Home » Archive for July, 2014
McDonald’s Ruling Has Far Reaching Implications For Many Industries (NYSE:MCD)
A ruling against McDonald’s handed down by the general counsel of the National Labor Relations Board may have far reaching implications in a number of industries. The ruling held that McDonald’s could be held jointly liable for... More of this article »
General Motors Reports Disappointing Results After Safety Troubles (NYSE:GM)
In the second quarter, General Motors’ earnings dropped nearly 85 percent when compared to the same quarter last year. Much of the decline has been blamed on the recall crisis that has been affecting the company for months. The current... More of this article »
Reynolds American Posts Higher Profit
Reynolds American Inc announced that its profit from the second quarter climbed by 6.7% on higher moist-snuff and cigarette pricing that helped offset lower volumes of cigarette sales. Reynolds, like its peers, has struggled over recent... More of this article »
Rule of ObamaCare Returning $9 Billion to Consumers
Sylvia Burwell the Secretary of Health and Human Services announced this past week that consumers have saved more than $9 billion on premiums for health insurance since 2011 thanks to the Affordable Care Act. The 80-20 rule, which... More of this article »
Flonase Approved by FDA for OTC Use in U.S.
GlaxoSmithKline announced on Friday that the U.S. Food and Drug Administration has approved its over the counter allergy medication Flonase Allergy Relief, that gives temporary relief of upper respiratory allergies or hay fever symptoms. The... More of this article »
Coca-Cola Announces Disappointing Second Quarter Results (NYSE:KO)
Coca-Cola Co has announced their second quarter results, reporting that profit fell in the second quarter. The company’s net income fell to $2.60 billion, or 58 cents per share, from $2.68 billion, or 59 cents per share, in the... More of this article »
Joint Venture Between Exxon Mobile And Russian Company Reports Progress (NYSE:XOM)
Exxon Mobile, in conjunction with a Russian state energy company, has announced that the joint venture between them is making progress in its exploration of the Arctic Ocean for oil and natural gas. An Exxon drilling rig will be prospecting... More of this article »
Profit at Boeing Up with Strong Performance
With an increase in deliveries of commercial planes, Boeing has reported a rise of 1% in revenue on Wednesday for its second quarter. The company also enjoyed an increase of 52% in net earnings in comparison with the same period one... More of this article »
Layoffs Hit Microsoft Employees Hard (NASDAQ:MSFT)
Microsoft has made an announcement that the company will be laying off up to 14% of its workforce, possibly leaving up to 18,000 employees without a job. This would represent the largest layoff in the company’s history. Microsoft’s... More of this article »
You Are Not Your Addiction: 5 Ways to Beat the Stigma of Substance Abuse Disorders
Even after all the progress the recovery community has made in recent years, the stigma of addiction remains strong in our society. Stigma prevents addicts from seeking the help they need, and can linger for years, even decades, after... More of this article »
New Amazon E-Book Subscription Service Raises Some Eyebrows (NASDAQ:AMZN)
Amazon has unveiled a new e-book subscription service, but the titles that are missing from the service have raised some eyebrows. For $10 a month, the new digital subscription service, dubbed Kindle Unlimited, allows subscribers to... More of this article »
Hasbro Sees Sales Spike, But Profit Not Lifted
Hasbro the toymaker, the company that is behind Play-Doh, Nerf products and Monopoly, reported on Monday that during its fiscal second quarter for 2014, it turned around its boys segment that had struggled because of its Transformers... More of this article »
June Unemployment Rates Dropped in Nearly Half the States
With the Great Recession five years behind us, the latest report on joblessness and employment at the state level shows just how far the recovery in the economy has come and how far of a road, it still must go. The District of Columbia... More of this article »
7 Little-Known Factors That Can Affect Your Hearing
In the United States, hearing loss affects up to 40 percent of people over the age of 65 and as many as 3 million children. While it’s a relatively common problem, most people wait years to address their hearing loss, which can affect... More of this article »
PayPal Helps Fuel More Revenue at eBay
EBay Inc has posted an increase of 13% in its quarterly revenue as results that were better than expected from its PayPal division that is fast growing, helped the retailer overcome an increase in competition from Amazon.com as well... More of this article »
New Streaming Video Service from Lionsgate in China
Lionsgate the content firm that is global launched a streaming service that is by subscription called Lionsgate Entertainment World or LGEW, for the China mainland. The service features access to leading series from television and... More of this article »
Genome Sequencing Becomes More Affordable
Dr. Leslie Biesecker of the National Human Genome Research Institute and Dr. Robert Green of Brigham and Women’s Hospital in Boston recently co-authored guidelines for clinical genetic testing, which were published in the New England... More of this article »
Brain Eating Amoeba Infection Kills Girl
A Kansas girls who was just 9 years old, died after contracting a deadly infection from a brain-eating amoeba, said Kansas health department officials. The Department of Health in Kansas said a 9-year old girl likely contracted the... More of this article »
Antibiotics Listed as Last Resort Now in Jeopardy
The total number of antibiotics doses that were sold in pharmacies and clinics worldwide increased by 36% between 2000 and 2010, reported scientists on Wednesday. The new finding comes from a first of a kind study to look at the consumption... More of this article »
IBM Explores Additional Business Options In China (NYSE:IBM)
IBM has announced its intentions to explore business opportunities in China outside of its core technologies. IBM is planning to provide systems to the country that will improve China’s data collection, monitoring and forecasting... More of this article »
Walmart Smaller Stores Could be Answer to Growth Problems
Only weeks after being named the new CEO of the largest retailer in the world, Doug McMillion held a meeting at Walmart with his top management and told them to read The Everything Store a book written by Jeff Bezos the founder of... More of this article »
General Motors Hesitant To Issue Yet Another Recall (NYSE:GM)
General Motors has been asked to issue yet another recall of its vehicles, this time for trucks that can have a problem with their brake lines. At issue is 1.8 million full-size pickup trucks and sport utility vehicles that could experience... More of this article »
Bristol-Myers Squibb Treatment for Hepatitis C Approved
Japan approved the all-oral Sunvepra and Daklinzadual regimen from Bristol-Myers Squibb to treat those with hepatitis C, said the company on Monday. The combo-treatment, which is ribavirin- and interferon-free is the latest options... More of this article »
T-Mobile Customers Potentially Overcharged Millions (NYSE:PCS)
T-Mobile has been accused of overbilling its customers hundreds of millions of dollars in charges for services the customers never requested. The Federal Trade Commission claims that T-Mobile earned millions of dollars by taking a... More of this article »
Google Sanitizing Web Searches In Compliance With European Ruling (NASDAQ:GOOGL)
Google has announced that it has begun the process of scrubbing links from the web search results displayed when users type in certain search terms. Due to a European court ruling, individuals can now ask for links to information about... More of this article »
Taxi Companies in Maryland Sue Uber
Over 30 taxi companies in Maryland filed suit against Uber the ride sharing company that is growing in popularity. The suit was filed on Thursday and alleges violations of anti-trust laws and demands damages of an unspecified amount... More of this article »
Klinsmann’s Young Players Showed They Belong
The U.S. was knocked out of the World Cup on Tuesday by Belgium 2-1 in extra time. However, there were plenty of signs that good things are on the horizon for the Americans. Veteran goalkeeper Tim Howard made 16 saves, some of them... More of this article »