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Dutch Regulators Open Probe Into Apple’s Business Practices
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... More of this article »
Walmart Adding Thousands More Robot Workers
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 labor costs.... More of this article »
Study: 20 Minutes In Nature Reduces Stress
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 person’s... More of this article »
Google’s AI Ethics Panel Cancelled
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... More of this article »
Kellogg And Ferrero Agreed To $1.3 Billion Deal
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. Ferrero retained... More of this article »
Nestle Sued Over Spring Water Claims
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 Spring... More of this article »
Ebola Cases In Congo Outbreak Rise To More Than 1,000
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. The... More of this article »
New York County Bars Unvaccinated Minors From Public Places
Rockland County in New York has issued an order barring minors who are not vaccinated against measles from public places for the next thirty days. The order, issued by county executive Ed Day, bars anyone unvaccinated who is under... More of this article »
Bayer Loses Second Roundup Cancer Case
Bayer AG (ETR: BAYN) has lost a second case involving allegations that its glyphosate-based Roundup weed killer has caused cancer in a user of the product. A U.S. jury ruled unanimously in 70-year-old Edwin Hardeman’s favor... More of this article »
Myspace Admits To Massive Loss
Social networking site Myspace has admitted to a massive loss. The company has reportedly lost more than a decade’s worth of music uploaded to the site due to an error that occurred during its latest server migration. According... More of this article »
California Congressman Launches $250M Lawsuit Against Twitter
Representative Devin Nunes, Republican of California, has launched a $250 million lawsuit against Twitter and three users of the social media platform for defamation. The complaint was filed in Henrico County Circuit Court in... More of this article »
Court: Remington Can Be Sued Over 2012 Sandy Hook Attack
A major blow has been dealt to the firearms industry as the Connecticut Supreme Court has ruled that Remington can be sued and potentially held liable in the 2012 mass murder at Sandy Hook Elementary School in Newtown, Conn. The... More of this article »
Dick’s Removing Hunting Gear From 100+ Stores
Dick’s Sporting Goods Inc. (NYSE: DKS) has announced plans to pull hunting gear from approximately 125 Dick’s stores starting around August. Dick’s defines the hunting gear category as rifles and ammunition, plus “accessories... More of this article »
Volkswagen Turning Focus To Electric Cars
The Volkswagen Group’s (VLKAF) ambitious plans for the future will focus on electric cars, according to a recent announcement by the company. The group now is planning to build 70 new electric models over the next decade. The... More of this article »
Flu Season In Decline, But Still Active
This flu season is now in decline, according to the Centers for Disease Control and Prevention (CDC). Officials at the agency say there is a 90 percent chance that the flu season has reached its peak. Widespread prevalence of... More of this article »
Second HIV-positive Adult Cleared Of Virus
In just the second case ever, an HIV-positive adult has been cleared of the virus. Testing by HIV scientists and doctors show that the infected man now has no signs of the virus in his blood. The patient’s name, nationality... More of this article »
Google Adding Interactive Shopping Ads To Images
Alphabet’s Google (NASDAQ: GOOGL) is adding new shopping ad features to Images that let brands target shoppers at the point of inspiration. According to Google, half of online shoppers look for and are then inspired by images when... More of this article »
Lyft Prepares To Launch IPO
Lyft Inc. has filed publicly for an initial public offering (IPO). The application to the Securities and Exchange Committee reveals everything about the planned IPO but the actual share price. Lyft is apparently seeking a market... More of this article »
Scientists Discover New Alzheimer’s Genes
Scientists have discovered four new genetic variants that increase risk for the development of Alzheimer’s disease. An international consortium of researchers discovered that the new genes -IQCK, ACE, ADAMTS1 and WWOX –... More of this article »
Appeals Court Approves AT&T-Time Warner Merger
A three-judge panel on a federal appeals court has ruled in approval of AT&T’s (NYSE: T) merger with Time Warner. The decision from the U.S. Court of Appeals for the DC Circuit ends a long legal battle between AT&T... More of this article »
Berkshire Hathaway Posts Rare Loss
Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.A) posted a $25.4 billion loss in the fourth quarter in a rare net loss for the company. According to a statement from the company, the loss was driven by big price declines... More of this article »
Apple Planning To Release iPhone Credit Card
Apple Inc. (NASDAQ: AAPL) is reportedly planning to release a new credit card that works with the iPhone as part of a partnership with Goldman Sachs (NYSE: GS). According to sources familiar with the matter, the companies are planning... More of this article »
FDA Issues Warning Over Young Blood Transfusions
The Food and Drug Administration (FDA) has issued a warning against treatments or procedures that involve transfusions of plasma from young donors. Injecting plasma from young blood donors is being marketed as a way to treat a... More of this article »
Uber Reports Another Loss For 4th Quarter
Uber reported another loss for the fourth quarter of the 2018 fiscal year when it released limited financial results this week. On an adjusted basis, the company’s losses for the quarter were 88 percent higher than the previous... More of this article »
NASA Ends Quest To Revive Opportunity Rover
NASA has officially ended its quest to revive the Mars rover Opportunity after losing contact with the device last June. The rover has now ignored more than 830 rescue commands beamed from mission control. NASA declared the rover’s... More of this article »
Amazon Purchasing Wi-Fi Startup Eero
Amazon.com Inc. (NASDAQ: AMZN) and mesh-networking Wi-Fi company Eero have entered into a merger agreement for the retailer to acquire the startup for an undisclosed sum. The terms of the deal have not been disclosed and neither... More of this article »
Fitbit’s Newest Fitness Tracker Not Sold At Retailers
Fitbit (NYSE: FIT) has a new fitness tracker that you won’t be able to buy in stores. That’s because the new Fitbit Inspire is intended for businesses and insurance companies rather than the consumer market. It is first product... More of this article »
FDA Issues Warning On Cancer Linked To Breast Implants
A new warning from the U.S. Food and Drug Administration (FDA) has been issued that concerns a rare cancer linked to breast implants. The warning applies to all types of breast implants and the FDA is recommending laboratory testing... More of this article »
Papa John’s Gets $200M Investment
Papa John’s International Inc. (NASDAQ: PZZA) is rolling in dough after receiving a $200 million investment from hedge fund Starboard Value. In the deal’s announcement, the hedge fund’s CEO Jeffrey C. Smith said, “Papa John’s... More of this article »
Alphabet’s Verily To Develop Health-tracking Shoes
Verily, a subsidiary of Alphabet Inc. (NASDAQ: GOOGL), is reportedly interested in developing shoes that are able to track the wearer’s health. People familiar with the project say the company is currently looking for partners... More of this article »
Tesla Posts Another Quarterly Profit
Tesla Inc. (NASDAQ: TSLA) has announced its second consecutive quarterly profit, marking the first time the company has reported back-to-back profitable results. On an unadjusted basis, Tesla made $139.5 million, or 78 cents... More of this article »
Apple Posts Holiday Quarter Declines In Profit And Revenue
Apple Inc. (NASDAQ: AAPL) just reported its worst performance during the holiday quarter in roughly a decade. Profits for the quarter ended in December fell to $19.97 billion, down from roughly $20 billion in the same quarter... More of this article »
Measles Spark State Of Emergency In Washington State
A measles outbreak is currently spreading throughout parts of the Pacific Northwest. Washington Gov. Jay Inslee has now declared a state of emergency in all counties of the state due to the outbreak. Inslee’s proclamation... More of this article »
Hundreds Of Employees Laid Off From Apple’s Project Titan
Apple Inc. (NASDAQ: AAPL) has reportedly eliminated more than 200 employees from its Project Titan autonomous vehicle initiative this week. According to published reports, those employees’ positions were eliminated as part of... More of this article »
Birth Control Pill Break May Not Be Necessary
According to new advice from the Faculty of Sexual and Reproductive Healthcare (FSRH), an arm of the U.K’s Royal College of Obstetricians and Gynaecologists, women can safely take the birth control pill without a seven-day... More of this article »
Russian Hackers Targeted DNC After Midterms
The Democratic National Committee (DNC) has claimed that it was targeted in an attempted hacking by a Russian group shortly after the midterm elections. The documents were part of an amended complaint filed in federal court in... More of this article »
Johnson & Johnson And Apple Launching Stroke Risk Study
Apple Inc. (NASDAQ: AAPL) is partnering with Johnson & Johnson’s (NYSE: JNJ) Janssen Pharmaceuticals unit to study whether the latest Apple Watch and an app from the pharmaceutical company can be used to prevent strokes.... More of this article »
Netflix Announces Subscription Price Increase
Netflix (NASDAQ: NFLX) has announced that it would be raising its subscription prices in the United States. The price increases will be applied to all existing subscribers over the next few months, while new members will be charged... More of this article »
SpaceX Announces Plans To Cut Workforce By 10 Percent
Rocket company SpaceX has announced plans to lay off about 10 percent of its workforce in the coming weeks. The workforce reduction was announced in an email sent to employees by President Gwynne Shotwell. The move is expected... More of this article »
Macy’s Had A Disappointing Holiday Season
Macy’s (NYSE: M) didn’t sell as much merchandise during the holidays as executives had hoped, resulting in the company reporting disappointing sales results for the November and December period. The department store giant... More of this article »
Eli Lilly Plans To Acquire Loxo Oncology
Eli Lilly and Co. (NYSE: LLY) has announced plans to acquire Loxo Oncology Inc. (NASDAQ: LOXO) in a deal valued at about $8 billion. The deal would be the biggest acquisition in the drugmaker’s 143-year history. According to... More of this article »
GM And DoorDash Partner On Automated Car Deliveries
General Motors’ (NYSE: GM) subsidiary Cruise Automation, which makes technology for self-driving cars, has announced a partnership with food delivery company DoorDash to deliver food by driverless cars. The test program... More of this article »
Tech Giants Get Dismissal In San Bernardino Shooting Lawsuits
Lawsuits seeking to hold Facebook (NASDAQ: FB), Twitter (NYSE: TWTR), and Alphabet Inc.’s Google (NASDAQ: GOOGL) liable to victims of the December 2015 mass shooting in San Bernardino, California have been dismissed by a federal... More of this article »
Judge Stays Affordable Care Act Ruling
A federal judge has issued a stay on his decision declaring the Affordable Care Act unconstitutional. U.S. District Judge Reed O’Connor oversaw a lawsuit challenging the constitutionality of the Affordable Care Act... More of this article »
Ebola-exposed American Doctor Transported To U.S.
An American doctor who may have been exposed to the Ebola virus has been transported from the Democratic Republic of Congo to a Nebraska medical center. According to a release from the University of Nebraska Medical Center College... More of this article »
Hospitals Preparing Federally-mandated Public Price Lists
A federal law that takes effect on January 1 requires hospitals to publish online price lists for all the medical services they provide. The provision, called the Inpatient Prospective Payment System rule, was announced back in April.... More of this article »
Qualcomm Gets Some Apple iPhones Banned In Germany
Qualcomm (NASDAQ: QCOM) has recently won two significant battles in global courts related to its patent war with Apple (NASDAQ: AAPL). With its most recent win, Qualcomm has gotten Apple to withdraw some of its older iPhones from the... More of this article »
GlaxoSmithKline And Pfizer Join Forces On Consumer Health
GlaxoSmithKline (NYSE: GSK) has announced that it will be forming a new joint venture with Pfizer’s (NYSE: PFE) consumer health division. Under the terms of the deal, GSK and Pfizer would combine their consumer health businesses,... More of this article »