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It has been nine months since OPEC made a choice to abandon its production target unalterable and pursue market share rather than trying to prop up prices, the group is now faced with a set of complicated issues and decisions going forward.
Whether Brazilians like it or not they are again headed for their worst economic crisis. The government reported Friday that the country's gross domestic product (GDP) had plunged 1.9% in Q2 alone and once again putting the nation into a technical recession.
U.S. International Trade Commission terminates the patent infringement case filed by the InterDigital Inc. against Microsoft Corporation. ITC is breaking off the import ban of Microsoft handsets.
Most consider their Social Security as their biggest asset. But to get the best from your lifetime benefits, you must know what and when to collect.
Floyd "Money" Mayweather stood up to his nickname when he added only the fastest car in the world and definitely his most expensive car so far. The arguably best boxer of his generation posted a photo of his latest toy that cost only $4.8 million.
For most people, purchases are made using debit or credit cards. If one is not careful enough with the use of his debit/credit card, he will surely be in big trouble with debts and interests.
Mobile-games company Rovio is cutting its global workforce by 39% to focus on a few products that make more money. This is the second time the Angry Birds maker has announced job cuts in less than a year.
In celebration of International Day of Peace on September 21, Burger King is asking long-time rival McDonald's to team up and make a McWhopper that would feature the best of both fast-food companies' burgers.
Twitter announced Thursday Music on Vine designed for iOS and Android that would make it easier for users to discover and create their own music through the short-form video sharing app.
Creating a new milestone, the largest social media platform Facebook recorded one billion people accessing its website in a single day for the first time.
AOL recently acquired Ashe Avenue, its second acquisition after being acquired by Verizon. AOL also acquired Velos, a predictive analytics startup group that they also almost immediately shut down.
Coursera, the world's leading online education provider, announced that it raised almost $50 million in funding for their expansion plans to China, the Americas and India.
Accenture announced that the company is improving their parental benefits for those in the US and Canada as part of their commitment to employees to provide them with the best career opportunities during all stages in their lives.
Intel Capital had invested $60M in China-based drone manufacturer Yuneec International Co. to produce drones that would help the industry in the future. The chipset company also invested on Airware and PrecisionHawk.
The Pentagon has decided to dispose of its ancient Humvees with a new fleet of trucks for combat. They tested out prototypes from AM General LLC, Lockheed Martin Corp and Oshkosh Corp in January.
Previously, Sephora organized an Epic Rewards Day where their clients can exchange their rewards points for some really good stuff such as a trip to Lancome Paris. Unfortunately, a lot of their Beauty Insiders became frustrated when Sephora announced that the rewards were out of stock already.
PureFunds ISE Cyber Security, the first and fastest growing Cyber Security ETF in the world worth $1.2B is managed by a 30-year-old Andrew Chanin all by himself.
Indiegogo CEO Slava Rubin is giving away some of the most important tips and tricks on how to successfully raise funds for your particular project. Indiegogo is a platform that has helped people raise funds for their ideas since it debuted in 2008. It has helped campaign raise as much as half a billion dollars.
McDonald's supplier contract ended due to animal cruelty. Even if an animal is raised for commercial consumption it still needs respect as what the birds in the farm that supply chicken meat to McDonald's need.
Blake Mycoskie, CEO and founder of Toms Shoes, surprised his colleagues and employees when he said he was taking a 12-week paternity leave after his son was born. Mycoskie was unlike other new dads who would hesitate in taking time off because he wanted to spend some time with his newborn son. He also wanted to be a good example to his employees.
To make sure that your estate doesn't get a hitch, it is best to hire the right representative, also called an executor. Basically, an executor should protect the property of a diseased person until all the taxes and debts are paid. The executor should also make sure that whatever is left is passed on to the rightful heirs. The executor does not necessarily have to be a financial or legal expert.
History does repeat itself. Ford will definitely bring back the Ranger to the U.S. and rebuild it later this decade. Ford Motors is planning to return to the midsize pickup truck market with a new-generation revival of its Ranger nameplate.
Education is supposed to give you a brighter future, but most graduates are trapped under piles of debts from the student loan system and the increasing college prices. This affects their credit scores and their major life decisions, snatching their dreams away.
PayPal proves to be one of the leading players in the fast-growing payments industry as it sets to expand its One Touch program to 13 new markets in Europe and Australia, making check-out more convenient for online shoppers and merchants.
Even giant Goldman Sachs has been adversely affected by the stock market chaos, as its 2015 distress trading desk lost about $50 million to $60 million.
Punch Taverns decides to sell 158 of its pubs to NewRiver for an agreed sum of £53.5 million. The decision to sell off its non-core businesses is in line with their goal to take care of its accumulated debts.
With an objective of taking additive manufacturing (3-D printing) to further advance level, America Makes has drawn up plans to support research and development (R&D) with financial funding of up to $8 million.
WeChat announced Wednesday its new fitness channel called WeRun, which is a step counter app. WeChat is China's most popular messaging app that has more than 600 million users. The WeRun is not the first time WeChat moved into fitness. Tencent, WeChat's parent company, launched the WeChat Sports in February.
Amazon announced Wednesday that it will offer its Prime Instant Video service in Japan next month, going toe-to-toe with rival Netflix in the video streaming industry.
ChartMogul, an analytics platform, is in the process of strengthening its product development, for which the Berlin-based company has raised new seed funding from Point Nine Capital. The just completed seed funding round is estimated to be $900,000 and the analytics platform provider will invest in speeding up the product development.
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