Target, one of America largest retail stores is closing 13 stores across the United States that has been performing badly over the years. The management blames decreasing profit in these stores as the main reason for the closure.
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U.S. companies swarmed Cuba, uncertain if business profits
The week long trade expo celebration in Havana, Cuba brought it some 50 American businesses, but most of these firms still have no idea how to earn money in the communist-ruled country with a population that has minimum purchasing power.
Athena: Women's Bestfriend Against Sexual Attacks
Rapes are the major problem encountered by women as well as men. The sense of security is long gone in people starting with the age below 10, ruining the remaining life of innocents.
Philips announced Sapphire S616 and Sapphire Life V787 smartphones with anti-blue displays
Philips Electronic Inc. announced the release of a pair of Android smartphones, Sapphire Life V787 and Sapphire S616. The smartphones feature SoftBlue that makes anti-blue screen by reducing 86% of the blue lights emitted.
Lenovo and Nutanix Announced Partnership to Enter Data Center Market
Lenovo recently announced its strategic partnership with Nutanix, an enterprise virtualization company. Their partnership will develop a hyperconverged applicances for agile and scalable cloud computing. It will be a great benefit for Lenovo who just purchased IBM Intel server division last year.
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Amec Foster Wheeler Plc, a British oil and gas services company, has reduced its dividend payout by 50 percent as continuous fall in oil prices puts pressure on customers' spending.
MetLife Inc suffered 43 percent drop in profit for the third quarter due to bleak investment results and tax costs associated with the UK subsidiary which impacted the financial performance of the largest life insurer in the US.
Graphene, one of the atomic forms of carbon, has been widely used to increase flexibility, transparency, and conductivity of electronics application and has begun to reach other application areas.
In the fast growing world of technology, different technological companies are contending each other in order to get hold of the global market. In order to do so, sharp and creative minds enrolled are launching different devices, which alongside are easy to use and comfortable, aside from being stylish and sleek.
Sprint Corp - a subsidiary of Japan Softbank- and one of the largest mobile services provider in the US is currently on the way to cutting costs in the midst of deploying marketing strategy to recover lost subscribers.
Oil prices dropped on low volumes as investors preferred to book profit to take advantage of overnight rally. The oil price is hovering above $50 a barrel on disruption in production in Brazil and Libya.
The US stocks closed higher on Tuesday as investors begin to heavily buy shares as commodities producers slowly beginning to balance their output helping its price to rebound.
Bitcoin, the most famous digital and crypto currency, has an enormous surge of value with more than 70% raise in a month. A movement that surprised every body amidst a global economic slowdown, is coming from Chinese capital outflow invested in bitcoin.
Facebook Inc. announces that its artificial intelligent research team has achieved new developments including the software's ability to identify objects in digital pictures, to understand natural language, and even to learn.
