There is a possibility of an interest rate hike next month, according to two senior officials of the Federal Reserve. Speaking before the House Financial Services Committee during a hearing on financial regulation, Fed Chairperson Janet Yellen said the economy had been growing at a pretty good clip, an indication it might be time to raise short-term interest rates.

Amidst a major accounting scandal, Japanese electronics major Toshiba is in the process of offloading its $7.4 billion (GBP4.87billion) commitment on US liquefied natural gas (LNG) imports.

Starbuck's new holiday cups are back for the Christmas celebration. However, instead of having Christmas symbol doodles, it has a simple red ombré design. This offends a lot of costumers, who accused the giant coffee shop that they "hate Jesus."

Sony is set to unleash a yet another flagship smartphone by next year. The Xperia Z6 is rumored to be released during the Mobile World Congress in February.

Researchers at the University of Tokyo's Institute of Industrial Science Japan have created a new type of glass that is ultra-hard and equals in strength with cast iron. This glass will be available to use in buildings, cars, and even gadgets like smartphones and tablets.

Amazon will close its mobile point-of-sale system Amazon Register, and users only have until Feb 1, 2016 to switch to another service provider. Bidnes Etc reported that Amazon.com, Inc, which was just launched last year, is considered unsuccessful. The company no longer welcomes new registration for the mPOS. It will close down after February 1, but it will still provide transaction histories until February 28, 2016.

Smartwatch offers a new level of comfort with more than just a timekeeping. However, smartwatch have not been able to penetrate market well enough. A new innovation from Trivoly is expected to bridge the gap between mechanical watch and smartwatch. Chronos, a tiny disc that is able to turn regular wrist watch into smart watch is planned for shipping worldwide in February 2016.

Japan Electronics company Toshiba Inc has sued five former executives including three former Chief Executive Officers for huge losses on the biggest accounting scandal in Japanese corporates.

Verizon Communications Inc. is considering to sell parts of its enterprise which could be worth as much as $10 billion. The company plans to focus on its core business.

Corn mazes and pumpkin patches provide additional revenue and interest on farms across West Virginia when harvest time has long past. But other agritourism opportunities exist, as a group of West Virginia producers found out during a four-month class that culminated in a two-day bus tour to Virginia and North Carolina this spring.