Google forms a conglomerate with Alphabet as the umbrella company
Google will be replaced by Alphabet Inc. as its new corporate name. CEO Larry Page and President Sergey Brin will still head the corporation. Sundar Pichai was promoted as the new Google CEO which will focus on its internet services.
Aug 11, 2015 04:22 AM EDT
Fed's Fischer says US inflation rate temporarily low while labor market is on a rebound
Vice Chairman assures that the low inflation rate experienced by the US is only temporary and will soon normalize and prices of oil and raw materials stabilize.
Aug 11, 2015 01:48 AM EDT
Verizon Wireless dumps annual smartphone subscription, offers new affordable rate plans
Verizon Wireless replaces annual smartphone subscription with new affordable rate plans as one of the Verizon spokesperson confirmed it will no longer offer contracts and device subsidies.
Aug 11, 2015 01:37 AM EDT
7 US Companies with Amazing Benefits for Parents
Offering parental leave benefits are a way to retain and attract the best talents for these companies. Here are some of US companies that take work-life seriously.
Aug 11, 2015 01:34 AM EDT
Fed rate hike seen with steady July jobs growth
Economists see an interest rate hike, possibly next month, as the US records a steady jobs growth in July. But while new jobs are being created, wages have almost stayed the same.
Aug 11, 2015 01:22 AM EDT
Democratic hopeful Hillary Clinton to propose a college affordability program worth $350B
Hillary Clinton will propose an affordable educational program that will help students to repay their dues, will grant free education to some and will lessen the expenses of educational institutions.
Aug 11, 2015 01:20 AM EDT
Zynga finds refuge from slots with 30 percent revenue growth
Slot games narrowed the $62.5 million losses of Zynga by almost half with its 30% growth in revenue. Its shareholder lawsuit is also settled out of court for $23 million.
Aug 10, 2015 10:57 PM EDT
Prayas Analytics helps retailers boost sales using in-store security camera
Prayas Analytics is a software installed in security cameras. It helps analyze sales transactions inside a store.
Aug 10, 2015 10:52 PM EDT
Rise of the Fallen Titan: Nokia plans for a return to mobile
Nokia declares preparations for its comeback into the mobile business. Reuters reported that Nokia is once again hiring employees with the goal of getting back into the mobile world.
Aug 10, 2015 10:45 PM EDT
Food prices at its lowest in 6 years: Here are the reasons why
Food prices dropped due to abundant supplies of dairy products, soybean, and palm oil, the UN Food and Agriculture Organization reports.
Aug 10, 2015 10:32 PM EDT
Abercrombie & Fitch ends 'on-call' shift in all of its outlets in the U.S. starting September
In response to the letter sent by New York Attorney General Eric Schneiderman regarding the unlawful on-call shift of its employees, Abercrombie & Fitch announced it would end its on-call scheduling in September.
Aug 10, 2015 03:53 AM EDT
Tesco sells 6 billion pounds worth of assets to build turnaround fund
Tesco hopes to end its 'junk' status by filling its 5.74 billion pounds losses this year with a 6 billion pounds sell-off. Investors remain positive with UK's retail giant as shares go up.
Aug 10, 2015 03:49 AM EDT
Zara's parent Inditex gains 36%, founder Amancio Ortega becomes the second wealthiest man in the world
Zara lead Inditex in joining the 100 billion club and has become Spain's most valuable company. Its founder Amancio Ortega becomes the second wealthiest man in the world.
Aug 10, 2015 01:48 AM EDT
IMend phone repair in West Sussex grows 35% customers every month
IMend founder Keir McConomy told a report that the first U.K. on-call phone repair service is growing 35% customers monthly.
Aug 10, 2015 01:40 AM EDT
Foxconn Technology Group signed a $5B MOU in India to build manufacturing, R&D hub and a smart city
Foxconn is investing $5B in India for its expansion on manufacturing and R&D. The deal also include the development of a smart city.
Aug 10, 2015 01:33 AM EDT