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General Mills Inc. revealed that their February profits decrease by 16%. The revenue fell because of the restructuring-related charges as well as a stronger U.S. dollar. Other food companies got affected. However, shares rose 1.9% to $53.05 in recent premarket trading as earnings excluding one-time items beat expectations. Several major …

Nintendo Japanese video game maker Nintendo will be venturing into smartphone segment too and this has made investors cheer up with stock ended limit-up, or 21 percent. It was the stock’s biggest daily gain since Nintendo became public in 1983, adding some $4 billion to the company’s market capitalisation. Nintendo …

NASA announced its astronauts on the ISS space station will in near future be equipped with smart glasses that have been designed by Osterhout Design Group (ODG). The ODG has been awarded a contract by NASA to provide the space agency’s astronauts with electronic, smart glasses. The glasses will be …

FedEx Corp: Courier delivery services company, Said that around 53% increase in earnings was achieved during the holidays. The increased is the result of lower fuel costs, milder weather and shipping giant’s recent restructuring moves. FedEx shares, up 27% over the past year, slid 1% in premarket trading as the company’s February …

A better, faster and much efficient robot has been created by a team of researchers at Oregon State University. They have named it Atrias. It’s able to do all that because it is modeled after not a human, but a bird. Which makes sense when you consider birds are probably …

A restaurant in Seattle closes because it can’t pay its employee the amount of money the latter needs. Because several people were pushing the idea, there are some commotions about it now. The most significant piece of the pushback comes from the Seattle Times who were kind enough to point …

Tesla Motors co-founder Elon Musk believes the success of driverless vehicles will be breakthrough in their business, which is presently a successful start-up in electric automaking. The Tesla chief executive believes that the autonomous age is coming fast, with self-driving cars a given fact in a short period of time …

Oil reserves fell to a six-year low as analysts forecast revealed a fall on U.S. stockpiles. The fall happened even before the decision of the Federal Reserve for the monetary policy. West Texas Intermediate crude dropped for a seventh day at 7 a.m. in New York. The pound declined to …

Microsoft will be releasing its much awaited Windows 10 much earlier than expected. The new operating system is revealed to be coming up this summer. The software will be available in 190 countries and in 111 languages. Microsoft had already announced that Windows 10 would be a free upgrade to …

Kraft Foods Group Inc. withdraws more than 6.5 million boxes of its macaroni and cheese following the customers report. Apparently, some customers found some small metal pieces in the product. Kraft was contacted by eight customers about the situation, though no injuries have been reported, the Northfield, Illinois- based company …