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Finance

On a year-on-year basis, the manufacturing sector expanded by 10.2 percent, whereas mining's output inched-up by 1.1 percent and the sub-index of electricity generation increased by 3.9 percent. "Once spring comes around. the big declines in components like wireless telephone services will drop out of the annual calculation and the core inflation rate will rebound well above 2 percent", Ashworth said.
  • Months After Failed Bid, ISRO Launches 100th Satellite: 10 Facts

    Months After Failed Bid, ISRO Launches 100th Satellite: 10 Facts

    Finance

    The co-passenger satellites comprise of one Microsatellite and one Nanosatellite from India as well as 3 Microsatellites and 25 Nanosatellites from six countries, namely, Canada, Finland, France, Republic of Korea, UK, and the USA. The Cartosat series of satellites, which are indigenous to India, feature panchromatic, multi-spectral cameras operating in Time Delay Integration mode.
  • Malaysia To Resume Search For Flight MH 370

    Malaysia To Resume Search For Flight MH 370

    Finance

    Ocean Infinity's vessel, Seabed Constructor, is already on its way to the search area in the southern Indian Ocean, with the deep-sea exploration scheduled to begin on January 17. "We would like to say we are 80 percent confident but we don't want to put a percentage on our chances", Plunkett said. "As we speak, the vessel, Seabed Constructor, is now on her way to the search area, taking advantage of the favourable weather condition in the South Indian Ocean", said Lai, according to an ...
  • Researchers uncover major security flaws affecting most devices

    Researchers uncover major security flaws affecting most devices

    Finance

    But it is even more pervasive, affecting Intel chips, microprocessors from the longtime Intel rival AMD and the many chips that use designs from the British company ARM. Apple is therefore advising its customers to only download software from trusted sources such as the App Store. And although security patches exist for devices running Linux, Windows and Apple's OS X, the researchers said, the fix may slow down their performance by as much as 30 percent, according to some estimates.
  • Some Sam's Club stores abruptly close nationwide

    Some Sam's Club stores abruptly close nationwide

    Finance

    The Sam's Club closings were announced on the same day Wal-Mart said it was boosting the pay for its US workers and issuing bonuses to current employees. Besides that, according to Business Insider , all of the stores slated for closure were scrubbed from the Sam's Club website this morning. According to Sam's Club , customers who purchased the store's membership cards required to shop there will be refunded for that fee.
  • Ikea causes stir by asking customers to pee on their new ad

    Ikea causes stir by asking customers to pee on their new ad

    Finance

    Swedish agency Akestam Holst has come up with the unusual ad, which uses a technology similar to that in pregnancy test kits . Would-be mums will then be invited to have a splash in the hope of paying less cash! Ikea is known for an innovative approach to advertising, but its first new campaign for 2018 has grossed out some users on social media.
  • Circuit City to relaunch online next month, with stores on the horizon

    Circuit City to relaunch online next month, with stores on the horizon

    Finance

    Circuit City has't had a brick-and-mortar store since 2009. During its heyday in the 1980s and 1990s, Circuit City was the second-largest USA electronics retailer after Best Buy. Circuit City is also partnering with IBM Watson commerce, which incorporates artificial intelligence "and other new retail technologies". According to CNBC, the retailer that closed all of its stores in 2009 has picked February 15 as the day it will relaunch its website.
  • Moneygram International Inc (MGI) Stock Up on Ripple Deal

    Moneygram International Inc (MGI) Stock Up on Ripple Deal

    Finance

    A cryptocurrency which has captured the attention of millions of traders worldwide, Ripple has had quite a time in the last few weeks. Shares in MoneyGram gained on Thursday on news that the old-school money transfer player has teamed up with Ripple to pilot the blockchain startup's XRP digital currency in its payments flows.
  • Malware charged for 13-year spying spree

    Malware charged for 13-year spying spree

    Finance

    Creepers gonna creep and Phillip Durachinsk, and OH man, was doing just that and getting away with it for 13 years using his own Fruitfly malware. Fruitfly , which we first heard about in January 2017, consists of just two files created to open a backdoor into the Macs it infects, letting it receive instructions from the hacker's computer.
  • Walmart Raising Its Minimum Wage, Will Assist Employees With Adoption Expenses

    Walmart Raising Its Minimum Wage, Will Assist Employees With Adoption Expenses

    Finance

    The company is also creating a new benefit to assist employees with adoption expenses. The combined wage and benefit increases will impact well over one million Walmart employees. The bonuses will pay a larger amount the longer an employee has been working at the company, the statement said. The new law cuts the corporate tax rate to 21%, down from 35% .
  • Warner, Warren for Holding Credit Reporting Agencies Accountable

    Warner, Warren for Holding Credit Reporting Agencies Accountable

    Finance

    The Data Breach Prevention and Compensation Act would provide the Federal Trade Commission (FTC) with additional direct supervisory authority over data security the agencies, as well as imposing penalties on the agencies and providing consumers with compensation as a means of preventing future breaches.