News

Google

Google to become a mobile carrier, entering wireless business

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It appears as though Google is going to be entering the wireless business in a major way. The California-based tech giant made its first big...
american express logo

American Express cutting 4,000 jobs this year

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American Express Co will be cutting 4,000 jobs this year. The credit card company posted high quarterly expenses and provisions for bad loans, disappointing...
ebay logo

eBay cutting its global workforce by 7%, affecting 2,400 jobs

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On Wednesday the online retailer eBay posted earnings ahead of expectations, however, the company said that it plans on cutting its global workforce by...
Wormhole in Milky Way

Update: A giant wormhole in the Milky Way that could transport humans? Perhaps

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A massive wormhole believed to exist in the centre of our galaxy, the Milky Way, could be a doorway to another galaxy, scientists wrote in the...
Virginia Tech

Predator croc found, existed before dinosaurs, named Nundasuchus

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A predator-croc that existed before the dinosaurs has been discovered and named by a team of paleontologists. It had steak knife-like teeth, bony plates...
Eurozone

ECB proposes 1.1 trillion euro injection to tackle deflation

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The European Central Bank President, Mario Draghi, has proposed a quantitative easing (QE) program based on monthly asset purchases of 50 billion euros until...
home start

US new home construction rose 4.4 percent in December

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There was a rebound in the construction of new homes in December, making 2014 the most active year in new home construction since the...
S&P logo

S&P faces year ban from the commercial mortgage backed securities market

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Ratings agency Standard & Poor’s is facing a year-long ban from the commercial mortgage backed securities market because of misleading ratings it issued in...
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Price target on Netflix shares increased by CRT Capital and Morgan Stanley

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CRT Capital analysts have increased their price target on Netflix shares from $375.00 to $425.00, now giving Netflix stock a “fair value” rating. Other research...
Chimpanzee in Cameroon

Endangered chimpanzee threatened by habitat loss caused by climate change

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The future survival of the Nigerian-Cameroon Chimpanzee (Pan troglodytes ellioti) is being seriously threatened by climate change, a new study published in BMC Evolutionary...