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Business

THANKS OBAMA! Big February Jobs Report: Unemployment drops to 5.5% [VIDEO]

06/03/2015
February jobs reportUnemployment drops to 5.5 [VIDEO]

The U.S. economy added 295,000 jobs in February and the unemployment rate fell from 5.7 percent to 5.5 percent, extending the winter’s mounting labor market gains. The February jobs report released by the Bureau of Labor Statistics exceeded investors’ expectations, which were generally for 230,000 new jobs created. Unemployment drops to 5.5%. Here's the...
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U.S. Putting Microchips In Credit Cards [VIDEO]

04/03/2015
U.S. Putting Microchips In Credit Cards [VIDEO]

U.S. credit card companies have set an October deadline for a switch to chip-enabled cards. Such cards come with embedded computer chips that make them far more difficult to clone, according to banks and card makers. However, counterfeit cards account for only about 37 percent of credit card fraud, and the new technology is...
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FCC Approves Net Neutrality Rules to “Protect the Open Internet.”

26/02/2015
Internet Net Nutrality FCC Rules

The FCC, approved the policy known as “net neutrality” in a 3-2 vote on Thursday, FCC Chairman Tom Wheeler saying the policy will ensure “that no one whether government or corporate should control free open access to the Internet.” The new policy would replace a prior version adopted in 2010, but that was put...
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Apple Announces ‘Spring Forward’ Media Event March 9th – Watch Live Online

26/02/2015
apple event march 9th 2015 live stream

Apple announced a media event on March 9th at the Yerba Buena Centre for the Arts in San Francisco. This event will likely be to go over the final features, pricing, and other details on the Apple Watch, which will launch in April. “Spring Forward” is in the headline, so it’s not a stretch...
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Jamaica Decriminalizes Marijuana

25/02/2015
weed rasta in jamaica legal weed descriminalised

What, smoking weed was illegal in Jamaica, a place thats’ culture is based partially around the herb and the mega-star legend Bob Marley, who smoked and now has Weed products currently being marketed in the USA. We have come along way finally, took time, but the US drug war on weed has failed, and...
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Apple to bring more diversity to emoji in latest Betas [VIDEO]

24/02/2015
emojo crying laughing

Apple is adding more diverse emojis to its operating systems, a new developer preview reveals. The new emojis include various skill color options, as well as a wider variety of country flags. Great job Apple, you should have more emojis that represent paying a 2% tax rate.
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Google, Mattel partner on new View-Master with VR technology [VIDEO]

14/02/2015
Google, Mattel partner on new View-Master with VR technology [VIDEO]

Mattel announced it is teaming up with Google to create a virtual reality-based View-Master. The device won’t start selling until the fall and will work with Android smartphones. Check out this gadget for what you can get right now The PrioVR.
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Apple Becomes 1st $700 Billion Company [VIDEO]

11/02/2015
Apple becomes 1st $700 billion company

On Tuesday afternoon, Apple became the first U.S. company to close with a value of $700 billion or more. Shares of the company closed up $2.29, or 1.9%, to $122.01. “It shouldn’t be surprising that record breaking market (valuations) follow record-breaking earnings,” says Walter Piecyk, analyst at BTIG.
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HSBC ‘helped clients dodge tax’ [VIDEO]

10/02/2015
HSBC ‘helped clients dodge tax’

Leaked documents reveal how multinational bank HSBC helped wealthy clients across the world evade hundreds of millions of dollars in tax. The company is now facing criminal investigations in the US, France, Belgium and Argentina.
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Tweets to Appear in Google Search In Real Time

05/02/2015
Tweets to Appear in Google Search In Real Time

Twitter reportedly reached a deal to include the 140-character tweets in Google search results. The deal means Google will have automatic access to the stream of data from Twitter’s website, which it previously had to crawl for information. The move is part of a larger effort to attract more people to Twitter as growth...
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Oil Exec Predicts $5 A Gallon Gas On The Way [VIDEO]

20/01/2015
5a-gallon gas on the way

John Hofmeister attracted national attention in 2010 when he predicted that average U.S. gasoline prices would soar to $5 a gallon in 2012, thanks to rising crude oil prices. His forecast fell short, as the cost of filling up flirted with $4 in 2012, but never went higher. Now, with gasoline prices at $2.14,...
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Futures Higher, Point to Positive Start for 2015 [VIDEO]

02/01/2015
Futures Higher, Point to Positive Start for 2015 [VIDEO]

U.S. stock index futures rose on Friday as equities looked to rebound from a sharp decline in the previous session, though moves and volume were likely to remain tepid as the holiday week draws to a close. Wall Street ended December with solid gains for both the year and fourth quarter, though a broad...
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US Stock Market: Dow Hits A New High 18,000 [VIDEO]

23/12/2014
Dow Hits A New 18,000 [VIDEO]

The Dow Jones Industrial Average hit 18,000 for the first time at the opening bell Tuesday, getting a boost after the Commerce Department revised its estimated GDP for July-September to 5 percent growth — the fastest quarterly increase since 2003. Tech and consumer companies have logged some of the index’s biggest gains this year.
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Sony Cancels premiere of ‘The Interview Movie’ amid threats [VIDEO]

17/12/2014
sony cancels the interview movie

BREAKING: US officials now say they believe North Korea was behind the computer hacking attack on Sony Entertainment & Sony Pulls the Film Amid Threats. The New York premiere of ‘The Interview’ has been canceled in wake of threats from Sony hackers, a spokesperson for Landmark’s Sunshine Cinema said Tuesday. A message from the...
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Does Broome County really need a casino?

16/12/2014
Broome_County_Courthouse

Controversial plans have been put forward recently to build a casino in the Southern Tier. The potential developments have attracted both criticism and praise from various commentators, many of whom argue that it is a necessary evil for the region. If the plans go ahead, a new venue named the Traditions at the Glen...
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SeaWorld CEO to Step Down

11/12/2014
SeaWorld CEO to Step Down

Troubled theme park operator SeaWorld Entertainment Inc said Jim Atchison would step down as chief executive, and it would cut some jobs, sending the company’s shares up 2 percent in extended trading. SeaWorld did not say how many jobs it would cut, as part of its restructuring plan aimed at saving about $50 million...
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Stock Futures Lower After China, Japan Data Disappoints [VIDEO]

08/12/2014
Stock Futures Lower After China, Japan Data Disappoints

U.S. stock index futures dipped on Monday, indicating the S&P 500 may retreat from its latest record high, as soft data in China and Japan kindled global growth concerns. Economic data showed China’s exports rose at a slower than expected pace and imports dropped 6.7 percent in November, while Japan’s economy shrank more than...
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Amazon Deploys Robot Shipping Army

01/12/2014
Amazon Deploys Robot Shipping Army

E-commerce giant Amazon.com has boosted efficiency—and given workers’ legs a break—by deploying more than 15,000 wheeled robots to crisscross the floors and aisles of its biggest warehouses, pick up customer orders, and deliver stacks of toys, books and other products to employees. Amazon, which faces its single biggest day of online shopping Monday, has...
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Aereo files for Chapter 11 bankruptcy

21/11/2014
Aereo files for Chapter 11 bankruptcy

Aereo, the streaming TV service that let users watch near-live TV on any internet-connected device, has today announced that it is filing for Chapter 11 bankruptcy. In a blog post, the company stated that a US Supreme Court decision had “effectively changed the laws that had governed Aereo’s technology, creating regulatory and legal uncertainty....
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Google signs $1.1 billion lease for Nasa hangar to use for developing robots

11/11/2014
Google signs $1.1 billion lease for Nasa hangar - and plans to use it for developing a team of robots

Google has signed a 60-year lease for part of a historic Navy air base, where it plans to renovate three massive hangars and use them for projects involving aviation, space exploration and robotics. The tech giant has agreed to pay $1.16 billion in rent over the next six decades for the property, which also...
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[VIDEO] Mark Zuckerberg Explains Why He Wears Same Gray T-Shirt Every Day

07/11/2014
Facebook CEO Mark Zuckerberg Explains Why He Wears the Same Gray T-Shirt Every Day

#AskMark: Why do you wear the same shirt every day? from Facebook on Vimeo. During a recent Q&A session at Facebook in Menlo Park, California, CEO Mark Zuckerberg answered a question about why he wears the same gray T-shirt every day. His answer seems simple, but he also explains the benefits of limiting his...
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Oil prices at 4-year lows on Saudi discount report

04/11/2014
Oil prices at 4-year lows on Saudi discount report

Oil prices sunk to four-year lows following reports Saudi Arabia, OPEC’s largest oil producer, is cutting its prices for customers in the U.S. By late Tuesday morning London time, a barrel of benchmark crude was down $2.07, or 2.6 percent, at $76.79, its lowest level since September 2010. Meanwhile, Brent crude, the international benchmark,...
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Federal Reserve Ends Quantitative Easing (QE) Stimulus

29/10/2014
Federal Reserve Building

The Federal Reserve ended its historic easing program Wednesday, ceasing the final $15 billion of bond purchases it had made in an effort to keep the economic recovery going. Though it ended the program, the Federal Open Market Committee kept the “considerable period of time language” that investors had considered crucial in the central...
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Japanese casino bill on a knife-edge

29/10/2014
Ben Affleck Banned From Las Vegas Casino Caught Counting Cards

The odds on the Japanese parliament passing legislation to legalise casino gambling in time for the 2020 Olympics appear to be lengthening. Prime Minister Shinzo Abe’s is amongst those trying to push through a bill that will legalise casino gambling, but the bill is facing stiff opposition within the Japanese parliament. The likelihood of...
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Walmart Apologizes for ‘Fat Girl’ Costumes

28/10/2014
Walmart Apologizes for 'Fat Girl' Costumes

Walmart found itself sending apology tweet after apology tweet Monday after the Twitterverse raked it over the coals for a major goof on its website. For whatever inexplicable reason, the retail giant’s site featured a Halloween category, titled “Fat Girl Costumes.” You won’t find it there now, thank goodness, but it stayed there for...
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Apple CEO Tim Cook says Apple Pay a “success”

28/10/2014
Apple CEO Tim Cook says Apple Pay a success

Apple CEO Tim Cook said Apple’s new mobile payment system had over 1 million activations in the first three days after it became available, and is now more widely used than any competing payment system. “We’re already No. 1. We’re more than the total of the other guys,” Cook boasted Monday during a tech...
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Report Reveals Wider Tracking of Mail in U.S.

28/10/2014
Report Reveals Wider Tracking of Mail in U.S.

In a rare public accounting of its mass surveillance program, the United States Postal Service reported that it approved nearly 50,000 requests last year from law enforcement agencies and its own internal inspection unit to secretly monitor the mail of Americans for use in criminal and national security investigations. The number of requests, contained...
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John Oliver: Sugar. Is it good for us? Well, the Sugar Industry Thinks So

27/10/2014
Sugar in everything

Last Week Tonight with John Oliver on Sugar, the killer, that controls Washington. Sugar. It’s in everything! Is it good for us? Well, the sugar industry thinks so.
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Twitter acquires Twitpic domain and photo archive

27/10/2014
Twitter acquires Twitpic domain and photo archive

Twitpic announced today that it has reached an agreement to be acquired by Twitter, saving millions of photos that were set to go up in smoke later today. In a blog post, founder Noah Everett said “we have reached an agreement with Twitter to give them the Twitpic domain and photo archive, thus keeping...
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Oil-Rich Venezuela Rations Food

23/10/2014
Oil-Rich Venezuela Rations Food

Despite its oil riches, Venezuela has joined the ranks of North Korea and Cuba in rationing food for its citizens. The government has rolled out a system using fingerprint scanners to limit purchases of basic goods. Before entering grocery stores, shoppers have to scan their fingerprints to make sure they don’t buy more than...
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