North America

JC Penney faces uphill climb

JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate. The decision by JC Penney Co to strengthen its cash reserves by the issuance of new USD1 billion in new shares resulted in a decline in its stocks by more than 13% last Friday.


More than half of Brits make emergency DIY repairs of smartphones, tablets- gadget insurer

Research from gadget insurer Protect Your Bubble revealed that over half of smartphone and tablet users in Britain performed emergency repairs of their unit.

Doctor says Apple's iOS 7 makes users carsick

A doctor has confirmed that the iOS 7 could make some users feel nauseous. A doctor confirmed that the iOS 7 that powers Apple's iPhones and iPads could make people carsick.

CFTC reminds investors of intent of Dodd-Frank Act

The CFTC warned that all buyers must be allowed to participate and operations need to be transparent as required by the Dodd-Frank Act.


Latest News

According to two sources who told a breaking news blog, Apple Inc would be making the iPhone 5S store pickup option available as early as Monday next week.
General Motors newly issued unsecured bonds were offered to the market and was lauded as preparatory for the return to investment grade status.
Arkansas is the first of many states in the US that would receive funds for Medicaid expansion under Obamacare.
OCC would register in Europe in order help companies seeking to trade in equity derivatives based in Europe.
In a company-wide employee meeting Thursday, Microsoft Chief Executive Officer Steve Ballmer made his final farewell with songs, dances and quips against the company's rivals.
Leaked photos in the Internet showed that Apple Inc may release its much-awaited iPad Mini 2 in gold, space grey and silver equipped with its latest fingerprint technology.
Recon Instruments received funding from US venture capital firm Intel Capital. Vancouver, Canada-based Recon Instruments announced that it has received a significant investment from US venture capital company Intel Capital.
Liftopia scored USD 5 million in its recent Series D funding round. Online ski marketplace Liftopia received USD 5 million in Series D funding. Industry Ventures led the most recent funding round.
Piada Italian Street Food announced that a significant investment was made to the company by Catterton Partners.
A Bloomberg report said China's richest man Wang Jianlin may be acquiring luxury brands such as the Four Seasons hotel chain in his quest to expand his company Dalian Wanda Group to the US.