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Amgen and Novartis Migraine Medicine Approved by FDA

Amgen and Novartis Migraine Medicine Approved by FDA

The U.S. Food and Drug Administration approved on Thursday a new migraine treatment by Amgen and Novartis that doctors have said could change the lives of patients through lowering the count of migraine days patients suffer each month. Aimovig,... 
Starbucks Wants to Triple Revenue in China in Four Years

Starbucks Wants to Triple Revenue in China in Four Years

Starbucks Corp. announced that it wants to triple revenue as well as double its number of stores in China during the next four years, doubling down there as growth in the U.S. comes under heavy pressure. The coffeehouse chain recently... 
Employment in UK Increases but Strong Growth in Wages Elusive

Employment in UK Increases but Strong Growth in Wages Elusive

British employers have hired many more employees that were expected during the early part of 2018, but growth in wages has not yet accelerated, according to new figures released leaving the Bank of England waiting for any signs the... 
Facebook Stock Rebounds from Loss of $134 Billion

Facebook Stock Rebounds from Loss of $134 Billion

Following reports by the New York Times and the Guardian on March 18 that 50 million profiles on Facebook were harvested by Cambridge Analytica the data company, to be used for psychographic profiles in what at that time was called... 
Dish Network Revenue Comes Up Short on Losses from Pay-TV

Dish Network Revenue Comes Up Short on Losses from Pay-TV

Dish Network Corp posted revenue for its first quarter that came up short of expectations on Wall Street Tuesday as more subscribers to satellite TV canceled packages, per customer revenue dropped, and viewers chose less expensive... 
Gannett Posts Net Loss as Digital Revenue Cannot Offset Print Revenue Decline

Gannett Posts Net Loss as Digital Revenue Cannot Offset Print Revenue Decline

Gannett, which is the owner of the USA Today as well as 109 other local media products, said on Monday that digital revenue growth was not able to offset the declines it suffered in traditional advertising and publishing during the... 
Former CEO at Volkswagen Indicted in Emissions Scandal

Former CEO at Volkswagen Indicted in Emissions Scandal

Former CEO of Volkswagen Martin Winterkorn has been indicted as were five other former executives with VW on Thursday. The six were charged with fraud and conspiracy in connection with a scheme in which the German automaker used software... 
Maker of Gibson Guitars Files for Bankruptcy Protection

Maker of Gibson Guitars Files for Bankruptcy Protection

Gibson Brands has made guitar history over the years as entertainers Elvis Presley, B.B. King and Keith Richards used them. However, a financial fall of devastating proportion forced the guitar maker into filing for Chapter 11 bankruptcy... 
T-Mobile to Merge With Sprint in $26 Billion Deal

T-Mobile to Merge With Sprint in $26 Billion Deal

T-Mobile and Sprint will merge in a deal that creates a bigger No. 3 wireless carrier in the United States, but may signal an end to the era of aggressive competition for subscribers. The merger, which is all-stock, was announced on... 
Amazon Profits More Than Double, Prime Price Hike

Amazon Profits More Than Double, Prime Price Hike

Amazon.com Inc. posted a profit on Thursday that was more than double that of the same period one year ago and has predicted results for the spring as the largest online retailer in the world raised its price for Prime subscribers... 
Caterpillar Shares Fall on Concerns Steel Tariffs Could Increase Costs

Caterpillar Shares Fall on Concerns Steel Tariffs Could Increase Costs

Caterpillar Inc. stock plunged Tuesday, giving up its earlier gains due to concerns that the rising cost of materials could squeeze its profit margins following the tariffs U.S. President Donald Trump placed on imports of steel. Those... 
Sensor Maker AMS Warns of Slowdown During Second Quarter

Sensor Maker AMS Warns of Slowdown During Second Quarter

On Monday, chip and sensor maker AMS posted sales for the first quarter that were close to the lower end of guidance it released earlier and warned a downturn would take place after receiving weaker orders from a large customer. The... 
President Donald Trump Criticizes High Price of Oil

President Donald Trump Criticizes High Price of Oil

U.S President Donald Trump has accused OPEC of artificially increasing the price of oil, which drew rebukes from some of the top energy exporters of the world. Trump on Twitter wrote that it appeared OPEC was artificially boosting... 
Facebook Outlines Changes Needed for Strict New Privacy Law in Europe

Facebook Outlines Changes Needed for Strict New Privacy Law in Europe

Facebook will start asking its users if their personal information can be used to help power services such as facial recognition in an attempt to help the social media giant comply with a big new data law in Europe that will take effect... 
WPP Founder and CEO Resignation Weighs on Stock

WPP Founder and CEO Resignation Weighs on Stock

Shares at advertising giant WPP were down 5% to open trading on Monday in London as investors reacted to the announcement over the weekend that long-time CEO and founder of the ad giant Sir Martin Sorrell was leaving. Sorrell on Saturday... 
Zillow Intending to Purchase and Flip Houses

Zillow Intending to Purchase and Flip Houses

Real Estate listings business Zillow Group will start buying homes and flipping them, a risky proposition that is untested for the internet based company that could hurt its traditional brokerage company. On Thursday, Zillow announced... 
Infamous con artists ponzi schemes – The Top Ones to Know About

Infamous con artists ponzi schemes – The Top Ones to Know About

If you are looking to invest your money and seemingly getting good returns, ones that are too good to be true, it probably is. You night be a victim of a ponzi scheme. What is it? Duping people by promising them of unbelievably high... 
Novartis Acquires AveXis for $8.7 Billion

Novartis Acquires AveXis for $8.7 Billion

Novartis has decided to move deeper into gene therapy with a deal to acquire AveXis for $8.7 billion that gives the drug maker, based in Switzerland, a treatment for rare disease that is expected to take in billions of dollars and... 
President Trump Looking at Options on Amazon

President Trump Looking at Options on Amazon

On Thursday, while traveling aboard Air Force One, U.S. President Donald Trump told reporters that he would be taking a look at policy options he has to address what he labeled unfair business advantages enjoyed by Amazon.com Inc.... 
Amazon Might Make Offer to Acquire Flipkart in India

Amazon Might Make Offer to Acquire Flipkart in India

Amazon.com Inc. might make an offer to acquire India’s e-commerce company Flipkart, which is in negotiations with Walmart for a tie-up, local media have reported. The two colossal retailers are jostling for dominance in the booming... 
Lord & Taylor, Saks Hit by Data Breach

Lord & Taylor, Saks Hit by Data Breach

The payment systems for Lord & Taylor and Saks Fifth Avenue department stores were breached by hackers who stole the data from credit cards for millions of the stores’ shoppers. This is just the latest intrusion in a series that... 
Report: Walmart Begins Negotiations to Acquire Insurer Humana

Report: Walmart Begins Negotiations to Acquire Insurer Humana

Walmart is holding preliminary talks with Humana, the health insurer based in Louisville, Kentucky, on possibly purchasing the insurer, says a report in the news. No terms on a deal have been released by either of the two parties.... 
Max Polyakov Shared His Opinion About the Future of the Economics of Knowledge

Max Polyakov Shared His Opinion About the Future of the Economics of Knowledge

Max Polyakov, a PhD in International Economics and managing partner of Noosphere Ventures, considers that knowledge will become the main value in the economy of the future. The economics of knowledge as an emerging business model will... 
SoftBank and Saudi Arabia Planning Largest Solar Project Ever

SoftBank and Saudi Arabia Planning Largest Solar Project Ever

SoftBank and the Kingdom of Saudi Arabia are planning on cashing in on the sunshine in the Middle East by building a solar project that would cost $200 billion in the oil-rich nation. Saudi Crown Prince Mohammed bin Salman and the... 
More New Slot Games Released

More New Slot Games Released

Casino games software developers are arguably the most industrious lot in the business industry. This is evident because of the continuous launching of new and better slot machines on a regular basis. Slots are becoming more exciting,... 
Easily Afford the Handheld Gaming Console

Easily Afford the Handheld Gaming Console

Nowadays video games are available for all devices such as phones, PCs and gaming consoles. People from every age love to play games. But if you want to play different video games on phones, then phones require more battery life, memory,... 
JD Sports Makes Footprint in U.S. Market with Finish Line Acquisition

JD Sports Makes Footprint in U.S. Market with Finish Line Acquisition

JD Sports Fashion, which is Britain-based, is entering the lucrative market of the U.S. after acquiring Finish Line for a cash price of $558 million, said the sportswear retailer on Monday. Increasing demand for branded sportswear... 
Dropbox IPO Pricing At $21 Per Share

Dropbox IPO Pricing At $21 Per Share

The initial public offering of Dropbox Inc. may help end the lack of Silicon Valley companies from going public thanks to their own high private valuations. After a target value in its private funding of 2014 was $7.5 billion, strong... 
Salesforce Acquires MuleSoft in Expansion Move

Salesforce Acquires MuleSoft in Expansion Move

Salesforce Inc. has agreed to acquire MuleSoft Inc. for $6.5 billion, which represents its largest acquisition ever, as the leader in the market for customer-relationship software goes on an expansion quest for new products as well... 
CEO Quits at Micro Focus International Sending Shares Plunging

CEO Quits at Micro Focus International Sending Shares Plunging

Shares of the software company, which bought Hewlett Packard Enterprise assets, have plunged more than 50% Monday after the company reduced its forecast for revenue and announced its CEO had resigned. Micro Focus International, based... 
Largest Radio Company in U.S. Files for Bankruptcy Protection

Largest Radio Company in U.S. Files for Bankruptcy Protection

On Thursday, iHeartMedia Inc. filed for bankruptcy protection as the largest radio station owner in the U.S. was able to reach an agreement with its creditors for the restructuring of its huge debt load. The company said that it had... 
Women at Microsoft Filed More than 230 Harassment and Discrimination Complaints

Women at Microsoft Filed More than 230 Harassment and Discrimination Complaints

Women working at Microsoft Corp., in technical jobs based in the U.S. filed 238 internal complains over sexual harassment and gender discrimination from 2010 to 2016, showed court documents that became public Monday. That figure was... 
Chairman of Qualcomm Steps Down, Intel May Bid for Broadcom

Chairman of Qualcomm Steps Down, Intel May Bid for Broadcom

Paul Jacobs the longtime chairman with Qualcomm Inc., will take a reduced role on the board of directors for the company, a move that is aimed at making angry shareholders less upset as the cellular giant based in San Diego attempts... 
Cigna Acquiring Express Scripts for $67 Billion

Cigna Acquiring Express Scripts for $67 Billion

Health insurer giant Cigna Corp. has announced that it will buy Express Script Holding Company in a transaction of cash and stock that is valued at approximately $67 billion and includes the assumption by Cigna of $15 billion of debt... 
Lego Knows It Made Too Many Pieces

Lego Knows It Made Too Many Pieces

= Lego, the toymaker now admits it made too many of its plastic interlocking bricks. The toymaker announced that its sales and profit had dropped for just the first time in the last 13 years, blaming its weak performance on the need... 
J.C. Penney Releases Muted Outlook, Cuts Jobs

J.C. Penney Releases Muted Outlook, Cuts Jobs

J.C. Penney the department store chain said it cut over 300 jobs and posted disappointing same stores sales for its quarter that including the all-important holiday shopping season. It also released a muted outlook. Shares fell by... 
Gaming Has Now Become Integral To Brand Success

Gaming Has Now Become Integral To Brand Success

When it comes to the gaming, it’s comfortably one of the biggest and most popular forms of entertainment on the planet. The gaming industry as a whole is dominating on a global scale, with its numerous different forms which come... 
Best Buy to Shutter 250 Mobile Phone Locations

Best Buy to Shutter 250 Mobile Phone Locations

The No. 1 retailer for consumer electronics in the U.S., Best Buy said on Wednesday it would be shuttering 250 mobile phone stores it has in malls across the U.S. as it attempts to find ways to operate on a more profitable basis and... 
Comcast Makes $31 Billion Offer to Acquire Sky

Comcast Makes $31 Billion Offer to Acquire Sky

The largest United States cable operator, Comcast Corp., made an offer of $31 billion on Tuesday to buy Sky, a direct challenge to Walt Disney and Rupert Murdoch’s Fox for the pay-TV European company. Comcast, a media giant worth... 
Citigroup to refund $335 Million After Charging Too Much Interest

Citigroup to refund $335 Million After Charging Too Much Interest

Citigroup Inc., one of the largest issuers of credit cards in the world said it would refund $335 million to customers in the U.S. who should have had a lower annual percentage rate. The lender was able to determine that a method it... 
Roku Stock Plunges on Poor Forecast

Roku Stock Plunges on Poor Forecast

Investors became jittery with Roku Inc. over the financial expectations for the year but there is something positive to take from the poor forecast. The story being sold by Roku to its investors is still intact and headed for a huge... 
Is Crypto Trading the same as Spinning a Roulette Wheel?

Is Crypto Trading the same as Spinning a Roulette Wheel?

Cryptocurrency is something that not many of us would have heard of until just recently. Now, cryptocurrencies such as Bitcoin have suddenly started to gain more mainstream attention, and a lot more ordinary folk are looking to invest... 
Albertsons to Buy Rite Aid Locations

Albertsons to Buy Rite Aid Locations

Albertsons Cos. is planning to buy the remainder of Rite Aid Corp that will not be part of the deal with Walgreens Boots Alliance, as retailers of all sizes and shapes scramble in response to a consumer shopping environment that is... 
Sources: Owners of Winn Dixie and Tops Preparing to File Bankruptcy

Sources: Owners of Winn Dixie and Tops Preparing to File Bankruptcy

Two supermarket chains in the U.S. are readying filings for bankruptcy said sources with knowledge of this matter, another sign of mounting pressures across the grocery industry. The owner of Winn-Dixie supermarket Bi-Lo LLC is said... 
Berkshire Hathaway Buys Teva and Sells IBM

Berkshire Hathaway Buys Teva and Sells IBM

Billionaire investor Warren Buffett has bought a stake in a drug maker while selling a stake in IBM. Buffett’s company Berkshire Hathaway recently bought of stake of $358 million in Israel-based Teva Pharmaceutical a maker of generic... 
Amazon Making Job Cuts, Shifting Resources

Amazon Making Job Cuts, Shifting Resources

Amazon is eliminating hundreds of jobs in order to shift its resources to businesses that are fast growing. The number of layoffs will be in the “low hundreds” as the company shifts allocation of its resource to businesses it says... 
Amazon Will Launch Its Own Delivery Service for Businesses

Amazon Will Launch Its Own Delivery Service for Businesses

Beginning in Los Angeles, e-commerce giant Amazon is set to launch its own delivery service for businesses which one day could rival UPS and FedEx, said reports on Friday. The new service, Shipping With Amazon, delivers goods sold... 
What Secured Credit Cards can Teach You

What Secured Credit Cards can Teach You

We live during the times when the majority of people use credits for various personal and business needs. The banks gladly issue loans. People rarely give loans back without paying interest rates. So, the banks earn quickly. Though,... 
What Defines Cryptocurrency Rates?

What Defines Cryptocurrency Rates?

We all have been hearing about cryptocurrency since 2009 when it popped up on news from time to time making regular people, economists and IT professionals discuss its future. Now it sounds ridiculous, but back then people were sure... 
Amazon Launches Deliveries in Four Cities for Whole Foods

Amazon Launches Deliveries in Four Cities for Whole Foods

Amazon has introduced two-hour free delivery from Whole Foods Market to members of Prime in Austin, Texas, Cincinnati, Ohio, Dallas, Texas and Virginia Beach, Virginia. The service started on February 8. Prime customers in the four...