Economy news

Bill Gates gave his opinion on bitcoins during the Sibos 2014 conference

Bill Gates gave his opinion on bitcoins during the Sibos 2014 conference

Microsoft Corporation’s (MSFT) former CEO, Bill Gates, advocated bitcoins (CURRENCY:BTC) while speaking in interview with Bloomberg TV’s “Street Smart” show. He said that the digital currency has an edge over fiat currencies as it has low transaction costs. In the interview at the Sibos banking conference in Boston, Mr. Gates […]

Can A Daily Low-Dose Aspirin Reduce Risk from Cancer Death?

Can A Daily Low-Dose Aspirin Reduce Risk from Cancer Death?

The old adage says that an apple a day keeps the doctor away but a new study suggests that you might want to trade out that apple for an aspirin. According to this study, simply taking an aspirin a day might actually reduce your chances of dying from cancer. Massachusetts […]

DC Court of Appeals Orders FAA to Reexamine Airline Seat Sizes

DC Court of Appeals Orders FAA to Reexamine Airline Seat Sizes

If you have been a plane recently and started to feel like maybe you don’t quite fit in the seats the way you used to, you are not alone. Apparently, the airline industry, as a whole, has been making seats not only much smaller but also closer together and with […]

Low Fees and Good Earnings Spell An Excellent Day—and Quarter—for BlackRock

Low Fees and Good Earnings Spell An Excellent Day—and Quarter—for BlackRock

BlackRock is the largest asset management firm in the world and, on Monday, the agency reported that its second-quarter earnings had risen nearly 10 percent with investors continuing to fund the company’s expanding selection of exchange traded funds (ETFs). You should know that the company oversees $5.7 trillion in assets […]

Ford Issues Many More Recalls

Ford Issues Many More Recalls

It seems like history is repeating itself, in a way, as Ford has just announced a new recall of more than 400,000 Transit vans and buses. This recall is to address cracked drive shaft coupling issues which have the potential to cause the vehicles to lose power. The company says […]

Dow and DuPont Ready For Merge, Still Await EU Regulatory Approval

Dow and DuPont Ready For Merge, Still Await EU Regulatory Approval

  DuPont relayed its plan to buy a unit of FMC Corp and will sell its crop protection business in order to win approval from the European Union over its pending merger with Dow Chemical. On this announcement, shares of FMC rose upwards of 17 percent, hitting a near three-year […]

Mad Catz Filed Chapter 7 Bankruptcy

Mad Catz Filed Chapter 7 Bankruptcy

Mad Catz Interactive had announced it was filing for bankruptcy today. The parent company of Mad Catz Inc and the audio company Tritton said, it would voluntary file as its directors and officers were all resigning. Mad Catz Inc, of course, is the popular video game peripheral manufacturer (they make […]

Elephant Tranquilizer Could Be Next Drug Epidemic

Elephant Tranquilizer Could Be Next Drug Epidemic

Carfentanil is a powerful new synthetic opioid used as a tranquilizer for elephants (and other similarly large animals). Of course, it makes sense to use this drug on massive creatures as it is formulated to be 10,000 times more potent than morphine and at least 100 times more potent than […]