The American Academy of Arts and Sciences released a recent report detailing where most of the people's money were being put into, which revealed that 11 of the states in America are spending more on prison institutions than on higher education.
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273,000 retirees could face benefits cut
Central State Pension Fund executive director, Thomas Nyhan said in a statement that around 273,000 current and future retirees will be affected with its latest benefits cut. The country's largest pension fund is currently facing financial problem due to 2008 financial crisis and the latest economic uncertainty.
Facebook 'Reactions' to have a pilot test in Spain and Ireland
Facebook unveils animated emoticons, Reactions, to go with the 'like' button. The six emojis will have a pilot test in Spain and Ireland. Alongside the 'like' button, Facebook will pilot the Reactions. In particular, it is a set of emoticons including angry, sad, wow, yay, ha-ha and love, Tech Crunch gives details.
Amazon rolls out new service: 'Amazon IoT'
Adding one more tool to the Internet of Things (IoT), Amazon Web Services (AWS) has announced the launch of 'Amazon IoT,' a new service from the online retailer.
Fiat Chrysler and UAW contingent deal aborts strike
When employees are not satisfied with their benefits and how they are being managed, expect that delivery work is unsatisfactory. Worst is they will go on strike if their demands are not granted.
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Microsoft Corporation introduces Microsoft Band 2. It will be on sale for $249 starting October 30. The new Microsoft Band fitness tracker was unveiled on Tuesday. It will run on Windows 10 OS. The wearable band will be available for $249.
Sony Corp is in the process of offloading it stake that's half of Sony/ATV Music Publishing, which is the world's largest music publisher. Sony and Michael Jackson's Estate jointly own Sony/ATV Music Publishing. The joint agreement between Sony and Michael Jackson's Estate that allows one partner can buy out the other.
The future of personalized footwear has gotten a lot more interesting thanks to a recent update from Adidas revealing their plans to use 3D Printing technology to create a series of running shoes that will be the first of its kind.
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, 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
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.
In a respectable attempt to provide access to the Internet throughout hard-to-reach places, Facebook is scheduling a satellite launch this 2016 that aims to make the World Wide Web readily accessible to people living in remote parts of Africa.
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.
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.
