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Shares of Gap Fall As No Recovery Seen in Flagship Brand

Shares of Gap Fall As No Recovery Seen in Flagship Brand

Gap Inc. shares were down by 8% on Friday before the opening bell a day after the namesake brand of the company posted a bigger than had been expected fall in comparable sales, which raised concerns... 
Traders in China Dump Cheap Coal in U.S. for Domestic Supply

Traders in China Dump Cheap Coal in U.S. for Domestic Supply

Several coal traders in China handling imports from the U.S. have starting sourcing domestic supplies for the future, people knowledgeable about the situation have said, as delivery of the last... 
Nabisco Frees Its Animals After More Than a Century

Nabisco Frees Its Animals After More Than a Century

Animal Crackers are not behind bars any longer although it took 116 years to accomplish. The Barnum’s Animals, a classic snack from Nabisco, has changed its packaging and no longer depicts... 
First Version of Generic EpiPen Approved by FDA

First Version of Generic EpiPen Approved by FDA

On Thursday, the U.S. Food and Drug Administration approved the first version of a generic EpiPen, in a move that brings new competition for the allergy injection that is lifesaving and helped... 
Banks Increase Security Following Warnings by FBI on New ATM Attacks

Banks Increase Security Following Warnings by FBI on New ATM Attacks

Banks have been put on high alert for new attacks that target cash at ATMs, after U.S. banks were warned last week by the Federal Bureau of Investigation of potential threats. Routinely FBI advises... 
J.C. Penney Opening 500 Baby Shops

J.C. Penney Opening 500 Baby Shops

Retailer J.C. Penney will expand the baby products that it sells at stores beyond just clothing as the chain joins many other department store chains trying to claim some of the sales of the... 
Amazon Launches New Curbside Pickup at Whole Foods

Amazon Launches New Curbside Pickup at Whole Foods

Amazon has announced that it is starting another curbside pickup service, but this time the service is at Whole Foods for members of its Prime club. This new service allows members of the subscription... 
Heineken and China Resources Beer Reach $3.1 Billion Deal

Heineken and China Resources Beer Reach $3.1 Billion Deal

Heineken NV will purchase a stake of $3.1 billion in the company that controls China Resources Beer, the largest brewer in China, as the two companies look to tap into the increasing thirst by... 
Charmin and Pampers Becoming More Expensive

Charmin and Pampers Becoming More Expensive

Pampers, Charmin, Puffs and Bounty will all cost more soon. On Tuesday, Proctor & Gamble announced that it would be raising the prices for its Pampers 4% in North America. The consumer products... 
Caterpillar Posts Record Profit, Lifts Forecast

Caterpillar Posts Record Profit, Lifts Forecast

Caterpillar posted earnings per share that set a record for the second quarter on Monday and raised its forecast for the full year. The heavy equipment maker and exporter said it would offset... 
Coca-Cola Raising Prices of Soda, Should Reach Consumers

Coca-Cola Raising Prices of Soda, Should Reach Consumers

CEO of Coca-Cola James Quincey said the soft drink maker will increase its prices of soda for the U.S. in 2018 due to the financial strain that the metals tariffs placed by President Donald Trump... 
Acceleration in Cord Cutting, Millions More to Follow

Acceleration in Cord Cutting, Millions More to Follow

Cord cutting has become quite complicated. Consumers are not sure which of the streaming services available including Amazon, Netflix, and Hulu is the best for their buck. Nevertheless, consumers... 
Yelp Goes Nationwide with Restaurant Hygiene Scores

Yelp Goes Nationwide with Restaurant Hygiene Scores

Few if any restaurant patrons want to book a reservation at an eatery considered to be dirty. Yelp realizes that and is now making it much easier for restaurant patrons to find out whether a... 
China Probing Imports of Stainless Steel from the EU, Indonesia, Korea and Japan

China Probing Imports of Stainless Steel from the EU, Indonesia, Korea and Japan

On Monday, China launched its own anti-dumping probe into imported stainless steel worth $1.3 billion that includes the metal from a Chinese mill that is privately owned with offshore operations,... 
Alcoa, Amazon and Toyota Amongst Others Search to Counter Tariffs

Alcoa, Amazon and Toyota Amongst Others Search to Counter Tariffs

Big businesses in the U.S. from Alcoa Corp to Amazon.com and Toyota Motor Corp. are working in an attempt to counter the effects of the White House administration’s policies on trade and head... 
IBM Beats the Street on Earnings, Stock Jumps

IBM Beats the Street on Earnings, Stock Jumps

Shares of IBM rose after a quarterly earnings beat. The stock fluctuated immediately following the release of earnings, but then increased by over 2.5% above the closing prices on Tuesday of... 
Bowing to Pressure in U.S. Novartis Ends Price Hikes

Bowing to Pressure in U.S. Novartis Ends Price Hikes

Helped by strong results from the second quarter CEO of Novartis Vas Narasimhan is expecting the drug maker to reach the top of its sales guidance for 2018 despite joining its rival Pfizer in... 
Friday Kicked Off Earnings Season with Not Much of a Bang

Friday Kicked Off Earnings Season with Not Much of a Bang

The earnings season for the 2018 second quarter began Friday as big banks such as JPMorgan Chase and Citigroup beat expectations, while Wells Fargo came up short. However, each of the three stocks... 
US Ban on ZTE Nearing an End

US Ban on ZTE Nearing an End

On Thursday, the US government announced that the Chinese company, ZTE will quickly clear its last big obstacle to remove a crippling ban. This resulted in ZTE´s shares to soar in price by 25%.... 
Fox Offers More for Sky

Fox Offers More for Sky

On Wednesday, the 21st Century Fox stated that they have come up with a new deal that values Sky, the UK broadcaster, at about £24.5 billion ($32.5 billion). The other company in this bidding... 
J.M. Smucker Selling Hungry Jacks, Pillsbury and other Brands

J.M. Smucker Selling Hungry Jacks, Pillsbury and other Brands

Smuckers is well-known for its jelly, Jif peanut butter and the celebrated coffee, Folgers. It has announced that Brynwood Partners, a private equity company, will be acquiring parts of the company... 
Twitter Has Suspended More Than 70 Million Accounts the Last Two Months

Twitter Has Suspended More Than 70 Million Accounts the Last Two Months

Twitter Inc. has suspended over one million accounts per day over the past two months to lower the amount of misinformation that is on the microblogging platform, says a report by the Washington... 
MoviePass Begins Surge Pricing

MoviePass Begins Surge Pricing

Subscribers of MoviePass may now have to spend slightly more money when they return to the theater. The service that allows is customers to see one movie per day for a price of $10 per month,... 
China Finds Way to Battle Chipmakers in U.S.

China Finds Way to Battle Chipmakers in U.S.

Taiwan’s United Microelectronics Corporations won its patent case brought against Micron Technology based in Idaho, in a court in China. The court in China ordered Micron chips to be halted... 
Construction Insurance – How it can be beneficial in helping you gain contracts?

Construction Insurance – How it can be beneficial in helping you gain contracts?

The construction industry is one of those industries which are sadly prone to accidents due to the nature of their tasks which are usually of high risk. There can be several types of injuries... 
Lyft Makes Big Move in Bike-Sharing

Lyft Makes Big Move in Bike-Sharing

Lyft, one of the giants in ride-hailing, that closed on a fresh round of funding that reached $600 million, announced this week it followed the lead of arch-rival Uber by acquiring Motivate,... 
States in Australia and Retail Chains Banning Plastic Bags

States in Australia and Retail Chains Banning Plastic Bags

In order to reduce waste from single-use plastic bags, several of the largest retailers in Australia have agreed to ban them. While the environmental groups and shoppers applaud the action, implementing... 
Coffee Bean & Tea Leaf Heats Up Coffee Wars in NYC

Coffee Bean & Tea Leaf Heats Up Coffee Wars in NYC

Independent coffee retailer Coffee Bean & Tea Leaf based in Los Angeles announced on Tuesday it is planning to open new franchises this year in New York City. Eventually the number of franchises... 
Top Executive With Netflix Ousted After N-Word Used

Top Executive With Netflix Ousted After N-Word Used

Netflix Chief Communications Officer Jonathan Friedland was forced out after the company’s CEO said he used the N-word more than once in front of colleagues. The former CCO issued an apology... 
Ford Motor and VW Group In Talks About Developing Vehicles

Ford Motor and VW Group In Talks About Developing Vehicles

Ford Motor, one of the Big Three automakers in the U.S. and Germany-based Volkswagen AG are in talks to possibly work together on several projects, including the joint development of commercial... 
WhatsApp: One Million in India Test Payment Service

WhatsApp: One Million in India Test Payment Service

Nearly one million people across India have been testing the payment service of WhatsApp, and the messaging service said it’s working with the government in India, the National Payments Corporation... 
China’s Ride-Hailing Giant Didi Chuxing to Launch in Australia

China’s Ride-Hailing Giant Didi Chuxing to Launch in Australia

Didi Chuxing, the leader in ride-hailing for China is continuing to expand internationally with its announcement of launching this month in Australia. The company, which acquired the China business... 
Toyota Invests $1 Billion in Ride-hailing Company Grab

Toyota Invests $1 Billion in Ride-hailing Company Grab

A big bet has been placed by Toyota on the largest Southeast Asia ride-hailing company. The automaker based in Japan is investing $1 billion into Grab, which is based in Singapore. The investment... 
Sources: KKR Nearing Agreement to Buy Envision

Sources: KKR Nearing Agreement to Buy Envision

KKR & Co. the private equity company is close to reaching an agreement to buy Envision Healthcare Corp., the U.S.-based provider of physician services for a per share price of $46, equal... 
Airlines Warning Higher Fares on the Way with Fuel Prices Rising

Airlines Warning Higher Fares on the Way with Fuel Prices Rising

Jet fuel has risen in cost by as much as 50% over the last year and airlines top executives have started to warn they might need to increase ticket prices as well as cut capacity if the cost... 
Security Breach at MyHeritage Exposes Over 92 Million Emails

Security Breach at MyHeritage Exposes Over 92 Million Emails

The family tree and genetic analysis website MyHeritage was breached in 2017 by unknown hackers, who succeeded in stealing emails and hashed passwords for all of the more than 92 million registered... 
Transfer Wise Enters Into Deal with First Major Bank for Inexpensive Currency Transfers

Transfer Wise Enters Into Deal with First Major Bank for Inexpensive Currency Transfers

TransferWise announced on Monday a partnership with Groupe BPCE in France, to offer money transfers for low cost to the customers of the lender marking the first big integration of the startup... 
Microsoft More Valuable by $10 Billion Than Alphabet

Microsoft More Valuable by $10 Billion Than Alphabet

When Microsoft was first passed by Google six years ago with regard to stock market capitalization, it appeared like the two companies were headed in distinctly opposite directions. However,... 
Workers at Harley-Davidson Say Closure of Plant Is a Bad Dream

Workers at Harley-Davidson Say Closure of Plant Is a Bad Dream

Worker for Harley-Davidson from across the U.S. are reeling following a new report has revealed that a plant closure as well as layoffs were planned even though the company expected to receive... 
Victoria’s Secret Planning Image Upgrade to Attract Younger Women

Victoria’s Secret Planning Image Upgrade to Attract Younger Women

Underwear, bra, lounge, sports and intimate wear maker Victoria’s Secret is attempting to attract younger women as well as entice back former clients through focusing on its core categories... 
Sony Will Acquire Stake of Mubadala in EMI Music Publishing

Sony Will Acquire Stake of Mubadala in EMI Music Publishing

A wholly owned subsidiary of Sony, Sony Corporation of America, has reached an agreement to acquire the entire stake currently held by Mubadala Investment, an Abu Dhabi consortium, of EMI Music... 
President Trump Pressured Postal Service to Double Rates for Amazon

President Trump Pressured Postal Service to Double Rates for Amazon

According to a report on Friday in The Washington Post, President Donald Trump personally pressured the U.S. Postal Service to double the rate that it charges Amazon for delivering packages. Trump... 
Tencent Sees Profit Increase of 61% Thanks to Games Business

Tencent Sees Profit Increase of 61% Thanks to Games Business

On Wednesday, Tencent reported its earnings for the first quarter that beat Wall Street expectations boosted by its hugely successful gaming business. Shares in the second most valuable Asian... 
Following Scandal Involving Cambridge Analytica 200 Apps Suspended by Facebook

Following Scandal Involving Cambridge Analytica 200 Apps Suspended by Facebook

On Monday, Facebook announced that close to 200 apps have been suspended amidst the ongoing internal investigation that was prompted as a result of the scandal involving Cambridge Analytica into... 
China’s Xiaomi Filing for Big IPO in Hong Kong

China’s Xiaomi Filing for Big IPO in Hong Kong

Xiaomi, one of the biggest makers of smartphones in the world, has filed to become a public company in Hong Kong in what should be a massive initial public offering. The Chinese company handed... 
Twitter Teaming Up with Disney for Live Sports and More

Twitter Teaming Up with Disney for Live Sports and More

Twitter has signed over 30 deals with media publishers that include NBCUniversal and Walt Disney Co. to increase its offerings of videos with more news, sports and entertainment. NBCUniversal,... 
Stock Markets in Canada Shut Abruptly By Technical Problem

Stock Markets in Canada Shut Abruptly By Technical Problem

The stock market in Canada is the sixth largest in the world and on Friday shut down abruptly after an outage kept market participants from the main exchanges. However, officials at the exchange... 
Subway Closing 500 Restaurants in U.S. Opening 1,000 Overseas

Subway Closing 500 Restaurants in U.S. Opening 1,000 Overseas

Milford, Connecticut-based Subway Restaurants has announced it is planning to close as many as 500 locations across the U.S. The restaurant chain wants to put more focus on better locations and... 
Sales and Profits Surge at Google

Sales and Profits Surge at Google

Business at Google is very good despite worries over data privacy. Google’s parent company, Alphabet, posted a $9.4 billion profit for the first quarter of 2018, which was up from last year’s... 
ZTE: U.S. Ban Severely Impacts Survival and Hurts American Businesses

ZTE: U.S. Ban Severely Impacts Survival and Hurts American Businesses

On Friday, ZTE, based in China, said that the ban by the U.S. on exports to the technology company could threaten its survival as well as adversely affect companies in the U.S. Earlier during...