MasterCard Will Soon Accept Payments Through Selfies

Posted on 03/07/2015 by affam

Credit card thefts have been on the rise recently. MasterCard has apparently come up with a solution, which will eliminate any possibility of theft if successful. According to reports MasterCard has...

Multi-billionaire Business Tycoon Kirk Kerkorian Dies at 98

Posted on 17/06/2015 by hira

Kirk Kerkorian, the billionaire investor, casino tycoon, Hollywood Mogul and airline owner, died in Los Angeles on Monday night. He was 98.Born in June 6, 1917, Kerkorian was the son of the poor...

Warren tells Dimon: ‘I fully understand’ how global banking system works

Posted on 14/06/2015 by Jessica Hannan

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon tried to take a shot at U.S. Senator Elizabeth Warren, but was outmanned in a swift jab of her own. Bloomberg reports at a Chicago event...

Bloomberg Terminals go down affecting Traders Worldwide

Posted on 17/04/2015 by sumayah

Bloomberg Professional-Bloomberg terminals-are vital to many traders' day. Each day traders execute trades using the terminal, as well as monitor and analyze real-time financial data.Currently...

Morgan Stanley CFO Ruth Porat will become Google CFO

Posted on 24/03/2015 by i4u

Google announced today that Morgan Stanley Chief Financial Officer and Executive Vice President Ruth Porat joins Google as CFO. Ruth Porat will start at Google as CFO on May 26, reporting to...

NASDAQ is Back at 2000 Dot-Com Bubble Level

Posted on 03/03/2015 by i4u

On Monday the NASDAQ closed above 5,000 points (Nasdaq Composite closed at 5,008.10). It has been almost to the day 15 years that the NASDAQ was over 5,000. Back then we have been at the end of the...

Super Bowl XLIX Cancellation Possible With Expiry of TRIA

Posted on 17/12/2014 by wilfredo

Bad news for NFL fans: Super Boxl XLIX in Glendale, Ariz. can be canceled.According to a Dec. 9 update by Howard Kunreuther and Erwann Michel-Kerjan of BusinessWeek.com, congress must act swiftly to...

Investors drooling over Uber

Posted on 17/11/2014 by ahmed

In what appears to be an increasing interest in the company’s valuation, Uber is once again raising money. The previous round was last summer when a $1.2 billion deal had left the company valuing at...

Duracell acquired by Berkshire Hathaway

Posted on 13/11/2014 by ahmed

A lot of mergers and acquisitions have been on the go since this year started and it appears that we are going to miss a couple of big brand names. In an announcement made recently, it has been made...

Rocket Internet IPO Starts Weak

Posted on 02/10/2014 by i4u

The German Internet powerhouse Rocket Internet started to publicly trade today. The IPO share price have been set at the top of the range with 42.50 Euro. Immediately after start of the trading the...

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