Inditex, owner of the well-known European fashion retail brand Zara earned a place in the 100 billion club while its co-founder Amancio Ortega becomes the second wealthiest man in the world. What's the secret behind Zara?
North America
Night navigation with Google Maps now made easier, safer
Night Mode, the new feature from Google Maps, gives more comfort to drivers during the night as it enables the users to easily navigate in the dark Night Mode option has been in demand by users of Google Maps for a long time. Google Maps has added the Night Mode option to iOS users.
Fed's Fischer says US inflation rate temporarily low while labor market is on a rebound
Federal Reserve's Vice Chairman Stanley Fischer stated that although the US has achieved almost full employment, inflation is temporarily low.
Rise of the Fallen Titan: Nokia plans for a return to mobile
Nokia was once a giant when it came to mobile phones. But that giant has fallen amidst the rush of newer and more advanced smartphones and tablets, eventually selling some of its assets to Microsoft.
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.
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Abercrombie & Fitch confirmed it would end on-call scheduling to its employees on September in response to New York Attorney General Eric Schneiderman's letter regarding the 'illegal' irregular work shift.
McDonald's is reinventing its dining service in one of its restaurants in England and other areas of America. They're providing tablets and kiosk for taking orders, and the meal will be served to customers' table.
The US State and Local government pension funds registered worst performance since 2012 following the bleak performance in global stock markets and bonds.
Informatica, the enterprise software provider based in Redwood City and announced in April that it will be bought for $5.3 billion by Canada Pension Plan Investment Board and Permira Advisers.
Good Eggs, the online organic grocery store, is shutting down its operation in New Orleans, Los Angeles and Brooklyn.
New Yorkers see no problem in paying more for fast food items just so fast food workers can earn more. Last month, the New York State's wage board approved the much controversial $15 per hour minimum wage for fast food workers and such wage increase would mean an increase of 4.3% in fast food prices.
SeaWorld, the pioneer and most sought-after refuge when it comes to entertainment and family entertainment, reported on Thursday an 84% drop in net income for its second quarter performance.
Tesla's stock dropped more than 6% in after-hours trading Wednesday after the electric automaker said it might not be able to deliver as many cars as it had planned for this year. That's despite better-than-expected second quarter results.
Chipmaker giant announced that they will offer double their regular referral bonus to employees who will refer people of color, veterans, and women to their company. The move is said to be alongside Intel's goal to achieve more diversity in the company.
