The Federal Housing Finance Agency seeks to have housing finance giants Fannie Mae and Freddie Mac to offer more support for American families with low income who are taking out mortgages and are refinancing their home loans.
Sectors
Unicorn status for $1.8B ZocDoc
ZocDoc Inc. is a New York digital health scheduling company that was founded in 2007. At that time, it offers a free-of-charge medical care research facility for users by combining information about medical practices and doctors' individual schedules in a central location.
Google's Life Sciences will now be a standalone company under Alphabet, after being Owned by Google X
Google's Life Sciences is now a standalone entity that will be a wholly owned subsidiary of Alphabet after being under Google X.
Drop in consumption, exports squeeze Japan’s export basket
The reduction in consumer spending and drop in exports are squeezing the world's third largest economy. During April-June quarter, exports from Japan eased putting further pressure on the Japanese economy, which slowed down at 1.6 percent annual growth rate as against the forecast of 1.9 percent.
Lettuce as a "Miracle" sugar substitute and other biotech startup projects
People nowadays watch what they eat due to the rise in the level of health problems particularly obesity and diabetes. They cut down their sugar intake and rely mostly on natural sweeteners.
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With sanction being waived off, Iran's underdeveloped oil and gas sector is now open to global investors. Six global powers- the US, the UK, Germany, Russia, France, and China- have agreed on a deal to lift sanctions on Iran with conditions.
People have a misconception about airline miles, believing that it needs unattainable points to redeem a free flight. This may be true for first class or business class flights, as well as long, international flights. But with British Airways Avios, 4,500 miles can already mean a 600 miles-or-under flight.
Lowe's Companies Inc reports this year's second quarter net earnings at $1.13 billion, an eight percent increase from last year's $1.04 billion.
The world's second largest economy China has to wait for one more year to make its currency 'Yuan' a part of International Monetary Fund's (IMF) currency basket. Dashing the dragon country's hopes, IMF's board favored a decision to keep renminbi as it is until 30 September 2016 year.
FarmLogs CEO Jesse Vollmar has come up with a monitoring solution that would utilize significant data to improve production of crops through cloud computing.
The first tranche of the bailout package for Greece has been released. The European Stability Mechanism board approved the release of €26 billion ($29 billion) Wednesday after assemblies of creditor nations, including Germany, endorsed the package.
Twitter now wants to forge more content partnerships in the regions of the Asia Pacific and the Middle East. As part of the company's efforts to manage such a feat, the social media giant has tapped their own Singapore-based executive Rishi Jaitly to lead teams to be spread out all across the different sections of the regions, according to Reuters.
Intel Health executive Eric Dishman has to fight his Kidney Cancer for 23 years before it was treated. Now, Intel launched a network that would make cancer treatment plans in just 1 day by 2020.
H&M, considered the world's second largest retailer of fashion items, reports a sales rise of 16% for the month of July. According to the report, it is already their tenth consecutive month of enjoying sales rise of at least 10 percent. H&M in its press release said that it will release its updated third quarter report on September 15 of this year.
