Federal Reserve must dissolve bond-buying program quickly, according to Richmond Fed leader Jeffrey Lacker.
Regions
Intel to offer holograms, bio-sensors for shopping
Intel planned to offer holograms and bio-sensors for shopping. Holograms and bio-sensors were possible to become the reality of next-decade personalized shopping, according to Brian David Johnson of Intel.
Pinterest adds ‘Edit Your Home Feed’ for better personalized service
Pinterest added "Edit Your Home Feed" to offer users with better personalized service. Pinterest announced its support for Do Not Track, a mechanism that allowed users to opt-out of having websites and third parties collect their personal data and activity.
Zynga stock loses US$400 million value
Zynga's stock valuation lost US$400 million. After reporting negative earnings, investors quickly unloaded Zynga's shares and let it drop 15% in regular trading.
US mobile payment crosses 10%, Starbucks pushes the same on select stores
Starbucks pushed mobile payment on select stores as US mobile payment crossed the 10% mark. Mobile payments, as a percentage of in-store purchases in the US, crossed the 10% mark.
Latest News
The new Google Chromecast was expected to be the most important smart TV tech ever. The Google Chromecast offered users a relatively simple way to wirelessly stream content.
Senate, backed by President Barack Obama and Education Secretary Arne Duncan, approved the bipartisan deal that would reverse spike in student interest loans.
Chinese iron ore production and prices continue to rise despite the general decline in base metals trading.
Indian business conglomerate Lanco Infratech begins debt restructuring process.
Indian construction company Lanco Infratech Ltd has initiated restructuring debts amounting to INR 75 billion (US$1.
China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.
France takes legal steps to ban sales of new Mercedes models in line with ongoing dispute about harmful refrigerant.
Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.
Holding company JPMorgan Chase & Co. plans to quit the physical commodity business by selling physical trading assets Bear Stearns and RBS Sempra.
American smartphone maker Apple Inc fails to beat South Korean giant Samsung in the Chinese market. Tim Cook, Apple Inc's Chief Executive Officer, believes that the leading smartphone maker can crack into and dominate the Chinese mobile market.
