United States

Amazon.com to Acquire Colis Privé, Competing with FedEx, DHL and UPS

Amazon.com expand its business to delivery service. The company will fully acquire French delivery company, Colis Privé. This acquisition will put Amazon head-to-head with FedEx, DHL and UPS.


US Economy Holding Strong Despite Global Instability, But For How Long?

The US Labor Department has released a report outlining the growth of the US economy with a low unemployment rate and job growth. This growth puts pressure on the US because of the current instability in the rest of the world's economies.

Apple news app has been underestimating its visitors count

Apple has revealed a glitch in its News app causing the company with lesser number of visitors count compared to the reality. However, Apple is reportedly to be working on the problem and it will be solved soon.

Former Facebook president Sean Parker gave half million dollars for marijuana legalization initiative in California

Former Facebook exec Sean Parker gave $500,000 to a newly formed group that aims to legalize recreational marijuana use in California.


Latest News

Pfizer and other pharmaceutical companies still increase its drugs price in U.S. despite criticism. Mounting objection from politicans and lawmakers is unable to stop market power of companies in the multi-billion dollar phamaceutical industry.
Morgan Stanley, the America based Global financial services firm has described Cincinnati based Kroger as a potential business competitor to Amazon, Walmart followed by a study. The new ecommerce platform has got momentum and enormous popularity due its unique offerings. However, another study has depicted Kroger as a threat to Publix, still remaining away from Amazon or Walmart.
The most wanted drug lord, El Chapo Guzman will be extradited to U.S. following his arrest by Mexican authorities. Prior to his arrest, actor Sean Penn interviewed the drug lord in his hideout.
Brooks’ Place, a barbeque joint in Houston, Texas, welcomes the gun carrying customers through a sign placed at its entrance. The smokehouse also offers a 10% discount for the handgun. Some business places have still continue to bar carrying guns in public, while some others remain hesitant in choosing a stunt.
Overproduction of last year's crops in the U.S. still affect the price in futures trading. Meanwhile farmers is predicted to still harvest a big yield of soybean and corn in 2016.
Apple has agreed to build a tool that will help users to transfer data from iOS to Android due to lots of pressure from mobile carriers. Although the company has not specified the date of release, the news means that Apple is ready to open up its ecosystem and will be in fair competition with other manufacturers.
Volkswagen has come up with a new solution to solve the car emission problem and is planning to install a catalytic converter to the car involved. The catalytic converter will also include installation of a urea tank to help break down the Nitrogen Oxide.
Office of Management and Budget director, Shaun Donovan, tweeted Thursday that President Barack Obama’s fiscal 2017 budget request will be rolled out on February 9.
IRS has fined some 8 million people and 1.4 million households are forecast to fall prey of fines due to ignorance on new healthcare law. Commonly criticized as the Obama Care Law, the new law instructs all Americans to go through insurance net. But mainly due to ignorance about mandatory submission of tax returns and moreover legally remain exempted from tax net, have fall victim to count fine for $210 each.
Taxpayers who would file their tax return beginning January 19 will have to wait until March 1 to get their tax refund due to the tighter security the IRS will implement to prevent tax frauds.
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