In an unprecedented move, the stock price of world's most diversified business conglomerate fell 21 percent on the Wall Street. The shares of General Electric (GE) suffered biggest loss ever since the Black Monday in 1987 eroding the company's value by a whopping $53 billion.

The latest rankings on most expensive states in the US reveal that New York is no more the most expensive place in America. The Aloha State (Hawaii became Aloha State officially by 1959 Legislative Act) moved up to the top position in the list of most expensive state in the US for first quarter of 2015 from second most expensive state status in 2014.

Apple's stock rose sharply Monday after chief executive Tim Cook sent a rare e-mail to a news commentator, saying sales in China had been strong.

FAA reported that there had been almost 700 close encounters between drones and planes. Drones have no permissions to soar the sky of more than 400 feet off the ground or within the five miles of any airport, but on the day of August 15, drones messed with air traffic in the Unites States, dozens of them.

Many home health workers and other direct care workers will have the best day of their lives because they are going to have a raise. What drives this wage increase include union assertive campaigns, bountiful state minimum wage laws, an authoritative court decision on Friday and most significant is demand growth for paid home care by consumers.

One can cite several reasons for the ongoing crash of equity values across the global markets. The major reason that no one can afford to avoid is Chinese factor. The slowdown in the world's second-largest economy, China's latest devaluation of its currency Yuan, drop in manufacturing output, mining companies reporting worst performance, etc, all these developments are impacting the global markets in fact all the countries including developed and emerging economies as well.

Charlize Theron is reportedly weeping after calling off engagement with Sean Penn. It's been months since Charlize Theron and Sean Penn cancelled off their engagement.

Emily Blunt and John Krasinski dished on their special relationship depsite their marriage for five years.

Wiz Khalifa gave 12 tips in smoking weed in an interview with ESquire amagazine. Wiz Khalifa is known for his successful career. Recently, he has not left the tabloids and has been in the headlines week after week.

Kate Upton is going strong with boyfriend baseball player Justin Verlander despite split rumors. It's all in the news that Kate Upton and her boyfriend Detroit Tiger pitcher, Justin Verlander, are on the verge of splitting or have broken up already.