Author: Russell Moreno
NY’s Plan To Avert L Train Shutdown Is High-Tech, Innovative, And Untested
Andrew Cuomo (New York Gov.) this week shocked subway commuters when he declared that the projected 15-month close-down of L train tunnel between Brooklyn and Manhattan (that was scheduled to start April 27, 2019) will rather turn into an untested and high-tech rescue plan. The news might come as a relief to some L train…
Read MoreHuawei And Samsung Supply Bulk Of Own Modem Processors, Qualcomm Says
The two biggest smartphone manufactures all over the globe supply a bulk of their own modem processors to assist their handsets link to wireless data networks, as per proof shown at an antitrust court case for Qualcomm (the chip supplier). A trial between the Qualcomm and US Federal Trade Commission started in a federal courtroom…
Read MoreAround 70,000 Crore Spent By Tata Group For Acquisitions
The Tata Group spent more than Rs 70,000 Crore in 2018 to partially honor and restructure its business, consolidating its cross-shareholdings, acquiring strategic assets and introducing the necessary capital. In a message to officials later this year, N Chandrasekaran, Tata Sons Chairman also warned that 2019 would bring a series of macroeconomic challenges. As the…
Read MoreChina Considering A Law To Restrain Forced Technology Transfers
Reportedly, China is considering a new rule on foreign investment that will focus on the illegality of forced technology transfers, the process of which has been the main complaint from Washington between the current tariffs spat between the two largest economies globally. Multiple regional outlets reported on the under debate law, and Chinese news agency…
Read MoreRetailers On Buying Spree As The US–China Trade War Ensues
Amy Magnus, the head of the National Customs Brokers & Forwarders Association of America, has been in the genre of trade for the past 40 years but has never experienced such an inventory by the retailers hoarding. In the United States, the warehouses are spread all over the country at a record quantity with every…
Read MoreEconomists Hopeful Even As Wall Street Bleeds
Stock markets in US seem to be under the grip of bear market conditions as Dow has fallen down by 4000 points and Nasdaq is no better and crude oil is in free-fall mode. Though investors are behaving as if recession is already here economists don’t seen an imminent depression around the corner. The excellent…
Read MoreAmid Brexit Worries, Banks Lower Growth Estimates
Bank of England has announced that uncertainty over Brexit is affecting Britain’s economy in a negative manner so it has no other option but to cut national growth forecast. Due to weak global growth the Monetary Policy Committee (MPC) has voted to keep interest rates at 0.75 %and said that economy will grow by 0.2…
Read MoreBlackberry’s Focus On Software For Automated Cars Pays Off
After suffering quite a downfall in the smartphone market, Blackberry is now attempting to lead in autonomous vehicles software market and the world of cyber security. Compared to the stock of the rest of the market, Blackberry is nailing it by an increase of 2%. This has made the brand top the forecasts of Wall…
Read MoreObamacare ‘Unconstitutional’ Rules Court
Texas state federal judge has ruled that essential parts of Obamacare which is also called Affordable Care Act (ACA) is unconstitutional as twenty states in the US had argued that the law had become invalid due to new tax rules that were brought in last year. The new law eliminated penalty for not owning health…
Read MoreInstagram To Offer Better Ad Targeting By Sharing Bookmark Info
How often has it occurred of late that you have seen a product advertisement on Instagram and navigated to it but for some reason or the other have not made a purchase and bookmarked it for future reference? Probably quite a lot, However, a new tool is going to be introduced by Instagram into its…
Read MoreAround 5000 Jobs To Be Sliced By Jaguar Land Rover
Jaguar Land Rover announced that by the start of next year there will be 5,000 job cuts as part of a major cost-cutting program. Job losses will be part of a £ 2.5 Billion recovery plan that the UK company will set up in January. JLR was hit by falling demand for sedans and diesel…
Read MoreApple Plans An Investment Of $1Bn For Its New Campus In Texas
Apple in planning to invest a billion dollar in its new campus that is located in the Austin of Texas, Apple said in its statement which was released on last Thursday. The planned new campus in the North Austin is said to be spreading across 133 acres and will have a capacity of accommodating somewhere…
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