soe moe aung

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GM Bailout: Was it Worth $11 Billion?

NEW YORK (TheStreet) -- Bailing out <b>General Motors</b> (GM) after the U.S. automaker filed for bankruptcy in 2009 has cost U.S. taxpayers about $11 …

Automotive Industry

iPad: $1.50 per year

If you fully drain and charge your iPad every other day it will use about 12 kWh of electricity per year. Source: Electric Power Research Institute

The iWallet Is Coming

<i>Post updated to reflect a misstatement about when Apple rolled out self checkout to its stores.</i><p>This week, Apple unveiled the first large-scale integration of iBeacon, a technology that, when coupled with their fingerprint identification system, may be another building block in building a …

Nearly $1 trillion was smuggled out of developing countries in 2011

It’s hard to build your country when the money keeps slipping away.<p>Foreign capital flight has been a problem for developing countries this year, but a bigger problem might be the funds smuggled out by tax evaders, corrupt officials and criminals—$946.7 billion in 2011, according to the latest …

Developing Countries

Meet the Best-Dressed Men of the Year, starting with Mr David Gandy. See all the pics here: http://ow.ly/rsEtV