On Wednesday, Aubrey McClendon, the ex- Chief Executive of Chesapeake Energy died in a car crash in Oklahoma. He had a big role to play in the country's shale revolution. The incident happened just one day after the Department of Justice announced that he was indicted on charges of federal bid-rigging and conspiring to keep the prices low that are paid for oil and natural gas leases.
The names of billionaires are out yet again with Forbes magazine's 30th annual list of billionaires. This time, once more Greenwich occupied one of the leading positions with eight of Connecticut's thirteen billionaires living there. Donald Trump, the Republican presidential hopeful had also once been a resident.
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.
Under pressure from influential investors many of the American corporate are spinning off their businesses and this time it's Xerox.
Reportedly, Xerox, the name synonymous to office copiers, decided to spin off its services business from the legacy hardware section. The process is expected to be completed by this year's end.
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.
Amy Wigfull, who had fallen five floors while on a holiday in Spain, has given birth to a healthy baby in the United Kingdom.
Amy has suffered massive injuries when she fell down from fifth floor of a hotel while on a family holiday to Malaga, Spain in June of
2014. She had fallen from a fifth floor window while sleep walking in the hotel.
Donald J. Trump and Fox News Hitch Still on; Ted Cruz Making Efforts to Win support from Iowa’s Evangelical Voters
The Donald J. Trump and Fox News war isn't over yet.
Donald J. Trump, told Fox News to dump debate moderator Megyn Kelly who hosts the Thursday-night show. Reasons are, Trump calling her unfair since August the debate on Fox. If not, Donald J. Trump may just take his viewers elsewhere.
After dipping the day before, on Tuesday stocks climbed as crude prices made another abrupt turn with a four percent jump.
Energy stocks also moved ahead with the oil price allowing Chevron and Exxon Mobil to make huge gains. Exxon Mobil picked 3.7 percent or $2.72, to $76.70 and Chevron climbed 4 percent or $3.23 to $84.12.
Sprint Corp., the wireless carrier might just have won the worried investors on its side as the company reported gains on Tuesday during its quarterly update.
Customer counts of the company climbed and so did the progress on major elements in the company's complex turnaround plan. Following the report, the company's shares scaled up 18.7 percent.
- Postage Prices will Decrease from Sunday; USPS not too Happy About It
- Marriott and Starwood Hotels & Resorts Worldwide Inc Shareholders Approve to $14.41 Sales Deal
- UK plan to impose additional tax on sugary drinks
- Obesity during pregnancy may increase risk of very ‘large babies’
- Dropping Sales at Gap’s Key Brands hurt the Company’s Shares