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Updated: 2 hours 40 min ago

BART’s Oakland International Airport Connector Starts Operating

15 hours 45 min ago

Oakland International Airport joins the fast growing U. S. airports that have a rail transit connection.

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Categories: UAE News

No Signs of Rise in Oil Prices Soon

Sat, 11/22/2014 - 08:54

Oil is no longer viewed from the same angle as it used to be some fifteen years back. With soaring oil production in the U. S with fracking techniques and prices moving at the lowest rates in three years, oil isn't exactly what it used to be, surely at least not for America. Here are some interesting facts about oil.

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Categories: UAE News

Internet television startup Aereo Files for Bankruptcy

Sat, 11/22/2014 - 08:37

This seems to be the end of the road for the Internet television startup Aereo, as the company as filed for Chapter 11 bankruptcy. Recently the company laid off most of its employees.

Aereo offered a service for an $8 per month which allowed let users to watch as well as record the programmes from over-the-air channels on their mobile as well as smart devices.

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Categories: UAE News

Shares of Best Buy Increase on Good Earnings Report

Fri, 11/21/2014 - 12:18

A strong third quarter report was given by Best Buy just as the electronic retailer moves towards the holiday shopping season. The company's sales and profit surpassed the Wall Street estimates. This resulted in its shares to move up as much as 9%.

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Categories: UAE News

New Media Investment Group Inc. to purchase Halifax Media Group

Fri, 11/21/2014 - 12:15

For the second time in quick succession the Worcester Telegram & Gazette is going to go into new hands as its parent Halifax Media Group is being bought by New Media Investment Group Inc. (GateHouse Media)

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Categories: UAE News

FTC, Illinois and Ohio Puts an End to ‘Free’ Credit Scores Scheme

Thu, 11/20/2014 - 11:43

The Federal Trade Commission (FTC) has put an end to a scheme which was launched online by some companies luring the customers with "free" entrée to their credit scores which ultimately resulted in a monthly billing of a fee of $29.95 for a credit monitoring scheme which they has never opted for.

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Categories: UAE News

Drones Sighted Near JFK Airport Under Investigation

Thu, 11/20/2014 - 11:41

Drones spotted close to the John F. Kennedy International Airport have become a matter of investigation for the Federal Aviation authorities.

In a statement, the FAA said that three pilots of commercial airlines reported spotting drones in the last few days as they were trying to land at the JFK.

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Categories: UAE News

New Study Suggests Banking Industry Culture Breeds Dishonesty among the Employees

Thu, 11/20/2014 - 11:39

A new study shows that the bank employees are prone to display dishonesty as it comes to the matter of discussing their jobs. Thus it can be said that the culture in the banking industry "seems to make [employees] more dishonest."

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Categories: UAE News

Eastern Kentucky Accepts Obamacare in a Big Way

Wed, 11/19/2014 - 09:19

Perhaps no other region other than eastern Kentucky has accepted and welcomed Kynect and Gov. Steve Beshear's expansion of Medicaid under the ACA so well. This could be judged looking at the improving rate of the uninsured in the particular region.

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Categories: UAE News

$37.5 million Awarded to Researchers for Studying BP oil spill

Wed, 11/19/2014 - 09:16

Today the University of Georgia announced a new grant that has been allotted for continuing the study of natural oil seeps in the Gulf of Mexico. It will be led by Dr. Samantha Joye, a biogeochemist and professor of the university.

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Categories: UAE News

Allergan Sale to Actavis Cheers Investors Pushing Stocks to All Time High

Tue, 11/18/2014 - 12:38

Allergan Inc., the maker of Botox is a company based in Irvine which started as a supplier of eye drops. With its growing range of health care products the company grew into a leading pharmaceutical company in the country. In a deal the pharma company agreed to be bought by Actavis, for $66 billion.

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Categories: UAE News

Snapchat Announces Its New Feature ‘Snapcash’

Tue, 11/18/2014 - 12:37

Snapchat is an app that allows users to share pictures that lasts for seconds at a time. But in a new move, the mobile application will now give its clients the prospect of sending cash.

In an announcement the photo-sharing service introduced its new payment service "Snapcash" in which the users can link their Visa or MasterCard debit cards to their own accounts.

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Categories: UAE News

Dan Gilbert is Buying the Compuware Building in Detroit

Tue, 11/18/2014 - 12:35

Businessman, developer and the owner of Quicken Loans, Dan Gilbert is buying a landmark downtown Detroit property. Gilbert and his partners reportedly reached a deal to buy the fifteen story Compuware Building that is located close to the Campus Martius Park.

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Categories: UAE News

The San Mateo County Coast Hit Particularly Hard in the California Drought

Mon, 11/17/2014 - 12:48

The historically long lasting drought that has hit California seems to be especially harsh along the southern San Mateo County coast.

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Categories: UAE News

HEAP For 2014-2015 to Start on Monday

Mon, 11/17/2014 - 12:45

As the federal government thinks that the average cost for heating homes all over the country will be lower in the current year when compared to the last, as the winter approaches, the demand for fuel assistance still remains high in many Massachusetts communities.

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Categories: UAE News

Understanding the System of Social Security Can be Highly Beneficial

Mon, 11/17/2014 - 12:43

It is not quite right to neglect your Social Security benefits as this may be one of the largest your assets. Everything depends on how well you can manage it. For that, you will need to decide which benefits you must collect and when. If done right then one can make a huge difference in the gains of lifetime benefits.

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Categories: UAE News

Premiums for Obamacare Increase 3% on Average for 2015 Enrolment

Sat, 11/15/2014 - 11:18

Today just before opening the insurance marketplaces created by the health law for the customers, the Obama administration released all-inclusive information regarding the premiums structures of 2015, in 34 states that are covered under the federal enrolment system.

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Categories: UAE News

Thomas Middelhoff, Sent to Jail for Spending Company Funds Inappropriately

Sat, 11/15/2014 - 11:16

Thomas Middelhoff, one of the most media-savvy executive and the ex- CEO of Arcandor AG, was sentenced to a term of three years in prison. A German court convicted him of wrongly using corporate funds in expensive personal trips using jets and helicopters over the years that lead finally to a collapse of the company.

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Categories: UAE News

Starboard Reveals Stakes in Yahoo and AOL

Sat, 11/15/2014 - 11:14

Starboard Value LP, the activist investor urging a merger between Yahoo and AOL to merge, has stated that it owns shares not only in Yahoo but also in AOL.

Starboard disclosed that it owns a stake of 7.7 million share in Yahoo and a share stake of 1.9 million in AOL. According to Thomson Reuter's data this transpires to be 0.8 percent stake in Yahoo and 2.5 percent in AOL.

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Categories: UAE News

Virgin America’s Initial Public Offering Raises $306 Million

Fri, 11/14/2014 - 13:46

On Thursday, in its initial public offering Virgin America raised approximately $305.9 million which met the expectations of the analysts.

The company's expected price range was$21 to $24 per share and at the offering price of $23 per share it could meet up the expectations. The airlines stock sale values it at around $972.9 million.

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Categories: UAE News

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