Economy

How Latin America Became a Significant Market for Scotch Whisky

Latin America is a vast and developing market. That’s why the Scotch Whisky Association (SWA) and the Canning House, a top U.K. forum on Latin American politics, economics and business, believed that the growth of Scotch showed what other European businesses can achieve in the region.

Why Facebook's Quest to End Poverty is Getting Backlash

Mark Zuckerberg's idea that Internet access can lift poor people out of poverty has been receiving backlash.

LGBT Website Mr. Hudson Focusing on Travel Destinations for Gay Men Launched

An LGBT website for gay men looking to explore beautiful places in the world was launched last Feb. 16, 2016, per a press release via the Digital Journal. The site is called Mr. Hudson and it offers a variety of guides for selected destinations for gay couples or solo gay adventurers.

United Airlines Mechanics Union Looking to Strike After Rejecting Final Contract Offer

The International Brotherhood of Teamsters that represents maintenance workers including mechanics rejected United Airlines final contract offer, per a Reuters report. Teamsters and United have been discussing a new joint deal for a year and have not reached a new contract for its maintenance staff since 2010 when United merged with Continental Airlines.

United Airlines Submitting Application to Operate Flights Between US and Cuba

United Airlines celebrated the historic signing between the U.S. and Cuba that allows commercial flights for the first time since the 1959 revolution, per an official press release. The Chicago-based company is one of many major airlines who will submit an application to the Department of Transportation to start operating U.S.-Cuba flights.

Samsung's Rolling Out Android 6.0 Marshmallow to Galaxy S6, Touting New Features for S6 Edge

Samsung started its rollout of the latest Google Android operating system, Android M or Android 6.0 Marshmallow, on Monday Feb. 15. Only Samsung Galaxy S6 and Galaxy S6 Edge devices are slated for the current update, and Samsung is touting new functionality upgrades to its Edge software included with the Android M update.

Where Millennials Will and Should Invest in 2016

Many millennials are cautious about making investments in stocks, and many distrust Wall Street all together. Those who are investing are putting their money into companies and industries they care about or are interested in.

Startup DoorDash No Longer a 'Unicorn' With Latest Funding Round and Sub-Billion Valuation

Many have seen a shakeup coming this year to Silicon Valley's so-called "Unicorn" startups, those private startup companies like Uber and AirBnb that have a billion dollar valuation or greater. DoorDash Inc., a food-delivery startup that was seeking a $1 billion valuation when it began fundraising last fall, is reportedly now out of unicorn club as it finishes its investment round valued below that symbolic level -- and it may be the first of many.

Millennials Not Confident in Future of the US

Millennials may have different opinions on political and social issues than older generations, but one thing they have in common with their parents and grandparents is their outlook on the future of the United States. Millennials are concerned about the country's future, just like Generation Xers and Baby Boomers were when they were young.

Digital Divide: 'Under-Connected' the New Challenge for Low-Income Latino Families - Study

A new study from the Joan Ganz Cooney center, an independence research lab that focuses on modern challenges to children's education, has revealed that of all low-income families, Latino immigrant families are more likely to be under-connected or not connected to the Internet at all. More broadly, the problem of being under-connected still faces many families on the other side of the digital divide.

Apple: Why Diversity in Senior Leadership Matters - Op-Ed by Tony Maldonado, Shareholder

Why the company needs to "Think Different." "Think Different. " That's how Apple once famously challenged the world through a bold advertising campaign for its computers.

340 Brazilian Companies Fined for Engaging in Forced Labor; Anti-Slavery Group Releases 'Dirty List'

Hundreds of Brazilian companies were recently slapped with fines for employment methods equivalent to modern day slave labor. The blacklist was initiated in November 2003, which showed hundreds of individuals and companies who were forcing people to work under unideal conditions.

United States Approves First Factory in Cuba Since 1959 Revolution

The Department of Treasury has approved the first United States factory in Cuba since the 1959 revolution, per the Associated Press. The Alabama-based company led by Chief Executive Officer Horace Clemmons and co-founder Saul Berenthal will start the production of small tractors by 2017.

United Airlines Face Tough Competition in Asia Pacific With Qantas, Singapore Airlines

United Airlines is facing tough competition in Asia and the Pacific against two big airline carriers from the region, Qantas Airlines and Singapore Airlines. According to the Sydney Morning Herald, United is meeting their expectations in spite of Qantas Airlines' newly-formed alliance with American Airlines.

Millennials More Careful with Credit Cards, Debt

Millennials and young adults are careful with debt and credit cards, and some avoid credit cards completely. Many of these individuals believe being financially successful means being debt-free.

Xbox One Promises New Game Exclusives Following 'Quantum Break' Backlash

After fans expressed their distaste on Xbox One Phil Spencer's reply on the "Quantum Break" issue, Microsoft promises new game exclusives for the Xbox One console.

Top 10 Power Couples on Wall Street

When we hear or read the words, “power couple,” we often associate them to the rich and famous Hollywood stars. But did you know there are several hot power couples in the world of finance?

Latin American Farmers to Save the World From Looming Global Chocolate Shortage?

Chocolate is perhaps the world’s most delectable treat. Unfortunately, the global supplies of chocolate are becoming increasingly scarce.

Social Media Sunday: Facebook Kicked Out of India, Twitter's Downward Spiral, & Snapchat's New (Old) Partner

This week in social media was altogether pretty terrible for the two most significant networks: Facebook and Twitter. Facebook got kicked out of India and Twitter's growth has flatlined, sparking worries is might actually die. But with a potential big partnership with an influential old media company, Snapchat, meanwhile, is doing fine.

Top Tax Tips for Self-Employed Workers

Self-employed workers have difficulty filing their taxes every year. These workers need to pay taxes on their income in addition to self-employment taxes. But there are many deductions that can help them reduce their tax burdens.
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