Car insurance companies are puzzled when Google driverless cars hit the roads in some areas in America. Some of the alternate plans include the extension of the insurance coverage to mobile phones as well as the carmakers for the expenses in case one of the features of the driverless cars crashed.
Industry
Target raises annual profit outlook with more traffic and customers spending
Target stores are getting more foot traffic and shoppers are spending more in each trip, raising the company's annual profit outlook and increasing its second-quarter net income three folds, announced the discount-store chain Wednesday.
Remember the 3 Cs to get the best business loan term possible
A loan can either bring a business to new heights or disrupt the cash flow and bring a company down to oblivion. Prominent finance gurus Dale Clarke and Ryan O'Shea shared some expert advice to Forbes.com's Garrett Gunderson.
Food prices at its lowest in 6 years: Here are the reasons why
The UN FAO reported low food price index - the lowest in six years. If the situation persists, the price drop will be welcomed by consumers globally, which is also beneficial for poor countries. But the plentiful supplies of these products may also have a negative impact for farmers with prices not enough to cover for production costs.
China's July exports slump 8 percent, raises pressure for more stimulus
Chinese exports tumbled 8.3 percent in July, their biggest drop in four months and far worse than expected, reinforcing expectations that Beijing will be forced to roll out more stimulus to support the world's second-largest economy.
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The slowdown in economic growth in major economies is expected to keep the stock markets under four percent annual growth in the near future. The second half of 2015 is expected to be sluggish following the bleak economy outlook for the US, EU and China.
Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.
Victoria's Secret, the leading lingerie brand dominating the 35% of the market is losing $9 billion opportunity for missing out plus-sized underwear in the line.
Deliveroo, the startup food delivery company in London has gained investment from Index Ventures and Greenoaks Capital for its third round in the past 12 months. The food delivery service has just sealed $70M, equivalent to £45M funds, to support its plan to enter international services.
The gold price drop last week showed its lowest since 2010 and the yellow metal is poised for further fall likely to record biggest monthly drop in the past two years.
Western and Middle East insurance specialists see Iran as an appealing $8 billion (£5 billion) market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution.
McDonald's suffers drop in sales after losing business to other food chains. Its rebound plan fails to deliver the desired results, focusing more on popular regional menu items.
Apple may have exceeded internal targets for third quarter of fiscal year 2015, but Wall Street is not impressed. In its earnings report, the company announced that sales of iPhone, which represents more than half of Apple's business, had increased.Apple sold 47.5 million iPhone units.
Farmer Kenny Mabvumbe looked upset as he returned virtually empty-handed from the tobacco auction floors in the Zimbabwean capital of Harare.
