United States

Judge Rules NYC Responsible Banking Act Unconstitutional as it Conflicts with Existing Federal and State Statutes

A three-year-old law in New York City created to keep tabs on their social efforts to meet the needs of their low-income neighbors was deemed unconstitutional, according to a US federal judge.


Verizon dumps annual contracts; Here's how to save money with your phone bills

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.

Traders and hackers earned $100M on stocks from stealing news

A group of traders and web hackers accumulated over $100M by gaining access to corporate press releases on news websites Market Wired, PR Newswire and Business Wire before the news were published. The hackers have been trading the advance stolen news to Wall Street traders for five years, fed authorities caught on Tuesday.

Ford Motor Company moves production of F-650 and F-750 truck from Mexico to Ohio

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.


Latest News

Billionaire investor Warren Buffett makes his biggest acquisition ever just a few weeks before his 85th birthday. For $37.2 billion, including debt, Buffett's Berkshire Hathaway has bought Precision Castparts Corp., a global manufacturer of aircraft and engine components.
Adobe Systems Inc. announced on Monday that they are making changes with their parental leave policies similar to other tech companies that made a similar move earlier.
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.
In a recent article, CNN lists companies that are generous when it comes to parental leave. Here are the top seven companies and their parental leave benefits as more and more American companies take work-life balance more seriously.
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.
Night Mode, the new feature from Google Maps, gives more comfort to drivers during the night as it enables the users to easily navigate in the dark Night Mode option has been in demand by users of Google Maps for a long time. Google Maps has added the Night Mode option to iOS users.
Federal Reserve's Vice Chairman Stanley Fischer stated that although the US has achieved almost full employment, inflation is temporarily low.
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