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Updated: 5 hours 21 min ago

Gas Prices at Pumps on the Rise

Mon, 03/02/2015 - 12:12

The drivers must have noticed a rise in the gas prices recently. According to a report from AAA, the average price nationally has spiked for consecutive 28 days for standard unleaded gasoline.

For several months the gas prices fell steeply making the drivers happy but once again it is on the rise, though slowly, but the sight of prices spiking in gas station is once again back.

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Categories: UAE News

Girl Scouts take Part in Dallas Cookie Box Creations Competition with Great Fervour

Mon, 03/02/2015 - 12:10

Sunday morning kept some of the girl scouts busy, who decided to take part in the 2015 Cookie Box Creations competition. There was excitement and a continuous hum of activity all through the morning at the Galleria where about hundred or more Girl Scouts constructed amazing designs from empty boxes of Girl Scout cookies.

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Categories: UAE News

Oil Prices Still Remain in the Red Due to Oversupply Concerns

Mon, 03/02/2015 - 12:07

On Monday, the oil prices still remained low due to oversupply concerns. The prices had partially recovered from prior losses following the report of a private business survey which revealed a progress in the manufacturing sector of China in February.

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Hewlett-Packard's Shares Fall as the Company Announced Lower than Expected Revenue Projection

Wed, 02/25/2015 - 11:16

The Palo Alto, California based Hewlett-Packard Co's shares fell on Tuesday during late trading hours following the company's quarterly revenue and earnings outlook which could not match the expectations of Wall Street.

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Categories: UAE News

Spouses of H-1B Visa Holders Can work in the U.S from May 26

Wed, 02/25/2015 - 11:14

The US Citizenship and Immigration Services (USCIS) made an announcement that says, starting May 26, the spouses of H-1B and a few other visa holders would be eligible to work in the U. S. This move was applauded by many Indian techies and other Asian associations.

This announcement on Tuesday could be the first reform to be put into practice which is aimed at high-skilled immigrants.

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Bristol-Myers to Acquire Privately Owned Drug Manufacturer Flexus Bioscience Inc.

Tue, 02/24/2015 - 12:41

On Monday, the New York drug maker Bristol-Myers Squibb Co. said that it will acquire Flexus Bioscience Inc., which a privately owned drug manufacturer. The deal will be worth around $1.25 billion. The deal is an effort of Bristol-Meyers to add some promising cancer-fighting products into its list of offerings.

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Valeant Pharmaceuticals International to Buy Salix Pharmaceuticals in a $10.1Billion All Cash Deal

Tue, 02/24/2015 - 12:40

Valeant Pharmaceuticals International is acquiring Salix Pharmaceuticals, the maker of gastrointestinal drugs in an all-cash deal which is worth approximately $10.1bn. The announcement came from both the companies on Sunday.

In a news release, the drug makers said that the deal for was approved by the boards of directors of both the companies.

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P&G Plan to Revamp Its Brand Portfolio Significantly

Mon, 02/23/2015 - 12:13

Last year, A. G. Lafley, Procter & Gamble's CEO had announced that the consumer goods and personal care products company planned to revamp the brand portfolio majorly. Recently it was noted that P&G plans spin off or sell off about one hundred of its brands by the summer this year.

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BOJ Maintains its View of a Recovering Economy and Finds no Reasons for Further Easing of Policy

Mon, 02/23/2015 - 12:11

Shinzo Abe's cabinet members in Japan say that they are ready to endure a slowdown in inflation for a short-term as a consequence of the collapsing oil prices by around half starting from the middle of the previous year.

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In The Next Two Decades Ten Fuel Train Derailments are Predicted in a Year by a Risk Study

Mon, 02/23/2015 - 12:09

A risk analysis report of the federal government's Department of Transportation predicts that in the coming two decades trains carrying crude oil or ethanol on an average will derail ten times in one year which will cause damage of worth $4 billion or more.

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NSA and GCHQ may have a New Spying Tool in Encryption keys of Mobile SIM Cards

Sat, 02/21/2015 - 11:07

If reports are to be believed then the encryption keys used widely in mobile phone SIM could be an additional tool for the US and British spy services in their arsenal.

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Takata, the Largest Air-bag Manufacturer in the World May Face Federal Fine of $14,000 Per Day

Sat, 02/21/2015 - 11:06

On Friday, Anthony Foxx , the U. S. Transportation Secretary said that Takata, the biggest air-bag manufacturer of the world, will face a fine $14,000 per day if it does not comply with the demand of federal authorities to disseminate more information about its air bags which have caused six deaths and injured several others.

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Signalling at a Strong Job Market Applications for US Unemployment Benefits Drop to 283,000

Fri, 02/20/2015 - 11:20

Last week the number of Americans filling applications for unemployment benefits dropped by a large number. This surely signals at a strong job market which is hoped to maintain its upward movement.

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Intuit Inc. Posts Smaller-than-Expected Quarterly Loss

Fri, 02/20/2015 - 11:16

A smaller than expected loss for the quarter was reported by Intuit Inc. mostly owing to a sturdy demand for software, TurboTax, which helps in preparing online tax files. The demand rose at the beginning of the tax-filing season in the United States.

The hare prices of the company spiked as much as six percent to $96.45 on Thursday during the after-market trading.

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YouTube Plan to Offer Application Designed Especially for Children

Fri, 02/20/2015 - 11:12

To extend its audience base, Google Inc. is now planning to invest in technology especially designed for children. The company is seeking a new way to go beyond its popular tools and adult appropriate contents.

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Virgin America Plans to Include Austin to its Dallas Route

Thu, 02/19/2015 - 12:25

On Wednesday, Virgin America Inc. said that it plans to include Austin to its existing Dallas route system starting from April 28. The airline plans to have five daily flights in the new route from Love Field. This step taken by Virgin America will put it in direct competition with Southwest Airlines Co.

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Walmart Ranks Lowest in Customer Services Satisfaction Levels

Wed, 02/18/2015 - 11:42

Walmart is not really known for its extremely friendly or helpful employees and now that could be one of the reasons which drag the company to the lower level of customer satisfaction.

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11.4 million Americans Sign up for Healthcare Coverage Through Affordable Care Act.

Wed, 02/18/2015 - 11:39

A video which was released on Tuesday revealed, President Obama making an announcement that this year 11.4 million Americans have signed up for healthcare coverage through the Affordable Care Act.

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Fairfax Financial Holdings Ltd. to Acquire Brit Plc. for $1.88 Billion

Tue, 02/17/2015 - 10:18

The Canadian insurer Fairfax Financial Holdings Ltd., which is led by Prem Watsa is acquiring Brit Plc. for $1.88 billion. This is seen as the company's effort to enlarge the array of sales of specialty coverage in the Lloyd's of London market.

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West Coast Dispute between Shippers and Port-workers Delay Offloading of Goods and Push up Freight Rates

Mon, 02/16/2015 - 11:01

A dispute that has lingered for months between a group that is representing the shippers and the dockworkers has put the ports along the West Coast to a situation close to a gridlock.

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Categories: UAE News

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