McDonald’s Corp: The world’s largest chain of hamburger fast food restaurants will stop the operation of usage of chickens farmed with antibiotics essential to human well being in a factor to fight effectiveness against antibiotics. The Oak Brook, Ill. fast food giant mentioned Wednesday that afterwards this year it will …
Read More »Uber: UberX controversial facility closed in South Korea
Uber, Inc: Uber has closed its controversial service uberX in South Korea on Friday. Ealier Government authorities said this service as illegal back in January. Anyone with a car can act like a taxi driver through uberX. No commercial license is required. It’s Uber’s least expensive service. Government officials in …
Read More »Dollar picks up to 11 years high, Euro struggles
U.S. Economy: The dollar index jump to 11 years high on Friday, Thanks to unexpected strong U.S. jobs data. On other-side Euro has taken a wild ride in Thursday trading, hitting an 11-year low. Dollar made a significant jump on Friday to an 11 year high against a basket of currencies as news …
Read More »U.S. Factory Business Down 0.2% in January
US Factory – Business to American manufacturers dropped again in January, but a significant investment class demonstrated an increase. Business order placed to manufacturers down 0.2% in January, the Commerce Department stated on Thursday. They dropped 3.5% in December along with 1.7 % in November. Within an promising sign, orders in a …
Read More »Software maker SAP to layoff 3% global workforce
SAP SE: The Enterprise Software Corporation will layoff around 3 percent of its overall staff and will create same number of jobs for expanding parts of the company. SAP SE will cut about 2,250 posts, or around 3 percent of its global workforce, while creating a similar number to focus on expanding parts of the company, as …
Read More »CitiBank’s Citigroup past Misfortune helped to Get Costco business
CitiBank’s Citigroup Inc now got something to benefit after winning exclusive right to issue credit cards for Costco Wholesale Corp, Competitors and analysts say “Citigroup has lost lot of money in the financial crisis period that it has got billions of dollars of tax credits”. Citigroup and Costco have not …
Read More »Euro Declines Touches Lowest in 11-year ahead of ECB meeting
Euro Currency decline touches the new low in more than 11 years even as the Dollar index sets fresh 11-year high. The sliding of the euro to its lowest level in more than 11 years against the dollar on Thursday, as investors waited for the European Central Bank to announce …
Read More »CRE superbug infection detected at Cedars Sinai
Latest indication that another superbug outbreak. This is the second case of a hospital reporting the same. As per the reports, some patients were exhibiting resistance to normal antibiotics. The medical center at Cedars Sinai stated that around four patients were exhibiting these symptoms. Further tests revealed the presence of the …
Read More »New VR supporting GPU, Titan X launched by Nvidia
Nvidia has announced the launch of Titan X. Gamers understood that this graphics card could be a power packed piece of hardware. As per Jen Hsun Huang, the CEO of Nvidia, Titan X can lay claim to the title of most powerful graphics unit due to the 8 billion transistors …
Read More »Rise in crude oil stockpile doesn’t ease price in US market
Crude oil Price: Thursday morning saw a continued increase in the price of Crude oil. This followed a huge increase in the inventory maintained by the US. This happened due to a number of oil refineries under maintenance. This has seen the stock of crude oil touch the 10 million …
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