- published: 12 Oct 2015
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Dell is buying data storage company EMC in a deal valued at approximately $67 billion, making it it the largest tech acquisition in history. Shareholders of EMC Corp. will receive about $33.15 per share, which includes cash plus tracking stock linked to part of EMC's economic interest in the VMware business. VMware will stay an independent, publicly traded company. Michael Dell will serve as chairman and CEO of the combined business. Dell Inc.'s headquarters will stay in Round Rock, Texas.
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Walgreens has announced an agreement to acquire Rite Aid for around $17.2 billion. The deal unites two of the largest drugstore chains in the U.S. Walgreens already owns New York-founded Duane Reade and UK-founded Boots. Walgreens is paying $9 per share for Rite Aid, which is almost 50% higher than the company had been valued at the end of trading on Monday.
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- published: 27 Oct 2015
- views: 1052
United Airlines is out a chairman and CEO in connection with an investigation into their dealings with the agency responsible for operating New York airports.
The company announced Tuesday that Jeff Smisek has resigned.
The executive vice president of communications and government affairs and the senior vice president of corporate and government affairs have also resigned.
The company did not elaborate on Smisek's exit.
Earlier this year United announced an internal investigation into their corporate dealings with the Port Authority.
They added at the same time that certain executives had received subpoenas from a federal grand jury.
http://feeds.nbcnews.com/c/35002/f/663303/s/49adbf02/sc/10/l/0L0Snbcnews0N0Cbusiness0Cbusiness0Enews0Cunited0Eairlines0Eceo0Equits0Eamid0Eprobe0Einvolving0Eex0En0Ey0En423726/story01.htm
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- published: 08 Sep 2015
- views: 2
Failed protests aside, Daily fantasy sports are still going to court in New York. Prominent sites Fanduel And Draft Kings will make their case in front of a judge tomorrow ahead of next year's expected trial. Both fantasy giants are being sued by New York Attorney General Eric Schneiderman, who claims the sites are just more forms of gambling instead of games of skill, as many are led to believe. In an op-ed last week, the attorney general called Fanduel and draft kings "massive, illegal gambling operations." He went on to state "this is what bookies do, and it is illegal"
http://www.wired.com/2015/11/fanduel-and-draftkings-head-to-court-as-unicorn-fantasies-falter/
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- published: 24 Nov 2015
- views: 227
New York Attorney General Eric Schneiderman who ordered industry giants DraftKings and FanDuel this past week to stop accepting play from New Yorkers saying their business amounts to illegal gambling. The Democrat told The Associated Press in an interview this past week, "One of the amazing things about this job is: We can go from anti-trust law to busting up a gun-trafficking enterprise in the same day." Still, some question whether Schneiderman's moves are as much about profile-building as protecting the public. His two immediate predecessors in the attorney general's job have moved on to the governor's office. Schneiderman says the answer is simple: New York law bans taking bets as a business, with exceptions for horse racing, casinos, state lotteries and certain other settings, but not daily fantasy sports sites.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-11-16-US-Daily-Fantasy-Sports-NY-Attorney-General/id-acc6f0c5e7c14b61b6dba618fbc9bad8
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- published: 16 Nov 2015
- views: 38
Sorry, baby, your picture isn't going to be on the front of any beer bottles in New Hampshire. Democratic Gov. Maggie Hassan on Tuesday vetoed a measure that would have allowed some images of minors to grace alcoholic beverage labels as long as they didn't encourage young people to drink. Keith Murphy, who runs a popular tavern, sponsored the bill because he wanted to be able to buy Breakfast Stout, crafted by Founders Brewery Co. in Grand Rapids, Michigan. The beer's label depicts a chubby, Norman Rockwell-esque baby scooping oatmeal into his mouth. Hassan said allowing the images could undermine the state's efforts to fight underage drinking. Murphy said the veto is an overreach and noted that neighboring Massachusetts, Maine and Vermont sell the beer. He also pointed out that a New Hampshire-produced craft beer, Smuttynose Baltic Porter, would have to come off the shelves because its label shows Father Time and a baby.
http://hosted2.ap.org/APDEFAULT/aa9398e6757a46fa93ed5dea7bd3729e/Article_2015-06-02-US-ODD-Beer-and-Babies/id-63a6f4017830479e8eed9a7ced231bd2
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- published: 02 Jun 2015
- views: 4
The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month. The Labor Department said Friday that the jobless rate fell to 5.1 percent — a level consistent with a normal economy and the lowest since April 2008 — from 5.3 percent in July. Though hiring in August was the slowest in five months, the government revised up job growth for June and July by a combined 44,000. From June through August, the economy added a robust 221,000 jobs a month, up from an average of 189,000 from March through May.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-09-04-US--Economy/id-ee4137f9e08d4b338e9165a2197cac46
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- published: 04 Sep 2015
- views: 1
Stock futures predicted another sell-off at the opening bell on Wall Street on Tuesday after more data in China pointed to a sharp slowdown in the world's No. 2 economy. Dow Jones industrial average futures were down 300 points. The Dow lost 6.6 percent of its value in August, making it the worst month for U.S. stocks in three years. That included extreme volatility last week: On Monday, the Dow plunged almost 1,100 points in six minutes at the start of trading.
http://feeds.nbcnews.com/c/35002/f/663303/s/49791c4c/sc/24/l/0L0Snbcnews0N0Cbusiness0Cmarkets0Cstock0Emarket0Eturmoil0Efutures0Esharply0Elower0Eafter0Emore0Esigns0Echina0En419341/story01.htm
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- published: 01 Sep 2015
- views: 4
If you hate waiting in line, and maybe don’t like your coffee too hot, does Starbucks have a feature for you: The coffee roaster announced Tuesday that it is making mobile ordering from its smartphone app available at most of its stores nationwide. Here’s how it works: Opening the app shows a a map view highlighting where advanced ordering is available Once you choose the store, a menu appears that will allow you to choose your order The app will then show the estimated timeframe the order will be ready It seems to work: The feature was first tested in Portland this past December, then was expanded to Pacific Northwest locations this spring.
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- published: 22 Sep 2015
- views: 314
Twitter named co-founder and interim Chief Executive Jack Dorsey as its permanent CEO, ending months of speculation about who would take the reins at the company. Dorsey will remain head of the fast-growing mobile payments company, Square, which he also co-founded, potentially setting up conflicts of interest. Twitter had previously said the CEO job would be a full-time position, which seemed to exclude Dorsey if he continued to run Square. Some investors had expressed concerns about whether Dorsey could run both Twitter and Square, which is expected to go public later this year. Twitter's second-quarter monthly average users grew at the slowest pace since the company went public in 2013.
http://feeds.reuters.com/~r/reuters/topNews/~3/_W-rTGss4ks/story01.htm
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- published: 05 Oct 2015
- views: 110
Volkswagen shares plunged by nearly 20 percent on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the United States, and U.S. authorities said they would widen the probe to other automakers. German officials, alarmed at the potential damage the scandal could inflict on its car industry, urged Volkswagen to fully clear up the matter and said it would investigate whether emissions data had also been falsified in Europe. The U.S. Environmental Protection Agency said on Friday that Volkswagen, the world's biggest carmaker by sales, used software that deceived regulators measuring toxic emissions and could face penalties of up to $18 billion.
http://feeds.reuters.com/~r/reuters/topNews/~3/uYTU8k0OMGY/story01.htm
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- published: 22 Sep 2015
- views: 247
Volkswagen CEO Martin Winterkorn resigned Wednesday, days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests during his tenure. No replacement was announced and VW still has no easy exit from a scandal that has suddenly dented a reputation for trustworthiness that took decades to build. The smog-test trickery has wiped out billions in VW's market value and raised the specter of criminal investigations and billions more in fines. Winterkorn took responsibility for the "irregularities" found by U.S. inspectors in VW's diesel engines, but insisted he had personally done nothing wrong.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-09-23-Volkswagen/id-6c6a22d68db64ad694f34db187a18203
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- published: 23 Sep 2015
- views: 4
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0:45Dell Keeping Competitive With EMC Deal
Dell Keeping Competitive With EMC DealDell Keeping Competitive With EMC Deal
Dell is buying data storage company EMC in a deal valued at approximately $67 billion, making it it the largest tech acquisition in history. Shareholders of EMC Corp. will receive about $33.15 per share, which includes cash plus tracking stock linked to part of EMC's economic interest in the VMware business. VMware will stay an independent, publicly traded company. Michael Dell will serve as chairman and CEO of the combined business. Dell Inc.'s headquarters will stay in Round Rock, Texas. http://feeds.mashable.com/~r/Mashable/~3/Y1hwgkozzZI/ http://www.wochit.com This video was produced by Wochit using http://wochit.com -
0:38Walgreens Buys Its Third Company, Rite Aid
Walgreens Buys Its Third Company, Rite AidWalgreens Buys Its Third Company, Rite Aid
Walgreens has announced an agreement to acquire Rite Aid for around $17.2 billion. The deal unites two of the largest drugstore chains in the U.S. Walgreens already owns New York-founded Duane Reade and UK-founded Boots. Walgreens is paying $9 per share for Rite Aid, which is almost 50% higher than the company had been valued at the end of trading on Monday. http://feeds.mashable.com/~r/Mashable/~3/QYnQgb81RBw/ http://www.wochit.com This video was produced by Wochit using http://wochit.com -
0:42United Airlines CEO Quits Amid Airports Probe
United Airlines CEO Quits Amid Airports ProbeUnited Airlines CEO Quits Amid Airports Probe
United Airlines is out a chairman and CEO in connection with an investigation into their dealings with the agency responsible for operating New York airports. The company announced Tuesday that Jeff Smisek has resigned. The executive vice president of communications and government affairs and the senior vice president of corporate and government affairs have also resigned. The company did not elaborate on Smisek's exit. Earlier this year United announced an internal investigation into their corporate dealings with the Port Authority. They added at the same time that certain executives had received subpoenas from a federal grand jury. http:// -
0:41Daily Fantasy Sports Head To Court
Daily Fantasy Sports Head To CourtDaily Fantasy Sports Head To Court
Failed protests aside, Daily fantasy sports are still going to court in New York. Prominent sites Fanduel And Draft Kings will make their case in front of a judge tomorrow ahead of next year's expected trial. Both fantasy giants are being sued by New York Attorney General Eric Schneiderman, who claims the sites are just more forms of gambling instead of games of skill, as many are led to believe. In an op-ed last week, the attorney general called Fanduel and draft kings "massive, illegal gambling operations." He went on to state "this is what bookies do, and it is illegal" http://www.wired.com/2015/11/fanduel-and-draftkings-head-to-court-as- -
0:50FanDuel, DraftKings Face Off Against NY Attorney General
FanDuel, DraftKings Face Off Against NY Attorney GeneralFanDuel, DraftKings Face Off Against NY Attorney General
New York Attorney General Eric Schneiderman who ordered industry giants DraftKings and FanDuel this past week to stop accepting play from New Yorkers saying their business amounts to illegal gambling. The Democrat told The Associated Press in an interview this past week, "One of the amazing things about this job is: We can go from anti-trust law to busting up a gun-trafficking enterprise in the same day." Still, some question whether Schneiderman's moves are as much about profile-building as protecting the public. His two immediate predecessors in the attorney general's job have moved on to the governor's office. Schneiderman says the answer -
1:01New Hampshire Governor Blocks Baby Pictures on Beer Bottles
New Hampshire Governor Blocks Baby Pictures on Beer BottlesNew Hampshire Governor Blocks Baby Pictures on Beer Bottles
Sorry, baby, your picture isn't going to be on the front of any beer bottles in New Hampshire. Democratic Gov. Maggie Hassan on Tuesday vetoed a measure that would have allowed some images of minors to grace alcoholic beverage labels as long as they didn't encourage young people to drink. Keith Murphy, who runs a popular tavern, sponsored the bill because he wanted to be able to buy Breakfast Stout, crafted by Founders Brewery Co. in Grand Rapids, Michigan. The beer's label depicts a chubby, Norman Rockwell-esque baby scooping oatmeal into his mouth. Hassan said allowing the images could undermine the state's efforts to fight underage drinkin -
0:55US Employers Added 173,000 Jobs in August
US Employers Added 173,000 Jobs in AugustUS Employers Added 173,000 Jobs in August
The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month. The Labor Department said Friday that the jobless rate fell to 5.1 percent — a level consistent with a normal economy and the lowest since April 2008 — from 5.3 percent in July. Though hiring in August was the slowest in five months, the government revised up job growth for June and July by a combined 44,000. From June through August, the economy added a robust 221,000 jobs a month, up from an average of 189,000 fro -
0:39Here We Go Again: Stock Futures Sharply Lower
Here We Go Again: Stock Futures Sharply LowerHere We Go Again: Stock Futures Sharply Lower
Stock futures predicted another sell-off at the opening bell on Wall Street on Tuesday after more data in China pointed to a sharp slowdown in the world's No. 2 economy. Dow Jones industrial average futures were down 300 points. The Dow lost 6.6 percent of its value in August, making it the worst month for U.S. stocks in three years. That included extreme volatility last week: On Monday, the Dow plunged almost 1,100 points in six minutes at the start of trading. http://feeds.nbcnews.com/c/35002/f/663303/s/49791c4c/sc/24/l/0L0Snbcnews0N0Cbusiness0Cmarkets0Cstock0Emarket0Eturmoil0Efutures0Esharply0Elower0Eafter0Emore0Esigns0Echina0En419341/sto -
0:46Starbucks Just Killed Their Lines With Its App
Starbucks Just Killed Their Lines With Its AppStarbucks Just Killed Their Lines With Its App
If you hate waiting in line, and maybe don’t like your coffee too hot, does Starbucks have a feature for you: The coffee roaster announced Tuesday that it is making mobile ordering from its smartphone app available at most of its stores nationwide. Here’s how it works: Opening the app shows a a map view highlighting where advanced ordering is available Once you choose the store, a menu appears that will allow you to choose your order The app will then show the estimated timeframe the order will be ready It seems to work: The feature was first tested in Portland this past December, then was expanded to Pacific Northwest locations this spring. -
0:49Twitter Taps Jack Dorsey Permanent CEO
Twitter Taps Jack Dorsey Permanent CEOTwitter Taps Jack Dorsey Permanent CEO
Twitter named co-founder and interim Chief Executive Jack Dorsey as its permanent CEO, ending months of speculation about who would take the reins at the company. Dorsey will remain head of the fast-growing mobile payments company, Square, which he also co-founded, potentially setting up conflicts of interest. Twitter had previously said the CEO job would be a full-time position, which seemed to exclude Dorsey if he continued to run Square. Some investors had expressed concerns about whether Dorsey could run both Twitter and Square, which is expected to go public later this year. Twitter's second-quarter monthly average users grew at the slow -
0:50Volkswagen Shares Plunge Due to Emissions Scandal
Volkswagen Shares Plunge Due to Emissions ScandalVolkswagen Shares Plunge Due to Emissions Scandal
Volkswagen shares plunged by nearly 20 percent on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the United States, and U.S. authorities said they would widen the probe to other automakers. German officials, alarmed at the potential damage the scandal could inflict on its car industry, urged Volkswagen to fully clear up the matter and said it would investigate whether emissions data had also been falsified in Europe. The U.S. Environmental Protection Agency said on Friday that Volkswagen, the world's biggest carmaker by sales, used software that deceived regulators measuring toxic emissio -
0:44Volkswagen CEO Steps Down, Takes Responsibility For Scandal
Volkswagen CEO Steps Down, Takes Responsibility For ScandalVolkswagen CEO Steps Down, Takes Responsibility For Scandal
Volkswagen CEO Martin Winterkorn resigned Wednesday, days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests during his tenure. No replacement was announced and VW still has no easy exit from a scandal that has suddenly dented a reputation for trustworthiness that took decades to build. The smog-test trickery has wiped out billions in VW's market value and raised the specter of criminal investigations and billions more in fines. Winterkorn took responsibility for the "irregularities" found by U.S. inspectors in VW's diesel engines, but insisted he had personally done nothing wrong. http://hos -
0:48Apple Hints at Strong Watch Sales After Shares Sink
Apple Hints at Strong Watch Sales After Shares SinkApple Hints at Strong Watch Sales After Shares Sink
Apple beat analysts’ expectations for its second quarter on Tuesday but its shares dived in after-hours stock trading, as investors seemed disappointed by the results and a lack of fireworks over Apple Watch sales figures. If there’s one thing Apple told investors clearly, it’s that the iPhone is still the cornerstone to the success of the Apple Empire. And the watch? Unknown. The company gave no solid sales figures although chief executive Tim Cook suggested it was already a $1 billion business and told analysts the possibilities for the watch were “enormous”. http://www.theguardian.com/technology/2015/jul/21/apple-quarterly-results-watch-s -
1:01Texas Wants Its Gold Back Inside the State's Borders
Texas Wants Its Gold Back Inside the State's BordersTexas Wants Its Gold Back Inside the State's Borders
Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdings within in its own borders. But what makes sense politically in such a sovereignty-loving place is creating a logistical headache. according to public sector and financial industry experts Texas is the only state that owns an actual stockpile of gold, — not just gold futures or investment positions, but approximately 5,600 gold bars worth around $650 million. The holdings, stored at a New York bank, for some recall century-old fears about the security of currency not backed by shiny bullion. The Legislature's decision this summer to bring its gold cac
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Dell Keeping Competitive With EMC Deal
Dell is buying data storage company EMC in a deal valued at approximately $67 billion, making it it the largest tech acquisition in history. Shareholders of EMC Corp. will receive about $33.15 per share, which includes cash plus tracking stock linked to part of EMC's economic interest in the VMware business. VMware will stay an independent, publicly traded company. Michael Dell will serve as ch -
Walgreens Buys Its Third Company, Rite Aid
Walgreens has announced an agreement to acquire Rite Aid for around $17.2 billion. The deal unites two of the largest drugstore chains in the U.S. Walgreens already owns New York-founded Duane Reade and UK-founded Boots. Walgreens is paying $9 per share for Rite Aid, which is almost 50% higher than the company had been valued at the end of trading on Monday. http://feeds.mashable.com/~r/Mashabl -
United Airlines CEO Quits Amid Airports Probe
United Airlines is out a chairman and CEO in connection with an investigation into their dealings with the agency responsible for operating New York airports. The company announced Tuesday that Jeff Smisek has resigned. The executive vice president of communications and government affairs and the senior vice president of corporate and government affairs have also resigned. The company did not elab -
Daily Fantasy Sports Head To Court
Failed protests aside, Daily fantasy sports are still going to court in New York. Prominent sites Fanduel And Draft Kings will make their case in front of a judge tomorrow ahead of next year's expected trial. Both fantasy giants are being sued by New York Attorney General Eric Schneiderman, who claims the sites are just more forms of gambling instead of games of skill, as many are led to believe. -
FanDuel, DraftKings Face Off Against NY Attorney General
New York Attorney General Eric Schneiderman who ordered industry giants DraftKings and FanDuel this past week to stop accepting play from New Yorkers saying their business amounts to illegal gambling. The Democrat told The Associated Press in an interview this past week, "One of the amazing things about this job is: We can go from anti-trust law to busting up a gun-trafficking enterprise in the s -
New Hampshire Governor Blocks Baby Pictures on Beer Bottles
Sorry, baby, your picture isn't going to be on the front of any beer bottles in New Hampshire. Democratic Gov. Maggie Hassan on Tuesday vetoed a measure that would have allowed some images of minors to grace alcoholic beverage labels as long as they didn't encourage young people to drink. Keith Murphy, who runs a popular tavern, sponsored the bill because he wanted to be able to buy Breakfast Stou -
US Employers Added 173,000 Jobs in August
The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month. The Labor Department said Friday that the jobless rate fell to 5.1 percent — a level consistent with a normal economy and the lowest since April 2008 — from 5.3 percent -
Here We Go Again: Stock Futures Sharply Lower
Stock futures predicted another sell-off at the opening bell on Wall Street on Tuesday after more data in China pointed to a sharp slowdown in the world's No. 2 economy. Dow Jones industrial average futures were down 300 points. The Dow lost 6.6 percent of its value in August, making it the worst month for U.S. stocks in three years. That included extreme volatility last week: On Monday, the Dow p -
Starbucks Just Killed Their Lines With Its App
If you hate waiting in line, and maybe don’t like your coffee too hot, does Starbucks have a feature for you: The coffee roaster announced Tuesday that it is making mobile ordering from its smartphone app available at most of its stores nationwide. Here’s how it works: Opening the app shows a a map view highlighting where advanced ordering is available Once you choose the store, a menu appears tha -
Twitter Taps Jack Dorsey Permanent CEO
Twitter named co-founder and interim Chief Executive Jack Dorsey as its permanent CEO, ending months of speculation about who would take the reins at the company. Dorsey will remain head of the fast-growing mobile payments company, Square, which he also co-founded, potentially setting up conflicts of interest. Twitter had previously said the CEO job would be a full-time position, which seemed to e -
Volkswagen Shares Plunge Due to Emissions Scandal
Volkswagen shares plunged by nearly 20 percent on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the United States, and U.S. authorities said they would widen the probe to other automakers. German officials, alarmed at the potential damage the scandal could inflict on its car industry, urged Volkswagen to fully clear up the matter and said it -
Volkswagen CEO Steps Down, Takes Responsibility For Scandal
Volkswagen CEO Martin Winterkorn resigned Wednesday, days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests during his tenure. No replacement was announced and VW still has no easy exit from a scandal that has suddenly dented a reputation for trustworthiness that took decades to build. The smog-test trickery has wiped out billions in VW's market v -
Apple Hints at Strong Watch Sales After Shares Sink
Apple beat analysts’ expectations for its second quarter on Tuesday but its shares dived in after-hours stock trading, as investors seemed disappointed by the results and a lack of fireworks over Apple Watch sales figures. If there’s one thing Apple told investors clearly, it’s that the iPhone is still the cornerstone to the success of the Apple Empire. And the watch? Unknown. The company gave no -
Texas Wants Its Gold Back Inside the State's Borders
Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdings within in its own borders. But what makes sense politically in such a sovereignty-loving place is creating a logistical headache. according to public sector and financial industry experts Texas is the only state that owns an actual stockpile of gold, — not just gold futures or investment positions, but ap -
BlackBerry Confirms Release of Its First Android Device
Blackberry confirmed the launch of its first Android device, Priv. This news comes after months of talk and leaked images. In August, Crackberry uncovered leaked images of the device, which was known at the time by the name of Venice. If the leaked images and rumors are true, the Priv will be equipped with a slide-out keyboard.Executive Chairman and CEO John Chen said in a statement that Priv comb -
Ford Shifts Truck Production From Mexico to Ohio
The Ford Motor Company announced production of its heavy-duty trucks will shift from Mexico to Ohio, as labor negotiations enter their final month. A report last month that production of several of key Ford car lines would move from plants in Michigan to Mexican facilities got bargaining between Ford and the United Auto Workers off to a sour start. Their labor contract expires in September. Ford s -
Volkswagen Names Porsche Exec As New CEO
Volkswagen announced on Friday that it would appoint Matthias Mueller the head of its Porsche unit as its new chief executive following the departure of Martin Winterkorn in an emissions cheating scandal. "Matthias Mueller has strong strategic, corporate and social qualities," acting chairman Berthold Huber said at a news conference to announce the selection. Mueller said the company would introdu -
Imprimis Pharmaceuticals Takes On America's Most Hated Man
According to The Daily Beast, the most despised man in America has met his match. After Turing Pharmaceuticals CEO Martin Shkreli raised the price of the toxoplasmosis drug Daraprim from $13.50 to $750 a pill, it was only a matter of time before another pharmaceutical company undercut him. First, Shkreli promised to lower the price. Two weeks later he has done nothing except to return to Twitt -
Stock Markets Slide on Greek Crisis
Stock markets in Europe and Asia have seen big falls after Greece closed its banks and imposed capital controls. Greek authorities took the move after the European Central Bank decided not to extend emergency funding. London's FTSE 100 index fell more than 2% in early trade. On the currency markets, the euro had fallen to $1.0953 at one point in Asian trading from $1.1165 on Friday, but it then re -
Drought Stricken California Earning Record High Crop Revenue
Almonds, pistachios, and grapes grown for wine are responsible for California's record harvest revenue. A study published this week by the Pacific Institute has found that despite the drought, California's agricultural sector is profiting better than ever. Studying revenues from 2013 and 2014, the report determined crop revenue peaked at $34 billion in 2013, the most on record. Even though the fig -
Twitter Chief Costolo Steps Down
Dick Costolo is stepping down as chief executive of Twitter, the company has announced. The social network's co-founder Jack Dorsey will take over as interim chief on 1 July and stay until a replacement can be found, it added. Twitter's board has formed a committee to undertake the task of finding a successor. Mr Costolo said he was "tremendously proud of the Twitter team" in the statement. In Apr -
Texas Sees Growth, but Oil Will Throttle Momentum
The Dallas Federal Reserve says though job growth in Texas is expected to be strong, the low price of crude oil could throttle some of the forward momentum. The Dallas Federal Reserve found the state as a whole added 35,800 net jobs in July for the largest monthly gain so far in 2015. The so-called Beige Book published by the Dallas Federal Reserve earlier this year said the low price for crude oi -
In California, Uber Drivers Are Employees, Not Contractors
A driver for Uber in California is an employee, not a contractor. That's according to a California ruling that eventually could push up costs for the smartphone-based ride hailing service and hurt the closely watched start-up's valuation. The California Labor Commission's decision could ripple through the burgeoning industry of providing services via smartphones. It also has potential implications
Dell Keeping Competitive With EMC Deal
- Order: Reorder
- Duration: 0:45
- Updated: 12 Oct 2015
- views: 85
Dell is buying data storage company EMC in a deal valued at approximately $67 billion, making it it the largest tech acquisition in history. Shareholders of EM...
Dell is buying data storage company EMC in a deal valued at approximately $67 billion, making it it the largest tech acquisition in history. Shareholders of EMC Corp. will receive about $33.15 per share, which includes cash plus tracking stock linked to part of EMC's economic interest in the VMware business. VMware will stay an independent, publicly traded company. Michael Dell will serve as chairman and CEO of the combined business. Dell Inc.'s headquarters will stay in Round Rock, Texas.
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wn.com/Dell Keeping Competitive With Emc Deal
Dell is buying data storage company EMC in a deal valued at approximately $67 billion, making it it the largest tech acquisition in history. Shareholders of EMC Corp. will receive about $33.15 per share, which includes cash plus tracking stock linked to part of EMC's economic interest in the VMware business. VMware will stay an independent, publicly traded company. Michael Dell will serve as chairman and CEO of the combined business. Dell Inc.'s headquarters will stay in Round Rock, Texas.
http://feeds.mashable.com/~r/Mashable/~3/Y1hwgkozzZI/
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- published: 12 Oct 2015
- views: 85
Walgreens Buys Its Third Company, Rite Aid
- Order: Reorder
- Duration: 0:38
- Updated: 27 Oct 2015
- views: 1052
Walgreens has announced an agreement to acquire Rite Aid for around $17.2 billion. The deal unites two of the largest drugstore chains in the U.S. Walgreens al...
Walgreens has announced an agreement to acquire Rite Aid for around $17.2 billion. The deal unites two of the largest drugstore chains in the U.S. Walgreens already owns New York-founded Duane Reade and UK-founded Boots. Walgreens is paying $9 per share for Rite Aid, which is almost 50% higher than the company had been valued at the end of trading on Monday.
http://feeds.mashable.com/~r/Mashable/~3/QYnQgb81RBw/
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wn.com/Walgreens Buys Its Third Company, Rite Aid
Walgreens has announced an agreement to acquire Rite Aid for around $17.2 billion. The deal unites two of the largest drugstore chains in the U.S. Walgreens already owns New York-founded Duane Reade and UK-founded Boots. Walgreens is paying $9 per share for Rite Aid, which is almost 50% higher than the company had been valued at the end of trading on Monday.
http://feeds.mashable.com/~r/Mashable/~3/QYnQgb81RBw/
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- published: 27 Oct 2015
- views: 1052
United Airlines CEO Quits Amid Airports Probe
- Order: Reorder
- Duration: 0:42
- Updated: 08 Sep 2015
- views: 2
United Airlines is out a chairman and CEO in connection with an investigation into their dealings with the agency responsible for operating New York airports.
T...
United Airlines is out a chairman and CEO in connection with an investigation into their dealings with the agency responsible for operating New York airports.
The company announced Tuesday that Jeff Smisek has resigned.
The executive vice president of communications and government affairs and the senior vice president of corporate and government affairs have also resigned.
The company did not elaborate on Smisek's exit.
Earlier this year United announced an internal investigation into their corporate dealings with the Port Authority.
They added at the same time that certain executives had received subpoenas from a federal grand jury.
http://feeds.nbcnews.com/c/35002/f/663303/s/49adbf02/sc/10/l/0L0Snbcnews0N0Cbusiness0Cbusiness0Enews0Cunited0Eairlines0Eceo0Equits0Eamid0Eprobe0Einvolving0Eex0En0Ey0En423726/story01.htm
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wn.com/United Airlines Ceo Quits Amid Airports Probe
United Airlines is out a chairman and CEO in connection with an investigation into their dealings with the agency responsible for operating New York airports.
The company announced Tuesday that Jeff Smisek has resigned.
The executive vice president of communications and government affairs and the senior vice president of corporate and government affairs have also resigned.
The company did not elaborate on Smisek's exit.
Earlier this year United announced an internal investigation into their corporate dealings with the Port Authority.
They added at the same time that certain executives had received subpoenas from a federal grand jury.
http://feeds.nbcnews.com/c/35002/f/663303/s/49adbf02/sc/10/l/0L0Snbcnews0N0Cbusiness0Cbusiness0Enews0Cunited0Eairlines0Eceo0Equits0Eamid0Eprobe0Einvolving0Eex0En0Ey0En423726/story01.htm
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- published: 08 Sep 2015
- views: 2
Daily Fantasy Sports Head To Court
- Order: Reorder
- Duration: 0:41
- Updated: 24 Nov 2015
- views: 227
Failed protests aside, Daily fantasy sports are still going to court in New York. Prominent sites Fanduel And Draft Kings will make their case in front of a jud...
Failed protests aside, Daily fantasy sports are still going to court in New York. Prominent sites Fanduel And Draft Kings will make their case in front of a judge tomorrow ahead of next year's expected trial. Both fantasy giants are being sued by New York Attorney General Eric Schneiderman, who claims the sites are just more forms of gambling instead of games of skill, as many are led to believe. In an op-ed last week, the attorney general called Fanduel and draft kings "massive, illegal gambling operations." He went on to state "this is what bookies do, and it is illegal"
http://www.wired.com/2015/11/fanduel-and-draftkings-head-to-court-as-unicorn-fantasies-falter/
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wn.com/Daily Fantasy Sports Head To Court
Failed protests aside, Daily fantasy sports are still going to court in New York. Prominent sites Fanduel And Draft Kings will make their case in front of a judge tomorrow ahead of next year's expected trial. Both fantasy giants are being sued by New York Attorney General Eric Schneiderman, who claims the sites are just more forms of gambling instead of games of skill, as many are led to believe. In an op-ed last week, the attorney general called Fanduel and draft kings "massive, illegal gambling operations." He went on to state "this is what bookies do, and it is illegal"
http://www.wired.com/2015/11/fanduel-and-draftkings-head-to-court-as-unicorn-fantasies-falter/
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- published: 24 Nov 2015
- views: 227
FanDuel, DraftKings Face Off Against NY Attorney General
- Order: Reorder
- Duration: 0:50
- Updated: 16 Nov 2015
- views: 38
New York Attorney General Eric Schneiderman who ordered industry giants DraftKings and FanDuel this past week to stop accepting play from New Yorkers saying the...
New York Attorney General Eric Schneiderman who ordered industry giants DraftKings and FanDuel this past week to stop accepting play from New Yorkers saying their business amounts to illegal gambling. The Democrat told The Associated Press in an interview this past week, "One of the amazing things about this job is: We can go from anti-trust law to busting up a gun-trafficking enterprise in the same day." Still, some question whether Schneiderman's moves are as much about profile-building as protecting the public. His two immediate predecessors in the attorney general's job have moved on to the governor's office. Schneiderman says the answer is simple: New York law bans taking bets as a business, with exceptions for horse racing, casinos, state lotteries and certain other settings, but not daily fantasy sports sites.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-11-16-US-Daily-Fantasy-Sports-NY-Attorney-General/id-acc6f0c5e7c14b61b6dba618fbc9bad8
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wn.com/Fanduel, Draftkings Face Off Against NY Attorney General
New York Attorney General Eric Schneiderman who ordered industry giants DraftKings and FanDuel this past week to stop accepting play from New Yorkers saying their business amounts to illegal gambling. The Democrat told The Associated Press in an interview this past week, "One of the amazing things about this job is: We can go from anti-trust law to busting up a gun-trafficking enterprise in the same day." Still, some question whether Schneiderman's moves are as much about profile-building as protecting the public. His two immediate predecessors in the attorney general's job have moved on to the governor's office. Schneiderman says the answer is simple: New York law bans taking bets as a business, with exceptions for horse racing, casinos, state lotteries and certain other settings, but not daily fantasy sports sites.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-11-16-US-Daily-Fantasy-Sports-NY-Attorney-General/id-acc6f0c5e7c14b61b6dba618fbc9bad8
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- published: 16 Nov 2015
- views: 38
New Hampshire Governor Blocks Baby Pictures on Beer Bottles
- Order: Reorder
- Duration: 1:01
- Updated: 02 Jun 2015
- views: 4
Sorry, baby, your picture isn't going to be on the front of any beer bottles in New Hampshire. Democratic Gov. Maggie Hassan on Tuesday vetoed a measure that wo...
Sorry, baby, your picture isn't going to be on the front of any beer bottles in New Hampshire. Democratic Gov. Maggie Hassan on Tuesday vetoed a measure that would have allowed some images of minors to grace alcoholic beverage labels as long as they didn't encourage young people to drink. Keith Murphy, who runs a popular tavern, sponsored the bill because he wanted to be able to buy Breakfast Stout, crafted by Founders Brewery Co. in Grand Rapids, Michigan. The beer's label depicts a chubby, Norman Rockwell-esque baby scooping oatmeal into his mouth. Hassan said allowing the images could undermine the state's efforts to fight underage drinking. Murphy said the veto is an overreach and noted that neighboring Massachusetts, Maine and Vermont sell the beer. He also pointed out that a New Hampshire-produced craft beer, Smuttynose Baltic Porter, would have to come off the shelves because its label shows Father Time and a baby.
http://hosted2.ap.org/APDEFAULT/aa9398e6757a46fa93ed5dea7bd3729e/Article_2015-06-02-US-ODD-Beer-and-Babies/id-63a6f4017830479e8eed9a7ced231bd2
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wn.com/New Hampshire Governor Blocks Baby Pictures On Beer Bottles
Sorry, baby, your picture isn't going to be on the front of any beer bottles in New Hampshire. Democratic Gov. Maggie Hassan on Tuesday vetoed a measure that would have allowed some images of minors to grace alcoholic beverage labels as long as they didn't encourage young people to drink. Keith Murphy, who runs a popular tavern, sponsored the bill because he wanted to be able to buy Breakfast Stout, crafted by Founders Brewery Co. in Grand Rapids, Michigan. The beer's label depicts a chubby, Norman Rockwell-esque baby scooping oatmeal into his mouth. Hassan said allowing the images could undermine the state's efforts to fight underage drinking. Murphy said the veto is an overreach and noted that neighboring Massachusetts, Maine and Vermont sell the beer. He also pointed out that a New Hampshire-produced craft beer, Smuttynose Baltic Porter, would have to come off the shelves because its label shows Father Time and a baby.
http://hosted2.ap.org/APDEFAULT/aa9398e6757a46fa93ed5dea7bd3729e/Article_2015-06-02-US-ODD-Beer-and-Babies/id-63a6f4017830479e8eed9a7ced231bd2
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- published: 02 Jun 2015
- views: 4
US Employers Added 173,000 Jobs in August
- Order: Reorder
- Duration: 0:55
- Updated: 04 Sep 2015
- views: 1
The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in decid...
The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month. The Labor Department said Friday that the jobless rate fell to 5.1 percent — a level consistent with a normal economy and the lowest since April 2008 — from 5.3 percent in July. Though hiring in August was the slowest in five months, the government revised up job growth for June and July by a combined 44,000. From June through August, the economy added a robust 221,000 jobs a month, up from an average of 189,000 from March through May.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-09-04-US--Economy/id-ee4137f9e08d4b338e9165a2197cac46
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wn.com/US Employers Added 173,000 Jobs In August
The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month. The Labor Department said Friday that the jobless rate fell to 5.1 percent — a level consistent with a normal economy and the lowest since April 2008 — from 5.3 percent in July. Though hiring in August was the slowest in five months, the government revised up job growth for June and July by a combined 44,000. From June through August, the economy added a robust 221,000 jobs a month, up from an average of 189,000 from March through May.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-09-04-US--Economy/id-ee4137f9e08d4b338e9165a2197cac46
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- published: 04 Sep 2015
- views: 1
Here We Go Again: Stock Futures Sharply Lower
- Order: Reorder
- Duration: 0:39
- Updated: 01 Sep 2015
- views: 4
Stock futures predicted another sell-off at the opening bell on Wall Street on Tuesday after more data in China pointed to a sharp slowdown in the world's No. 2...
Stock futures predicted another sell-off at the opening bell on Wall Street on Tuesday after more data in China pointed to a sharp slowdown in the world's No. 2 economy. Dow Jones industrial average futures were down 300 points. The Dow lost 6.6 percent of its value in August, making it the worst month for U.S. stocks in three years. That included extreme volatility last week: On Monday, the Dow plunged almost 1,100 points in six minutes at the start of trading.
http://feeds.nbcnews.com/c/35002/f/663303/s/49791c4c/sc/24/l/0L0Snbcnews0N0Cbusiness0Cmarkets0Cstock0Emarket0Eturmoil0Efutures0Esharply0Elower0Eafter0Emore0Esigns0Echina0En419341/story01.htm
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wn.com/Here We Go Again Stock Futures Sharply Lower
Stock futures predicted another sell-off at the opening bell on Wall Street on Tuesday after more data in China pointed to a sharp slowdown in the world's No. 2 economy. Dow Jones industrial average futures were down 300 points. The Dow lost 6.6 percent of its value in August, making it the worst month for U.S. stocks in three years. That included extreme volatility last week: On Monday, the Dow plunged almost 1,100 points in six minutes at the start of trading.
http://feeds.nbcnews.com/c/35002/f/663303/s/49791c4c/sc/24/l/0L0Snbcnews0N0Cbusiness0Cmarkets0Cstock0Emarket0Eturmoil0Efutures0Esharply0Elower0Eafter0Emore0Esigns0Echina0En419341/story01.htm
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- published: 01 Sep 2015
- views: 4
Starbucks Just Killed Their Lines With Its App
- Order: Reorder
- Duration: 0:46
- Updated: 22 Sep 2015
- views: 314
If you hate waiting in line, and maybe don’t like your coffee too hot, does Starbucks have a feature for you: The coffee roaster announced Tuesday that it is ma...
If you hate waiting in line, and maybe don’t like your coffee too hot, does Starbucks have a feature for you: The coffee roaster announced Tuesday that it is making mobile ordering from its smartphone app available at most of its stores nationwide. Here’s how it works: Opening the app shows a a map view highlighting where advanced ordering is available Once you choose the store, a menu appears that will allow you to choose your order The app will then show the estimated timeframe the order will be ready It seems to work: The feature was first tested in Portland this past December, then was expanded to Pacific Northwest locations this spring.
http://fusion.net/story/201486/how-starbucks-app-works/?utm_source=rss&utm;_medium=feed&utm;_campaign=/feed/
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wn.com/Starbucks Just Killed Their Lines With Its App
If you hate waiting in line, and maybe don’t like your coffee too hot, does Starbucks have a feature for you: The coffee roaster announced Tuesday that it is making mobile ordering from its smartphone app available at most of its stores nationwide. Here’s how it works: Opening the app shows a a map view highlighting where advanced ordering is available Once you choose the store, a menu appears that will allow you to choose your order The app will then show the estimated timeframe the order will be ready It seems to work: The feature was first tested in Portland this past December, then was expanded to Pacific Northwest locations this spring.
http://fusion.net/story/201486/how-starbucks-app-works/?utm_source=rss&utm;_medium=feed&utm;_campaign=/feed/
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- published: 22 Sep 2015
- views: 314
Twitter Taps Jack Dorsey Permanent CEO
- Order: Reorder
- Duration: 0:49
- Updated: 05 Oct 2015
- views: 110
Twitter named co-founder and interim Chief Executive Jack Dorsey as its permanent CEO, ending months of speculation about who would take the reins at the compan...
Twitter named co-founder and interim Chief Executive Jack Dorsey as its permanent CEO, ending months of speculation about who would take the reins at the company. Dorsey will remain head of the fast-growing mobile payments company, Square, which he also co-founded, potentially setting up conflicts of interest. Twitter had previously said the CEO job would be a full-time position, which seemed to exclude Dorsey if he continued to run Square. Some investors had expressed concerns about whether Dorsey could run both Twitter and Square, which is expected to go public later this year. Twitter's second-quarter monthly average users grew at the slowest pace since the company went public in 2013.
http://feeds.reuters.com/~r/reuters/topNews/~3/_W-rTGss4ks/story01.htm
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wn.com/Twitter Taps Jack Dorsey Permanent Ceo
Twitter named co-founder and interim Chief Executive Jack Dorsey as its permanent CEO, ending months of speculation about who would take the reins at the company. Dorsey will remain head of the fast-growing mobile payments company, Square, which he also co-founded, potentially setting up conflicts of interest. Twitter had previously said the CEO job would be a full-time position, which seemed to exclude Dorsey if he continued to run Square. Some investors had expressed concerns about whether Dorsey could run both Twitter and Square, which is expected to go public later this year. Twitter's second-quarter monthly average users grew at the slowest pace since the company went public in 2013.
http://feeds.reuters.com/~r/reuters/topNews/~3/_W-rTGss4ks/story01.htm
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- published: 05 Oct 2015
- views: 110
Volkswagen Shares Plunge Due to Emissions Scandal
- Order: Reorder
- Duration: 0:50
- Updated: 22 Sep 2015
- views: 247
Volkswagen shares plunged by nearly 20 percent on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the Unit...
Volkswagen shares plunged by nearly 20 percent on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the United States, and U.S. authorities said they would widen the probe to other automakers. German officials, alarmed at the potential damage the scandal could inflict on its car industry, urged Volkswagen to fully clear up the matter and said it would investigate whether emissions data had also been falsified in Europe. The U.S. Environmental Protection Agency said on Friday that Volkswagen, the world's biggest carmaker by sales, used software that deceived regulators measuring toxic emissions and could face penalties of up to $18 billion.
http://feeds.reuters.com/~r/reuters/topNews/~3/uYTU8k0OMGY/story01.htm
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wn.com/Volkswagen Shares Plunge Due To Emissions Scandal
Volkswagen shares plunged by nearly 20 percent on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the United States, and U.S. authorities said they would widen the probe to other automakers. German officials, alarmed at the potential damage the scandal could inflict on its car industry, urged Volkswagen to fully clear up the matter and said it would investigate whether emissions data had also been falsified in Europe. The U.S. Environmental Protection Agency said on Friday that Volkswagen, the world's biggest carmaker by sales, used software that deceived regulators measuring toxic emissions and could face penalties of up to $18 billion.
http://feeds.reuters.com/~r/reuters/topNews/~3/uYTU8k0OMGY/story01.htm
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- published: 22 Sep 2015
- views: 247
Volkswagen CEO Steps Down, Takes Responsibility For Scandal
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- Duration: 0:44
- Updated: 23 Sep 2015
- views: 4
Volkswagen CEO Martin Winterkorn resigned Wednesday, days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests d...
Volkswagen CEO Martin Winterkorn resigned Wednesday, days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests during his tenure. No replacement was announced and VW still has no easy exit from a scandal that has suddenly dented a reputation for trustworthiness that took decades to build. The smog-test trickery has wiped out billions in VW's market value and raised the specter of criminal investigations and billions more in fines. Winterkorn took responsibility for the "irregularities" found by U.S. inspectors in VW's diesel engines, but insisted he had personally done nothing wrong.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-09-23-Volkswagen/id-6c6a22d68db64ad694f34db187a18203
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wn.com/Volkswagen Ceo Steps Down, Takes Responsibility For Scandal
Volkswagen CEO Martin Winterkorn resigned Wednesday, days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests during his tenure. No replacement was announced and VW still has no easy exit from a scandal that has suddenly dented a reputation for trustworthiness that took decades to build. The smog-test trickery has wiped out billions in VW's market value and raised the specter of criminal investigations and billions more in fines. Winterkorn took responsibility for the "irregularities" found by U.S. inspectors in VW's diesel engines, but insisted he had personally done nothing wrong.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-09-23-Volkswagen/id-6c6a22d68db64ad694f34db187a18203
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- published: 23 Sep 2015
- views: 4
Apple Hints at Strong Watch Sales After Shares Sink
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- Duration: 0:48
- Updated: 21 Jul 2015
- views: 80
Apple beat analysts’ expectations for its second quarter on Tuesday but its shares dived in after-hours stock trading, as investors seemed disappointed by the r...
Apple beat analysts’ expectations for its second quarter on Tuesday but its shares dived in after-hours stock trading, as investors seemed disappointed by the results and a lack of fireworks over Apple Watch sales figures.
If there’s one thing Apple told investors clearly, it’s that the iPhone is still the cornerstone to the success of the Apple Empire. And the watch? Unknown. The company gave no solid sales figures although chief executive Tim Cook suggested it was already a $1 billion business and told analysts the possibilities for the watch were “enormous”.
http://www.theguardian.com/technology/2015/jul/21/apple-quarterly-results-watch-sales
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wn.com/Apple Hints At Strong Watch Sales After Shares Sink
Apple beat analysts’ expectations for its second quarter on Tuesday but its shares dived in after-hours stock trading, as investors seemed disappointed by the results and a lack of fireworks over Apple Watch sales figures.
If there’s one thing Apple told investors clearly, it’s that the iPhone is still the cornerstone to the success of the Apple Empire. And the watch? Unknown. The company gave no solid sales figures although chief executive Tim Cook suggested it was already a $1 billion business and told analysts the possibilities for the watch were “enormous”.
http://www.theguardian.com/technology/2015/jul/21/apple-quarterly-results-watch-sales
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- published: 21 Jul 2015
- views: 80
Texas Wants Its Gold Back Inside the State's Borders
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- Duration: 1:01
- Updated: 04 Jul 2015
- views: 153
Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdings within in its own borders. But what makes sense politically in suc...
Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdings within in its own borders. But what makes sense politically in such a sovereignty-loving place is creating a logistical headache. according to public sector and financial industry experts Texas is the only state that owns an actual stockpile of gold, — not just gold futures or investment positions, but approximately 5,600 gold bars worth around $650 million. The holdings, stored at a New York bank, for some recall century-old fears about the security of currency not backed by shiny bullion. The Legislature's decision this summer to bring its gold cache home was hailed by many conservatives, and even some on the far left, who are suspicious of national government.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-07-04-US-Texas-Gold/id-9a4268965dbf4eb78cf899b708c9371c
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wn.com/Texas Wants Its Gold Back Inside The State's Borders
Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdings within in its own borders. But what makes sense politically in such a sovereignty-loving place is creating a logistical headache. according to public sector and financial industry experts Texas is the only state that owns an actual stockpile of gold, — not just gold futures or investment positions, but approximately 5,600 gold bars worth around $650 million. The holdings, stored at a New York bank, for some recall century-old fears about the security of currency not backed by shiny bullion. The Legislature's decision this summer to bring its gold cache home was hailed by many conservatives, and even some on the far left, who are suspicious of national government.
http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2015-07-04-US-Texas-Gold/id-9a4268965dbf4eb78cf899b708c9371c
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- published: 04 Jul 2015
- views: 153
BlackBerry Confirms Release of Its First Android Device
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- Duration: 0:53
- Updated: 25 Sep 2015
- views: 195
Blackberry confirmed the launch of its first Android device, Priv. This news comes after months of talk and leaked images. In August, Crackberry uncovered leake...
Blackberry confirmed the launch of its first Android device, Priv. This news comes after months of talk and leaked images. In August, Crackberry uncovered leaked images of the device, which was known at the time by the name of Venice. If the leaked images and rumors are true, the Priv will be equipped with a slide-out keyboard.Executive Chairman and CEO John Chen said in a statement that Priv combines the security of Blackberry with the flexibility of the Android platform.This release is part of an effort to support Android for Work on BES12. This system manages mobility across different operating systems like Android, iOS and Windows.
http://feeds.mashable.com/~r/Mashable/~3/eZMmYDI4TBo/
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wn.com/Blackberry Confirms Release Of Its First Android Device
Blackberry confirmed the launch of its first Android device, Priv. This news comes after months of talk and leaked images. In August, Crackberry uncovered leaked images of the device, which was known at the time by the name of Venice. If the leaked images and rumors are true, the Priv will be equipped with a slide-out keyboard.Executive Chairman and CEO John Chen said in a statement that Priv combines the security of Blackberry with the flexibility of the Android platform.This release is part of an effort to support Android for Work on BES12. This system manages mobility across different operating systems like Android, iOS and Windows.
http://feeds.mashable.com/~r/Mashable/~3/eZMmYDI4TBo/
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- published: 25 Sep 2015
- views: 195
Ford Shifts Truck Production From Mexico to Ohio
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- Duration: 0:51
- Updated: 12 Aug 2015
- views: 10
The Ford Motor Company announced production of its heavy-duty trucks will shift from Mexico to Ohio, as labor negotiations enter their final month. A report las...
The Ford Motor Company announced production of its heavy-duty trucks will shift from Mexico to Ohio, as labor negotiations enter their final month. A report last month that production of several of key Ford car lines would move from plants in Michigan to Mexican facilities got bargaining between Ford and the United Auto Workers off to a sour start. Their labor contract expires in September. Ford said production of redesigned F-650 and F-750 trucks will go the Avon Lake, Ohio, plant, adding it would secure 1,000 UAW jobs. The plant, near Cleveland, is among the largest employers in Lorain County, Ohio. The company added it will invest $168 million in upgrades to the facility.
http://www.upi.com/Business_News/2015/08/12/Ford-to-shift-truck-production-from-Mexico-to-Ohio/1261439401894/
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wn.com/Ford Shifts Truck Production From Mexico To Ohio
The Ford Motor Company announced production of its heavy-duty trucks will shift from Mexico to Ohio, as labor negotiations enter their final month. A report last month that production of several of key Ford car lines would move from plants in Michigan to Mexican facilities got bargaining between Ford and the United Auto Workers off to a sour start. Their labor contract expires in September. Ford said production of redesigned F-650 and F-750 trucks will go the Avon Lake, Ohio, plant, adding it would secure 1,000 UAW jobs. The plant, near Cleveland, is among the largest employers in Lorain County, Ohio. The company added it will invest $168 million in upgrades to the facility.
http://www.upi.com/Business_News/2015/08/12/Ford-to-shift-truck-production-from-Mexico-to-Ohio/1261439401894/
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- published: 12 Aug 2015
- views: 10
Volkswagen Names Porsche Exec As New CEO
- Order: Reorder
- Duration: 0:50
- Updated: 25 Sep 2015
- views: 71
Volkswagen announced on Friday that it would appoint Matthias Mueller the head of its Porsche unit as its new chief executive following the departure of Martin ...
Volkswagen announced on Friday that it would appoint Matthias Mueller the head of its Porsche unit as its new chief executive following the departure of Martin Winterkorn in an emissions cheating scandal. "Matthias Mueller has strong strategic, corporate and social qualities," acting chairman Berthold Huber said at a news conference to announce the selection. Mueller said the company would introduce "even tougher compliance rules" and pledged to make VW "an even stronger company." An EPA complaint last week accused Volkswagen of surreptitiously equipping diesel vehicles with software designed to detect when they were undergoing emissions testing.
http://feeds.nbcnews.com/c/35002/f/663303/s/4a2bb219/sc/24/l/0L0Snbcnews0N0Cbusiness0Cautos0Cvolkswagen0Enames0Eporsche0Eexec0Enew0Eman0Ebehind0Ewheel0En433821/story01.htm
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wn.com/Volkswagen Names Porsche Exec As New Ceo
Volkswagen announced on Friday that it would appoint Matthias Mueller the head of its Porsche unit as its new chief executive following the departure of Martin Winterkorn in an emissions cheating scandal. "Matthias Mueller has strong strategic, corporate and social qualities," acting chairman Berthold Huber said at a news conference to announce the selection. Mueller said the company would introduce "even tougher compliance rules" and pledged to make VW "an even stronger company." An EPA complaint last week accused Volkswagen of surreptitiously equipping diesel vehicles with software designed to detect when they were undergoing emissions testing.
http://feeds.nbcnews.com/c/35002/f/663303/s/4a2bb219/sc/24/l/0L0Snbcnews0N0Cbusiness0Cautos0Cvolkswagen0Enames0Eporsche0Eexec0Enew0Eman0Ebehind0Ewheel0En433821/story01.htm
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- published: 25 Sep 2015
- views: 71
Imprimis Pharmaceuticals Takes On America's Most Hated Man
- Order: Reorder
- Duration: 1:19
- Updated: 23 Oct 2015
- views: 1037
According to The Daily Beast, the most despised man in America has met his match. After Turing Pharmaceuticals CEO Martin Shkreli raised the price of the toxop...
According to The Daily Beast, the most despised man in America has met his match. After Turing Pharmaceuticals CEO Martin Shkreli raised the price of the toxoplasmosis drug Daraprim from $13.50 to $750 a pill, it was only a matter of time before another pharmaceutical company undercut him. First, Shkreli promised to lower the price. Two weeks later he has done nothing except to return to Twitter to tell his critics that the process “takes time.” Well, time’s up. San-Diego based Imprimis Pharmaceuticals has announced that it will create a Daraprim alternative using its active ingredients—pyrimethamine and leucovorin—and sell it for just under $1 a pill. Never one to stay silent for long, Shkreli has already mouthed off to press about his new competition. Shkreli said Friday in an interview with Fox Business. "It’s not a threat to us. I think that it’s a publicity stunt. I wish this company the best of luck but I have faith in our team and our competitive standpoint.”
http://feedproxy.google.com/~r/thedailybeast/articles/~3/vuzuH7py7pI/hiv-hero-takes-on-price-gouging-pharma-bro.html
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wn.com/Imprimis Pharmaceuticals Takes On America's Most Hated Man
According to The Daily Beast, the most despised man in America has met his match. After Turing Pharmaceuticals CEO Martin Shkreli raised the price of the toxoplasmosis drug Daraprim from $13.50 to $750 a pill, it was only a matter of time before another pharmaceutical company undercut him. First, Shkreli promised to lower the price. Two weeks later he has done nothing except to return to Twitter to tell his critics that the process “takes time.” Well, time’s up. San-Diego based Imprimis Pharmaceuticals has announced that it will create a Daraprim alternative using its active ingredients—pyrimethamine and leucovorin—and sell it for just under $1 a pill. Never one to stay silent for long, Shkreli has already mouthed off to press about his new competition. Shkreli said Friday in an interview with Fox Business. "It’s not a threat to us. I think that it’s a publicity stunt. I wish this company the best of luck but I have faith in our team and our competitive standpoint.”
http://feedproxy.google.com/~r/thedailybeast/articles/~3/vuzuH7py7pI/hiv-hero-takes-on-price-gouging-pharma-bro.html
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- published: 23 Oct 2015
- views: 1037
Stock Markets Slide on Greek Crisis
- Order: Reorder
- Duration: 0:48
- Updated: 29 Jun 2015
- views: 19
Stock markets in Europe and Asia have seen big falls after Greece closed its banks and imposed capital controls.
Greek authorities took the move after the Europ...
Stock markets in Europe and Asia have seen big falls after Greece closed its banks and imposed capital controls.
Greek authorities took the move after the European Central Bank decided not to extend emergency funding.
London's FTSE 100 index fell more than 2% in early trade. On the currency markets, the euro had fallen to $1.0953 at one point in Asian trading from $1.1165 on Friday, but it then recovered some ground.
Last week, talks between Greece and the eurozone countries over bailout terms ended without an agreement, and Prime Minister Alexis Tsipras then called for a referendum on the issue to be held on 5 July.
http://www.bbc.co.uk/news/business-33307810#sa-ns_mchannel=rss&ns;_source=PublicRSS20-sa
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wn.com/Stock Markets Slide On Greek Crisis
Stock markets in Europe and Asia have seen big falls after Greece closed its banks and imposed capital controls.
Greek authorities took the move after the European Central Bank decided not to extend emergency funding.
London's FTSE 100 index fell more than 2% in early trade. On the currency markets, the euro had fallen to $1.0953 at one point in Asian trading from $1.1165 on Friday, but it then recovered some ground.
Last week, talks between Greece and the eurozone countries over bailout terms ended without an agreement, and Prime Minister Alexis Tsipras then called for a referendum on the issue to be held on 5 July.
http://www.bbc.co.uk/news/business-33307810#sa-ns_mchannel=rss&ns;_source=PublicRSS20-sa
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- published: 29 Jun 2015
- views: 19
Drought Stricken California Earning Record High Crop Revenue
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- Duration: 0:56
- Updated: 27 Aug 2015
- views: 28
Almonds, pistachios, and grapes grown for wine are responsible for California's record harvest revenue.
A study published this week by the Pacific Institute has...
Almonds, pistachios, and grapes grown for wine are responsible for California's record harvest revenue.
A study published this week by the Pacific Institute has found that despite the drought, California's agricultural sector is profiting better than ever.
Studying revenues from 2013 and 2014, the report determined crop revenue peaked at $34 billion in 2013, the most on record.
Even though the figure declined slightly for 2014, last year is California's second most profitable year for crops.
However, agricultural output accounts for 80% of California’s water use.
Meaning the golden state's output of pistachios, almonds, and by proxy wine are built upon an unstable foundation.
The report concluded that the record harvests were catalyzed by a massive but unsustainable pumping of groundwater.
http://fusion.net/story/189826/california-record-harvest-due-to-excessive-groundwater-use/?utm_source=rss&utm;_medium=feed&utm;_campaign=/feed/
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wn.com/Drought Stricken California Earning Record High Crop Revenue
Almonds, pistachios, and grapes grown for wine are responsible for California's record harvest revenue.
A study published this week by the Pacific Institute has found that despite the drought, California's agricultural sector is profiting better than ever.
Studying revenues from 2013 and 2014, the report determined crop revenue peaked at $34 billion in 2013, the most on record.
Even though the figure declined slightly for 2014, last year is California's second most profitable year for crops.
However, agricultural output accounts for 80% of California’s water use.
Meaning the golden state's output of pistachios, almonds, and by proxy wine are built upon an unstable foundation.
The report concluded that the record harvests were catalyzed by a massive but unsustainable pumping of groundwater.
http://fusion.net/story/189826/california-record-harvest-due-to-excessive-groundwater-use/?utm_source=rss&utm;_medium=feed&utm;_campaign=/feed/
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- published: 27 Aug 2015
- views: 28
Twitter Chief Costolo Steps Down
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- Duration: 0:45
- Updated: 11 Jun 2015
- views: 0
Dick Costolo is stepping down as chief executive of Twitter, the company has announced.
The social network's co-founder Jack Dorsey will take over as interim ch...
Dick Costolo is stepping down as chief executive of Twitter, the company has announced.
The social network's co-founder Jack Dorsey will take over as interim chief on 1 July and stay until a replacement can be found, it added.
Twitter's board has formed a committee to undertake the task of finding a successor.
Mr Costolo said he was "tremendously proud of the Twitter team" in the statement.
In April, the firm missed Wall Street's forecasts for revenue growth and posted a net loss of $162m (£104m).
http://www.bbc.co.uk/news/business-33103860#sa-ns_mchannel=rss&ns;_source=PublicRSS20-sa
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wn.com/Twitter Chief Costolo Steps Down
Dick Costolo is stepping down as chief executive of Twitter, the company has announced.
The social network's co-founder Jack Dorsey will take over as interim chief on 1 July and stay until a replacement can be found, it added.
Twitter's board has formed a committee to undertake the task of finding a successor.
Mr Costolo said he was "tremendously proud of the Twitter team" in the statement.
In April, the firm missed Wall Street's forecasts for revenue growth and posted a net loss of $162m (£104m).
http://www.bbc.co.uk/news/business-33103860#sa-ns_mchannel=rss&ns;_source=PublicRSS20-sa
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- published: 11 Jun 2015
- views: 0
Texas Sees Growth, but Oil Will Throttle Momentum
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- Duration: 1:01
- Updated: 24 Aug 2015
- views: 29
The Dallas Federal Reserve says though job growth in Texas is expected to be strong, the low price of crude oil could throttle some of the forward momentum.
The...
The Dallas Federal Reserve says though job growth in Texas is expected to be strong, the low price of crude oil could throttle some of the forward momentum.
The Dallas Federal Reserve found the state as a whole added 35,800 net jobs in July for the largest monthly gain so far in 2015.
The so-called Beige Book published by the Dallas Federal Reserve earlier this year said the low price for crude oil is hurting the state's oil sector. While most firms surveyed by the bank said they'd be able to weather the storm, the slump should continue through the year.
In its latest statement, the Dallas Fed said job growth through July was at an annualized 1.3 percent, compared with a 3.6 percent growth rate for 2014.
http://www.upi.com/Business_News/Energy-Resources/2015/08/24/Texas-sees-growth-but-oil-will-throttle-momentum/3511440411444/
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wn.com/Texas Sees Growth, But Oil Will Throttle Momentum
The Dallas Federal Reserve says though job growth in Texas is expected to be strong, the low price of crude oil could throttle some of the forward momentum.
The Dallas Federal Reserve found the state as a whole added 35,800 net jobs in July for the largest monthly gain so far in 2015.
The so-called Beige Book published by the Dallas Federal Reserve earlier this year said the low price for crude oil is hurting the state's oil sector. While most firms surveyed by the bank said they'd be able to weather the storm, the slump should continue through the year.
In its latest statement, the Dallas Fed said job growth through July was at an annualized 1.3 percent, compared with a 3.6 percent growth rate for 2014.
http://www.upi.com/Business_News/Energy-Resources/2015/08/24/Texas-sees-growth-but-oil-will-throttle-momentum/3511440411444/
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- published: 24 Aug 2015
- views: 29
In California, Uber Drivers Are Employees, Not Contractors
- Order: Reorder
- Duration: 0:49
- Updated: 18 Jun 2015
- views: 35
A driver for Uber in California is an employee, not a contractor. That's according to a California ruling that eventually could push up costs for the smartphone...
A driver for Uber in California is an employee, not a contractor. That's according to a California ruling that eventually could push up costs for the smartphone-based ride hailing service and hurt the closely watched start-up's valuation. The California Labor Commission's decision could ripple through the burgeoning industry of providing services via smartphones. It also has potential implications for other “crowdsourced” services such as Uber rival Lyft, chore service TaskRabbit, and cleaning service Homejoy. The ruling - which Uber insisted applied to only one driver, Barbara Ann Berwick--was the latest in a series of legal and regulatory challenges facing the company and other highly valued start-ups in the United States and other countries.
http://feeds.reuters.com/~r/Reuters/domesticNews/~3/Vipf2gBa_EY/story01.htm
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wn.com/In California, Uber Drivers Are Employees, Not Contractors
A driver for Uber in California is an employee, not a contractor. That's according to a California ruling that eventually could push up costs for the smartphone-based ride hailing service and hurt the closely watched start-up's valuation. The California Labor Commission's decision could ripple through the burgeoning industry of providing services via smartphones. It also has potential implications for other “crowdsourced” services such as Uber rival Lyft, chore service TaskRabbit, and cleaning service Homejoy. The ruling - which Uber insisted applied to only one driver, Barbara Ann Berwick--was the latest in a series of legal and regulatory challenges facing the company and other highly valued start-ups in the United States and other countries.
http://feeds.reuters.com/~r/Reuters/domesticNews/~3/Vipf2gBa_EY/story01.htm
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- published: 18 Jun 2015
- views: 35
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0:45
Dell Keeping Competitive With EMC Deal
Dell is buying data storage company EMC in a deal valued at approximately $67 billion, mak...
published: 12 Oct 2015
Dell Keeping Competitive With EMC Deal
Dell Keeping Competitive With EMC Deal
- published: 12 Oct 2015
- views: 85
0:38
Walgreens Buys Its Third Company, Rite Aid
Walgreens has announced an agreement to acquire Rite Aid for around $17.2 billion. The dea...
published: 27 Oct 2015
Walgreens Buys Its Third Company, Rite Aid
Walgreens Buys Its Third Company, Rite Aid
- published: 27 Oct 2015
- views: 1052
0:42
United Airlines CEO Quits Amid Airports Probe
United Airlines is out a chairman and CEO in connection with an investigation into their d...
published: 08 Sep 2015
United Airlines CEO Quits Amid Airports Probe
United Airlines CEO Quits Amid Airports Probe
- published: 08 Sep 2015
- views: 2
0:41
Daily Fantasy Sports Head To Court
Failed protests aside, Daily fantasy sports are still going to court in New York. Prominen...
published: 24 Nov 2015
Daily Fantasy Sports Head To Court
Daily Fantasy Sports Head To Court
- published: 24 Nov 2015
- views: 227
0:50
FanDuel, DraftKings Face Off Against NY Attorney General
New York Attorney General Eric Schneiderman who ordered industry giants DraftKings and Fan...
published: 16 Nov 2015
FanDuel, DraftKings Face Off Against NY Attorney General
FanDuel, DraftKings Face Off Against NY Attorney General
- published: 16 Nov 2015
- views: 38
1:01
New Hampshire Governor Blocks Baby Pictures on Beer Bottles
Sorry, baby, your picture isn't going to be on the front of any beer bottles in New Hampsh...
published: 02 Jun 2015
New Hampshire Governor Blocks Baby Pictures on Beer Bottles
New Hampshire Governor Blocks Baby Pictures on Beer Bottles
- published: 02 Jun 2015
- views: 4
0:55
US Employers Added 173,000 Jobs in August
The U.S. unemployment rate fell to a seven-year low in August as employers added a modest ...
published: 04 Sep 2015
US Employers Added 173,000 Jobs in August
US Employers Added 173,000 Jobs in August
- published: 04 Sep 2015
- views: 1
0:39
Here We Go Again: Stock Futures Sharply Lower
Stock futures predicted another sell-off at the opening bell on Wall Street on Tuesday aft...
published: 01 Sep 2015
Here We Go Again: Stock Futures Sharply Lower
Here We Go Again: Stock Futures Sharply Lower
- published: 01 Sep 2015
- views: 4
0:46
Starbucks Just Killed Their Lines With Its App
If you hate waiting in line, and maybe don’t like your coffee too hot, does Starbucks have...
published: 22 Sep 2015
Starbucks Just Killed Their Lines With Its App
Starbucks Just Killed Their Lines With Its App
- published: 22 Sep 2015
- views: 314
0:49
Twitter Taps Jack Dorsey Permanent CEO
Twitter named co-founder and interim Chief Executive Jack Dorsey as its permanent CEO, end...
published: 05 Oct 2015
Twitter Taps Jack Dorsey Permanent CEO
Twitter Taps Jack Dorsey Permanent CEO
- published: 05 Oct 2015
- views: 110
0:50
Volkswagen Shares Plunge Due to Emissions Scandal
Volkswagen shares plunged by nearly 20 percent on Monday after the German carmaker admitte...
published: 22 Sep 2015
Volkswagen Shares Plunge Due to Emissions Scandal
Volkswagen Shares Plunge Due to Emissions Scandal
- published: 22 Sep 2015
- views: 247
0:44
Volkswagen CEO Steps Down, Takes Responsibility For Scandal
Volkswagen CEO Martin Winterkorn resigned Wednesday, days after admitting that the world's...
published: 23 Sep 2015
Volkswagen CEO Steps Down, Takes Responsibility For Scandal
Volkswagen CEO Steps Down, Takes Responsibility For Scandal
- published: 23 Sep 2015
- views: 4
0:48
Apple Hints at Strong Watch Sales After Shares Sink
Apple beat analysts’ expectations for its second quarter on Tuesday but its shares dived i...
published: 21 Jul 2015
Apple Hints at Strong Watch Sales After Shares Sink
Apple Hints at Strong Watch Sales After Shares Sink
- published: 21 Jul 2015
- views: 80
1:01
Texas Wants Its Gold Back Inside the State's Borders
Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdi...
published: 04 Jul 2015
Texas Wants Its Gold Back Inside the State's Borders
Texas Wants Its Gold Back Inside the State's Borders
- published: 04 Jul 2015
- views: 153
Dell Keeping Competitive With EMC Deal...
Walgreens Buys Its Third Company, Rite Aid...
United Airlines CEO Quits Amid Airports Probe...
Daily Fantasy Sports Head To Court...
FanDuel, DraftKings Face Off Against NY Attorney G...
New Hampshire Governor Blocks Baby Pictures on Bee...
US Employers Added 173,000 Jobs in August...
Here We Go Again: Stock Futures Sharply Lower...
Starbucks Just Killed Their Lines With Its App...
Twitter Taps Jack Dorsey Permanent CEO...
Volkswagen Shares Plunge Due to Emissions Scandal...
Volkswagen CEO Steps Down, Takes Responsibility Fo...
Apple Hints at Strong Watch Sales After Shares Sin...
Texas Wants Its Gold Back Inside the State's Borde...
BlackBerry Confirms Release of Its First Android D...
Ford Shifts Truck Production From Mexico to Ohio...
Volkswagen Names Porsche Exec As New CEO...
Imprimis Pharmaceuticals Takes On America's Most H...
Stock Markets Slide on Greek Crisis...
Drought Stricken California Earning Record High Cr...
Twitter Chief Costolo Steps Down...
Texas Sees Growth, but Oil Will Throttle Momentum...
