Obama's library a tough choice between 2 historic parks

A forum is in the works to talk economic development on the South Side near Jackson Park, the future location of the Obama Presidential Center . Mayor Rahm Emanuel met with four South Side aldermen last week to announce plans to convene a group of... More..

by | Published more than a month ago
by | Friday, August 05, 2016

Indian parliament passes historic tax reform bill

The Rajya Sabha last night cleared the long pending GST Constitutional Amendment Bill and it has to now go back to the Lok Sabha for ratification. As government looks to implement the Goods and Services Tax (...More..

Apple iPhone 7 Plus Blue Colour variant revealed
by | Friday, August 05, 2016

Apple iPhone 7 Plus Blue Colour variant revealed

Apple enthusiast and expert John Gruber recently predicted in a tweet that the iPhone 7 will be launched on September 7 based on a rudimentary analysis of the past dates of iPhone events in the last fo...More..

by | Friday, August 05, 2016

Who will be the next CM of Gujarat?

Ahead of the Assembly elections, Gujarat chief minister Anandiben Patel on Monday offered to resign requesting the BJP leadership to relieve her from the post as she is soon going to be 75. Following the boar...More..

Facebook cracks down on clickbait
by | Friday, August 05, 2016

Facebook cracks down on clickbait

These headlines force people to click because they leave out important details so users have no choice but to click through. Facebook is updating News Feed by using a system that identifies phrases that are c...More..

by | Friday, August 05, 2016

Justice Department officials reportedly objected to timing of Iran cash payment

Earlier Wednesday, White House spokesman Josh Earnest said it was "not accurate" to describe the payment as ransom. The Wall Street Journal reported that U.S. Obama agreed to pay the $400 million (£300m...More..

Fed fines Goldman for profiting off confidential information
by | Thursday, August 04, 2016

Fed fines Goldman for profiting off confidential information

The Fed is also attempting to fine and place a permanent banking ban against former management director Joseph Jiampietro, who allegedly disclosed Fed secrets when he worked for Goldman Sachs in 2014. Those doc...More..

US crude oil remains below $40 as oversupply still weighs
by | Thursday, August 04, 2016

US crude oil remains below $40 as oversupply still weighs

To meet an uptick in seasonal demand for oil, Saudi Arabia - OPEC's de facto leader and top exporter - kept production levels close to record highs in order to limit Iran while it attempts to regain lost ma...More..

by | Thursday, August 04, 2016

Packers' Aaron Rodgers looking forward to watching Favre

That'll get Packers fans going ... "There's a lot to be said about that and his career and the way he played, and it'll be fun to hear the remarks", Rodgers said before practice Monday night. "We're just havi...More..

How the Dow Jones industrial average fared on Tuesday
by | Wednesday, August 03, 2016

How the Dow Jones industrial average fared on Tuesday

At around 1:30 p.m. ET the Nasdaq composite, S&P 500 and Dow Jones industrial average were down 1.3%, 0.9% and 0.8%, respectively. The Standard & Poor's 500 index 500 shed 2.76 points, or 0.1 percent, to ...More..

by | Wednesday, August 03, 2016

Turkey's Erdogan blasts foreign countries over coup reaction

Erdoğan criticised the West's approach after the failed coup in Turkey. Police said the measure was for "security reasons", and a local court agreed. European officials and human rights groups have expressed ...More..

Balloon pilot was never grounded due to gap in oversight
by | Wednesday, August 03, 2016

Balloon pilot was never grounded due to gap in oversight

Evidence collected so far found no problems with the balloon or the weight carried, nor were there any major weather issues that would have interfered with the flight. "We have one [post] that someone shared wi...More..

Didi's China dominance over Uber offers roadmap for ride-hailing rivals
by | Wednesday, August 03, 2016

Didi's China dominance over Uber offers roadmap for ride-hailing rivals

Some likened the deal to Yahoo co-founder Jerry Yang's move in 2005 to buy a 40 per cent stake in then-fledgling Chinese e-commerce company Alibaba for $1 billion - an investment that was worth $20 billion a de...More..

by | Wednesday, August 03, 2016

Isis coastal base is pounded by the US after plea from Tripoli

Italy's foreign minister said Tuesday that his government will evaluate any US request to allow use of a Sicilian air base in the campaign of airstrikes against an Islamic State stronghold in Libya. Cook added ...More..

Mixed manufacturing survey keep a lid on global markets
by | Tuesday, August 02, 2016

Mixed manufacturing survey keep a lid on global markets

The output and new orders sub-indexes both rose to their highest since March. Non-manufacturing PMI was at 53.9 compared with 53.7 in June. Global financial markets were largely controlled by purchasing manag...More..

Fox News Chairman Roger Ailes Gets a $40 Million Payout
by | Tuesday, August 02, 2016

Fox News Chairman Roger Ailes Gets a $40 Million Payout

In a stunning fall from grace - Roger Ailes , arguably one of the most powerful man in the news business, is out as the head of the Fox News empire he created from the ground up after allegations of sexual h...More..

Yankees trade Beltran to Rangers for Tate, more
by | Tuesday, August 02, 2016

Yankees trade Beltran to Rangers for Tate, more

Beltran has played right field for the Yankees the last two seasons, but if Dave Dombrowski were to pay New York's reportedly steep asking price for the veteran, he would likely take over the starting job in ...More..

Oil Prices Slump Under $40 A Barrel
by | Tuesday, August 02, 2016

Oil Prices Slump Under $40 A Barrel

Baker Hughes released a report that highlighted addition of three oil rigs to a total of 374 by drillers in the United States for a fifth consecutive week. Oil majors ExxonMobil Corp, BP Plc, Royal Dutch Shell ...More..

by | Sunday, July 31, 2016

Harry Potter and the Cursed Child beats records

Rowling's now grown-up boy wizard at the opening gala of Harry Potter and the Cursed Child today. HARRY POTTER AND THE CURSED CHILD officially bows at London's Palace Theatre tomorrow, July 30, and accor...More..

RBS Performs Poorly In Major Bank Tests
by | Sunday, July 31, 2016

RBS Performs Poorly In Major Bank Tests

Last month, the International Monetary Fund defined the German behemoth as one of the world's riskiest in its Financial Sector Stability Assessment Report , and its North American business failed the U.S. As r...More..

by | Saturday, July 30, 2016

Aberdeen Asset Management says will vote against SABMiller, AbInbev deal

The revelation came a day after AB InBev nudged its cash bid for the British brewer up to 79 billion pounds ($103.6 billion) to account for the pound's plunge in the wake of the United Kingdom's vote last mon...More..

NextEra Energy to acquire Energy Future Holdings' interest in Oncor
by | Saturday, July 30, 2016

NextEra Energy to acquire Energy Future Holdings' interest in Oncor

In the case of Oncor, the branch is not in bankruptcy and is considered to be a profitable acquisition as it registered $3.9 billion in revenue for 2015. of Texas, which proposed putting the utility into a real...More..

Husky Energy changes day it discovered oil pipeline spill in Saskatchewan
by | Saturday, July 30, 2016

Husky Energy changes day it discovered oil pipeline spill in Saskatchewan

Saskatchewan Premier Brad Wall says although Husky Energy appears to be doing what it can to clean up an oil spill that has affected drinking water in some communities, he is "not satisfied" with the situation....More..

Offensive Scribbling on Chinese Passports Condemned by Consulate in Vietnam
by | Saturday, July 30, 2016

Offensive Scribbling on Chinese Passports Condemned by Consulate in Vietnam

He said , "However, this will not help to properly settle disputes between Beijing and Hanoi, and even hurts relations between the peoples of both countries". Playing down the significance of the exercises, ...More..

Gig economy arrives in China (officially); ride-sharing a go
by | Friday, July 29, 2016

Gig economy arrives in China (officially); ride-sharing a go

The new rules state that online services for auto booking will be legal starting in November. China unveiled its first nationwide regulation on on-demand mobility (ODM) services Thursday, granting legal statu...More..

Do not believe in Trumps believe me rhetoric: Kaine
by | Friday, July 29, 2016

Do not believe in Trumps believe me rhetoric: Kaine

Kaine told the Democratic convention in Philadelphia that he formally accepted the party's nomination on behalf of his wife, Anne, "and every strong woman in this country", their three children and everyone ...More..

Blockbuster growth at Amazon driven by global shoppers and cloud computing
by | Friday, July 29, 2016

Blockbuster growth at Amazon driven by global shoppers and cloud computing

But Q2 marked Amazon's fifth straight quarter of profitability. While Amazon developed a reputation for delivering little or no profit in its retail operations, its earnings have been growing over the pas...More..

Chelsea Clinton Wiki: DNC Speech, Husband and Facts About Hillary Clinton's Daughter
by | Friday, July 29, 2016

Chelsea Clinton Wiki: DNC Speech, Husband and Facts About Hillary Clinton's Daughter

But both women are dutiful daughters who will keep doing whatever they can to help their parents achieve their professional dreams. Be sure to tune into Night 4 of the 2016 DNC to witness Hillary Clinton beco...More..

by | Friday, July 29, 2016

Labour MP who quit post over Corbyn leadership returns to role

However, the councillors think the Labour leader has the strong backing of members and registered supporters within their ward. Shadow chancellor John McDonnell has lashed out at opponents of Jeremy Corbyn,...More..

Eli Lilly CEO Lechleiter to Retire After Eight-Year Stint
by | Thursday, July 28, 2016

Eli Lilly CEO Lechleiter to Retire After Eight-Year Stint

Since 2012, Ricks has served as president of Lilly Bio-Medicines, the largest of the company's five businesses in terms of sales. Lechleiter will continue on Lilly's board until May 31, 2017, serving as non-exe...More..

by | Thursday, July 28, 2016

SABMiller suspends integration work for beer merger

The pound has collapsed in value versus the dollar since the June 23 vote, falling more than 10% to 1.31 U.S. dollars. AB InBev , which wants to create the first "truly global" beer giant, made the move in a...More..

by | Wednesday, July 27, 2016

Verizon could boost Yahoo ad targeting, but challenges ahead

Moreover, the sale does not include Yahoo's cash, its shares in Alibaba Group Holdings, Yahoo Japan and so on. Yahoo's CEO Marissa Mayer, says that she plans to remain with stay till the deal is complet...More..

by | Wednesday, July 27, 2016

Turkey: Erdogan to meet Putin Aug. 9 in Russia

Decisions related to natural gas transit infrastructure tied to Russian supplies are in the hands of the Turkish government, a Gazprom chairman said. Arslan Hakan Okcal said in an hour-long press conference hel...More..

In light of volatility, no rate hike expected from Fed yet
by | Wednesday, July 27, 2016

In light of volatility, no rate hike expected from Fed yet

After Wednesday, the Fed has three more policy meetings scheduled this year - in September, November and December. Signs of strength in the US economy have prompted traders to increase odds of a rate increase...More..

by | Wednesday, July 27, 2016

BlackBerry Neon or DTEK50 Leaks in Image

BlackBerry may eventually stop making hardware altogether, instead focusing on its expertise in security and device management as a software and services company. It is the device that had been referred to a...More..

by | Wednesday, July 27, 2016

Honduras detects 8 cases of babies with Zika-related defect

Any kind of unprotected sex - vaginal, anal, oral, and even with sex toys - could spread Zika virus, USA health officials say. Now, in part because about 80 percent of Zika-infected people don't end up showin...More..

by | Wednesday, July 27, 2016

IPhone Sales Decline For Second Straight Quarter

In April, Apple reported its first-ever drop in phone sales , and many feared the worst for the third quarter, typically Apple's weakest period because it comes right before a new iPhone launch. The company ...More..

FCA admits 75-month sales gain streak inflated, actually ended in 2013
by | Wednesday, July 27, 2016

FCA admits 75-month sales gain streak inflated, actually ended in 2013

The automaker said that it was cooperating with the federal agency and confirmed that the DoJ had also raised questions about its monthly sales reports. By FCA's count, the company has had 75 months of straight...More..

US home prices rise at steady pace as sales heat up
by | Wednesday, July 27, 2016

US home prices rise at steady pace as sales heat up

Portland, Seattle and Denver were among the cities with the highest annual gains among the top 20 cities over each of the last four months. David M. "The two hottest areas during the housing boom were Florida...More..

Twitter posts worst-ever revenue growth, disappointing outlook
by | Wednesday, July 27, 2016

Twitter posts worst-ever revenue growth, disappointing outlook

For the third quarter, Twitter Inc (NYSE:TWTR) expects revenue to be between $590 million and $610 million and adjusted EBITDA to be between $135 million and $150 million. Fewer than one in five Twitter users...More..

by | Tuesday, July 26, 2016

Seeking wider digital audience, Verizon buys Yahoo for $4.8B

Marissa Mayer broke the glass ceiling in the most enormous way when she was appointed CEO of Yahoo in 2012. "It's important to me to see Yahoo into its next chapter", she wrote . Mayer transformed the comp...More..

by | Tuesday, July 26, 2016

Marissa Mayer Says She's Not Going Anywhere Following Yahoo Sale To Verizon

That might be valuable to the advertiser, and Verizon could charge more. Yahoo will continue as an independent company until the deal receives shareholder and regulatory approvals, the companies said. Yah...More..

Vancouver Unveils New Tax for Foreign Home Buyers
by | Tuesday, July 26, 2016

Vancouver Unveils New Tax for Foreign Home Buyers

The additional property transfer tax rate of 15 percent will apply to both buyers who are foreign nationals and foreign-controlled corporations that register their residential purchases in Vancouver. A home val...More..

by | Monday, July 25, 2016

Booms not containing oil spill in North Saskatchewan River

A release from the city says any oil that gets past the booms would likely reach North Battleford by Friday morning, but that it does not pose a health risk to consumers. Wes Kotyk with the Saskatchewan governm...More..

by | Monday, July 25, 2016

Verizon to Buy Yahoo in $5B Deal, Source Says

Verizon and Yahoo did not respond to requests for comment. According to the Wall Street Journal, that purchase price will include both Yahoo!'s core internet business as well as its real estate in the phy...More..

by | Sunday, July 24, 2016

Dish Networks fails to increase revenue in Q2

A SVP, Chief Accounting Officer at Dish Network Corp . Despite the subscriber losses, Dish reported better-than-expected earnings growth partly because of a price increase earlier this year. from $50.00 to $...More..

by | Sunday, July 24, 2016

Fox News chief resigns over sexual harassment scandal

Network parent 21st Century Fox announced Thursday that Ailes would resign immediately. Ailes, who has denied the claims against him, resigned from his post at the top of Fox News yesterday weeks after fo...More..

by | Sunday, July 24, 2016

Schlumberger cuts 16000 staff in first half of 2016

While the oilfield service provider failed to report profits that analysts had expected, the company believes the market bottom is here. After firing 8,000 in the first quarter, Schlumberger just laid off a...More..

Southwest Airlines still dealing with delays after outage
by | Saturday, July 23, 2016

Southwest Airlines still dealing with delays after outage

Officials from Southwest said the computer glitch is fixed and they've been responding on Twitter, apologizing to passenger who saying they hope to get back on schedule as soon as possible. It took about 12 h...More..

by | Saturday, July 23, 2016

Southwest technology glitch causes delays, cancellations

Southwest issued a statement Thursday morning to apologize for the inconvenience. "Most of our systems are back online this morning following yesterday's technology outages, but recovery will take some time...More..