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Spotify Sued for $1.6 Billion by Publisher Representing Artists
Spotify was hit with a lawsuit for $1.6 billion from Wixen Music Publishing that handles titles by Neil Young, Donald Faven, Rivers Cuomo, Tom Petty, and Stevie Nicks amongst others. The suit alleges that Spotify uses thousands of... More of this article »
Reports: Oakland Raiders Eyeing Jon Gruden
The Oakland Raiders will pursue Jon Gruden, the former NFL head coach and current ESPN analyst, with an offer to return to coaching that may even include ownership in the team, said several media reports on Saturday. Sources says Gruden... More of this article »
Reliance Jio Buying Reliance Communications’ Wireless Assets
Reliance Communications, the debt-laden telecom signed an agreement to sell Reliance Jio Infocomm its wireless assets for nearly 240 million rupees or $3.75 billion, said two sources close to the matter on Friday. Late Thursday the... More of this article »
Barclays Expecting Write Down of $1.3 Billion from Tax Reform
British bank Barclays is expecting a write down of more than £1 billion equal to $1.34 billion on annual after tax profit due to the U.S. tax reform, said the bank in Wednesday in a prepared statement. The reform to U.S. tax system... More of this article »
UPS Using All Workers It Can Find to Help in Delivery Process
Rushing to deliver the final crush of holiday packages prior to Christmas, United Parcel Service is using accountants, marketers as well as other office staff to help deliver packages as the holiday peak season nears an end. UPS usually... More of this article »
Kentavious Caldwell-Pope Plays for Lakers Despite Jail Sentence
Kentavious Caldwell-Pope is currently serving a jail sentence of 25 days for violating probation, but that will not keep him from missing court time in the NBA. According to a report published in the Los Angeles Times, the Los Angeles... More of this article »
McDonald’s Announces Its Going Vegan
Fast food giant McDonald’s said it will start selling its new McVegan burger across hundreds of its locations in Finland and Sweden beginning December 28. The new sandwich, which already has been tested at several McDonald’s restaurants... More of this article »
Over 500 Passengers Fall Sick Aboard Pair of Cruises
Two recent cruises by Royal Caribbean saw over 500 passengers on board become sick following outbreaks of illnesses that were stomach related, which in one case led to five people being hospitalized. After departing from Port Everglades... More of this article »
People Continue Spending, But Stores Remain in Trouble
Across the U.S. stores are closing at unprecedented rates. Retailers are filing bankruptcy and malls are slowly becoming ghost towns. However, while the physical brick and mortar stores continue to struggle, consumers are spending... More of this article »
Marshall Faulk and Others Suspended by ESPN and NFL Network
Sexual harassment accusations have rocked the political, media and entertainment worlds and now several sports stars are facing similar allegations. ESPN and the NFL Network suspended five former players in the NFL including Marshall... More of this article »
Lactalis Baby Formula in Global Recall Over Fears of Salmonella
Lactalis the France-based maker of baby formula ordered a worldwide product recall over concerns one of its products is contaminated with salmonella. French health authorities said that 26 infants there have become sick in December. The... More of this article »
General Electric Cutting 12,000 Jobs in Revamp of Power Business
On Thursday, General Electric said it was cutting 12,000 jobs at its worldwide power business, the latest effort by the industrial conglomerate that continues to struggle as it shrinks itself into a company with more focus. The company,... More of this article »
Nestle Buying Atrium Innovations in Deal Worth $2.3 Billion
Nestle will acquire Atrium a vitamin maker based in Canada at the cost of $2.3 billion, expanding its consumer healthcare presence as it attempts to offset continued weakness in the packaged foods’ industry. The largest package foods... More of this article »
Facebook Opens New Office in London Adding 800 Jobs
In 2018, Facebook will open a new office in London that will create 800 new jobs in the UK. Before the end of 2018, close to 2,300 people will be working for the social media giant across the UK. The new office will be the biggest... More of this article »
General Motors Pledges Driverless Fleets in 2019
Detroit-based General Motors has outlined its plan not to just mass deploy autonomous cars across public roads during 2019, but to launch them profitably, something that the automaker’s competitors across Silicon Valley have had... More of this article »
Tiffany Sales and Profit Top Expectations
Tiffany & Co the jeweler saw its sales and profit exceed market expectations thanks to strong demand for high-end solitaire and fashion jewelry in its first full three-month period under new CEO Alessandro Bogliolo. Tiffany, whose... More of this article »
Tiger Woods Ready to Give His Back Another Try
Tiger Woods is ready to return to playing competitive golf in the Bahamas at the Hero World Challenge. As the host of the tournament, he is eligible to receive a special exemption that is given to just the host. While 17 of the 18... More of this article »
Report: Teva Pharmaceuticals to Layoff Employees in U.S. and Israel
Israel based Teva Pharmaceuticals will cut as much as 25% of its Israeli workforce where it currently has more than 6,850 employees. At the same time, a few thousand other jobs for people working in the U.S. will also be cut, said... More of this article »
President Donald Trump Tweet: Should Have Left the Three in Jail
Just a day after outspoken LaVar Bell the father of NBA player Lonzo Ball and suspended UCLA player LiAngelo Ball played down the involvement of President Donald Trump in getting LiAngelo out of China safely without criminal charges,... More of this article »
Comcast Enters Bidding War for Media Assets of 21st Century Fox
Comcast Corp. joined the pursuit of entertainment assets for 21st Century Fox the multimedia giant owned by media mogul Rupert Murdoch. Comcast expressed interest in acquiring the movie studio of Fox based in Los Angeles, its sports... More of this article »
Firefox Picks Google for U.S. Default Search
Alphabet Inc.’s Google reclaimed its spot on Tuesday as the default search engine on Internet browser Firefox, by Mozilla Corp, for the U.S. and other regions. The decision by Mozilla shocked Yahoo, now owned by Verizon Communications,... More of this article »
Martellus Bennett Said He Told Patriots Not to Claim Him
It is easy to believe the theory that tight end Martellus Bennett was able to talk his way out of playing for the Packers, since he left sufficient enough clues behind to connect all the dots. However, after returning to the field... More of this article »
Madagascar Plague Causing Grave Dilemma
The pneumonic plague, a relative of the more well-known bubonic plague or the Black Plague, but not the same thing, is bacterial and spread from person to person through droplets in the air. It can cause death as quickly as 24 hours... More of this article »
Forecast for Operating Profit Cut by Nissan Following Recall
Nissan, the Japanese automaker, reduced its profit forecast for the full year as a scandal involving safety inspection hit its earnings. The automaker is expecting its operating profit to be 645 billion yen or $7.5 billion for its... More of this article »
Toyota Seeking Additional Investments in Israel
Toyota Motor Corp, Japan’s largest automaker by volume, is seeking additional investments in vehicle and robotic technologies in Israel, after its venture segment led an investment of $14 million in Intuition Robotics this past July. The... More of this article »
UEFA Starts Disciplinary Proceedings Against Marseille’s Patrice Evra
Marseille players became involved with fans prior to their match in the Europa League with Portugal’s Vitoria Guimaraes. A disciplinary proceeding was started by UEFA against Marseille’s defender Patrice Evra after he kicked toward... More of this article »
Electronic Arts Shows Industry Sports Pushes Profits As Well
Electronic Arts is continuing to reap the benefit of its position as the leader in sports video games, as both its FIFA Soccer and Madden NFL produced strong results on a several platforms in its just completed quarter. EA announced... More of this article »
Maryland Opens Investigation of Kushner Companies
The attorney general of Maryland has opened an investigation of one of the Kushner family’s businesses of real estate following media reports that surfaced earlier in 2017 about the alleged abusive practices of debt collection and... More of this article »
Amazon Sees Surge in Sales Following Acquisition of Whole Foods
Amazon.com Inc. said on Thursday that sales had surged during the summer and that its profit sped past expectations, as shoppers flocked to promotions on its “Prime Day” and purchased groceries at its recently acquired Whole Foods... More of this article »
Small Energy Firm in Montana Lands Biggest Contract in Puerto Rico
The Caribbean island of Puerto Rico has turned to a small two-year old company in Montana with only two fulltime employees to restore its crippled electrical grid that is owned by the U.S. territory. Whitefish Energy announced last... More of this article »
Pay With Google Will Speed Up Payments Online
Pay with Google, the online payment portal by Google, has launched in an attempt to speed up and streamline the process of online checkout. Google announced the service’s availability on Monday. Through a blog post, the online search... More of this article »
FAA: Laptops Pose Risk of Fire and Explosion in Checked Luggage
The United States government has urged the entire global airline community to ban large, personal electronic devices such as laptops in checked baggage due to a potential of causing a catastrophic fire. In a paper it filed with the... More of this article »
U.S. Regulators Sue Rio Tinto and Two Former Executives
The U.S. Securities and Exchange Commission on Tuesday filed suit against Rio Tinto and two of its former top executives claiming they misled investors over the value of coal assets in Mozambique obtained in an acquisition gone bad... More of this article »
New Spy Satellite Launched in U.S. by Atlas V Rocket
The United States launched a second spy satellite in the last three weeks over the weekend. The NROL-52 satellite was blasted into orbit Sunday October 15 riding on top of a United Launch Alliance Atlas V rocket, with lift off at 3:28... More of this article »
Court Opens Door for Reinstatement of Ezekiel Elliott Suspension
On Thursday, a ruling from a federal appeals court allowed the NFL to reinstate its six-game suspension of Ezekiel Elliott a running back for the Dallas Cowboys, over allegations of domestic violence, siding with the NFL in the most-recent... More of this article »
Cook County Repeals Soda Tax After Just Two Months
The biggest soda tax in the U.S. went into effect just two months ago, but lawmakers in Cook County, Illinois, home to Chicago, voted 15 to 1 to repeal it. The tax from the start was plagued by legal challenges, glitches in its implementation,... More of this article »
Walmart Looking to Perform Online Purchase Returns in 35 Seconds
Walmart’s announced its latest move to help leverage its chain of stores against Amazon.com. The behemoth retailer has announced it has a new way in which it will handle its in-store returns of purchases made online that it says... More of this article »
Argentina Could Miss 2018 World Cup After Draw with Peru
Worldwide soccer fans follow players like Lionel Messi as the Argentine is consider by fans as being one of the best if not the best individual player in the sport. He has led his club team Barcelona to European championships, Spanish... More of this article »
Yahoo: 2013 Data Breach Included All Three Billion User Accounts
On Tuesday, Yahoo announced that all of its 3 billion accounts had been hacked in 2013, tripling the estimate from earlier by the Internet giant for the largest ever data theft in history. The announcement was made in a disclosure... More of this article »
Russia Gives Big Boost to Internet in North Korea
TransTeleCom a state-owned business in Russia has provided North Korea with a new Internet connection according to the monitoring project of the country known as 38 North. Experts in cybersecurity also confirmed the latest Russian... More of this article »
New Study: Yes Coffee is Healthy
New research suggests that drinking coffee might improve health and help people to live longer. A new observational study that involved nearly 20,000 people who drank a minimum of four cups daily showed a risk of early death that was... More of this article »
Giant Rat That Eats Coconuts Discovered in Solomon Islands
A new species of rat, which is four times the size of the rodent that is found across cities in North America, has been discovered in the Solomon Islands. This discovery is just the first in 80 years that a new species of rat was found... More of this article »
Tom Brady Says Comments by President Trump Were Divisive
Tom Brady the veteran quarterback of the New England Patriots and winner of five Super Bowls addressed the remarks made by President Donald Trump Monday morning by saying he disagreed with what the president said and said it had been... More of this article »
Saudi Arabia Lifting Ban on WhatsApp and Skype Calls
The government of Saudi Arabia is lifting its ban on calls that are made through apps online such as WhatsApp and Skype it announced on Thursday. The move is part of its ongoing economic reforms, but a government spokesperson said... More of this article »
Terrelle Pryor Tells Rams Safety Through Tweet Not to Aim for Knees
During last Sunday’s Washington Redskins 27-20 win over the Los Angeles Rams, Redskins wide receiver Terrelle Pryor caught just two passes for a total of 31 yards. After he caught his last reception of the game, he was tackled by... More of this article »
Slack Raises Financing That Values Business at $5.1 Billion
Slack raised another big round of new financing that has valued the business at over $5 billion. The leader of the new round of financing was Japan-based SoftBank, which is appears has been investing in numerous companies of late. It... More of this article »
Marshawn Lynch Handed Fine of $12,000 and Other Raiders Happenings
The NFL has fined Oakland Raiders running back Marshawn Lynch for a hand gesture made during last Sunday’s game against the Tennessee Titans, according to media reports. The fine is for $12,000. The gesture made by Lynch was a double... More of this article »
Study: Possible Link Between Flu Vaccine and Miscarriage
A study described by some as puzzling, of pregnancies in the U.S., found that women who miscarried from 2010 to 2012 were more apt to have had flu vaccines for two straight years that included protection from swine flu. Experts in... More of this article »