Keurig Kold getting chilly response from investors with dip in shares

Keurig Green Mountain Inc. was riding an incredible high not too many months ago. Investors had high expectations for what their new product might...

With unemployment rate dropping to 5.4%, U.S. added 223K jobs in April

The U.S. economy added 223k jobs in April, and even modest wage growth couldn’t derail the positivity from the lowest unemployment rate since 2008. For...

Federal government finalizing drone rules, $10,000 fine for violators

The United States government has been working on setting up rules and regulations to regulate the growing drone industry. Drones are easily purchased, and...

Markets plunge as oil rout continues

Stock markets across the world are continuing to plunge after an already bad week that ended on Friday for most of the major markets...

OPEC chief suggests economic diversification to CGG, stock market still plunging

OPEC Chief Abdullah al-Badri is maintaining the position that investment into oil should not cease or decline. In fact, he echoed sentiments suggesting that...

Luminate acquired by Yahoo to improve mobile ad business

Yahoo CEO Marissa Mayer has been on a roll since becoming CEO two years ago, buying companies left and right that aid Yahoo in...

Texas oil price drops 3 cents, Rhode Island’s remains unchanged, says AAA

Despite events in Ukraine and Iraq, gasoline prices have taken a remarkable turn in the United States. Where, you may ask? In the state...

Tesla Vehicle Warranty Extended to Eight Years

Tesla’s car now has one more thing to celebrate: the Model S vehicle warranty has been extended to eight years. Tesla’s new warranty extension not...

US allows the sale of IBM’s server to Lenovo

In spite of festering economic tensions between the two largest world economies, the US has allowed IBM to sell off its x86 servers to...

Coca-Cola buys 16.7% stake in Monster beverage company

Carbonated drink manufacturer Coca-Cola has purchased a 16.7% stake in the Monster beverage company. Coca-Cola will pay $2.15 billion and transfer its energy drink...

Four monopolistic car dealers fined $260,000 in China

Four BMW auto dealers have been fined $260,000 or 1.6 million yuan for their anti-trust activities in monopolizing the prices of auto cars in...

Former Microsoft Employee Gets Two Years in Prison for Insider Trading

Brian Jorgenson, a former Microsoft employee, received two years in prison this week for his role in two insider trading events. In 2012, Jorgenson heard...

Walgreens Given Thumbs-Down By Wall Street in Alliance Boots Deal

Walgreens announced its plan yesterday to buy the remaining 55% of European pharmacy and beauty company Alliance Boots, Ltd., but the question hanging over...

Walgreen Co. to Buy Remainder of Alliance Boots

Walgreen Co., the largest drugstore chain in the US, announced today that it will buy the remainder of Alliance Boots, Ltd. Walgreen already owns 45%...

In a Surprise Move, Roc Oil Accepts Bid from Fosun International

Public Australian oil company Roc Oil Company Ltd., in a surprise move, has decided to accept a takeover bid from Shanghai-headquartered Chinese investment group...

Walmart Takes on Amazon in Latest Website Remodel

The Amazon Fire Phone has become the top-selling smartphone on the Amazon.com best-selling smartphone list, and there may be a reason for that: if...

Bally Technologies To Join Scientific Games in $3.3 Billion Deal

Slot machine, reel slot machines, and casino management systems manufacturer Bally Technologies has now been acquired by electronic gambling machine maker Scientific Games in...

Procter & Gamble Dropping Brands, Consolidating Financial Focus

Procter & Gamble’s got its hands in just about every brand category on earth, but the company’s pulling 100 brands off the shelves in...

Higher-Wage Jobs Catching Up To Lower-Wage Jobs, Says Labor Department

You know the economy’s recovering when higher-wage jobs outpace lower-wage jobs. The latest stats from the Labor Department show that, while lower-wage jobs are still...

Latest News