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Sky Posts Strong Quarter Prior to Takeover Battle Heating Up

Sky Posts Strong Quarter Prior to Takeover Battle Heating Up

Pay-TV group Sky, which is at the center of a takeover battle pitting Fox, Comcast and Disney against one another, reported a strong fiscal third quarter Thursday, underlining its appeal to rival entertainment groups in the U.S. wanting... 
Ola Wants One Million Electric Vehicles in India

Ola Wants One Million Electric Vehicles in India

The largest ride-hailing business in India has very ambitious plans of putting one million electric vehicles on the polluted streets of the country. Ola, the biggest rival to Uber in India, announced on Monday that its first step would... 
MSC Cruise Ship Smashes into Dock in Honduras

MSC Cruise Ship Smashes into Dock in Honduras

An investigation is being carried out by MSC Cruises as to why one of its large cruise ships deviated from course and tore apart a dock it hit on Tuesday of this week in Honduras. MSC Armonia, which is currently on a weeks-long cruise... 
Ups and Downs Warned About by CEO at Spotify Prior to IPO

Ups and Downs Warned About by CEO at Spotify Prior to IPO

Spotify the leader in streaming music appears to be readying itself for a potential bumpy ride on the stock market on its first trading day Tuesday, following a sell-off on Monday of tech stocks by Wall Street. In a letter released... 
Sources: Nissan and Renault Talking Merger

Sources: Nissan and Renault Talking Merger

Renault SA and Nissan Motor are holding talks to merge and create a new entity that trades one stock, said sources close to the matter. A new deal would end an existing alliance between the two automakers and make them into one, said... 
Nissan Slowing Output Following Drop in Demand in U.S.

Nissan Slowing Output Following Drop in Demand in U.S.

Nissan Motor Co. will slow production at several of its assembly plants in order to maintain the supply of vehicles on the dealers’ lots across the U.S. in check as weaker demand caught the carmaker off guard and bloated its supply. The... 
Billionaires Begin Seeing Openings to Enter German Soccer

Billionaires Begin Seeing Openings to Enter German Soccer

A little known rule that has stopped big money from German soccer is losing its support, while club owners are finding ways to get around it. Over the last few years billionaires have invested large sums of money into international... 
Adidas Releases Lower Forecast for Growth in Sales and Profit

Adidas Releases Lower Forecast for Growth in Sales and Profit

Sportswear maker Adidas has released its forecast for growth in sales and profit for 2018, but the numbers are less than those of 2017, as the Germany-based company posted sales for its fourth quarter that fell short of forecasts by... 
Walmart Expanding Grocery Deliveries to 800 Stores

Walmart Expanding Grocery Deliveries to 800 Stores

Walmart is expanding its online delivery services for groceries to over 800 stores. The expansion will be completed by the end of 2018. Competition continues to increase in the online grocery industry. The expansion opens the retailer... 
Coca-Cola to Launch Alcoholic Drink

Coca-Cola to Launch Alcoholic Drink

Coca-Cola, the soft drink maker, has plans to make an alcoholic drinking marking the first-ever time in its 125 years of being in business that it would produce a drink that contains alcohol. The alcopop-type product will be released... 
Foot Locker Hurt by Year End Losses

Foot Locker Hurt by Year End Losses

Foot Locker shares sank on Friday in trading after the retailer of athletic footwear and apparel posted mixed results and announced that sales would continue to drag starting 2018, which in turned spooked analysts and investors. Sales... 
AT&T Implementing 5G Service in a Dozen U.S. Cities in 2018

AT&T Implementing 5G Service in a Dozen U.S. Cities in 2018

The first deployment of the 5G mobile service for AT&T will come to areas of Atlanta, Dallas and Waco, Texas before the end of this year, with nine additional cities in the U.S. to be announced over the upcoming months. AT&T... 
Amazon Giving Back 5% on Purchases at Whole Foods by Prime Members

Amazon Giving Back 5% on Purchases at Whole Foods by Prime Members

With e-commerce giant Amazon expanding into the grocery business, its loyalty programs full of perks is following close behind. Members of Amazon Prime who uses the company’s Prime Rewards Visa card will now receive 5% back when... 
Software May Have Given Daimler Help in Passing Emissions Test

Software May Have Given Daimler Help in Passing Emissions Test

Investigators in the U.S. probing Daimler the maker of Mercedes Benz have found its cars were outfitted with software that might have helped them pass strict emissions tests for diesel engines, reported a German newspaper on Sunday.... 
Department of Insurance in California Opens Investigation of Aetna

Department of Insurance in California Opens Investigation of Aetna

California’s Department of Insurance has opened an investigation of insurance giant Aetna after a doctor, who was once employed by the company, admitted under oath that he never looked at the records of patients prior to deciding... 
CEO of Lululemon Resigns; Misconduct Cited

CEO of Lululemon Resigns; Misconduct Cited

Effective immediately Laurent Potdevin the CEO at Lululemon Athletica has resigned from the yoga wear maker said the company in a prepared statement on Monday. Lululemon said that Potdevin had fallen short of conduct and standards... 
Tesla Solar Power Products Will Be Sold at Home Depot

Tesla Solar Power Products Will Be Sold at Home Depot

In its effort to make solar power products much more visible to the mainstream customers, Tesla is going to set up a retail space of its own inside Home Depot locations across the United States in an effort to promote and sell its... 
Pork Demand in U.S. Strong, Trade Disputes Could Hurt Exports

Pork Demand in U.S. Strong, Trade Disputes Could Hurt Exports

Consumers across the U.S. are buying large amounts of inexpensive pork, but farmers in the U.S. have become worried that trade disputes with important export markets in Mexico, Canada and China could hurt a part of their business that... 
CEO at Volkswagen Shocked by Repulsive Fume Tests

CEO at Volkswagen Shocked by Repulsive Fume Tests

Volkswagen’s CEO said the reports the carmaker sponsored tests exposing humans and monkeys to toxic fumes had “stunned” him. This came just two years after the automaker suffered through a cheating scandal involving emissions.... 
LG to Increase Prices of Washing Machines in United States

LG to Increase Prices of Washing Machines in United States

LG Electronics Inc. will increase its prices for most of the washing machines it sells in the United States, said the South Korea based company Wednesday, in response to the steep tariffs the White House administration placed on large... 
President Trump Approves Tariffs on Imported Washing Machines and Solar Panels

President Trump Approves Tariffs on Imported Washing Machines and Solar Panels

On Monday, in a pledge to defend businesses and workers in the U.S., President Donald Trump imposed new tariffs on imported large residential washing machines and components for solar panels. In a prepared statement, Robert Lightizer... 
OnePlus Phone Buyers May Have Suffered Credit Card Breach

OnePlus Phone Buyers May Have Suffered Credit Card Breach

For about 40,000 customers at OnePlus, things are not so good. The bad news is not related to the wait they may have before upgrading to OnePlus 6. It appears that the OnePlus website has been hacked, and that the hackers made off... 
Peugeot CEO Releases Ambitious Plan of Re-Entering U.S.

Peugeot CEO Releases Ambitious Plan of Re-Entering U.S.

Peugeot CEO Carlos Tavares announced Wednesday that the French carmaker would use the know-how of former engineers of Opel acquired from GM to develop new vehicles to re-enter the United States auto market. He added that Peugeot would... 
By 2022 Ford Plans Investment of $11 Billion and 40 Electric Vehicles

By 2022 Ford Plans Investment of $11 Billion and 40 Electric Vehicles

Ford Motor Co. announced that it would significantly increase its investments in electric vehicles by 2022 to over $11 billion and would have 40 hybrid and fully EVs in its lineup. This announcement was made on Sunday by Ford’s chairman... 
China Shuts Down Marriot Website Over Taiwan and Tibet Error

China Shuts Down Marriot Website Over Taiwan and Tibet Error

China shuttered the websites in Chinese of Marriot International for one week, after the company listed Taiwan, Tibet and other territories as separate countries. Apologies were made by the hotel group for its error and said it did... 
Microsoft: Security Patches Slowing PCs and Servers Down

Microsoft: Security Patches Slowing PCs and Servers Down

On Tuesday, Microsoft Corp. announced that its software patches it released to guard against the security threats in microchips slowed down servers and personal computers, with systems that run on older Intel Corp. processors having... 
Coal Sees Far More Mining Deals that Battery Metals

Coal Sees Far More Mining Deals that Battery Metals

Coal and iron dominated 2017 mining takeovers, show data released earlier this week, with buyers favoring the polluting energy maker they are familiar with over uncertainties of a future that is battery powered. While the largest of... 
China Messaging Giant WeChat Denies It Stores User Chats

China Messaging Giant WeChat Denies It Stores User Chats

Tencent Holdings, whose messaging app WeChat has over 1 billion users across the globe, denies that it stores any of the chat histories of his users, after Li Shufu an automotive industry tycoon from China reportedly claimed the company... 
Fiat Chrysler Announces Recall of Ram Pickups

Fiat Chrysler Announces Recall of Ram Pickups

The gear shifters in over 1.8 million Ram pickup trucks may accidently shift out of park and cause a rollaway, which has triggered Fiat Chrysler to announce a recall. The automaker announced on Friday that it was recalling the vehicles,... 
Pay Increases or Bonuses Promised When Tax Bill Passed

Pay Increases or Bonuses Promised When Tax Bill Passed

A few U.S. companies have already promised to pay a one-time bonus to employees or increase hourly wages if the new tax bill passed in Congress is signed by President Donald Trump. AT&T led the way by saying it is planning to use... 
Huge Profit to be Turned by Jerry Richardson in Selling Carolina Panthers

Huge Profit to be Turned by Jerry Richardson in Selling Carolina Panthers

Carolina Panthers owner Jerry Richardson will walk away with a huge profit when he sells the NFL franchise. On Sunday, he announced his plans to sell his principle share of the team after it was announced he was being investigated... 
Sanderson Farms: NFL Player Protests Hurting Sales

Sanderson Farms: NFL Player Protests Hurting Sales

First a pizza maker complained and now the NFL is hearing about poor sales from another favorite during football games – chicken wings. A drop in prices of chicken wings has Sanderson Farms, Inc. one of the biggest producers of poultry... 
Online TV Service to be Launched by T-Mobile in 2018

Online TV Service to be Launched by T-Mobile in 2018

Helped by its acquisition of Layer3 TV a television startup, T-Mobile plans to expand its momentum in wireless to providing TV service. The wireless carrier, which has seen steady growth in customer base for the past four years, announced... 
Unibail-Rodamco Acquires Westfield in $16 Billion Deal

Unibail-Rodamco Acquires Westfield in $16 Billion Deal

Unibail-Rodamco SE, the largest commercial landlord in Europe, has agreed to acquire Westfield Corp based in Australia for A$21 billion, equal to $15.8 billion, in the largest property acquisition in the last four years as dropping... 
Largest Ever Starbucks Opening in Shanghai

Largest Ever Starbucks Opening in Shanghai

Starbucks Corps views China as passing the United States as its biggest market within the next ten years as it believes the growing number of affluent consumers in the country will offset sluggish growth across the rest of the globe. Ratcheting... 
Waffle House Patron Cooked His Meal While Staff Slept

Waffle House Patron Cooked His Meal While Staff Slept

An inebriated and very hungry man knew what he had to do after stopping at a Waffle House in South Carolina in the early morning hours of Thursday. When the man arrived after spending the previous night drinking, he found the staff... 
State of California Sues Ashford University for Ripping Students Off

State of California Sues Ashford University for Ripping Students Off

As the White House administration backs away from the efforts of the Obama administration to crack down on for-profit universities, California has taken a step into that regulatory void. This week Xavier Becerra the California Attorney... 
Major Advertisers Suspend Campaigns on YouTube

Major Advertisers Suspend Campaigns on YouTube

Several large companies have suspended their ad campaigns on YouTube since last Friday after learning their advertisements had been displayed on videos that appear to sexualize children. By distancing themselves with YouTube, the companies... 
Macy’s Sales on Black Friday Hurt by Problem with Processing Credit Cards

Macy’s Sales on Black Friday Hurt by Problem with Processing Credit Cards

A massive slowdown in credit card and gift card processing was experienced by Macy’s on Black Friday, creating a setback that might hurt sales significantly and could cause the chain of department stores to lose large sums of money... 
Controversy Growing Again Over Annual Holiday Cups at Starbucks

Controversy Growing Again Over Annual Holiday Cups at Starbucks

Every year, without fail Starbucks is hit with significant amounts of criticism related to its holiday cups. The coffee chain that spans the globe regularly receives this backlash because of its ever-changing cups and the lack of traditional... 
Foot Lock Traction Slips During Latest Quarter

Foot Lock Traction Slips During Latest Quarter

Foot Locker continues its struggle getting back to its feet. Same-store sales or sales at stores open a minimum of one year ended the most recent quarter sluggish, and the chain of sneaker stores saw overall net income drop. However,... 
Former Tesla Employee Sues Carmaker for Racist Behavior

Former Tesla Employee Sues Carmaker for Racist Behavior

A former employee with Tesla has filed a harassment complaint against Tesla, calling the electric carmaker’s production floor nothing more than a “hotbed for racist behavior.” The worker sued the company, claiming he had been... 
Source: Toymaker Hasbro Approaches Mattel with Takeover Offer

Source: Toymaker Hasbro Approaches Mattel with Takeover Offer

Hasbro Inc. has approached rival Mattel Inc. with a takeover offer, said a source close to the situation on Friday, the most recent attempt to bring together the two largest toymakers in the U.S. If a deal were reached, it would create... 
New Feature on TripAdvisor Flags Concerns for Sexual Assault

New Feature on TripAdvisor Flags Concerns for Sexual Assault

TripAdvisor has made it easier for its users to see if safety concerns have been stated about hotels they research. The online travel site added another new warning message for companies where sexual assault or other safety incidents... 
Sky Drops as Talks Between Disney and Fox Hurt Possible Deal

Sky Drops as Talks Between Disney and Fox Hurt Possible Deal

A report that talks were held by Rupert Murdoch about selling television and film assets to Walt Disney added one more layer of uncertainty to his bid of $14.5 billion to acquire all of Sky in Britain. Recently Disney discussed acquiring... 
Papa John’s Might End its Sponsorship of the NFL

Papa John’s Might End its Sponsorship of the NFL

Papa John’s, the pizza chain, said it was reevaluation its sponsorship of the NFL after the controversy involving protests by players during the playing of the national anthem engulfed the pizza maker. COO and President of Papa John’s... 
Facebook Profit Surges, Russian Scandal Does Not Make Impact

Facebook Profit Surges, Russian Scandal Does Not Make Impact

Facebook Inc. came under heavy criticism on Capitol Hill Wednesday over a failure to prevent operatives from Russia from using its social media platform for meddling in the election, but its earnings report issued just a few hours... 
Apple Seeing Growth in iPhones in China, But for How Long

Apple Seeing Growth in iPhones in China, But for How Long

When Apple posts its quarterly earnings late this week, it might have a bright spot that will surprise many – China. Estimates made by Canalys expect the smartphone shipments from Apple to China to increase to over 11 million units... 
Media Rule Rollback by FCC Could Mean Buying Spree for TV Stations

Media Rule Rollback by FCC Could Mean Buying Spree for TV Stations

The Federal Communications Commission that is led by Republicans is moving quickly to undo the roadblocks to more consolidation amongst media companies, which potentially could unleash a number of deals amongst newspaper, television... 
Twitter Showing Signs of Renewed Life as Sales and User Growth Increase

Twitter Showing Signs of Renewed Life as Sales and User Growth Increase

Twitter Inc. posted sales that beat estimates and added more new monthly users indicating the social network could be in a revival mode after struggling for so long trying to attract new users and advertisers. Shares of the social...