Articles by Staff Writer

2701-2730 (out of 3726)

Greece elections: Clear mandate holds the key on $96-bn bailout package

Greece is heading for elections next month as Tsipras-led Syriza Party and Evangelos Meimarakis-led New Democracy Party are in the fray. Unless there's a clear majority, no party can take key decisions on the third-round of the bailout package, over which Tsipras opted for elections to seek new mandate from the people.

Sep 01, 2015 11:53 PM EDT


Chinese funds inflow creates jobs in US, but concerns also

Chinese companies have established their factories and business operations in the US. Though Chinese funds inflow created jobs in the US, the dragon country's presence has become a cause of concerns fo America. Yuan depreciation is making rounds in the US election campaign also.

Sep 01, 2015 11:50 PM EDT


What's distracting China: Economy or market sell-off?

The difference in downfall among Chinese and other global markets indicates that the dragon country is suffering more from economy point of view. The real problem for China is not market sell-off, but its domestic economy challenges.

Sep 01, 2015 11:44 PM EDT


Google self-driving car does have wipers- not on the windshield but over its sensors

Google's prototype cars with a steering wheel and without any tool to control it are on display in Austin. Self-driving cars are expected to bring technological revolution in the global automobile industry.

Sep 01, 2015 11:43 PM EDT


Foxconn Technology denies termination of $1B investment in Indonesia

Contrary to the reports, Foxconn denies the allegation that they are pulling out the $1B investment deal in Indonesia.

Sep 01, 2015 11:37 PM EDT


Fiat Chrysler offers $100 debit cards to those affected with US vehicle recall

Fiat Chrysler lures owners of recalled vehicles $100 debit card for repairs and discounts of up to $2000 for those who opt to trade in and purchase new cars.

Sep 01, 2015 11:36 PM EDT


Gear up for China growth slowdown, IMF tells emerging nations

International Monetary Fund's (IMF) Managing Director Christine Lagarde said the world should brace up for China's economy slowdown. IMF further said that gwoth will be moderate and below its previous forecast made two months ago.

Sep 01, 2015 11:34 PM EDT


Chipotle sued for GMO-free food claims

Chipotle claimed that it is the first restaurant to offer GMO-free food but one customer challenged their claim as misleading.

Sep 01, 2015 11:33 PM EDT


Google's OnHub promises better Wi-Fi

At this point, Google's OnHub is out on stores. It is a wireless router which costs $200. There are speculations that Google made it to connect devices under Google Weave; the Internet of Things.

Sep 01, 2015 11:30 PM EDT


More accounting errors delay Toshiba's annual forecast

Several discovered new errors inhibit Toshiba from closing its books and announcing its annual revenue. CEO accepts accountability and will resign voluntarily if dealine is not met.

Sep 01, 2015 11:22 PM EDT


Despite poor stock market performance, good things are on the horizon for Twitter, said analyst

Despite its low performance in the stock market, analysts is optimistic that Twitter is headed somewhere good due to a few important factors.

Sep 01, 2015 11:21 PM EDT


A lifestyle tax for couch potato retirees? Get up and read this standing up

A tax bull on retirees who live in a sedentary lifestyle and this may be just a joke from a finance professional, but baby boomers and other seniors should wake up and avoid that couch-potato lifestyle to not ruin their lives.

Sep 01, 2015 11:19 PM EDT


IBM to fight pollution in China with artificial intelligence

China has been fogged with severe pollution and IBM is willing to help lessen if not totally clear the air from harmful particulates. They will use a syatem that can predict the level of air pollution several days ahead of time.

Sep 01, 2015 10:52 PM EDT


Farmlink launches an Airbnb for farm trucks

MachineryLinked is a sharing service for agricultural equipment. The service is owned by Kansas City-based date science and Technology Company FarmLink. The sharing service is modelled after Airbnb.

Sep 01, 2015 10:49 PM EDT


August is over - Worst Month for Dow but decline may continue until September

August was not a good month for the stock market as it experienced declines. Stock Market drops may continue in September.

Sep 01, 2015 10:43 PM EDT


China-based Internet entrepreneurs back Tesla rival NextEV

Wealthy Internet entrepreneurs and investors invested in a China-based electric car manufacturer NextEV. The investors hired ex-Ford Motor Co executive Martin Leach to create a global automaker.

Sep 01, 2015 10:17 PM EDT


China manufacturing woes continue: PMI index slips below 50 pts

The slowdown in Chinese manufacturing sector continued in August pushing the PMI below 50 level, which indicates the deceleration in the industry. The drop in orders for new work and export demand is the major reason for dip in manufacturing industry's output.

Sep 01, 2015 10:16 PM EDT


Google lets Android Wear smartwatches work with iPhones

Google latest smartwatch will hit the market and it will be compatible with iOS. As for now, LG smartwatch, the Watch Urbane, is the only smart watch that is compatible with iOS.

Sep 01, 2015 10:10 PM EDT


Europe is far behind in its electronic waste recycling target

Europe did not even reach half of its initial goal to effectively recycle 85 percent of its electronic wastes, study says. It is in European law to recycle electronic wastes or objects that come with a battery or plug.

Sep 01, 2015 10:05 PM EDT


Global central bankers ready for US rate hike - Reuters

Central banks around the world want a Fed rate hike, sooner rather than later, according to Reuters. But, considering developments in the domestic and international fronts, Fed officials say it's too early to tell whether they would raise interest rates this month.

Sep 01, 2015 9:56 PM EDT


Around 200 people arrested in China for spreading stock market rumors

Chinese authorities arrested 197 people for spreading rumors that can lead to troubles. The rumors they have spread included a man jumping to death in Beijing because of the drop in stock market.

Sep 01, 2015 9:40 PM EDT


Tesco plans to sell Iron Maiden's The Book of Souls in vinyl

Big supermarket chain Tesco has long been selling records but recently, it plans to add a more modern format into their offered products.

Sep 01, 2015 9:35 PM EDT


Walmart reduces working hours at some stores after raising pay, thus raising cost

Walmart cuts working hours on 4,600 stores. Reports said this is due to Walmart's $1B lost when the retail company increases its workers' wages last April.

Sep 01, 2015 5:18 AM EDT


Athens goes for gas grid privatization

Greece is in favor of selling stake in energy grid to Azerbaijan government company. This is subject to the outcome of general elections and clearence of third round of bailout package. Greece aims to be energy transport hub for eastern European nations.

Sep 01, 2015 5:09 AM EDT


Oil price up 27% in just 3 sessions; OPEC agrees on a fair price deal

Oil price recovered as two sets of news made it positive for the energy sector. Opec says it'll try to get a fair price deal by speaking to other oil producers. The cut down in US Eenrgy production forecast also boosted the market sentiment. Oil price rose 27% in just last three sessions.

Sep 01, 2015 4:47 AM EDT


Nordstrom, TJMaxx earnings report upbeat; Kohl's is down

TJX Companies, Ross Stores, and Burlington experience an upbeat second-quarter income report, so did Nordstrom. But Kohl’s seems to be slumping with its second-quarter report.

Sep 01, 2015 4:42 AM EDT


Alibaba Pictures lost $24M in first semester amid twists and turns

Alibaba Pictures Group, the film-making unit of the Chinese e-commerce giant, announced Friday that it lost 151.8 million Yuan ($24 million) in the first half of 2015.

Sep 01, 2015 4:38 AM EDT


Formula One Teams Burn up $300 Million of Debt, 64.2% from Lotus

10 F1 teams are under a total $300 million worth of debt, with Lotus accounting to 64.2% of the debts. Just last month, Lotus was ordered by the courts to pay almost £600,000 of debts. This was after it failed to pay 27 of its bills.

Sep 01, 2015 4:35 AM EDT


The US stocks turn attractive on lower PE ratios

After the market downfall, many US stocks turn attractive as they're no more over prices equities. The lower PE ratios make it attractive for investors.

Sep 01, 2015 4:28 AM EDT


T-Mobile starts targeting 3,000 LTE tethered data 'thieves'

T-Mobile chief executive John Legere warns abusive users taking more than what’s allocated that the company will be going after them.

Sep 01, 2015 4:27 AM EDT


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