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Bank Of America Posts Better-than-expected Profit And Revenue

Bank Of America Posts Better-than-expected Profit And Revenue

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 expectation... 
Sperm Boosting Compound Found In Tomatoes

Sperm Boosting Compound Found In Tomatoes

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 makes tomatoes... 
General Electric Announces Employee Pension Plan Freeze

General Electric Announces Employee Pension Plan Freeze

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 Destroys Unsold Assault Rifles

Dick’s Sporting Goods Destroys Unsold Assault Rifles

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 company turned... 
Facebook’s Encryption Plans Alarm Law Enforcement

Facebook’s Encryption Plans Alarm Law Enforcement

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 year... 
Legionnaires’ Outbreak Potentially Linked To State Fair Hot Tubs

Legionnaires’ Outbreak Potentially Linked To State Fair Hot Tubs

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... 
Missile Launched From California Base

Missile Launched From California Base

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... 
Match Group Facing FTC Lawsuit, DOJ Investigation

Match Group Facing FTC Lawsuit, DOJ Investigation

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... 
Fungicide Found In Illegal Vape Cartridges

Fungicide Found In Illegal Vape Cartridges

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. Takes New Path Under New Leadership

We Co. Takes New Path Under New Leadership

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 the company.... 
Google Wins ‘Right to Be Forgotten’ Ruling

Google Wins ‘Right to Be Forgotten’ Ruling

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 to... 
Tanzania Accused Of Hiding Ebola Cases

Tanzania Accused Of Hiding Ebola Cases

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 reports... 
Thousands Of Facebook Apps Suspended After Investigation

Thousands Of Facebook Apps Suspended After Investigation

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 of which... 
Amazon Makes It Easier To Pay Cash For Purchases

Amazon Makes It Easier To Pay Cash For Purchases

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 Expanding Grocery Delivery With New Program

Walmart Expanding Grocery Delivery With New Program

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 City, and... 
Common Antibiotic Linked To Heart Problems

Common Antibiotic Linked To Heart Problems

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 developing both... 
50 Attorneys General Join Antitrust Probe Of Google

50 Attorneys General Join Antitrust Probe Of Google

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 Hiring 130,000 For Holiday Season

Target Hiring 130,000 For Holiday Season

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 positioned... 
Roku Smart TVs To Be Available In Europe

Roku Smart TVs To Be Available In Europe

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... 
New Study Shows All Sodas May Be Bad For You

New Study Shows All Sodas May Be Bad For You

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 450,000... 
AT&T Takes Top Spot In Wireless Testing

AT&T Takes Top Spot In Wireless Testing

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,... 
Teenager’s Poor Diet Leads To Blindness

Teenager’s Poor Diet Leads To Blindness

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 diet, which... 
YouTube Fined Over Children’s Privacy Violations

YouTube Fined Over Children’s Privacy Violations

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 consumer advocacy... 
Drug Mistake Causes “Werewolf Syndrome” In 17 Children

Drug Mistake Causes “Werewolf Syndrome” In 17 Children

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... 
Disney Announces New Partnership With Target

Disney Announces New Partnership With Target

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 digital... 
Vitamin D Deficiency Linked To Behavioral Problems

Vitamin D Deficiency Linked To Behavioral Problems

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 were... 
European Fund Floated To Invest In Tech Companies

European Fund Floated To Invest In Tech Companies

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... 
Disney Accused Of Inflating Revenue

Disney Accused Of Inflating Revenue

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 for 18... 
Brain Changes Seen With Common ADHD Medication

Brain Changes Seen With Common ADHD Medication

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 Ritalin... 
Apple’s Face ID Tricked With Simple Method

Apple’s Face ID Tricked With Simple Method

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... 
Bayer Seeks To Settle Roundup Claims For $8 Billion

Bayer Seeks To Settle Roundup Claims For $8 Billion

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... 
Novartis Subsidiary Accused Of Data Manipulation

Novartis Subsidiary Accused Of Data Manipulation

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 the data-manipulation... 
Apple Sued Over Siri Recordings

Apple Sued Over Siri Recordings

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 to... 
New Blood Test Used To Detect Early-stage Breast Cancer

New Blood Test Used To Detect Early-stage Breast Cancer

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... 
Juul Wants To Track Your Vaping

Juul Wants To Track Your Vaping

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 Buys Caviar For $410 Million

DoorDash Buys Caviar For $410 Million

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 Caviar... 
Microplastics Removal Idea Wins Young Scientist $50,000

Microplastics Removal Idea Wins Young Scientist $50,000

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... 
Americans May Soon Be Able To Import Cheaper Drugs From Canada

Americans May Soon Be Able To Import Cheaper Drugs From Canada

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’ Fight With Amazon Escalates

Surescripts’ Fight With Amazon Escalates

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”... 
Antitrust Reviews Of Tech Giants Initiated

Antitrust Reviews Of Tech Giants Initiated

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 platforms have... 
Brain Changes Found In Cuba Sonic Attack Victims

Brain Changes Found In Cuba Sonic Attack Victims

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 Returning For Holidays

Toys R Us Returning For Holidays

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... 
SpaceX Prototype Bursts Into Flames During Test

SpaceX Prototype Bursts Into Flames During Test

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 Tops Estimates For Profit And Revenue

Citigroup Tops Estimates For Profit And Revenue

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 percent rise... 
New Developments Announced By Neuralink

New Developments Announced By Neuralink

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 credited... 
New Tests For HIV Vaccine Planned

New Tests For HIV Vaccine Planned

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 U.S. National... 
Opioid Maker Agrees To $1.4 Billion Settlement

Opioid Maker Agrees To $1.4 Billion Settlement

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. Department... 
France Passes Big Tech Tax

France Passes Big Tech Tax

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 million... 
Heart Health Supplements Shown To Be Ineffective

Heart Health Supplements Shown To Be Ineffective

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... 
5G Standard For Connected Cars A Win For Qualcomm

5G Standard For Connected Cars A Win For Qualcomm

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 as the...