Adidas to accelerate Product Innovation

German sportswear company Adidas has decided to speed up product innovation. According to the sportswear major, which designs and manufactures sports shoes, clothing and accessories, it has planned to prioritize some of globe's biggest cities to accelerate profit growth.

On Thursday, Herbert Hainer, Chief Executive Officer of the company based in Herzogenaurach, said that speed will be one of three key strategies for the company to drive future growth. According to Hainer, speed will help the company to get the latest products to customers more quickly. According to reports, the world's second-biggest sporting-goods maker will also make investment to do good business in cities like New York, London, Los Angeles, Tokyo, Paris and Shanghai.

Florida’s Metroplexes driving state’s Population Growth

Florida is jumping up in the list of most populous states and many cities in the state feature among the fastest-growing cities. Lately, The US Census Bureau has released a data as per which, The Villages, Florida, has been ranked as the nation's fastest growing metro in 2014.

Between July 1, 2013 and July 1, 2014, the city west of Orlando unveiled about a 5.4% increase in population. The news came as in December Florida became the nation's third most populated state.

The Census Bureau said that the growth is owing to many factors like the increase in the state's metroplexes in areas like central and southern Florida. Census Bureau Director John H. Thompson said that six Florida metro areas were among the 20 fastest-growing.

Wells Fargo to cut 1000 jobs

Thousand Milwaukee workers will soon have to look for new job for them because of improving mortgage delinquencies.

One of the Milwaukee-based Wells Fargo departments concentrated on foreclosures, short sales and collections. Wells Fargo also focused on issues that were a sign of the failing economy. But there is a possibility that the US can finally hit a tipping point. Jobs are recovering. It means that now people can pay for their homes. Business of real estate agents, staffing agencies, and manufacturing companies are increasing.

US Navy Unveils Diving Suit Prototype Developed Under IRD Project

The United States Navy is looking to make missions safer for its divers with a new life support system.

According to Engadget, recently unveiled diving suit prototype is designed to be more efficient than previous models by using less helium.

Today's available suits use the Fly-Away Mixed Gas System (FMGS), which vents gases exhaled by the divers into the ocean. This entire process wastes huge amounts of oxygen and helium.

Navy scientists said that the new suit comes with an update helmet and breather. Tests showed that the new suit can help to save helium at a time when the world is experiencing a shortage in noble gas.

NASA looks forward to launching Hubble Successor James Webb Space Telescope in Three years

On Wednesday, NASA's officials told members of Congress that NASA's successor to the Hubble Space Telescope is on schedule and budget for now. The James Webb Space Telescope (JWST) has been scheduled to be launched to space in three years. And it is intended to help scientists know more regarding the mechanics of the cosmos.

NASA associate administrator in the science mission directorate John Grunsfeld said during a US House of Representatives space subcommittee hearing, "This next great space observatory, and indeed the world's most powerful planned space telescope, remains within budget and on track to meet its October 2018 launch readiness date. NASA will meet the science community's ambitious goals with Webb [JWST]".

Scientists in an Open Letter Ask Museums to Cut Ties With David Koch

A group of 39 scientists and experts has requested natural history museums to cut their ties with donors whose political agendas might conflict with their own view.

Scientists through an open letter published on Tuesday called for David Koch's removal from the boards of the American Museum of Natural History in New York City and from the Smithsonian Institution's National Museum of History in Washington, D. C.

The billionaire has donated $50 million to the Smithsonian and several million dollars to the American Museum of Natural History.

Scientists in the letter wrote, "We are deeply concerned by the links between museums of science and natural history with those who profit from fossil fuels or fund lobby groups that misrepresent climate science".

Pages

News in Focus

ICICI Lombard General Insurance Share Price Target at Rs 2,250: ICICI Direct

ICICI Securities has reiterated a BUY call on ICICI Lombard General Insurance, underscoring a compelling risk-reward equation driven by consistent earnings growth, improving sector

JSW Infrastructure Share Price Target at Rs 360: Motilal Oswal Research

JSW Infrastructure is entering a decisive growth phase as capacity expansion, logistics integration, and strategic international partnerships begin to reshape its long-term earnings trajectory.

Aditya Infotech (CP Plus) Share Price Could Reach Rs 1,850: ICICI Securities

ICICI Securities has reiterated a BUY recommendation on Aditya Infotech, setting a target price of Rs 1,850, implying an upside of roughly 15% from the current mar

VA Tech Wabag Share Price Target at Rs 1,900: Motilal Oswal Research

Motilal Oswal Financial Services has reiterated a BUY recommendation on VA Tech Wabag, highlighting strong order inflows, robust revenue visibility, and improving profitability out

Hindustan Copper Share Price Target at Rs 650: Anand Rathi Research

Anand Rathi Research has reiterated a BUY recommendation on Hindustan Copper Limited with a revised 12-month target price of Rs650, compared with the current marke

Is ChatGPT's Price Prediction for Bitcoin and Ethereum a Good Option for Investors?

The rapid rise of artificial intelligence tools has led many investors to experiment with ChatGPT as a way to forecast cryptocurrency prices, particularly for assets like Bitcoin and Ethereum.