Tuesday March 28-th, 2017

Keurig Green Mountain Sold to Owner of Peet's Coffee for $14 Billion

JAB said on Monday it would buy Keurig for $13.9 billion, its biggest acquisition in a quest to build a global coffee powerhouse to better compete with Switzerland's Nestle SA NESN.VX . The restaurant brands benefit from JAB's increasing scale wh...

FBI looking into $28000 deposit in California shooters' account

On Monday, the FBI said Farook and Malik had been radicalized "for some time" and did target practice before the rampage. President Barack Obama said in a prime-time address Sunday night that the attack was an "act of terrorism invented to kill innoc...

US Navy's largest destroyer ever heads out to sea for first time US Navy's largest destroyer ever heads out to sea for first time

While the ship has experienced setbacks, the Zumwalt offers technological improvements that will be required in the Navy's future fleet whether it is the future platform of choice, said naval expert Ron O'Rourke of the Congressional Research Servic...

Finland to give citizens $1100/mo and take away benefits Finland to give citizens $1100/mo and take away benefits

Finland's Social Insurance Institution, called KELA, said last week it was considering a proposal to provide each and every Finn with an 800-euro ($870) payment each month. There was a drop in workforce participation, but that was largely due to pe...

Pfizer, Allergan enter into definitive merger agreement

Pfizer and Allergan said their deal would lead to an effective tax rate for the new company of about 17 to 18 percent. It was reported today that Pfizer and Allergan PLC are on the cusp of reaching a $160 billion deal that would create the ...

Yahoo stock surges on report of possible sale of its Internet business Yahoo stock surges on report of possible sale of its Internet business

If the core Internet company, including Yahoo email, its website, the Tumblr blog site, is sold, Mayer's chances of the option to remain CEO depend on the buyer. Mayer may orchestrate her most daring move yet - killing off Yahoo to save it. B...

Tablet shipments to decline; Microsoft to snatch market share from Android Tablet shipments to decline; Microsoft to snatch market share from Android

Makers of bigger-screened tablets are also trying to shake up the market. Over the next four years Windows is expected to more than double at the expense of both iOS and Android. Whereas screens nine inches and smaller dominated tablet sales in 201...

Fiat Says It Won't Formulate A Takeover Of GM Just Yet Fiat Says It Won't Formulate A Takeover Of GM Just Yet

Marchionne's comments, which came at the conclusion of a shareholder meeting in Amsterdam, are the latest on the topic of mergers and acquisitions from the brash CEO who has been pushing his argument that the industry must eventually consider consoli...

New Amazon drone video, brought to you by Jeremy Clarkson New Amazon drone video, brought to you by Jeremy Clarkson

The appeal of Prime Air is that it will, in theory, be able to deliver packages in 30 minutes or less. The company says the service will launch once the company has "the regulatory support needed to safely realize our vision". Amazon has been co...

International Monetary Fund includes Yuan in reserve currency basket International Monetary Fund includes Yuan in reserve currency basket

By mid-morning in Hong Kong on December 1, the official yuan exchange rate (CNY=) was unchanged against the USA dollar at 6.3982. Meanwhile, Nigeria's external reserves depreciated by $238 million in November to $30.012 billion as at November 27,...

FCA sales rise 3% in November FCA sales rise 3% in November

Honda's sales fell 5 per cent, hurt by lower CR-V sales. Sales are being driven by a number of factors, including strong hiring, low gas prices, easy access to auto loans and continued pent-up demand for cars following years of depressed sales.

BHP Billiton and Vale to establish fund to support Rio Doce recovery BHP Billiton and Vale to establish fund to support Rio Doce recovery

Operations at Samarco remain suspended. Vale is the first of the co-owners of iron-ore miner Samarco to admit that some tests had found toxic elements in the water of the Rio Doce river after the dam was breached. Samarco has already been fine...

Zuckerberg, Gates, Branson and Bezos invest in green energy fund Zuckerberg, Gates, Branson and Bezos invest in green energy fund

In addition to Mr Bezos of Amazon, Mr Ma, who built China's Alibaba, and Mr Ambani, chairman of India's Reliance Industries, the billionaires' list includes Facebook's Mark Zuckerberg, Ray Dalio of the Bridgewater hedge fund group, and Virgin Group...

India's GDP Growth Accelerated Last Quarter India's GDP Growth Accelerated Last Quarter

The agricultural sector grew 2.2 per cent, against 1.9 per cent. "We expect India's Q2 FY16 GDP to clock growth of 7.2% yoy, somewhat higher than the 7.0% yoy recorded in the previous quarter". Trading and hotel services grew 10.6% after a 12.8...

Controversial World Cup watches will be handed over to charity Controversial World Cup watches will be handed over to charity

Describing the ethics commission's action against him as an "inquisition", Blatter felt that he doesn't need to prove his innocence, Sport24reported. Blatter has been suspended for 90 days along with European soccer boss Michel Platini, engulfed by...

Target reveals big Cyber Monday plans Target reveals big Cyber Monday plans

Target.com's president blogged about a 15 percent discount that will be offered, sitewide on Cyber Monday, which is a first. While Black Friday remains the day to remember, people will be foolish to let the deals available on Cyber Monday slip away.

Amazon To Reportedly Link Additional Video Services With Prime Instant Video Amazon To Reportedly Link Additional Video Services With Prime Instant Video

Though a company spokesman kept his lips tightly sealed on the veracity of such features, some sources suggest they could be arriving as soon as next month - just in time for a festive flick tie-in. Inc. also seeks to develop a technology which will ...

U.S. Stocks Little Changed Ahead of Holiday U.S. Stocks Little Changed Ahead of Holiday

Personal consumption expenditures increased $15.2 billion, or 0.1 percent, in October. Excluding food and energy prices, the price index for gross domestic purchases increased 1.3 percent, compared with an increase of 1.2 percent. The yield on the 10...

Philadelphia Eagles 7-17 Detroit Lions Philadelphia Eagles 7-17 Detroit Lions

In Demarco Murray and Darren Sproles they offer a potent 1-2 punch in the backfield, and Brent Celek is one of the league's better receiving tight ends. I'm looking forward to this game. Stafford at 277 yards passing, Johnson with eight catches...

Best Buy, Macy's, Target all open on Thanksgiving Best Buy, Macy's, Target all open on Thanksgiving

This does not benefit you. In fact, I will more likely patronize those retailers versus the stores that are open on Thanksgiving . A deal is not a good deal just because there is sale sticker. The stores will have massive sales on them, making...

Jawbone Just Laid Off 60 Employees And Shut Down Its NY Office Jawbone Just Laid Off 60 Employees And Shut Down Its NY Office

Jawbone also said it would close its NY office and downsize operations in Sunnyvale, California and Pittsburgh, Pennsylvania. After a few big delays in shipping with the latest of the fitness trackers, the UP3, the company has been on a marketing c...

Aldi and Lidl double market share in three years Aldi and Lidl double market share in three years

That took it back above Asda to the number two spot in terms of United Kingdom grocery market share. Morrisons' sales were down 1.7% and sales at Tesco, which had been enjoying something of a resurgence, were down 2.5%. It said the continuing rise...

Bon-Ton Stores Sees Unusually-High Trading Volume (BONT) Bon-Ton Stores Sees Unusually-High Trading Volume (BONT)

The Company operates through two segments: stores and e-Commerce segments. The Company's shops offer a variety of style apparel and accessories for men, girls and children, along with house furnishings make-up as well as other goods.

Tyson closing plants in Chicago and Jefferson, Wisconsin Tyson closing plants in Chicago and Jefferson, Wisconsin

Tyson's two other Chicago facilities, a plant that makes steaks and office buildings, will continue to operate, Sparkman said. Donnie King the president of operations for North America said the company had examined a number of options prior to deci...

United States clears $14.3bn merger between Schlumberger and Cameron United States clears $14.3bn merger between Schlumberger and Cameron

Schlumberger agreed in August to acquire Houston-based equipment firm Cameron in a stock and cash transaction worth about $14.8 billion. Cameron shareholders still must sign off on the agreement that would fuse two companies that have been work...

UAW workers at two more GM plants back contract UAW workers at two more GM plants back contract

Still, Ford negotiators would have been hard-pressed to offer anything less than GM, Schwartz said. They have petitioned the National Labor Relations Board to schedule a vote for them to be represented by the United Auto Workers. Performance bonuse...

Audi and VW join Porsche, stop sales of 'cheating' diesels Audi and VW join Porsche, stop sales of 'cheating' diesels

The scandal expanded this week when the EPA said Volkswagen had put the cheating software on about 10,000 six-cylinder diesels in the USA, including Porsche and Audi vehicles. The German automaker recently revealed that its own emissions testing foun...

Walmart, Best Buy and Target Black Friday Deals revealed ahead of Amazon Walmart, Best Buy and Target Black Friday Deals revealed ahead of Amazon

With options to shop online for most Black Friday 2015 deals, it makes more sense to simply buy online and wait for the delivery than to try to hassle with a Thanksgiving Day price match. In the meantime you can sign up for deals e-mails so you won...

Gamestop Offering Cheap PS4 Bundle With Uncharted And Fallout 4 Gamestop Offering Cheap PS4 Bundle With Uncharted And Fallout 4

Gamers will be enticed with sweet deals from TechRadar , where the PS4 and Xbox One compete to get the most recorded sales this coming Black Friday. The ad for its Black Friday offers has been leaked and it has drawn a lot of attention ever since, w...

Boeing, Airbus go head to head as orders stall Boeing, Airbus go head to head as orders stall

Experts say the Dubai Airshow plays an increasingly important role for the region to show off its fast-growing aviation industry, with the city's prime global location paramount to its popularity. The UAE's Abu Dhabi-based carrier, Etihad, owns a 24-...

Boeing leads orders race at Dubai Airshow - so far Boeing leads orders race at Dubai Airshow - so far

BAE Systems Electronics and Information Systems also has been awarded $81.4 million for the in-service support and modernisation of the aircraft's digital electronic warfare system up to 2018. Compared with the last airshow in 2013, which included an...

OPEC's daily oil production totals 31.38 million barrels in October OPEC's daily oil production totals 31.38 million barrels in October

That's obviously not good for oil producers, but you could really cash in if you own a fleet of very large crude carriers. "There have been no conversations here that say we should cut production now that we've seen the pain", he said, according to t...

Volkswagen tells dealers to stop selling some 3.06 V6 vehicles Volkswagen tells dealers to stop selling some 3.06 V6 vehicles

The company announced late Tuesday that it understated the amount of emissions of carbon dioxide in as many as 800,000 vehicle sold across Europe and because of that their usage as well. The company said the carbon dioxide problem could cost it 2 bil...

British Airways' Arrogance: Sachin's Fans Lash out on Twitter British Airways' Arrogance: Sachin's Fans Lash out on Twitter

As per a post by Sachin he and his family were mistreated by the British Airways authorities when they reached the airport. Fans joked that "God" would make them pay for their mistakes. Why British Airways , why on earth are you not using brains...

US Federal Reserve is right to raise interest rates, yet risk remains US Federal Reserve is right to raise interest rates, yet risk remains

Fed Chair Janet Yellen said on Wednesday that a rise in rates in December was a "live possibility" if justified by upcoming economic data. His advice to the Fed: "The risks of waiting for the first rate hike are much smaller than the risks of moving ...

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