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Dow Chemical, DuPont Discussing $130 Billion Merger
Merger talks are taking place between DuPont and Dow Chemical Co that would create a titan in the chemical industry, with a market value of over $130 billion. That helped to lift shares of Dow to a new record in trading on Wednesday... More of this article »
Snapchat Experiences Long Outage, Working to Find Fix
Multiple users of Snapchat, the photo based social network have used Twitter to express frustration over the long outage of the site that has stopped them form exchanging video and photos. The messaging service, that is image based... More of this article »
Anglo American Gives Business an Overhaul
Anglo American is selling more of its assets, suspending dividends until 2016 year-end and whittling down its divisions from six to three due to the severe commodity price drops, said the mining company Tuesday. The overhaul of the... More of this article »
Oil Price Touches Low of Post 2009, As Glut Expands
On Tuesday, oil prices continued declining with U.S. crude dropping below a per barrel price of $37 and Brent falling below $40 for just the first time since the early months of 2009. This came amidst new fears that the world is running... More of this article »
Qualcomm Accused by EU of Using Market Power to Advantage
Antitrust regulators with the European Union have charged U.S. based Qualcomm with abusing its market share power to thwart its rivals, putting the number one mobile chipmaker in the world at risk of receiving a large fine. The European... More of this article »
JAB Acquisition of Keurig Green Mountain Signal the Beginning of the End for the Coffee Industry?
Coffee is the most popular beverage in the world, consumed—in some form or another—by just about every culture on almost every continent of this planet. Of course, this means that coffee comes in many forms and for those in the... More of this article »
Antitrust Regulators Halt Two Major Mergers This Week
“We’re smack in the middle of a merger wave,” explains American Antitrust Institute president Diana Moss. “You have an environment where you have very few competitors in key markets.” On Monday, for example, two of these... More of this article »
121 Million Americans Expected To Shop Cyber Monday
Cyber Monday has quickly become one of the biggest shopping days of the year. This year, the tenth officially for Cyber Monday, more than 121 million Americans are expected to take to their computers to shop. The number of expected... More of this article »
Times Square Toys R Us Sees Final Black Friday
The iconic Toys R Us toy store located in Times Square is celebrating its last Black Friday in its current location. The company announced earlier this year that it would not be renewing its lease when it runs out in January 2016.... More of this article »