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Justice Dep't To File Criminal Charges Against Lumber Liquidators

Lumber Liquidators wins the California lawsuit

Lumber Liquidators won a civil case, which had alleged the company for violating a state law in California that urges companies to report warnings regarding the possible harmful substances in their products.

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LAKEVIEW, CA DECEMBER 19, 2014: 8,000 brown Leghorn and white Leghorn chickens roam about a cage-free aviary system barn

Wal-Mart to Sell 100% Cage-Free Eggs By 2025

Wal-Mart pledged not to sell eggs from caged hens by the year 2015. It supports the advocacy of the well treatment of the fowls assuring it has enough food and space to roam around and free from mental distress that result in more egg production.

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Views Of Largest U.S. Oil Hub As Stockpile Growth Slows

US oil prices up 5% on surprise drop in crude stocks

US oil prices gained 5.18 percent owing to an unexpected drop in domestic crude stockpiles. US crude stocks eased by 4.9 million barrels last week as imported declined.

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Apple And Samsung Agree To End Legal Disputes Outside The US

Samsung Taking Over India’s Smartphone Market With New Features, Outpacing Apple

Samsung is establishing itself as India’s number one smartphone manufacturer. The company credits strong sales for its new series of mid-tier products with new special features.

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Amazon and Microsoft Discussing Investment in HERE Map Service

Daimler Confirmed that Microsoft and Amazon May Involve in HERE Digital Mapping Service

HERE was a Nokia map service purchased by German car makers consortium last year. This Wednesday, Daimler confirmed Microsoft and Amazon is in talks with the consortium.

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 Inside The 2016 Consumer Electronics Show

Nvidia Unveils First Supercomputer DGX-1 Using A Mixed Blend of AI and Deep Learning Technology

Nvidia has unveiled its first supercomputer, DGX-1, which uses both alternative intelligence and deep learning technology. The supercomputer, costing around $129,000, by no mean suggests that newer technologies will become cheaper. However, the new GPU has been welcomed by the researchers and potential users considering its widespread prospect.

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Halliburton to Buy Baker Hughes for $34.6 Billion

Halliburton Acquisition of Baker Hughes Faces a Legal Obstacle

United States Justice Department has prepared a lawsuit to block acquisition of Baker Hughes. Halliburton took over the company in November 2014.

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Intel Reports Quarterly Earnings

Intel Acquires Yogitech to Strenghen Its Internet of Things Group

Intel announced the acquisition of Italian semiconductor company on April 5. Yogitech will enhance Intel's Advanced Driver Assistance Systems (ADAS) technology.

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nuTonomy

A Singapore Startup is Preparing for The World’s First Fully Autonomous Taxis

The world’s first fully autonomous taxis might be hitting the streets of Singapore earlier than other cities. An MIT-supported startup is dedicated to develop a technology to achieve that, and is now seeking for approval for pilot program.

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The logo and signage of Royal Bank of Canada. The logo is an...

Canada’s RBC Denied Facilitating Tax Evasion in Connection to Panama Papers Leak

The Royal Bank of Canada has released an official statement, explaining that the bank is not guilty for any illegal activities including tax evasion in connection to shell company set up as mentioned in leaked papers from Panama’s Mossack Fonseca. The bank claimed to have high standards to ensure clients would not use its services to evade tax.

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Telsa Motors Opens New 'Supercharger' Station In Fremont, California

French Government Offers a Site for Tesla to Build Its European Factory

French government offered an old nuclear plant site for Tesla to build its electric car manufacturing facility. The plant site is shutting down and Tesla’s existence could help support local residents with jobs.

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Iceland's Prime Minister Under Pressure To Resign After 'Panama Papers' Detail Offshore Holdings

Draft of EU Anti-Tax Evasion Law is Under Pressure after Panama Leaks

Advocacy groups heavily criticized the draft as it allows company to hide their activities. Meanwhile, Iceland Prime Minister has resigned following protest over Panama leaks.

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CHINA-ZHEJIANG-ALIBABA-REAL TIME GMV (CN)

Alibaba Beats Wal-mart As The World's Biggest Retail Company

Alibaba is now the new world's largest retail company beating Wal-Mart. Figures might not show it yet but with the company's SEC filing it is measured by Gross Merchandise Volume where Alibaba exceeded Wal-Mart's reported 2015 revenue for its fiscal year ending January 31st.

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Yahoo Said to Propose Job Cuts as Part of Mayer's Revival Plan

15% drop in Yahoo revenues predicted for 2016

Yahoo Inc’s revenues may drop by 15 percent for 2016 year, while earnings are also predicted to tumble 20 percent. The global internet company is expected to slash jobs by 1,500 to 9,000 in 2016.

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AUSTRALIA-CLIMATE-WARMING-UN-COP21-COAL

Carmichael Coal Mine's Proposed $21.7 Billion Project Could Bring Destruction to The Great Barrier Reef

The Carmichael coal mine run by the Indian company Adani, has been granted three licenses to mine in the heart of Queensland. Due to the devastation that it could bring to the Great Barrier Reef, many environmentalists criticized the government's approval to the coal mine project.

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