United States

Congress to abolish crude export restrictions, oil refiners to receive $3 a barrel tax break

The US Congress is pushing a tax break for oil refiners as a compromise to finally allow unrestricted crude-oil exports. According to The Wall Street Journal, the bill could potentially end the long-time ban on U.S. oil exports, which has been around for forty years.


Jumbo jets may be heading to extinction amid changes in regulations, business dynamics

After ruling the global aviation sector for over 40 years, the wide-body jumbo jets faces a threat of possible extinction. The Boeing 747 wide-body, long-range jumbo jet faces stiff competition from Airbus A-380. Boeing sees a drop in orders for jumbo jets while Airbus has not received an order for the double-decker A-380 after the major order it won from Emirates Airlines.

Yahoo! Mail now allows Gmail accounts access

Two months before, Yahoo declared a new Yahoo Mail app which supports Hotmail, AOL and Outlook accounts. Now, Gmail has joined too. Yahoo Mail is also best email service provider like Gmail or Hotmail. But recently Yahoo has added new features.

Chinese researchers creates mind-controlling vehicles

The advanced tech-world has enabled the manufacturers to construct vehicles with different properties. One of the examples is the creation of 'mind-controlling' cars. According to Reuters, the research team from Nankai University has worked for the whole two years to bring merely an idea of the mind-controlling car into reality.


Latest News

Qualcomm Inc. altered its proxy process requiring shareholders to have their stake in the company for at least three years before nominating people for the board.
Tesla Motors Inc CEO Elon Musk and other prominent tech company executives raised $1 billion through an initiative called Open A.I. to fund an artificial intelligence research company.
A powerful type of opioid painkillers and Heroin are the leading causes of drug overdose in the US, according to new federal statistics. Yahoo News reported that opioid painkillers have long been the leading reasons for overdose deaths in the US, but cases of death with heroin use have recently grown.
YouTuber Astonishing Studios created a vending machine made out of LEGO toys that dispenses McDonald's chicken McNugget.
The Air Force announced Thursday that it plans to more than double its drone squadrons and spread them in and out of the United States. According to the Washington Times, this will add 3,000 more personnel, 700 pilots, and 700 sensor operators. Langley Air Force Base U.S. Air Combat Command head Gen. Herbert Carlisle said adding squadrons in Langley and Davis-Monthan Air Force Base in Arizona could help in the intelligence-gathering tasks.
Airbnb, the US home-sharing startup, has confirmed closing of $1.5 billion fund-raising round. The latest closure of fundraising puts the unicorn startup at staggering valuation.
Buying Yahoo seems to be a pretty good option for Verizon, as apparently wants to be an owner of all the old school internet portals. According to Reuters, Verizon Communications Inc is the No. 1 U.S. wireless carrier company. On December 7, its finance chief, Fran Shammo revealed that they have a deep interest in purchasing Yahoo Inc's core business.
The U.S. health officials announced on Monday that as many as 200 people who attended a catered event at a downtown Seattle's Russell Investments Center have become ill with norovirus.
Twitter, a kind of real time pulse tracking the events as they happen where people from around the gather in moments of triumph, activism, support and fascination to express their views, have revealed the most popular tweets of 2015. The hashtag # JeSuisParis, used to show solidarity with the French capital in the wake of its second terrorist attack, marked the most talked-about moment of the year.
Being President of the United States is the large role to fill as the most powerful man in the world. With that power and title, of course comes, great wealth and fame, whether from a widely well-received tenure or one of great criticism.
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