america

US Credit Card Debt Soars to a New Record High of $1.13 Trillion

US Credit Card Debt Soars to a New Record High of $1.13 Trillion

Credit card balances in the US reached a new record high of $1.13 trillion, according to data released by the Federal Reserve Bank of New York.

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‘Now We Are Feeling What Not Having Hope Feels Like’ – Michelle Obama On Trump Presidency

First Lady Michelle Obama reflected on the past eight years of being in the White House in an interview with Oprah Winfrey that will air on Monday. She also shared her views of America as her husband is set to step down soon.

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2016 Bank of America Chicago Marathon Commences; Chumba, Kiplagat Aims to Defend Titles

Men and Women came to join again the said marathon to defend their titles and to be the best of the best.

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Smaller airlines upbeat on Virgin America acquisition

Virgin America, Billionaire Richard Branson's small carrier, is on the block and this is attracting other smaller airlines to bid for it. Airlines in the US are making more profits owing to cheaper oil prices. Acquisition route is ideal for smaller airlines to expand further.

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Growth rate of new businesses slow; Women-owned firms increasing - census

The growth rate of new businesses in the U.S. is particularly slow, but the latest government data shows that the number of women-owned firms has increased quite significantly.

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White House hosts first-ever Demo Day for startups; KIND founder Daniel Lubetzky invested $3M on three startups owned by women

Daniel Lubetzky, Presidential Ambassador for Global Entrepreneurship and KIND CEO is investing $3M on three startups; EatPops, 479 Degrees, and GimMe Health Foods.

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A new Coalition of the Willing fights another war: unemployment

Some of the top American companies have joined hands to form the 100,000 Opportunities Initiative with a commitment to create economic opportunities for the youth of America. It aims to be the country's largest employer-led coalition with a goal to provide 100,000 young people with employment opportunities by the end of 2018.

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Iranian blues and jazz bands find fans in Tehran

Behzad Omrani grew up in Tehran, in a house ringing to the sounds of his father's record collection - mostly the twangs and twirls of American Country & Western.

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US language learning app Duolingo secures $20M in funding to penetrate Asian market

Pennsylvania, US-based language learning app Duolingo secured $20 million in a recent funding round led by Kleiner Perkins Caufield & Byers to conquer the Asian market and compete with other English-teaching services.

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Neiman Marcus confirms data breach compromised 1.1M payment cards in the US

Dallas, Texas-based luxury specialty department store Neiman Marcus confirmed that 1.1 million debit and credit cards could have been compromised during a malware attack from July 16 to October 30, 2013.

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Chinese glass firm Fuyao to invest $200M in GM's former plant in Ohio

China-based automotive glass supplier Fuyao Glass Industry Co will pour in a $200-million investment to build a manufacturing facility at the former assembly plant of General Motors (GM) in Ohio, US.

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UK tech firm Three Motion Media invests GBP150,000 to help SMEs

Newcastle-based tech firm Three Motion Media has invested GBP150,000 to set up a brand that will help small and medium enterprises (SMEs) in the healthcare sector gain access to high quality yet affordable training courses.

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Ansell to acquire BarrierSafe for USD615 million

Australia-based industrial glove maker Ansell Ltd agreed to purchase US-based hand protection product manufacturer BarrierSafe Solutions International for approximately USD615 million in a transaction subject to US antitrust clearance.

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Polls show many people still struggling after recession officially ends

According to two surveys conducted by Gallup Inc, Americans had been struggling to recover financially even after the US recession was finally announced to have officially ended.

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Is Amazon becoming a search engine for jobs in America?

Amazon seemed like it was becoming a search engine for jobs in America.

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