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Philip Morris Suffers Worst Day in Ten Years

Philip Morris Suffers Worst Day in Ten Years

Philip Morris International stick plunged by 16% in the worst day the company has experienced since spinning off in 2008 from Altria. The share price drop came after PMI posted results for its latest quarter that were mixed and said... 
Starbucks Closing All Stores in U.S. for One Afternoon

Starbucks Closing All Stores in U.S. for One Afternoon

On May 29, Starbucks will close all of its stores in the U.S. and its corporate offices to give its employees anti-racial bias training. This comes after two black men were arrested a week ago while waiting at a Philadelphia Starbucks. The... 
Women Strive to Make Their Mark in Venture Capital Investing

Women Strive to Make Their Mark in Venture Capital Investing

[email protected] contributor Carrie Kerpen did the math and it doesn’t add up. Despite an overwhelming success rate of women in business, venture capital investors tend to put more money in male-owned startups and entities. This begs... 
Pub Chain Shutters Its Accounts on Social Media

Pub Chain Shutters Its Accounts on Social Media

JD Wetherspoon, a chain of pubs, has used its Twitter account to tell its more than 44,000 followers it has quite social media. The head office of the company and its 900 pubs will not use the micro-blogging site and will close their... 
Mylan Seeking Deal to Buy Consumer Products Unit at Merck

Mylan Seeking Deal to Buy Consumer Products Unit at Merck

Generic drugs maker Mylan is holding advanced negotiations with Merck to acquire the company’s consumer healthcare unit after other bidders did not meet the price expectations of the German company said people close to the situation. The... 
U.S. Authorities Shut Down Sex Ads Site Backpage

U.S. Authorities Shut Down Sex Ads Site Backpage

Law enforcement authorities in the U.S. have seized Backpage.com the website that was a sex marketplace as part of a Federal Bureau of Investigation enforcement action, according to Friday’s posting on the landing page for the website. Political... 
China to Fight Back Against Trade Tariffs

China to Fight Back Against Trade Tariffs

On Friday, China warned that it would fight back with fresh new trade measures against the U.S., if the White House continues on its protectionism course. This announcement came hours after U.S. President Donald Trump said he could... 
Automakers March Sales Up on Strong Economy and Discounts

Automakers March Sales Up on Strong Economy and Discounts

On Tuesday, major automakers reported higher sales for new vehicles for March thanks to a strong economy in the U.S. and large consumer discounts, helping to send shares in automakers up in trading. General Motors posted a jump of... 
Vacancies in Malls Reached High of Six Years

Vacancies in Malls Reached High of Six Years

Construction and leasing activity for malls during the first quarter of 2018 was extremely slow, showed a report from Reis Inc. a data company. Vacancies in regional shopping malls climbed to a high of six years during the first three... 
Walmart Takes Cosmopolitan Magazine from Checkout Lines

Walmart Takes Cosmopolitan Magazine from Checkout Lines

Cosmopolitan magazine was able to make its name by having provocative covers. Walmart has decided to no longer sell the magazine at its checkout counters. The company called the move a business decision, but at least one advocacy group... 
GM: If Union Does Not Give Concessions South Korea Unit Will File Bankruptcy

GM: If Union Does Not Give Concessions South Korea Unit Will File Bankruptcy

General Motors has said that its operations in South Korea, which are losing money, would have to file bankruptcy if the union did not agree to concessions, which includes slashing labor costs, before April 20. This has put heavy pressure... 
Personal Ads Eliminated at Craigslist Following Passage of Legislation

Personal Ads Eliminated at Craigslist Following Passage of Legislation

Craigslist, the popular online classified ads site has stopped the publishing of personal ads on its sites after the U.S. Senate passed a controversial bill involving sex trafficking that would make website operators more accountable... 
Starbucks Push for Mobile Ordering Meets with Resistance by Ritual Seekers

Starbucks Push for Mobile Ordering Meets with Resistance by Ritual Seekers

Starbucks is trying to get more people to use the company’s time-saving mobile app for ordering that allows customers to purchase drinks without needing to wait in line. Interviews held with over 25 customers of Starbucks suggest... 
Macy’s to Allow Use of Mobile App to Sidestep Sales Clerk

Macy’s to Allow Use of Mobile App to Sidestep Sales Clerk

Macy’s is going to let customers bypass sales clerks in the process of making purchases. The department store giant announced on Monday some new features that are coming to the mobile app it has including one known as Mobile Checkout,... 
Netherlands to Become Only Headquarters for Unilever

Netherlands to Become Only Headquarters for Unilever

On Thursday, Unilever announced that it was making Rotterdam, the Netherlands, its only headquarters, which deals a big blow to Britain during its withdrawal negotiations with the European Union. For close to 90 years, the consumer... 
How Customized Gambling Platform Can Increase Your Income

How Customized Gambling Platform Can Increase Your Income

Today gambling business is very beneficial. People who invest into online gambling make huge profits. There are so many gambling platforms online that it is hard to count them all. Although gambling is popular, and there are many people... 
Why is everyone saying that Bitcoin is the future

Why is everyone saying that Bitcoin is the future

Cryptocurrencies led by Bitcoin have been the topic of discussion globally for the past few months now and rightly so. This has made many financial analysts and people speculate that Bitcoin is the future of financial transactions. What... 
Bird Raises $100 Million for Its Electric Scooters

Bird Raises $100 Million for Its Electric Scooters

Bird has confirmed that Valor Ventures and Index Ventures led a new round of funding that raised $100 million for Bird, making the startup the Uber of the electric scooters world. The company has been given a $300 million valuation... 
Snap to Lay Off 100 More Employees

Snap to Lay Off 100 More Employees

According to several reports Snap will lay off approximately 100 employees from its engineering staff. This is yet another signs of the re-alignment efforts taking place as Snap looks to reinvent itself into a company that is able... 
Meal Kits Available at Walmart Stores and Online

Meal Kits Available at Walmart Stores and Online

Following the launch of grocery delivery by Amazon at Whole Foods through its Prime Now program, Walmart announced on Monday it was rolling out an option for its grocery delivery and pickup service that is meant to entice busy families:... 
L.L. Bean Increases Minimum Age for Purchasing Firearms

L.L. Bean Increases Minimum Age for Purchasing Firearms

LL Bean raised its minimum age for purchasing a firearm, and that trend has started to sweep the industry. Retailers across the country are implementing new policies related to firearm sales. This week, LL Bean said that after it had... 
Live Gaming Experiences Could Be Industry’s Next Big Trend

Live Gaming Experiences Could Be Industry’s Next Big Trend

Live game experiences may be emerging as the games industry’s next, major trend. There is growing interest surrounding live gaming, or game experiences that allow players to have greater interactivity with games, as players... 
Why Is It Necessary to Study Business Management?

Why Is It Necessary to Study Business Management?

While a professional online writer offers “Buy my essays!”, a young entrepreneur may start his/her own business. Although it is possible to have a profitable business without education today, the lack of knowledge can become a... 
Bill Ackman Ends Fight with Herbalife, Buys Shares of United Technologies

Bill Ackman Ends Fight with Herbalife, Buys Shares of United Technologies

William Ackman the billionaire activist investor wagered $1 billion six years ago that the stock price of Herbalife would plunge to zero after he publicly called the nutrition company nothing more than a fraud in a presentation for... 
New York Times Planning Television Program

New York Times Planning Television Program

The New York Times has podcasting perfected with “The Daily,” and now wants to break into television by having a weekly news program. The Times, according to a recent job listing, is looking to hire an executive producer for its... 
Sturm Ruger: Gun Sales Plummet

Sturm Ruger: Gun Sales Plummet

On Wednesday, Sturm Ruger reported a drop in double-digits for gun sales as well as earnings for most the recent quarter and full year. Sturm Ruger is a major gun maker and said that its net sales dropped by 27% during its fourth quarter... 
Profit at BHP Falls Amidst Rising Prices of Commodities

Profit at BHP Falls Amidst Rising Prices of Commodities

BHP Billiton Ltd. reported a fall of 37% in its net profit for the first-half, but said its midyear dividend would be lifted by 38% following resurgent commodity prices that sharply increased company cash flow. BHP, which is the largest... 
CIA, FBI and NSA: Do Not Use Phones Made by Huawei or ZTE

CIA, FBI and NSA: Do Not Use Phones Made by Huawei or ZTE

Intelligence agencies in the U.S. issued stern warnings to U.S. citizens to not purchase smartphones that are made by Chinese phone makers ZTE or Huawei. Top CIA, FBI and NSA officials as well as those from the Defense Intelligence... 
Barnes & Noble Makes Job Cuts Following Dismal Holiday Sales

Barnes & Noble Makes Job Cuts Following Dismal Holiday Sales

Barnes & Noble will cut staff, as it lays off digital leads, lead cashiers and other workers with experience in a companywide cutting of staff The news arrived abruptly for most of the workers affected who arrived at work on Monday... 
Dunkin’ Donuts Will End Use of Foam Cups by 2020

Dunkin’ Donuts Will End Use of Foam Cups by 2020

Earlier this week, Dunkin’ Donuts announced that it would be ending its use of foam cups by 2020. The company added that it would replace the foam cups with a new paper cup with double walls. The coffee chain, based in New England,... 
New Jersey Enacting Regulations for Net Neutrality of its Own

New Jersey Enacting Regulations for Net Neutrality of its Own

ISPs wanting to conduct business with New Jersey must promise to treat all traffic on the internet equally. New Jersey, in doing this, becomes the most recent state to enact net neutrality regulations of its own following the dismantling... 
Phishing Scam Involving Netflix Provokes Warning by Police

Phishing Scam Involving Netflix Provokes Warning by Police

A phishing scam over the past few months has been arriving in email inboxes of customer of Netflix. The scam attempts to trick people into releasing their personal data, such as credit card numbers. The fake notice in the email claims... 
AT&T Posts Earnings That Beat Expectations

AT&T Posts Earnings That Beat Expectations

On Wednesday, AT&T posted results for the fourth quarter that beat expectations on Wall Street. The company announced that it saw strong growth in wireless customers as well as fewer cancellations of subscribers than was projected... 
Steve Wynn Calls Accusations of Sexual Misconduct Preposterous

Steve Wynn Calls Accusations of Sexual Misconduct Preposterous

Steven Wynn the Las Vegas casino mogul routinely subjected women who were employed by him to unwanted sexual advances detailed dozens of present and past employees, said a report on Friday in the Wall Street Journal. However, the billionaire... 
Budweiser Falls Out of Top Three Favorite Beers in U.S.

Budweiser Falls Out of Top Three Favorite Beers in U.S.

Budweiser is not amongst the three most popular brews in the U.S. any longer. Prior to 2001, Budweiser was the No. 1 selling U.S. beer, but relinquished its crown to Bud Light. In 2011, Budweiser was knocked down from second to third... 
Twitter Notifying Users Who Were Exposed to Propaganda from Russians

Twitter Notifying Users Who Were Exposed to Propaganda from Russians

Twitter Inc. is reviewing interference by Russians during the U.S. election in 2016 and said Friday that it would be notifying some users whether they had been exposed to content that a suspected propaganda service from Russia had... 
Apple Planning New Campus in U.S., Repatriating Cash

Apple Planning New Campus in U.S., Repatriating Cash

Apple Inc. will be opening a new campus that is part of its new five-year, U.S. investment plan of $30 billion. The tech giant also announced it would make one-off tax payments of approximately $38 billion on overseas cash, one of... 
SoftBank Might Split to Focus on Tech

SoftBank Might Split to Focus on Tech

Masayoshi Son becomes well known thanks to his big bets on companies such as Uber and Alibaba. However, the big move for the billionaire who founded SoftBank could be right in his own back yard. SoftBank, a telecom company based in... 
Live Nation Buys Assets of Ticketing Start Up After Settling

Live Nation Buys Assets of Ticketing Start Up After Settling

Songkick’s specialty was artist presales – selling large batches of tickets to fans in advance of a concert, often as much as 8% of the entire tickets for a particular show. Two years ago, the ticketing startup that operated from... 
Samsung Comes Up Short on Profit

Samsung Comes Up Short on Profit

Samsung Electronics Co. came up short of expectations on Wall Street for profit as the surging currency in South Korea and bonuses for the year-end outweighed its display orders from Apple Inc. for its new iPhone X. The electronics... 
Sears Holdings to Close Another 103 Stores

Sears Holdings to Close Another 103 Stores

Sears Holdings Corp announced it would be closing 103 more stores including 39 Sears and 64 Kmart stores that will be shuttered between March and April. Sears in its statement posted on its official website said it is continuing to... 
El Al Airlines Will Begin Silicon Valley Flights

El Al Airlines Will Begin Silicon Valley Flights

El Al Airlines said Wednesday it would start nonstop flights from Tel Aviv to San Francisco during the fourth quarter, with its continued expansion into North America. The flag carrier of Israel is facing more competition for discount... 
With a Widening Lineup, Apple’s Dependence on iPhone X Lessens

With a Widening Lineup, Apple’s Dependence on iPhone X Lessens

In prior years, demand for the latest flagship iPhone handset was critical to the results of the company over the holiday season shopping quarter. However, it appears that dynamic may be changing as Apple’s lineup is widening of... 
Apple Board Tells Tim Cook to Fly Private Jet

Apple Board Tells Tim Cook to Fly Private Jet

The board of directors of Apple Inc. has told their CEO Tim Cook that he must fly a private jet when traveling, whether it is for work or pleasure. The new policy was first implemented recently in the interest of efficiency and security... 
Amazon: Echo Dot Was Best-Selling of All Products

Amazon: Echo Dot Was Best-Selling of All Products

The 2017 holiday shopping season has concluded which means that Amazon has released some of its data related to shopping online since the beginning of November. The Echo Dot, an Amazon branded product, was the top-selling Amazon device... 
China’s Booming Market for Pets Creating Deals

China’s Booming Market for Pets Creating Deals

The pet industry in China is booming. With an increase in the size of the middle class, a big move to urbanization and other changes in demographics such as increasing numbers of elderly, as well as people marrying and raising families... 
Companies Using Facebook to Keep Older Workers from Seeing Job Ads

Companies Using Facebook to Keep Older Workers from Seeing Job Ads

Verizon placed a Facebook ad a few weeks ago to recruit applicants for its unit that focuses on financial analysis and planning. The ad included a millennial-aged, smiling woman who was seated at her computer and promised new hires... 
Catt Sadler Leaving E! Because of Pay Dispute

Catt Sadler Leaving E! Because of Pay Dispute

Catt Sadler the longtime host on the E! channel said she will leave the company because of a huge pay disparity. In a blog post Tuesday night, Sadler wrote that she wanted to remain at E! but the channel would not pay. She added that... 
Spat Between Boeing and Bombardier Could Affect Trade Deals

Spat Between Boeing and Bombardier Could Affect Trade Deals

On Monday, Boeing and Bombardier traded barbs over the U.S. plane maker’s claim that its rival in Canada benefited from illegal government subsidies in the billions of dollars and sold its most recent airliner in the U.S. at less... 
Japan’s Amazon Planning Cell Phone Network of its Own

Japan’s Amazon Planning Cell Phone Network of its Own

Rakuten said on Thursday in a prepared statement it is planning to build a mobile network and hopes to launch services during 2010 and eventually have a minimum of 15 million subscribers. It is a big bold move by a company that began...