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Lumber Liquidators Hit by 60 Minutes Report
Lumber Liquidators shares started to plummet following a 60 Minutes report that the laminate flooring made by the company in China might not meet safety and health standards in California. Trading has since been halted on the stock.... More of this article »
Florida Reports Three Cases of Leprosy
In Florida, health authorities have reported that three new cases of leprosy have been found over the last five months in Volusia County. Doctors suspect two of the three patients might have been infected with the disease through armadillos,... More of this article »
Sears To Spin Off Hundreds Of Profitable Stores (NASDAQ:SHLD)
Sears Holdings Corp. has announced plans to spin off up to 300 of its most profitable stores into a separate company in the next few months. The stores would be sold into real-estate investment trust, after which Sears would rent those... More of this article »
CDC Investigating Link of Deadly Bacteria to Doctor’s Offices
The U.S. Center for Disease Control has raised another red flag about a bacteria that is potentially deadly that might be lurking inside your doctor’s office. This bacteria, C. difficle, is found typically inside hospitals, but a... More of this article »
Card Game Exploding Kittens Passes Ouya’s
Exploding Kittens earned itself a number of believers. Initially, the Kickstarter brainpower said the new card game of exploding kittens would be popular. However, it was not predicted how vastly popular the game would eventually become. While... More of this article »
Wal-Mart Raising Wages For Half-million Employees
Wal-Mart Stores Inc. has made an announcement that the company would be raising the wages of about a half-million of its workers in the United States this year. Wal-Mart is currently the nation’s largest private employer with... More of this article »
Kurt Busch Exhausts Appeals, Suspended for Daytona 500
A final appeal upheld the suspension by NASCAR on Saturday night of Kurt Busch from the Daytona 500. Bryan Moss the President of Gulfstream made the final decision that ended the slim hopes for Busch of racing on Sunday in NASCAR’s... More of this article »
Sim Card Makers Hacked by Intelligence Agencies
British and U.S. intelligence agencies hacked major Sim cards manufacturer to steal codes that would facilitate the eavesdropping on mobile handsets, said a news website in the U.S. The Intercept said that these revelations came from... More of this article »
Berkshire Buys 21st Century Stake
Berkshire Hathaway, the investment company owned by billionaire Warren Buffett increased its media holdings during the 2014 fourth quarter by acquiring a stake in Robert Murdoch’s company 21st Century Fox. In a regulatory quarterly... More of this article »
Google Announces YouTube Version Of Popular Channel For China (NASDAQ:GOOGL)
Google has announced the launch of a Chinese version of its popular YouTube channel for Google developers. This new channel will increase Chinese developers’ access to information and resources about Google’s products and services.... More of this article »
Markets Hold Their Breath Before Greek Talks
Global shares reached their highest in almost five months Monday, while the euro was able to firm up. Investors are cautiously optimists that finance ministers from the euro zone will reach a new deal to shore up the dwindling finances... More of this article »
Gene-Altered Apples Given FDA Approval
The U.S. Department of Agriculture on Friday gave approval for the commercial planting of apples that are genetically engineered and resistant to becoming brown after being bruised or sliced. Okanagan Specialty Fruits, the developer... More of this article »
IRS: Little Can be Done About Soaring Tax Refund Fraud
During this year’s tax season, it is expected that tax-refund fraud will soar to hit an incredible $21 billion by the beginning of 2016, from only $6.5 billion in 2013, according to information released by the Internal Revenue Service. The... More of this article »
Coca-Cola Passes Profit Estimates on Price Increase
The largest beverage company in the world, Coca-Cola co, reported profit for the fourth quarter that beat Wall Street, helped from its efforts in cost cutting and a shift toward drinks with higher prices. Excluding certain items, the... More of this article »
Low Rates of Vaccinations in Colorado Results in Illnesses
A low vaccination rate in Colorado resulted in more preventable illnesses during childhood and extra costs for the state’s hospitals during 2013, according to one local study just released. There were over 538 cases reported during... More of this article »
Verizon Selling Assets worth $15 Billion
On Thursday, lightning hit twice as the telecom giant announced an asset sale of $15.5 billion in two individual transactions. Verizon said it would sell its wireless business in Florida, California and Texas to Frontier Communications,... More of this article »
Anthem Hack Exposes Data Of 80 Million Consumers (NYSE:ANTM)
Roughly 80 million people have has their personal information exposed through a hack on Anthem’s computer systems. Anthem admitted that its systems were breached through a sophisticated cyberattack in letters to customers sent out... More of this article »
Half of People in the UK Will Develop Cancer
In a prepared statement, Cancer Research UK has said that one out of every two people will develop cancer at some point during their lives. The estimate, which the group said uses a new method of calculation, replaced a prior forecast... More of this article »
Patriots Win Fourth Super Bowl, First in 10 Years
The New England Patriots made a huge stand at the goal on Sunday night in Super Bowl XLIX, which culminated in the interception by Malcolm Butler at the goal line with just 26 seconds left in the game. With the win, New England proves... More of this article »
Chevron Closing Poland Shale Venture (CVX)
Chevron has announced its intentions to close down its venture in Poland aimed at finding and producing natural gas from shale rock. Chevron made the largest commitment out of the international oil companies to exploring shale possibilities... More of this article »
Super Bowl: 1.25 Billion Chicken Wings Will Be Consumed
Forget about the GoDaddy ad that has raised controversy and the deflategate. The big story of Super Bowl XLIX is about what Americans are estimated to spend in celebrating the big games. According to the National Retail Federation,... More of this article »
Emirati Airlines Stop flights Into Baghdad
Several airlines have suspended their flights into Baghdad after a passenger plane that was arriving from the busiest airport in the region in Dubai was fired upon as it landed in the capital of Iraq. A suspension of flights that is... More of this article »
Fecal Transplant Cures Inflammatory Bowel Disease
Inflammatory bowel diseases like ulcerated colitis or Crohn’s disease are extremely painful and could cause colorectal cancer. Researchers have now effectively cured those conditions in mice, which is offering hope for those humans... More of this article »
Microsoft Boasts Monthly Pricing of $7 for Subscription Packages
For many businesses, the normal one license per device policy by Microsoft is expensive. Today, everyone wants it to use on his or her computers, phones and tablets. That is why it was considered a big deal last month when Microsoft... More of this article »
Standard & Poor’s Settles SEC, State CMBS Claims For $80 Million
Standard & Poor’s has agreed to pay about $80 million to state and federal authorities to settle claims that it acted inappropriately in its dealings in the commercial-mortgage bond market. The company has been facing accusations... More of this article »
Apple Grabs Record Share in Samsung’s Own Backyard
Thanks to the iPhone 6, Apple is whittling away the dominant position Samsung Electronics has in South Korea, its own backyard. The Cupertino, California based Apple captured 33% of the market during November in South Korea, which... More of this article »
President of France Says European Central Bank to Start QE
Francois Hollande the president of France said on Monday that the European Central Bank would decide to purchase government debt later in the week, reinforcing the expectations that the institution, based in Frankfurt, will follow... More of this article »
Vitamin D Tied to Lower Risk of Colorectal Cancer
Researchers said they now could show that vitamin D has the ability to protect people from developing colorectal cancer, known more commonly as bowel cancer. A recent study has found that vitamin D increases the defenses of the immune... More of this article »
Profit Falls at Bank of America
Bank of America Corp the second largest lender in the U.S. by assets said that profit in the fourth quarter fell by 11% as its revenue declined from its fixed income trading. Net income dropped by $3.05 billion equal to 25 cents per... More of this article »
Source of Deadly Outbreak of Listeria Found
Strains of the bacteria listeria found inside a California processing plant for apples are thought to have been the same ones that were associated with a listeria outbreak that killed seven people as well as sickened dozens more last... More of this article »
Google To Launch Auto Insurance Comparison Tool
Google (GOOG) is aiming to make it easier for consumers to find the right types of car insurance for them. Information has been announced that the company would be launching an auto insurance comparison tool in several states that... More of this article »
Sanofi and Regeneron Drug For Cholesterol Effective
An experimental drug by Regeneron Pharmaceuticals and Sanofi SA was found effective in reducing the levels of “bad” cholesterol even at times when administered once each four weeks and not every two weeks. The treatment, alirocumab,... More of this article »
M15 Boss in UK Warns of al-Qaeda Attack
The head of the domestic intelligence agency in the UK said this week that al-Qaeda was a continual, immediate threat and was planning to carry out large-scale attacks against Western countries. In a rare speech to the public, Andrew... More of this article »
Apple Offers iPhone 6 Unlocked
Apple is now making travelers and some customers living in the U.S. happy this year by selling their devices unlocked to the public. In other words, customers can now use their phone with any carrier without the need of signing their... More of this article »
PlayStation 4 Faces Rivals in Wii U and Xbox One
Not to fast Sony, your two largest video console rivals in the business, Nintendo and Microsoft, are showing signs of still having life. After the holiday season, when other competitors made certain mistakes, Sony appeared to look... More of this article »
Little Change in Calories Found in Fast Food
An investigation by researchers into nutrition offered by meals at three major chains of fast food restaurants found little change in salt, saturated fat or calories between 1996 and 2013. A team from the Department of Agriculture... More of this article »
Beer Behemoths Betting on Craft Brews
When the board at Anheuser-Busch InBev held its yearly meeting in the U.S. this year, it met in Chicago at a very small brewery. The CEO Carlos Brito along with directors from the largest brewer in the world peeled as well as sliced... More of this article »
Amazon Angers Authors Again With New Offering (NASDAQ:AMZN)
Amazon has released another new service, but not everyone is happy about it. Authors are upset that Amazon’s new Kindle Unlimited program has slashed the income that the authors are seeing from sales of their books in digital format.... More of this article »
More than 320,000 Pounds of Meat Recalled
Meat recalls have been carried out by three food processing companies based in Texas. Of the processed meats, 4 products were pulled from a local school district and different supermarkets. Close to 46,000 pounds of beef and chicken... More of this article »
LG Headquarters Raided By Law Enforcement Over Samsung Spat
Law enforcement officials in South Korea have conducted a raid on the headquarters of LG Electronics (OTCMKTS:LGEAF) searching for evidence that its executives damaged products belonging to Samsung Electronics during a trade fair held... More of this article »
Xbox Live Back Up, PlayStation Still Down
Xbox Live from Microsoft was restored Friday while PlayStation Network by Sony was still offline for a second consecutive day following an attack by a hacker group that claimed responsibility for taking down the two game services on... More of this article »
Apple Releases First Ever Automated Security Update
Apple Inc has released its first ever security update that is automated to Mac computers to aid in defending against new bugs that have been identified that researchers in security have warned could help hackers gain remote control... More of this article »
Staples: Over 1.15 Million Cards Exposed
Staples Inc said computer criminals stole the personal information from 1.16 million debit and credit cards back during back to school shopping season. Stores affected were from Massachusetts to California. The company, based in Framingham,... More of this article »
U.S. Subsidies To Boeing Illegal, According To European Commission (NYSE:BA)
The European Commission has charged that the subsidies being given to Boeing by the United States are illegal, according to a trade case filed by the Europeans. The U.S. is accused of funneling billions of dollars in illegal subsidies... More of this article »
More Privacy Problems Predicted
For all the good things it offers, the internet slowly has fallen into a world were public and private information is not distinguishable any longer. Many security and research experts predict a future where general information security... More of this article »
Google Releases Top Searches For 2014
Google had trillions of searches all over the world during 2014. However, the death of one man stole the first place spotlight. Robin Williams was in the number one spot this year in the worldwide trends chart. The actor and comedian... More of this article »
Xiaomi Invests in Home Appliance Maker Midea
Xiaomi the maker of smartphones based in China and with a big presence currently in India, invested more than $200 million in the Midea Group, a manufacturer of electrical home appliances in China. The investment gives the smartphone... More of this article »
Apple Influence Caused Higher Prices For Customers In Canada (NASDAQ:AAPL)
Canadian regulators have reported that customers that purchased smartphones and accompanying services in Canada may have paid more for these items because of agreements Apple Inc. reached with phone carriers serving the nation. Because... More of this article »