Business

General Mills faces lawsuit for improperly labeling protein cheerios as having more protein

The US consumer group Center for Science in the Public Interest (CSPI) is slamming a legal case against General Mills – maker of Cinnamon...

US SEC gives all startups opportunity to raise capital through crowdfunding, selling stocks

If you have a startup and looking forward to raising money through crowdfunding, the US Securities and Exchange Commission now makes it possible for...

October: Dow industrials record their biggest monthly gain in four years

US stocks rose the highest for monthly gains in October, the largest of such monthly logs within the past four years. The Dow Jones...

Amazon’s founder, Jeff Bezos, becomes 3rd richest man in us with $53.2 billion worth

Fifty-one-year-old founder of Amazon, Jeff Bezos, has risen through the ranks to become the third richest man in the United States with a net...

Fed approves Watts Bar nuclear plant in Tennessee after 20 years & $4.5 bn...

The US government on Friday approved the Watts Bar nuclear power plant to commence operations at the Tennessee Valley Authority (TVA) – after 19...

Independent Pilots Association authorizes UPS Pilots to commence strike

Following a four-year gridlock between the pilots of the international courier service United Parcel Service (UPS) and their employer, the Independent Pilots Association (IPA)...

4.6 million customers affected in Scottrade cyberattack, identity protection offered

Retail brokerage Scottrade has revealed that cyber-hackers attacked its network between late 2013 to early 2014 and that the names and street addresses of...

United Airlines CEO Oscar Munoz vows to improve customer and employee experience

This has not been the best of times for United Airlines, and its merger with Continental has not proved much useful – something United...

General Motors to deploy Apple Watch app that locks or unlocks cars

Based in Detroit, Michigan, General Motors has announced plans to soon deploy an Apple Watch app that could lock and unlock cars remotely; and...

Sprint cuts overhead costs of $2.5 billion & 31,000 employees to lose jobs

Sprint has finalized plans to cut overheads of about $2.5 billion, and to this end, about 31,000 employees may likely lose their jobs within...

New economic data vindicates the Fed for still waiting to raise rates

It is true that most economists and market analysts believe the US economy has stabilized enough in the face of lower jobless rates and...

JC Penney reports a loss in Q2 2015, but not all news is bad

JC Penney might have reported a loss in the second quarter of 2015, but don’t let that news disappoint you if you’re a serious...

Tax Holiday arrives to shoppers and retailers delight in 12 states

Sales tax is something that many people are used to. It has been around for years, and it typically is always going up. Whether...

Cablevision announces Q2 results, ‘sky not falling’ yet says CEO

It is safe to say at this point that any company like Cablevision, Time Warner, or Comcast all have their work cut out for...
Marijuana

Pot industry hits another roadblock in Colorado, credit union sues banking regulators

The pot industry has hit a roadblock. Perhaps one of the most interesting and simultaneously frustrating topics for those within the pot industry has...

Uber receives bizarre funding from Microsoft, now valued at over $50B

Uber has received another round of funding. This time it came from Microsoft and while it might seem like a strange marriage of investment,...

U.S. paychecks struggle, but should we be surprised?

The latest report on U.S. paychecks offers a grim insight as to how bad the economy remains. While Wall Street might see significant and...

Pearson wants OUT of The Economist to focus on education

Pearson wants out of The Economist. That is the news the struck hard in the media and business world this weekend, as the pace...

U.S. home sales isn’t clean bill of health for economy

U.S. home sales are rising. In fact, June was one of the best months in the last decade for the housing market as a...

China’s corporate debt is a major issue for its economy

China’s corporate debt pile is a problem. It is massive and it is growing. Currently, it shows no signs of slowing, yet the economy...

Homejoy fails but on-demand industry will SURVIVE with Google’s help

Homejoy has failed but that doesn’t say much about the on-demand industry as a whole. That is what many experts are saying about the...

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