Firms stand to earn nearly USD50 million from the Twitter IPO. During the visit of Twitter to New York last week, executives of JP Morgan Chase & Co had mingled outside their offices with jackets emblazoned with the logo of the microblogging site.
North America
Facebook keeps advertisements on newsfeed
Facebook reviewed number of ads in relation to revenue growth and number of users. Due to the number of advertisements on Facebook, younger teens had not been using the site.
US stocks fall as Federal Reserve retains bond buying program
The Federal Reserve announcement that it would continue with its monthly bond purchases caused US stocks to drop.
US Fed says it will stick with bond buying policy
The US central bank said it was going to continue its purchases of bonds worth USD 85 billion a month to keep interest rates low.
F-35 hits first ground target
The F-35 fighter jet dropped its first bomb to hit a ground target in its first delivery test. The Pentagon said F-35 fighter jet hit its first ground target in a delivery test.
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WebMD's acquisition of tech startup Avado would help the healthcare resource website regain its position back as a market leader.
Majority of the economists deduced that the size of the US Federal Reserve's bond-buying program would not be tapered.
PayPal's startup initiative might have been the company's way of giving back to its customers as the payment services company's growth continued to climb to astronomical heights.
A meeting of local and state financial authorities relate the possible misuse of Urban Cooperative Banks by unscrupulous money launderers.
Apple would be adding public transit directions in its Maps software soon. A job listing for a developer accidentally leaked Apple Inc's plans for its mapping software by mistake.
Asurion's acquisition of Israel-based startup Soluto would reportedly help the former improve its software-centered services.
Intel Corp was reportedly nearing an agreement to exit from its television service business with Verizon Communications Inc.
Tablet and mobile maker hired Ashton Kutcher to provide design and marketing inputs in attempt to steal away Apple consumers.
Owners of Tesla Model S cars could now drive from the Mexican border to Vancouver thanks to the Tesla Supercharger station network.
