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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”... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
Facebook Plans New Attack Against Medical Misinformation
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... More of this article »
Walmart Plans Big Investment In China Operations
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.... More of this article »
China Accused Of Hacking 8 Tech Firms
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 its... More of this article »
Ford Closing European Factories
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 footprint... More of this article »
New Airbnb Feature Has Thousands Of High-end Listings
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 villas, entire... More of this article »
Insurers Take Obamacare Case To Supreme Court
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 President... More of this article »
Google Maps Found To Have Scores Of Fake Listings
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 estimates,... More of this article »
Encephalitis Kills More Than 100 Children In India
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 and officials... More of this article »
Domino’s Testing Self-driving Pizza Delivery
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 deliver... More of this article »
Amazon Lays Off Dozens Of Game Studios Employees
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... More of this article »
Four Participants Announced For FDA Blockchain Project
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... More of this article »
Bankruptcy In The Works For Insys Therapeutics
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... More of this article »
Study: White Meat And Red Meat Equally Bad For Cholesterol Levels
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... More of this article »
The North Face Under Fire For Wikipedia Edits
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 destinations... More of this article »
Companies Chosen To Deliver NASA Cargo To Moon
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. space agency... More of this article »
Breast Cancer Treatment Shown To Increase Lifespan Of Younger Women
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 that... More of this article »
Abercrombie & Fitch Closing 3 Flagship Stores
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,... More of this article »
Arcadia Group To Close U.S. Topshop Stores
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... More of this article »
Scientists Create New Heat-absorbing Wood
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 estimated... More of this article »
Colorado Caps Insulin Co-pays
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... More of this article »
Judge Rules Against Qualcomm In Monopoly Case
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 licensing... More of this article »
Taco Bell Hotel Coming This Summer
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... More of this article »
SpaceX Starting Starlink Satellite Network
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... More of this article »
Disney Reaches Deal For Full Operational Control Of Hulu
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 immediately.... More of this article »
Japan Testing Train That Travels 249 MPH
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 the East... More of this article »
Gilead Sciences Will Donate Drugs For HIV Prevention
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 continuing through... More of this article »
Walmart Expanding Into Pet Care Industry
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... More of this article »
Apple On A Business Buying Spree
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... More of this article »
New Study Shows Treatment Could End HIV Transmission
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 passing... More of this article »
Facebook Removes “Dangerous Individuals” From Platforms
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 purged from... More of this article »
Marriott Launching Property Rental Service
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 a release... More of this article »
Hundreds Of California University Students Quarantined For Measles Exposure
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... More of this article »
China Announces Plans For Moon Base
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... More of this article »
Harley-Davidson Reports Plunge In Earnings
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 to... More of this article »
Google Makes Changes To Protect Accounts From Phishing Attacks
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 and... More of this article »
Sleep Myths Debunked By New Study
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 results... More of this article »