career Day on September 9 where they will hire 4,000 employees onsite.
Aug 25, 2015 11:27 PM EDT
Foreign trade, medium-sized entrepreneurs, and powerhouses are the key to a healthier UK economy
Since the European Union's economy is getting stronger, reports states that there are three key area that the U.K. government must consider; foreign trade, the mid-sized businesses and the powerhouses.
Aug 25, 2015 10:49 PM EDT
BT Group frustrated over unfair competition from US competitors
BT Group Plc is not happy with the way things are going regarding the competition because they could not get access to the giant telecom companies of Verizon and AT&T's network for a regular price rate causing them to charge customers more to offset the large fees they have to pay in return for carrying data over these wires.
Aug 25, 2015 10:43 PM EDT
Is crowdfunding a safe haven when markets suffer selloff?
The current turmoil across the global stock markets leaving more scope for crowdfunding. many start ups and potential investors are looking positively at crowdfunding option as it's difficult to raise money from the market.
Aug 25, 2015 04:49 AM EDT
How to Properly Handle Student Loans
What students can do to prevent student loans from taking control of their finances
Aug 25, 2015 04:45 AM EDT
ZeroCater soars $100M sales starting from only $7,000
ZeroCater, a startup business servicing meals to large companies had earned $100M with $1.5M funding. Arram Sabeti, the owner started out his business with just $7000.
Aug 25, 2015 03:52 AM EDT
Michael Jordan proves he wasn’t after the money, Donates $8.9M to charity
Jury awards Michael Jordan $8.9 million to Michael Jordan after grocery store chain Dominick's used his identity for a steak ad. Jordan plans to donate all money to charity.
Aug 25, 2015 03:51 AM EDT
Currency carnage melting down London property boom
The fall in emerging economies currencies and rising British pound value are creating hurdles in the London's property markets. the strength of British pound is making London real estate costlier for overseas buyers.
Aug 25, 2015 03:50 AM EDT
New BhS owners are looking for £70M to finance revival
New BhS proprietors are now looking for funds to back their recovery plan for the store chain.
Aug 25, 2015 03:49 AM EDT