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Venezuela: Obsessed with Plastic Surgery Creates Widespread Implants Shortage
The chronic shortages that have plagued Venezuela are now encroaching on one of the cultural cornerstones of the country: breast augmentation. Venezuelans are known to be obsessed with beauty and are now facing a scarcity of breast... More of this article »
Peterson Indicted For Child Abuse
Texas authorities said Minnesota Vikings player Adrian Peterson turned himself in to law enforcement after being indicted on a charge of child abuse. Peterson used a branch to discipline his child. He was quickly deactivated by the... More of this article »
Facebook Valuation Rises To More Than $200 Billion (NASDAQ:FB)
Facebook is now one of the world’s biggest companies with an estimated valuation of more than $200 billion. According to data compiled by Bloomberg, the current valuation of the company is $201.6 billion, making it the 22nd- largest... More of this article »
Amazon Slashes Price of Fire Phone to 99 Cents
Amazon the global e-commerce behemoth has cut its prices for the Fire Phone, its flagship mobile handset to 99 cents from $198.99 only two months after the launch of the first smartphone by the company. The version with 32GB will now... More of this article »
Google Refunding Millions for Charges Children Made
Google announced that it will pay complete refunds that total as much as $19 million to consumers that had their accounts charged for purchases that their children made for apps without the parental consent needed. The apps were purchased... More of this article »
Stroke Risk Possibly Reduce by Eating Food Rich in Potassium
For women who are older, eating foods rich in potassium might lower the risk of suffering a stroke, found a new study. Researchers studied over 90,000 women between the ages of 50 and 79 for an 11-year average. They looked at the amount... More of this article »
Boost Mobile Lowers Prices and Doubles its Data
A new offer by Boost Mobile shows it is getting aggressive with its prices for a limited time. The wireless provider is increasing the ante on its prepaid plans. The service, which is a unit of Sprint, is slashing each month to month... More of this article »
Breeders and Chefs Unite With Researchers for Better Veggies
Vegetables could soon taste much better as breeders and chefs have teamed up with the University of Wisconsin at Madison to reach a breakthrough in the making of vegetables that are more in demand by the consumer. The university launched... More of this article »
Scammers Still Targeting Taxpayers
A convincing scam has impacted thousands of taxpayers in the U.S. Scammers who claim to be representatives from the Internal Revenue Service are calling taxpayers and demanding payments. This has been confirmed through a statement... More of this article »
Royal Dutch Shell Plans To Resume Arctic Drilling (NYSE:RDS.A)
Drilling for oil in the Arctic waters off Alaska is set to resume as Royal Dutch Shell has submitted new plans for the operation. The plan submitted to the federal government outlines how Shell intends to explore for oil in the Chukchi... More of this article »
IMF Chief Christine Lagarde Investigated in France
International Monetary Fund Chief Christine Lagarde announced on Wednesday that prosecutors in France had put her under a formal investigation over an obscure business affair dating back to when she was the finance minister in the... More of this article »
Tiny Bug Causing BIG Problems for Citrus Growers
Citrus is synonymous with the state of Florida. The state’s license plates are adorned with the orange. The football stadium at the University of Florida was named for a magnate in the orange business. There is even a state county... More of this article »
Ralph Lauren Announces New Wearable Technology Line (NYSE:RL)
The Ralph Lauren company has announced the development of a line of wearable technology that will be unveiled to the public during the U.S. Open. The goal of the new product line was to make products that did not compromise appearance... More of this article »
Legal Marijuana Enticing Tourists to Colorado
Tourists from across the globe are descending upon Colorado so they can become stoned legally. The owner of 3D Cannabis Center a dispensary in Denver for marijuana said that tour buses are arriving every day. A large number of the... More of this article »
Sears Loss Is Ninth Consecutive
Sears Holdings Corp, the owner of the Sears and Kmart chains, reported a ninth consecutive quarterly loss. Sales continued to contract. The news sent shares plummeting by 5% during premarket trading. The company, which is controlled... More of this article »
New Drug Re-Grows Hair in Some
The first thing a patient noticed was he was growing a real beard. The patient had gone years losing hair on his face, head, legs and arms. The patient suffers from an autoimmune disease called alopecia areata that afflicts close to... More of this article »
Derrick Rose Returns as Brazil Routed by U.S.
Derrick Rose the All-Star guard for the Chicago Bulls made a triumphant return to the basketball court for Team USA. He played in his first game in more than 9 months. Rose was rusty, which is understandable but he helped the Americans... More of this article »
‘Blackfish’ Documentary Blamed For Lower Profits At SeaWorld (NYSE:SEAS)
SeaWorld Entertainment is pointing the finger at a documentary released last year called “Blackfish” for lower attendance and profit for the second quarter of the fiscal year. The documentary focused on the theme park operator’s... More of this article »
Hackers Steal Data at Albertson’s and SuperValu
Hackers were able to break into the payment networks for debit and credit cards at two of the most popular chains of supermarket in the U.S.: SuperValu and Albertson’s. Both chains announced on Friday morning the data breach. The... More of this article »
Postal Service Loses $2 Billion
Despite more revenue for close to all the products offered by the Postal Service, the U.S. agency continues to be loaded down with debt due to a requirement by Congress to pay out over $5 billion into a future health care and retiree... More of this article »
Strong Competition Weighs Down Samsung’s Results (LON:BC94)
Samsung Electronics’ quarterly report has increased worries among investors about the company’s ability to keep growing in a market full of stiff competition. Samsung reported that its operating profit dropped 24.6 percent to 7.2... More of this article »
Tony Stewart Kills Dirt Track Driver
Tony Stewart a NASCAR driver struck and killed another driver that had been walking on the track during a race on a dirt track in New York, said authorities on Sunday. The incident took place on Saturday night at the Canandaigua Motorsports... More of this article »
WHO Declares Global Health Emergency over Ebola Outbreak
The outbreak of Ebola in West Africa is now a public health emergency internationally, said the World Health Organization. The WHO said the emergency needs a worldwide extraordinary response to bring a stop to the disease so it cannot... More of this article »
Nearly 10% of Survivors of Cancer Still Smoke
Close to 1 out of every 10 survivors of cancer report smoking years after being diagnosed, indicates a new study done by the American Cancer Society. Researchers reviewed data on 2,940 patients 9 years after being diagnosed. More than... More of this article »
Procter & Gamble Trims Its Brand List (NYSE:PG)
Procter & Gamble will reportedly be trimming its list of brands by around 100 brands. The company has been focusing on improving its financial performance and wants to narrow its offerings to its most popular brands. According... More of this article »
Michael Kors Profit and Revenue Soar
Revenue and profit at Michael Kors surged during the first quarter, boosted by higher sales across all regions and consolidating the domination of the brand in the luxury market. Revenue was up by a whopping 43% for the quarter to... More of this article »
Crash by Facebook Prompts 911 Calls
In California, law enforcements said calls were made for assistance in getting the largest social network in the world up and running. The Friday outage was the second service crash globally in the last two months The rather short... More of this article »
AB InBev Helped by Beer Sales During World Cup
A beer drinking surge during the month long World Cup in June and July boosted Anheuser-Busch InBev NV profits in the recently ended quarter. This has left the beer maker optimistic about sales in the future after showcasing its different... More of this article »
McDonald’s Ruling Has Far Reaching Implications For Many Industries (NYSE:MCD)
A ruling against McDonald’s handed down by the general counsel of the National Labor Relations Board may have far reaching implications in a number of industries. The ruling held that McDonald’s could be held jointly liable for... More of this article »
General Motors Reports Disappointing Results After Safety Troubles (NYSE:GM)
In the second quarter, General Motors’ earnings dropped nearly 85 percent when compared to the same quarter last year. Much of the decline has been blamed on the recall crisis that has been affecting the company for months. The current... More of this article »
Reynolds American Posts Higher Profit
Reynolds American Inc announced that its profit from the second quarter climbed by 6.7% on higher moist-snuff and cigarette pricing that helped offset lower volumes of cigarette sales. Reynolds, like its peers, has struggled over recent... More of this article »
Flonase Approved by FDA for OTC Use in U.S.
GlaxoSmithKline announced on Friday that the U.S. Food and Drug Administration has approved its over the counter allergy medication Flonase Allergy Relief, that gives temporary relief of upper respiratory allergies or hay fever symptoms. The... More of this article »
Coca-Cola Announces Disappointing Second Quarter Results (NYSE:KO)
Coca-Cola Co has announced their second quarter results, reporting that profit fell in the second quarter. The company’s net income fell to $2.60 billion, or 58 cents per share, from $2.68 billion, or 59 cents per share, in the... More of this article »
Joint Venture Between Exxon Mobile And Russian Company Reports Progress (NYSE:XOM)
Exxon Mobile, in conjunction with a Russian state energy company, has announced that the joint venture between them is making progress in its exploration of the Arctic Ocean for oil and natural gas. An Exxon drilling rig will be prospecting... More of this article »
Profit at Boeing Up with Strong Performance
With an increase in deliveries of commercial planes, Boeing has reported a rise of 1% in revenue on Wednesday for its second quarter. The company also enjoyed an increase of 52% in net earnings in comparison with the same period one... More of this article »
Layoffs Hit Microsoft Employees Hard (NASDAQ:MSFT)
Microsoft has made an announcement that the company will be laying off up to 14% of its workforce, possibly leaving up to 18,000 employees without a job. This would represent the largest layoff in the company’s history. Microsoft’s... More of this article »
New Amazon E-Book Subscription Service Raises Some Eyebrows (NASDAQ:AMZN)
Amazon has unveiled a new e-book subscription service, but the titles that are missing from the service have raised some eyebrows. For $10 a month, the new digital subscription service, dubbed Kindle Unlimited, allows subscribers to... More of this article »
Hasbro Sees Sales Spike, But Profit Not Lifted
Hasbro the toymaker, the company that is behind Play-Doh, Nerf products and Monopoly, reported on Monday that during its fiscal second quarter for 2014, it turned around its boys segment that had struggled because of its Transformers... More of this article »
June Unemployment Rates Dropped in Nearly Half the States
With the Great Recession five years behind us, the latest report on joblessness and employment at the state level shows just how far the recovery in the economy has come and how far of a road, it still must go. The District of Columbia... More of this article »
PayPal Helps Fuel More Revenue at eBay
EBay Inc has posted an increase of 13% in its quarterly revenue as results that were better than expected from its PayPal division that is fast growing, helped the retailer overcome an increase in competition from Amazon.com as well... More of this article »
New Streaming Video Service from Lionsgate in China
Lionsgate the content firm that is global launched a streaming service that is by subscription called Lionsgate Entertainment World or LGEW, for the China mainland. The service features access to leading series from television and... More of this article »
Brain Eating Amoeba Infection Kills Girl
A Kansas girls who was just 9 years old, died after contracting a deadly infection from a brain-eating amoeba, said Kansas health department officials. The Department of Health in Kansas said a 9-year old girl likely contracted the... More of this article »
Antibiotics Listed as Last Resort Now in Jeopardy
The total number of antibiotics doses that were sold in pharmacies and clinics worldwide increased by 36% between 2000 and 2010, reported scientists on Wednesday. The new finding comes from a first of a kind study to look at the consumption... More of this article »
IBM Explores Additional Business Options In China (NYSE:IBM)
IBM has announced its intentions to explore business opportunities in China outside of its core technologies. IBM is planning to provide systems to the country that will improve China’s data collection, monitoring and forecasting... More of this article »
Walmart Smaller Stores Could be Answer to Growth Problems
Only weeks after being named the new CEO of the largest retailer in the world, Doug McMillion held a meeting at Walmart with his top management and told them to read The Everything Store a book written by Jeff Bezos the founder of... More of this article »
General Motors Hesitant To Issue Yet Another Recall (NYSE:GM)
General Motors has been asked to issue yet another recall of its vehicles, this time for trucks that can have a problem with their brake lines. At issue is 1.8 million full-size pickup trucks and sport utility vehicles that could experience... More of this article »
Bristol-Myers Squibb Treatment for Hepatitis C Approved
Japan approved the all-oral Sunvepra and Daklinzadual regimen from Bristol-Myers Squibb to treat those with hepatitis C, said the company on Monday. The combo-treatment, which is ribavirin- and interferon-free is the latest options... More of this article »
T-Mobile Customers Potentially Overcharged Millions (NYSE:PCS)
T-Mobile has been accused of overbilling its customers hundreds of millions of dollars in charges for services the customers never requested. The Federal Trade Commission claims that T-Mobile earned millions of dollars by taking a... More of this article »