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Updated: 2 hours 52 min ago

Japan's economy grows 1.7% in first quarter

Thu, 05/19/2016 - 08:28

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According to the latest figures released, the Japanese economy recorded an annualized 1.7 percent during the first quarter of the year.

 

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US government reform to ensure additional overtime pay for workers

Thu, 05/19/2016 - 08:19

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The US government is working on introducing reforms that will extend overtime protections to millions of additional workers.

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Delta Air Lines delays expansion plans amid concerns over rising oil prices

Tue, 05/17/2016 - 14:53

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Atlanta-based, Delta Air Lines has indicated that it is delaying its expansion plans for the remaining half of the year due to concerns over rising fuel prices and a weaker European economy.

 

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Tiger Globalhedge fund reduces stake in Amazon, JD.com and Apple

Tue, 05/17/2016 - 14:49

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A leading hedge fund Tiger Global Management, which is led by Chase Coleman, has slashed its stake major companies including Amazon. com Inc., JD. com Inc. and Apple Inc.

 

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Pfizer planning to acquire Anacor Pharmaceuticals

Tue, 05/17/2016 - 08:50

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Pharmaceutical giant, Pfizer Inc has entered into adefinitive merger agreementwith Anacor Pharmaceuticals.

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Nintendo looking to enter movie business

Tue, 05/17/2016 - 08:48

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Japanese video game maker Nintendo has indicated that it is looking to enter the movie business for growth.

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Las Vegas hosts hedge fund conference amid industry troubles

Sun, 05/15/2016 - 09:26

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A conference focused on the hedge fund industry was organised in the city of Las Vegas with a gathering of key figures from the industry.

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Pfizer to restrict use of its products in lethal injections

Sun, 05/15/2016 - 09:21

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Second largest pharmaceutical company in the world, Pfizer has strengthened its control on the distribution channels in order to ensure that any of its products are not used in lethal injections.

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Shell flow line leaks 88,200 gallons of oil into Gulf of Mexico

Sat, 05/14/2016 - 08:56

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The United States Coast Guard has said that a Shell flow line has leaked around 88,200 gallons of oil into the Gulf of Mexico.

The leak occurred around 90 miles off the coast of Louisiana and was reported on Thursday. Chief Petty Officer Bobby Nash also said that the leak has been fixed and cleanup crews are already dispatched to the area for clean-up tasks.

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Target CEO criticises boycott over its transgender restroom policy

Sat, 05/14/2016 - 08:53

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Brian Cornell, the Chief Executive Officer of retail giant Target, has criticised a campaign to boycott Target stores over its transgender restroom use policy.

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Arkansasremembers connection withHillary Clinton

Fri, 05/13/2016 - 10:11

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Democratic Presidential candidate, Hillary Clinton, who is fight to become the party's nominee during the November election, has a strong connection with the state of Arkansas.

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Colorado Planned Parenthood shooter is incompetent, judge

Fri, 05/13/2016 - 10:04

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A Colorado judge has ruled has ruled that Colorado Planned Parenthood shooter Robert Lewis Dear is incompetent after he expressed some really 'delusional beliefs' to the detectives.

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Biden to give policy speech at Greater Tampa Chamber of Commerce event

Thu, 05/12/2016 - 08:32

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Joe Biden, the Vice President of the United States is all set to give his policy speech at an industry event in Tampa today.

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A Navy seal trainee dies during pool exercise

Thu, 05/12/2016 - 08:29

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A young navy seal trainee has died during a pool exercise just first week into his training in Coronado, California.

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Gap reports a fall in sales in the fifth straight quarter

Wed, 05/11/2016 - 08:33

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Clothing giant, Gap Inc has reported a fall in sales during the fifth straight quarter at a time when the company was expected to start recovery. The shares of the company also fell as it recorded a lwer than expected profits for the first quarter.

 

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Laplanche steps down as CEO of Lending Club Corp

Wed, 05/11/2016 - 08:25

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Renaud Laplanche has resigned from the post of chief executive of online lender Lending Club Corp following an internal probe relating to misspelling. The company announced on Monday that Laplanche, who is the founder and chief executive of the online firm, resigned from the top job.

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GoPro to delay launch of its first drone

Tue, 05/10/2016 - 08:39

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American action camera manufacturer, GoPro has indicated that it will delay the launch of its first drone called, Karma.

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Drones to deliver vaccines, blood for transfusions in Rwanda

Tue, 05/10/2016 - 08:35

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American made drones are set to be used to deliver vaccines and blood for transfusions to area that are difficult to reach in the African nation of Rwanda.

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Australian man reveals himself as the creator of Bitcoin

Mon, 05/09/2016 - 08:56

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Australian entrepreneur Craig Steven Wright has announced on Monday that he created the popular bitcoin, which is world first somewhat accepted digital currency.

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US economy adds lowest ever jobs in April, data

Mon, 05/09/2016 - 08:49

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According to the latest data available, the US economy has added a lower number of jobs during the month of April, amid concerns that the economic growth might be slowing in the country.

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