Articles by Staff Writer

BBM lets Canadian users send and receive money by integrating with PayPal

BlackBerry Messenger partnered with PayPal to provide a peer-to-peer send and receive money feature, which is still in its beta stage.

Aug 13, 2015 11:28 PM EDT


Google's Life Science to develop bandage-sized glucose monitoring device in partnership with Dexcom

Google Life Science division has struck a deal with glucose monitoring company Dexcom to develop a product that will help people with diabetes.

Aug 13, 2015 11:26 PM EDT


An Apple at Work: Apple's Mobile Mobility Program wants iPad to be the preferred work tool

Apple has entered into a partnership with several tech companies in order to integrate the iPad into more workplaces.

Aug 13, 2015 11:21 PM EDT


Women executives in Charlotte share their stories; how they get on top?

Women executives of Charlotte, North Carolina shared their stories and experiences in their careers in a recently held Charlotte Chamber's "Women Who Lead".

Aug 13, 2015 10:55 PM EDT


Bumble Bee Foods to pay $6M in fees for horrific death of worker

Bumble Bee agrees to pay $6 millions in fees for the horrific death of an employee in 2012.

Aug 13, 2015 10:42 PM EDT


Hard hit by plunge in Motorola sales, Lenovo to slash 10% workforce

The Beijing-based Lenovo Group has decided to cut 10% white collar jobs numbering 3,200 after the sales fell by one-third in Motorola handsets.

Aug 13, 2015 08:32 AM EDT


Ohm Battery promises peace of mind by solving key problem areas in car battery technology

A next-generation car battery is in development that could solve several issues related to modern car batteries.

Aug 13, 2015 04:51 AM EDT


Chris Payne out as Tinder CEO after only five months; Sean Rad is taking back the position

Christopher Payne is out as Tinder CEO. Cofounder Sean Rad will take over and Greg Blatt is appointed as Tinder Executive Chairman.

Aug 13, 2015 04:42 AM EDT


Funding Circle lines up $1B funding for small business lending globally

Funding Circle is prodiving hassle-free funding to small business units at low cost of borrowing globally. It also offers risk management solutions to the entrepreeurs. It has already surpassed $1-bn mark in lending and decided to lend 1-bn funds to small businesses.

Aug 13, 2015 04:40 AM EDT


Legionnaire's Bacteria Forced GSK to Stop North Carolina Plant Operation

GlaxoSmithKline closes it North Carolina plant due to a Legionella bacteria's discovery in the cooling tanks of Zebulon plant after routine inspections. It will resume operation after the problem has been solved and confirms no expectation of a disrupt in medicine supply.

Aug 13, 2015 04:35 AM EDT


iRobot's robotic lawn mower gets U.S. regulatory approval, brings grass cutting to new heights

iRobot Corp Inc recently got approval from the Federal Communications Commission to manufacture and sell their new automated lawn mower.

Aug 13, 2015 04:27 AM EDT


Ford Targets Emerging Markets with Frugal India Build, In a Bid to Compete With its Rivals in 5th Largest Auto Market

Using India-based engineering, Ford aims to penetrate the India market in a bid to compete against its Asian rival auto companies that are outselling them in the arena.

Aug 13, 2015 04:16 AM EDT


Kraft Heinz terminates 2,500 jobs in the U.S. and Canada to save costs

Kraft Heinz is cutting 2,500 jobs around the United States and Canada. Seven hundred of it will include its labor force in Northfield, Illinois.

Aug 13, 2015 04:14 AM EDT


US banks lead the equity trading revenues in Q2

Morgan Stanely, JPMorgan Chase and Goldman Sachs account for 40% market share in equities trading. Many US banks registered encouraging growth in trading revenues.

Aug 13, 2015 04:10 AM EDT


Continued oil price crash reached lowest level

U.S. crude oil price falls down to its level in more than six years. Over-supply of crude seen as one of the reasons for the oil's low price including the China's yuan devaluation. While most crude oil consumers enjoy the benefits of getting lower fuel, oil industries suffer from low profits forcing them to cut on expenditures and employment.

Aug 13, 2015 04:06 AM EDT


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