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Magic Leap buys NorthBit Security

Magic Leap Inc. is a company that has produced a “head mounted virtual retinal reality” devise that projects 3D images on a wearer’s own retina. Companies across the globe, such as retail merchants with online stores are anxious to see Magic Leap’s new product. In 2015, Magic…

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Snowbirds hurting businesses in southern states

It’s been four years that the loonie has been decreasing in value before the US dollar. Things do not really seem to be getting any better and may stay that way for some time. In fact, there is a trend that points towards a greater loss. Snowbirds who have been staying for 3 to 6 months in the…

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Will India approve Apple stores?

Apple iPhones are very popular but Apple does not have a store, as incredible as this might sound. India is a fast-growing market where Apple wants to be represented by authentic retail stores. Up until now, customers in India could only buy Apple products from third-party resellers. In the last few…

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Are companies going to suffer because of Obama’s decision to nix the Keystone Pipeline?

President Obama is well known for his drastic, brave decisions. This time he did something that many companies may see as not to their advantage, but he is hoping it will have a positive impact for all in the long run. Global warming has been the topic of discussion in almost all countries.…

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China Smartphone Sales Fall For First Time According To Gartner

China has always been a wide market, determinant to the success of a company’s product startup. When it came to smartphone sales, there was no exception. Sales of smartphones began to increase as Chinese companies began to produce for themselves instead of providing blank slates for other…

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Wells Fargo fined for $70 million for mortgage malpractice

Wells Fargo fined for $70 million for mortgage malpractice

The U.S. Comptroller of the Currency fined Wells Fargo on Wednesday due to some malpractice in mortgage services. Between March 2013 and October 2014, according to the regulator, Wells Fargo made some escrow calculation errors. These errors, in some cases, led to incorrect denial modifications. The…

What you need to do before you quit your job

What you need to do before you quit your job

Quitting your job is a dream for many, especially if you’ve been unhappy there! In other cases, it may be as simple as moving on to greener pastures: a higher salary, a better position, or a company that is more compatible with your career and personality. Regardless of the scenario, ending…

How do you determine if you can buy a house?

How do you determine if you can buy a house?

Owning a home is a gigantic milestone in our lives. It’s not a decision that should be taken lightly as it is a huge financial commitment, and locks you into a specific neighborhood (renting always keeps your options open). If you think you’re ready to buy, there are a few things to keep…

What is a Mutual Fund?

What is a Mutual Fund?

There is no strict legal definition of the term “mutual fund”. Usually, the term “mutual fund” means an investment fund that is open to the public. A mutual fund is a way of investing money collectively with other investors. The main advantage of investing capital through a…

What is a Mutual Fund?

What is a Mutual Fund?

There is no strict legal definition of the term “mutual fund”. Usually, the term “mutual fund” means an investment fund that is open to the public. A mutual fund is a way of investing money collectively with other investors. The main advantage of investing capital through a…

Greece’s last chance to be in the Eurozone!

Greece’s last chance to be in the Eurozone!

On July 7th , 2015, European leaders will have a final word with Greece and there they will decide how to respond to the Greek referendum. The country is almost bankrupt and the complete financial structure has been collapsed. Standing in such a grave crises when the question rises whether Greece…

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Panama papers are wake-up call for US treasury

Maintaining the treasury of the any country is the most important responsibility of the Government of that country. The Government of the United States of America has a wake-up call to strengthen the laws and close the loop-holes to offshore banking. The exposure of the Panama Papers has revealed…

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How are bank interest rates governed?

This might be a tough question to address since policies surrounding the governing of bank interest rates are usually controlled by the Central Bank in each country. They usually have regulations based on the country’s economic strength. In the United States, the interest rates have both…

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Advantages of transferring credit card balances

You may have just returned from a long vacation and now have an even bigger credit card debt. Transferring credit card balances has many advantages, but it is not without negative implications as well. Here are a few ways that transferring credit card balances is a good idea. When you transfer the…

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The White House is taking initiative to offer solar energy to Low income people

Good News for the middle and low income people of the United States. The Obama administration has declared a great surprise for the low income people that they will gain access to the solar energy. As per the administrative officials the POTUS has taken the initiative to tackle the climatic changes.…

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Partner Re and Axis Capital Merger faces Tough Challenge from Exor

PartnerRe Ltd and Axis Capital Holdings Ltd would restructure the merger deal between them. A $6.2 billion deal faces challenge as Exor SpA has offered $6.8 billion for the acquisition of PartnerRe. The decision comes after Exor went public about making the offer more attractive. Additional…

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Bill Gross’s Exit Cause Instability at Total Return Fund

Pacific Investment Management Corporation may suffer from some money shortages. Company’s subsidy Total Return Fund reported whooping $3 billion withdrawal by the investors. The press reports says this is the result of Bill Gross’s exit from the company, who served as chief investment…

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