Articles by Staff Writer

Transgender models are the new face of & Other Stories

Two transgender models are featured in a new fashion campaign by & Other Stories. The H&M sister brand also hired an all-transgender crew members during the shoot.

Aug 17, 2015 04:11 AM EDT


Buoyed with soaring profits, Spreadex ups dividend 4 times

UK betting firm Spreadex has quadrupled its dividend payout for the year ended May 2015 as significant jump recorded in sales and profits.

Aug 17, 2015 04:08 AM EDT


401K: The Good, The Bad and The Ugly Alternative

The 410K has been a glimmer of hope to the vast majority of employees yet throughout its existence, it has provided very little benefit to retirees and their family.

Aug 17, 2015 04:04 AM EDT


KKR's Samson Resources to File for Bankruptcy

KKR's Samson Resources investment will be taken over by its lenders due to bankruptcy. The company will skip its $110 million interest payment through a 30-day grace period.

Aug 17, 2015 03:19 AM EDT


NASA crowdsources a smartwatch for space; offers $1,500 to winning design

NASA is challenging programmers, UI interface designers and the likes to participate in their smart watch app interface design contest which will end on September 9. They will give out $1,500 to the winner.

Aug 17, 2015 03:16 AM EDT


Waze co-founder Uri Levine still lives in a rental apartment even after the $1B sale to Google

Uri Levine, the co-founder of Waze saved his money when Google bought the app in 2013 for $1B. Right now, he still lives in his apartment.

Aug 17, 2015 03:07 AM EDT


Leaked documents shows NSA and AT&T worked together in online surveillance

AT&T and NASA had an agreement to spy people's networks, accumulating information such as email and contacts for over 10 years. As of now, it's unsure if there are still transactions going on between the two.

Aug 17, 2015 02:57 AM EDT


Breather for BT as telecom regulator gives green signal in 12.5B EE buyout deal

UK telecom regulator Ofcom favored BT in GBP 12.5-bn buyout deal of EE in its report to Competition and Markets Authority (CMA). Other telecom companies express fears that deal would create a industry giant that will kill the competition. Now, the ball is in CMA court.

Aug 17, 2015 02:50 AM EDT


Down Under: Gender pay gap is widest in Western Australia

It is an agony for most of the working women to receive wages far lower than men. Gender should not be an excuse since most of the men's work can now be done by women.

Aug 17, 2015 02:37 AM EDT


China requires bold structural reforms for new sources of growth: IMF

Despite slow down in growth, China can sustain the progress and manage the risk, says IMF in its latest assessment report on the world's second largest economy.

Aug 17, 2015 02:18 AM EDT


Samsung Galaxy Note 5 will be available in Q4 in the US

Samsung Note 5 which is the new addition to the Samsung Note phablet family was launched in New York. The South Korean firm has no plans of releasing the Note 5 in Europe, citing marketing reasons and a change of strategy.

Aug 17, 2015 02:00 AM EDT


Volkswagen and Mazda recalls more than 600,000 vehicles in the US

Volkswagen and Mazda to recall more than 600,000 cars to due airbag and corrosion problems. The car makers announced the recall after regulators decided to open investigations this year.

Aug 17, 2015 01:42 AM EDT


Zirtual faces lawsuit for abrupt mass layoff

Zirtual, a company that provides virtual assistants to executives, is facing a lawsuit for violating the WARN Act.

Aug 17, 2015 01:37 AM EDT


Apple charts new programs to help students from minority groups learn to code; diversity figures up

Apple is hiring more women and techies from the minority groups. The world's largest company's aim to achieve diversity in its workforce.

Aug 16, 2015 11:37 PM EDT


GE sells online deposit platform to Goldman Sachs

GE is dismantling its financial services unit to focus on its industrial business. Goldman Sachs has agreed to buy the online deposit platform of its unit GE Capital Bank, which has been under regulatory pressure.

Aug 16, 2015 11:23 PM EDT


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