Category: Economy

Honda’s New Focus: Self Driving Cars and Robotics
June 8, 2017 No Responses

Honda’s New Focus: Self Driving Cars and Robotics

Honda presented for the first time its intentions to develop autonomous cars that can be driven by 2025 The Japanese car maker decided to take its plans to the next level by attempting to take on rivals in the auto...
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Russia’s New Passenger Plane Competes with Boeing 737 Aircraft
May 29, 2017 No Responses

Russia’s New Passenger Plane Competes with Boeing 737 Aircraft

Russia innovates the airline industry with its new MC-21-300 passenger plane and aims to compete with Boeing 737 aircraft The United Aircraft Corporation owned company, Irkut Corporation, tested their new passenger plane for 30 minutes at a height of 1000...
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Mark Zuckerberg on Financial Instability: “I should be paying for that”
May 26, 2017 No Responses

Mark Zuckerberg on Financial Instability: “I should be paying for that”

Mark Zuckerberg, founder of Facebook, said in a speech at Harvard that “Success comes from the freedom to fail, so billionaires like me should pay you to do that” During the start of his Harvard Speech, the Facebook CEO said...
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New York Drivers are Owed Millions Due to Uber Commission Mistake
May 25, 2017 No Responses

New York Drivers are Owed Millions Due to Uber Commission Mistake

New York Drivers are entitled to receive their money back, plus interest, due to a miscalculation of commissions on Uber’s end Uber service said that it they have been taking their cuts from a figure that included state taxes, rather...
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President Donald Trump Visits Pope Francis in Vatican
May 24, 2017 No Responses

President Donald Trump Visits Pope Francis in Vatican

President Trump decided to shake hands with Pope Francis during a visit in Vatican, as a sign of respect and appreciation during the two leaders’ first meeting Donald Trump was accompanied by a delegation that included first lady Melania, and...
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Europe Builds Its Own Battery Gigafactory in a Race for Green Power
May 22, 2017 No Responses

Europe Builds Its Own Battery Gigafactory in a Race for Green Power

Europe is competing with Nevada Tesla Plant in the battery-making industry in a race for green power majority. Chancellor Angela Merkel is scheduled to break the grounds at a 500 million-Euro plant that aims to assemble lithium-ion energy-storage that helps...
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US Economy – Dangerously Close to Full Employment
May 12, 2017 No Responses

US Economy – Dangerously Close to Full Employment

More than a decade has passed and the US economy is said to be back at full employment Mark Zandi, who is the chief economist at Moody’s Analytics, mentioned that 4.4% unemployment rate is far from being bad news for...
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