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Authorities Investigate Coca Cola Cans Containing Human Waste

Authorities Investigate Coca Cola Cans Containing Human Waste

Police started an investigation in Northern Ireland after finding what appears to be human waste in soda cans that were delivered to a factory of Coca-Cola. The Lisburn factory night shift was disrupted a week ago when machines clogged... 
Emaar Malls Making Bid to Buy Souq.com Challenging Amazon

Emaar Malls Making Bid to Buy Souq.com Challenging Amazon

Emaar Malls in Dubai is the operator of glitzy shopping centers across the Middle East and has made an offer of $800 million for Souq.com the online retailer in the region. This has set up a possible bidding war for the online retailer... 
SeaWorld Expanding to China After New Investment

SeaWorld Expanding to China After New Investment

A real estate investment company from China announced it became the largest SeaWorld shareholder and will import the controversial theme parks of the U.S. company into China. In a statement it released on Friday, the Zhonghong Zhuoye... 
Amazon.com Wins Tax Dispute of $1.5 Billion Over IRS

Amazon.com Wins Tax Dispute of $1.5 Billion Over IRS

On Thursday, Amazon.com won a tax dispute of over $1.5 billion with the Internal Revenue Service related to transactions involving a unit in Luxembourg over a decade ago. A U.S. Tax Court judge rejected a number of arguments by the... 
Nike Shares Plummet Following Poor Sales

Nike Shares Plummet Following Poor Sales

Nike, which has legends of basketball such as Michael Jordan and current star LeBron James as part of its arsenal of endorsers, announced this week that total revenue was higher by only 5% during its just ended quarter. Investors have... 
Sears Announces Doubts Over Future

Sears Announces Doubts Over Future

Sears Holding Corp, at one time the largest retailer in the U.S., warned Tuesday over its ability to continue after years of suffering declining sales and losses. Sears, in its annual report for its January 28 fiscal year end, said... 
Sprouts Farmers Market Stock Sees Unusual Activity

Sprouts Farmers Market Stock Sees Unusual Activity

Trading in stock and options in Sprouts Farmers Market surged during trading last week prior to the report that the retailer specializing in natural foods was in merger talks, raising many questions about if the news of a deal had... 
International Investors Set to Scoop Windfall As UK Heads for Major Day of Sport

International Investors Set to Scoop Windfall As UK Heads for Major Day of Sport

United States firms investing in the British sports market and its associated industries are set reap a huge return on their investment this April as the United Kingdom hosts several of its most prominent, major live sporting events... 
China Preparing to Counter Any Trade Penalties by U.S.

China Preparing to Counter Any Trade Penalties by U.S.

The government of China has sought advice from its policy advisers and different think tanks on how it can counter possible trade penalties by President Donald Trump of the U.S. The advisers believe President Trump will likely impose... 
Walmart Acquires Womenswear Online Site ModCloth

Walmart Acquires Womenswear Online Site ModCloth

More consolidation has taken place in the online fashion world. Walmart on Friday announced it has acquired ModCloth, a retailer of womenswear that focuses on the younger, progressive demographic with a broader range of sizes that... 
Rakuten Betting Its Online Shopping on Drones

Rakuten Betting Its Online Shopping on Drones

Rakuten kicked of its 2017 through celebrating a new world record for the longest delivery carried out by a drone by Autonomous Control Systems Laboratory its research partner. A container of hot soup was flown by a drone over 7 miles... 
Cathay Pacific Shares Fall Following First Loss in 8 Years

Cathay Pacific Shares Fall Following First Loss in 8 Years

Cathay Pacific Airways posted its first loss in the past eight years and ended its plans for a dividend during the second six months of the year after tough competition from airlines in China and losses due to fuel hedging ate into... 
Valeant Stake Held by Bill Ackman Sold At Huge Loss

Valeant Stake Held by Bill Ackman Sold At Huge Loss

Bill Ackman, who operates Pershing Square Capital Management, has conceded defeat with Valeant Pharmaceuticals International. After he waged an outspoken and very costly public defense of Valeant, the controversial pharmaceutical company,... 
Intel to Buy Mobileye for $15.3 Billion

Intel to Buy Mobileye for $15.3 Billion

On Monday, Intel Corp announced that it reached a deal to acquire Mobileye N.V. at the price of $15.3 billion. This is the latest investment the technology giant has made in the future of the self-driving vehicle. This deal gives Mobileye... 
Ivanka Trump Products See Increase in Sales During February

Ivanka Trump Products See Increase in Sales During February

The Ivanka Trump fashion label was in the headlines during February when Nordstrom dropped the brand from stores when it was attacked by President Trump on Twitter. Then, more companies dropped Ivanka’s brand when Kellyanne Conway... 
U.S. Adds 235,000 New Jobs in February

U.S. Adds 235,000 New Jobs in February

Employers during February added over 235,000 new jobs, said the Department of Labor on Friday. The hefty increase clears the way for the U.S. Federal Reserve to raise its interest rate during next week’s meeting. The jobless rate... 
China Gives 31 New Trump Trademarks Preliminary Approval

China Gives 31 New Trump Trademarks Preliminary Approval

China has given preliminary approval of 31 new Trump trademarks related to businesses that range from spas and hotels to weather forecasting and animal training. This has reopened the big debate about possible conflicts of interest... 
Dick’s Sporting Goods Eliminating Unpopular Brands

Dick’s Sporting Goods Eliminating Unpopular Brands

On Tuesday, Dick’s Sporting Goods announced it is planning to eliminate certain brands that have become less popular with its shoppers, as the sporting goods retailer continues pushing to capitalize on the problems of its major rivals. The... 
Lowe’s Posts Earnings Beat, Expects Strong Comps to Continue

Lowe’s Posts Earnings Beat, Expects Strong Comps to Continue

The second biggest chain of home improvement stores in the U.S., Lowe’s posted strong numbers for its fourth quarter, beating estimates on Wall Street for both its topline and bottom line. This comes after strong numbers were posted... 
Major League Soccer Looks to Become Major

Major League Soccer Looks to Become Major

Teams in the MLS on average are worth $185 million which is 80% higher than just four years ago. That boost in overall value comes while the league promotes itself as being truly major or as popular and important as the NFL, MLB, NBA... 
Federal Scrutiny Leads to Raid at Caterpillar

Federal Scrutiny Leads to Raid at Caterpillar

Years of scrutiny by federal officials related to the business practices of Caterpillar overseas along with tax strategies reached a boiling point on Thursday when agents raided the Peoria headquarters of the maker of heavy machinery. Authorities... 
Top Lawyer at Yahoo Resigns, CEO Loses Bonus

Top Lawyer at Yahoo Resigns, CEO Loses Bonus

Ronald Bell the top lawyer at Yahoo announced his resignation on Wednesday and CEO Marissa Mayer lost her bonus for 2016 after an internal investigation by the board of the hack of its computer system in 2014 that stole information... 
University in San Francisco Cuts IT workforce, Jobs Outsourced to India

University in San Francisco Cuts IT workforce, Jobs Outsourced to India

The University of California at San Francisco announced on Tuesday it laid off 49 employees in its information technology (IT) department. At the same time, the university said it has outsourced the work of the 49 employees to a company... 
Target Hit by Sales Declines

Target Hit by Sales Declines

The Target turnaround has been short-lived. On Tuesday the U.S. based discount retailer posted a third consecutive quarter of declines in comparable sales, as a surge of 34% in its online business could not compensate for the exodus... 
Netflix and Amazon Earn Oscars

Netflix and Amazon Earn Oscars

Silicon Valley is now officially a crasher of the biggest awards show in Hollywood. On Sunday, Netflix and Amazon.com collected the first streaming services Academy Awards while an independent studio known as A24 won the coveted Oscar... 
Nordstrom Says Tweets by President Trump Did Not Hurt Results

Nordstrom Says Tweets by President Trump Did Not Hurt Results

Nordstrom is investing over $3 billion over the upcoming years to make upgrades that include technology enhancements. The furor over the decision by the retailer to drop the line of Ivanka Trump collection and the unhappy response... 
HP Enterprises Lowers Profit Forecast for Full Year

HP Enterprises Lowers Profit Forecast for Full Year

Hewlett Packard Enterprise, the corporate enterprise software and hardware business for Hewlett-Packard lowered its profit forecast for the full year as the business is facing intense competition in cloud related business as well as... 
McDonald’s Cutting Drink Prices

McDonald’s Cutting Drink Prices

McDonald’s Corp, which is reeling from a restaurant slump industry wide along with a slowdown in growth from its push into all-day breakfast, has shifted its look to beverages as a way to help pick up its business. The world’s... 
Walmart Online Growth During Holiday Season Reaches 29%

Walmart Online Growth During Holiday Season Reaches 29%

Shares of Walmart rose by 3% Tuesday after the giant retailer posted its tenth consecutive quarter of increasing comparable sales in the U.S. fueled by big gains in its business online. The largest retailer in the world has invested... 
Extradition of Kim Dotcom Upheld by Judge in New Zealand

Extradition of Kim Dotcom Upheld by Judge in New Zealand

On Monday, a judge in New Zealand upheld a ruling handled down earlier by a court that Kim Dotcom the internet entrepreneur and three colleagues of his could be extradited to face criminal charges in the United States. This decision... 
Air Canada Shares Plunge Following Profit Forecast

Air Canada Shares Plunge Following Profit Forecast

Shares of Air Canada fell more on Friday that any time in the past seven months following the announcement by Canada’s largest airline that rising costs of fuel would cause a key measure for profit to drop by 50% during the first... 
Source: Apple Beginning Manufacturing in India Soon

Source: Apple Beginning Manufacturing in India Soon

Apple Inc. is planning to start manufacturing its iPhone SE, the lower priced smartphone model at a plant of one of its contract manufacturers in Bengaluru a technology hub in southern India, said a source in the industry on Friday. Apple’s... 
New CEO at Nestle Changes Sales Forecast Following Miss

New CEO at Nestle Changes Sales Forecast Following Miss

The new CEO of Nestle has changed the long-standing sales goal of the food company after it posted disappointing results for the year on Thursday. He adopted a tone that was much more cautious in an environment much more uncertain. The... 
Revenue Increases at PepsiCo, but Impact of Currency Remains

Revenue Increases at PepsiCo, but Impact of Currency Remains

On Wednesday, PepsiCo posted growth in revenue and volume but said a strong U.S. dollar had hurt its international results. CEO Indra Nooyi announced that the company was expecting challenges from the global economy to continue during... 
Owner of Burger King and Tim Hortons Sees Rise in Sales

Owner of Burger King and Tim Hortons Sees Rise in Sales

Restaurant Brands International the operator of both Burger King and Tim Hortons said its sales rose for the fourth quarter driven by growth from its franchise business. Comparable sales for Tim Hortons were up by 0.2%, which was less... 
Amazon Says Trade Protectionism Might Hurt Business

Amazon Says Trade Protectionism Might Hurt Business

On Friday, Amazon.com warned that actions by the government to help domestic companies against foreign competition might hurt its online business. The warning was a possible reference to the agenda of America First that President Donald... 
Under Armour Has More Problems to Deal With

Under Armour Has More Problems to Deal With

Under Amour Inc’s top executive is a Donald Trump fan, but the biggest athletes representing the sports apparel company are not. That has caused its share of problems. Three of Under Armour’s biggest names have spoken out against... 
Shares of Twitter Drop as Sale Growth Slows

Shares of Twitter Drop as Sale Growth Slows

Twitter Inc. posted quarterly revenue that came up short of expectations on Wall Street, after the social media company had restructured its sales force for advertising and cut staff. Shares of Twitter plunged on the news. Revenue... 
Profit Falls in Fourth Quarter at General Motors

Profit Falls in Fourth Quarter at General Motors

On Tuesday, General Motors Co announced that its net income for the fourth quarter fell due to the U.S. dollar strength against the pound in Britain and forecasted flat per share profit for 2017. The news sent GM share plunging by... 
Tech giants, Former Diplomats Blast Immigration Executive Order

Tech giants, Former Diplomats Blast Immigration Executive Order

New challenges to the immigration order now stuck in court took shape on Monday with a pair of former U.S. secretary of state claiming the Trump administration undermined national security and close to 100 tech companies from Silicon... 
Overdose Treatment Has Increased in Price 680% in Three Years

Overdose Treatment Has Increased in Price 680% in Three Years

A medication used in emergencies often called an antidote for overdoses of opioids has been surging in price the past few years. The treatment is called Evzio and manufactured by Kaleo. It is the only version of naloxone that comes... 
GoPro Plummets Following Another Poor Earnings Report

GoPro Plummets Following Another Poor Earnings Report

GoPro Inc fell by up to 14% after it posted a disappointing outlook for is sales during the current quarter. The outlook missed estimates by analysts and reflected the slow demand for its camera and its delayed launch of its drone. Revenue... 
Nordstrom Severs Ties with Ivanka Trump

Nordstrom Severs Ties with Ivanka Trump

On Thursday, retailer Nordstrom announced that it had stopped carrying products by Ivanka Trump. The company announced that the declining sales of the brand led to it making the decision to sever its ties. Nordstrom said that each... 
Exxon Mobil Revenue and Profit Increase

Exxon Mobil Revenue and Profit Increase

Exxon Mobil was able to beat Wall Street expectations Tuesday as the oil giant’s revenue increased, though it took an impairment charge of $2 billion, mostly because of lowering values of some gas assets in the U.S. Excluding one-off... 
UPS Shares Drop After Earnings Miss

UPS Shares Drop After Earnings Miss

United Parcel Service saw its shares drop Tuesday after it posted revenue and earnings for the quarter that came up short of expectations on Wall Street. The package delivery behemoth posted an outlook for 2017 that was below Wall... 
Worry In Tech Industry Due to Changes in Immigration

Worry In Tech Industry Due to Changes in Immigration

For many years, American technology companies have used a stream of skilled overseas engineers to help make their products. At this time, many of the companies are worried over the likely changes in immigration policy under new President... 
Strong Growth in Revenue for Alphabet

Strong Growth in Revenue for Alphabet

On Thursday, Google parent company Alphabet Inc posted a profit for the fourth quarter below estimates of analysts. The results were hurt by higher tax rates, but Wall Street cheered the progress of the company in diversifying beyond... 
IPO for Jose Cuervo Tequila Looks to Raise More Than $700 Million

IPO for Jose Cuervo Tequila Looks to Raise More Than $700 Million

Jose Cuervo the Mexico-based tequila maker is seeking to raise over $700 million in its initial public offering, with 20% of its offer being soaked up by Temasek Holdings of Singapore, a presentation for investors showed Wednesday. Jose... 
Low-Cost Airline AirAsia X Coming to the U.S.

Low-Cost Airline AirAsia X Coming to the U.S.

Finally, AirAsia is coming to the U.S. Low-cost air carrier AirAsia based in Malaysia announced Tuesday that it was given Federal Aviation Administration certification to fly into the United States. AirAsia X will be the first low-cost... 
Johnson & Johnson Expects Higher Results in Full Year 2017

Johnson & Johnson Expects Higher Results in Full Year 2017

Johnson & Johnson said on Tuesday that it is expecting higher sales and earnings for its 2017 fiscal year, which are less than what the expectations are for Wall Street. The company posted solid results for the fourth quarter with...