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Will Golden Gate be the Right Choice to Turn Around Pacific Sunwear of California Inc?

New Zealand - Fri, 04/08/2016 - 07:34

 Will Golden Gate be the Right Choice to Turn Around Pacific Sunwear of California Inc?On Thursday, Pacific Sunware of California Inc., the retail clothing brand which focuses on youth oriented culture and lifestyle of California, filed for bankruptcy. Its plan includes handing over control to San Francisco, California based private-equity firm Golden Gate Capital expectations that the lender has the recipe to rescue the troubled fashion retailer mainly meant for the teens.

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TransCanada Says Oil Leak Estimated at Keystone Pipeline May be 16,800 Gallons

US News - Fri, 04/08/2016 - 07:24

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On Saturday, the oil leak that was discovered on the keystone pipeline and forced a part of it to be shut down appears to be spilling more oil than expected by TransCanada initially. The company had informed regulators that the oil spill was approximately estimated to be 187 gallons.

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Yellen says U.S Economy on a Solid Path and Interest Rate Hikes on Track

US News - Fri, 04/08/2016 - 07:18

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On Thursday, Federal Reserve chairwoman, Janet L. Yellen, said that the economy of the United States is on a solid path offering signals of inflation and the Fed is on track to raise interest rates further.

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What’s in Offer for Yahoo Bidders?

US News - Fri, 04/08/2016 - 07:14

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Yahoo has been in trouble for a while with investors pushing for options like sale. Thus a bidding war might be brewing for the Sunnyvale, California based search engine and media company.

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No more annoying Chrome notifications for Apple’s OS X users

US News - Thu, 04/07/2016 - 15:30

Finally, Google has announced changes to its annoying Chrome notifications and the company is coming up with some changes in Chrome's notification system to make it better compatible with Apple's OS X users. It will be beneficial for users who have chosen Chrome as their default browser. Google is experimenting with the new feature for limited users.

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Newegg starts its customer support with Facebook Messenger

US News - Thu, 04/07/2016 - 15:28

California based online retail company Newegg has enabled a new feature, through which users can interact with retailer's customer service on one of the most popular app Facebook Messenger. The Facebook Messenger app has 800 million monthly active users.

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Government is deciding whether to share the iPhone unlocking secret with Apple

US News - Thu, 04/07/2016 - 15:26

On Wednesday, FBI's Director James Comey said that the government had purchased a tool to access the iPhone5C used by one of the shooters involved in San Bernardino rampage, Syed Farook.

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Google collaborates with Rackspace to snatch Intel’s share in data centers market

US News - Thu, 04/07/2016 - 15:24

On Wednesday, Alphabet Inc.'s Google said that it has collaborated with Rackspace Hosting Inc., in order to develop a data center server that will run on a new IBM OpenPower chip rather than Intel processors. The new IBM OpenPower chip is known as Power9.

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Volvo wants to test 100 autonomous cars in China

US News - Thu, 04/07/2016 - 15:21

On Thursday morning, Swedish multinational automobile maker Volvo announced its plan to test 100 autonomous cars on the public roads in China in normal traffic conditions.

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Reddit launches a new block tool for its users to deal with abusive content

US News - Thu, 04/07/2016 - 15:17

San Francisco based entertainment and social news website Reddit has launched a new block feature for its users on Wednesday. While previous block feature provided the authority to its users to block anyone in their private messages, the new block feature provides the universal blocking option on the website.

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Looking at other’s posts on Facebook may result in depression, study

New Zealand - Thu, 04/07/2016 - 15:14

Looking at other’s posts on Facebook may result in depression, studyA new study has shown that many people feel depressed while watching updates from their friends on social networking site, Facebook.

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Half of all diagnosed with Asthma are actually Asthma-free, experts

New Zealand - Thu, 04/07/2016 - 15:12

Half of all diagnosed with Asthma are actually Asthma-free, expertsHealthcare experts have warned that a very large number of people in the country have been misdiagnosed with asthma.

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IKEA recalls Batman-style capes

US News - Thu, 04/07/2016 - 14:44

Swedish major, IKEA has announced its decision to recall children's Batman-style capes following concerns that it may strangle youngsters, from the UK market.

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Food labels should include exercise needed to burn off calories, survey

US News - Thu, 04/07/2016 - 14:42

People have backed a new system of labelling that would include food labels with how much exercise is needed to burn off the calories.

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EPA Delays Unveiling of Clean Up Plan for Portland Harbor

New Zealand - Thu, 04/07/2016 - 08:48

EPA Delays Unveiling of Clean Up Plan for Portland Harbor

A proposed cleanup plan by the federal regulators was anticipated for the heavy metal and PCB-laden Portland Harbor but it has been delayed abruptly and will be unveiled later.

Earlier, it was to be released on coming Monday but on Wednesday, the officials of the U. S. Environmental Protection Agency (EPA) said that it will not come out till the first week of May.

An EPA spokesman said the environmental agency workers require some more time to create the electronic portal which will publish the plan and supporting documents.

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San Francisco Board of Supervisors Unanimously Approved Support to Offer Paid Leave to New Parents

US News - Thu, 04/07/2016 - 08:31

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San Francisco officials approved a paid parental leave policy to support their efforts that will make life slightly easier and affordable for those workers, who work hard to make ends meet in the expensive city of San Francisco.

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Renewable Energy Advocates Offer Support of Solar Energy Bill Calling it a Short-Term Fix

US News - Thu, 04/07/2016 - 08:27

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Advocates of renewable energy are offering a somewhat tepid support to a concessional solar energy bill which could head to Republican Governor Charlie Baker's office.

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Andrew McKenna McDonald’s Non- Executive Chairman is Retiring at 86

US News - Thu, 04/07/2016 - 08:23

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On Wednesday, McDonald's said its chairman, Andrew McKenna, will step down from the company's board after May's annual shareholder meeting. McKenna had a long tenure at McDonald's board as a director. He has been an important figure in the burger chain for twenty five years he had served as a chairman of the board for the last twelve years since 2004.

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Fiat Chrysler Automobiles will Lay-off 1,300 Workers at a Detroit Area Plant

US News - Thu, 04/07/2016 - 08:17

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On Wednesday, Fiat Chrysler Automobiles said, the company will lay off more than thousand workers at a Detroit area plant. The car maker plans to cut approximately 1,300 jobs and also trim production of its not- so- well selling Chrysler 200 midsize sedan which lost its market to the increasing demand for SUVs in the U. S markets.

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Walnuts can help avoid age-related health issues, new study

US News - Wed, 04/06/2016 - 15:18

According to a new research study, Walnuts, which are already known to have several health benefits, can help avoid age-related health issues is consumed daily.

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