Money Times

Victoria's Secret lingerie maker Regina Miracle soared 71 percent giving $1.1B fortune to owner

Victoria's Secret owner became a billionaire as his company soared 71 percent after its initial public offering in the Hong Kong exchange in October.

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Vintage Electric comes out with its more efficient and powerful e-bike, the 2016 Tracker

Vintage Electric just released an update to their old E-Tracker e-bike, giving some powerful upgrades to the battery and motor as well as some updates to their 1990's style design.

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New York program to teach English by means of phone calls and text messages

New York state is offering a unique pilot English language learning program that works through phone calls and text messages. Candelaria Lopez a Mexican immigrant, living in the United States for 20 years, was pretty much only comfortable saying “Hi”. It was hard for her to find the energy to sit through a 3-hour session after her long days as a farmworker in a New York’s Hudson Valley region.

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Coca-Cola ad in Mexico attacked for insensitivity to indigenous rights and health

A new Coca-Cola ad in Mexico has been taken down due to massive criticism that its depicts local indigenous groups poorly while also encouraging poor health.

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7-Elevens in Asia: the HQ of Snacks and Unique Services

Though usually considered only when convenient for consumers in the US, the 7-Eleven franchise in Asia has become a different company, selling varieties of snacks and services to its varied customers across Asia.

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Most restaurants are not familiar with the protection Food Donation Act gives

There is a big chunk of food supply that ends up in landfills every year. Instead of donating to nonprofit organizations, a lot of restaurant owners give their leftovers to their staff or throw them away. They are under the wrong assumption that precooked food can't be donate for possible liabilities. Little do they know that there is an law called the Emerson Good Samaritan Food Donation Act that protects them when they donate food.

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Are smartphones the new killing machine? Road accidents caused by not-so-smart phone users

The US National Highway Traffic Safety Administration (NHTSA) announced that deadly traffic accidents in the US increased 8.1% over the first six months of this year. The road regulator suggested smartphones and other driving distraction to be the largest cause of traffic fatalities.

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The Kronos: The world's first 'T' rated technical wooden ice climbing tool

Ice climbing is a risk-taking sport, which involves patience, strength, motivation and obviously, a tool to climb ice covered mountains. The equipment needs careful manufacturing and has to be light, stiff, flexible enough for shock absorption, and cheap enough for dirt bag climbers.

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Turing Pharmaceuticals Won't Cut Price of Daraprim

Turing Pharmaceuticals said that it won't cut the list price of the drug. However, it will negotiate discount price with hospital. Last September, Turing Pharmaceuticals raised the price of live-saving drugs, Daraprim by more than fifty times.

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U.S Government Is Putting Huge Effort To Pace Up With The Surging Demand Of Weapons

In order to ensure faster processing of foreign arms sales in the US, the government is putting immense effort. In the financial year 2015, the foreign arms sales heaved 36% to 46.6 billion. Besides, as per pentagon official's view, the sudden surge expected to remain strong in the coming years.

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5 charged in $580M medical kickback scheme

Five people have been charged with kickback scheme related to billing that costs the government and insurance companies to the tune of $580 million. Doctors and others benefited from this scam by referring patients to two Southern California hospitals.

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Blue Origin's rocket returns safely after space flight; Jeff Bezos sees suborbital flights by 2017

Amazon.com founder Jeff Bezos-owned space company, Blue Origin, has surpassed a significant milestone as its rocket ship returned and landed safely after travelling in outer space.

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Google features 'Star Wars' themes, making users choose to join "Dark side," "Light Side" N

Google hopped in to the Star Wars fever by feature themes from the upcoming Disney movies on all its sites, allowing people to choose to either be in the "Dark side" or the "Light Side."

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Li-Fi, a wireless technology that is 100 times faster than Wi-Fi

Li-Fi, a superfast wireless technology, has been proven to be able to transmit data about 100 times faster than current Wi-Fi technology in its first real world test. An Estonian startup Vermenni revealed that it has begun trialling Li-Fi within offices and industrial environments in Tallin and found that the technology is able to send data at up to 1 GB per second.

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FAA Task Force to create free three step Drone Registration process

The Federal Aviation Administration's drone registration task force will develop a simple and free national drone registration system. A government task force will create a three-step registration process, according to a report by ARS Technica.

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