North America

Oils Prices Rallied, But Recovery Still To Take Longer

Oil Prices increased Wednesday, but Shell is not expecting a recovery anytime soon. Lower inventories and oil production in US petroleum supply caused a spike on oil prices Wednesday, but giant oil company Shell admitted it will still take longer before any recovery.


Mark Zuckerberg announced an 'empathy' button soon on Facebook

Facebook CEO, Mark Zuckerberg, said on Tuesday at Townhall Q&A session that he's working out on a button that would express empathy over sad posts on Facebook.

Rise in low-income jobs makes the job easier for Fed in rate hike

The market analysts, economists say that current situation is favoring the US Fed to take a decision on interest rate hike. The improvement in the labor market in low-income jobs is giving much-needed support to the US Fed.

No Drones on Papal Visit or Be Charged: FAA

The FAA and other security agencies are appealing to people, local or visitors not to bring drones during the papal visits for security measures. There has been a plot to the holy man's life by a minor brainwashed by the terrorist group ISIL prompting officials and securities restrictions on all actions regarding the safety of Pope Francis.


Latest News

President Barack Obama announced on Tuesday some updates on the Free Application for Federal Student Aid process or FAFSA. This is a part of the president's aim to make college education more affordable for students and families.
Mobile apps give a lot of benefits in more ways than one. You will never miss out on your favorite show or favorite basketball or football game because you can now watch it just by using your phone.
Apple's iPhone 6S and iPhone 6S Plus shows strong records to exceed its 10 million sales last year. In line with that, analysts are watching Apple as its stocks climb up. On Monday, Apple announced the iPhone 6S and iPhone 6S Plus are on track to beat last year's sales. Apple (AAPL, +0.84%) also opened higher on the stock market.
Google is reportedly teaming up with Twitter to provide users with instant access to articles, reviving speculations the search giant may be acquiring the micro-blogging site. Re/Code reports the two tech giants are now working on a publishing tool that will enable users to view articles instantly on their mobile phones. That's a departure from the current set-up where users have to wait several seconds for a story to load.
Sergio Marchionne, Chief Executive of Fiat Chrysler Automobiles (FCA), has decided to drop his participation in the Frankfurt auto show as FCA is leading the labor talks with United Auto Workers (UAW). Marchionne was scheduled to address the media at the auto show on Tuesday.
The Swiss bank Credit Suisse Group AG will have to shell out $80 million in fines and disgorgement to the US regulators in an alternative trading-related settlement case. Credit Suisse didn't reveal its operations in dark pool private share trading exchange to the clients.
Four major banks -- Bank of New York Mellon, Deutsche Bank, Credit Suisse and Goldman Sachs -- have reached an agreement with New York State's Department of Financial Services (DFS) over record keeping for the Symphony messaging system.
Microsoft sent invitations for a press event on October 6 to be held in New York City. It is more likely that the software company will introduce new devices for Windows 10 ecosystem. After its press launch in Germany, Microsoft is ready to unveil its newest set of devices. According to the reports, the event will start at 10 am ET. Lumia smartphones, Surface Pro 4 tablet and Microsoft Band 2 activity tracker will be highlighted on October 6.
General Electric Co. puts together a digital unit to catapult itself to the top of the world of software. The unit will comprise of GE's Silicon Valley software center, its global IT and commercial software teams, and its industrial security operations.
Jeb Bush in his latest speech and in his article in The Wall Street Journal (WSJ) came down heavily on 'Carried interest' of the corporate big shots while maintaining focus on tax structure. As part of the tax reform plan, his aim to using capital gains tax rate is also raising many eyebrows. Market analysts forecast that the move would pinch Wall Street's wallet significantly.
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