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Video Shows Baby Turtles Heading to Sea

Video Shows Baby Turtles Heading to Sea

A video has been broadcasted online after being recorded by a webcam, showing nearly 100 baby loggerhead turtles heading to the Atlantic Ocean. The video is released to create awareness among people to protect loggerhead turtles that are considered threatened or endangered in Florida.

Bear Stearns, Alan 'Ace' Greenberg, dies at 86

Bear Stearns, Alan 'Ace' Greenberg, dies at 86

Alan C. 'Ace' Greenberg died on Friday at Mount Sinai Hospital in New York due to complications arising from cancer. He was 86.

He was the one to transform a insignificant bond shop into the fifth-largest U. S. securities firm as a chief executive officer of Bear Stearns Cos. The form collapsed in 2008 as a result of one of the major events of the global credit crisis.

Former U.S. official Says President Obama Could Restrain Corporate 'Inversions' On His Own

Former U.S. official Says President Obama Could Restrain Corporate 'Inversions'

On Monday, a senior former U. S. Treasury Department official said that President Barack Obama even without congressional approval could act to curb a major incentive that encouraged the U. S. corporations to shift their tax bases overseas in supposed "inversion" deals.

As U.S. Stocks Ascend, NYC Pension Funds Report 17.4% Returns on Investments

As U.S. Stocks Ascend, NYC Pension Funds Report 17.4%  Returns on Investments

On Monday the comptroller's office said, five pension funds of New York City reported a 17.4 percent return on investment in the fiscal year that ended on ended June 30. Now the total value is a record $160.5 billion.

Food Scandal in China, Parent Company to Investigate Matters

Food Scandal in China, Parent Company to Investigate Matters

Shanghai Husi a subsidiary of OSI Group of U. S based in Aurora has recently been the focus of major scandal related to food safety. The concern spread from China to Hong Kong and further to Japan. The allegations against it were that the supplier was supplying mixed meat products that some of which were fresh and some were expired.

Wal-Mart’s New Fix-it Man Has Never Worked in U.S Before

Wal-Mart’s New Fix-it Man Has Never Worked in U.S Before

On Thursday Walmart put Greg Foran, 53 from New Zealand in charge of Wal-Mart Stores. Inc.'s biggest division. It is a innovative choice on the company's part as he has never worked in the United States.

Obama Steps Up Drive to Stop Tax Loopholes for “Corporate Deserters”

Obama Steps Up Drive to Stop Tax Loopholes for  “Corporate Deserters”

On Thursday, U. S President Barack Obama used the term "corporate deserters" for companies that re-incorporate to other countries to avoid taxes. He called for stepping up a drive would shut a tax loophole which could affect deals which are in progress for Walgreens and AbbVie, the two big companies which have headquarters in the suburbs of Chicago.

Widening Quarterly Losses Pull Down Amazon Shares

Widening Quarterly Losses Pull Down Amazon Shares

The shareholders who hoped that Amazon would earn larger profits were disappointed again as the company posted a loss for the second-quarter loss which was greater than the expectations of Wall Street. Not only that the company also projected continuing losses which are huge in the current quarter too.

New Zealand Once Again Raises Its Interest Rate Now to 3.5 Percent

New Zealand Once Again Raises Its Interest Rate Now to 3.5 Percent

On Thursday New Zealand raised its standard interest rate to 3.5% but also signalled at a pause of its rate hike program.

The message impelled a sharp drop in the New Zealand dollar and it traded down close to 1% at $0.8625.

UN Human Development Report Points at Inequality for Slow Progress

UN Human Development Report Points at Inequality for Slow Progress

On Thursday the United Nations in its annual human development report said that the there is a slowdown in the improvements of human life spans, education facilities as well as incomes mostly resulting from natural disasters, erroneous government policies and ever growing inequality in a world in distribution of wealth where the 85 of the richest people in the world have accumulated wealth of a

Latest News

Video Shows Baby Turtles Heading to Sea
Bear Stearns, Alan 'Ace' Greenberg, dies at 86
Former U.S. official Says President Obama Could Restrain Corporate 'Inversions'
As U.S. Stocks Ascend, NYC Pension Funds Report 17.4%  Returns on Investments
Food Scandal in China, Parent Company to Investigate Matters
Wal-Mart’s New Fix-it Man Has Never Worked in U.S Before
Obama Steps Up Drive to Stop Tax Loopholes for  “Corporate Deserters”
Widening Quarterly Losses Pull Down Amazon Shares
New Zealand Once Again Raises Its Interest Rate Now to 3.5 Percent
UN Human Development Report Points at Inequality for Slow Progress
Facebook Perched to Reach a Record High After Heavy Quarterly Gains
July HSBC Survey Reveal China PMI at All Time High in 18-months
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