All's not well in the Walmart stores as the employees in Washington, D. C. and at least six states to stage a strike on Black Friday, which is surely one of the busiest shopping period of the year. The protest is related to wages and working hours.
A survey by the Federal Reserve Bank of New York revealed that, the total U. S. household debt increased a little in the third quarter. The survey reported the debt of total $11.7 trillion, and bank marked the end of the crisis-era "deleveraging process."
According to state media reports, in a latest coal mine accident, 24 workers were killed in China.
Quoting the state-owned Fuxin Coal Corporation, the official Xinhua news agency said that the fire at the mine also injured 52 people. The mine where the accident happened is located in country's north-east in the Liaoning province.
The Vietnamese government announced that Samsung Electronics Co Ltd. has secured a license based on which it could invest $3 billion in the expansion plans in northern Vietnam,
U. K has a new bio-bus that is proving to be a new cause of excitement.
GENeco, which is a subsidiary of the water and sewage utility in Southwest England, has come out with a bus which is powered by bio-methane, a part of which is produced from human waste.
Craig L. Martin, due to health reasons will be retiring from the post of CEO and President of Jacobs Engineering Group Inc.
Martin has worked with Jacobs since 1994. He became the company's CEO in 2006 and will be stepping down on December 26, 2014.