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Harley-Davidson Investors See Possible Recovery Signs

Harley-Davidson Investors See Possible Recovery Signs

Harley-Davidson Inc. reaffirmed its shipments forecast for the full year and said it is expecting dealers to sell more of its motorcycles in markets overseas, offering hope to the struggling... 
Tech Companies Push to Solar and Wind, Hurting Coal

Tech Companies Push to Solar and Wind, Hurting Coal

Each time you purchase something through Amazon, or open a photo on cloud, stream a movie or work on a Google doc, you are likely pulling electricity that has been generated by a Virginia solar... 
Margaret Georgiadis Steps Down from Mattel CEO Post

Margaret Georgiadis Steps Down from Mattel CEO Post

Mattel Inc. said Thursday that Ynon Kreiz a member of the board and an executive in digital media would replace CEO Margaret Georgiadis, who is resigning after just 14 months in charge of the... 
IBM Shares Fall on Guidance That Disappoints

IBM Shares Fall on Guidance That Disappoints

Shares of IBM were down over 6% after the company posted earnings that were better than had been expected on Tuesday for the first quarter. IBM posted per share earnings of $2.45 while analysts... 
Profit for First Quarter at JP Morgan Beats the Street

Profit for First Quarter at JP Morgan Beats the Street

On Friday, JP Morgan Chase posted earnings for the first quarter that beat both the top and bottom lines, though its growth in trading revenue remained light. Revenue for the quarter reached... 
Ignore Warranty-Void-If-Removed Tags FTC Calls Them Worthless

Ignore Warranty-Void-If-Removed Tags FTC Calls Them Worthless

A big barrier to fixing things for yourself is the stickers that say “warranty-void-if-removed.” Often times the stickers happen to be strategically placed in areas that might need repair... 
China Joins Battle with Hong Kong and U.S. for Tech Listings

China Joins Battle with Hong Kong and U.S. for Tech Listings

When Hong Kong Exchange CEO Charles Li announced last year plans to help with the next wave of tech giants from China to go public in that city, bankers were celebrating. Finally they felt that... 
HR Chief at Nike Says Company Failed with Minorities and Women

HR Chief at Nike Says Company Failed with Minorities and Women

Nike did not gain traction when it came to hiring and promoting more minorities and women to positions that were senior-level according to a memo from the HR Chief at Nike that was sent to the... 
Customer Data Leaked by Panera Bread on Website Despite being Warned

Customer Data Leaked by Panera Bread on Website Despite being Warned

Online security experts allege that Panera Bread the bakery-café chain based in the U.S. had millions of its customers’ personal data available as well as searchable on its website for a minimum... 
U.S. Looks At Including Wage Factor for Auto Rules in NAFTA

U.S. Looks At Including Wage Factor for Auto Rules in NAFTA

Trade negotiators for the U.S. are considering a plan that would introduce rules under a renegotiated NAFTA that stipulate a specific amount of production of autos must be completed in areas... 
Shire Stock Surges Following News of Possible Bid by Takeda

Shire Stock Surges Following News of Possible Bid by Takeda

Takeda Pharmaceutical is considering bidding to takeover Shire Plc, a bid that could be more than $50 billion and represent the largest ever for the company. If it were to take over Shire, the... 
Uber Sells Business in Southeast Asia to Grab

Uber Sells Business in Southeast Asia to Grab

Uber, the giant of ride-hailing services, is selling its Southeast Asia business to Grab, its rival in the region, while gaining a substantial stake in the fast growing ride-hailing, financial... 
Loss Posted by Nike Caused by Tax Law, Beats Expectations

Loss Posted by Nike Caused by Tax Law, Beats Expectations

Nike posted a loss for the quarter for the first time in 20 years thanks to a tax expense of $2 billion related to the recent tax law changes in the U.S. However, the sneaker maker’s results... 
Claire’s Stores Files for Bankruptcy Protection

Claire’s Stores Files for Bankruptcy Protection

Claire’s Stores a jewelry chain found in malls has filed Chapter 11 bankruptcy protection as it hopes to escape large debts that are preventing it from being a bright spot in today’s dim... 
Wells Fargo Facing Sanctions For Payouts of Auto Insurance

Wells Fargo Facing Sanctions For Payouts of Auto Insurance

Regulators in the U.S. are preparing sanctions for Wells Fargo for being paid commissions on auto insurance policies that it helped force on over 500,000 drivers, said people who have direct... 
President Trump Blocks Bid By Broadcom to Acquire Qualcomm

President Trump Blocks Bid By Broadcom to Acquire Qualcomm

On Monday President Donald Trump blocked the bid of $117 billion by Broadcom to acquired chipmaker Qualcomm, citing concerns over national security and sending out a clear message that he will... 
Steel Tariffs in U.S. Could Cost U.S Steelworkers Their Jobs

Steel Tariffs in U.S. Could Cost U.S Steelworkers Their Jobs

Steelworkers are worried that the big tariffs that President Donald Trump is imposing on imported steel and aluminum will cost them their livelihoods. In western Pennsylvania’s Mercy County... 
China Exports Soar Despite Tension with Trade

China Exports Soar Despite Tension with Trade

Exports from China surged in February, which further widened its worldwide trade surplus during a time when the White House administration has been putting special focus on the trade deficit... 
Fresh Beef Arriving at McDonald’s

Fresh Beef Arriving at McDonald’s

McDonald’s is launching fresh beef Quarter Pounders. The talk of fresh beef is no longer just talk, it is now reality. On Tuesday, the burger chain announced that it has started selling fresh... 
European Union May Target U.S. Imports in Trade Retaliation

European Union May Target U.S. Imports in Trade Retaliation

The European Union is considering placing tariffs of 25% on close to $3.5 billion in imports from the U.S. if the plan U.S President Donald Trump has for applying duties to aluminum and steel... 
Spotify Files for IPO

Spotify Files for IPO

On Wednesday, music streaming services Spotify said it would be going public. The company will start trading under the ticker symbol SPOT on the New York Stock Exchange and according to a spokesperson... 
Instacart Joining Forces with Sam’s Club for Delivery Service

Instacart Joining Forces with Sam’s Club for Delivery Service

Things have become a bit more interesting in the grocery delivery landscape in the U.S., as Sam’s Club, which is a division of Walmart, has agreed to partner with Instacart in a deal that offers... 
Geely Chairman Grows Stake in Daimler to $9 Billion

Geely Chairman Grows Stake in Daimler to $9 Billion

The chairman of Geely the Chinese carmaker has built up a stake of nearly 10% in Daimler the owner of Mercedes Benz, making a bet of $9 billion that he will have success in pushing through an... 
North America President of Ford Raj Nair Sacked

North America President of Ford Raj Nair Sacked

President of Ford North America Raj Nair, an important veteran with the company and one of the first promoted by Jim Hackett the Ford CEO, was ousted Wednesday in an abrupt fashion amidst the... 
KFC Suffering from Shortage of Chicken in the UK

KFC Suffering from Shortage of Chicken in the UK

KFC has 900 restaurants scattered across the UK and each one has a big problem on its hands. The chain of fast food restaurants was originally called Kentucky Fried Chicken before taking on just... 
Kraft Heinz Sales in U.S. Decline, Teases Over Possible Deal

Kraft Heinz Sales in U.S. Decline, Teases Over Possible Deal

Kraft Heinz, which makes Heinz Ketchup and Kraft Macaroni & Cheese amongst other well-known brands, could acquire another large food company, and form a food giant in the processed food industry... 
Cisco to Repatriate $67 Billion in Cash

Cisco to Repatriate $67 Billion in Cash

Another huge sum of money will be repatriated to the U.S. following the approval of the new tax law and much of it will go into investor’s pockets. Tech giant Cisco announced on Wednesday that... 
Gun Maker Remington Files for Bankruptcy Protection

Gun Maker Remington Files for Bankruptcy Protection

U.S. based Remington Outdoor Company Inc., which is one of the largest firearms makers  in the U.S., announced on Monday it reached an agreement with its creditors to file Chapter 11 bankruptcy... 
L.L. Bean Ending Policy of Unlimited Returns

L.L. Bean Ending Policy of Unlimited Returns

The generous return policy of L.L. Bean will soon be less forgiving. The Maine-based company, which has touted 100% satisfaction guaranteed for over a century, will impose a limit of one-year... 
Fake Porn Banned on Reddit

Fake Porn Banned on Reddit

Reddit has followed other platforms online in cracking down on the posting of fake porn that is made with the use of artificial intelligence. The content, referred to as “deepfakes,” superimposes... 
Best Buy No Longer Will Sell CDs Beginning July 1

Best Buy No Longer Will Sell CDs Beginning July 1

The CD revolutionized the music industry during the 1980s and 1990s but could become a thing of the past. On Monday, Billboard announced that Best Buy would stop its sales of the compact disc... 
Wells Fargo Stock Sinks After Bank’s Growth Restricted

Wells Fargo Stock Sinks After Bank’s Growth Restricted

Shares of Wells Fargo plunged after the Federal Reserve announced on Friday that it was restricting the size of Wells Fargo in response to its widespread consumer abuses. Wells Fargo, because... 
eBay Will No Longer Use PayPal as Main Payment Processor

eBay Will No Longer Use PayPal as Main Payment Processor

One of the most storied relationships in the tech industry will soon end. eBay has announced that it is going to stop working with PayPal as its main payment service beginning in 2020, and would... 
Tyson Foods’ Invests in Startup Memphis Meats

Tyson Foods’ Invests in Startup Memphis Meats

Memphis Meats the “clean” or alternative meat startup has a mission to eradicate protein that is sourced from livestock. The company, based in Silicon Valley announced an investment from... 
Sources: Gun Maker Remington Using Debt Restructuring Advisors

Sources: Gun Maker Remington Using Debt Restructuring Advisors

Remington Outdoor Company Inc., which is one of the largest makers of firearms in the U.S., is working with Lazard Ltd, an investment bank, on options for restructuring its debt of $950 million,... 
Kroger and Alibaba Hold Business Development Talks

Kroger and Alibaba Hold Business Development Talks

U.S. grocery store chain Kroger Co. and Chinese e-commerce and tech giant Alibaba Group Holdings have held early stage talks about working together, that included meetings where U.S. executives... 
Bacardi Buying Patrón Spirits, Will Mix Rum and Tequila

Bacardi Buying Patrón Spirits, Will Mix Rum and Tequila

Bacardi Ltd. is adding the ultra-premium top-selling tequila brand in the world to its portfolio of spirits with the announced acquisition of Patrón Spirits International. This agreement for... 
Travel Ban Challenge to Be Heard by Supreme Court

Travel Ban Challenge to Be Heard by Supreme Court

On Friday, the U.S. Supreme Court announced that it would hear the challenge of the most recent travel ban implemented by President Donald Trump. Oral arguments on the challenge will be heard... 
Bank of America Profit Hit by Tax Reform

Bank of America Profit Hit by Tax Reform

Bank of America said that a charge from the tax law that was just instituted in the U.S. caused its profit for the quarter to drop 48%, even as it ended 2017 by putting its crisis-era far behind... 
GM Betting on Pickup Trucks Made in Mexico

GM Betting on Pickup Trucks Made in Mexico

General Motors Co.’s assembly plant in the Mexican city of Silao, the automotive heartland of the country, made over 400,000 large pickups during 2017 that are highly profitable, and is important... 
Sandberg and Dorsey Leaving Disney Board

Sandberg and Dorsey Leaving Disney Board

Facebook Inc.’s COO Sheryl Sandberg and Twitter Inc.’s CEO Jack Dorsey have decided to not seek their reelection to the board of directors at Walt Disney Co. due to an increasing number of... 
Two 2019 Ford Models to have Auto Emergency Brakes

Two 2019 Ford Models to have Auto Emergency Brakes

Ford Motor Co. announced on Thursday that it would make the automatic emergency brakes a standard feature on two of its key models for 2019. This is an effort by the U.S. automaker to narrow... 
Google Sued By Engineers for Discrimination Against Caucasian Males

Google Sued By Engineers for Discrimination Against Caucasian Males

Senior software engineer at Google James Damore, who was fired over a controversial essay he wrote on diversity, filed a lawsuit on Monday against his former employer. Damore and David Gudeman,... 
Source: Former CEO at Uber Kalanick Selling a Third of His Shares

Source: Former CEO at Uber Kalanick Selling a Third of His Shares

Uber Technologies Inc. former CEO and co-founder Travis Kalanick will sell 29% of his stake of 10% in the company at a price of approximately $1.4 billion, said a person who is close to the situation... 
American and Southwest Airlines Paying Bonuses

American and Southwest Airlines Paying Bonuses

Airlines have decided to share some of their windfall from the new tax law with their employees. On Tuesday, American and Southwest said they would pay bonuses to employees of $1,000 apiece,... 
General Motors Patents Outside Airbags for Pedestrians

General Motors Patents Outside Airbags for Pedestrians

Airbags are made to protect the passengers inside vehicles. However, General Motors believes they can work equally as well on the exterior of vehicles to save pedestrians during crashes. GM received... 
Forever 21 Hit with Credit Card Data Breach

Forever 21 Hit with Credit Card Data Breach

Forever 21 the clothing franchise disclosed that it had suffered a data security breach that involved credit credits in November, and now the company has returned to give an update on what it... 
China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China has responded to the tax overhaul in Washington by offering a break to foreign companies on taxes in China in an attempt to keep investment. Late Thursday, the measure was announced and... 
Investigators: Tainted Food Not Recalled Quick Enough by FDA

Investigators: Tainted Food Not Recalled Quick Enough by FDA

According to a new report the Department of Health and Human Services’ inspector general issued, contaminated food is not being removed from stores shelves quick enough. The reports indicated... 
Holiday Gift Returns May Become Part of Your Local Dump

Holiday Gift Returns May Become Part of Your Local Dump

Five billion pounds of holiday gifts will end up being thrown in the trash, according to tech company Optoro that helps big retailers manage returns. The returns are not only unfriendly for the...