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Recent Posts

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Crowdfunding – The New Way To Raise Capital

Although the crowdfunding industry is still considered to be in its infancy, it has observed impressive growth. Various crowdfunding portals across the globe raised a total $5.1 billion in 2013 for different ventures, as compared to $1.5 billion in 2011. This year, the figure is expected to nearly double to […]

Deutsche Bank Cutt Thousands Of Jobs To Save Money (NYSE: DB)

Deutsche Bank Cutt Thousands Of Jobs To Save Money (NYSE: DB)

Deutsche Bank has announced that it would be eliminating up to 35,000 jobs over the next two years as part of its new strategy to improve its returns. The job cuts would be realized through the selling off of businesses and internal eliminations. The company currently has about 100,000 full-time […]

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Revenue Surges as Retail and Cloud Businesses Rule at Amazon

Amazon.com Inc.’s cloud computing and retail sales increased during its first quarter coming in slightly above expectations on Wall Street and sending shares at the company to a new record high in afterhours extended trading. The largest online retailer in the world said Thursday that net sales increased 23% to […]

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California regulators told the city of San Francisco it had to stop taking some river water that it annually stores in a reservoir up in the Sierra Nevada. The city is far from worrying about its tap running dry from the ongoing drought. Officials announced that the order to cutback […]

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The idea that a human body should be able to remove a tumor in pretty much the same way it removes other invading microbes has been around for over a century. However, it is only recently that research has begun to elucidate ways in which a patient’s immune system can […]

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United States Oil Fund (USO) Technical Analysis: Short-Term Strength Interrupts Intermediate Downtrend

In light of what technicals point toward, Bidness Etc believes that investors should accumulate United States Oil Fund LP (ETF) (NYSEARCA:USO) shares on the current weakness, and expect disturbed selling at price levels of $19.81 and $18.21. The exchange traded-fund, which tracks the movement of crude oil prices in the […]

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Tailored Brands to Shutter Stores Due to Poor Sales

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Tailored Brands, the parent company for Men’s Warehouse, Jos. A Bank and Joseph Abboud, the suit brand, will close hundreds of its locations and work to recreate a new model of itself as Jos. A. Bank sales plunged by over 31.5% in 2015. However, an unseen benefit is being seen […]

Puerto Rico Tourism Industry Tries to Calm Zika Virus Fears

Puerto Rico Tourism Industry Tries to Calm Zika Virus Fears

The tourism industry of Puerto Rico is hoping it can ease concerns of tourists about Zika virus on the Caribbean island that is strapped for cash, describing extra precautions that are being carried out by businesses. Clarisa Jimenez the Puerto Rico Hotel and Tourism Association CEO and president said the […]

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