On Tuesday, Marissa Mayer, Yahoo's chief executive unveiled a turnaround plan which seemed quite ambitious. However, the plan might not keep it off from selling its core assets. The tech company said, it is open to offers for its core assets and that is surely an alteration from the company's point of view in December.
Facebook prohibits certain things to be sold on its flagship social network like marijuana, illegal drugs and pharmaceuticals and now will do the same with sale of guns. The update in Facebook's policy gives one more thrust to curbing transaction of unlicensed guns. The same thing will also be applicable for its Instagram photo-sharing service.
Californians who have solar panels installed on their roof tops and generate some excess electricity, have some good news. The state on Thursday decided to retain a system which compensates the users for the excess electricity. It's not the same with all other states like Nevada and Hawaii.
Roof top solar power option is gaining popularity for sure and the record breaking figures for 2015 across the country shows how quickly the home owners are accepting the alternative power choice.
However, thought its good for the environment but this trend proves to be bad for the electric utilities and to remain profitable they are changing their business model.
On Sunday, the in Idaho, the average gasoline retail price was $2.11 per gallon as fuel dropped one cent per gallon last week.
GasBuddy. com calculated the figure through its regular survey of more than eight hundred gas outlets in the state. The nation average continues to be at $2 per gallon continuing from last week.
In November, the jobless rate in California dipped slightly to 5.7 percent. Compared to October, it is a drop by only one tenth of a point according to the state Employment Development Department.
The report from EDD said the main reason of the decline was attributed to net increase in nonfarm payroll jobs which numbered at approximately 5,500.
On Tuesday the California Public Utilities Commission (CPUC) proposed decision safeguard retail rate net metering for the solar power distributed systems across the state at the same time bringing in some modifications in the program. The additions to the existing rules include setting in an inter-connection fee and some non-by passable charges.
For many years, the state pension funds like CalPERS have invested money that has been earned by different government employees, teachers and firefighters with private equity firms. But till now people did not have a clear picture about the expenses they are incurring or how much were earning.
Last week union contracts were ultimately ratified at Ford Motor and General Motors marking the beginning of a new era in the U.S auto industry.
The three Detroit automakers culminated labor talks with the workers union and were among the most generous in about a decade or more. It represented a significant shift from many years of stagnant wages and cuts.
The financial firms no doubt charge a hefty fee on the fast-growing stack of assets but few of them do it better than PIMCO or Pacific Investment Management Company, headquartered in Newport Beach, California.
The bond giant has taken greater than $6 billion as fees between the period of 2010 and 2013 marking the most profitable run for any mutual fund.
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