Business

Sears Lets Shoppers Make Returns, Exchanges Without Leaving the Car

Ren Benavidez   | Sep 19, 2014 12:20 PM EDT

Sears recently added a new service where shoppers can make in-store returns and exchanges, without leaving their car. read more

Alibaba Starts Trading At NYSE; Shares At US$68 In Largest U.S. IPO Ever

Marie Angel De Leon   | Sep 19, 2014 08:15 AM EDT

Chinese e-commerce giant Alibaba Group Holding Ltd. finally carried out its Initial Public Offering on Thursday and set the price of its stocks at US$68 a piece. read more

Twitter: Search for 1.5B-USD to Invest in Acquisition and Expansion

Staff Reporter   | Sep 19, 2014 11:48 AM EDT

This is the first time ever that Twitter decided to tap their debt market. They are planning to raise 1.5-billion US dollars for both acquisition and expansion to be part of their investment portfolio. read more

Home Depot Announces 56 Million Cards Compromised by Data Breach

Ren Benavidez   | Sep 19, 2014 02:55 AM EDT

Home Depot announced on Thursday that 56 million credit and debit cards were affected by the security breach that lasted from April to September, larger than the 40 million card-breach on Target last year. read more

The Extended Slow-Paced Production Challenges China's Inflation

Staff Reporter   | Sep 19, 2014 04:14 AM EDT

Head of China Economics Research, Wang Tao, stated in an interview at UBS that the Chinese economy remains weak. Though the situation remains fragile, the government has been working on China's economic stability by changing their growth structure. read more

Amazon Unveils High-End Kindle, Boosts Price of Basic E-Reader

Ren Benavidez   | Sep 18, 2014 01:31 PM EDT

Amazon has recently expanded its lineup of Kindle by launching six new devices on Wednesday, including a US$200 ebook-reader called the Kindle Voyage. read more

Pizza Hut Offers Low Calorie 'Skinny Slice' Pizza

Ren Benavidez   | Sep 18, 2014 12:01 PM EDT

Pizza hut is now offering a lower calorie pizza called "Skinny Slice" which has 30 percent less calorie content than its regular pizza counterpart. read more

Reform for China's Innovation

Staff Reporter   | Sep 18, 2014 03:27 AM EDT

China's growth is never impossible. read more

LeBron James Hits Road Running For New Nike LeBron 12 Shoes

dweisman   | Sep 17, 2014 10:18 PM EDT

LeBron James Hits Road Promoting His New Nike Lebron 12 Shoes read more

Gambling Magnate Stephen Hung Purchases 30 Rolls-Royce Phantoms

Acsilyn Miyazaki   | Sep 17, 2014 02:18 PM EDT

Gambling magnate Stephen Hung made the biggest ever single purchase of Rolls Royce Phantoms in history valued US$20 million. read more

China's Top Banks Get US$81 Billion Help from Central Bank to Put off Slowdown

Staff Reporter   | Sep 17, 2014 12:36 PM EDT

China's top five banks are receiving aid from the country's Central Bank amounting to US$81 billion or 500 billion yuan. The government support is intended to curb the slow growth rate for the world's second economic power. read more

Australian Mining Industry at Risk as China Bans ‘Dirty’ Coal Imports to Improve Air Quality

Erika Villanueva   | Sep 17, 2014 11:45 AM EDT

Australia’s mining industry faces a huge risk after China announces a ban on the sale and import of ‘dirty’ coal to solve its problem on air pollution. read more

Wal-Mart Vice President Forced To Resign After Lying About Educational Qualifications

Ren Benavidez   | Sep 18, 2014 01:08 AM EDT

Wal-Mart's Vice President for Communications, David Tovar, was asked to resign from the company after it learned that he lied about his educational qualifications. read more

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