A Philippine judge clarified Saturday that the ruling of his court doesn't stop operations of ride-sharing companies, but only suspend the application of permits by prospective drivers.
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C-17 Globemaster and C-130J Super Hercules: Heroic Machines in Chennai Floods
Due to the heavy flooding in Chennai, India, there was a great necessity for assistance in getting locals out of the affected areas. The C-17 Globemaster and the C-130J Super Hercules answered their cries of help.
US consumer credit growth below forecast in October
Americans turned cautious in spending before the beginning of holiday season. The latest consumer spending data for October 2015 shows the slowdown in consumer credit growth. The consumer credit growth was less than forecast for the month.
Takata downplayed air bag crisis and lost major investor because of it
How Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management. In a statement published from Bloomberg News, Sawakami's fund manager, Takahiro Kusakari, said they could not help but feel Takata's management is not trustworthy.
Google Life Sciences is now Verily
Alphabet Inc., the parent company of Google Inc., has renamed its experimental laboratory and life sciences division as the company is starting to restructure. The division that was originally named "Google Life Sciences" is getting a new name: Verily.
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General Electric Co. terminated the agreed $3.3 billion acquisition of Sweden's Electrolux AB on its appliance business. According to The Wall Street Journal, GE was under pressure by the U.S. Justice Department, which was blocking the sale due to antitrust issues.
Hong Kong's international financial hub is reeling under pressure as the world's largest and second largest economies are impacting it more in a negative way.
A Madrid base service and infrastructure company, Ferrovial SA offered a total of A$715 million in cash to acquire more than half of stakes in Broadspectrum Ltd. The new offer makes by the company comes after the Australian company rejected its previous offer a year ago that value the company at A$1 billion.
Bugatti partnered with Wisconsin-based Palmer Johnson to develop an open-superyacht called Niniette, which costs $2.1 million to $3.5 million.
A news came into hearing from multiple sources that Apple has decided to introduce its next smartphone series, iPhone 6c on mid of 2016. The price of iPhone 6c is quite low, which is from $400 to $500. It is expected to have camera properties of that of iPhone 5s, with latest a9 chip and much.
Motorola acquires UK's Airwave for $1.2 billion to enhance its service business in mobile communication.
Teva pharmaceuticals which is said to be the world's largest generic drug maker has joined hands with Takeda Pharmaceutical Co, for a definitive agreement to sell generic drugs in Japan.
A team at the University of Washington has published a study showing that it seems possible for robots to learn tasks and goals by watching and imitating human actions.
Armored vehicle maker INKAS unveiled an armored version of Mercedes-Maybach S600 luxury sedan. The armored S600 offers a bulletproof body that meets European CEN 1063 BR7 standards. The armored Maybach S600 will be on sale next year and priced at $500,000.
