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A New Solution That Will Advance Your Business
Your medical facility needs to be properly maintained in order for it to grow and thrive. And with BiMedis, you’ll have a reliable tool to help with the sales and equipment portion of your business. Ready to learn how BiMedis can... More of this article »
Amazon Ready To Release New Fire TV Cube
Amazon (NASDAQ: AMZN) has debuted the new Fire TV Cube, its new high-end Fire TV that you can completely control via Amazon’s Alexa voice assistant. The Fire TV Cube will begin shipping on June 21 and costs $119. Amazon Prime members... More of this article »
Starbucks Announces New Customer Service Policy
Starbucks (NASDAQ: SBUX) has announced a new policy of inclusivity for its stores nationwide. The new policy will permit anyone to sit in its cafes and patios or use the stores’ restrooms, regardless of whether they’ve bought anything.... More of this article »
SmugMug Acquires Flickr From Verizon’s Oath
Photo sharing and storage company SmugMug has announced that it has purchased Flickr from Verizon’s Oath for an undisclosed sum. SmugMug is an independent, family-run company. Founded in 2002, the company now has millions of... More of this article »
Hundreds Of Jobs Cut At Ohio General Motors Plant
A General Motors plant in Lordstown, Ohio is cutting several hundred jobs. Plant leaders informed workers the facility will be eliminating one of two shifts starting in mid-June. The cuts will eliminate up to half of the current jobs... More of this article »
Jesse Jackson Calls For Boycott Of Kroger Stores
The Rev. Jesse Jackson has called for a boycott of Kroger Co. (NYSE: KR) stores over the company closing locations in minority communities while building upscale stores in suburbs. Last year, Kroger closed 41 stores out of its nearly... More of this article »
How Technological Development Affected Stock Trading
The classic definition of stock trading has nothing in common we have come to know trading nowadays. The advancement of technology has taken over this business as well, by making possible speedy communication of data and moving things... More of this article »
Oracle Lawsuit Against Google Reopened
The U.S. Court of Appeals for the Federal Circuit has reopened a copyright case between Oracle Corp. (NYSE: ORCL) and Alphabet Inc.’s Google (NASDAQ: GOOGL). The appeals court ruled that Google’s use of Java shortcuts to develop... More of this article »
The continued success of 888 Holdings
888 Holdings are one of the market leading gaming and casino organisations in the UK. Operating from Gibraltar, 888 offer sports, casino, poker and even bingo through partner sites like Wink Bingo. With year on year growth that exceeded... More of this article »
3 ways to create an effective sales incentive program
In the modern business world, it’s no longer just about who has a better product. You may have groundbreaking technology and innovation backing you up but without an effective sales incentive program, you might as well have thrown... More of this article »
Herbalife War Comes To An End
William Ackman has ended his five-year crusade against Herbalife Ltd. (NYSE: HLF), bringing one of Wall Street’s longest-running, most expensive fights to a conclusion. Sources familiar with the matter said the activist investor... More of this article »
California Investigating Aetna Over Insurance Claim Denials
California’s insurance commissioner has launched an investigation into Aetna Inc. (NYSE: AET) over the dubious nature of some of its insurance claim denials. The investigation was sparked by the admission of a former medical... More of this article »
Toys R Us Announces Planned Store Closures
Toys R Us Inc. has announced plans to close about 180 U.S. stores as part of its reorganization plan. The closures are scheduled to begin next month and the majority of the targeted locations will go dark by mid-April. The company... More of this article »
Discovery Communications Moving To New York
Discovery Communications (NASDAQ: DISCA) has announced its headquarters will be moving from Silver Spring, Maryland to New York in the second half of 2019. David Zaslav, Discovery’s chief executive, wrote in an email to employees,... More of this article »
Commercial Air Travel Safer Than Ever
According to a new report, 2017 was the safest year ever for commercial air travel. There were only 111 recorded accidents and 13 deaths worldwide. That’s a rate of one fatal accident for every 16 million flights. Lead researcher... More of this article »
Jack in the Box Offering Merry Munchie Meals To Stoner Set
California begins legal recreational marijuana sales at the beginning of the new year and one fast-food chain is looking to take advantage of the event. San Diego-based Jack in the Box (NASDAQ: JACK) is introducing a Merry Munchie... More of this article »
Walt Disney Co. To Buy Fox For $52.4B
Walt Disney Co. (NYSE:DIS) has reached a deal to buy the entertainment assets of Twenty-First Century Fox Inc. (NASDAQ:FOX), the media empire controlled by Rupert Murdoch, in an all-stock transaction. Disney will give Fox shareholders... More of this article »
Lennar To Buy CalAtlantic For Nearly $6 Billion
Two of the nation’s biggest residential-construction companies have announced that they are joining forces. The Lennar Corporation (NYSE:LEN) announced that it would buy the CalAtlantic Group (NYSE:CAA) in a stock-and-cash deal worth... More of this article »
Twitter Tops Estimates For The Third Quarter
Twitter Inc. (NYSE:TWTR) beat sales estimates in the third quarter of its fiscal year. Twitter reported its net loss narrowed to $21.1 million, or 3 cents a share, in the quarter. On an adjusted basis, the company reported profit of... More of this article »
AT&T Quarterly Results Miss Estimates
AT&T Inc. (NYSE:T) has missed analysts’ expectations with its latest quarterly results. The company reported net income of $3.0 billion, or 49 cents a share, for the quarter ended Sept. 30, down from $3.3 billion, or 54 cents... More of this article »
Netflix To Issue Bonds To Fund New Content
Video streaming service Netflix (NASDAQ:NFLX) has announced plans to spend up to $8 billion on new shows next year, up from a previous target of $7 billion. According to chief content officer Ted Sarandos, Netflix plans to release... More of this article »
Costco Offering New Delivery Options
Costco Wholesale (NASDAQ:COST) has announced the roll out of two grocery delivery services for its members. The move brings fresh produce, packaged goods, and other items straight to customers’ homes. One delivery option is Costco... More of this article »
Whole Foods Price Cuts Attract New Customers
Whole Foods recently made headlines for cutting prices on a variety of popular grocery items. The company cut prices on items such as avocados, rotisserie chicken, and bananas on Aug. 28. However, the price cuts may not be producing... More of this article »
Equifax To Offer Free Credit Locking Service
Equifax (NYSE:EFX) has implemented new measures to make it easier for consumers to control access to their credit records. Equifax is implementing a new credit lock service that will be free for life. New Equifax Chief Executive Officer... More of this article »
Boeing Wins Ruling Against Bombardier Subsidies
The U.S. Commerce Department levied duties of nearly 220 percent on Canada’s Bombardier C Series aircraft sold in the United States. The Commerce department ruled that Bombardier was selling jets at artificially low prices in... More of this article »
Walgreens To Make Modifications To Rite Aid Deal
Walgreens Boots Alliance Inc. (NASDAQ:WBA) is reportedly planning to modify its agreement to buy Rite Aid Corp. (NYSE:RAD) stores to resolve outstanding antitrust concerns. The companies and the Federal Trade Commission are close to... More of this article »
Women Hit Google With Pay Discrimination Suit
A lawsuit has been filed against Google, accusing the company of discriminating against female employees on pay and promotions. The lawsuit claims, “Google has discriminated and continues to discriminate against its female employees... More of this article »
HP Enterprise Beats Expectations For Fiscal Third Quarter
Hewlett Packard Enterprise Co. (NYSE:HPE) reported better-than-expected quarterly earnings and revenue in its fiscal third quarter ended July 31. HPE said that it earned 31 cents a share for the quarter, which topped analysts’ forecasts... More of this article »
1.4 Million More Suspect Accounts Add To Wells Fargo’s Woes
Wells Fargo & Co. (NYSE:WFC) has raised its estimate for how many bogus accounts employees may have created by nearly 70 percent. Wells Fargo said an internal review uncovered a total of 3.5 million potentially fraudulent bank... More of this article »
Uber’s Search For New CEO Almost Over
Uber Technologies Inc.’s search for new chief executive may be nearly over. The ride-hailing company’s board is planning to vote on the choice shortly, according to people with knowledge of the process. Over the weekend, the eight... More of this article »
Amazon Reveals Plans For Whole Foods After Merger
Amazon.com Inc. (NASDAQ:AMZN) and Whole Foods Market (NASDAQ:WFM) have announced a number of changes that will come with the closing of their merger. Amazon’s $13.7 billion acquisition of Whole Foods will close on Monday August... More of this article »
Seattle is Now a Bike-Sharing Industry Leader
Seattle, Washington has long been known for its cloudy days and great coffee. However, the city has another new distinction – bike-sharing hotspot. Less than five months ago, the city shut down its struggling bike-sharing system,... More of this article »
Analysts Say Victoria’s Secret Is Not Aware of Shoppers’ Wants
Victoria’s Secret is moving ahead with its plan to introduce more of its padded bras during the 2017 second six months. Parent company L Brands Inc. said Victoria’s Secret was maintaining its plan to push its constructed bras in... More of this article »
Walmart Same Store Sales Up, Purchases Online Increase 60%
Walmart reported on Thursday sales and earnings for its second quarter that beat Wall Street expectations, with the big-box retailer continuing to grow its business online. Fresh new digital initiatives along with an increase in the... More of this article »
Dick’s Sporting Goods Stock Hit by Poor Sports and Gun Sales
During trading on Tuesday afternoon, Dick’s Sporting Goods shares plunged after the sporting goods retailer came up short of expectations and cut its forecast for earnings. The price of Dick’s shares plunged 18% after gains during... More of this article »
Fosun and Shanghai Pharmaceuticals Bid for Arbor Stake
Shanghai Pharmaceuticals Holding Company and a unit of Fosun Group in China are amongst the bidders to acquire a stake in Arbor Pharmaceuticals LLC a U.S. based specialty drug maker, the companies announced on Monday. The bids have... More of this article »
Amazon May Begin Selling Tickets to Events
Amazon might start selling event tickets, says a new report by an international news agency. The giant in e-commerce has studied the ticket sales space, which for the most part is dominated in the United States by Ticketmaster owned... More of this article »
Sales at Macy’s Drop for the Tenth Consecutive Quarter
On Thursday, iconic department store chain Macy’s announced that is comparable sales had dropped by 2.8% during its second quarter. That marked the tenth straight three-month period of declines for the department store retailer. However,... More of this article »
Self-Driving Cars Race Narrowing Due to Doubts Over Profit
Daimler and BMW, the world’s two top makers of luxury vehicles, have announced strategic alliances with their suppliers, touting the advantages of having a larger pool of engineers to continue development of an autonomous vehicle. However,... More of this article »
Dunkin’ Donuts Considering Rebranding to Dunkin’
Popular donut and coffee house Dunkin’ Donuts will unveil a new store in August that will be called Dunkin’. Later in 2017 a few other stores called just Dunkin’ will open. The owner of Dunkin’ Donuts, Dunkin’ Brands said... More of this article »
Yelp Shares Soar on Unexpected Profit and Eat24 Sale
Shares of Yelp rallied by up to 20% in trading afterhours on Thursday following the announcement it was selling one of its companies to GrubHub and would buy back shares worth $200 million. Yelp will sell its Eat24 business, an online... More of this article »
Hollywood Spending by Amazon Surges
Amazon.com is ramping up its dollars it is spending on the creating as well as licensing of films and television shows, signaling that the e-commerce giant is planning to stay in show business long term. The issue was at the forefront... More of this article »
Apple Asks India Government for Tax Breaks for its Suppliers
Apple Inc. has asked the government of India to give tax breaks to the iPhone maker’s suppliers if the south Asia country wants to become one of the manufacturing hubs for the iPhone and its many components. Officials in India say... More of this article »
Customers Of Wells Fargo To Be Refunded $80 Million Over Car Loan Insurance Issue
Over half a million Wells Fargo auto loan clients who received improper charges for auto insurance will be given refunds amounting to approximately $80 million. Some of those practices happened between 2012 and early this year. In... More of this article »
JD.com Parts Ways With Logistics Partner Tiantian
JD.com, an online retailer based in China, has cut off ties with Tiantian, a courier group. The second largest online retailer in China after Alibaba told merchants to avoid using the services of Tiantian. This comes three months after... More of this article »
JPMorgan Chase Introduces A New Mortgage-Backed Securities Index
JPMorgan has launched a new securities index known as MAX. In the new index mortgage-backed securities of 20 years, 15 years and 30 years are combined. Tracking error is reduced since updates are made beginning with the sixth business... More of this article »
Exxon Fined By Treasury For Violating Sanctions
The U.S. Department of Treasury has ordered to ExxonMobil to pay a fine of $2 million for disregarding sanctions that had been imposed by the United States government on Russia. Violation of the sanctions occurred when Rex Tillerson,... More of this article »
Analysis Claims US Postal Service Subsidizes Amazon’s Parcel Deliveries
Josh Sandbulte, a money manager and shipping industry analyst, has claimed that the United States Parcel is subsidizing Amazon’s parcel shipping efforts. About 66% of Amazon’s deliveries in the U.S. are made by USPS. According... More of this article »