The US Congress is pushing a tax break for oil refiners as a compromise to finally allow unrestricted crude-oil exports. According to The Wall Street Journal, the bill could potentially end the long-time ban on U.S. oil exports, which has been around for forty years.
Regions
CBS CEO said Apple paused TV subscription making it hard for broadcasting firms to coordinate
CBS Corp. Chief Executive Officer Les Moonves announced Tuesday that Apple has hit the pause button in its TV subscription plans. According to Talking New Media, this is a sign that coordinating with broadcasting firms to develop a system for their business plans is harder than what was initially expected.
To raise money, Syria government imposes tax on Shawarma, restaurants
After struggling a bitter civil war for four years, Syria's government imposes tax on shawarma, restaurants, and other businesses in everyday life as new revenue source.
Colombian central bank hints at rate hike
The Colombian Central Bank is heading towards a hike in interest rate. The Colombian government is keen on checking inflation rise and control the current account deficit.
Ted Cruz Campaign collects psychological data from Millions of Facebook users
US Presidential Candidate Ted Cruz harvests data called "psychographic profiles" from tens of millions of US citizens in Facebook. According to The Guardian Ted Cruz's campaign collected these data without the permission of the Facebook users.
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After ruling the global aviation sector for over 40 years, the wide-body jumbo jets faces a threat of possible extinction. The Boeing 747 wide-body, long-range jumbo jet faces stiff competition from Airbus A-380. Boeing sees a drop in orders for jumbo jets while Airbus has not received an order for the double-decker A-380 after the major order it won from Emirates Airlines.
Swedish telecom expert, Ericsson, has claimed that artificial intelligence will soon become the mode of interaction and communication overpowering smartphone in the next 5 years.
Two months before, Yahoo declared a new Yahoo Mail app which supports Hotmail, AOL and Outlook accounts. Now, Gmail has joined too. Yahoo Mail is also best email service provider like Gmail or Hotmail. But recently Yahoo has added new features.
The advanced tech-world has enabled the manufacturers to construct vehicles with different properties. One of the examples is the creation of 'mind-controlling' cars. According to Reuters, the research team from Nankai University has worked for the whole two years to bring merely an idea of the mind-controlling car into reality.
Hilcorp Energy Co. gave each of its 1,381 employees $100,000 for hitting its five year goal. According to a report from the Sydney Morning Herald the bonus is part of the Houston-based company's incentive program called "Dream 2015."
Three "international" airplanes were left abandoned at the Malaysian airport. When the owner of the aircraft was called out through advertisement, no one came forward.
Britain fashion icon Sir Paul Smith revamped his company after annual profits plunged 50 percent into the lowest levels since its 40-year existence. This Is Money reported that Smith said his fashion empire needs a "kick up the backside." He said been streamlining the brand's clothing ranges, shut down to stores, and made some managers redundant. The company's pre-tax income went down £9.7million this year ending June, a decrease from last year's £20.7million.
London-based SuperAwesome collaborated with the Poki online games to develop AwesomeAds that offers a safe advertisement program for kids. Venture Beat reported that the project targets the U.S. family gamers and aims to provide a safer advertisement campaign for children.
Qualcomm Inc. altered its proxy process requiring shareholders to have their stake in the company for at least three years before nominating people for the board.
