Articles by Staff Writer

1801-1830 (out of 3726)

Indonesia Deregulates Policy to Entice American Investor in the E-Commerce Sector

Indonesian President Jokowi will visit U.S next week and in his series of meetings he will also meet chief executives from high profile technology companies to invest in Indonesian e-Commerce sector.

Oct 27, 2015 9:52 PM EDT


Mark Cuban to Wall Street Journal: “SEC screwed up so bad”.

Mark Cuban who won SEC acquisition of insider trading in Dallas court earlier, strongly criticized SEC for lack of oversight that cause stock market to become unsafe for customer and startup in a Wall Street Journal event.

Oct 27, 2015 9:47 PM EDT


Twitter CEO earns brownie points with stock giveback

A week after laying off hundreds of employees, Twitter CEO Jack Dorsey gives away shares to employees. At almost the same time, he announced he was donating shares in his other company, Square.

Oct 27, 2015 9:05 PM EDT


Brazil analysts expect faster Inflation, interest rate calls for 2016

Brazil analysts see faster inflation and less cuts in the base interest rate for 2016. A central bank survey conducted on 100 analysts on October 23 shows that Brazil's Selic rate is projected to be 13 percent by the end of 2016.

Oct 27, 2015 8:58 PM EDT


Marijuana entrepreneur prefers marijuana-user salespeople

Marijuana do have advantages but have more disadvantages. With too much consumption, a user develops dependence on the addicting leaves. Business people growing and processing marijuana prefers salespeople who are familiar with their merchandise, that means they actually use it.

Oct 27, 2015 8:51 PM EDT


Challenges of Internet of Things to Transform High Tech Marketing

With the emergence of more inter-connected device, new opportunites for high tech marketing appear. However, standardization and security have become challenge in order to expand the IoT adoption.

Oct 27, 2015 9:35 AM EDT


New Balance Sneakers Changed Company's Direction

As competition gets tougher in sneaker and sportwear industry, New Balance,a company that has been in the business for more than 100 years has to change their direction to snowboarding boots and outdoor shoes.

Oct 27, 2015 9:26 AM EDT


Microsoft Focus on Cloud Service Raise Its Third Quarter Revenue

A strategy shift from Microsoft to focus on cloud service has gained a positive result. With the raise of their third quarter revenue, Microsoft will continue to focus on integrating their cloud and mobile business strategy.

Oct 27, 2015 8:56 AM EDT


JPMorgan Chase is Challenging Apple Pay with Chase Pay

A mega bank, JPMorgan Chase is challenging Apple in mobile payment technology with their Chase Pay. They also have signed an agreement with Merchant Customer Exchange to allow their merchant members accepting the payment system.

Oct 27, 2015 8:42 AM EDT


Australia Welcomes New Nexus Devices from Google

Google's two new Nexus 5X and larger Nexus 6P phablet are now available for pre-order in Australia Monday from the Google store, and will be widely available on November. The Nexus 6P has a 5.7-inch display and sells for $899 for 32 GB storage and $999 for 64GB. Meanwhile, the Nexus 5X costs $659 for 12GB and $739 for 32GB storage.

Oct 27, 2015 5:25 AM EDT


Florida Couple Sued Apple $5 million due to Wi-Fi Assist's misleading charges

A couple from Florida filed a $5 million class-suit against Apple on Friday claiming that the tech giant's Wi-Fi Assist featured in the iOS9 is a misleading feature that leads to higher data charges

Oct 27, 2015 5:18 AM EDT


Mastercard launches new program to turn wearables into payment devices

Mastercard introduced a new program, the extension of Apple Pay technology, to turn wearable things like clothes and accessories into payment devices.

Oct 27, 2015 2:16 AM EDT


Globo’s CEO and CFO resign amid falsification charges

Globo Plc, the greek software company stated that its CEO and CFO have resigned after they admit falsifying financial data at the company. The disclosure was following a report from short seller company Quintessential that made allegation the company lied about its financial position.

Oct 27, 2015 2:03 AM EDT


Concerns raised by US regulators on Philips’ Lumileds Sale to Go Scale Capital

Philips announced that the sale of Lumileds to Go Scale Capital in uncertain due to unexpected opposition from US government. The company plans to sell a stake of 80.1% to Go Scale Capital, the China-based equity firm. Philips also announced the third quarter profit that is better than expectations.

Oct 27, 2015 1:36 AM EDT


Duke Energy talks on buying partner Piedmont Natural Gas for $4.9 Billion

Duke Energy will acquire Piedmont Natural Gas for $4.9 billion in cash. Both are partners in the $5 billion worth Atlantic Coast Pipeline venture.

Oct 27, 2015 1:33 AM EDT


Yen against euro may soar further in price swings

Anticipating that Yen would further strengthen against the euro following investors' betting on lower interest rates, the Japane's currency may further rise in price swings. Yen against the euro rose eight percent this year. Bank of Japan is likely to be under pressure to keep interest rate at lower level following the cues from ECB.

Oct 27, 2015 1:28 AM EDT


FCA Bans Weaving Capital founder Peterson From U.K. Finance Industry As Closure to a Big Scandal

Weaving Capital (UK) Ltd. Founder Magnus Peterson was banned by the Financial Conduct Authority from working in the financial industry for defrauding investors out of their money, which totals to about $640 million worth of funds.

Oct 27, 2015 1:02 AM EDT


Alibaba Group Holding Ltd set to release Q2 revenue, experts study how Chinese economic meltdown affected its performance

Alibaba Group Holding Ltd is set to release its second quarter earnings for the fiscal year 2016 on the opening bell of October 27. Investors and analysts will be closely watching the company’s earnings to determine how China’s economic slowdown affected the giant e-commerce performance for that quarter.

Oct 27, 2015 12:01 AM EDT


Retail War: Microsoft built its first flagship store near Apple's Cube in Fifth Avenue

Microsoft's first flagship store is launched in Fifth Avenue, New York City, in just few blocks away from Apple's Cube. The store also has similar style with the Apple's.

Oct 26, 2015 11:45 PM EDT


Sweden to cut spending, borrows more to accommodate overwhelming refugees

With the multitudes of refugees crossing its boarders, Sweden must have an extra $7 billion in 2016 and $8.2 billion every year until 2019 to accommodate the asylum seekers.

Oct 26, 2015 11:12 PM EDT


Asian Shares continue to rally higher

Asian markets continue to rally to two month high as the China bank announced that it will lower the benchmark interest rate by 25 basis. The news drive most markets in the Asian region to climb higher.

Oct 26, 2015 11:01 PM EDT


Saudi Arabia may face cash crunch after 5 years

The Middle East (ME) region also may not sustain cheap oil prices for long. If oil price continues to hover at $50 per barrel, majority of Gulf nations will run out of cash in next five years, according to International Monetary Fund (IMF). There's no exception to Saudi Arabia, the leader of Organization of Petroleum Exporting Countries (Opec), Oman and Bahrain.

Oct 26, 2015 8:47 PM EDT


BlueScope agreed to buy the remaining stakes in North Star from Cargill

BlueScope agreed to buy the remaining stakes in a deal worth $750 million. The acquisition means that Cargill will be out of steel production investment.

Oct 26, 2015 8:41 PM EDT


Oil prices under pressure amid weaker demand outlook

Crude oil prices continued to trade in low range amid sagging demand and its bleak outlook for remaining part of 2015. The oversupply position is also impacting the oil price in a negative way. Speculators are withdrawing from their previous bets on rising prices. The front-month US crude futures were trading at $44.65 per barrel 12 percent lower than the peak level in October.

Oct 26, 2015 8:34 PM EDT


GNC Charged of Selling Products with Ampethamine-like Substances

GNC is being accused of vending supplements which contain illegal substances that could do more harm than good for the health. A lot of proof has been found that GNC officials knew of the illegal substance, BMPEA, that contains amphetamine-like substance but continued to sell it to consumers.

Oct 26, 2015 8:15 AM EDT


BP and Shell Lost Billions of Profits Due To Oil Exploration Failure

BP and Shell were battered losing billions of profits because of oil price plunge and unsuccessful oil exploration. Contributing to the loss is the drop in China's demand for oil and Saudi Arabia's restraint on the oil production.

Oct 26, 2015 8:09 AM EDT


Mercedes Car Sales Create New Record in China

It is unexpected but yes, Mercedes-Benz cars made a new record in China that reached 53%. It got a handsome portion in the car market share especially that Volkswagen is faced with a lot of issues.

Oct 26, 2015 7:49 AM EDT


Chipotle has two years of bad sales growth

Non-GMO Chipotle suffers slow sales growth for two consecutive years and investors were not at all happy. It used to have an outstanding sales growth but for some reason, it has now been declining. The non-artificial food restaurant hired Curt Garner, Starbucks former chief information officer, to help reverse the situation.

Oct 26, 2015 7:43 AM EDT


Toyota recalls different Scion models

Car manufacturers had been recalling their cars due to defects and not complying with the Clean Air Act. Toyota is one of the best-selling car manufacturers that need to pull out its vehicles from the market and recall those that had been sold already. These recalled vehicles will be fixed to function normally and for safety.

Oct 26, 2015 7:31 AM EDT


Ethiopian Airlines To Operate New York Flight Route on 2016

Ethiopia's flag carrier, Ethiopia Airlines will launch the New York flight route nex year 2016. The airline also already purchase 20 new Boeing 777 aircraft types to be use for the new destination.

Oct 26, 2015 7:19 AM EDT


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