US News

American Airlines Pulls Listing and Fares from Orbitz Due to Unsuccessful Efforts to Reach Agreement

US News - Wed, 08/27/2014 - 11:22

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American Airlines Group Inc. is the largest airline of the world and tries to keep its fare posted through maximum sources but on Tuesday it pulled its listings of airfare from the online travel sites that are operated by Orbitz Worldwide Inc. when both companies failed to arrive on an agreement about the terms of a new contract.

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Categories: US News

Is Burger King’s Deal with Tim Hortons Going to Affect Its Popularity?

US News - Wed, 08/27/2014 - 11:20

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On Tuesday, Burger King, the U. S.-based restaurant chain, made an official announcement regarding its merger with Tim Hortons, a restaurant chain of Canada. Little did it expect that this deal will cause trouble for its public image. Burger King is one of the leading names in the fast food world in the U. S.

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Categories: US News

Fans Show Twitch’s $970 Million Acquisition is Worth It

US News - Wed, 08/27/2014 - 11:18

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The growing popularity of video-game subculture has motivated Amazon. com Inc. to agree on buying Twitch Interactive Inc. for $970 million.

Jeffrey Shih, 27 spends seven hours every day in front of his computer at home where while playing he broadcasts himself through online forum of Twitch. Everyday approximately 30,000 people tune in to see him play online.

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Categories: US News

Ann Taylor (ANN) Shares Increase as Activist and Investors Put Pressure for Sale

US News - Tue, 08/26/2014 - 10:13

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ANN Inc. which owns Ann Taylor, LOFT its auxiliary retailer of women clothing and accessory specialty is facing pressure and has been insist by activists as well as its share holders to sell itself. In Monday trading this news helped the shares of ANN move up higher by 6.5%.

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Categories: US News

Though The Market Basket Employees are Disappointed But They are not Giving up Protests

US News - Tue, 08/26/2014 - 10:11

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As the family discussions regarding the sale of Market Baskets continue it has been said that for the time being no action will be taken against the workers who staged a protest and walked off their jobs failing to return during the two deadlines given to them.

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Categories: US News

CME Group Faces Technical Glitch that Halts Trading for Four Hours

US News - Mon, 08/25/2014 - 11:30

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On Monday a technical glitch led to delay on the start trading on the electronic platform of CME Group. It was late by almost four hours and this latest hitch to hit the largest futures market operator of the world.

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Categories: US News

Florida’s Signature Crop Threatened by a Deadly Disease Called Citrus Greening

US News - Mon, 08/25/2014 - 11:28

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Florida's main agricultural crop has received a devastating blow from a non curable disease called the Citrus greening.

Unstoppable insects pass the fatal bacteria from one tree to the other and the worst part is that there is no cure for the terrorizing bacteria that kills an infected tree in approximately five years time.

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Categories: US News

Survey Shows Lesser Number of Economists Believe US Monetary Policy to be on Right Track

US News - Mon, 08/25/2014 - 11:27

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On Monday a new survey that was released showed that though economists agree that the monetary policy of the Federal Reserve is heading towards the right direction, but they also feel that the U. S. also requires ratifying structural policies so as to intensify the economic growth.

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Categories: US News

Burger King in Discussion with Canada's Tim Hortons for a Merger

US News - Mon, 08/25/2014 - 11:25

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Burger King is in talks with Canada's Tim Hortons coffee and doughnut chain for a merger deal that sources say is a stunt for tax inversion which is one of the kinds that has come under criticism lately where American companies shift their base to evade high U. S corporate taxes.

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Categories: US News

Ackman and Valeant call for special meeting of Allergan shareholders

US News - Sun, 08/24/2014 - 09:25

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William Ackman, who is an activist investor and Valeant Pharmaceuticals International have called for a special meeting with the shareholders of Allergan Inc over their takeover bid for the company.

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