Bank of America Corp. (NYSE: BAC) beat analysts’ estimates
for both profit and revenue in the third quarter. The bank earned 56 cents in
per-share earnings from $12.1 billion in net interest income. The consensus
A compound found in tomatoes could help tackle fertility
problems in men by boosting the quality and health of their sperm. Scientists
at the University of Sheffield in England found that lycopene, the pigment that
General Electric (NYSE: GE) has announced that it is
freezing the pensions of 20,000 U.S. salaried workers and 700 employees in its
supplemental pension program. According to GE, the workers affected by the
change won’t accrue...
Dick’s Sporting Goods (NYSE: DKS) has destroyed about $5
million worth of assault rifles after deciding not to sell them or return them
to manufacturers. The CEO of Dick’s Sporting Goods, Ed Stack, said that the
Law enforcement agencies in the United States and elsewhere are
at odds with Facebook over its plans to increase end-to-end encryption across
its messaging platforms. Facebook founder Mark Zuckerberg pledged earlier this
The North Carolina Department of Health has traced an
outbreak of Legionnaires’ disease to the North Carolina Mountain State Fair
that ran from September 6 to 15. Specifically, the most likely source of
infection has been identified...
An unarmed Minuteman 3 intercontinental ballistic
missile has been launched from Vandenberg Air Force Base in California in
a test of the intercontinental ballistic missile system. A team of airmen from
the 341st Missile...
Online dating company Match Group Inc. (NASDAQ: MTCH) appears
to be in a lot of hot water. The company has been sued by the Federal Trade
Commission (FTC) over alleged deception of its customers. That lawsuit has
sparked a separate...
A recent test of vape cartridges by a cannabis testing
facility in California found that all of the illegal vape cartridges tested contained
a fungicide that could introduce an extremely dangerous poison to the body.
None of the...
We Co. is trying to right its ship with new leadership after
Adam Neumann stepped down as chief executive. We’s new co-chief executives,
Artie Minson and Sebastian Gunningham, are planning to chart a new course for
Europe’s highest court has limited the reach of the landmark
online privacy law known as “right to be forgotten” in a big win for Google. The
company and other search engines had been fighting a French effort to force them
The World Health Organization (WHO) has issued a rare rebuke
to the nation of Tanzania over concerns that the country may be hiding information
about Ebola cases occurring within its borders. The allegation follows
Facebook has suspended tens of thousands of apps from its
platform, according to court filings unsealed by a state court in Boston. The
documents showed that Facebook Inc. (NASDAQ: FB) had suspended 69,000 apps, 10,000
Amazon.com Inc. (NASDAQ: AMZN) is making shopping on its platform
easier for people who prefer paying with cash versus plastic. Amazon PayCode, currently
available in 19 countries around the world, will roll out to U.S. shoppers...
Walmart Inc. (NYSE: WMT) will be giving its customers access
to unlimited same-day grocery deliveries this fall with its Delivery Unlimited
program. The company has been testing the program in Houston, Miami, Salt Lake
A link has been found between one of the most commonly
prescribed classes of antibiotics and two types of heart problems. A new study
has discovered that fluoroquinolones are associated with an increased risk of
Fifty attorneys general are joining an investigation into Alphabet’s
(NASDAQ: GOOGL) Google over possible antitrust violations, confirming reports that
emerged last week about a bipartisan investigation into Google’s practices....
Target Corp. (NYSE: TGT) has announced plans to hire more than
130,000 seasonal workers for the holiday shopping season to work in its stores
and distribution centers. According to the retailer, about 125,000 jobs will be
Roku Inc. (NASDAQ: ROKU) has announced that it will let
manufacturers license reference designs for its TVs and use Roku OS to create
smart TVs for sale in Europe. It expects to launch its first TVs in the U.K.
toward the end...
While diet sodas have long been touted as a healthier alternative
to their full-sugar counterparts, a new study appears to show that drinking too
much of any type of soda may be bad for your health. The study, involving about
Virginia-based Global Wireless Solutions (GWS), an
independent testing firm, has released the results of its latest study of voice
and data test of the biggest wireless companies in America. The company
released an announcement,...
Reports have emerged of a teen who slowly went blind as a
result of his poor diet despite having no visible signs he was malnourished. The
damage to his eyesight was ultimately traced to the lack of nutrition in his
The Federal Trade Commission has voted to fine Google $150
million to $200 million to settle accusations that its YouTube subsidiary had
been illegally collecting personal information about children. More than 20
A drug mistake at a pharmacy in Spain has resulted in 17
cases of children growing excessive hair on their bodies in an outbreak
of hypertrichosis, commonly known as “werewolf syndrome.” The 17 cases
were reported by...
The Walt Disney Company (NYSE: DIS) and Target Corp. (NYSE:
TGT) have announced a partnership that will see the companies collaborate on several
projects over the next few years. The first project, new Disney-focused
Researchers from the University of Michigan say that their latest
study suggests a link between vitamin D deficiency and behavioral problems. According
to their study of schoolchildren, younger kids with low levels of the vitamin
European Union officials are floating a plan to create a sovereign wealth fund intended to invest in companies that could compete with U.S. and Chinese tech giants. According to an internal document detailing the plan, the fund...
A former senior financial analyst for Walt Disney Co. (NYSE:
DIS) has accused the company of repeatedly and systematically overstating its
revenue for years. Sandra Kuba, who worked for Disney’s revenue operations unit
A common drug used to treat attention-deficit/hyperactivity
disorder (ADHD) appears to actively change the development of the brain in boys
who take it. The drug methylphenidate (MPH), sold under trade names including
Researchers from Tencent presenting at the Black Hat
security conference in Las Vegas demonstrated a relatively simple way to break
into someone’s iPhone by bypassing the Face ID feature. Apparently, if taped
glasses are put...
Monsanto parent company Bayer AG has reportedly offered $8
billion to settle claims that its Roundup weedkiller causes cancer. The $8
billion deal would settle the roughly 18,000 claims that the company is
currently facing, as...
AveXis, a subsidiary of Novartis AG (NYSE: NVS), has been
accused of submitting manipulated data to the U.S. Food and Drug Administration
(FDA) ahead of the approval of its gene-therapy drug Zolgensma. The FDA revealed
Apple is facing a class-action lawsuit claiming that the
company’s Siri voice assistant is violating user privacy by allegedly recording
consumers and minors without consent. The lawsuit also accuses Apple of failing
A research team that included scientists at Arizona State
University, the City of Hope, Mayo Clinic, and the Cancer Research UK Cambridge
Institute, have developed a new blood test to detect breast cancer that is said
to be 100-times...
Silicon Valley startup Juul has just released a new e-cigarette that can monitor users’ vaping and track their device. The Juul C1, as the device is known, is now being sold in the United Kingdom after a successful pilot in...
DoorDash has expanded its food delivery empire with the
purchase of Caviar, a high-end food delivery and catering business. The acquisition
was announced during the second-quarter sales report for Square, which acquired
Irish teenager Fionn Ferreira has devised a simple but
effective method to extract microplastics from the world’s oceans. According to
his paper on the process, his extraction method removed 85 percent to 92
percent of microplastics...
The Trump administration has proposed a plan to let
Americans import cheaper prescription drugs from Canada to make the drugs more
affordable. Under the plan, states, wholesalers and pharmacies will submit
plans on how they would...
Surescripts’ battle with Amazon-owned (NASDAQ: AMZN) PillPack
has escalated to a new level. Surescripts is accusing a company called ReMy Health
of providing PillPack with patient prescription information “fraudulently”...
The U.S. Department of Justice (DOJ) has initiated a
sweeping antitrust investigation of big technology companies, like Facebook,
Google, and Amazon. The DOJ is investigating whether the companies’ online
Researchers examining the brains of 40 former staffers at the U.S. Embassy in Cuba found that whatever happened to cause the so-called “sonic attacks” in Havana changed the brain structure of those affected. A study conducted...
Toys R Us toy stores will be coming back to the United
States in time for the 2019 holiday season. The announcement was made by Tru
Kids, the company that bought the rights to the Toys R Us brand. Two new stores
are set to open...
A SpaceX prototype rocket caught fire during a key test at
the company’s facility in Boca Chica, Texas. The rocket, using one of SpaceX’s next-generation
“Raptor” rocket engines, burst into flames four minutes after SpaceX...
Citigroup (NYSE: C) has beat analysts’ expectations for
second-quarter profit and revenue. The bank posted profit of $4.79 billion, or
$1.95 per share, compared with the $1.80 expected by analysts. This was a 20
Elon Musk’s secretive company Neuralink has introduced some
of the technology it has been developing to the public for the first time. This
week, Mr. Musk gave a big presentation of Neuralink’s research. A white paper
An experimental HIV vaccine is set to be tested in Europe,
South America, and North America sometime this year. Pharmaceutical giant
Johnson & Johnson’s (NYSE: JNJ) Janssen unit will be collaborating with the
Reckitt Benckiser Group (RB Group) has reached a $1.4
billion settlement with the U.S. government to end criminal and civil investigations
into the marketing of its Suboxone addiction treatment medication. The U.S.
French lawmakers have approved a 3 percent tax on digital
companies that make large profits in the country. The tax will be applied to revenue
from digital services earned in France by companies that make more than 750
A large new analysis conducted by researchers at West
Virginia University found that there was surprisingly little proof that
supplements have the ability to prevent heart disease. According to the results
of the study, the majority...
A legal battle over the use of 5G technology in vehicles
across Europe has resulted in a big win for Qualcomm Inc. (NASDAQ: QCOM). European
Union member states have elected to scrap new rules mandating Wi-Fi technology