The last time gas price in Michigan was at 47 cents was in 1973. As gas price continues its plunge, gas station in Michigan sold oil as low as that of 43 years ago on Sunday.
Regions
Chipotle Offers More Free Food As Part of Promo Campaign To Cover Up The Epidemic Events
Chipotle has been reported to embattle with the series of epidemic outbreaks and adopt new food safety measures. The restaurant giant is facing a subpoena investigating a norovirus outbreak at one of its restaurants in California. Both share price and restaurant sales have been reduced following the epidemic outbreaks. To regain the customers back, the chain has adopted certain marketing policies including offering more food free to the customers.
Microsoft Turning End To Lumia Era Through Lumia 650, Focusing On Surface Phone
Microsoft is probably going to bury the business with Lumia handsets and going to introduce the last smart phone by February, the Lumia 650. The Lumia 750 and 850 are still in line, but the tech giant intends to concentrate on surface phone. Burying the “Lumia” name, most likely means Microsoft has something else in mind for the near future.
Netflix Global Growth Faces New Threats
Netflix global expansion faces a new threat. Video streaming providers around the world are starting a global alliance to hinder its further international expansion.
Researchers Build QUIPP, Smartphone App To Identify Premature Birth Risk
Researchers from King's College in London have successfully developed an app to predict risk of premature birth. The app has been tested in two studies and is now available at Apple's App Store.
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Canadian stocks market dropped as continuing plunge of oil price brings down the energy companies stocks. Meanwhile, two Calgary-based oil companies are merged under Suncor Energy Inc.
The Detroit Auto Show, 2016 has witnessed production version of a new Lincoln Continental which has been reported to be build as a saloon. Powered by a 400 HP two turbo 3-liter V6 engine, the car has been demoed in the luxury car category and scheduled to be available in later this year. But deduction of two doors has marked questions for naming the car a coupe.
The overall slow in the Chineses economy does not hurt General Motors' growth in the market. China still remains the largest market for General Motors, according to its president Daniel Ammann.
Takeda is a global pharmaceutical founded by Chobei Takeda I in 1781 in Osaka, Japan. The company focus on innovative medicine in gastroenterenterology, cardiovascular and metabolic, as well vaccine.
Record high employment rate and domestic spending propelled German GDP rate by 1.7 percent in 2015, according to the German authorities' calculation.
21MW Solar Power Station will be built in Saga Prefecture by two leading Japanese company. Solar power becoming an important national project since the country’s shift in policies after Fukushima in 2011 to solar energy
Self-driving cars could eliminate fatal crashes that involve some type of human error. Autonomous technology could help reduce greengas emissions and transform mobility. Though driveless technology has grown increasingly popular, autonomous vehicle are not perfect yet
Chairman of China Securities Regulatory Commission (CSRC) was reported to offer his resignation. Xiao Gang handed his resignation last week following a failure in executing circuit breaker system in China stock markets.
Both Wells Fargo and Citigroup have been badly hit with the historic low oil price. The Walls Street banks have heavy investment in energy portfolio and the industry is passing through a nightmare since 2008. Both the banks have been forced to keep provision against the default power investments. But real estate portfolio has helped Stagecoach to leave behind the umbrella with its greater contributions predicted earlier.
