Home » Archive for September, 2014
CEOs at Prada Investigated by Italian Authorities
The CEOs at Prada SpA are under investigation over the accuracy of tax filings in the past as individuals. The investigators are from the Italian Judicial Authority. Patrizio Bertelli and Miuccia Prada were told of the probe by the... More of this article »
Blackberry Announces $207 Million Loss In Second Quarter (NASDAQ:BBRY)
Blackberry has announced that the company ultimately loss $207 million in the second quarter of its fiscal year. The company reported revenue of $916 million for the quarter, $50 million less than revenue reported in the first quarter... More of this article »
Turmeric Could Help Brain Growth
The spice that is typically used in the different curries could help the ability of the brain to heal itself, said new research in Germany out of the Institute of Medicine and Neuroscience. The findings of the new research, which were... More of this article »
Clayton Kershaw wins 21st Game and Helps Clinch NL West
The Los Angeles Dodgers clinched the National League West division on Wednesday night behind another dominating performance by southpaw ace Clayton Kershaw who won his 21st game. On Wednesday, the magical season that Kershaw has enjoyed... More of this article »
Coca-Cola Pledges To Limit Calories In Popular Drinks (NYSE:KO)
Coca-Cola has pledged to take action against the American obesity epidemic by limiting the amount of sugary calories in many of its popular drinks. The pledge was made at the 10th annual Clinton Global Initiative held in New York.... More of this article »
Crackdown on Corporate Inversion Applies Pressure on AstraZeneca and Shire
A number of healthcare stocks including Cosmo Pharmaceuticals SpA, Actelion Ltd and AstraZeneca all slumped in European trading on Tuesday. The stocks were viewed as less likely to be targeted for takeovers after an official from the... More of this article »
Angelina Jolie Effect Has Doubled the Number of Cancer Tests
The surprise announcement by Angelina Jolie last year that she underwent a double mastectomy as a preventive measure has been influential in doubling the referrals for genetic breast cancer exams. The actress made her decision following... More of this article »
Sierra Leone Starts Controversial Shutdown for Ebola
Sierra Leone launched its controversial shutdown of three days on Friday in an attempt to contain the spread of the deadly Ebola virus. The Security Council of the United Nations declared the outbreak of the deadly disease a threat... More of this article »
Yelp Settles Charges with FTC over Child Privacy
Yelp agreed it would pay $450,000 to the Federal Trade Commission in the United States for charges that the company had accepted registrations for its services from children less than 13 years of age through its apps. On Tuesday, the... More of this article »
Has corporate golf had its day?
It might have been with us for decades, but the corporate golf day is still an effective business tool. In 2014, the world is your oyster when it comes to corporate entertainment. Whether you are looking to strengthen your relationship... More of this article »
Venezuela: Obsessed with Plastic Surgery Creates Widespread Implants Shortage
The chronic shortages that have plagued Venezuela are now encroaching on one of the cultural cornerstones of the country: breast augmentation. Venezuelans are known to be obsessed with beauty and are now facing a scarcity of breast... More of this article »
Peterson Indicted For Child Abuse
Texas authorities said Minnesota Vikings player Adrian Peterson turned himself in to law enforcement after being indicted on a charge of child abuse. Peterson used a branch to discipline his child. He was quickly deactivated by the... More of this article »
Lululemon Sees Lower Profit, Fights to Recover
Lululemon Athletica the retailer of yoga wear has reported a profit for the second quarter that was lower of $48.6 million. The retailer continues making efforts to recover from stumbles, which have hurt the reputation of the company. The... More of this article »
Facebook Valuation Rises To More Than $200 Billion (NASDAQ:FB)
Facebook is now one of the world’s biggest companies with an estimated valuation of more than $200 billion. According to data compiled by Bloomberg, the current valuation of the company is $201.6 billion, making it the 22nd- largest... More of this article »
Amazon Slashes Price of Fire Phone to 99 Cents
Amazon the global e-commerce behemoth has cut its prices for the Fire Phone, its flagship mobile handset to 99 cents from $198.99 only two months after the launch of the first smartphone by the company. The version with 32GB will now... More of this article »
Google Refunding Millions for Charges Children Made
Google announced that it will pay complete refunds that total as much as $19 million to consumers that had their accounts charged for purchases that their children made for apps without the parental consent needed. The apps were purchased... More of this article »
Stroke Risk Possibly Reduce by Eating Food Rich in Potassium
For women who are older, eating foods rich in potassium might lower the risk of suffering a stroke, found a new study. Researchers studied over 90,000 women between the ages of 50 and 79 for an 11-year average. They looked at the amount... More of this article »
Boost Mobile Lowers Prices and Doubles its Data
A new offer by Boost Mobile shows it is getting aggressive with its prices for a limited time. The wireless provider is increasing the ante on its prepaid plans. The service, which is a unit of Sprint, is slashing each month to month... More of this article »