The U.S. crude oil's price continued to crash allowing it to reach its lowest level in more than six years. Benchmark U.S. crude oil has fallen to $1.88 equivalent to 4% making it settle at $43.08 a barrel In New York City, which is at its lowest since March 2009. The front-month continuation contract for U.S. crude had previously struck a 2015 low of $42.03.
Sectors
United Airlines Adds Interactive Map to iOS App
United Airlines announced an update to its mobile app that now includes an interactive airport map. The move is said to help passengers find amenities close by the airport area.
Scott Walker approves $250M Bucks Arena
Gov. Scott Walker of Wisconsin signed a bill on Tuesday allowing $250 million of taxpayer's money to help fund an arena that would replace the almost three-decade-old Bradley Center.
An Apple at Work: Apple's Mobile Mobility Program wants iPad to be the preferred work tool
Apple is reportedly trying to counteract a downturn in the sales of the iPad not by lowering the price of the tablet computer but by offering the tablets as the new preferred work tool.
BBM lets Canadian users send and receive money by integrating with PayPal
Digital payment app has become a trend and BlackBerry Messenger now allows its user to send money online by integrating with PayPal.
Latest News
In a bid to penetrate the fifth largest auto market in the world, Ford Motor Co will be using the new engineering strategy it learned from India, which lets them develop compact model through low-cost production.
This may come as a shock to most, but Verizon will eliminate its two-year service contracts on Thursday, along with its $100 or $200 discount phone offerings.
Ford Motor Company will announce on Wednesday the shifting of its F-650 and F-750 truck production in Ohio from Mexico to cut costs.
The countdown begins for the 2016 Summer Olympics kicking off August 5, 2016. It may be too far off still for most of the 200 million Americans or more to watch this exciting event with different games. Not for marketers, technology firms, and media companies whose goal is to capitalize on the interest and attention that the 2016 Olympic Games will provide.
Former first lady Eleanor Roosevelt is the preferred by a majority of Americans to be featured in the $10 bill, expected to be circulating in the year 2020, according to a recent survey done by The Marist Poll.
Google is restructuring its organization with an announcement of a new corporate name- Alphabet Inc. Google founder and CEO Larry Page will lead as the Alphabet CEO while co-founder Sergey Brin will be its president.
Presidential candidate Hillary Clinton will unveil a college affordability plan which will make college education more accessible to students, and will reduce the interest rates on student's existing loans.
Based on the July jobs data, the United States may be headed for an interest rate hike, a sign the economy is in good health.
Verizon Wireless, the largest wireless company in the U.S. said on Friday that it is doing away the practice of subsidizing new phones in exchange of a two-year service contract.
