Month: March 2019
Falling Demand Earns Auto Industry A ‘Negative’ Status By Moody’s
Weak demand for vehicles has led to credit rating firm Moody’s cutting down its outlook of the automobile industry from steady to negative. Due to multiple factors like slowdown in the economy, political issues in the country and surprisingly good end to 2018 Moody said in its research report that global auto market is likely…
Read MoreUK To Get New Accounting Regulator, FRC To Be Scrapped
In view of Brexit that is likely to become a reality by end of this month the UK government has announced that the existing Financial Reporting Council will be replaced with new regulator called Audit Reporting and Governance Authority that will have greater powers and can make changes to accounts directly without applying to court.…
Read MoreAI Likely To Help In Screening Lung Cancer
To most people artificial intelligence is related to automatic cars and robots at manufacturing units but now a group of researchers are using this technology to improve screening facilities of lung cancer to enable early detection and treatment that can improve survival rates of patients. But current screening methods for this type of cancer have…
Read MoreMolecules Likely To Reveal Resurgence Risk Of Breast Cancer
Even with the advancements made in modern medicine, breast cancer remains a guessing game for patients and doctors as they always live under fear of recurrence of the disease after initial rounds of treatment. New research in this disease could provide relief to this draining practice as now it appears that cells of breast cancer…
Read MoreGAO Took Off The Radar A Weather Satellite Mission—Report
A weather satellite program has been taken off from Government Accountability Office’s “high risk list” that is being monitored which has heightened concerns about NASA’s acquisition management procedures. During a testimony before Senate Homeland Security and GAO committee the latter had announced that it was taking issue of “clearing gaps in weather satellite data” off…
Read MoreDaylight Time Saving Poses Health Risks
The study carried out in 2016 revealed that the rate of heart strokes increased by 8 % within two days of daylight saving time as loss of sleep by more than an hour could enhance risk of health issues. The study revealed that risk extended to all categories of sick individuals as cancer patients were…
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Air Force Sec Resigns After A 2 Year Stint
Secretary of Air Force Heather Wilson announced late this week about her decision to step down from current position and take charge of her new role as president of Texas University located in El Paso. In her letter she announced that after receiving a favorable vote from Regents she will resign from current position from…
Read MoreZuckerberg Favors Higher Tax For The Rich
Co-founder of Chan Zuckerberg Initiative Pricilla Chan who is also the wife of Mark Zuckerberg expressed her willingness to support high taxes for wealthy. Speaking during an interview with CNN during her visit to South by Southwest Conference she was asked about her views of Alexandria Ocasio-Cortez’s proposal to increase wealth tax by 70 percent,…
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MLB Is Spending Is Much Higher Than The New Deals
The spring training for Major League Baseball has started. The key concern before the training was expenditure but now the issue has been sorted out. $1 billion have been spent in getting contracts with new players. This happened in the last 15 days. Bryce Harper, who was an outfielder at all- star has signed 13…
Read MoreGMV Scales A Key Milestone In Autonomy, Robotics
In a recent event, GMV showcased the analytical reports of ERGO as well as ESROCOS robotic technologies. GMV is working within H2020 technology’s research cluster. The Space Research Cluster basically focuses on testing, manufacture, and design of robotic building blocks. GMV was working on various projects of SRC namely ERGO, FACILITATORS and ESROCOS since the…
Read MoreDollar Tree Suffers $2.3bn loss, To Close 390 Family Stores
On the release of its 4th quarter fiscal earnings, Dollar Tree announced that it is closing its 390 family Dollar shops in 2019 and is renovating other 1000. Dollar Tree is retailer deals in discounts, on their announcement of closing stores, Gary Philbin said that the company is taking right steps to rebuild the brand’s…
Read MoreHello Kitty Sets Eyes On The Big Screen, Sign Film Deal With Warner Bros
Hello Kitty is all set to get featured as a movie on the big screen as its owner Sanrio has signed a deal with Warner Bros (WB). It took around 5 years to make this happened and finally, the Japan-based firm who owns Hello Kitty has permitted through a deal to feature there most popular,…
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