"Apple picking", fastest growing street crime in the world

Phone snatching reports have increased in major cities such as London, San Francisco and New York. Increased incidents of phone snatching and thievery in key cities of London, New York and San Francisco prompted the cities' officials to pressure Apple to create a "kill switch".


Brazil's richest loses more than US$30 billion, worth down 74%

Batista's worth went down 74% after losing more than US$30 billion. The richest man in Brazil, Eike Batista, saw his worth go down 74% this year.

Legal proceedings start vs. Boeing over crashed Asiana Airlines

Passengers of Asiana Airlines that crashed while landing on July 6 in San Francisco have filed a petition against Boeing Co.

Apple acquires HopStop.com

Apple bought HopStop.com today. HopStop. com, an upstart application, was bought by tech giant Apple today. A spokesperson from Apple confirmed the acquisition, according to Tech Crunch's Anthony Ha.


Latest News

The Conjuring is set to earn almost US$30 million after a successful first week of showing in the theaters.
Financial firms' physical commodity trading may come to an halt as the Fed reconsiders its policy on this.
European government bonds advanced after Fed Chairman subdued issues concerning the US stimulus. Government bonds in Europe rose after US Federal Reserve Chairman Ben S.
Swedbank's rating outlook was raised to stable by S&P. Standard & Poor's Ratings Services (S&P) raised the credit rating outlook of Swedbank AB to stable.
Hutchison Whampoa Limited conducts strategic review for the ParknShop sale. Hutchison Whampoa Limited announced that they are in the midst of conducting a strategic review on the possible sale of its Hong Kong supermarket chain ParknShop.
Premier developer and operator of themed resorts gets US $140 million after a new round of securitization.
Microsoft stocks dropped 11%, the biggest since 2009. Microsoft Corp shares took their biggest plunge in more than 4 years by dropping at an astounding 11%.
Participants of the G20 summit held recently in Moscow expressed concerns regarding US Fed, China, and Japan.
Grohe announced that they received 4 more bids from rival companies Four additional bidders submitted their intent to offers for Grohe, Europe's lagest bathroom equipment maker.
Citigroup Global Markets was picked by bankrupt Jefferson County to handle its bond refinancing. Lawmakers from the bankrupt Jefferson County, Alabama, picked Citigroup Global Markets, part of Citigroup Inc.