DST costs more than saves more

Daylight Savings Time was meant to conserve energy, but it creates more losses in the US economy. WIth temperatures falling and landscapes needing less tending, these are the reminders that daylight savings time would be coming to an end by Sunday.


Apple's iPad Air received by thin crowds

A lukewarm response was the tone for the launch of the newest iPad version, the iPad Air. It had become commonplace that droves of loyalists and enthusiasts would await the launch of the latest Apple product to the market.

TSA was targeted by Ciancia - witnesses

Upon entry into Terminal 3, Paul Ciancia asked people if they were TSA before opening fire on them. According to news reports, the suspect had entered Terminal 3 wearing camouflage outfit and at around 9:20 am local time, had opened fire into the passenger area.

Tech community monitors Chegg IPO

The initial public offering of Chegg was highly anticipated by the technology community following its impressive growth


Latest News

Walmart decided to offer its holiday deals early in anticipation for holiday shopping season. According to a Reuters reports, retailers in the US faced the shortest holiday in the past few years to prepare for customers' demands.
Entry of the Euro in Latvia had not made any positive effect on the country's economy. On January 1, Latvia had adopted the Euro, which would hopefully encourage lower costs for borrowing and investments.
Mark Zandi of Moody’s Analytics predicted that US nonfarm payrolls to be 100,000 and an unemployment rate to increase.
After thirty of its employees got involved in the manipulation of interest rates, Rabobank had paid a combined EUR774 million in fines.
Traders kept bets for Feds rise in rates by the year 2015. According to CME Group's Fed Watch, futures prices suggested that no earlier than April 2015 the Federal Reserve would raise the rates.
Various investors and strategists react to the decision of the Federal Reserve. On Wednesday, The Federal Reserve had extended support for the slowing economy of the US.
A Reuters report said Merck & Co would be bringing back Zilmax to the US and Canadian markets after completing its audit.
Disagreements slowed down talks about the USD 13 billion settlement of JPMorgan Chase & Co and the US Department of Justice, sources told Reuters.
Reuters reported that the use of FIRREA in the Department of Justice's case against Bank of America could change the relationship between Wall Street and the government regulator.
On Reuters Instant View, analysts gave their take on Apple's disappointing quarterly sales. In Apple Inc's recently released quarterly results, it was able to sell 33.