NEWS

Students find Teacher Hanging in California High School Classroom

Students find Teacher Hanging in California High School Classroom

Jillian Jacobson, 31, a photography teacher at a Southern California high school has committed suicide by hanging herself by a classroom ceiling, according to initial investigation reports.

Lt. Eric Point, of Placentia Police, said that Jacobson was found dead on Monday, at El Dorado High School, with no indication of foul play, and every indication that she took her own life.

Point said that no suicide note was found in the classroom but still the investigators for the time being have ruled that Jacobson took her own life.

According to Steve Concialdi, with the Orange County Fire Authority, the room was opened by another teacher, while the students were waiting outside the classroom to get in.

Foreign Exchange Market Bets on Stronger Dollar after Federal Chair Denies Speculations

Foreign Exchange Market Bets on Stronger Dollar after Federal Chair Denies

It seems that Janet Yellen, an American economist, who is said to be currency traders' best friend, is turning to their biggest enemy.

The most-popular trade in the $5.3 trillion-a-day foreign-exchange market has been betting on a stronger dollar, leaving investors exposed, after the Federal Reserve chair denied speculations last month of an expected increase in interest rates.

Now as the dollar slowed its advance, an index of currency returns snapped record prompting traders to reassess how much higher the greenback can go.

Germany’s Retail Sales Rose Higher than Expected

Germany’s Retail Sales Rose Higher than Expected

It has been reported that Germany's retail sales rose with a faster pace in January as compared to earlier months.

Preliminary figures from Destatis showed Tuesday that high pace of the retail sales carried the annual growth to the highest level in four-and-a-half years. The latest rate of increase was the highest since June 2010, when sales had risen 6.0%.

Retail sales grew 2.9% month-on-month in January, which was much faster than December's 0.6% increase.

Economists expected that the sale would increase at a weaker pace of 0.4%. This was the fourth consecutive months when the Germany's retails sale increased.

March Full of Amazing Celestial Combinations

March Full of Amazing Celestial Combinations

Mars and Venus have offered quite a beautiful show to skygazers in February this year. Now in March, it seems that the show will carry on.

Experts said that Jupiter and some other celestial objects will also join the show and will be providing a stunning sky gazing experience to sky watchers.

Jupiter, the biggest planet of our solar system, and which is the fifth planet from the sun, will come directly opposite to the sun during the event.

This event is also referred to as ‘Jupiter at opposition’ and such an event happen once every 13 months, said experts.

Glencore reports Small Fall in Full-year Earnings

Glencore reports Small Fall in Full-year Earnings

According to reports of Glencore, the company has registered relatively small fall in full-year earnings. On Tuesday, Glencore, which is among the world’s largest resources companies, took an impairment charge of about $1.1 billion on lower commodity prices. In 2014 core profit, the miner and commodity trader posted a fall of about 2%.

Glencore had acquired Xstrata, a diversified mining company headquartered in Zug, and included the operations into its business during 2014. As per the reports, the weak commodity markets have pulled down the adjusted earnings by about 7% to $9.8bn. The company’s adjusted amortization fell 2% to $12.8bn.

New York City’s Health Department makes over 95,000 Rat Inspections

New York City’s Health Department makes over 95,000 Rat Inspections

According to reports, Health Department of New York City made more than 95,000 rat inspections. The department keeps record of rats as they spread most feared diseases. Rat fleas transmit plague is among the disease that no one wants to catch.

In the United States, the last urban outbreak had happened in Los Angeles in 1925. At that time, the last United States survey of parasites on rats was published. For the first time in last nine decades, public health scientists and entomologists studied how many parasites and lice were on the city’s rats.

They had set several traps in different locations around the city to measure what parasites were hitching a ride on the city’s rats. After setting the traps, the public health scientists waited for a long time.

Health campaign group calls for ban on energy drinks for children under 16

Health campaign group calls for ban on energy drinks for children under 16

Health campaign group Action on Sugar (AoS) seeks ban on the sale of energy and sports or energy drinks citing health concerns.

Since more and more children are drinking energy drinks, health experts have warned parents that their children might be at risk of obesity and Type 2 diabetes.

A research from charity Action has revealed that one energy drink contains up to 20 teaspoons of sugar while children should only have 6 teaspoons per day.

The heath campaign group claims that while many youngsters think these energy drinks help them improve sports performance, they remain unaware of health risks posed by these products.

Long-term use of paracetamol linked to increased risk of stroke and heart attacks

Long-term use of paracetamol linked to increased risk of stroke and heart attack

A new study has revealed that long-term use of paracetamol could raise the risk of heart attacks, stroke, gastrointesinal bleeding or kidney failure and early death.

The drug is believed to be safer than aspirin, which can cause stomach bleeds, and ibuprofen, which has been linked to heart attacks and strokes.

The study has found that patients prescribed with high doses of paracetamol for long periods were up to 63% more likely to die unexpectedly.

However, British researchers urge that a systematic review should be carried out to ensure the effectiveness of the drug as the risks associated with its long-term use may have been underestimated.
They believe that paracetamol might be causing illness by preventing the action of an enzyme in the body called COX-2.

Beefalo creating Problems in Grand Canyon

Beefalo creating Problems in Grand Canyon

Back in half the early 1900s, half cow and half bison hybrids were introduced to Arizona. They were introduced as part of a beef production breeding program. But, now the beefalo are causing problems in the Grand Canyon.

In April 2014, a group of beefalo living in the Grand Canyon was covered by the Christian Science Monitor. According to Christian Science Monitor, the bison no longer look similar to cattle but still it has about 10% cattle in their genes.

It has been informed that the huge animals have decreased vegetation in meadows to nubs. These are also very thirsty animals. One beefalo has capacity to drink 10 gallons of water at the time of each trip to the watering hole.

Airlines will know about their Planes’ Position every 15 minutes

Airlines will know about their Planes’ Position every 15 minutes

Nearly a year has passed since Malaysia Airlines Flight 370 vanished while flying from Kuala Lumpur to Beijing. The missing plane that had 239 passengers including crew members is one of the most confusing mysteries of modern times.

Over the year, regulators and airlines were seen discussing how much flight tracking was necessary to avoid repeating such events. According to reports, now a plan has been moving forward that will require airlines to know about their planes' positions after every 15 minutes. The reports stated that the plan could be implemented by the end of 2016.

Higher-Intensity Exercise helps People attain other Health Benefits

Higher-Intensity Exercise helps People attain other Health Benefits

Any exercise is beneficial, but it takes a little more effort to gain additional health benefits, finds a new study. Even with a half-hour of slow walking, obese middle-aged adults were able to reduce bit of weight and a couple of inches from their waistline. It took higher-intensity exercise to reduce their blood sugar levels, which in the long run may reduce the risk of type-2 diabetes.

Study's lead researcher Robert Ross, an exercise physiologist at Queen's University in Ontario, Canada said that participants who took part in the study were middle-aged, sedentary and Robert Ross, an exercise physiologist at Queen's University in Ontario, Canada.

United Airlines ban bulk shipments of Rechargeable batteries over safety concerns

United Airlines ban bulk shipments of Rechargeable batteries over safety

On Monday, United Airlines announced that it will no longer accept bulk shipments of rechargeable batteries citing safety concerns.

Rechargeable batteries are also called lithium-ion batteries, which are used to power everything from smartphones to laptops to power tools.

These batteries dictate the global battery industry as they're cheap to make, lightweight and can hold a lot more energy than other types of batteries.

Delta Air Lines have stopped accepting bulk shipments of the rechargeable batteries on February 1, while a third major US carrier, American Airlines, have also banned bulk shipments on February 23.

Gold futures drops to end longest rally in five weeks

Gold futures drops to end longest rally in five weeks

It has been informed that gold futures dropped on Monday to end the longest rally in five weeks. It dropped because a 15-year high in US technology stocks slashed demand for the precious metal as a haven.

For the first time since 2000, the Nasdaq Composite Index mounted over 5,000 in a hope that consumer spending will progress. In the previous two years, gold fell 29% because the economy gained traction and global equities increased.

Johnson & Johnson to sell its Cordis Vascular Technology Unit

Johnson & Johnson to sell its Cordis Vascular Technology Unit

On Monday, United States pharmaceutical and medical equipment maker Johnson & Johnson announced that it will sell its Cordis vascular technology unit to Cardinal Health, health care services company based in Dublin, for $1.99 billion. The deal confirms the pharmaceutical and consumer packaged goods manufacturer's exit from the cardiovascular stent business.

According to reports, the deal consists of $1.944 billion of cash proceeds from Cardinal Health and about $46 million of retained net receivables. Currently, the Fortune 500 health care services company has been expanding its medical equipment offerings for doctors. Net revenue of Cordis in 2014 was about $780 million.

PayPal acquires Paydiant

PayPal acquires Paydiant

PayPal has acquired Newton-based mobile payments software company Paydiant. The acquisition has come few weeks after PayPal sacked out employees from its Boston office and also, ended ties with Start Tank.

Paydiant explained that its software allows retailers to have their own mobile payments wallet applications. With the help of unique and secure QR codes, the applications work. Sunway, Orange Peel, and the Merchant Customer Exchange (MCX) are among its customers.

Paydiant thinks that the deal will close by the end of this month or in April. It has huge expectations from the deal and thinks that PayPal's resources will help Paydiant to expand its boundaries of innovation.

Citigroup and Visa to become Costco Wholesale Corp’s new credit card partners next year

Citigroup and Visa to become Costco Wholesale Corp

Costco Wholesale Corp., American membership-only warehouse club, named Citigroup Inc. and Visa Inc. as its new credit partners On Monday.

Costco Wholesale Corp announced Citi, the world's largest issuer of consumer credit cards, would become the exclusive issuer of Costco's co-brand credit cards and Visa will replace American Express (AmEx) as the credit card network or Costco in the United States beginning April 1, 2016.

In February, AmEx said that it had been unable to reach a deal with Costco on renewal terms. It said that the 16-year partnership in which Costco only accepted AmEx cards will expire on March 31, 2016.

After the announcement, credit-card firms teamed up with the fast-expanding wholesale club, which sells everything from car tires to smoked salmon.

Forbes' billionaires list includes Michael Jordan

Forbes' billionaires list includes Michael Jordan

Bill Gates is on the top in Forbes magazine's annual list of the world's richest people. Facebook Inc.'s Mark Zuckerberg has been included in the top 20. And for the first time, basketball star Michael Jordan has also joined the list.

According to Forbes, Gate's net worth increased to $79.2 billion from $76 billion a year ago, as a result of which he reached the top position for the 16th year in the last 21. Mexico telecommunications industrialist Carlos Slim Helu has been put on second position, at $77.1 billion. And Berkshire Hathaway chief Warren Buffett was at third position, at $72.7 billion.

Stratos Smart Card Aims to Combine All in One

Stratos Smart Card Aims to Combine All in One

Stratos are looking forward to make your credit cards, debit cards, loyalty cards, and gift cards a thing of past. It will combine all of the cards in one.

Stratos is a kind of electronic 'smart' card that has assured the simplification of lives by slimming down our wallets and securing our personal information.

The working of this card is very simple. A corresponding mobile app will store all your current credit card information and will transmit to your Stratos Card whenever you want to pay. When you receive this card in the mail, it comes with a card reader that can be plugged into a phone's headphone jack.

You can load the card's information in the app by swiping a traditional credit card, debit card or gift card through the reader.

Bill Gross March Investment Outlook Worth to Read

Bill Gross March Investment Outlook Worth to Read

Not many people are having interest in Bill Gross's writing style, but his March investment outlook is worth reading for everyone who is struggling with several money related issues.

The latest investment outlook given by Bill Gross starts with a wacky touch. Gross in his outlook has asked 'If you were a dog, what kind would you be?'

But going further the outlook goes on to elaborate the topic that has become a theme for the former Pimco chief. He explains how actually ultra loose monetary policies by the world's largest central banks threaten traditional business models.

He further wrote that the phenomenon of negative yields throughout several European yield curves is particularly astonishing.

Hewlett-Packard acquires Aruba Networks

Hewlett-Packard acquires Aruba Networks

Hewlett-Packard is acquiring wireless networking company Aruba Networks. The company informed that Aruba will be acquired in a deal valued at $2.7 billion. Aruba Networks is a networking vendor selling enterprise wireless LAN and edge access networking equipment. Business of Aruba has grown because more people are making use of mobile devices at work, school and elsewhere.

This deal will possibly aid HP to compete with tech competitors like Cisco Systems. HP could also be helped to gain access to Asian markets, mainly in China. According to UBS analyst Amitabh Passi, Cisco presently sells about 50% of all commercial wireless networking gear worldwide. It has been estimated that HP and Aruba will collectively account for 20% of global sales for such systems.




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