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Lowe’s To Buy Rona in Canada

Lowe’s To Buy Rona in Canada

Lowe’s Companies Inc the home improvement retailer based in the U.S. said it had agreed to purchase Rona Inc based in Canada in a deal worth C$3.2 billion or US$2.28 billion. Lowe’s previous bid was rebuffed by Rona, dealers as... 
Rumored Small iPhone Could Bring Apple a Big Moment

Rumored Small iPhone Could Bring Apple a Big Moment

A new iPhone 5se is rumored to be in the works and could find just the right spot amongst smartphone users for its size, features and price. The iPhone 5c could be Apple’s most confusing iPhone made. Released together with its sibling... 
Honda Operating Profit for Third Quarter Slides on Recalls

Honda Operating Profit for Third Quarter Slides on Recalls

Honda Motor Co posted an operating profit for the third quarter that dropped 22%, which was more than had been expected due to an increase in costs for the massive recall of vehicles worldwide due to air bag problems. The third largest... 
United Technologies Beats the Street on Profit

United Technologies Beats the Street on Profit

On Wednesday, United Technologies Corp reported profit for the fourth quarter that exceeded estimates of Wall Street analysts as the building systems and aerospace manufacturer lowered its costs to counter a global economy that has... 
New Google Tax Deal Does Not Silence Critics

New Google Tax Deal Does Not Silence Critics

Under a great deal of pressure, Google buckled and agreed it would pay millions to the government of the UK in back taxes. However, critics of the search giant remain unsatisfied. Google is the most recent global company targeted over... 
El Salvador Urging Against Pregnancies Due to Spread of Zika Virus

El Salvador Urging Against Pregnancies Due to Spread of Zika Virus

On Thursday, El Salvador urged women leaving in the Central American country to avoid becoming pregnant until 2018 in order to avoid their babies from developing birth defects due to the Zika mosquito borne virus that has rampaged... 
GM Purchases Ride-Hailing Sidecar’s Assets

GM Purchases Ride-Hailing Sidecar’s Assets

General Motors has increased its expertise in the ride-sharing/hailing arena. The Detroit-based automaker hired some employees and purchased the assets of recently shuttered Sidecar Technologies, a ride-sharing/hailing company that... 
Raw Cashew Pieces Recalled by Trader Joe’s for Risk of Salmonella

Raw Cashew Pieces Recalled by Trader Joe’s for Risk of Salmonella

Lovers of cashews might need to read this one. Trader Joe’s has issued a recall that went out on January 15 for the product known as Raw Cashew Pieces, due to a possibility of salmonella poisoning. The company sent an alert out to... 
Xiaomi Misses Sales Target for 2015 But Sells 70 Million Smartphones

Xiaomi Misses Sales Target for 2015 But Sells 70 Million Smartphones

On Friday, Xiaomi the China-based smartphone maker announced that it had shipped more than 70 million smartphones during 2015. Although a very high number, it was short of the company’s ambitious target of 80 million. Growing competition... 
Yum! Brands Sales in China Rose 1% During December

Yum! Brands Sales in China Rose 1% During December

Yum! Brands Inc, which operates KFC, Pizza Hut and Taco Bell, announced that December sales at same stores were up 1% across China, where a spinoff of operations will take place this year. Sales at comparable stores for KFC were up... 
David Bowie Dies at 69

David Bowie Dies at 69

Ultra talented musician David Bowie has died. The musician’s death was confirmed by his representative who said Bowie was 69. The singer was battling cancer for over the past year according to a post on his Facebook page. The statement,... 
White House Top Security Officials and Tech CEOs to Meet

White House Top Security Officials and Tech CEOs to Meet

Much of the leadership of the White House administration will fly to California and seek the help of tech firms to figure out the way to thwart terrorists who are using the Internet as a way to recruit as well as radicalize people... 
Profit from KB Home Misses Wall Street Expectations

Profit from KB Home Misses Wall Street Expectations

KB Home the homebuilder missed expectations for the most recent quarter ended following deliveries that were softer than had been expected and contract abandonment and inventory impairment charges, though its sales continued to reflect... 
Twitter Ready to Expand the 140-Character Limits

Twitter Ready to Expand the 140-Character Limits

Twitter appears as if it is ready to loosen a restriction that goes back a decade on the length of its messages in an attempt to make the service appeal to a broader audience accustomed to  the freedom that is offered by social media... 
Factory Activity in Euro Zone Ends with Growth in 2015

Factory Activity in Euro Zone Ends with Growth in 2015

The factory activity across the euro zone ended this past year with growth in each of the countries that were included in a survey that was made public on Monday, suggesting that growth in manufacturing over the past year in general... 
Cancer and Sugar: Tumor Growth Risk Increased with Western Diet

Cancer and Sugar: Tumor Growth Risk Increased with Western Diet

Large amounts of dietary sugar, more commonly found in a Western diet, might increase the risk of developing cancer, University of Texas researchers studied mice that were genetically predisposed to cancer of the breast and found those... 
Ashley Madison Rebounds with Millions of New Users

Ashley Madison Rebounds with Millions of New Users

They say that no publicity is bad publicity and for Ashley Madison, the site for men who want to have an affair that might very well be the case. A massive breach of data that exposed information of millions of spouses who were unfaithful... 
Rare Diseases Start to Show Their Face Again

Rare Diseases Start to Show Their Face Again

Diseases that have been considered rare, nearly wiped out or eradicated, especially across developed nations, are making a surprise and deadly comeback according to a just published study in London. Referred to by many as Victorian... 
Northrop Wins Deal for $93 Million to Manufacture Drone

Northrop Wins Deal for $93 Million to Manufacture Drone

Northrop Grumman Corp won a contract of just over $93 million to manufacture a full-scale demonstrator of an unmanned spy drone, a flying wing that has large counter rotating propellers, which could take off as well as land on frigates,... 
FDA Overturns Ban of 30 Years on Gay Men Donating Blood

FDA Overturns Ban of 30 Years on Gay Men Donating Blood

The government of the U.S. overturned on Monday its ban of 30 years on gay men donating blood saying they are now allowed to donate 12 months after having their last sexual contact with another male. The U.S. Food and Drug Administration... 
New Hack Has Government Officials Worried over Infiltration

New Hack Has Government Officials Worried over Infiltration

A major breach of the Juniper Networks computer system has officials in the U.S. worried that the hackers are working for a foreign government that has been able to spy on encrypted communications of the government as well as private... 
Netflix Re-launches App for Windows 10 for Tablets and PCs

Netflix Re-launches App for Windows 10 for Tablets and PCs

Netflix released a new Windows 10 app that is designed to work with a myriad of devices with Windows 10. Added to the Windows Store at Microsoft Wednesday the updated app now supports Windows 10 tablets and PCs from the start and will... 
Merck Does Not Gain Backing from FDA Panel for Vytorin

Merck Does Not Gain Backing from FDA Panel for Vytorin

Merck & Co should not be given the ok to claim Vytorin, its drug for lowering cholesterol, reduces the risk of strokes or heart attack in patients that have coronary heart disease, said an advisory committee on Monday to the United... 
Chemo with Suicide Gene Therapy Kills Cancer Cells in Prostate

Chemo with Suicide Gene Therapy Kills Cancer Cells in Prostate

The results of a clinical trial show that combining a treatment referred to as suicide gene therapy with chemotherapy successfully and safely kills tumor cells in the prostate. The suicide gene therapy involves a technique of genetically... 
United Reintroducing Free Snacks for Economy Passengers

United Reintroducing Free Snacks for Economy Passengers

Months after it announced a new Chief Executive who promised to hear feedback from customers, United Airlines responded, it will reintroduce free snacks beginning in February. Breakfast snacks, which the airline calls a small piece... 
No More Dental Fillings, No Drill Dentistry Stopping Decay

No More Dental Fillings, No Drill Dentistry Stopping Decay

Researchers in Australia found a way to prevent and stop tooth decay without the need to use the drill and the fill technique. A study of seven years showed preventive dental care is able to reduce the necessity for any dental fillings... 
TAG Heuer Connected Has Production Increase Due to Demand

TAG Heuer Connected Has Production Increase Due to Demand

One month ago, when TAG Heuer Connected was first launched, there were some people wondering if there was a market for a luxury Android smartwatch that cost $1,500. Apparently, the answer is yes since TAG Heuer said it must increase... 
To Help Merger AB InBev Selling Some Brands in Europe

To Help Merger AB InBev Selling Some Brands in Europe

Anheuser-Busch InBev on Thursday said it was planning to sell several of the premium brands of SABMIller in Europe including Grolsch and Peroni, which it hopes will ease concerns of regulators about the proposed merger of the two brewers. The... 
Consortium from China Buying 13% Share in Manchester City Club

Consortium from China Buying 13% Share in Manchester City Club

A consortium of company from China will invest $400 million for a minority share of the Manchester City FC football (soccer) franchise, as buyers from China search the globe for assets involved in entertainment. Citic Capital Holdings... 
Lazard Working with Sanofi on Deal for Animal Health Segment

Lazard Working with Sanofi on Deal for Animal Health Segment

Lazard the investment bank is working with management at Sanofi to prepare a sale or a listing of animal health unit Merial. That could value its business at as much as $12 billion euros or $12.7 billion, said source close to the matter. Lazard... 
Raspberry Pi Computer Will Cost You Only $5

Raspberry Pi Computer Will Cost You Only $5

British company Raspberry makes learning to program the same price as a double latte. The new educational micro-computer by Raspberry Pi is the cheapest it has made to date – a device that is pocket-sized designed for teaching kids... 
Tiffany Misses on Profit As Sales Hurt by Dollar

Tiffany Misses on Profit As Sales Hurt by Dollar

Tiffany & Co posted a profit for the third quarter that disappointed and cut its forecast for the year as the strong U.S. dollar and the choppy economic conditions weighed on luxury jewelry sales. Profit reached 70 cents per share,... 
Microsoft Deals for Black Friday Beginning Now

Microsoft Deals for Black Friday Beginning Now

The holiday deals from Microsoft have begun and run until the weekend of Thanksgiving. Some of the digital deals only cost 10 cents. The latest deals for Black Friday are underway at the software giant. Microsoft is on a 10 cent kick... 
Starboard Urges Yahoo Not to Spinoff Alibaba

Starboard Urges Yahoo Not to Spinoff Alibaba

Starboard Value, the Jeff Smith operated activist fund is urging Yahoo Inc to drop its plan of spinning off its share in Alibaba the e-commerce giant based in China. Starboard said instead that Yahoo should sell its display and search... 
Urban Outfitters Shares Fall After Announcing Pizza Purchase

Urban Outfitters Shares Fall After Announcing Pizza Purchase

Urban Outfitters Inc is going to enter the restaurant business and that has not pleased its investors. Shares fell by 7.4% Monday after Urban announced it has acquired Vetri Family a group of restaurants that includes the chain Pizzeria... 
Facebook Activated Safety Check While Attacks Took Place in Paris

Facebook Activated Safety Check While Attacks Took Place in Paris

Users of Facebook, who at the time of the Friday terrorist attack were in Paris, were able to notify family and friends about their whereabouts and safety through the tool on the social media site know as Safety Check. Users started... 
Kohl’s Stock on the Rise as Sales Increase

Kohl’s Stock on the Rise as Sales Increase

On Thursday, Kohl’s Corp posted a profit that fell by 15% during the third quarter amid worries that the retailer’s plan for a turnaround was faltering. Nevertheless, the retailer had earnings that were higher than Wall Street... 
Russia Calls Doping Allegations Groundless

Russia Calls Doping Allegations Groundless

Russia has sharply rejected the allegations that it has a state sponsored doping program for its athletes dismissing those claims by the overseers of sport as groundless and not supported by and evidence that is clear cut. This response... 
Alibaba Acquires Youku for $4.8 Billion

Alibaba Acquires Youku for $4.8 Billion

Alibaba Group Holding agreed to acquire Youku Tudou the video service in a deal that is said to be $4.8 billion, as Jack Ma the billionaire is seeking to stream additional content to Internet users in China through control of the site... 
Toyota Cuts Sales Forecast for the Full Year

Toyota Cuts Sales Forecast for the Full Year

Toyota Motor Corp has cut its revenue forecast for the full year on Thursday as the company based in Japan expects weaker sales of vehicles in emerging countries in Asia, where the demand for their cars has been rocked by a slowdown... 
Sprint Suffers Deeper Loss Than Was Expected

Sprint Suffers Deeper Loss Than Was Expected

Sprint Corp posted a bigger than had been expected loss on Tuesday and a drop in its revenue for its fiscal first quarter, while it said it is planning to cut costs by $2 billion over the next fiscal year. Shares dropped 4.5% in trading... 
Peet’s Coffee Buying Majority Share of Intelligentsia

Peet’s Coffee Buying Majority Share of Intelligentsia

Peet’s Coffee & Tea has announced that it will acquire a majority share of Intelligentsia Coffee, which is based in Chicago. It is the second deal for Peet’s with the last month. Once only a single store, Peet’s, based in... 
GoPro Stock Plummets Thursday

GoPro Stock Plummets Thursday

GoPro is amidst its biggest plunge to date. The maker of wearable cameras nosedived by over 16% Thursday to its lowest price since its initial public offering. The stock is not just on track to have its worst overall day ever, but... 
Ford Motor Posts Solid Quarterly Earnings

Ford Motor Posts Solid Quarterly Earnings

Ford Motor Co posted net income of $1.9 billion during the just ended third quarter equal to 48 cents per share, which is over double the $835 million that it reported in the same period one year ago, as strong results in its core... 
Panel for FDA Votes in Favor of Gout Drug from AstraZeneca

Panel for FDA Votes in Favor of Gout Drug from AstraZeneca

A panel of medical advisers that is independent of the U.S. Food and Drug Administration voted on Friday 10 to 4 in favor of approval for a gout drug from AstraZeneca. All of the 10 who supported the drug, known as lesinurad, qualified... 
Dunkin’ Brands Posts Results That Top Estimates

Dunkin’ Brands Posts Results That Top Estimates

Dunkin’ Brands Group posted results that were better than had been expected for its most recent quarter, despite lackluster traffic and sales at its U.S. locations of Dunkin’ Donuts. For the most recent quarter, sales at same-stores... 
Housing Starts Increase in U.S.

Housing Starts Increase in U.S.

Construction of new homes in the U.S. was up in September, which is a sign that residential real estate will help bolster the largest economy in the world. Housing starts were up 6.5% to an annualized rate of 1.21 million, more than... 
Consumer Sentiment Bounces Back in U.S.

Consumer Sentiment Bounces Back in U.S.

The consumer sentiment in the U.S. was able to bounce back strongly during the early part of October, suggesting the economic recovery had remained in place despite some headwinds due to weak demand globally and a strong U.S. dollar... 
UnitedHealth Beats Estimates on Profit As Costs Stabilize

UnitedHealth Beats Estimates on Profit As Costs Stabilize

UnitedHealth Group, the largest health insurer in the U.S. posted profit that was better than had been expected during the third quarter. The results were helped by medical costs that stabilized in its different health plans and more... 
Batteries Will Power Office Buildings in Orange County

Batteries Will Power Office Buildings in Orange County

Orange County’s biggest landlord is having energy systems that are battery powered at over a dozen different office buildings as part of California’s initiative to fight against global warming and to rebuild capacity lost when...