Home » Archive for May, 2015
Apple Enhancing Mobile Payment Offerings (NASDAQ:AAPL)
According to sources close to the company, Apple will announce details about enhancing its Apple Pay mobile payments platform at its software conference next month. As more consumers show that they are willing to make purchases using... More of this article »
Abercrombie & Fitch Miss Expectations With Results
On Thursday, struggling retailer Abercrombie & Fitch reported a drop in revenue and loss that was wider than had been expected during its first quarter, although the teen retailer said it is expecting to see sales trends improve... More of this article »
Taco Bell and Pizza Hut Eliminating Artificial Ingredients
Taco Bell and Pizza Hut announced that they are eliminating the artificial flavors and colors, which makes them just the most recent big company in the fast food industry to put a distance between themselves and ingredients consumers... More of this article »
West Coast Port Workers Approve Contract
Dockworkers from 29 ports on the West Coast have voted to ratify a tentative agreement by an overwhelming majority for a new contract of five years with shipping companies that was reached back in February, said union leaders late... More of this article »
Gap Profit Lower in First Quarter by 8%
Gap Inc posted a decline in its profit for the first quarter of 8%, as results took a hit from currency fluctuations as well as sluggish sales at its Banana Republic and namesake stores. The company, based in San Francisco however... More of this article »
Yahoo Tries to Calm Down Investors
Yahoo sought to keep investors calm after worries that the Internet giant would have to pay tax on its Alibaba spinoff stake, which sent Yahoo shares lower by close to 8%. The company said late Tuesday that any possible change to the... More of this article »
Verizon Makes Deal To Buy AOL (NYSE:VZ)
Verizon Communications has announced that it has reached a deal to buy AOL for $4.4 billion. The acquisition is just the latest in a series of steps to transform Verizon into a competitive threat across the technology, telecommunications,... More of this article »
Many Probiotics that are Labeled “Gluten Free” Contain Gluten
A number of probiotic supplements have small quantities of gluten. However, whether those traces can be harmful for those who cannot eat gluten remains unknown, said a recently released study. Researchers tested a total of 22 probiotics... More of this article »
Dairy Queen Removing Soda Form Kids Menu
Dairy Queen will start introducing children’s menus that have healthier choices in its different franchises. The decision of removing soft drinks from the menu list for children came from the alarming reports indicating the risk... More of this article »
Nearly Three-Fourths Of Web Users Visited Facebook Last Month (NASDAQ:FB)
According to research from GlobalWebIndex, 73 percent of Internet users visited the Facebook website last month. The number of visits to the Facebook website has remained steady over the last eight quarters, according to the data.... More of this article »
Instant Articles is Launched by Facebook
The long rumored Facebook new platform named Instant Articles launched on Thursday with news content from Blid, Spiegel, BBC News, The Guardian, The Atlantic, NBC, BuzzFeed, National Geographic and the New York Times. According to... More of this article »
Capital Worries Pressure UniCredit
Core capital at the biggest bank in Italy by assets, UniCredit, moved higher during the 2015 first quarter, but not sufficient enough to suppress the jitters of investors, which sent shares lower. The net profit at the bank for the... More of this article »
Digital is Behind Purchase of U-T by LA Times
Austin Beutner has a task of protecting his different print dinosaurs from becoming extinct while nurturing the newer businesses that could someday be there replacements. Beutner is the publisher and CEO of the Los Angeles Times, whose... More of this article »
Intel Helps Chinese Company Create 3D Printed Robot (NASDAQ:INTC)
Intel surprised participants of the annual Intel Developer Forum by teaming up with a Chinese company to create a 3D printed robot based on its iconic mascot. The robot is 1 meter tall and has a host of activities it can complete,... More of this article »
Yelp Stock Surges on Potential Sale Rumors
Rumors that Yelp the service that provides consumer reviews is exploring a possible sale, caused the stock of the company, based in San Francisco, to surge by over 23% on Thursday. A report by a national newspaper prompted analysts... More of this article »
Motorola Solutions Results Top Forecasts
Motorola Solutions the maker of communications equipment reported profit on Tuesday for its first quarter that dropped from the same period last year despite better operating margins, reflecting a loss from its discontinued operations... More of this article »
McDonald’s Speeds Up Refranchising
McDonald’s will accelerate refranchising as well as realign markets in its bid to revive the struggling fortunes at the largest fast food chain in the world, said Steve Easterbrook the CEO on Monday. With only two months at the helm... More of this article »