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Herb Strather, Detroit blight Buyer Makes a Wednesday Deadline

Herb Strather, Detroit blight Buyer Makes a Wednesday Deadline

Herb Strather, the Detroit developer made a deadline for Wednesday 4:30 p. m. for making a ten percent down payment for his $3 million bid for the shattered and foreclosed properties in the city.

David Szymanski, the county Chief Deputy Treasurer said the wire transfer of $315,000 is likely to clear by Thursday morning.

Baidu with its Growing Mobile Presence, Hit 27 Percent Profit Increase

Baidu with its Growing Mobile Presence, Hit 27 Percent Profit Increase

On Thursday, Baidu Inc., the Chinese search engine said that its profits for this quarter increased twenty seven percent. This spike was attributed to the increased user traffic for its mobile operation which exceeded its search business which is primarily desktop computer-based.

Third Quarter Profits for Samsung Electronics Drop Sharply

Third Quarter Profits for Samsung Electronics Drop Sharply

On Thursday, Samsung Electronics Co. posted its third quarter earnings report. The company announced a sharp fall in the quarter due to a stiff competition which it is facing from its low-cost Chinese competitors of smartphones. For a while Samsung is losing its ground in the market to these low-cost,, smart gadgets.

Federal Reserve Ends Bond Buying Programme, Keeps Interest Rates Low

Federal Reserve Ends Bond Buying Programme, Keeps Interest Rates Low

On Wednesday, the Federal Reserve decided to put an end to its bond purchase programme which has aided the growth of the economy of the United States since financial crisis that started in 2008.

Reduced Growth in Major Overseas Economies Affect U.S. Durable Goods Order

Reduced Growth in Major Overseas Economies Affect U.S. Durable Goods Order

As some major economies all over the world deteriorate, the effects are noticed in the business spending recoil in the U. S.

Lowe’s to Introduce Robots in Store for Customer Service

Lowe’s to Introduce Robots in Store for Customer Service

Soon you may not find the hardware man to help you in stores anymore! On Tuesday, one of the largest U. S hardware retailer and DIY stores, Lowe's, said that it is going to introduce its first robot clerk in-stores.

Facebook Shares Fall as the Company Portrays Increased in Expenses in 2015

Facebook Shares Fall as the Company Portrays Increased in Expenses in 2015

Facebook's market value dropped one tenth as the company announced a rise in spending in the coming year along with a slowdown in revenue in the third quarter on Tuesday.

Investors have always given a very strong support to the social network company but its plans of strong spending shook the investors a little.

USPS Audit Questions the Consistency of Surveillance Conducted on Mail

USPS Audit Questions the Consistency of Surveillance Conducted on Mail

A report released on Tuesday revealed that the United States Postal Service (USPS) had granted requests by law enforcing agencies to track the main of 49,000 in 2013. This programme often did not have the required approvals and also lacked sufficient justification. The audit found that it also missed essential reviews that are required to be conducted annually.

For the CEO of Twitter, Growth in Number of Users Is the First Priority

For the CEO of Twitter, Growth in Number of Users Is the First Priority

Twitter reported a slowed down user growth for the third quarter and wider losses which has put a lot of pressure on the company's chief executive Dick Costolo. He has to strategize new methods that will attract a larger score of members and advertisers as well.

Highest Retail Sales Noted in Japan in Last Four Months

Highest Retail Sales Noted in Japan in Last Four Months

In the last four months the retail sales in Japan grew the most in September. It is a good sign which shows that the effect of the sales-tax rise in April has adjusted itself in the market before there is another one of the hikes that hits the nation as planned by Prime Minister Shinzo Abe.

Latest News

Herb Strather, Detroit blight Buyer Makes a Wednesday Deadline
Baidu with its Growing Mobile Presence, Hit 27 Percent Profit Increase
Third Quarter Profits for Samsung Electronics Drop Sharply
Federal Reserve Ends Bond Buying Programme, Keeps Interest Rates Low
Reduced Growth in Major Overseas Economies Affect U.S. Durable Goods Order
Lowe’s to Introduce Robots in Store for Customer Service
Facebook Shares Fall as the Company Portrays Increased in Expenses in 2015
USPS Audit Questions the Consistency of Surveillance Conducted on Mail
For the CEO of Twitter, Growth in Number of Users Is the First Priority
Highest Retail Sales Noted in Japan in Last Four Months
Madison Square Garden Co. is Planning a Split in Its Media, Sports and Entertain
In Matters of Auto Reliability Detroit Automakers Trail Behind Foreign Companies
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