Economy

CEO of Oil Giant Total Killed in Runway Plane Crash in Moscow

The CEO of one of the six biggest oil companies in the world died in a runway plane crash in Moscow Monday.

Mango Becomes Second Spain Clothing Company in Recent Months to Recall Shirt After Accusations of Using Nazi Symbols

Mango, a Spain-based clothing company, is apologizing for a shirt that features designs that some say look like Nazi symbols.

Staples Data Breach Update: Office Supply Chain Announces 'Potential Issue' With Fraudulent Activity

Staples Inc. is in contact with law officials to investigate a possible data breach, the company spokesman announced on Tuesday.

Hispanic Companies Explain Appeal Behind Google's New .Soy Domain Meant to 'Cater' to Latino Market

As of Oct. 15, Google's new .soy domain, meant to appeal to the Hispanic community, became available to the public.

Stock Market News Update: Dow Jones Closes Higher on Apple Pay Announcement

Apple and CMG both deliver good numbers Stocks closed Monday mostly higher thanks to better news from Apple and Chipotle than expected. The Dow Jones Industrial Average closed up 19.

Apple Pay iOS 8.1 Support: iPhone 6 Users Can Now Use Apple Pay

Apple Pay goes live Apple took their time to release the iOS 8. 1 software update. While the iOS 8. 1 may include bug fixes and other improvements, the improvement that most people longed for was the Apple Pay support.

Facebook, Apple and Oocyte Cryopreservation: Egg-Freezing Programs Designed to Attract Women Employees

The costly procedure allows women to delay having children. Apple is following in Facebook's footsteps by introducing their own fertility program next year, in addition to extending their maternity leave.

Barack Obama Executive Order Signed to Protect Consumer Credit, Transactions and Identity Theft Victims

While most Americans anticipate President Barack Obama to announce an executive order for immigration reform, he instead announced action to address government credit card security.

Federal Reserve Chair Janet Yellen Is Paid Less Than Fellow Staffers, Addresses 'Widening' Income and Wealth Inequality

Federal Reserve Chairperson Janet Yellen's salary is less than 113 staffers within the same agency she administers. Details on her pay coincidentally comes as she addressed income inequality.

Spanish Text Banking Offered to Spanish-Speaking Customers, Helping Hispanic Small Business Owners Toward the Future of Banking

Wells Fargo has announced a new offer to help meet the needs of Hispanic consumers and small business owners, and accommodate the fast-growing demand for mobile services that help owners stay on top of their business when they are away from computers and offices.

'Apple Pay' Payment Service App: Who Will Accept it? How Will it Work?

Apple introduces Apple Pay Apple Pay will begin working at select stores starting Monday, according to Apple chief executive Tim Cook. Cook mentioned that there are hundreds of retail and banking locations that will accept the payment service.

US Housing Market Growing as Overall Economy Improves

Groundbreaking and building permits both jumped in September Contractors are getting more building permits and breaking ground on more homes as the U. S.

Apple iPad News & Updates: iPad Air 2 and iPad Mini 3 Available for Preorder

Latest iPads will begin shipping next week Apple's announcement of the new iPad Air 3 and iPad Mini 3 on Thursday drew less fanfare than is typical for an address from the company, especially considering the hype generated by iPhone 6 and iOS 8 last month.

Tesla Model X Release Date Delayed, Says Analyst

A Morgan Stanley analysts argues that Tesla's Model X will be released a quarter later than anticipated but it will not be a bad thing for the company or consumers.

Dow Jones Stock Market Update: Stocks Down Slightly Marking 6th Day of Losses in a Row

Dow all the way down to 16,117 For the sixth day in a row, the Dow Jones Industrial Average is down. This is the longest losing streak for the Dow since August 2013.

New iMac Retina Display is 67 Percent More Sharp Than Last Model

New iMacs will come with a 5K screen Get ready for a big-screened desktop with vibrant colors. Thanks to Apple's refresh of the iMac desktop, customers are going to get a very sharp picture and a big 27-inch screen.

US Budget Deficit: 2014 Fiscal Year Deficit Hits Lowest Level Since 2008

The budget results of the 2014 fiscal year showed "significant and continued progress" in reducing the country's deficit to pre-Great Recession levels.

Warner Bros. Announce Upcoming DC, Lego and Harry Potter Films

CEO of film studio Warner Bros. Kevin Tsuijihara has announced their teeming-full schedule of sequels and series for the next several years.

Google Nexus 6 Announced Alongside Android L, Specs Impress

Google announced the highly anticipated next-generation smartphone in its popular Nexus series Wednesday, the Motorola-manufactured Nexus 6, alongside the official name of the next version of its Android mobile operating system.

Netflix Stock Plummets After Poor Earnings and Subscriber Figures

Although earnings numbers from Netflix were in line with what analysts projected, subscriber growth to the online-streaming movie service were well below projections.
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