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Procter & Gamble Post Sales Dip on Weak Diaper Demand

Procter & Gamble Post Sales Dip on Weak Diaper Demand

The quarterly revenue report for Procter & Gamble came out on Thursday, indicating that the consumer goods company did not meet estimates for the first in more than a year.  Apparently, their bottom line has suffered... 
Mystery bidder buys Steve McQueen ‘Bullitt’ Mustang

Mystery bidder buys Steve McQueen ‘Bullitt’ Mustang

A mystery bidder who is known to only one person purchased the 1968 Mustang Bullitt GT which was featured in the Steve McQueen film ‘Bullitt’ for $3.74 million it was reported by the USA TODAY. McQueen drove the... 
Would You Like To Drive the Oscar Mayer Wienermobile?

Would You Like To Drive the Oscar Mayer Wienermobile?

It is one of the most memorable jingles of all time and goes: “Oh…I wish I were an Oscar Mayer wiener: That is what I truly want to be!  For if I were an Oscar Mayer wiener, everyone would fall in love with me!”... 
AAA WARNS ‘safe’ autopilot features creates more distracted drivers

AAA WARNS ‘safe’ autopilot features creates more distracted drivers

According to a recent review by AAA (American Automobile Association) drivers who use the latest advanced driver assistance system (ADAS) are almost twice as likely to be take their eyes off the road while driving in order to... 
Historic Saudi Aramco IPO begins trading, shares increase 10%

Historic Saudi Aramco IPO begins trading, shares increase 10%

Saudi Aramco went way past all expectations this morning when it made its initial public offering (IPO) on Saudi Arabia’s stock exchange this morning to become the world’s largest IPO ever. Government owned Saudi Aramco... 
Manhattan Transit Authority (MTA) puts first all-electric bus on the street

Manhattan Transit Authority (MTA) puts first all-electric bus on the street

On Sunday morning, the Manhattan Transit Authority (MTA), put a brand new all-electric bus on the 14th Street Busway for its first trip through on the crosstown route. It is one of 15 new all-electric articulated buses which have... 
Tesla’s angular, futuristic but alien looking, electric Cybertruck is fast, strong and $40K

Tesla’s angular, futuristic but alien looking, electric Cybertruck is fast, strong and $40K

At the unveiling of Elon Musk’s Tesla, alien looking, electric Cybertruck yesterday, people who attended had mixed responses beginning with stuttered surprise to a gradual awkward build up of cheers, according to... 
Ford and UAW Ratify New Contract

Ford and UAW Ratify New Contract

It has taken two weeks of somewhat inconsequential voting—after many months of a little more dramatic negotiations—but the United Auto Workers have ratified a new 4-year contract with Ford.  On Friday evening UAW... 
Why Did Facebook Rebrand as FACEBOOK?

Why Did Facebook Rebrand as FACEBOOK?

Facebook has just launched a new rebranding campaign for all of its products and services. It appears this move is an attempt to distinguish the company, as an entity, from its familiar mobile app and website, which are products.  Other... 
Shares of Shake Shack Slide On Grubhub Partnership Announcement

Shares of Shake Shack Slide On Grubhub Partnership Announcement

Shares of the trendy new burger chain tumbled more than 20 percent on Tuesday after disappointing profits forced them to slash their financial forecast.  The NYC-based company very recently chose to exclusive delivery... 
Intel Analysts Bump Ratings on Strong Data Center Growth

Intel Analysts Bump Ratings on Strong Data Center Growth

Shares of computer chip maker Intel jumped more than 7 percent—to $56.10—on Friday after the company posted third quarter earnings are better than expected.  This is a welcomed shift from Q2, when shares took a big... 
Bed Bath & Beyond Still Searching for CEO, Post Mixed Second-Quarter Results

Bed Bath & Beyond Still Searching for CEO, Post Mixed Second-Quarter Results

The stock market value of Bed, Bath & Beyond Inc fell more than 4 percent in an extended session, on Wednesday, when the home furnishings retailer reported same-store sales fell more than expected; even as adjusted profit... 
Lundbeck Acquires Alder Biopharmaceuticals for $2B

Lundbeck Acquires Alder Biopharmaceuticals for $2B

Denmark-based drugmaker Lundbeck has just revealed their plan to buy Alder Biopharmaceuticals in a deal that is reported to be worth as much as $1.95 billion.  News of this, of course, thrust Alder’s stock up 83... 
Plunging Valuation Threatens WeWork’s Unicorn Status

Plunging Valuation Threatens WeWork’s Unicorn Status

According to bankers at Goldman Sachs Group, Inc, WeWork was on its way to become a $65 billion company earlier this year.  That was, of course, at a time when banks across Wall Street were focused on the workspace startup’s... 
Coca-Cola Is Switching to Aluminum Cans and Bottles For Dasani Products

Coca-Cola Is Switching to Aluminum Cans and Bottles For Dasani Products

Coca-Cola has revealed, this week, a plan for a green makeover of its Dasani bottled water brand.  This directive is intended to help the company meet its previously scheduled environmental goals as well as boast interest... 
Amazon Expands its self-driving robot delivery service to Irvine, California

Amazon Expands its self-driving robot delivery service to Irvine, California

From automated self-driving vacuum cleaners called Roombas to self-driving lawnmowers, to self-driving robots delivering food on college campuses, it is the age of robotic services and one large online business is taking advantage... 
New KitKat chocolate bar introduced by Nestle

New KitKat chocolate bar introduced by Nestle

Nestle, the largest food company in the world, has come out with a new chocolate bar that has no added refined sugar in it as it works to stay ahead of the trends in consumer’s changing tastes and growing awareness in good health... 
Extra! Extra! No more ‘read all about it!’ in newspapers at Starbucks

Extra! Extra! No more ‘read all about it!’ in newspapers at Starbucks

That’s right, beginning this September 2019, Starbucks will no longer be selling newspapers at their coffeehouse locations along with other food items in order to bring a more orderly appearance to its locations as well as get... 
Will The Fed Cut Interest Rates Soon?

Will The Fed Cut Interest Rates Soon?

The Federal Reserve said that if they meet market expectations they might signal a rate cut at its meeting on Wednesday. However, this announcement will come under abnormal circumstances.   Typically, when the Fed... 
Pfizer Will Strengthen Cancer Drug Portfolio with $11B Acquisition of Array

Pfizer Will Strengthen Cancer Drug Portfolio with $11B Acquisition of Array

Big pharma firm Pfizer announced, early this week, their plan to spend $11.4 billion in cash to acquire Array BioPharma.  The deal values Array at approximately $48 per share, in cash; and the announcement boosted Array... 
United Technologies & Raytheon merger could reshape aerospace industry

United Technologies & Raytheon merger could reshape aerospace industry

United Technologies & Raytheon Company announced on Sunday that their companies would merge and the name of the newly formed company will be Raytheon Technologies. The combination of United Technologies’ aerospace... 
Washington Court Orders Comcast to Pay $9.1M in Damages and Fees From Hidden Charges

Washington Court Orders Comcast to Pay $9.1M in Damages and Fees From Hidden Charges

A Superior Court Judge in King County (Washington) ruled against Comcast, on Thursday, stating that the cable and internet provider violated Washington State consumer protection laws; perhaps as many as 445,000 times. Because... 
Global Economic Worries Erase Early Dow Gains

Global Economic Worries Erase Early Dow Gains

Wall Street saw another selling frenzy this week with nervous investors fleeing the health care, technology, and other high-risk stocks. Cautious investors pulled out to switch to safer options, like bonds. The widespread... 
‘Missing Man Tables’ at Chick-fil-A restaurants over Memorial Day weekend

‘Missing Man Tables’ at Chick-fil-A restaurants over Memorial Day weekend

Over the Memorial Day weekend at many Chick-fil-A restaurants around the US, there was an empty table with special items on it and one empty chair – ‘The Missing Man Table.’ Chick-fil-A restaurants do this in... 
One-Third of Americans Can’t Afford a $400 Emergency

One-Third of Americans Can’t Afford a $400 Emergency

According to a new report from the Federal Reserve, Americans are not doing a very good job of saving for retirement. Specifically, the 2018 Report on Economic Well-Being of US Households indicates that nearly 25 percent of American... 
Walmart Q1 Profits Beat Estimates On E-Commerce Growth

Walmart Q1 Profits Beat Estimates On E-Commerce Growth

When Amazon revealed its new free one-day shipping for all Prime members, it really shook up the retail world.  Obviously, not every retailer is going to be able to compete with this and with US President Donald Trump... 
The We Company Launches New $2.9B Real Estate Investment Platform

The We Company Launches New $2.9B Real Estate Investment Platform

Backed by a multibillion-dollar platform from Canadian capital, WeWork’s parent company has announced it is expanding its real estate acquisition and development efforts this week.  The We Company has revealed the... 
Ford Announces 7,000 Salaried-Position Cuts

Ford Announces 7,000 Salaried-Position Cuts

There could be more trouble ahead for the auto industry if the latest activity at Ford is any indication.   Apparently the American automaker has revealed their decision to cut approximately 7,000 white-collar jobs.... 
Disney Takes Full Control of Hulu in New Comcast Deal

Disney Takes Full Control of Hulu in New Comcast Deal

It seems like only yesterday that Disney revealed plans to launch its own streaming media network but it looks like they may have pulled an audible. This week, Disney and Comcast announced a new deal which will give Disney full...