Business
White House 2016: Jim Gilmore Launches Presidential Bid
Jim Gilmore has launched his presidential bid for the US presidency. The former Virginia governor joins the 16 other Republicans vying for the White House. Although...
iPhone Counterfeiting Factory Raided in China
Chinese police have raided a factory which allegedly made up to 41,000 fake iPhones. Nine people have been arrested during police raid. The operation reportedly involved...
China Shares Record Biggest One-Day Fall in Eight Years
Chinese shares have recorded their biggest one-day fall for more than eight years following a sell-off towards the end of the trading day. The Shanghai...
Donald Trump Attacks Scott Walker at Iowa Rally
Donald Trump has insulted Wisconsin Governor Scott Walker because one of Walker’s fundraisers called the billionaire real estate mogul “DumbDumb”. At a packed rally at...
Starbucks Announces Record Global Sales in Q2 2015
Starbucks has announced its global sales increased 18% to $4.9 billion in Q2 2015. This is Starbucks’ highest ever quarterly revenue. The company’s boss, Howard Schultz...
Fiat Chrysler Faces $105 Million Fine for Lapses in Recalls
Fiat Chrysler Automobiles NV is facing a record $105 million fine for recall lapses covering millions of vehicles, The Wall Street Journal reports. According to...
Fiat Chrysler Recalls 1.4 Million Vehicles After Jeep Cherokee Hack
Fiat Chrysler has decided to recall 1.4 million cars in the US, after security researchers showed that one of its vehicles could be hacked. On...
New York State to Increase Fast Food Workers’ Minimum Wages to $15
A New York state wage board unanimously recommended the increase of fast food workers' minimum wages to $15 an hour. New York City workers will...
Greece Parliament Passes Second Set of Bailout Reforms
Greece’s parliament has passed a second set of reforms, meaning that negotiations on an €86 billion European Union bailout can begin. The reforms include changes...
NYC Drops Plans to Limit Number of Uber Cars
New York City has dropped its plans to limit the number of Uber cars operating in the city. Instead of the cap, the taxi hailing...
Apple Reports Record Profits as Demand for iPhones Soares
Apple has posted a record jump in profits in Q2 2015 as demand for iPhones soared. However, Apple’s shares fell in after-hours trading after revenue...
Toshiba CEO Hisao Tanaka Resigns over Accounting Scandal
Toshiba CEO and President Hisao Tanaka has resigned after the company said it had overstated its profits for the past six years. Hisao Tanaka will...
IBM Revenue Falls for 13th Consecutive Quarter
IBM’s sales dropped for the 13th consecutive quarter, the world’s largest technology services company has reported. According to the company, revenue fell 13.5% to $20.8...
Greece Repays €2.05 Billion Arrears to IMF
Greece has cleared overdue debt repayments of €2.05 billion to the IMF and is no longer in arrears, the creditor has confirmed. The repayments, and...
How a Significant Other Can Be A Significant Financial Partner
If you are married or are in a long term relationship, you have the potential to get your financial life in order like never...
Greek Banks Reopen After Three Weeks of Closures
Banks in Greece are reopening after three weeks of closures sparked by the deadlock over the country's debt. Greece reached a cash-for-reforms deal aimed at...
Donald Trump Attacks John McCain’s Vietnam War Service
Donald Trump has sparked anger by attacking the military record of Senator John McCain, a former prisoner of war in Vietnam. The Republican presidential hopeful...
Greece Bailout: German Parliament to Vote on €86 Billion Bailout Deal
German parliament is debating a motion on whether to allow negotiations on Greece's €86 billion bailout deal. Opening the debate, Chancellor Angela Merkel warned of...
Samsung Merger Approved by Shareholders
Samsung C&T shareholders have approved a $7.7 billion all-stock takeover offer from Samsung's de facto holding company Cheil Industries on July 17. One of South...
Greece to Receive €7 Billion Bridging Loan from EU-Wide Fund
Greece will receive a €7 billion bridging loan from an EU-wide fund to keep its finances afloat until a bailout is approved, eurozone ministers...
Why All the Secrecy Behind the Trans-Pacific Partnership (TPP)
Copies of one of the biggest free trade deals are sitting in separate rooms of the Capitol. With access to only staffers and members...
Greece Bailout: Eurogroup Begins Talks on Emergency Funding
Hours after Greece’s parliament passed tough reforms required for a third bailout deal, the eurozone ministers have met to discuss on emergency funding to...
Uber Fined $7.3 Million in California
Uber has been fined $7.3 million in California for not giving regulators enough information about its service and operations. A judge at the California Public...
Greece Bailout: IMF Criticizes EU Creditors over Bailout Terms
The International Monetary Fund (IMF) has attacked the EU over the terms of a bailout offered to Greece. The IMF said Greece's public debt was...
China’s Economic Growth Beats Expectations in Q2 2015
China’s economic growth beat expectations in Q2 2015, but it was still the weakest showing since the global financial crisis. The world’s second largest economy...
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