Aeropostale to slash headcount; reaffirms Q4 outlook

The New York based teen retailer plans to eliminate its corporate headcount as its sales fall. The company also reaffirmed its outlook for the fourth quarter.


High employment rate propels German GDP

Record high employment rate and domestic spending propelled German GDP rate by 1.7 percent in 2015, according to the German authorities' calculation.

China's search engine Baidu is to be punished for pornography and commercialization

The company is accused of commercialization in the form of selling its forum's management and altering search results to show paying-websites. Last year, Baidu also faced punishment over pornography and violations of publishing regulations.

Itochu Partners with Kyudenko to Build 21 MW Solar Power Station in Japan’s Saga Prefecture

21MW Solar Power Station will be built in Saga Prefecture by two leading Japanese company. Solar power becoming an important national project since the country’s shift in policies after Fukushima in 2011 to solar energy


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Nevada governor Brian Sandoval get pressured after a group of 18 venture capital investors reverse new fees on solar homes that state utility regulator made effective on Jan 1. The regulation will give direct impact to development of solar energy and threaten future investment, the investor, and also the job cuts in the state.
It is possible that 2015 was simply fated to be the Year of Hoverboard. The devices were making news this year but then, they started going viral for another reason. They were highly risk for catching fire.
Both the game consoles made more money than any of their predecessors in 2015. PlayStation 4 came out as the winner with more sales than Xbox One in the year's total.
Stress at work sometimes cannot be avoided. However, certain jobs have lower stress levels, including Information Security Analyst, Diagnostic Medical Sonographer, University Professor, and Hair Stylist.
The project could start as soon as this year and is estimated to be completed in 2022. The transportation project would established Central America's first monorail.
In the face of declining home prices, as evident from the last quarter, the chairman of Hang Lung Group, Hong Kong's leading developer, expressed that the city property market is now more robust than it has ever been in the last 25 years.
Nissan provides two years of free charging for owners of its electric vehicle Leaf through the “No Charge to Charge” program. That program is now available in 26 states in the US.
The digital consulting market is a fast growing industry, and Forbes has given guidelines on determining when to hire a digital consultant.
Chairman of China Securities Regulatory Commission (CSRC) was reported to offer his resignation. Xiao Gang handed his resignation last week following a failure in executing circuit breaker system in China stock markets.
Both Wells Fargo and Citigroup have been badly hit with the historic low oil price. The Walls Street banks have heavy investment in energy portfolio and the industry is passing through a nightmare since 2008. Both the banks have been forced to keep provision against the default power investments. But real estate portfolio has helped Stagecoach to leave behind the umbrella with its greater contributions predicted earlier.