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Safety Tips For Viewing The Solar Eclipse
A solar eclipse is one of nature’s grandest spectacles and one is scheduled to cross the U.S. on Aug. 21. For a few minutes, the sun will go dark with a halo of light around it, the temperature will fall, and beautiful sunset colors... More of this article »
J.C. Penney Earnings Report Shows Weakness In Apparel Business
In the second quarter ended July 29, J.C. Penney (NYSE:JCP) saw its net loss net loss widen to $62 million, or 20 cents per share, from $56 million, or 18 cents per share, in the same quarter of the previous year. So far this year,... More of this article »
Oprah Winfrey Launches Line Of Refrigerated Products
Oprah Winfrey is branching out into food branded under her own name. She partnered with Kraft Heinz Co. (NYSE:HNZ) on her new line of refrigerated soups and side dishes. The products, branded “O, That’s Good”, start... More of this article »
Anthem Pulling Out Of More ACA Exchanges
Anthem Inc. (NYSE:ANTM) has announced that it is exiting more Affordable Care Act markets. The company has already announced it is withdrawing from Ohio, Indiana, Wisconsin, and much of California. Anthem is providing Affordable Care... More of this article »
Blue Apron Announces Its Plans For 2 New Jersey Facilities
Blue Apron Holdings Inc. (NYSE:APRN) has announced plans to close a New Jersey facility and move those jobs to a new facility opening in the state later this year. According to a public notice, 1,270 Blue Apron employees would be affected,... More of this article »
Tesla Reports Wider Loss For Q2
Tesla (NASDAQ:TSLA) announced its second-quarter earnings Wednesday. Tesla reported losing $401.4 million in the quarter that ended June 30, compared with a loss of $293.2 million in the same quarter of last year. Its net loss grew... More of this article »
Privacy Concerns Arise Over Google’s New Tracking Tool
The Electronic Privacy and Information Center (EPIC) is requesting that the Federal Trade Commission investigate Alphabet’s (NASDAQ:GOOG) Google over its new tool to track in-store shopping. The privacy advocacy group wants the FTC... More of this article »
U.S. Travelers To Mexico Warned About Counterfeit Alcohol
The U.S. State Department has issued a warning to tourists to be careful what they drink while visiting Mexico. The agency updated the Safety and Security section of its Mexico country page with a warning to travelers that there have... More of this article »
Investor Wants Barnes & Noble To Sell Itself
Activist investor Sandell Asset Management Corp. has written a letter to the Barnes & Noble (NYSE:BKS) board stating that the chain should try to sell itself. The investor believes that Barnes & Noble should be owned by investors... More of this article »
Three Square Market First U.S. Firm To Microchip Employees
Three Square Market will be the first firm in the U.S. to install microchips in its employees’ hands. The company is anticipating that over 50 employees will be voluntarily chipped out of 85 employees at the company’s head... More of this article »
Microsoft Tops Estimates For Profit And Revenue
Microsoft Corp. (NASDAQ:MSFT) reported better-than-expected quarterly profit and revenue for the fourth quarter of its fiscal year, ended June 30. Microsoft reported net income of $7.7 billion, or 98 cents a share, on revenue of $24.7... More of this article »
Qualcomm Takes Big Hit Over Apple Dispute
Qualcomm’s (NASDAQ:QCOM) finances are taking heavy hits over its licensing dispute with Apple Inc. (NASDAQ:AAPL). The company reported a 40 percent decline in year-over-year profits for the third quarter of its fiscal year. Net income... More of this article »
Amazon Takes On Blue Apron With Meal Kits
This month, Amazon (NASDAQ:AMZN) filed a trademark for a meal kit service similar to the kind offered by Blue Apron (NYSE:APRN) and others. The filing is dated July 6, just days after leading meal kit delivery company Blue Apron’s... More of this article »
Trump International Hotels Suffers Security Breach
Trump International Hotels Management has revealed that 14 of its properties have been compromised by a data breach. The affected properties included Trump Las Vegas, Trump Chicago, and the recently-opened Trump hotel in Washington,... More of this article »
Special Edition KFC Phone Released In China
A KFC-branded Android smartphone released in China is the latest special edition phone from Huawei. The phone has been released to commemorate the chicken chain’s 30th anniversary of entering the Chinese fast food market. KFC... More of this article »
Abercrombie & Fitch Shares Plunge After Termination Of Takeover Talks
Abercrombie & Fitch (NYSE:ANF) has announced that it has terminated talks over a potential sale of the business. In a press release, Abercrombie chairman Arthur Martinez said that the retailer “determined that the best path... More of this article »
Snortable Chocolate May Soon Be Under FDA Scrutiny
Federal regulators are being urged to look into a “snortable chocolate” powder that is now being sold. Food and Drug Administration has been asked to investigate the use of caffeine in inhalable food products, such as a... More of this article »
Samsung Electronics Predicts Record Profit For Q2
Samsung Electronics Co Ltd (SSNLF) recently estimated that its operating profit likely rose to a new record in the second quarter of its fiscal year. The company said second-quarter operating profit was likely 14 trillion won ($12.11... More of this article »
Tesla Announces First Model 3s Ready By July’s End
Six months from now, we’ll know whether Tesla (NASDAQ:TSLA) is capable of high-volume production of its new mid-market Model 3. The Model 3 is Tesla’s first high-volume car. The new model has a $35,000 base price and a range of... More of this article »
Legionnaires Outbreak Confirmed At The Guest House At Graceland
A Legionnaires outbreak at The Guest House at Graceland hotel has been confirmed by health officials at the Shelby County Health Department (SCHD). The hotel, managed by Pyramid Hotel Group, is located at Graceland, the Memphis, Tennessee... More of this article »
Google Changes Policy On Reviews Of Gmail Emails
Alphabet’s (NASDAQ:GOOG) Google division has released an announcement detailing a policy change regarding the company’s reviewing of Gmail emails for advertising purposes. Google will soon stop its computers from reading the emails... More of this article »
Federal Investigations Into SeaWorld Revealed In SEC Filing
SeaWorld Entertainment Inc. (NYSE:SEAS) has revealed that the company is the subject of multiple federal investigations. Two federal agencies are reportedly investigating SeaWorld over statements about the 2013 “Blackfish” documentary... More of this article »
Wisconsin And Indiana Losing Anthem As ACA Insurer
Health insurer Anthem (NYSE:ANTM) is almost completely withdrawing from the Affordable Care Act markets in Wisconsin and Indiana in 2018. The company said, “After significant dialogue with state leaders and regulators Anthem has... More of this article »
Allegiant Launches Biggest Route Expansion Yet
Allegiant Air (NASDAQ:ALGT) is expanding to 28 new routes and three new destinations, according to a statement by the company. Allegiant began with one plane and one route in 1999. Now, the airline operates more than 80 aircraft and... More of this article »
Snap Inc. Reaches $100M Show Deal With Time Warner
Time Warner (NYSE:TWX) is reportedly planning to invest $100 million in shows and advertising on Snap Inc.’s (NYSE:SNAP) Snapchat over the next two years. The information comes from a person familiar with the matter who asked... More of this article »
Nestlé Seeking Buyer For Its U.S. Candy Business
Nestlé SA (NESN) has put its U.S. confectionery business up for sale. The U.S. confections business generated about $922 million in sales last year, representing 3 percent of its total U.S. sales. Based on analysts’ valuations... More of this article »