Home » Archive for February, 2015
Sears To Spin Off Hundreds Of Profitable Stores (NASDAQ:SHLD)
Sears Holdings Corp. has announced plans to spin off up to 300 of its most profitable stores into a separate company in the next few months. The stores would be sold into real-estate investment trust, after which Sears would rent those... More of this article »
CDC Investigating Link of Deadly Bacteria to Doctor’s Offices
The U.S. Center for Disease Control has raised another red flag about a bacteria that is potentially deadly that might be lurking inside your doctor’s office. This bacteria, C. difficle, is found typically inside hospitals, but a... More of this article »
Card Game Exploding Kittens Passes Ouya’s
Exploding Kittens earned itself a number of believers. Initially, the Kickstarter brainpower said the new card game of exploding kittens would be popular. However, it was not predicted how vastly popular the game would eventually become. While... More of this article »
Wal-Mart Raising Wages For Half-million Employees
Wal-Mart Stores Inc. has made an announcement that the company would be raising the wages of about a half-million of its workers in the United States this year. Wal-Mart is currently the nation’s largest private employer with... More of this article »
Kurt Busch Exhausts Appeals, Suspended for Daytona 500
A final appeal upheld the suspension by NASCAR on Saturday night of Kurt Busch from the Daytona 500. Bryan Moss the President of Gulfstream made the final decision that ended the slim hopes for Busch of racing on Sunday in NASCAR’s... More of this article »
Sim Card Makers Hacked by Intelligence Agencies
British and U.S. intelligence agencies hacked major Sim cards manufacturer to steal codes that would facilitate the eavesdropping on mobile handsets, said a news website in the U.S. The Intercept said that these revelations came from... More of this article »
Berkshire Buys 21st Century Stake
Berkshire Hathaway, the investment company owned by billionaire Warren Buffett increased its media holdings during the 2014 fourth quarter by acquiring a stake in Robert Murdoch’s company 21st Century Fox. In a regulatory quarterly... More of this article »
Google Announces YouTube Version Of Popular Channel For China (NASDAQ:GOOGL)
Google has announced the launch of a Chinese version of its popular YouTube channel for Google developers. This new channel will increase Chinese developers’ access to information and resources about Google’s products and services.... More of this article »
Markets Hold Their Breath Before Greek Talks
Global shares reached their highest in almost five months Monday, while the euro was able to firm up. Investors are cautiously optimists that finance ministers from the euro zone will reach a new deal to shore up the dwindling finances... More of this article »
Gene-Altered Apples Given FDA Approval
The U.S. Department of Agriculture on Friday gave approval for the commercial planting of apples that are genetically engineered and resistant to becoming brown after being bruised or sliced. Okanagan Specialty Fruits, the developer... More of this article »
IRS: Little Can be Done About Soaring Tax Refund Fraud
During this year’s tax season, it is expected that tax-refund fraud will soar to hit an incredible $21 billion by the beginning of 2016, from only $6.5 billion in 2013, according to information released by the Internal Revenue Service. The... More of this article »
Coca-Cola Passes Profit Estimates on Price Increase
The largest beverage company in the world, Coca-Cola co, reported profit for the fourth quarter that beat Wall Street, helped from its efforts in cost cutting and a shift toward drinks with higher prices. Excluding certain items, the... More of this article »
Low Rates of Vaccinations in Colorado Results in Illnesses
A low vaccination rate in Colorado resulted in more preventable illnesses during childhood and extra costs for the state’s hospitals during 2013, according to one local study just released. There were over 538 cases reported during... More of this article »
Verizon Selling Assets worth $15 Billion
On Thursday, lightning hit twice as the telecom giant announced an asset sale of $15.5 billion in two individual transactions. Verizon said it would sell its wireless business in Florida, California and Texas to Frontier Communications,... More of this article »
Anthem Hack Exposes Data Of 80 Million Consumers (NYSE:ANTM)
Roughly 80 million people have has their personal information exposed through a hack on Anthem’s computer systems. Anthem admitted that its systems were breached through a sophisticated cyberattack in letters to customers sent out... More of this article »
Half of People in the UK Will Develop Cancer
In a prepared statement, Cancer Research UK has said that one out of every two people will develop cancer at some point during their lives. The estimate, which the group said uses a new method of calculation, replaced a prior forecast... More of this article »