The last time gas price in Michigan was at 47 cents was in 1973. As gas price continues its plunge, gas station in Michigan sold oil as low as that of 43 years ago on Sunday.
Industry
BP Plc to trim jobs in crude-oil production unit: Reports
UK-based Oil giant BP Plc plans to trim 4,000 jobs in its crude-oil production unit as crude oil price slump.
Honda showcases redesigned 2017 Honda Ridgeline at the Detroit Auto Show
Honda showcases its newly redesigned 2017 Ridgeline during the Detroit Auto Show last Monday. The new pickup truck design makes the owner forget that they are riding a unibody platform.
HBO Planned to Launch Streaming Service in Spain to Rival Netflix
HBO planned its Internet channel in Spain at the end of this year, enabling people in Spain to access HBO streaming service. The company will challenge Netflix at new vanguard of European market.
Half of the 229 unicorn start-ups found in California, $175B in funding, $1.3T valuation, bubble highly unlikely
Developers of revolutionary products with $1 billion in valuation are called unicorns, and there are so many of them sprouting. Most of them are in California. There are some who fear of another bubble, but most dismiss this forecast.
Latest News
Canadian stocks market dropped as continuing plunge of oil price brings down the energy companies stocks. Meanwhile, two Calgary-based oil companies are merged under Suncor Energy Inc.
The Detroit Auto Show, 2016 has witnessed production version of a new Lincoln Continental which has been reported to be build as a saloon. Powered by a 400 HP two turbo 3-liter V6 engine, the car has been demoed in the luxury car category and scheduled to be available in later this year. But deduction of two doors has marked questions for naming the car a coupe.
Takeda is a global pharmaceutical founded by Chobei Takeda I in 1781 in Osaka, Japan. The company focus on innovative medicine in gastroenterenterology, cardiovascular and metabolic, as well vaccine.
Amazon web services has launched a new Scheduled Reserved Instances, which would allow customers to reserve capacity on a periodic basis with a daily, weekly, or monthly schedule for one-year term. Moreover, this new model enables clients to save 10 percent.
Nashville's hot chicken has been the city's iconic dish for a long time, and KFC adopted the recipe as its newest menu. The promotion already began Thursday in the U.S and the menu was also launched worldwide.
Atlantic City casino's revenue reaches its worst gain this year. There is more than half cut since 9 years ago in 2006. The closing of many casinos in Atlantic City has caused 10,000 unemployments. A big plan is prepared by Governor Christie. It is said that Atlantic City will be taken over, but still no details are given.
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.
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 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.
