Home » Archive for October, 2014
Google Leading The Race For Fast Track Patents (NASDAQ:GOOGL)
Google Inc. has been making extensive use of a government program administered by the U.S. Patent and Trademark Office that expedites patents for businesses willing to pay an additional fee for the service. The fast-track program,... More of this article »
Chicken Products from Bell and Evans Recalled
Close to 32,000 pounds of chicken products that were breaded and gluten-free have been recalled by the United States Department of Agriculture from Murry’s Inc due to having a risk of staphylococcus contamination. The products recalled... More of this article »
Profit at Credit Suisse More Than Doubles
On Thursday, Credit Suisse said that its profit during the third quarter more than doubled as the Switzerland based bank was able to benefit from gains in its business of fixed income and stronger equity underwriting in its investment... More of this article »
Oscar de la Renta Dead at 82
Oscar de la Renta the iconic fashion designer died Monday at the age of 82. The designer had been diagnosed in 2006 with cancer. De la Renta was born in 1932 in the Dominican Republic and left the island nation at age 18 to study art... More of this article »
FCC Looking Into 5G Networks
The U.S. Federal Communications Commission through its Commissioner Jessica Rosenworcel has said it will look to infinity and beyond in order to harness new technology that could help to build the next generation of connections for... More of this article »
New Apple iPads Introduced (NASDAQ:AAPL)
Apple has released two new iPad designs in efforts to reignite sales of the popular tablet computing devices. Apple’s chief executive, Timothy D. Cook, unveiled the new devices in front of journalists and Apple employees at the company’s... More of this article »
Stock Market Believes AbbVie Shire Deal has Died
If one used the stock market as an indicator, then investors already are of the belief that the $54 billion AbbVie takeover of Shire has died. Shares of Shire tumbled nearly 25% Wednesday in midday trading in London, wiping away nearly... More of this article »
Saudis Privately Say Lower Oil Prices Will Stay
Saudi Arabia has quietly told participants in the oil market that Riyadh is fine with oil prices being markedly lower for a long period, which is a sharp shift of policy that might be aimed at slowing down the expansion by rival producers... More of this article »
Monsanto Records $156 Million Loss For Fourth Quarter (NYSE:MON)
Monsanto Co. reported that the company recorded a loss of $156 million in the latest quarter, a loss that was considerably higher than expected. The loss amounted to about 31 cents per share. Analysts expected a loss of around 24 cents... More of this article »
Gilead New Medication More Expensive than Sovaldi
On Friday, Gilead Sciences won approval from the U.S. Food and Drug Administration for a follow up drug to Sovaldi its hepatitis C drug that has become very controversial. The new treatment is actually more expensive that the $1,000... More of this article »
HTC Launches New Phone and Action Camera
During a press event in New York City on Wednesday HTC launched two new electronic devices: a smartphone with a front-facing high-resolution camera and an action cam made tor operation with just on hand. The Desire Eye has a screen... More of this article »
Samsung Electronics Heading for Drop in Profits
Samsung Electronics Co is headed for its first earnings drop for a year since 2011, after revealing its profit for the quarter July through September would be its lowest in over three years and that prospects for the short-term were... More of this article »
Amazon Warehouse Business Practices Under Scrutiny From Justice Department (NASDAQ:AMZN)
The Supreme Court is poised to hear arguments regarding some of Amazon’s employment and business practices regarding workers in their large warehouse units. A class action lawsuit was filed in 2010 alleging that Amazon and its contractors... More of this article »
Redbox Instant To Shut Down
Netflix has beaten another competitor. The Verizon and Redbox streaming service, Redbox Instant, will officially throw in the towel on October 7. Those subscribing to the service of $6 a month received an email informing them that... More of this article »