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Albertsons Agrees To Acquire Rest Of Rite Aid
Albertsons, the supermarket operator, plans to buy the remnants of the Rite Aid drug chain after more than 1,900 of its stores and three of its distribution centers are sold to Walgreens. A combined Albertsons and Rite Aid would have... More of this article »
Hike In Gas Tax Under Consideration
In a closed-door meeting on infrastructure with members of both parties, President Trump tried to persuade his fellow Republicans that raising the gas tax should be an option for funding his infrastructure goals. The government needs... More of this article »
Benjamin Netanyahu Discredits Corruption Charges Against Him
Prime Minister Benjamin Netanyahu of Israel has continued to defiantly defend himself against corruption allegations. An appearance at a conference of local government officials in Tel Aviv, he showed no worries that he could be forced... More of this article »
California Investigating Aetna Over Insurance Claim Denials
California’s insurance commissioner has launched an investigation into Aetna Inc. (NYSE: AET) over the dubious nature of some of its insurance claim denials. The investigation was sparked by the admission of a former medical... More of this article »
Amino Acid In Asparagus Linked To Breast Cancer
A new study published in the journal Nature shows that an amino acid found in asparagus called asparagine has been linked to the spread of breast cancer in mice. The study’s lead author, Greg Hannon, director of Britain’s... More of this article »
Amazon Prime Customers Get Free Whole Foods Deliveries
Amazon Prime members in the neighborhoods of Austin, Cincinnati, Dallas and Virginia Beach, Va. will now be able to get free, two-hour delivery from Whole Foods Market stores. The service will only be available during the hours the... More of this article »
Senate Leaders Agree On Spending Deal
Reports have emerged that Senate leaders have reached a bipartisan agreement on the federal budget. Senators Mitch McConnell of Kentucky, the majority leader, and Chuck Schumer of New York, his Democratic counterpart, have apparently... More of this article »
Apple Posts Disappointing iPhone Sales
Apple Inc. (NASDAQ: AAPL) has released disappointing sales results for its iPhones during the holiday period. Apple reported that it sold 77.3 million iPhones, down 1 percent from a year ago. The company had been expected to sell around... More of this article »
North Korea Cancels Joint Performance With South Korea
A joint cultural performance between North Korea and South Korea scheduled for Feb. 4 has been canceled. The performance was to be held in the North Korean territory of Mount Kumgang. The two Koreas had been in discussions regarding... More of this article »
Coincheck Cryptocurrency Exchange Losses Top $500M
A hack into the digital wallet of Japanese cryptocurrency exchange Coincheck Inc. is one of the biggest heists in history. Hackers stole more than half a billion dollars of digital money from the Tokyo-based exchange. Japanese authorities... More of this article »
Beauty Pageant Camels Disqualified Over Botox Injections
A dozen camels have been banned from a beauty competition in Saudi Arabia for receiving Botox injections to make them more attractive. The beauty contest is part of the annual King Abdulaziz Camel Festival in Rumah. The festival typically... More of this article »
Toys R Us Announces Planned Store Closures
Toys R Us Inc. has announced plans to close about 180 U.S. stores as part of its reorganization plan. The closures are scheduled to begin next month and the majority of the targeted locations will go dark by mid-April. The company... More of this article »
Jerome Powell To Succeed Janet Yellen As Fed Chair
Jerome Powell has been confirmed as the 16th chairman of the Federal Reserve. The post is considered the most powerful economic position in government. Powell’s term runs for four years. Powell, 64, was nominated for the post... More of this article »
Delta Releases New Rules For Service And Support Animals
Delta Air Lines (NYSE: DAL) is tweaking its rules regarding the transport of service and support animals after multiple incidents aboard its flights. Starting March 1, owners will be required to provide documentation about their animal’s... More of this article »
Twitter Finds Thousands More Russian-linked Accounts And Bots
Twitter (NYSE: TWTR) has announced the discovery of more than a thousand new accounts linked to the Internet Research Agency, a Russian “troll farm” suspected of attempting to interfere in the U.S. political process. To... More of this article »
Researchers Find More Connections In Creative Brains
Researchers have found that the brains of highly creative people have more connections when compared to the brains of less creative thinkers. The researchers also found that the highly-creative brains were better able to fire up these... More of this article »
7-Eleven Stores Raided In Immigration Enforcement Action
Nearly a hundred 7-Eleven convenience stores across the country were raided this week in an enforcement action by federal immigration agents. The Trump administration described the action as its largest enforcement operation against... More of this article »
Discovery Communications Moving To New York
Discovery Communications (NASDAQ: DISCA) has announced its headquarters will be moving from Silver Spring, Maryland to New York in the second half of 2019. David Zaslav, Discovery’s chief executive, wrote in an email to employees,... More of this article »
North Korea Sending Delegation To Winter Olympics In South Korea
North Korea’s leader, Kim Jong-un, has turned toward diplomacy with South Korea and has agreed to send a team to compete in the Winter Olympics in the South Korean town of Pyeongchang next month. The event is meant to highlight South... More of this article »
More Health Insurance Proposals Issued By Trump Administration
The Trump administration wants to make it easier for small businesses and individuals to buy alternative types of insurance that could be less expensive than what it available now. The new health plans could bypass some of the insurance... More of this article »
Chinese Entrepreneur Jia Yueting Defies Order To Return Home
Chinese internet entrepreneur Jia Yueting has not returned to China as demanded by his country’s securities regulator. In December, the China Securities Regulatory Commission issued an order for him to return by the end of 2017.... More of this article »
Commercial Air Travel Safer Than Ever
According to a new report, 2017 was the safest year ever for commercial air travel. There were only 111 recorded accidents and 13 deaths worldwide. That’s a rate of one fatal accident for every 16 million flights. Lead researcher... More of this article »
Jack in the Box Offering Merry Munchie Meals To Stoner Set
California begins legal recreational marijuana sales at the beginning of the new year and one fast-food chain is looking to take advantage of the event. San Diego-based Jack in the Box (NASDAQ: JACK) is introducing a Merry Munchie... More of this article »
Roy Moore Lawsuit Tossed, Doug Jones Certified Winner
Democrat Doug Jones has been officially declared the winner of Alabama’s special Senate election, after a lawsuit by Republican opponent Roy Moore was rejected by a judge. Moore’s lawsuit attempted to delay certification of the... More of this article »
Price Increases For 40-year-old Cancer Drug Questioned
Another company has been accused of putting a life-extending medicine out of reach for some patients. This time, the issue involves a 40-year-old, off-patent cancer drug used to treat brain tumors and Hodgkin lymphoma called lomustine.... More of this article »
Cuba Leader Raul Castro Postpones Retirement
Cuba’s leader, Raul Castro, will be postponing his retirement and will now step down in April instead of February. Castro, 86, had originally planned to retire on February 24, 2018, the end of his second five-year term. Now, the... More of this article »
Twitter Starts Widespread Suspensions Of “Hateful” Accounts
Twitter (NYSE: TWTR) administrators have begun suspending or closing social media accounts judged to promote hate, glorify violence, or threaten others. According to the company, hateful imagery includes logos, symbols, or images aimed... More of this article »
U.S. Links WannaCry Cyberattack To North Korea
The United States government has publicly blamed North Korea for being behind the massive WannaCry computer virus that affected hundreds of thousands of computers around the world earlier this year. While North Korea has been widely... More of this article »
Visa Program Popular With Tech Companies Undergoing Revisions
The Trump Administration is planning to make sweeping changes to the H-1B visa program popular with technology companies. A “Buy American, Hire American” executive order signed by President Trump in April called for the... More of this article »
Walt Disney Co. To Buy Fox For $52.4B
Walt Disney Co. (NYSE:DIS) has reached a deal to buy the entertainment assets of Twenty-First Century Fox Inc. (NASDAQ:FOX), the media empire controlled by Rupert Murdoch, in an all-stock transaction. Disney will give Fox shareholders... More of this article »
Russia To Withdraw Troops From Syria
Russian President Vladimir Putin has announced the beginning of a withdrawal of forces from Syria during a surprise visit to a Russian troops stationed at an air base in the country. During the visit to the Khmeimim air base, Putin... More of this article »
Latest Employment Figures Show Economy Going Strong
The latest snapshot of the American economy was released on Friday. The Labor Department’s official hiring and unemployment figures for November show that 228,000 jobs were added last month. The number beat the estimates of Wall... More of this article »
Cuba Mystery Deepens With New Findings
Doctors have discovered brain abnormalities in the U.S. embassy victims of suspected attacks in Cuba. The doctors were searching for clues to explain the hearing, vision, balance, and memory issues suffered by the victims. The damage... More of this article »
US, South Korea Launch Joint Military Exercises
The United States and South Korea have launched their biggest-ever joint air force exercise. About 12,000 U.S. military personnel are participating along with South Korean troops. The joint exercise involves hundreds of aircrafts,... More of this article »
Smartphone Use Linked To Chemical Imbalance In Brain
A small new study suggests that excessive smartphone and internet use may harm the brain chemistry of teens. The study found an imbalance of chemicals in the brain of teenagers classified as “internet-addicted.” The research... More of this article »
OPEC Planning To Extend Oil Cuts To End Of Next Year
The Organization of Petroleum Exporting Countries has reportedly crafted a deal with several non-OPEC nations, led by Russia, to extend the current oil production cuts to the end of next year. Some details of the agreement are still... More of this article »
Uber Under Fire For Handling Of Data Breach
Uber has once again found itself reeling from a new controversy. Revelations has emerged that the company tried to cover up a massive breach last year by paying off the hackers. The company initially kept the massive breach a secret.... More of this article »
New Electric Semi-truck Unveiled By Tesla
Tesla (NASDAQ:TSLA) has unveiled its new electric semi-truck to the masses during a presentation in Hawthorne, Calif. The company’s Semi will reportedly cost 20 percent less to operate than a standard diesel truck. Tesla chief... More of this article »
New Study Recommends Using Caution With Energy Drinks
Energy drinks have become a popular way for people to get a boost of energy during the day. They are marketed in convenient little packages with a single serving inside so you can take them on the go, making them simple to take whenever... More of this article »
Singles’ Day Surpasses $25B In Sales
Alibaba’s (NYSE:BABA) Singles’ Day sales extravaganza is now the world’s biggest shopping event. Singles’ Day is China’s much larger version of Black Friday. The event began soon after a star-studded event in Shanghai late... More of this article »
Facebook Making New Moves Against Revenge Porn
In Australia, Facebook (NASDAQ:FB) has begun testing a new system that will allow users to upload revealing photos or videos directly to Messenger without the fear of those photos being used against them later as revenge porn. Partnering... More of this article »
Amazon Launches New Fire TV Stick For International Customers
Amazon (NASDAQ:AMZN) is introducing its streaming hardware to more international users. Users can now order the Amazon Fire TV Stick Basic Edition in 100 nations around the world, including Canada, France, Italy, and Spain. The small... More of this article »
Mylan Accused Of Price-Fixing Conspiracy
Mylan has been accused of participating in a vast price-fixing conspiracy to keep prices of medications artificially high. Indian drugmaker Emcure Pharmaceuticals Ltd. and its subsidiary, Heritage Pharmaceuticals, are also implicated... More of this article »
Lennar To Buy CalAtlantic For Nearly $6 Billion
Two of the nation’s biggest residential-construction companies have announced that they are joining forces. The Lennar Corporation (NYSE:LEN) announced that it would buy the CalAtlantic Group (NYSE:CAA) in a stock-and-cash deal worth... More of this article »
Twitter Tops Estimates For The Third Quarter
Twitter Inc. (NYSE:TWTR) beat sales estimates in the third quarter of its fiscal year. Twitter reported its net loss narrowed to $21.1 million, or 3 cents a share, in the quarter. On an adjusted basis, the company reported profit of... More of this article »
AT&T Quarterly Results Miss Estimates
AT&T Inc. (NYSE:T) has missed analysts’ expectations with its latest quarterly results. The company reported net income of $3.0 billion, or 49 cents a share, for the quarter ended Sept. 30, down from $3.3 billion, or 54 cents... More of this article »
Netflix To Issue Bonds To Fund New Content
Video streaming service Netflix (NASDAQ:NFLX) has announced plans to spend up to $8 billion on new shows next year, up from a previous target of $7 billion. According to chief content officer Ted Sarandos, Netflix plans to release... More of this article »
Gates Foundation Announces New Investments In Education
The Bill & Melinda Gates Foundation has announced it will invest close to $1.7 billion over the next five years on new initiatives in education philanthropy. Bill Gates announced the new plans during a speech at the Council of... More of this article »