Money

Hunter Biden, the second son of US Vice President Joe Biden has become a member of the Board of Directors of oil and gas holding Burisma, which engages in hydrocarbon production in Ukraine. Biden Jr. expressed hope that his knowledge would benefit the Ukrainian people. The report says that in the company, Hunter will be supervising the legal department and …

Actor Zac Efron has sold his luxurious bachelor pad in Hollywood Hills for USD 2.7 million. According to RadarOnline.com, the 26-year-old star bought his old property in 2008 for $2.35million and made $425,000 on the sale.

State Sen. Carlos Uresti was among a group of Texas lawmakers on Monday visiting the Sriracha plant in Southern California. The lawmakers are trying to convince the company to move its plant from California to Texas — possibly to the San Antonio-area.

April consumer prices rose 1.8% vs. a year earlier, down from 2.4% in March and the smallest gain in 18 months amid slower economic growth. Factory-level prices fell 2% vs. a year earlier, the 26th straight decline. The price data spurred calls for more aggressive gov’t efforts to help the world’s No. 2 economy. Beijing has been wary of big …

Hachette has accused Amazon of delaying shipments “for reasons of their own”, with the Internet retailer delaying the shipment of certain books by a number of weeks. The books span the gamut from new to old, and encompass a variety of different authors.

Electric car maker Tesla Motors said Wednesday that it lost nearly $50 million in the first quarter, as development costs grew compared with a year ago. Tesla’s loss of 40 cents per share contrasts with a profit of 10 cents per share in the January-March period last year. Revenue grew 10 percent to $620.5 million. Tesla produced a record 7,535 …

Etihad Airways, the national airline of the United Arab Emirates, has unveiled a luxury class upper-deck accommodation to make travelers feel they are in their own home on its Airbus A380. Dubbed as “The Residence by Etihad, the most luxurious living space in the air”, is among the new product and service offerings on its Airbus A380 and Boeing B787 …

Downingtown, Pa. business owner Joan Ressel said she and her husband’s breakfast and brunch restaurant, Coppertown, was on the verge of having to close its doors. The restaurant, which provides drive-thru and walk-up food services saw a major decrease in business over the last winter season, leaving the couple swimming in overdue bills that Ressel said they had no means …

Mayor Ed Murray on Thursday announced plans for a $15 an hour minimum wage, calling the proposal that would take three to seven years to fully implement “historic.” Murray, alongside Seattle City Councilman Nick Licata and other business and community leaders, presented a plan for $15-an-hour minimum that was approved by 21 of 25 members of the Income Inequality Advisory …

Wal-Mart started to offer car insurance in 8 states Wednesday morning. The company is offering the insurance inside some Walmart stores, and online through the Walmart website. The company plans to eventually offer insurance through the entire country, according to Joshua Kazam, Founder of AutoInsurance.com.

A Kickstarter campaign for jeans that cater to strong butts, meaty thighs and curvy calves crushed its funding goal of $15,000 in just 47 minutes. Barbell Denim’s co-founder of Hunter Molzen, said that athletes work hard for their strong, meaty thighs and they should be proud of them, ABC News reported.