Bloomberg Obamacare is under legal attack again, and in the health-care industry it’s hospitals that have the most to lose. A federal judge ruled on Thursday that subsidies for patients’ out-of-pocket costs may be illegal in President Barack Obama’s signature health-care law. Those subsidies are a key part of the law that helped millions of Americans afford health care. ...
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May, 2016
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15 May
Luxury-home sales get a global reality check
AP The global luxury housing market lost some of its sheen last year as financial markets became unsettled and many wealthy buyers began to look for less expensive homes. “The return of realism,” is how Dan Conn, chief executive of Christie’s International Real Estate, described the high-end market that stretches from San Francisco to Singapore. Sales in a sector ...
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15 May
Hack biz trip to make your hotel stay way better
Bloomberg Most business travellers are at the mercy of their employer’s travel policies when it comes to where to stay. But once you get to your hotel, you’ll need to impress a different power broker to make your visit as comfortable as you can: the front-desk agent. With a few keyboard taps, these often-forgotten employees can control whether you ...
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15 May
Germany eyes free wi-fi in public spaces
Berlin, Germany / AFP Try looking for a free wi-fi connection in the cafe down the street in Germany and, more likely than not, there isn’t one. Forget about looking for open connections in parks or at key monuments. They just don’t exist. In an age when almost everyone carries a smartphone, the absence of such free hotspots can ...
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15 May
Hyperloop One test bodes well for transit’s fast future
Las Vegas, UNITED STATES / AFP The possible future of transit zipped along a short track in the desert outside Las Vegas on Wednesday before sliding to a stop in a bed of sand, sending up a tan wave. Hyperloop One, a start-up hoping to revolutionize transport systems, held its first public test of engine components being designed to rocket pods ...
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15 May
Will robot cars drive traffic congestion off a cliff?
Washington /Â AP Self-driving cars are expected to usher in a new era of mobility, safety and convenience. The problem, say transportation researchers, is that people will use them too much. Experts foresee robot cars chauffeuring children to school, dance class and baseball practice. The disabled and elderly will have new mobility. Commuters will be able to work, sleep, eat ...
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15 May
‘Work-life balance vital for retaining working women’
RITIKA SHARMA / Emirates Business “It is a big concern that in UAE the percentage of graduating women is 51% while the percentage of those working is only 18%. Such high number of skilled women only translates to such low number of them in workforce. It is high time we find solutions to such a major workforce difference,†Fadi ...
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15 May
RAK Ceramics posts 10% profit spike in 1st quarter
Ras Al Khaimah / Emirates Business RAK Ceramics PJSC (Ticker: RAKCEC: Abu Dhabi), one of the world’s largest hi-tech manufacturers of lifestyle ceramics solutions, on Sunday announced its results for the first quarter ended March 31. RAK Ceramics delivered a 10.8% increase in net profit to AED 65.9 million (Q1 2015: AED 59.5 million) for the period despite heightened ...
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15 May
Innovative social media tool to monitor digital market
Sunaina Rana / Emirates Business Social media is emerging as the biggest element in endorsing digital marketing. As the industry moves fast forward towards industrialisation, Liana Technology, a leading cloud-based digital marketing and communications Company, has launched an innovative social media monitoring tool. LianaMonitor is a cloud-based tool that will monitor the online media and social media for the ...
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15 May
NavLink offers failover to prevent data loss
Dubai / Emirates Business NavLink, an AT&T affiliated company, has announced the launch of its Disaster Recovery as a Service (DRaaS) in UAE and the Gulf region. NavLink’s continuous expansion of services enables it to provide more holistic solutions to its customers. Disaster Recovery as a Service is an innovative, cloud-based, enterprise-grade replication solution to meet the needs of ...
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