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Cyberattack on JPMorgan Chase Mirrors the Vulnerability of System in American Banks

Technology News - Sun, 10/05/2014 - 13:02

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One of the largest banks of the U. S recently announced that it faced a data breach which exposed information of millions of its customers. JPMorgan Chase has been a part of one of the biggest ever data breaches in the history of the US.

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Shareholders Not Happy With Yahoo’s Plan of Investing in Snapchat

US News - Sat, 10/04/2014 - 10:56

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Yahoo is planning to flush out some of its funds that it gathered from the lucrative investment in Alibaba. Reportedly, Yahoo is thinking of buying Snapchat, the hot mobile messaging startup.

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Categories: US News

Pharmaceutical Industry Jostle for Takeover Deals

US News - Sat, 10/04/2014 - 10:54

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The pharmaceutical industry is going through a lot of buzz as a number of companies are engaged in talks for acquisition and making deals. Some of the bigger players are busy trying to out-power their competitors.

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Categories: US News

Unemployment Rate in the US Drops Showing a Healthy Level, says Economists

US News - Sat, 10/04/2014 - 10:53

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In September there was a spurt in hiring and that led to a fall in the rate of unemployment in the nation which is considered as a six year low. The economists consider the figure seen in September healthy which is likely to get better with time.

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Categories: US News

Four substances added to carcinogen list by HHS

US News - Sat, 10/04/2014 - 09:12

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The U. S. Bureau of Health and Human Services has recently added four new substances to the authority government rundown of cancer-causing agents.

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Categories: US News

Woman gives birth after womb transplant

US News - Sat, 10/04/2014 - 09:05

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A 36-year-old Swede has become the world's first lady to conceive an offspring after getting a womb transplant, medicinal journal The Lancet said on Saturday, depicting the event as an achievement for barren ladies.

The healthy kid was delivered a month ago, it said. Both mother and newborn child are doing well.

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Categories: US News

Posh's busy life ruins Spice Girls' 'X Factor' reunion hopes

Victoria Beckham - Sat, 10/04/2014 - 08:57

London, Oct 4 : Spice Girls members could have had their reunion as they were recently invited to be a part of reality show ' X Factor,' but the hopes were ruined by Victoria Beckham's busy schedule.

The former girl band's members were to come on the show and help Melanie Brown choose her final three contestants in Mexico before the live shows, but unfortunately, only three out of four showed interest, the Mirror reported.


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Categories: Celebrity News

Enterovirus was the cause of death of 4-year-old New Jersey Boy

US News - Sat, 10/04/2014 - 08:56

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The Centers for Disease Control has verified that the 4-year-old New Jersey kid who passed on at home a week ago had enterovirus.

It's still not clear if the respiratory ailment assumed an immediate part or was a helping variable in his demise, nonetheless, state health sauthorities say.

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Categories: US News

Dallas hospital treating Ebola patient experiences problems

US News - Sat, 10/04/2014 - 08:47

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From the minute he arrived Monday at Texas Health Presbyterian Hospital, Dr. John Bertrand confronted the nervousness of his patients fearful in light of the fact that a man with the dangerous Ebola infection was being dealt with there.

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Categories: US News

Clooney's wife Amal Alamuddin compared to Kim K by website

Kim Kardashian - Sat, 10/04/2014 - 05:01

London, Oct 4 - George Clooney's wife Amal Alamuddin has been labeled as the 'new Kim Kardashian' by a website which made the human rights lawyer famous overnight.

Alamuddin topped the 'Barrister Hottie' list that was compiled by the website Barrister Boyfriend which also mentioned during the wedding speeches, the Mirror reported.


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State Regulators Order Duke Energy to Return Customers Money Collected for Failed Nuclear Plant

US News - Fri, 10/03/2014 - 09:06

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Now the customers getting energy from one of Florida's largest power companies, Duke Energy will get to see that electricity bills getting smaller. In a decision taken on Thursday by the state regulators, the company has to payback $54 million utility it had charged from the consumers for a nuclear power project that was planned in Levy County but never got constructed.

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Categories: US News

Cyberattack at JPMorgan Chase affected 76 Million Households

US News - Fri, 10/03/2014 - 08:42

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Putting the intrusion as one of the largest ever to happen, the cyberattack on JPMorgan Chase which happened this summer is estimated to have compromised the accounts of 76 million families along with seven million small businesses. This large number makes that earlier digit given by the bank rather a small one.

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Categories: US News

Pricing IPO at More than Expected Range Wayfair Raises $319 Million

US News - Thu, 10/02/2014 - 07:34

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Wayfair Inc. the Boston online retailer of home furnishings is all set to begin trading today on the New York Stock Exchange at a higher than expected share price. This will be the twentieth Massachusetts company this year, to go through an initial public offering.

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Categories: US News

Ebola Treatments May Take Time to Hit the Market

US News - Thu, 10/02/2014 - 07:09

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Ebola after all may have a treatment and a vaccine, but it is difficult to say how much time the treatment will take to reach the market.

Health officials say that it may be one year or more before an effective therapy reaches the market and perhaps it will take a longer time for a vaccine to reach the already nervous crowd.

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Categories: US News

Fourth Quarter Loss Posted by Walgreen

US News - Wed, 10/01/2014 - 11:42

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The largest drugstore chain of America reported a $239 million loss for its fiscal fourth quarter. Walgreen had to swallow a huge accounting charge from its acquisition of Alliance Boots in 2012. In spite of that the company was able to meet the expectations of Wall Street.

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Categories: US News

Steve Wynn, Casino Magnate Says Gambling Industry is not about Slot Machines

US News - Wed, 10/01/2014 - 11:39

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On Tuesday night, Steve Wynn, the billionaire developer and casino mogul, the one to provide shape to the Las Vegas Strip, offered a piece of advice to a big crowd that was gathered at the annual G2E Global Gaming Expo of the gambling industry.

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Categories: US News

News Corp. to Buy Move Inc. for $950 million

US News - Wed, 10/01/2014 - 11:38

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House hunting websites are making big news.

On Tuesday News Corp. announced that it is going ahead with a $950-million agreement to acquire Move Inc. This is the third-largest online real estate listing company in the country. It attracted 26 million aspiring home buyers in the previous month.

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Categories: US News

Will PayPal soon Look for Mergers with Mobile Payment Services to fight Competition from Apple Pay?

US News - Wed, 10/01/2014 - 11:35

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The split of PayPal and eBay Inc, its long-time partner might make Carl Icahn quite happy. But he surely does not think that remaining single for a long time would be good for PayPal.

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Categories: US News

Kim K's security helps her escape stalker this time

Kim Kardashian - Tue, 09/30/2014 - 14:19

Washington, Sept 30 : Kim Kardashian was recently nearly knocked to the ground during a Paris Fashion Show event by a guy named Vitalii Sediuk, who tried to target her again. However, this time she was prepared.

The 33-year-old beauty was having dinner with her husband Kanye West, 37, at Hotel Costes in Paree when her tightened security team spotted Sediuk at a distant, the TMZ. com reported.


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Ford Shares Drop With Profit Concerns

US News - Tue, 09/30/2014 - 08:54

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Although Ford Motor Co. is expecting a return aimed at profitability yet in a meeting on Monday the executives told investors that the company was expecting a 2015 pre-tax loss of about $250 million in Europe.

Ford said that the company expects Europe pre-tax operating margins to be between three percent and five percent by the year 2020.

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Categories: US News
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