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THE FLIGHT OF FANCY
Home Deco

THE FLIGHT OF FANCY

Saheli 21 Mar 2016 639 Views

If the aim of a holiday home is to create an environment that lifts one out of the mundane, few properties could do it better than the eighteenth-century folly of the designer Veere Grenney. ‘Don’t ask me what I was looking for in a second home,’ he says. ‘A house ... Read More »

James Patterson Has a Big Plan for Small Books
Business

James Patterson Has a Big Plan for Small Books

Saheli 21 Mar 2016 703 Views

People already read James Patterson’s books — and in staggering numbers. Last year, he and his team of writers had 36 books land on the New York Times best-seller list. To date, he has published 156 books that have sold more than 325 million copies worldwide. But Mr. Patterson is ... Read More »

Apple drops Apple Watch price to $299
Technology

Apple drops Apple Watch price to $299

Saheli 21 Mar 2016 2357 Views

CEO Tim Cook introduced the new price and accessories during a special event in Cupertino on Monday. For Apple Watch users, the device has become an “essential part of their daily lives,” Cook said. People also love changing the bands, he added — about one-third of existing customers already do ... Read More »

After a year, Carnegie Mellon and Uber research initiative is stalled

Saheli 21 Mar 2016 556 Views

More than a year after Uber announced a research pact with Carnegie Mellon University – and then hired away four of the institution’s faculty and 36 researchers and technicians – the ride-hailing company and university have not collaborated on a single project, according to CMU faculty and administrators. Herman Herman, ... Read More »

Michigan outlines Flint recovery plan

Saheli 21 Mar 2016 738 Views

Michigan’s government on Monday released goals to help the city of Flint recover from a health crisis caused by the lead contamination of its drinking water. The plan, involving several state agencies, is meant to address water infrastructure shortcomings and the health of children who have tested for high lead ... Read More »

In Uganda’s Zika Forest, global health scare seems a world away

Saheli 21 Mar 2016 724 Views

In a tiny patch of tall trees and tangled undergrowth near the shores of Lake Victoria in Uganda, Zika-carrying mosquitoes buzz around local people who are unperturbed by the global health emergency that the virus has triggered. “Zika? That one I have never heard about – what kind of disease ... Read More »

U.S. top court agrees to hear Samsung-Apple patent fight

Saheli 21 Mar 2016 2459 Views

The U.S. Supreme Court on Monday stepped into the high-profile patent fight between the world’s two fiercest smartphone rivals, Apple and Samsung, agreeing to hear Samsung’s appeal of what it contends were excessive penalties for copying the patented designs of the iPhone. Samsung Electronics Co Ltd (005930.KS) paid Apple Inc ... Read More »

Fed approves Goldman acquisition of GE Capital’s U.S. online deposits

Saheli 21 Mar 2016 706 Views

Goldman Sachs Group Inc (GS.N) received permission on Monday to complete its $17 billion acquisition of GE Capital Bank’s U.S. online deposits. The deal, which was approved by the Federal Reserve, had been pending since August 2015. Goldman would control around $95 billion in deposits through its GS Bank unit ... Read More »

Exclusive: DBS seen as frontrunner for Barclays’ HK, Singapore wealth units – sources

Saheli 21 Mar 2016 840 Views

Singapore’s DBS Group Holdings (DBSM.SI) is seen leading the race to buy British bank Barclays’ (BARC.L) Hong Kong and Singapore private wealth units, valued at as much as $300 million, sources with knowledge of the situation said on Monday. The other bidder left in the race is rival Singaporean lender ... Read More »

FanDuel and DraftKings shut down games in New York

Saheli 21 Mar 2016 670 Views

Top daily fantasy sports companies FanDuel and DraftKings agreed to stop taking money in New York on Monday, amid a months-long fight with the state’s attorney general over whether the games are illegal gambling. New York Attorney General Eric Schneiderman said the companies had agreed to immediately stop operating paid ... Read More »

IHS to buy data provider Markit, combined company to base in UK

Saheli 21 Mar 2016 625 Views

U.S.-based IHS Inc (IHS.N) agreed to buy Markit Ltd (MRKT.O) to create a $13 billion London-based data and business research provider, in the latest example of a U.S. company moving its domicile overseas where corporate tax rates are lower. The companies said IHS shareholders will own about 57 percent of ... Read More »

Marriott wins back Sheraton-owner Starwood with new offer

Saheli 21 Mar 2016 656 Views

Starwood Hotels and Resorts Worldwide Inc (HOT.N), owner of the Sheraton and Westin brands, accepted a higher $13.6 billion acquisition offer from peer Marriott International Inc (MAR.O), spurning a bid from China’s Anbang Insurance Group. The move dramatically raises the stakes in the bidding war since the deal with Marriott ... Read More »

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