Sen. Elizabeth Warren, D-Mass.presented a bill that would pay social security beneficiaries a one-time stipend intended to balance the absence of a cost living adjustment in 2016. Investment News reported that Warren's arrangement calls for the elimination of a tax reduction that allows companies to discount CEO rewards, authorizing the cash to pay those on Social Security.
North America
Smart Helmet Gives Eyes Behind Your Back
A motorcycle accident fired up a creativity to design helmet to increase safety. Skully AR-1 is a smart helmet with heads-up display and rear facing camera. The founder and inventor is inspired by his accident. The helmet may soon be ready for shipping.
Berkshire Hathaway Doubles Profit in Third Quarter
Warren Buffet's Berkshire Hathaway more than doubled its profit in the third quarter mainly due to a $4.4 billion gain from the merger between H.J. Heinz Co and Kraft Group Inc.
Amazon Kindle Fire is $20 Cheaper for Black Friday
Approaching Thanksgiving, Amazon offers a great price for its Fire gadget series. It cuts Kindle Fire price to $35 and Fire TV to $25. According to Time Magazine, starting Thanksgiving, Amazon will drop $15 of prices for Fire tablet, its number one best-selling product to $34.99.
Google Updates Play Books for Better Comic Book Reading Experience For Android
Google launched an upgrade of Google Play Books store to make it easier for Android users to read comics easier on phones and tablets. According to Tech Crunch, Google also announced a personalized comic recommendations features that makes it easier for users to find other series similar to their preferences and a set of curated comic series pages in the Play Store.
Latest News
The Department of Housing and Urban Development announced Thursday a proposal that would prohibit smoking in public homes nationwide. According to The New York Times, the proposed federal rule would affect 1.2 million public households and would mark the latest move to minimize unwanted exposure to secondhand smoke.
Microsoft teams up with Brooklyn-based start-up ConsensYs and launched Tuesday a cloud-based blockchain platform that lets financial firms experiment on bitcoin in a cheap and easy manner.
Dr. Ben Carson gave a bold tax proposal during the recent Republican debates, calling to eliminate all itemized tax code deductions, including mortgage and charitable deductions.
One of the US fastest growing fast food chains, Shake Shack announces that the company will increase its menu prices again by 2016. The announcement was made by the company's CEO, Rany Garutti to investors citing that it is preparing for a minimum wage hike by next year.
Chipotle Mexican Grill re-open their 43 restaurant who was closed down due to E.coli outbreak since earlier this month. After health officials in Oregon and Washington State did not find E.coli in the sample taken from the restaurants.
Apple is planning to make sure its iPhone users to continue using the company's latest payment service, Apple Wallet through the use of peer-to-peer payment service.
USDA monthly outlook reported that soybean crops are expected to reach a record high harvest in six years, thus lowering the price in CBOT. Two other U.S. major crops, corn and wheat also estimated to produce higher than expected result.
Walmart's labor activists have sent a petition demanding the company to give 10% employee discount in all food at all times of the year, following to successful effort to raise wages.
Microsoft's convertible laptop, Microsoft Surface Book, has six months delay on its launching in the U.K. While its pre-order in the U.S. has been available since Oct. 26, the device will not be available in the U.K. until March or April 2016.
