More than two dozen companies in the US join Starbucks in assuring Americans to create 100,000 jobs for the unemployed youth by 2018.

Aug 13, 2015 03:46 AM EDT

GE has decided to sell its healthcare financial business unit to Capital One for $9bn. This is part of its business plan to offload $100-bn worth assets by 2015 end. GE to remain focused on its core business operations.

Aug 13, 2015 03:03 AM EDT

Foreign banks prefer to park their excess funds with the US Fed. The unprecedented rise of excess reserves at US Fed has become a cause of concern for the government.

Aug 13, 2015 02:54 AM EDT

Good news for movie buffs. Verizon has successfully tested a new broadband technology allowing users to download a movie in a matter of seconds.

Aug 13, 2015 02:43 AM EDT

Macy's, News Corp, Alibaba and Cisco are scheduled to report their quarterly revenue on Wednesday. Analysts are eyeing the movement of four companies in the stock market.

Aug 13, 2015 02:00 AM EDT

Responsible Banking Act that sought to be socially responsible to their low-income neighborhoods was deemed unconstitutional by the federal court.

Aug 12, 2015 11:03 PM EDT

Ford is moving its production of F-650 and F-750 commercial truck from Mexico to Ohio to save expenses.

Aug 12, 2015 10:54 PM EDT

The nation’s largest wireless company is ditching its two-year service contracts, offering a new system that allows customers to buy phones upfront or pay for it through a two-year monthly program. This brings plenty of benefits, especially when it comes to saving more money for a phone.

Aug 12, 2015 10:50 PM EDT

It is still a year before the 2016 Summer Olympic Game to be held in Rio de Janeiro, but different marketers of all sorts began the countdown. David Berkowitz, CMO of MYR said that his firm has released a report from Marketer's Road to the Olympics emphasizing the different marketing strategies to showcase brands.

Aug 12, 2015 10:47 PM EDT

Two hackers and a group of traders had earned $100M illegal profit on the stock market taking advantage of 80,000 cracked advance press releases from three online news websites for five years.

Aug 12, 2015 10:24 PM EDT

Warren Buffett makes his biggest acquisition ever, buying aerospace supplier Precision Castparts for $37.2 billion, including its debt. Buffett says the company's CEO Mark Donegan made quite an impression during their first meeting, prompting him to make an offer.

Aug 11, 2015 11:29 PM EDT

Eleanor Roosevelt is leading the votes in the recent survey conducted by The Marist Poll on who among American women should be in the next $10 bill.

Aug 11, 2015 11:24 PM EDT

Adobe Systems, Inc. made significant changes to their parental leave policy to offer better work-life balance to employees.

Aug 11, 2015 11:17 PM EDT

The recovery in the US economy is creating more jobs, thus increasing the demand for manpower and pushing the wages upwards. Some cities are registering over 4% wage growth.

Aug 11, 2015 10:52 PM EDT

Google has added a new feature called 'Night Mode' that enables users to navigate through the routes during the night time without suffering from eye strain or temporary blindness due to a phone's bright light.

Aug 11, 2015 04:24 AM EDT