Articles by Staff Writer

Goldman Sachs to shell out $272M to settle mortgage suit led by union pension funds

Ending a seven-year suit in New York southern district court, Goldman Sachs has agreed to pay $272 million to over 400 bond investors to settle the lawsuit.

Aug 16, 2015 11:21 PM EDT


India High Court favored Nestle over food regulator noodle ban

Nestle India breathes a sigh of relief when India High Court lifts the noodle ban imposed by a domestic food regulator accusing Maggi noodle with high levels of lead content. Even so, Nestle still has to submit samples from the said product for testing by accredited food regulators and once proven that the noodle is safe to eat, that is when Nestle could start again manufacturing Maggi noodles.

Aug 16, 2015 11:12 PM EDT


Fiat Chrysler recalls 85,816 2015 Chrysler 200 sedans due to faulty connections

Fiat Chrysler Automobiles is recalling 85,816 Chrysler 200 released in 2015. A post-production evaluation founds out that the unit has faulty connections.

Aug 16, 2015 06:26 AM EDT


Majority of Wall Street investors are not tempted on solar market

Investors on Wall Street are not convinced with the popularity of solar panel technology as solar companies publicly offered in the stock market has been devalued for two weeks.

Aug 16, 2015 05:08 AM EDT


Google and Dell introduce enterprise-class Chromebook

Google for Work has introduced a new addition to the Chromebook series, this time an enterprise-class laptop. The Chromebook 13 sets itself apart by being more of a business-class machine compared to the Asus models, which are geared towards home and casual users, such as educational institutions.

Aug 14, 2015 11:18 AM EDT


United Airlines Adds Interactive Map to iOS App

United Airlines adds a useful update to their app on the Apple App Store: interactive maps to help users navigate their way around the airport.

Aug 14, 2015 04:35 AM EDT


Despite jobless claims up, US 4-week average at 15-year low

The US economy witnessed a sudden rise in new application for jobless benefits. However, the four-week average eased to 15-year low indicating continuous recovery in the economy.

Aug 14, 2015 04:33 AM EDT


Sesame Street turns exclusive; Airs on HBO Starting this Fall

Sesame Street and HBO signs a five-year deal that would bring the iconic children's show to a private network.

Aug 14, 2015 04:29 AM EDT


Scott Walker approves $250M Bucks Arena

Wisconsin Governor Scott Walker signs the bill that will allow $250 million in public money to fund the new arena for Milwaukee Bucks. The rest of the money will come from Edens-Lasry and former owner Herb Kohl.

Aug 14, 2015 04:25 AM EDT


Street Talk: Look beyond just price, determine the market breadth, which is recently getting weaker

Market Breadth measures the health of the market. Since it turned negative from positive, people should be extra cautious.

Aug 14, 2015 04:22 AM EDT


Set yourself free: How to stay away from the college debt row

Forbes took to college financing guru Mark Kantrowitz for advice on how to curb student loans - some easy ways are knowing the different types of student loans, reduce costs, and not to over-borrow.

Aug 14, 2015 04:06 AM EDT


3% annual pay raise is the new norm - Towers Watson

Base pay raises in the United States are projected to be at 3% on average in 2016. Although that is the same as this year, the number of employers giving salary increases is rising.

Aug 14, 2015 03:34 AM EDT


Bill Gates’ Poop Machine can solve a sanitation problem with a clean water and biofuel solution

The Jackini Omniprocessor, better known as poop machine, undergoes testing at Dakar, Senegal. Gates wrote on his blog that he was impressed with what Jackini has built and he is thrilled with the business model.

Aug 14, 2015 03:24 AM EDT


Going back to school is expensive to both parents and teachers: study

Not only parents are looking for ways to save on back to school shopping. Survey says that teachers are also looking for discounts on school supplies as they are spending their own money for their school needs.

Aug 13, 2015 11:36 PM EDT


AT&T counting on DirecTV, expansion in Mexico for topline, bottomline growth

After the acquisition of DirecTV, the US wireless carrier AT&T is aiming to achieve double digit growth rate during the rest of 2015 and continue to grow throught 2018. AT&T plans expansion in Latin America.

Aug 13, 2015 11:31 PM EDT


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