Volkswagen recall starts in January 2016

Volkswagen recently faced a devastating dilemma with its scandal emission and the resignation of its CEO Martin Winterkorn. Now, VW has announced a recall of its affected vehicles as it aims to complete the repair by end of 2016.


Hillary Clinton criticizes Trans-Pacific trade pact

Hillary Clinton, the US Democratic Presidential candidate, has raised her voice against the 12 nation Trans-Pacific Partnership (TPP). Clinton said the agreement is not enough to keep tabs on currency manipulation or protecting consumers from high drug prices

Major US banks account for 20% of debts in Glencore

The major banks from the US have exposure to the debt of ailing commodity giant Glencore Plc. Bank of America, Citigroup, JPMorgan Chase and Morgan Stanley have reportedly lent $350million apiece to Glencore. North American banks contributed 20percent of the total loan exposure of Glencore. The ongoing slump in commodities market adversely impacted the Swiss-based Glencore's performance. This indicates potential alarming situation for the American banks if embattled Glencore slips into a liquidity crisis. Glencore is engaged in commodity trading and mining activities.

2015 Nobel Prize in Medicine awarded to 3 scientists for drug discoveries from nature

Discovering antidotes and treatments from common to deadly diseases is a major breakthrough. Thanks to these three scientists who found a cure to get rid of parasitic diseases that has been a plague to mankind for centuries.


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Whatever your reason on why you have to leave your current job doesn't matter. It's about your response. When doing a work exit, most employees are usually overwhelmed in the situation they are in. May your reason be a dreadful working environment, tyrannical hierarchy, or a new, greener field you are excited to be yourself in, you have to remember that leaving is not just all about you-- it is for every person in the room as well.
SunEdison Inc., a solar company announced Monday about its plans to optimize its business operations and increase cash flow. This move will include layoffs, according to an internal company memo.
Volvo's Drive Me Project has finally revealed the technology that's behind the autonomous driving interface which they've appropriately named the IntelliSafe Auto Pilot. The control interface is easy enough to use, and surprisingly straightforward. When the driver is ready to put the Volvo on autopilot, the destination is set in the car's navigation system and it illuminates both shift paddles when it's ready to take over the driving. When the driver pulls both paddles simultaneously, all he needs to do is sit back and enjoy the ride.
The San Francisco Police Department and the Federal Aviation Administration will be working hand in hand to ban drones while imposing a $10,000 fine for offenders during the 2015 Fleet Week which is set to happen this weekend.
Taking cues from the overnight gains on Wall Street, Asian markets moved upwards marginally on Thursday. The reopening of trading in Chinese markets after a long-week holiday streak also infused fresh interest into the market.
As part of its restructuring plan to reduce costs, Monsanto Co has decided to cut 2,600 jobs. The slashing of jobs accounts for 11.6 percent of total employees at Monsanto. With an objective of boosting confidence for investors, Monsanto has taken up share buyback exercise.
Tracking to the steep drop of over 25 percent in competitor Nu Skin shares, Nutrition company Herbalife Ltd's stock also plunged over seven percent.
The ongoing talks between Airbus and Bombardier have ended incomplete as the former called off discussions soon after they became public.
US President Barrack Obama makes his first public remarks in front of business leaders at the U.S. Agriculture Department saying that he is confident that Congress will approve the Trans-Pacific Partnership (TPP) trade deal.
The world's largest smartphone manufacturer, Samsung is struggling to increase its market share after the company continuously reported a decline in profit. The first decline is reported back in its third quarter revenue in 2014. Investors are anxious to see what Samsung has in plan to ensure more revenue for their next quarterly report.
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