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Sterling’s Remarks Have Changed Everything
Everybody in the organization of the Los Angeles Clippers franchise knew the type of person Donald Sterling the owner is. He was the one cloud hanging above the franchise that seemingly finally had its stars all aligned perfectly. Some... More of this article »
Colombia Increases Bank Key Rate Unexpectedly
The central bank of Colombia unexpectedly increased its benchmark rate of interest for just the first time in over three years amidst new signs the economy is rebounding with a surge in worries over inflation. The board at the bank... More of this article »
General Motors Waves Goodbye to Much of its Profit
General Motors costs for its recall have exceeded $1.3 billion and wiped out much of its quarterly profits. The U.S. automaker announced on Thursday that the recall expenses were much higher than originally anticipated. The cost of... More of this article »
Novartis, GlaxoSmitheKline and Eli Lilly Announce Deals
Novartis will be focusing more going forward on cancer. GlaxoSmithKline will be focused on vaccines, while Eli Lilly will be looking at animal health as the three drug makers announced on Tuesday deals that could total more than $28.5... More of this article »
Chobani Moving Beyond Just Greek Yogurt
Chobani plans on expanding behind just its Greek yogurt cups that have become so popular. The expansion this summer is due to the increasing amount of competition in the quick growing category. Beginning in July, the yogurt company... More of this article »
Shipments of Xbox One Surpass Five Million
The next-generation Xbox console sold over 311,000 units across the United States in March, outpacing the Xbox 360 in the same period. On Thursday, Microsoft announced that over 5 million Xbox One consoles were shipped since the November... More of this article »
Yahoo Revenue and Earnings Beat the Street
Yahoo announced its revenue and earnings for the latest quarter that beat Wall Street analysts’ estimates. Shares of Yahoo were up over 9% in trading afterhours on Tuesday, as of the close of business on Monday, the stock had fallen... More of this article »
Bubba Watson Wins Second Green Jacket
Bubba Watson celebrated his win on the 18th green at the Masters on Sunday by high fiving the patrons at the Augusta National Country Club. The kind of celebration of a win that is so Bubba-like would have been relished by many two... More of this article »
Hepatitis C New Treatment Could by Huge Breakthrough
A new drug treatment used to fight Hepatitis C has cured more than 90% of patients inflicted with the infection in just 12 weeks, said scientists. The recent study marked a major breakthrough said experts and marked a big turning point... More of this article »
California City Says Sriracha Sauce is Public Nuisance
Wednesday night a city in Southern California declared that the factory producing the hot sauce called Sriracha a public nuisance. The city gave the operators of the factory 90 days to make the necessary changes that will stop the... More of this article »
UConn defeats Kentucky for the National Championship
Shabazz Napier ended his collegiate basketball career with 22 points and the Most Outstanding Player award in the Final Four. The senior guard for the Connecticut Huskies helped his team defeat the Kentucky Wildcats 60-54 to win the... More of this article »
Password Flaw on Xbox Exposed by Child
A San Diego, California five-year old boy has discovered a password flaw in the new Xbox. Kristoffer Von Hassel was given a mention in the security acknowledgements by Microsoft for March after he discovered a security glitch later... More of this article »
Government Agency from U.S. Built Social Media in Cuba
The United States, in what appears to be a throwback to the campaigns of the Cold War of espionage, disinformation and disruption spent more than $1.6 billion to build a network of social media with the goal of undermining the Castro... More of this article »
Facebook Executives Enjoy Huge Payday
Executives at Facebook received huge paydays for their 2013 efforts, even though the pay packages were not as lucrative as they had been the previous year in 2012. On Monday, in a Facebook regulatory filing the company said three top... More of this article »
FDA Approves First Hemophilia B Drug
Biogen Idec has announced that the U.S. Food and Drug Administration approved ALPROLIX, the company’s drug for treating hemophilia B. Hemophilia B is a rare, genetic and chronic condition in which the clotting process in a person’s... More of this article »
Walmart Sues Visa
Walmart Stores Inc sued Visa Inc for over $5 billion claiming it was charged by the card network unreasonably high fees when its customers paid by credit or debit card. Visa as well as other card networks charge retailers fees each... More of this article »
Pope Francis and President Obama Meet
On Thursday, Pope Francis and the Barack Obama the President of the United States had their first meeting that offered an opportunity to reset some things between the Catholic leadership and the White House administration following... More of this article »
Fox and News Corp Name New Co-Chairman
On Wednesday, News Corp announced that Lachlan Murdoch was named a nonexecutive co-chairman of both News Corp and Fox. The appointments mark the reemergence of the son of Rupert Murdoch as a big force at the companies just nine years... More of this article »
Ebola Scientist Frustrated by Deadly Outbreak in Guinea
Peter Piot was newly qualified to work in a microbiology lab in the Belgium city of Antwerp at 27 years of age when he was given human blood in a flask. The blood had been contaminated with an unknown pathogen that was killing people... More of this article »
Icahn Receives Three Additional Board Seats at Herbalife
Herbalife Ltd, the weight-loss and nutritional company said it has agreed to give three additional seats to representatives of Carl Icahn the billionaire investor on its board of directors, which sent shares soaring in the company... More of this article »
IRS Scam Crossing the Nation
People claiming to be agents from the Internal Revenue Service are calling people across the U.S. telling the people $5,000 is owed by them to the IRS. They caller tell the people they must pay right away or they will be arrested. The... More of this article »
Major League Baseball Opens Season in Australia
The regular season for Major League Baseball opened down under when the Los Angeles Dodgers played the Arizona Diamondbacks. Opening the season in Australia had little effect on a near certainty in baseball: Clayton Kershaw’s pitching... More of this article »
Earnings Fall 18% at Darden Restaurants
Darden’s Restaurants Inc reported that earnings for their fiscal third quarter fell by 18% as the operator of casual dining restaurants Red Lobster and Olive Garden amongst others continued to experience poor performance from the... More of this article »
Icahn’s Battle with eBay has New Twist
Carl Icahn has changed his opinion in his scorched earth campaign against eBay, the e-commerce giant. The activist investor who is worth billions now wants eBay to have an initial public offering that equals 20% of the PayPal payments... More of this article »
Study Will Test Pills Made of Chocolate
It will not be as enjoyable as eating entire candy bars, but a large study will be launched to determine if pills that contain nutrients in dark chocolate are able to help to prevent strokes and heart attacks. The pills will be packed... More of this article »
Two Die in Helicopter Crash in Seattle
Authorities said that at least two and possibly more people were killed when a helicopter for a local news channel crashed on Tuesday in Seattle’s downtown area. The crash set cars near the scene on fire in an area popular with tourists... More of this article »
EU Meeting Over Sanctions Against Russia
The foreign ministers of the European Union gathered on Monday in Brussels to talk about possible sanctions against Russia that could be released later in the day. Western nations want to strike back at Russia for its meddling in the... More of this article »
Los Angeles City Attorney Suing Time Warner Cable
On Friday, the LA City Attorney told reporters the city was filing a lawsuit against Time Warner Cable in federal court. The LA attorney, Mike Feuer claims the largest provider of pay TV in the region stiffed the city out of $10 billion... More of this article »
Chris Brown in Jail After Tossed from Rehab
The question is how badly must someone behave to be tossed from a rehab center that is geared towards those with anger management issues. Chris Brown the R&B singer could probably tell you, but on second thought, it might be better... More of this article »
Stem Cell Researchers from Japan Withdraw Research
The scientists from Japan behind the potentially revolutionary new stem cell technique are preparing a retraction of their widely hailed paper on producing stem cells after they confirmed the research had inappropriate points including... More of this article »
Former Boss of Shell Had Pay Halved
The pay for Peter Voser the former CEO of Royal Dutch Shell was halved last year to $11.24 million following what Shell described as a performance that was disappointing. However, the 2013 remuneration of Voser’s was higher than... More of this article »
Geron Nosedives as FDA Stops Blood Disorder Drug Development
Biotechnology company Geron Corp, which has no products marketed to date, plummeted after the U.S. Food and Drug Administration halted the development of the company’s only experimental drug for blood disorders imetelstat, due to... More of this article »
Dicks Revenue in Fourth Quarter Tops Wall Street
On Tuesday, Dick’s Sporting Goods announced that its net income for the fourth quarter increased 7% thanks to strong sales during the holiday season shopping period. Revenue was up 8%, which topped expectations of analysts. In Tuesday’s... More of this article »
What is the Deep Web?
What people commonly refer to as the Web is just scratching the surface. Beneath that is a huge, for the most part unchartered, ocean known as the Deep Web. The Deep Web’s size is not easy to calculate. However, researchers in universities... More of this article »
Pfizer Recalls Effexor Due to Mistake
Late last week, Pfizer announced it was recalling Effexor XR its antidepressant as well as another lot of a drug that is its generic version. The announcement followed the discovery by a pharmacist that found a bottle of Effexor contained... More of this article »
Canadian Job Figures Drag Down Dollar
The Canadian dollar was down sharply on Friday amidst a miss of expectations for job creation in Canada last month. The dollar dropped 0.81 of one cent to end the day at 90.17 cents U.S. as it was reported that the Canadian economy... More of this article »
Lakers Experience Worst Loss in History of Franchise
The Los Angeles Lakers were trailing the Los Angeles Clippers by just two points at the end of the first quarter Thursday night following a run of 7-2. However, the “other team” in LA decided playtime had ended. What followed was... More of this article »
CEO of Bitcoin Exchange Found Dead
A Bitcoin exchange boss, who was American and 28 years of age was found dead in a Singapore apartment complex said police on Thursday. This was just the latest misfortune tied to the troubled currency used online. Police in Singapore... More of this article »
Angry People Have Higher Heart Attack Risks
Having a temper might increase a person’s risk of suffering a stroke or heart attack according to new research. Rage often times precedes an attack and might be one of its triggers, said researchers from the United States, who perused... More of this article »
Oscars Picture of the Year Goes to 12 Years a Slave
The slave drama that some could not even watch in its entirety 12 Years a Slave and Gravity, the 3D drama were the big winners of the night at the Academy Awards. Matthew McConaughey and Cate Blanchett were the winners of Best Actor... More of this article »
Tiny Ear Computer Weighing 17 Grams Tested in Japan
A tiny computer worn on the human ear that can be controlled through blinking an eye or clicking the tongue is undergoing testing in Japan. The wireless device weighing 17-grams has Bluetooth capability as well as being equipped with... More of this article »
Sears Suffers Possible Security Breach
Sears Holdings Corp, the retailer that Edward Lampert the manager of a hedge funds operates, is investigating the possibility of a security breach following a series of cyber attacks that took place at other retailers that exposed... More of this article »
Bayer Increases Sales Forecast for Drugs
Bayer AG has raised its peak sales forecast for new drugs even though results from the fourth quarter and outlook for revenue for the upcoming year missed estimates of analysts. The five most important Bayer medications will generate... More of this article »
Sturm Ruger Earnings Miss Estimates
Sturm Ruger, the largest firearms maker in the U.S. that is publically traded, reported earnings for their fourth quarter that did not meet estimates of analysts for just the first time in 5 years. Profit per share increased from $1... More of this article »
Macy’s Profits Grow in Fourth Quarter, Weak Sales in January Miss
Macy’s had better than expected fourth quarter profits that increased by 11%, said the U.S. retailer on Tuesday. However, the sales at the department store chain missed its targets as the severe weather kept many shoppers away. Shares... More of this article »
Bitcoin Exchange Mt. Gox Offline
The Bitcoin exchange Mt. Gox that stopped withdrawals earlier this month has gone offline as peers in the industry have distanced themselves from the company that is based in Tokyo in an attempt to defend the online currency. Efforts... More of this article »
Sina Preparing Weibo for IPO in New York
Sources have said that Sina, the internet platform from China has picked a handful of banks for its spinoff of its micro-blogging, Twitter like service known as Weibo. This is the latest of a number of deals that have been high-profile... More of this article »
Microsoft Could Cut Price of Windows by 70%
Microsoft Corp. is lowering the price by 70% of its Windows 8.1 for makers of inexpensive tablets and computers as they attempt to fend off their cheaper rivals such Chromebooks by Google, said people familiar with the company. Manufacturers... More of this article »