Business
Tim Cook admits he is gay
Tim Cook has publicly admitted he is gay. Apple’s CEO says that he is "proud to be gay". Tim Cook, 53, made his announcement to try...
Top Incentives for Starting Your Own Business
Starting your own business is something that many people dream of doing, but not many people actually achieve. Starting a business takes a great...
Fed ends quantitative easing stimulus program
The Fed is ending its quantitative easing (QE) stimulus program begun in 2008. The central bank said it was confident the US economic recovery would...
Facebook’s ad revenue surges in Q3 2014
Facebook has reported revenues of $3.2 billion in Q3 2014, comfortably ahead of analysts' forecasts and 59% higher than the same period last year. The...
Ukraine: Russia supports rebel vote in Donetsk and Luhansk
Russia has announced it will recognize the results of controversial separatist elections in eastern Ukraine, which the rebels plan to hold on November 2. Russia's...
Giorgio Napolitano to testify at high-profile anti-Mafia trial
Italy’s President Giorgio Napolitano will testify at a high-profile anti-Mafia trial in Rome. Prosecutors are investigating possible collusion between ministers, police chiefs and the Mafia...
John Tory wins Toronto mayoral election defeating Rob Ford’s brother
John Tory, a moderate conservative, has been elected as the mayor of the Canadian city of Toronto, defeating the brother of controversial incumbent Rob...
Brazil elections 2014: Dilma Rousseff re-elected president for second term
Brazil’s incumbent President Dilma Rousseff has been re-elected for a second term after securing more than 51% of votes in the closest election race...
Ukraine elections 2014: Voters head to polls for new parliament
Ukraine is holding snap elections for a new parliament. President Petro Poroshenko called the poll as he aims to cement a new direction for the...
Tunisia elections 2014: First full parliament to be elected under new constitution
Tunisians are voting to elect the country’s first full parliament under a new constitution passed earlier this year. The election is one of the final...
Brazil elections 2014: Dilma Rousseff faces Aecio Neves in presidential run-off
Brazilians are voting in the second round of the presidential election in what correspondents say is the tightest vote the country has seen in...
Uruguay elections 2014: Voters cast ballots for new president and parliament
Uruguayans are voting to elect a new president to succeed outgoing leader Jose Mujica who is barred by the constitution from running for a...
Ford reports sharp fall in profits in Q3 2014
Ford profits dropped in Q3 2014, largely due to the cost of developing its new F-150 pickup truck. Net profit for the period was $835...
Chiquita shareholders vote against merger deal with Fyffes
Chiquita shareholders have voted against a merger deal with Irish rival Fyffes. As a result, the US-based banana company will enter talks with Brazil's Cutrale...
Domenico Dolce and Stefano Gabbana cleared in tax evasion case
Founders of the Dolce & Gabbana fashion house, Domenico Dolce and Stefano Gabbana, have been cleared by Italy's top court of tax evasion. Two lower...
Peru: Pillpinto mayoral election decided by coin toss
The mayoral race in a small town high in the Peruvian Andes was decided by a coin toss after two candidates tied at the...
Microsoft reports higher than expected revenue for Q3 2014
Microsoft has reported a decline in its profits as a result of costs related to job cuts and its purchase of Nokia's smartphone business...
Takata airbag recall: NHTSA expands warning to 7.8 million cars
The National Highway Traffic Safety Administration (NHTSA) has expanded a recall of vehicles with potentially dangerous Takata airbags to 7.8 million. The NHTSA warned that...
Social Security benefits to be increased by 1.7% in 2015
Americans who rely on federal benefits will get a 1.7% increase in their monthly payments in 2015, the US government announced on October 22. It's...
Warren Buffett lost $2.5 billion on Coca-Cola and IBM stocks
Warren Buffett has lost $2.5 billion only this week after a sharp decline in IBM and Coca-Cola shares. IBM and Coke represent two of Berkshire...
Satya Nadella salary: Microsoft CEO gets $84 million pay package
Microsoft CEO Satya Nadella has been given a pay package worth $84.3 million, making him one of the top earners in the tech industry. The...
McDonald’s and Coca-Cola report lower profits for Q3 2014
McDonald’s and Coca-Cola have posted sharply lower profits for Q3 2014. McDonald's saw earnings fall 30%, while Coca-Cola's fell 14%, with both citing lower US...
Christophe de Margerie dead: Total CEO dies in Moscow plane crash
Total CEO Christophe de Margerie has died in an air crash in Moscow. Christophe de Margerie’s corporate jet collided with a snow plough and then...
China’s Q3 2014 economic growth marks its weakest performance since March 2009
China's economic growth has reached its slowest pace since the global financial crisis, causing speculation the government may introduce more stimulus measures. China’s GDP rose...
Warren Buffett loses $1 billion on IMB shares decline
Warren Buffett lost $1.06 billion after the plunge in IBM shares on October 20. IBM stock fell $15.05 at the open, and Warren Buffett held...
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