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Dollar Holds a Steady Position as Key Events Impend

US News - Mon, 07/14/2014 - 11:35

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On Monday the major currencies dollar, euro as well as the yen started trade almost where they closed during the last week. Investors are now looking forward to key events which include Janet Yellen the Federal Reserve Chair's congressional testimony for new indications.

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Amazon Seeks Permission to Fly Drones for Delivery of Packages from FAA

Company News - Sat, 07/12/2014 - 11:41

American company Amazon, the largest online retailer of the world has requested permission from the aviation regulators to expand its drone testing territory outside the research laboratory for delivering packages to its customers by the remote controlled UAV's or unmanned aerial vehicle. This is a part of its plan where it wants to offer delivery of goods within or less than 30 minutes.

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Wells Fargo Reports a Profit

Company Results - Sat, 07/12/2014 - 11:37

Thanks to a steady housing market and lesser number of bad loans which helped to lift the quarterly profits for Wells Fargo by 3 percent.

On Friday the biggest mortgage lender of the country said that its net income grew to $5.42 billion for the three months in this quarter that ended in the month of June. That is quite an increase from $5.27 billion last year. The amount is calculated after removing the dividends for preferred stock.

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Game End for 2014 FIFA World Cup and Fed Bond Buying

US News - Sat, 07/12/2014 - 11:31

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The most awaited 2014 FIFA World Cup with its final match on Sunday is about to come to a close. The big question is, will Germany be scoring another 7-1 binge this time against Argentina?

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To Handle its Cadillac brand General Motors Hires Infiniti Chief Johan de Nysschen

US News - Sat, 07/12/2014 - 11:20

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On Friday General Motors Co. said that Johan de Nysschen, 54, the chief of Nissan Motor Company's Infiniti premium brand was being hired to take care of its Cadillac division.

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Crumbs Cupcakes Could Get a New Lease of Life

US News - Sat, 07/12/2014 - 11:16

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Just after a few days of closing all of its stores due to a huge loan default, there is another chance of survival coming the way of Crumbs Bake Shop.

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Launch of 15 Foreign Satellites helped India earn 39.82 million Euros

US News - Thu, 07/10/2014 - 13:29

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In a written reply to a question asked in the Lok Sabha, minister for Earth sciences Jitendra Singh informed that during fiscal years 2011-2014 the Indian Space Research Organization (ISRO) launched 15 foreign satellites and 14 Indian satellites and earned revenue of about 39.82 million Euros.

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Density of fast-food restaurants tested linked to obesity

US News - Thu, 07/10/2014 - 11:07

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Neighborhoods with a high number of quick food or fast food restaurants are no place for the weight cognizant, another study recommends.

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Struggling to sleep? Blame the moon

US News - Thu, 07/10/2014 - 11:05

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On the off chance that you are battling to nod off around night time, do look through your window.

For the moon may be at fault for disturbed nights, a study recommends.

Actually when examination volunteers were kept in aggregate dimness with no windows, they had up to 50 minutes less rest throughout a full moon.

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TB rates among children may be higher than before

US News - Thu, 07/10/2014 - 11:01

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The worldwide rate of tuberculosis (TB) in kids could be higher than before, another study proposes.

Scientists presumed that more than 650,000 kids create TB consistently in the 22 nations with the most noteworthy rates of the sickness. That is about 25 percent more than a 2012 World Health Organization appraisal of 530,000 for every year.

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Brain switch that hampers consciousness discovered

US News - Thu, 07/10/2014 - 10:50

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Surprisingly, scientists have had the capacity to switch off awareness in a woman by electrically invigorating a solitary mind region.

The finding recommends that a solitary range - the claustrum - may be vital to joining together different mind movement into a consistent bundle of musings, sensations and feelings.

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Crumbs’ failure not indicative of the state of entire cupcake industry

US News - Wed, 07/09/2014 - 12:53

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The failure of cupcake chain Crumbs Bake Shop doesn't necessarily indicate that the entire industry is in trouble, according to Georgetown Cupcake co-founder Sophie Kallinis LaMontagne.

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Samsung signs deal with Amazon.in to sell Galaxy K Zoom handset in India

Technology News - Wed, 07/09/2014 - 12:43

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South Korean device manufacturer Samsung has signed an exclusivity deal with online retail giant Amazon, for the sale its latest Galaxy K Zoom handset in India.

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