Since October 21, 2015 is the day that Marty McFly and Doc Brown arrived in the future in 1989 hit sequel movie "Back to the Future: Part II," ride-hailing service Lyft offers New Yorkers a ride in a DeLorean, the time-machine car used in the franchise.
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If you are heading for Greece for sightseeing, be sure to have extra cash ready. That's because the cash-strapped country is raising prices of tickets to tourist spots as early as April.
United Technologies Corp, one of the top US aerospace and building systems conglomerate announced a slight drop in its third quarter earnings. According to the report, the United Technologies' income fell to $1.36 billion compared to $1.85 billion in 2014. The company also announced a major restructuring plan that will be carried out before 2016 as a strategy to cut cost and improve company's revenue.
There are mixed opinions coming from the US Central Bank in the past few weeks, but the Federal Reserve policymakers aren't really as divided as they seem as they work under the same framework in determining when to increase interest rates.
Blackstone Group LP, the world's largest private equity firm is expected to be the next firm that will acquire the 11,000 apartment complex in Manhattan's Stuyvesant Town. Although the deal is not official yet, news has been circulating that the complex will be acquired by the firm for a value around $5.3 billion.
CIA director, John Brennan's AOL email has been hacked. It was claimed by a high school student with the Twitter account of @phphax. The student cracker forewarns Donald Trump and Hillary Clinton as his next target.
China uber-like startup, Yidao Yongche announced that the company will be receiving a huge investment from a Beijing-based company, LeTV. According to Yidao Yongche's statement, the three-year-old company is receiving investment worth $700 million by LeTv for 70 percent stake in the ride-hailing app company.
China biggest e-commerce company, Alibaba is currently improving their effort to engage with the U.S. Trade Representative to make sure its site will stay out from the agency's list of websites selling pirated and counterfeit goods. The company's affair chief, Eric Pelletier is among the person responsible in lobbying the agency.
SanFrancisco-based financial services company Square has announced the appointment of Jacqueline Reses, outgoing chief development officer of Yahoo, as its head of its business financing division Square Capital. Square is in the process of going for an initial public offer (IPO). Square wants to send a message to the capital market that how strong is its top managerial board. The hiring of Reses will enable Square Capital to tap potential areas of business growth where traditional business firms ignore.
International Business Machines Corp (IBM) has announced more than projected fall in revenues as the stronger US currency put pressure on demand from China and other emerging economies. As a result, IBM has lowered its profit forecast for the full year. The revenues were down 13.9 percent to $19.28billion for the quarter ending September as against the forecast of $19.62bn. The latest drop in revenues marks the continuous fall for 14 quarters in a row.
The world's second largest economy witnessed its lowest growth rate in the last two decades. China's gross domestic product (GDP) growth rate dipped below seven percent during the third quarter for the first time after the financial crisis. A record of 6.9 percent, below the Chinese government's target of seven percent and slightly better than the forecasted 6.8 percent. This is translating into more pressure on the Chinese government to lower interest rates and some measures to strengthen the growth rate.
Too much drinking is not only bad for the health but also seeps out the U.S. economy. The Centers for Disease Control and Prevention (CDC) released a study on Thursday that binge drinking loses the economy a humongous "$249 billion in 2010, or $2.05 per drink, a significant increase from$223.5 billion, or $1.90 per drink, in 2006."
Numerous miles and points blogs would always mention the benefits of gift cards with some regularity. Moreover, most of travelers want to use gift earning credit cards so that they can earn miles and points for purchases.
Malaysia's Eastspring Investments Bhd. was reported to have been buying property related stocks listed in the Kuala Lumpur Stock Exchange when the stocks plunged to its lowest recently. According to the valuation, the company bought the stock at the price of 32 percent discounted rate.
Chinese mobile maker Huawei Technologies Co Ltd has decided to invest $1billion on information and communication technology (ICT) development over the next five years. Huawei will work closely with Britain in the development of technology applications in the telecommunications segment.
Mazda CX-3, the new compact crossover SUV is the fifth model in Mazda's line-up of new-generation vehicles that feature the full range of SKYACTIV Technology and 'KODO - Soul of Motion' design. With global launches starting from Japan in the spring of 2015, CX-3 offers all the essentials people look for in car, a design of high quality and style, and the responsive driving feel.
The Reserve Bank of India (RBI) Governor Raghuram Rajan's latest measure to slash benchmark repurchase rate is finally giving results as commercial banks started cutting down interest rates.
It was only six months ago that Dropbox hinted at developing a collaborative note-taking tool called Notes. Just now, they've released news that the tool will officially be called Dropbox Paper and that the beta test is seeing some significant progress.
Amazon is filing a lawsuit over 1,114 fake reviewers of Amazon products identified under the website Fiverr, a website for hiring freelance writers.
The largest community-based traffic app, Waze, had updated its features after three years. As Google had bought the app, the company said it will soon roll out on Android devices too.
In an extraordinary meeting held in October 18, Deutsche Bank's supervisory board supplied a reorganization of leadership and structure. Deutsche Bank announced it is restructuring its organization and executive committees.
Nestlé's sales from Asia, Oceania and Africa (AOA) region went down 3% and the company whose brands range from Nescafe and KitKat to Perrier has less sales growth forecast for 2015 to around 4.5%. This is way back below its broader objective of 5 to 6% growth in the succeeding years.
After a Twitter post that has been deemed by many as "profane" and "inappropriate", New York Times staffer Philip Richardson was reprimanded by the public, and most likely by superiors, for a social media post that sent an F-bomb to Republican presidential candidate Jeb Bush.
The China's withdrawing from the US government debt is being overlooked as robust demand in the domestic market is increasing. Several US mutual funds have started buying treasuries at auction. The US investors are also increasing their buying.
The LSE-listed insurance claims processor Quindell Plc is investing heavily to jack up its own share price. It's estimated that the company has pumped in £11million so far to push up the share price on London Stock Exchange (LSE).
Amazon Destinations, the Amazon group's hotel reservation service, surprisingly shut down its reservation service effectively on October 13, 2015. Amazon Destinations was launched in April and the site provided reservation services for hotels, inns and bed-and-breakfast properties in the Northeast, the Pasific Northwest, and Southern California.
The FTC allowed the Coca-Cola Company and PepsiCo Inc. to retain the word 'diet' on their ads and labels while the FDA said it will still review the plea.
Indonesian president is scheduled to visit US's giant tech companies during his first trip in the United States. The trip will start on October 26 and it will be a five-day trip full of bilateral business agenda.
Google announces that the company has acquired a Portuguese based startup, Digisfera for an undisclosed amount. With the acquisition, Google is expected to improve its Street View application as all Digisfera's employees will be working with Google for its Street View team.
Payments giant First Data priced its initial public offering at $16 per share, which is the biggest for 2015 and is lower than the company's previously indicated $18 to $20 per share.