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Apple Making Big Investment In Original Content

Apple Making Big Investment In Original Content

Apple Inc. (NASDAQ:AAPL) is planning to invest about $1 billion over the next year in acquiring and producing original TV shows. Apple is reportedly looking to match the high-quality content of networks like HBO. According to a source... 
Safety Tips For Viewing The Solar Eclipse

Safety Tips For Viewing The Solar Eclipse

A solar eclipse is one of nature’s grandest spectacles and one is scheduled to cross the U.S. on Aug. 21. For a few minutes, the sun will go dark with a halo of light around it, the temperature will fall, and beautiful sunset colors... 
J.C. Penney Earnings Report Shows Weakness In Apparel Business

J.C. Penney Earnings Report Shows Weakness In Apparel Business

In the second quarter ended July 29, J.C. Penney (NYSE:JCP) saw its net loss net loss widen to $62 million, or 20 cents per share, from $56 million, or 18 cents per share, in the same quarter of the previous year. So far this year,... 
Oprah Winfrey Launches Line Of Refrigerated Products

Oprah Winfrey Launches Line Of Refrigerated Products

Oprah Winfrey is branching out into food branded under her own name. She partnered with Kraft Heinz Co. (NYSE:HNZ) on her new line of refrigerated soups and side dishes. The products, branded “O, That’s Good”, start... 
Anthem Pulling Out Of More ACA Exchanges

Anthem Pulling Out Of More ACA Exchanges

Anthem Inc. (NYSE:ANTM) has announced that it is exiting more Affordable Care Act markets. The company has already announced it is withdrawing from Ohio, Indiana, Wisconsin, and much of California. Anthem is providing Affordable Care... 
Blue Apron Announces Its Plans For 2 New Jersey Facilities

Blue Apron Announces Its Plans For 2 New Jersey Facilities

Blue Apron Holdings Inc. (NYSE:APRN) has announced plans to close a New Jersey facility and move those jobs to a new facility opening in the state later this year. According to a public notice, 1,270 Blue Apron employees would be affected,... 
Tesla Reports Wider Loss For Q2

Tesla Reports Wider Loss For Q2

Tesla (NASDAQ:TSLA) announced its second-quarter earnings Wednesday. Tesla reported losing $401.4 million in the quarter that ended June 30, compared with a loss of $293.2 million in the same quarter of last year. Its net loss grew... 
Privacy Concerns Arise Over Google’s New Tracking Tool

Privacy Concerns Arise Over Google’s New Tracking Tool

The Electronic Privacy and Information Center (EPIC) is requesting that the Federal Trade Commission investigate Alphabet’s (NASDAQ:GOOG) Google over its new tool to track in-store shopping. The privacy advocacy group wants the FTC... 
U.S. Travelers To Mexico Warned About Counterfeit Alcohol

U.S. Travelers To Mexico Warned About Counterfeit Alcohol

The U.S. State Department has issued a warning to tourists to be careful what they drink while visiting Mexico. The agency updated the Safety and Security section of its Mexico country page with a warning to travelers that there have... 
Investor Wants Barnes & Noble To Sell Itself

Investor Wants Barnes & Noble To Sell Itself

Activist investor Sandell Asset Management Corp. has written a letter to the Barnes & Noble (NYSE:BKS) board stating that the chain should try to sell itself. The investor believes that Barnes & Noble should be owned by investors... 
Three Square Market First U.S. Firm To Microchip Employees

Three Square Market First U.S. Firm To Microchip Employees

Three Square Market will be the first firm in the U.S. to install microchips in its employees’ hands. The company is anticipating that over 50 employees will be voluntarily chipped out of 85 employees at the company’s head... 
Microsoft Tops Estimates For Profit And Revenue

Microsoft Tops Estimates For Profit And Revenue

Microsoft Corp. (NASDAQ:MSFT) reported better-than-expected quarterly profit and revenue for the fourth quarter of its fiscal year, ended June 30. Microsoft reported net income of $7.7 billion, or 98 cents a share, on revenue of $24.7... 
Qualcomm Takes Big Hit Over Apple Dispute

Qualcomm Takes Big Hit Over Apple Dispute

Qualcomm’s (NASDAQ:QCOM) finances are taking heavy hits over its licensing dispute with Apple Inc. (NASDAQ:AAPL). The company reported a 40 percent decline in year-over-year profits for the third quarter of its fiscal year. Net income... 
Amazon Takes On Blue Apron With Meal Kits

Amazon Takes On Blue Apron With Meal Kits

This month, Amazon (NASDAQ:AMZN) filed a trademark for a meal kit service similar to the kind offered by Blue Apron (NYSE:APRN) and others. The filing is dated July 6, just days after leading meal kit delivery company Blue Apron’s... 
Trump International Hotels Suffers Security Breach

Trump International Hotels Suffers Security Breach

Trump International Hotels Management has revealed that 14 of its properties have been compromised by a data breach. The affected properties included Trump Las Vegas, Trump Chicago, and the recently-opened Trump hotel in Washington,... 
Special Edition KFC Phone Released In China

Special Edition KFC Phone Released In China

A KFC-branded Android smartphone released in China is the latest special edition phone from Huawei. The phone has been released to commemorate the chicken chain’s 30th anniversary of entering the Chinese fast food market. KFC... 
Abercrombie & Fitch Shares Plunge After Termination Of Takeover Talks

Abercrombie & Fitch Shares Plunge After Termination Of Takeover Talks

Abercrombie & Fitch (NYSE:ANF) has announced that it has terminated talks over a potential sale of the business. In a press release, Abercrombie chairman Arthur Martinez said that the retailer “determined that the best path... 
Snortable Chocolate May Soon Be Under FDA Scrutiny

Snortable Chocolate May Soon Be Under FDA Scrutiny

Federal regulators are being urged to look into a “snortable chocolate” powder that is now being sold. Food and Drug Administration has been asked to investigate the use of caffeine in inhalable food products, such as a... 
Samsung Electronics Predicts Record Profit For Q2

Samsung Electronics Predicts Record Profit For Q2

Samsung Electronics Co Ltd (SSNLF) recently estimated that its operating profit likely rose to a new record in the second quarter of its fiscal year. The company said second-quarter operating profit was likely 14 trillion won ($12.11... 
Tesla Announces First Model 3s Ready By July’s End

Tesla Announces First Model 3s Ready By July’s End

Six months from now, we’ll know whether Tesla (NASDAQ:TSLA) is capable of high-volume production of its new mid-market Model 3. The Model 3 is Tesla’s first high-volume car. The new model has a $35,000 base price and a range of... 
Legionnaires Outbreak Confirmed At The Guest House At Graceland

Legionnaires Outbreak Confirmed At The Guest House At Graceland

A Legionnaires outbreak at The Guest House at Graceland hotel has been confirmed by health officials at the Shelby County Health Department (SCHD). The hotel, managed by Pyramid Hotel Group, is located at Graceland, the Memphis, Tennessee... 
Google Changes Policy On Reviews Of Gmail Emails

Google Changes Policy On Reviews Of Gmail Emails

Alphabet’s (NASDAQ:GOOG) Google division has released an announcement detailing a policy change regarding the company’s reviewing of Gmail emails for advertising purposes. Google will soon stop its computers from reading the emails... 
Federal Investigations Into SeaWorld Revealed In SEC Filing

Federal Investigations Into SeaWorld Revealed In SEC Filing

SeaWorld Entertainment Inc. (NYSE:SEAS) has revealed that the company is the subject of multiple federal investigations. Two federal agencies are reportedly investigating SeaWorld over statements about the 2013 “Blackfish” documentary... 
Wisconsin And Indiana Losing Anthem As ACA Insurer

Wisconsin And Indiana Losing Anthem As ACA Insurer

Health insurer Anthem (NYSE:ANTM) is almost completely withdrawing from the Affordable Care Act markets in Wisconsin and Indiana in 2018. The company said, “After significant dialogue with state leaders and regulators Anthem has... 
Allegiant Launches Biggest Route Expansion Yet

Allegiant Launches Biggest Route Expansion Yet

Allegiant Air (NASDAQ:ALGT) is expanding to 28 new routes and three new destinations, according to a statement by the company. Allegiant began with one plane and one route in 1999. Now, the airline operates more than 80 aircraft and... 
Snap Inc. Reaches $100M Show Deal With Time Warner

Snap Inc. Reaches $100M Show Deal With Time Warner

Time Warner (NYSE:TWX) is reportedly planning to invest $100 million in shows and advertising on Snap Inc.’s (NYSE:SNAP) Snapchat over the next two years. The information comes from a person familiar with the matter who asked... 
Nestlé Seeking Buyer For Its U.S. Candy Business

Nestlé Seeking Buyer For Its U.S. Candy Business

Nestlé SA (NESN) has put its U.S. confectionery business up for sale. The U.S. confections business generated about $922 million in sales last year, representing 3 percent of its total U.S. sales. Based on analysts’ valuations... 
FDA Requests Endo Pharmaceuticals Withdraw Opioid Painkiller

FDA Requests Endo Pharmaceuticals Withdraw Opioid Painkiller

The Food and Drug Administration has requested that Endo Pharmaceuticals withdraw its Opana ER painkiller from the market. The request shocked lawmakers, advocates and the pharmaceutical industry. This is the first time the agency...