Home » Author Archive

Rickshaw Ride-Sharing Service Created for Refugees

Rickshaw Ride-Sharing Service Created for Refugees

For millions of refugees that live in camps, the ability to rebuild their lives is dependent upon transportation. Without transportation, families in the refugee camps are not able to reach hospitals, send their children to schools,... 
Self-Powered Wearable Sensor Acts as Body Glucose Monitor

Self-Powered Wearable Sensor Acts as Body Glucose Monitor

Scientists in New York have developed a new paper-based, self-powered wearable sensor that allows people with diabetes to measure their levels of glucose from sweat during their exercising. The most widespread current methods for self-testing... 
Northrop Acquiring Orbital ATK in $7.8 Billion Deal

Northrop Acquiring Orbital ATK in $7.8 Billion Deal

Defense specialist Northrop Grumman Corp has agreed to acquire Orbital ATK Inc. in a deal for $7.8 billion, which bolsters the space and missile businesses of one of the country’s biggest defense contractors. Shareholders of Orbital... 
Nestle Paying $425 Million to Acquire Coffee Company

Nestle Paying $425 Million to Acquire Coffee Company

Nestle SA will purchase Blue Bottle Coffee as the Switzerland based company looks to bolster its presence in the U.S. amidst growing demand for upscale coffee blends. Nestle is paying $425 million for a stake of 68% in the company,... 
Mophie and Belkin Already Offering Wireless Charging for new iPhones

Mophie and Belkin Already Offering Wireless Charging for new iPhones

The wireless charging pads for the new Apple iPhones will not be available until 2018, but Mophie and Belkin two big third-party providers said their products that are compatible are on sale already. As was highly anticipated and expected,... 
Nordstrom Opening Store With No Clothes but Serves Beer

Nordstrom Opening Store With No Clothes but Serves Beer

Nordstrom will try out a smaller store. The upscale department store announced on Monday that it would be opening a small store of 3,000 square feet, just a fraction of the size of one of its typical stores of over 140,000 square feet. The... 
iPhone Price Tag Could Hurt Excitement in China

iPhone Price Tag Could Hurt Excitement in China

Apple Inc. is expected to launched the much anticipated “iPhone 8” Tuesday, and hopes that the number’s auspicious connotations across China help to turn its fortunes around in the largest smartphone market in the world, following... 
Kroger Stock Drops On Fall in Profit

Kroger Stock Drops On Fall in Profit

Kroger Co. posted profit that was sharply lower as the largest supermarket chain in the country slashed prices while investing in technology to help it maintain pace with increased competition amongst grocers. The grocer, based in... 
Billionaire in China Sues Social Media for Malicious Rumors

Billionaire in China Sues Social Media for Malicious Rumors

One of the richest men in China has taken legal action against what he called rumor mongers that he accused of spreading fake news about his company and him. The huge Chinese conglomerate Dalian Wanda Group, has filed several lawsuits... 
Los Angeles Times-Chicago Tribune Group Buys New York Daily News

Los Angeles Times-Chicago Tribune Group Buys New York Daily News

The chain of newspapers led by Michael Ferro the software entrepreneur bought the tabloid New York Daily News, adding the largest media market in the nation to its mix of dailies that include the Chicago Tribune, Baltimore Sun and... 
European Union Approves Air Berlin Lifeline

European Union Approves Air Berlin Lifeline

The European Union’s European Commission has approved a bridge loan for Germany based Air Berlin that will maintain the insolvent airline flying while it attempts to find buyers for the company’s assets. Air Berlin, the second... 
Campbell Stock Dives As Poor Outlook Follows Buffett Blow

Campbell Stock Dives As Poor Outlook Follows Buffett Blow

Campbell Soup Co. saw its shares plunge after it posted earnings that disappointed. The packaged food conglomerate also delivered a forecast that was weaker than was expected, bringing additional evidence that a slump industry wide... 
Google Denies it Urged Firing by Think Tank of Critic

Google Denies it Urged Firing by Think Tank of Critic

Google has rejected the claims on Wednesday of a critic who said the search engine giant played a role in firing him from a prominent think tank following his open praise of the decision by the European Commission to fine the tech... 
Kik Raising $135 Million with Sale of Digital Currency

Kik Raising $135 Million with Sale of Digital Currency

Kik Interactive the messaging startup based in Canada will be receiving its largest to date cash infusion, but much of the injection of new cash will be from just regular people rather that from venture capitalists. The Ontario-based... 
Domino’s Pizza and Ford Motor Delivering Pizza in Self-Driving Vehicles

Domino’s Pizza and Ford Motor Delivering Pizza in Self-Driving Vehicles

Domino’s Pizza and Ford have teamed up for a research trial in which Ford vehicles equipped with technology for self-driving will be delivering pizzas to regular customers, in an attempt to determine how it will be accepted by everyday... 
Engineer at Volkswagen Sentenced to Prison for Diesel Case

Engineer at Volkswagen Sentenced to Prison for Diesel Case

An engineer with Volkswagen on Friday was sentenced to 40 months behind bars for the role he played in the German automaker’s scheme of 10 years to cheat emissions testing for vehicles with diesel motors sold in the U.S. James Liang... 
Qantas Profit Tops Estimates, Investors Given More Cash

Qantas Profit Tops Estimates, Investors Given More Cash

Qantas Airways Ltd. said it will offer its fourth buyback of shares in the past two years as the air carrier posted annual earnings that were better than had been expected, and marking an end of its turnaround of three years under... 
Dixons Carphone Shares Plummet on Mobile Slowdown Warning

Dixons Carphone Shares Plummet on Mobile Slowdown Warning

Shares of Dixons Carphone Plc plunged on Thursday after it forecast a drop in its earnings this year, which was unexpected. Shares fell by up to 32%, as more expensive phones and a lack of new, hot products deterred Brits from upgrading... 
CEO of Chevron Stepping Down

CEO of Chevron Stepping Down

Chevron Corp CEO John Watson announced he would step down by the end of September and his likely successor will be Mike Wirth the Vice Chairman, said a source, who is familiar with this ongoing matter. The shake-up, which was unexpected,... 
Great Wall in China Confirms Fiat Chrysler Interest

Great Wall in China Confirms Fiat Chrysler Interest

Great Wall Motor Co., based in China is interested in making a bid for Fiat Chrysler Automobiles, said a company official Monday, which confirmed the reports it was pursuing part of or all of the owner of Ram trucks and Jeep brands. Speculation...