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Twitter IPO at More than 26 Times Sales
San Francisco based Twitter is looking for a company valuation of more than 9.5 times its 2014 sales in its November initial public offering, according to new data in one of their filings with the SEC on Thursday. That amount is 27%... More of this article »
Fliers on Spirit Revolt Due to Delays
Wednesday night Broward County Sheriff Deputies were called by authorities at the Fort Lauderdale International Airport after passengers from a Spirit Airlines flight, that had been delayed, started to become unruly. Deputies did not... More of this article »
Study: Flu Vaccine Cuts Heart Attack Risk
Receiving a flu shot helps cut the risk of a heart attack and stroke by over 50% in those people who have already suffered a heart attack, shows a new study. The lead author in the study, a cardiologist from the University of Toronto... More of this article »
Nokia World Unveils Tablets and Phablets
Nokia unveiled its first set of phablets – oversized smartphones – as well as its first flat board tablet computer. The Windows Phone new phablets introduce a new ability to edit which of the objects in a particular photo are in... More of this article »
In China Starbucks Facing Media Fire
Starbucks Corp has charged customers higher prices in China than in other markets, which has helped the company earn large profit margins, a report said from China Central Television. The largest coffee chain in the world is the most... More of this article »
Brains Clean Themselves during Sleep
During the time a brain sleeps, it is able to clear itself of harmful toxins, this process might lower the risk of developing Alzheimer’s disease, said researchers. During sleep, the cerebrospinal fluid flow in the brain become dramatically... More of this article »
Occidental Petroleum Selling Shares in North Africa, Middle East
Occidental Petroleum based in Westwood, California is seeking to streamline operations and reduce political risk. The company announced it would sell its minority stake in oil fields in both North Africa and the Middle East as well... More of this article »
Bale Healthy and Ready to Return to Real Madrid
On Wednesday of this week Gareth Bale returned to full training for Real Madrid and looked likely to at least be chosen to sit on Carlo Ancelotti’s bench as a possibly substitute for this weekend’s match. Ancelotti agreed to comments... More of this article »
Amarin Plummets After Pill Fails Panel Backing
Amarin Corp stock lost over half its value on Wednesday in early trading after it failed to secure the backing of a panel of advisers in the U.S. to expand the use of Vascepa its fish-oil pill for people with blood that has high levels... More of this article »
Alibaba Approaching Sales of Facebook with Higher Profit
Chinese e-commerce giant Alibaba Group Holding is headed for its initial public offering. It posted its earnings report for the recently ended quarter, which was a way to give a valuation, unlike the way Facebook, Inc when it had its... More of this article »
Profits Up at Coca-Cola
Coca-Cola announced its profits had risen during the third quarter as the biggest beverage maker in the world managed to increase sales despite the up and down conditions in the economy. The makers of Powerade, Vitaminwater and Sprite... More of this article »
Price Jumps from China to India Risk World Growth
Higher costs of food from India to China are increasing prices for one third of the world’s population, adding to the difficult challenge of sustaining the world economic recovery as the outlook dims for growth. China’s consumer... More of this article »
Iron Man Armor Planned for U.S. Army Forces
Officials with the U.S. Army have said they are working to develop smart armor that is revolutionary and would gives troops real superhuman strength that is only known today in the movies. The army has called up the technology industry,... More of this article »
Peterson’s Son Dies Following Alleged Assault
A boy who was just two-years old who reportedly was the son of Adrian Peterson the star running back for the Minnesota Vikings died on Friday from injuries suffered after he was allegedly abused. Police from the South Dakota city of... More of this article »
Safeway Preparing to Leave Chicago
Stock at Safeway was up during Friday’s premarket trading following the announcement form the supermarket operator that it will move out of the Chicago market by the early part of next year. Safeway said on Thursday it was moving... More of this article »
U.S. Gymnast Hears Race Remark
Last week American gymnast Simone Biles won the world all around title to become the first black woman to do so. However, racist comments took away from the proud moment of the 16-year old. After the American had won the bronze medal... More of this article »
Galaxy Round Announced by Samsung
Samsung seems to be the first high-tech company to unveil a display for a smartphone that is flexible with his launching of the Galaxy Round in Korea. Samsung makes its Galaxy devices across the form and size factor spectrum and announced... More of this article »
Samsung Appeal of Obama Veto Lost
Samsung Electronics must stop its importing of some of its models of tablets and smartphones into the United States, after the White House administration upheld a ban that was won by Apple in a dispute over patent infringement. A statement... More of this article »
Sweden Tops List for Global Visa-less Travel
Citizens from Sweden can travel to 173 different countries across the globe without the need for applying for a single visa. That puts the Nordic country tied at the top of the list for visa-free traveling. The country at the bottom... More of this article »
Rose Returns after 18 Months on the Sidelines
Just minutes prior to the Chicago Bulls preseason game against the Indiana Pacers on Saturday, Derrick Rose emerged out of the tunnel of the Banker Life Fieldhouse to a huge cheer from the crowd. Chicago fans had come to watch the... More of this article »
Cooper Tires Request Court to Close Deal
On Friday, Cooper Tire & Rubber Co. said it had filed a complaint with a court in the U.S. to close an acquisition worth $2.5 billion with Apollo Tyres of India. The American company wants the court to force the India-based company... More of this article »
Ford Shifts Focus To Chinese Market (NYSE:F)
Ford has decided to turn its attention to growth in the Chinese market. Ford has bet heavily on the mainland Chinese market and is rapidly expanding there. General Motors has thrived in China, thanks mainly to its Buick brand, which... More of this article »
Statins Might Reduce Inflammation of Gums
A new released study gives more evidence that a link exists between health and oral health. The study found that statins in high dosage are able to reduce inflammation in gums in patients with heart disease, in just four weeks. Statins... More of this article »
Study: Exercise Equal to Drugs for Treating Heart Disease and Stroke
A new study just released this week in Paris says that exercise might be as effective for patients as some medications in lowering the risk of dying in stroke patients as well as in people that have heart disease. Researchers from... More of this article »
Auto Makers Worried Over Sustaining Sales during Shutdown
Automakers reported strong sales for September that were on pace to set the best annual sales since 2007. However, a collective shiver ran through the entire industry when it contemplated what impact a prolonged governmental shutdown... More of this article »
Amazon to Hire 70,000 During Holidays
Jeff Bezos, the CEO of Amazon.com will hire thousands of employees to help stay abreast of the deliveries from the online juggernaut. The company is making preparations for this prior to the expected busy shopping months during the... More of this article »
Mark Cuban to face off with SEC over Insider Trading
Mark Cuban the owner of the NBA Dallas Mavericks was participating in a June 2004 celebrity golf tournament when an email came through from a Mamma.com top executive. The email was from Guy Faure, the CEO of the company and asked Cuban... More of this article »
White House Allocates Millions for Schools to have Police Officers
The White House administration said it is planning to spend up to $45 million to have armed police officers inside schools across the country. The move was advocated by the gun rights group the National Rifle Association following... More of this article »
Apple Turns Stadiums into Playgrounds
Major League Baseball has launched a huge initiative to make going to their baseball games a fun-filled interactive experience for all fans. Using Apple’s iBeacon indoor mapping, which is a new iOS7 feature, professional baseball... More of this article »
Vaccinations Urged by Experts Prior to Flu Season
This week health experts sent out the message that the time for flu shots is now for Americans. The National Foundation for Infectious Diseases announced at a Washington, D.C. press conference said that it recommended everyone who... More of this article »
Blackberry Receives Buyout Offer (NASDAQ:BBRY)
BlackBerry has announced that it has signed a letter of intent to pay shareholders $9 a share in cash to take the company private. The letter of intent for the deal, worth an estimated $4.7 billion, was from a group led by Fairfax... More of this article »
New Amazon Tablets have Video Helpdesk
Two new Amazon tablets were unveiled on Tuesday. The high-definition flat board computers have an on-screen live helpdesk feature the online company hopes will give it a leg up over devices from its rivals such as Google and Apple. The... More of this article »
Tesco Unveils New Tablet Hudl
In a place you might purchase tomatoes, tuna or tea you can now find a tablet. Tesco, the supermarket chain in Britain has unveiled its own tablet. The new tablet named the Hudl was released on Monday. Tesco is not releasing an inexpensive... More of this article »
New Program Launched by Sprint
Sprint has announced a new program that will give customers the opportunity to upgrade phones every year. Sprint is the last of four national wireless carriers that has targeted clients who want newer devices. One Up, Sprint’s new... More of this article »
Alabama Ends Segregated Sororities at Universities
On Friday four black women joined University of Alabama sororities that had been traditionally white. Earlier in September, two black women had been passed over for admission by similar sororities due to alumnae pressure. Judy Bonner,... More of this article »
Shortages of iPhones in Europe Cause Frustration
The new Apple iPhones 5S and 5C debut today, but short supply of one of the phones in parts of Europe has left mobile carriers concerned and frustrated, said the BBC news network. A number of networks said the stock of the latest high-end... More of this article »
Authorities: Sixth Body Found in Recovered Cars
A 1969 Camaro that was hauled from Oklahoma’s Foss Lake matched the one driven by Jimmy Williams before he disappeared with his friends Leah Johnson and Thomas Rios back in 1970. Another car, a Chevy from the 1950s, looks to be the... More of this article »
Blackberry Launches Z30, an Oversized Smartphone
Blackberry has put its fate in the Z30, a new smartphone with a 5-inch display, a bigger battery and stereo speakers. The new smartphone comes at a time when speculation is high over the sale of the company. On Wednesday, the Blackberry... More of this article »
Islamist Leader in Bangladesh Handed Death Sentence
The Supreme Court in Bangladesh has handed a senior leader of the Islamists, a sentence of death for crimes against humanity. The sentencing caused over 2,000 people to take to the streets in protest. The fourth-highest Islamist leader... More of this article »
Seattle Defeats San Francisco Easily
Sunday night the Seattle Seahawks made a huge early season statement by defeating the San Francisco 49ers 29-3. The dominant win by the Seahawks showed that the power balance in the NFC might have shifted to the Pacific Northwest. Of... More of this article »
Authorities: Deadly Amoeba Located in Municipal Water Supply
A child, who was just four years of age, died from a brain infection in Louisiana and led health officials there to discover that the rare infection was caused by a deadly amoeba in the water supply of St. Bernard Parish, just southeast... More of this article »
Japan has iPhone Free with 24-month Contract
Wireless carriers in Japan are offering the new iPhone 5S for free if a 24-month contract is signed. The entrance of NTT DoCoMo into the iPhone frenzy in Japan has caused some fierce competition to win customers, with the three carriers... More of this article »
Patriots Play Sloppy, but Defeat Jets
Thursday night’s win by New England over New York was nothing short of sloppy. Actually, the Jets had an opportunity to win, but lost their cool in the last minute of play and let the Patriots off the hook. Geno Smith, the rookie... More of this article »
Unemployment Claims drop to 292,000
Initial unemployment claims dropped to the lowest level in 7 years, but the Department of Labor said part of the reason were technical glitches experienced in states’ reporting, instead of improvement in the country’s labor market This... More of this article »
Opioid Drugs to Have Stringent Labeling
The U.S. Food and Drug Administration, responding to a series of calls to stop the increasing epidemic of addictions to prescription drug as well as overdoses, has urged doctors to prescribe the most powerful pain killers for their... More of this article »
Top 20 World Universities List has 10 in U.S. and Six from the UK
According to the latest list of the world’s top universities, six of the top 20 are located in the United Kingdom. Moving into the top 20 were Edinburgh and Kings College London. Schools located in UK that were in the top 10 included... More of this article »
Court in Montana Blocks New Rape Sentence
On Friday, the Supreme Court of Montana ordered a judge from county court to cancel a hearing that was scheduled to reconsider a prison sentence of 30 days. The judge gave the sentence to an ex-high schoolteacher, who had been convicted... More of this article »
JP Morgan Chase to Stop Student Loans
Due to a large drop in private student loan originations, a spokesperson from JPMorgan Chase confirmed the bank decided to stop issuing any more student loans starting October 12. The spokesperson for JPMorgan said that in the past... More of this article »