Articles by Staff Writer

2821-2850 (out of 3726)

Lloyds and Royal Bank of Scotland takes beating during plunge in stock market; Government seeks privatization

Lloyds and the Royal Bank of Scotland lost almost £3 billion from their value amid the onslaught of the stock market tumult continues to wreak havoc on some of Britain’s banks.

Aug 26, 2015 10:14 PM EDT


Comcast's super-fast cable internet will surpass Google Fiber

Comcast has plans to offer consumers the new technology that will surpass Google Fiber with its 1 gigabit per second only service. Within 2 - 3 years, Comcast customers will be able to experience the new technology the company is going to serve them.

Aug 26, 2015 10:07 AM EDT


Asian growth plans at risk due to China meltdown

The latest devaluation of Chinese currency Yuan has triggered severe volatility in the foreign exchange (forex) markets. This has led many Asian nations into a dilema and forcing them to not take any major decision on growth plans.

Aug 26, 2015 10:05 AM EDT


Home Care Workers Extra Compensation, But From Whose Pocket?

Health workers devote much of their time and almost half of their lives caring for people who they do not know and are not even blood-related. Because of their patience, hardships, concern, and devotion, frail and disable people young and old were able to maintain a quality life. So it is deserving for them to get a raise as ruled by the court on Friday.

Aug 26, 2015 10:02 AM EDT


Hawaii leads most expensive states in US; New York slips to 3rd position

In a latest survey on living standards in the US, Hawaii emerged most expensive state in America, while New York slipped to third position. the variation in energy bills, other amenities and prices of basic things were considered in the study.

Aug 26, 2015 10:01 AM EDT


Analytics platform ChartMogul raises $900k; to release new APIs

Berlin-based analytics platform ChartMogul has completed a fresh seed round of $900k taking the total raised amount to $1.5million. The will use the funds for product development and enhancement.

Aug 26, 2015 9:57 AM EDT


Liquidity vacuum: GE suffers most since 1987 Black Monday

Global manufacturing giant GE's stock plummeted on Monday and Tuesday on Wall Street in the absence of any major news affecting the company's performance. The plunge of over 20% eroded the stock value by $53billion. Chinese factor after the central bank slashed interest rate, again created fresh bout of fears that dampened that market sentiment and reversing the rebound on Tuesday.

Aug 26, 2015 9:56 AM EDT


Yes, What happens in China matters in your retirement plans

China's currency devalution, slowdown in growth, global exposure would make that what happens in the world's second largest economy will matter a lot in one's retirement plans as well. China's impact on global funds is significant and many emerging economies would also forced to devalue their currencies. This will affect one's retirement plans also.

Aug 26, 2015 9:56 AM EDT


FAA recorded almost 700 drones and aircraft near collisions

Drone flying has been a major problem for FAA because these unmanned aerial vehicles have no pemission to scour restricted areas and should not lift off more than 400 feet or within five miles of any airport.

Aug 26, 2015 5:06 AM EDT


Apple stock rebounds after Tim Cook's e-mail on China sales

Apple CEO Tim Cook issued a rare statement Monday allaying concerns over its business in China amid a slowdown in the world's second biggest economy. Investors responded positively, sending Apple's shares up sharply after a 13% decline.

Aug 26, 2015 5:05 AM EDT


Uber to invest $1B in India after investing another billion in China

Uber is allocating $1 billion for India to expand its operations in that country and get 1 million rides every day within the next six to nine months.

Aug 26, 2015 3:46 AM EDT


Ex-US Treasury Secretary urges Federal Reserve to not make the 'Serious Error' of Raising Interest Rates

Ex-U.S. Treasury Secretary Larry Summers warns that the fierce sell-off on the global markets might lead to a very serious situation, and that the Federal Reserve’s plan to raise interest rates is a big mistake.

Aug 26, 2015 3:44 AM EDT


Intel Seeks to Improve Cloud Services from OpenStack with $100M Investment in Mirantis

Intel invests $100 million to Mirantis hoping to improve OpenStack, an open source cloud-based operating system.

Aug 26, 2015 3:42 AM EDT


Cavendish Kinetics to raise 36M for smartphone reception improvement with its new generation RF MEMS

Cavendish Kinetics raised $36 million to further develop smartphone reception technology. San Jose company Cavendish Kinetics successfully raised $36 million to develop their radio frequency micro-electro-mechanical system (RF MEMS), which could significantly improve smartphone reception.

Aug 26, 2015 3:41 AM EDT


Wall Street Experienced a Staggering 1,200 Unprecedented Emergency Freezes

The dramatic selling on Wall Street Monday triggered 1,200 unprecedented emergency halts on the stocks and exchange-traded funds.

Aug 26, 2015 3:39 AM EDT


A Survivor's Guide to the Market Crash: Don't panic

Analysts advise investors not to worry about ongoing market crash as it's only a correction after recording continuous growth of over 200 percent since economic crisis in 2009. The stock markets fell about 10 percent in the latest market downfall.

Aug 26, 2015 1:40 AM EDT


Ashley Madison hacking update: Victims experience hate crimes, extortion, and suicide

Hacks against Ashley Madison have rippled to various crimes directed towards the victims who were the users. The crimes ranged from extortion attempts to something as serious as suicides.

Aug 25, 2015 11:43 PM EDT


Chipotle to go on hiring spree; 4,000 people new jobs up for grabs on September 9

Chipotle invites talented individuals to become part of their company's success on their National Career Day on September 9 where they will hire 4,000 employees onsite.

Aug 25, 2015 11:27 PM EDT


Foreign trade, medium-sized entrepreneurs, and powerhouses are the key to a healthier UK economy

Since the European Union's economy is getting stronger, reports states that there are three key area that the U.K. government must consider; foreign trade, the mid-sized businesses and the powerhouses.

Aug 25, 2015 10:49 PM EDT


BT Group frustrated over unfair competition from US competitors

BT Group Plc is not happy with the way things are going regarding the competition because they could not get access to the giant telecom companies of Verizon and AT&T's network for a regular price rate causing them to charge customers more to offset the large fees they have to pay in return for carrying data over these wires.

Aug 25, 2015 10:43 PM EDT


Is crowdfunding a safe haven when markets suffer selloff?

The current turmoil across the global stock markets leaving more scope for crowdfunding. many start ups and potential investors are looking positively at crowdfunding option as it's difficult to raise money from the market.

Aug 25, 2015 4:49 AM EDT


How to Properly Handle Student Loans

What students can do to prevent student loans from taking control of their finances Student loans are some of the most challenging financial problems people will have to deal with.

Aug 25, 2015 4:45 AM EDT


ZeroCater soars $100M sales starting from only $7,000

ZeroCater, a startup business servicing meals to large companies had earned $100M with $1.5M funding. Arram Sabeti, the owner started out his business with just $7000.

Aug 25, 2015 3:52 AM EDT


Michael Jordan proves he wasn’t after the money, Donates $8.9M to charity

Jury awards Michael Jordan $8.9 million to Michael Jordan after grocery store chain Dominick's used his identity for a steak ad. Jordan plans to donate all money to charity.

Aug 25, 2015 3:51 AM EDT


Currency carnage melting down London property boom

The fall in emerging economies currencies and rising British pound value are creating hurdles in the London's property markets. the strength of British pound is making London real estate costlier for overseas buyers.

Aug 25, 2015 3:50 AM EDT


New BhS owners are looking for £70M to finance revival

New BhS proprietors are now looking for funds to back their recovery plan for the store chain. Retail Acquisitions, the new owner of department store chain BhS seeks for funding of 70 million pounds several months after buying it.

Aug 25, 2015 3:49 AM EDT


Ashley Madison victims now being blackmailed

First the Ashley Madison hacking and now the extortion follows. Recall that there were more than 30 million profiles that were included in the data dump of the so-called cheating website.

Aug 25, 2015 3:48 AM EDT


China plans to boost lending to support slowing economy - report

After devaluing its currency, China takes another step to support its slowing economy. The world's second biggest economy is reportedly planning to free up funds for lending by cutting banks' reserve requirements.

Aug 25, 2015 3:47 AM EDT


Oil price gets below $39 for first time since 2009, China economic slowdown to blame?

Oil Prices sank to $39, the lowest it has been since 2009. Unstable Chinese economy, increase in supply, and a decrease in demand are some of the major reasons for the continuing decrease of oil prices.

Aug 25, 2015 3:46 AM EDT


Apple falls, along with other tech giants and the US stock market

Apple’s shares went down by as much as 7 percent last week, as the U.S. stocks also dropped. Other tech giants are also affected by the market volatility. Netflix and Facebook are among the companies that took a hit from the presently volatile days in Wall Street.

Aug 25, 2015 3:17 AM EDT


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