Governor Andrew M. Cuomo announced Tuesday that he would increase minimum wage to $15 for all state workers in New York. According to The New York Times this minimum wage hike makes the New York the first state to put the pay this high for the public employees.
United States
Price Dropped as U.S. Soybean is Expecting Record High Production
USDA monthly outlook reported that soybean crops are expected to reach a record high harvest in six years, thus lowering the price in CBOT. Two other U.S. major crops, corn and wheat also estimated to produce higher than expected result.
Walmart workers demand expanding food discount for employees
Walmart's labor activists have sent a petition demanding the company to give 10% employee discount in all food at all times of the year, following to successful effort to raise wages.
Microsoft's Surface Book will not be launching in UK until spring 2016
Microsoft's convertible laptop, Microsoft Surface Book, has six months delay on its launching in the U.K. While its pre-order in the U.S. has been available since Oct. 26, the device will not be available in the U.K. until March or April 2016.
Goldman Sachs sells 1.3 million Valeant Asset instead of allowing CEO to add collateral
Goldman Sachs sold 1.3 million shares from Valeant on Thursday, which the pharmaceuticals company was holding as collateral for its CEO, Michael Pearson.
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Major League Baseball Commissioner Rob Manfred remains hopeful that a big league team will be at the exhibition game in Cuba next year. And the commissioner even expressed his high hope that the Major League Baseball team headinf to Cuba would be a good thing for baseball.
Google Inc. has launched a new version of Google Maps that allows users to get offline navigation and search. The redesigned Google Maps service allows users to download detailed maps of the specific area to their phones, so they can get directions even when they find themselves without connectivity.
Apple Inc. announced on Tuesday that developers will now be able to invite around 2000 users to help beta test the applications for both iOS and newly launched tvOS via its TestFlight evaluation tool.
Lockheed Martin Corp got the $969 million deal from Pentagon to build 17 C-130 J military transport planes.
Pentagon announced awarding the contract to Lockheed on Tuesday. The work is expected to be finished by April 2020, according to the Department of Defense.
A 16.08 carat rare pink diamond sold for more than $28.55 million (28.73 million Swiss francs) at Christie's Geneva Magnificent Jewel sale. The largest cushion shaped vivid pink diamond in the auction was purchased by a Chinese client based in Hongkong. The private buyer dubbed the diamond as "The Sweet Josephine".
Artificial Intelligence seems to be working great for the tech giants including Google, Facebook & Apple who are working hard these days to get the best outcome.
Many brands are emerging around the globe with prices almost touching the sky. It is a well-known fact that majority of the population goes for sales day to get hold of their favorite products primarily from their favorite brands. The trend of online shopping is immensely popular and if a sale is announced online for 24 hours, with 90% of the prominent brands participating, it will turn the day into a momentous shopping spree gala.
Denver-based Molson Coors Brewing Co is in advanced stage of buying rest of the stake of SABMiller in Miller Coors LLC for $12 billion. This buyout will make the way clearer for $106-billion merger of SABMiller Plc and Anheuser-Busch InBev NV.
The US currency is surging again, but this time with support from the interest-rate market. The US dollar rally registered its strongest gain during the past six months against Euro as two-year dollar interest rate swaps shot over those in the shared-currency area.
