Staff Writer

Chipotle to improve burrito offers to lure customers

Chipotle is considering to improve certain food safety measures, which the company recently introduced after outbreaks of E.Coli pushed Chipotle's balance sheet into a gloomy condition. Chipotle recently changed its cooking methodology by precooking the beef outside its own restaurants.

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Ivanpah Solar Plant possible shutdown; The $2.2 bln power plant in Mojave performs lower than expected

Federally backed $2.2 billion solar plant in California may be forced to close. The solar plant failed to supply electricity to Pacific Gas and Electric Co as promised.

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3D Systems Stock Records Highest One Day Gain In Five Years Indicating Surge In 3D Printing Industry

3D Systems has disclosed its earning scenario which has off beat analysts’ predictions through several parameters. Following disclosure of the earnings report, prices of the printer manufacturer’s share have been witnessed to gain 26.3%, which is the highest single day gain during the last five years.

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Yen rise deflates value of Japan's exports to US

The strengthening of Yen is eroding the value of Japan's exports to the US. Its overall exports volume was flat, while the value declined over four percent owing to rising Yen.

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Apple’s Latest iPhone 6s Ad Presents Cookie Monster

It's Sesame Street's very own Cookie Monster that stars in the latest Apple iPhone 6s advertisement. It reiterates Siri's hands-free capabilities of getting commands. Siri was able to understand Cookie Monster's accent when he requested to set a timer for the cookies and play music while waiting for it to get done.

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New Zealand's GDP growth rate beats forecasts

New Zealand's economy growth rate was higher than the forecasts for last quarter of 2015. Led by business services, retail, accommodation and construction sectors, the country's gross domestic product (GDP) surpassed the forecasts made by Reuters and Reserve Bank. But, the overall growth eased to 2.3 percent in 2015 from 4.1 percent in 2014.

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Kingfisher Airlines, Grant Thornton India Under SFIO Probe Over 'Inflated Valuation'

Serious Fraud Investigation Office (SFIO) has been probing on Vijay Mallya's Kingfisher Airlines and Grant Thornton India regarding the 'inflated valuation' that reached over Rs 4,000 crore. The valuation came out just as the airline company is dealing with a cash crunch with previous loans considered to be non-performing assets.

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MasterCard Presents Arnold Palmer Invitational Golf Tournament, Showcases Payment Through Virtual and Augmented Reality

It will be a different experience for consumers and golf fans alike as they take part in the Arnold Palmer Invitational PGA Tour event. MasterCard has teamed up with Wearality that develops VR glasses and other wearables and with Callaway Golf Company to enable people to engross themselves in the virtual and augmented reality.

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Paul Taubman earns $75.5 mln as annual award disclosed first time

Former Morgan Stanley banker Paul J. Taubman has received $75.5 million compensation in his first year as Chief Executive Officer at PJT Partners Inc. Taubman led the investment bank as a publicly traded company.

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Instagram Will Start Reordering Feeds Based on Likelihood Algorithms Instead of Posting Time

Instagram announced its decision to apply algorithms to reorder feeds, showing posts based on likelihood instead of time. Instagram is the latest among other social media giants to embrace such change.

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Oracle Q3 profit falls as robust US dollar offset growth in cloud business

Oracle's third quarter profit declined as strong growth in cloud business was offset by the robust US dollar. Revenues from cloud business increased 40% to $735 million during the third quarter.

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Bangladesh Bank Governor Resigns Over Biggest Ever Cyber Heist Scandal

The Bangladesh Bank Governor has tendered his resignation to the country’s prime minister following cyber theft of $81 million. He claims to remain in dark till the news got published in the media. The theft incident has turned an end to his seven years’ tenure as the central bank governor which has been dedicated to alleviation of poverty.

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Pittsburgh is Emerging as a Food and Lifestyle Destination, Drawing Youths to Pursue Personal Projects in The City

Pittsburgh’s culinary sector is growing fast as the city host more and more projects in the past few years. Cheap rent is believed to have drawn a lot of people, especially youth, to pursue their project in the city.

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Chipotle expects to report loss in Q1

Chipotle said that it expects to report a loss of $1 per share in the first quarter. The company expects to incur additional costs with respect to marketing and food safety measures.

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Crate Technology Raised $4 Million Seed Fund to Develop Next Generation SQL

The winner of 2014 TechCrunch Disrupt Europe startup Battlefield announced its seed funding round. Crate announced the funding on Tuesday.

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