Archives

Aeropostale to slash headcount; reaffirms Q4 outlook

The New York based teen retailer plans to eliminate its corporate headcount as its sales fall. The company also reaffirmed its outlook for the fourth quarter.


High employment rate propels German GDP

Record high employment rate and domestic spending propelled German GDP rate by 1.7 percent in 2015, according to the German authorities' calculation.

Hyperloop Technologies to sponsor pod design contest

Hyperloop Technologies said it is one of the promoters of the Elon Musk's SpaceX Hyperloop design competition and will be offering $150,000 in winning prizes for engineering students. The contest consists of two parts in which the students design and construct a pod prototype for Hyperloop system.

China's search engine Baidu is to be punished for pornography and commercialization

The company is accused of commercialization in the form of selling its forum's management and altering search results to show paying-websites. Last year, Baidu also faced punishment over pornography and violations of publishing regulations.


Latest News

Self-driving cars could eliminate fatal crashes that involve some type of human error. Autonomous technology could help reduce greengas emissions and transform mobility. Though driveless technology has grown increasingly popular, autonomous vehicle are not perfect yet
Nevada governor Brian Sandoval get pressured after a group of 18 venture capital investors reverse new fees on solar homes that state utility regulator made effective on Jan 1. The regulation will give direct impact to development of solar energy and threaten future investment, the investor, and also the job cuts in the state.
It is possible that 2015 was simply fated to be the Year of Hoverboard. The devices were making news this year but then, they started going viral for another reason. They were highly risk for catching fire.
Both the game consoles made more money than any of their predecessors in 2015. PlayStation 4 came out as the winner with more sales than Xbox One in the year's total.
Stress at work sometimes cannot be avoided. However, certain jobs have lower stress levels, including Information Security Analyst, Diagnostic Medical Sonographer, University Professor, and Hair Stylist.
The project could start as soon as this year and is estimated to be completed in 2022. The transportation project would established Central America's first monorail.
After two years of active search, the bureau has finally decided the search team should conclude their mission by the middle of this year. The decision was taken jointly by the Australian, Chinese and Malaysian governments, due to lack of any leads or clues that could take them to the exact location of the mysterious disappearance of MH370.
A huge rise in automation, against a backdrop of an outdated education system, have left the young generation fearing for their jobs in the coming future. A survey shows that 80% of the workforce feel the dire need of upgraded skills and know-how, at par with the rapid technological changes.
In the face of declining home prices, as evident from the last quarter, the chairman of Hang Lung Group, Hong Kong's leading developer, expressed that the city property market is now more robust than it has ever been in the last 25 years.
Intense fog in Delhi, India, caused great disruptions in train schedules. Nearly 60 trains were cancelled while around 10 were delayed due to poor visibility. The air pollution problems in Delhi is quite acute and the government should should work towards a resolution.