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Retailers in UK Enjoy Strong Sales on Black Friday

Retailers in UK Enjoy Strong Sales on Black Friday

Shoppers across Britain pounced on the bargains available on Black Friday late last month which gave an unexpected boost to retail, that contrasted signs earlier of a subdued beginning to the Christmas spending season. Through most... 
Lyft Begins Service in Canada Its First International Venture

Lyft Begins Service in Canada Its First International Venture

U.S. based Lyft Inc. the ride-hailing company launched on Tuesday its service north of the border in Toronto, marking its first venture outside the U.S. in its battle against Uber Technologies. Lyft prides itself on being a friendlier... 
Breastfeeding Mom Says Spirit Airlines Kicked Her Off Flight

Breastfeeding Mom Says Spirit Airlines Kicked Her Off Flight

Mei Rui, a cancer researchers and concert pianist, was scheduled to take a flight on Spirit Airlines to Newark from Houston last Friday. The trip was to do a recording that was connected with a cancer study. The flying along with Rui... 
California Sued by Drug Companies Over Transparency Law

California Sued by Drug Companies Over Transparency Law

On Friday, the pharmaceutical industry filed a lawsuit challenging the constitutionality of a new law that California Governor Jerry Brown signed and who many consider to be the most comprehensive legislation related to transparency... 
Dollar General to Open 900 New Stores in 2018

Dollar General to Open 900 New Stores in 2018

Dollar General will buck a trend in retail as the discount chain on Thursday announced it is planning to open 900 new stores during 2018, for the second straight year. The discount store chain did not release any figures on the number... 
U.S. Embassies Expect Possible Violent Backlash Over Jerusalem

U.S. Embassies Expect Possible Violent Backlash Over Jerusalem

Several United States embassies throughout the Middle East are warning of backlash that they labeled potentially violent in response to the decision by U.S. President Donald Trump to recognize Jerusalem as the official capital of Israel. The... 
Source: Ford Ready to Link Up with Alibaba for Online Auto Sales

Source: Ford Ready to Link Up with Alibaba for Online Auto Sales

Ford Motor Co expects to sign a deal by Thursday with Chinese e-commerce behemoth Alibaba Group Holding that might allow the automaker based in the U.S. to test selling its vehicles to clients in China via the online retail platform... 
Sanofi Cooperating On Vaccine for Dengue with Government

Sanofi Cooperating On Vaccine for Dengue with Government

Sanofi, the maker of a dengue fever vaccine, which is suspended in the Philippines following a recent study that showed more of a risk of severe cases for people without a prior infection, said on Monday it was working with officials... 
American Airlines Says It Now Has Enough Pilots

American Airlines Says It Now Has Enough Pilots

For all those flying on American Airlines during the holiday, life just become a bit easier. The air carrier and its pilot union announced on Friday there would be enough pilots to cover all of the December flights for the airline... 
OPEC Says Cuts in Oil Supply Will Extend Through 2018

OPEC Says Cuts in Oil Supply Will Extend Through 2018

The largest producers in OPEC have signaled that they would extend the cuts in the production of oil through the end of 2018 to complete the job of rebalancing the oversupplied world market. Saudi Arabia, Iran and Iraq the three top... 
FedEx Buying As Many As 100 Flying Delivery Vehicles

FedEx Buying As Many As 100 Flying Delivery Vehicles

On Tuesday Cessna unveiled a new design for a small passenger and freighter aircraft, that is being called the SkyCourier and FedEx likes the new plane. FedEx Express agreed to purchase 50 of the new delivery aircraft, adding one each... 
Cyber Monday: Walmart Inching Closer to Amazon in Price War

Cyber Monday: Walmart Inching Closer to Amazon in Price War

Walmart Stores is closing in on matching the online prices of Amazon.com for just the first time, a big milestone in the retailers’ efforts to take back the title of “low price leader.” Walmart aggressively invested in making... 
Google Questioned by Regulators About Location Data

Google Questioned by Regulators About Location Data

Google has come under scrutiny due to reportedly collecting data that shows the locations of users of smartphones without the users’ knowledge. South Korea regulators have summoned representatives from Google this week to be questioned... 
Mitsubishi Faked Data Becoming Latest Scandal in Japan

Mitsubishi Faked Data Becoming Latest Scandal in Japan

A new day, a new admission of wrongdoing by a corporate giant in Japan, as Mitsubishi Materials admitted on Thursday that it falsified data on several products, including some components that were used in airplanes and cars, for over... 
Marvell to Acquire Rival Cavium in $6 Billion Deal

Marvell to Acquire Rival Cavium in $6 Billion Deal

Chipmaker Marvell Technology Group is looking to build a future for it outside an area that is declining in the market and announced it would acquire Cavium Inc. for $6 billion, said a person who is familiar with the situation. The... 
Volkswagen Speeds Up Electric Car Push with Spending Plan

Volkswagen Speeds Up Electric Car Push with Spending Plan

Volkswagen approved a spending plan of €34 million equal to $40 billion that accelerates the efforts of the carmaker to become a leader globally in electric vehicles. The largest carmaker in the world by unit sales has been approved... 
Amazon Signs Exclusive Deal to Sell Calvin Klein Merchandise

Amazon Signs Exclusive Deal to Sell Calvin Klein Merchandise

Calvin Klein, for just the first time, is bypassing department stores to sell new underwear this holiday season on Amazon, reported the Wall Street Journal. The undergarments, which include striped panties and cotton bralettes, were... 
Mattel Says No to Hasbro Acquisition Offer

Mattel Says No to Hasbro Acquisition Offer

Mattel Inc. has snubbed Hasbro Inc.’s takeover approach said people who are familiar with this matter. This casts uncertainty about the possible combination of the two biggest toy companies in the world. The rebuttal by Mattel shows... 
Female Passengers Sue Uber for Alleged Violence and Rape by Drivers

Female Passengers Sue Uber for Alleged Violence and Rape by Drivers

Two women who were unnamed on Tuesday filed a proposed class action lawsuit against Uber Technologies, accusing the ride-hailing company of poor vetting of drivers that led to thousands of Uber female passengers enduring a broad range... 
Single’s Day: World’s Biggest One Day of Shopping Sets Record

Single’s Day: World’s Biggest One Day of Shopping Sets Record

Chinese consumers continue spending billions of dollars while shopping online for things from dog supplies to diamonds during Single’s Day, which is a once-a-year promotion that has ballooned into the largest e-commerce event worldwide. The... 
Diet Low in Calories Might Help to Reverse Diabetes

Diet Low in Calories Might Help to Reverse Diabetes

Diabetes today is responsible for one out of every seven deaths across the U.S. and can cause an array of other health issues including vision loss, heart disease, amputation and kidney failure. A just published study indicates a diet... 
New CEO at Burberry Moving Label More Up-Market

New CEO at Burberry Moving Label More Up-Market

Luxury brand Burberry, based in Britain, will move further upmarket while updating its fashion range more regularly, but shares of the brand were down 11% as investors were more focused on the cost of the plan by new CEO Marco Gobbetti. The... 
Anti-Trump Voters Fuel Sweep By Democrats in Virginia and Elsewhere

Anti-Trump Voters Fuel Sweep By Democrats in Virginia and Elsewhere

On Tuesday, the Democrats enjoyed a strong day politically for the first time since 2012. Republicans won significant victories during 2015, 2016 as well as the big upset in 2016. Democrats needed to win and win big on Tuesday after... 
Job Growth in U.S. Increases, but Wages Raise Worries Over Spending

Job Growth in U.S. Increases, but Wages Raise Worries Over Spending

Job growth in the U.S. accelerated during October after disruptions from hurricanes in September, but wages increased at their slowest pace on an annualized basis for over 18 months in a new sign that inflation is likely to remain... 
Sales of Toyota in China Expected to Have Steady Growth

Sales of Toyota in China Expected to Have Steady Growth

Toyota Motor Corp, the largest automaker in Japan by volume, has dropped to No. 3 amongst automakers from Japan in China, due to not having a presence in one of the key segments – a situation that experts now say will prevail beyond... 
Pizza Hut Sales at Same-Restaurants Help Yum Top Expectations

Pizza Hut Sales at Same-Restaurants Help Yum Top Expectations

Pizza Hut snapped a streak of five straight quarters of declines in sales helping its parent Yum Brands post revenue and profit for its third quarter that beat expectations on Wall Street on Thursday. Pizza Hut struggled during recent... 
Walmart Triples Number of Items Online as Holiday Season Begins

Walmart Triples Number of Items Online as Holiday Season Begins

Walmart Stores is planning on boosting sales and fending off its rivals during the holiday season this year through doubling down on its incentives for its shoppers who purchase online and those that visit its brick and mortar locations. The... 
Akzo Nobel in Merger Talks with Axalta

Akzo Nobel in Merger Talks with Axalta

Akzo Nobel, the paint maker based in the Netherlands, has come under heavy pressure after rejecting a very lucrative takeover offer as well as releasing two warnings on profit. However, the company confirmed that it is holding merger... 
Venezuelan Chaos Could Grow Much Worse

Venezuelan Chaos Could Grow Much Worse

As Venezuela sinks further into chaos the country has large bills that are coming due and it still has not paid other debts due several weeks ago. On Friday, PDVSA the state-operated oil company paid $900 million to its bondholders,... 
Comcast Profit for the Quarter Beats Estimates

Comcast Profit for the Quarter Beats Estimates

Comcast Corp. posted profit for the quarter that beat expectations on Wall Street on Thursday. The No. 1 cable operator in the U.S. said it had added home security and broadband customers even though video subscribers dropped. Comcast... 
Coca-Cola Higher Sales in U.S. Help Beat Expectations

Coca-Cola Higher Sales in U.S. Help Beat Expectations

On Wednesday, Coca-Cola Co. posted revenue and profit that was better than had been expected during its third quarter as sales in North America increased by 3% thanks to more demand for Sprite, coffee and tea. The beverage giant said... 
Britain’s Authorities Fine Merrill Lynch for Not Reporting Transactions

Britain’s Authorities Fine Merrill Lynch for Not Reporting Transactions

Merrill Lynch, a unit of Bank of America, was fined on Monday in the amount of $45.5 billion by the Financial Conduct Authority in Britain for not reporting details of its trading in exchange-traded derivatives, the British market... 
Peace Helps Revive Colombian Coffee

Peace Helps Revive Colombian Coffee

Farmers who left the Colombian Andes during the civil war in the South American country are now returning to revive their abandoned farms, cultivating coffee that is boosting the supply globally of the high quality beans. The five-decade... 
Earnings for American Express Beat Expectations

Earnings for American Express Beat Expectations

On Wednesday, American Express posted quarterly revenue and earnings that beat Wall Street expectations and increased its full year forecast. At the same time, the company announced that its CEO Kenneth Chenualt would be replaced by... 
Sidewalk Labs Turning Area of Toronto Into Smart City

Sidewalk Labs Turning Area of Toronto Into Smart City

Sidewalk Labs, owned by Alphabet the parent company of Google, focuses on technologies for smart cities, and will build a complete, mixed-use community in Toronto’s eastern waterfront, with the goal of building an area that is livable... 
IBM Simplifying and Increasing Speed of Cross Border Payments

IBM Simplifying and Increasing Speed of Cross Border Payments

For many the blockchain has been seen as one method of quickening payments that are cross-border, and now the movement, which includes many startups making private moves, just received its highest-profile supporter in IBM, after Big... 
Hundreds of Employees Fired at Tesla

Hundreds of Employees Fired at Tesla

Tesla has fired hundreds of its employees this week, including factory workers, managers and engineers, even as the electric carmaker continues to struggle to expand manufacturing and its product line. The mass firing came during a... 
Amazon Studios Suspends Roy Price Following Allegations of Harassment

Amazon Studios Suspends Roy Price Following Allegations of Harassment

Roy Price the chief at Amazon Studios was placed on a leave of absence effective immediately on Thursday announced the company. The move came after allegations that Price had harassed a producer as well as ignored the claim by an actress... 
Kobe Steel Problems Deepen as Shares Take Big Dive

Kobe Steel Problems Deepen as Shares Take Big Dive

Kobe Steel Ltd. based in Tokyo, Japan plunged further into crisis Wednesday after new revelations showed that data fabrication at the Japanese steelmaker was much more widespread that what was initially thought, increasing a worry... 
Google Finds Ads Bought By Russians on Its Platforms

Google Finds Ads Bought By Russians on Its Platforms

For just the first time Google has uncovered evidence that operatives from Russia exploited the platforms of the Internet giant in an attempt to interfere with the U.S. election in 2016, according to those familiar with the investigation... 
Consumer Watchdog Wants New Rules for Payday Lenders

Consumer Watchdog Wants New Rules for Payday Lenders

Many of today’s payday lenders might have to shutter their doors if rules this week made by the Consumer Financial Protection Bureau as is are to go into effect. However, the changes are up against strong headwinds from a Congress... 
Panel: Washing Machine Makers in U.S. Hurt by Imports

Panel: Washing Machine Makers in U.S. Hurt by Imports

The United States International Trade Commission reported on Thursday that the increase in imports of large washing machines for residences harmed domestic manufacturers, a big step toward placing an across the board duty or quota... 
FedEx and UPS Shares Fall Over Worries of Amazon Delivery Service

FedEx and UPS Shares Fall Over Worries of Amazon Delivery Service

Shares of delivery companies such as FedEx and UPS are falling as investors become worried that the delivery service of Amazon.com is set to disrupt the entire industry. Shares of FedEx and UPS feel 2.2% and 3.3% respectively in premarket... 
FDA: “Love” Is Not An Ingredient in Granola

FDA: “Love” Is Not An Ingredient in Granola

Brown sugar, rolled oats and even nut yes, but feelings no, says U.S. regulatory agency. The United States Food and Drug Administration released on Tuesday a warning letter addressed to Nashoba Brook Bakery. The letter reprimanded... 
Oracle Guarantees Price of Database Warehousing will be 50% of Amazon’s

Oracle Guarantees Price of Database Warehousing will be 50% of Amazon’s

On Sunday night, Larry Ellison the Chairman of Oracle Corp guaranteed to offer the company’s database warehousing at 50% the price that Amazon.com is charging. The autonomous database system at Oracle rolls out this December. Beginning... 
Britain Upset by Decision to Slap Tariff on Bombardier Jets

Britain Upset by Decision to Slap Tariff on Bombardier Jets

On Wednesday, British Prime Minister Theresa May said she was bitterly disappointed by the decision made by the U.S. to place tariffs on Bombardier jets. May promised to protect jobs for thousands in Northern Ireland that this ruling... 
ABB Increases Business in U.S. with Acquisition of GE Industrial Solutions

ABB Increases Business in U.S. with Acquisition of GE Industrial Solutions

Swiss company ABB Ltd has agreed to acquire the General Electric Co. industrial solutions business for a price of $2.6 billion helping to strengthen its business within the U.S., which is its biggest market. ABB, based in Zurich, said... 
Health Professionals Warn Travelers About Meth-Laced Soda

Health Professionals Warn Travelers About Meth-Laced Soda

Methamphetamine-laced 7Up reportedly caused at least one death and sent several others to the hospital in an area of northern Mexico. The incident has prompted warnings by health professional in the U.S. to travelers. Authorities in... 
Death of Liliane Bettencourt Sparks Speculation Over L’Oreal

Death of Liliane Bettencourt Sparks Speculation Over L’Oreal

Billionaire Liliane Bettencourt’s death has sparked speculation over the ownership of the French cosmetic company L’Oreal. The Bettencourt’s were the founding family and the death of the French matriarch of that family has caused... 
SEC Announces It was Hacked in 2016

SEC Announces It was Hacked in 2016

The United States’ top securities regulator announced on Wednesday that its computer systems were hacked in 2016. Hackers took private information that could have been used for trading. The new disclosure, which comes just after...