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
Facebook Inc. (NASDAQ: FB) has announced a plan to take more
aggressive steps to limit the reach of false, sometimes dangerous, medical
misinformation on its platform. Facebook, and its image-sharing platform
Instagram, have become...
Walmart Inc. (NYSE: WMT) announced plans to invest more than
a billion dollars into its China operations over the next two decades. Roughly 8
billion yuan ($1.2 billion) will be used to create new distribution centers in
China has been accused of hacking into the operations of
some of the world’s biggest technology service providers. The global hacking campaign,
known as Cloud Hopper, has been attributed to China by the United States and
Ford Motor Company (NYSE: F) has announced that it will
close or sell six of its manufacturing plants across Europe by the end of 2020.
As part of a major cost-cutting plan, the company is reducing its manufacturing
A new feature on Airbnb gives users access to over 2,000
exclusive luxury properties around the world. The feature, named Airbnb Luxe, is
for those looking to rent high-end properties, including castles, beachfront
The U.S. Supreme Court will hear a case brought by a group
of insurers against the federal government over $12 billion in payments owed after
the passage of the 2010 Affordable Care Act, passed under Democratic former
There are millions of fake business listings on Google Maps,
according to an investigation by the Wall Street Journal. There have been more
than 200 million listings added to Google Maps over the years. According to
More than 110 children in India have died this month from
encephalitis, with more than 430 others requiring hospitalization. Health
experts thus far have not been able to establish the root of the outbreak. Doctors
Domino’s Pizza Inc. (NYSE: DPZ) has announced a new partnership
with autonomous-driving tech startup Nuro to deliver pizza by self-driving car
in Houston. Domino’s will use Nuro’s fleet of autonomous test vehicles to
The final day of E3 ended with bad news for a number of Amazon
(NASDAQ: AMZN) Game Studios employees. According to reports, “dozens” of
employees were told they were being laid off from the company. Employees
affected by the...
The United States Food and Drug Administration (FDA) has
recruited four companies to participate in a pilot project to use blockchain to
identify, track and trace prescription medicines and vaccines distributed
within the United...
Insys Therapeutics (NASDAQ: INSY), based in Chandler, Ariz.,
has filed for bankruptcy protection under Chapter 11 of the federal bankruptcy
code. The company said it would continue operating while it comes up with a
plan to pay...
For decades, white meat was thought to have less cholesterol
and was better for preventing cardiovascular disease. Now, a new study is
showing that cholesterol levels for both white meat and red meat are equal. The
study has been...
Outdoor apparel company The North Face, owned by VF Corp. (NYSE:
VFC), is getting slammed across the internet and by Wikipedia for a marketing
stunt that replaced photos of some of the world’s most iconic adventure
NASA has announced the selection of three American firms to
send instruments and other scientific equipment to the Moon in anticipation of
a crewed lunar mission in the future. According to a press release, the U.S.
The results of a new clinical trial is providing new hope to
women diagnosed with an aggressive and deadly form of breast cancer. Researchers
at MD Anderson Cancer Center and UCLA Jonsson Comprehensive Cancer Center found
Abercrombie & Fitch Co. (NYSE: ANF) has announced that
it will be closing three more of its flagship stores. The company will be
closing a Hollister store in the SoHo neighborhood in New York; an Abercrombie
store in Milan,...
Over the past few years, many smokers have switched to
e-cigarettes, believing that they are not as risky as smoking regular cigarettes
because they are avoiding the cancer-causing chemicals in tobacco smoke. Little
is known about...
Arcadia Group has announced plans to close all of its Topshop stores
in the United States as part of its filing for bankruptcy protection. The move
comes just 10 years after Topshop’s glitzy, celebrity-filled launch in...
Scientists at the University of Maryland have created a new
type of wood that radiates heat into space. The hi-tech wood was found to absorb
heat and provide a passive cooling effect to buildings using it. The scientists
Colorado has become the first state in the country to pass
legislation to cap the amount that residents must pay out-of-pocket to obtain
insulin. Colorado Gov. Jared Polis signed a bill into law capping insulin
co-pays at $100...
A U.S. District Court judge has issued a ruling saying that Qualcomm
Inc. (NASDAQ: QCOM) must change how it does business and renegotiate its license
deals with its customers. Judge Lucy Koh wrote in her ruling: “Qualcomm’s
Taco Bell, owned by Yum! Brands Inc. (NYSE: YUM), has
announced its (temporary) entrance into the hotel industry. Starting in June,
fans of the brand can reserve a room at The Bell: A Taco Bell Hotel and Resort
for stays starting...
SpaceX is ready to take its next step in its plan to
overhaul internet delivery. The company will deliver a batch of 60 satellites
into low-Earth orbit as the first set for a constellation of satellites the
company is calling...
Walt Disney Co. (NYSE: DIS) and Comcast Corp. (NASDAQ: CMCSA)
have announced a deal for Disney to purchase Comcast’s stake in Hulu that will
allow Disney to take “full operational control” of the streaming service, effective
The fastest bullet train in the world is now being tested in
Japan. The ALFA-X, projected to hit speeds of up to 249 mph, began a
scheduled three years’ worth of testing at the end of last week. The goal for
Gilead Sciences (NASDAQ: GILD) has announced a plan to donate
drugs that reduce the risk of HIV transmission for up to 11 years. The
initiative is expected to last until Dec. 31, 2025, with the possibility of
Walmart Inc. (NYSE: WMT) has decided to make a large leap
into the pet care industry. According to an announcement from the company,
Walmart will be launching a new online pet pharmacy and will be adding
veterinary clinics to...
Apple Inc. (NASDAQ: AAPL) is reportedly on a business buying
spree, snapping up between 20 and 25 companies in the last six months,
according to a statement from CEO Tim Cook. That is a significant jump
from last year, when...
A landmark European study is showing that compliance with
HIV treatment can be effective in preventing sexual transmission of the disease
to non-HIV infected persons. According to the results of the study, the risk of
Facebook Inc. (NASDAQ: FB) has barred a number of high-profile
people from its platforms after designating them as “dangerous”. All of the
accounts, fan pages, and groups associated with the individuals have been
Marriott International Inc. (NASDAQ: MAR) will be rolling
out a new Airbnb-like rental service, called Homes & Villas by Marriott
International. Stephanie Linnartz, Marriott’s chief commercial officer, said in
Nearly 300 students and staff at two major southern California universities are under quarantine after potentially being exposed to measles. The order was issued in connection with the University of California, Los Angeles, and...
China plans to build the first-ever moon base within
the next ten years. The China National Space Administration (CSNA) intends to
build a scientific research station near the Moon’s south pole. Zhang Kejian,
the head of...
Motorcycle manufacturer Harley-Davidson Inc. (NYSE: HOG) reported
a sharp drop in quarterly net income for the first quarter of its fiscal year. The
company reported that net income for the quarter was $127.9 million, compared
Alphabet’s (NASDAQ: GOOGL) Google unit has announced that it
will no longer be allowing sign-in attempts that don’t take place within a
dedicated web browser. According to the company, the change will start in June
Many popular notions about sleep have little basis in fact, but
we tend to accept them as fact. Now, researchers at NYU Langone Health’s School
of Medicine have conducted a study to debunk the most common sleep myths. The
Walmart Inc. (NYSE: WMT) is teaming up with KIDBOX for a
subscription service that will create and deliver packages of kids’
clothing and accessories to customers across the nation. KIDBOX is an online
A newly released study has found that the active ingredient
in most over-the-counter dental whitening strips may be damaging teeth more
than previously believed. The study, led by Kelly Keenan, an associate professor
Apple Inc. (NASDAQ: AAPL) is facing an antitrust probe in
the Netherlands into whether Apple abuses a dominant market position by
favoring its own apps over those of its rivals. A statement from Netherlands’
Authority for Consumers...
Shoppers might soon encounter robots gliding up and down the
aisles of their local Walmart (NYSE: WMT) store. Walmart has announced that it
will be expanding the use of robots in stores as part of its effort to control
A study by the University of Michigan is suggesting that taking
a short walk in nature may be helpful in preventing burn-out from stress. According
to the new study, spending 20 minutes in nature can significantly lower a
Google has cancelled its AI ethics panel one week after it was announced. The move comes after a week of controversy regarding the company’s selection of members. The participants of its Advanced Technology External Advisory...
Kellogg Co. (NYSE: K) has reached a deal to sell its Keebler
cookies brand and numerous other assets to Nutella maker Ferrero for $1.3
billion. According to reports, the deal is expected to close by the end of July.
A federal judge in Connecticut has advanced a class-action
lawsuit claiming that Poland Spring water doesn’t come from an actual spring. The
bottled water company’s owner, Nestle SA, advertises the brand as “100% Natural
The health ministry of the Democratic Republic of Congo has reported
that the number of cases in the latest Ebola outbreak has now surpassed 1,000. The
number of cases stands at 1,009, of which 944 are confirmed and 65 probable.