Apple Stock Price Gets a Big Boost from Tim Cook’s Email Response on Reassuring Sales in China

Tim Cook

After Tim Cook, Apple CEO, responded to CNBC’s ‘Mad Money’ host, Jim Cramer’s email, that Apple has been witnessing reassuring sales growth in China, the stock prices got a big boost. Apple is said to have traded at 5% higher on the back of this reassuring mail from the CEO. According to nytimes.com, the ‘Mad […]

Goldman Sachs’s Michael Evans Appointed as the New President of Alibaba

Michael Evans Goldman Sachs Alibaba President

Michael Evans is a veteran in the industry who has served for twenty years at Goldman Sachs. He is an extremely valuable asset to Alibaba during a crucial time. The company has appointed him as their new President and Evans will be responsible for all business decisions and expansions from now. With this announcement, Alibaba, […]

General Motors Co. Planning to Invest $877 Million to Revamp Truck Plants

General Motors

General Motors is busy in setting up some of their truck plants so that they are future proof and ready to manufacture the revamped editions of their trucks in 2018. The company, in an official statement, confirmed that they are planning to invest a sum of $877 million. The investment will be split between two different […]

Average Lifespan of Cars in the U.S. Increased Since Recession

Car lifespan

A decade ago, people craved for new technology and newer products, but the recession has brought about a change like never before. According to a study conducted by the IHS automotive, the average lifespan of cars in the United States has seen a significant increase when compared to the data collected in 2006. People are […]

Apple Watch Will Fly Off the Shelves this Holiday Season: Tim Cook

Apple watch

After a disappointing sales call, analysts predicted that a major share of the loss should be subjected to the poor sales of Apple Watch. However, statistics has an entirely different story to reveal. According to Tim Cook, the CEO of Apple, the smartwatch has exceeded internal expectations but he didn’t reveal the actual number of […]

Samsung JS7000 4KTV Supports Great Upscaling, More Codecs at Just $1300

Samsung JS7000 4K UHDTV

One of the main reasons why customers refrain from buying a 4K television is that they aren’t the ideal choices for viewing HD or SD content apart from the fact that the pricing is too high to invest in. Samsung’s JS7000 aims to break both these myths and could probably be the first 4KTV that […]

BMW Ready to Unveil a Sports Concept Car at Pebble Beach

BMW Concept Car Pebble Beach 2015

The upcoming Pebble Beach Concours d’Elegance meet has already stirred enough interest because BMW has promised to reveal two new concept cars, one of them definitely a sporty high performance model. While the company has been focusing on family friendly models and SUVs, it’s a rarity to see a car focused purely for sports lovers. […]

FDA Delays Calorie Count Rule For Chain Restaurants

The Food and Drug Administration has announced that it will be delaying the implementation of a rule that would have chain restaurants displaying the calorie counts of their foods on their menus. The rule was created as part of the Affordable Care Act to help consumers get difficult to find nutritional information about the foods […]

Scientists Studying Link Between Smoking, Schizophrenia

Scientists have discovered that there may be a link between smoking and the development of psychological conditions such as schizophrenia. A new study recently published in The Lancet Psychiatry showed that there appeared to be an association between smoking and the development of schizophrenia. It remains to be seen whether the link is casual or […]

San Francisco Shooting Increases Criticism Of Sanctuary Cities

The shooting of a young woman in San Francisco by an illegal immigrant who had been deported multiple times has increased the focus on “sanctuary cities” and what they mean to legal residents of the United States. Juan Francisco Lopez-Sanchez allegedly shot 32-year-old Kathryn “Kate” Steinle in the back on July 1. She was walking […]

Joaquin “El Chapo” Guzman Escapes Maximum-Security Mexico Prison

Drug lord Joaquin “El Chapo” Guzman has escaped from a maximum-security prison in Mexico by tunneling out of the facility. The former leader of the Sinaloa cartel had been incarcerated inside the Altiplano prison facility for the past eighteen months. Guzman apparently escaped the prison by sneaking through a passage in the shower area of […]

Serbian PM Chased At Srebrenica Ceremony

The Prime Minister of Serbia was chased by angry memorial visitors during a ceremony for victims of the 1995 Srebrenica massacre in Bosnia. World dignitaries and thousands of others gathered in Bosnia-Herzegovina to remember the victims. Outrage erupted at the solemn event attended by thousands as Serbian Prime Minister Aleksandar Vucic walked to the Srebrenica […]

Serena Williams Gets Sixth Wimbledon Win

Serena Williams

Serena Williams has defeated Garbine Muguruza to clinch the sixth Wimbledon win of her career. The hugely entertaining 123-minute match ended 6-4, 6-4. After her women’s singles final victory, Williams held the winner’s trophy, the Venus Rosewater Dish, high overhead as she beamed at her cheering fans. As Williams clasped her hands to a face […]

Charleston Shooter Dylann Roof Should Have Been Denied Gun

Accused Charleston church gunman Dylann Roof should not have been able to purchase the gun he used in the shooting. A flaw in the federal background check system allowed Roof to buy the gun even though he previously admitted to drug possession. The Federal Bureau of Investigation cited mistakes by agents and a breakdown in […]