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Netlfix Soars on Subscriber Growth
Netflix’s electrifying growth rate continued during the 2013 fourth quarter. Over 2.3 million new households in America signed up to the streaming service. The results were the best quarterly performance the company has seen in the... More of this article »
Intel To Lay Off 5,000 Employees This Year (NASDAQ:INTC)
According to an anonymous company official, Intel will lay off about 5 percent of its work force, or 5,000 jobs, during 2014. The Intel official said the employment cuts were part of a larger program to shift resources to growing business... More of this article »
Mediterranean Diet Tied to Lower Artery Disease Risk
People eating a Mediterranean diet that is high in nuts or olive oil might reduce their chances of developing clogged arteries in the leg, according to a new study in Spain. The new study’s results follows those from a trial published... More of this article »
30 Priests’ Sex Abuse Files to Go Public
On Tuesday, thousands of pages of files that show how the sexual abuse cases of priests were handled by the Archdiocese of Chicago will be opened to the public. This will provide the broadest look to date into the details of the child... More of this article »
Nintendo Predicts Large Loss, Calls Wii U a Flop
Nintendo, the maker of video games said that the sales of its Wii U, the console/controller combo have flopped and helped push the company into its third straight annual loss. Nintendo cut its forecast for global sales for its Wii... More of this article »
Google Buses for Employees Now Have Security Guards
At first, Google commuters from San Francisco received buses that had plush seats and WiFi. Now, they are getting their own security. Recently men wearing earpieces have watched passengers boarding the commuter buses for Google at... More of this article »
Suspect in Ricin Case Pleads Guilty
On Friday, James Everett Dutschke changed his mind in a big way when he pleaded guilty to sending letters laced with ricin to a judge in Mississippi, Roger Wicker a U.S. Senator and the biggest figure of all President Barack Obama. Since... More of this article »
Google Developing Contact Lens to Monitor Glucose
On Thursday, Google unveiled a contact lens it says monitors the glucose levels of the wearer’s tears. It is a potential reprieve for the millions of sufferers of diabetes who must jab a finger to test their blood up to 10 times... More of this article »
Chuck E. Cheese Sells for $1 Billion
Chuck E. Cheese was sold to Apollo a private equity company in a sale that valued the restaurant chain that focuses on entertainment for children at nearly $1 billion. The sale, which was officially announced on Thursday will have... More of this article »
Merck Recalls Liptruzet its Cholesterol Drug
Merck & Co the huge drug maker announced this week that it was recalling its combination drug for cholesterol wiping out its entire stock in the U.S. The recall was due to defects in packaging that could lower its effectiveness. Merck... More of this article »
Microsoft Finds Move To Devices And Services Lucrative (NASDAQ:MSFT)
In the past, Microsoft made huge profits by selling software on discs to customers. Today, Microsoft is expanding its portfolio with hardware products with markedly lower margins. The company has transformed from a software factory... More of this article »
Bayer Names Different Culprit In Mass Bee Die-offs (OTCMKTS:BAYRY)
The European Union has linked a type of pesticide that Bayer produces to the large-scale die-offs of honeybee populations in Western Europe and North America. The pesticides, known as neonicotinoids, were banned in Europe this year... More of this article »
Pizza Hut Pizza by the Slice Says Company Officials
Pizza Huts officials are planning to start selling pizza by the slice in two locations for the first time this week. It is part of a test to remake its image and court the 20 to 30 year old diners. The two locations taking part in... More of this article »
Volkswagen to Spend Billions to Revive U.S. Market
Volkswagen AG is planning to invest over $7 billion during the next five years across North America to revive is efforts to grab a larger share of the car market in the U.S. The largest carmaker in Europe will use part of the money... More of this article »
Rodriguez Suspended for Entire 2014 Season
Fredric Horowitz an arbitrator cut the drug suspension of Alex Rodriguez of the New York Yankees from 211 games to 162. The decision is one the third baseman for the New York Yankees vowed to fight in a federal court. Rodriguez would... More of this article »
Shipments of PCs Dropped 6.9% During 2013 Fourth Quarter
Personal Computer global shipments fell by 10% during 2013 and by 6.9% during the last three months of the year compared to the same period in 2012. The PC industry marked a historically poor year in 2013 and looks forward to a reversal... More of this article »
JPMorgan And Federal Authorities Reach Settlement In Madoff Case (NYSE:JPM)
JPMorgan Chase has reached a settlement with federal authorities to resolve allegations that the bank missed its chance to warn federal authorities about the Ponzi scheme of Bernard L. Madoff. JPMorgan was Mr. Madoff’s primary bank... More of this article »
FDA Approves Farxiga for Type 2 Diabetes
Reversing a negative decision taken back in 2012, the U.S. Food and Drug Administration approved on Wednesday AstraZeneca’s dapagilflozin, which will be sold as Farxiga in the U.S., to help improve the glycemic control, along with... More of this article »
Samsung To Report Bigger Decline In Earnings Than Expected For Year End (LON:BC94)
Samsung Electronics reported that earnings in the last quarter of 2013 were lower than in the previous three-month period as well as lower than the same period a year ago. The company released a prediction that operating income would... More of this article »
Apple Now Has Official Store on E-commerce Site in China
Apple has opened two official online outlets for sales in China, after it opened its virtual doors on Tmall.com, a huge marketplace online operated by the largest e-commerce website in China named Alibaba Group. It is still not clear... More of this article »
Florida State Rallies to Beat Auburn for National Title
In what many will consider one of the all-time classic national championship games, the Seminoles completed an undefeated season as Auburn failed to pull off yet another miracle in a season that was full of Tigers’ miracles. The... More of this article »
New Study Says Twitter and Facebook Being Beaten by Instagram
Many companies wonder where they can get the best results in promoting themselves online. Twitter has received great hype as a tool for advertising, but according to a recent study, Instagram is beating out its competitors as the brand... More of this article »
Yahoo Users Attacked by Malware
An attack of malware hit an advertising server for Yahoo over the past couple of days, affecting thousands of Internet users that use the platform. The users affected were in different countries, said a security firm on the Internet. Fox-It,... More of this article »
Blood Pressure: Most Dangerous Amongst Women
A new study shows that high blood pressure can be potentially more dangerous for women than for me, suggesting that physicians might have to treat the dangerous condition in females both earlier and more aggressively. This study is... More of this article »
GlaxoSmithKline Ending Drug Promotion Payments (NYSE:GSK)
After being criticized for years for the practice, GlaxoSmithKline has announced the end of its program to pay doctors to promote its products. Pharmaceutical companies have paid doctors to speak on their behalf for decades. Doctors... More of this article »
General Motors Plans Midwestern Factory Upgrades At Cost Of $1.3 Billion (NYSE:GM)
General Motors has announced plans to invest $1.3 billion into projects to upgrade five of its factories in the Midwest. The money will be spent on upgrades to facilities in Michigan, Ohio and Indiana. The planned projects include... More of this article »
Chinese Newspaper: Jang Song Thaek Fed to Dogs
A state-backed newspaper in China has reported that Jang Song Thaek the uncle of Kim Jong-un North Korea’s leader was stripped of his clothes and fed to over 120 hungry dogs as officials looked on. The report was in the Wen Wei Po... More of this article »
Casinos in Macau Record $45 Billion in Revenues
Macau, the tiny Chinese city, has once again broken its yearly record for earnings at casinos as last year’s revenues reached an incredible $45 billion, which further underlined its status as the biggest gambling market in the world. Macau... More of this article »
Reduce Hunger: Eat Slower Says Study
U.S. researchers on Monday released results of a study that said eating slower could help to lower hunger. Research previously suggested that the controlling the energy intake might be affected due to the speed in which we consume... More of this article »
Apple and Google in Smart Dashboard Competition
Both Apple and Google are currently developing competing technologies that would bring navigation, apps and music all together to form a smart dashboard for vehicles based upon their own systems of mobile operation. Google and Apple... More of this article »
BlackBerry Loss Deepens To $4.4 Billion (NASDAQ:BBRY)
BlackBerry announced a $4.4 billion loss and a 56 percent drop in revenue when reporting results for the latest quarter. The latest reported numbers included a $2.7 billion write-down mainly related to the BlackBerry 10 line of phones.... More of this article »
Breast Cancer Spread Triggered by Low Levels of Oxygen
Researchers discovered that conditions of low oxygen could trigger protein production that contributes to breast cancer cells spreading. This finding was recently published online. Johns Hopkins University biologists recently found... More of this article »
NSA Surveillance of Phones Ruled Legal
On Friday, a federal judge made a ruling that the National Security Agency’s collection of Internet and telephone records of Americans is legal. The judge called it a critical component of the government’s effort of combating the... More of this article »
Promotions and Discounts Fuel Holiday Season Sales
Sales during the holiday shopping season in the U.S. this year were up from last year as heavy discounting and more promotions encouraged U.S. consumers to spend more. Sales during the holiday between the first of November and the... More of this article »
Nokia Seeking Remedies For India Tax Problems (NYSE:NOK)
Nokia’s tax issues in India are complicating its planned sale of its handset business to Microsoft. In hopes of resolving a months-long standoff with local officials, Nokia recently sent a proposal to settle its tax debts to... More of this article »
Couriers Swamped with Complaints on Late Packages
Consumers became outraged over late package deliveries by FedEx and UPS on Tuesday, with many receiving packages as late as Christmas morning and others going without. Consumers took to the review and social media sites to blast the... More of this article »
Consumer Spending in U.S. Up 0.5% for November
Americans spent more in November than in any of the previous five months, while their incomes were up modestly. Consumer spending increased by 0.5% from spending in October, when spending was 0.4% higher, said data released on Monday... More of this article »
Bowl Season Begins in the NCAA
NCAA bowl season begins today with the first four of 35 bowls being played on Saturday. A great matchup on the docket pits the Buffalo Bulls from the Mid American Conference against the San Diego State Aztecs from the Mountain West... More of this article »
Credit Theft Affects Millions Of Target Customers (NYSE:TGT)
Criminal hackers have stolen credit card information records for 40 million Target store customers. Hackers stole customer names, credit or debit card numbers, expiration dates and three-digit security codes for 40 million customers... More of this article »
American Express Eases Rules Regarding Merchant Charges (NYSE:AXP)
American Express has announced that it has reached a settlement agreement with a group of small and midsize businesses that had filed a class-action lawsuit against the company. American Express agreed that merchants can charge its... More of this article »
Diet High In Fiber Linked to Less Risk of Heart Disease
This may have been said prior, but the benefit of a healthy diet that is high in fiber as well as in vegetables, lie not in just a better figure, but might contribute to better heart health, indicates new research recently publishing... More of this article »
Fed Tapers Back Bond Purchases by $10 Billion
The U.S. economy was given a nod of approval by Federal Reserve Bank Chairman Ben Bernanke only a month prior to his departure from the bank. He announced the central bank would start the winding down of its bond buying stimulus program... More of this article »
More Details Emerge in School Shooting
An Arapahoe High student who launched a shooting spree last Friday at the Denver area high school arrived at the school with over 125 rounds of ammo and 3 incendiary devices. He might have been planning to attack students or staff... More of this article »
Snowden Offers Help with Spying in Exchange for Asylum
Edward Snowden wrote an open letter to all the people of Brazil. He offered his personal assistance to the Brazilian government to help investigate the allegations of spying by the U.S., but on one condition; he be granted political... More of this article »
FDA: New Policies for Antibiotics Use on Farms
Last week, the U.S. Food and Drug Administration made an announcement about new policies it has implemented to curtail widespread use of powerful antibiotics in chickens, pigs and cows raised for meat. Critics point out that the move... More of this article »
Tiger Woods’ Brother Detained by Authorities
Earl Woods Jr., the half-brother of Tiger Woods, was arrested Friday for a bomb threat he allegedly made in Phoenix, Arizona. Woods, who is employed by the Department of Economic Security, is alleged to have called the front desk at... More of this article »
Verizon Shareholders Express Concerns Over Release Of User Data (NYSE:VZ)
A proposed shareholder resolution for Verizon Communications would require the company to provide more information about the user data that is shared with the government. AT&T and Verizon have come under scrutiny over the past... More of this article »
Government Watchdog Reveals Google’s Fuel Discounts For Private Aircraft
According to NASA’s Office of the Inspector General, Google executives received an unfair and inappropriate government discount on jet fuel purchased for personal flights on their nine private aircraft. H211, a company that manages... More of this article »