Wednesday , 17 September 2014
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Business

Coca-Cola Will Buy Stake In Monster Beverage Corp.

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Representative of Coca-Cola company released a statement Thursday that the company will be buying 16.7 percent stake on Monster Beverage.   It has been reported that the cost will amount $2.15 billion and that Coca-Cola is looking forward in becoming a part of the famous energy drinks trend nowadays. The company also said that they will be deploying two directors ... Read More »

FedEx Faces New Money Laundering Charges Over Online Pharmacy Case

FedEx Corp faces a new charge of conspiring to launder money in connection with its prescription-drug case on drug deliveries for online pharmacies despite warnings from law enforcement agencies. The latest indictment filed on Friday said FedEx accepted payment from several online pharmacies when it knew that its revenue is coming from invalid prescriptions. Last month, the company was first ... Read More »

1962 Ferrari Model Sold For A Whopping $38 Million

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On Thursday, an old model of a Ferrari was crowned as the highest selling price in the category of cars as it flawlessly beat a 1954 Mercedes-Benx W196 F1 Racer which went up for auction last year and was sold for $30 million.   The said car was a 1962 model of Ferrari 250 GTO Berlinetta. ¬†According to a report, ... Read More »

Candy Crush Stock Drops Unhappy Investors

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New reports are out from King Digital Entertainment the game creator of Candy Crush, and financially the game of sugar is a bit sour. According to Wall Street, the game generated less revenue than King Digital had thought as less players have signed up. A a result the forecast for the company is grim for the remainder of 2014.   ... Read More »

Unemployment Benefits Help Prevent Foreclosures

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With the growing number of people who are having trouble finding their bread and butter, unemployment insurance definitely plays a big role with regards to their financial survival which revolves from paying bills, groceries to mortgages.   Based on a recent study conducted by the National Bureau of Economic Research, it has been discovered that those states who have expanded ... Read More »

Donald Trump Sue Atlantic City Casinos To Get His Name Off the Buildings

Real estate mogul Donald Trump sues on Tuesday two Atlantic City casinos in New Jersey that still bear his name. Trump filed a lawsuit against Trump Entertainment Resorts demanding his name be stripped off in its two remaining buildings. Trump Entertainment Resorts, a descendant of a corporate entity Trump once controlled. Trump said the company has allowed the Trump Plaza ... Read More »

AOL Experiencing Profit Loss

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AOL Inc. made a statement that their profit for the second quarter went down by 1% but they are expecting more revenue through advertising. The company’s per-share earnings went down a little but their revenue soared more than what they had expected.   AOL have been working on original content for their video networks. The company is definitely planning to ... Read More »

LEGO Introduces Female Scientists In Response To 7-Year-Old Girl’s Letter

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In February, a 7-year-old girl wrote a letter to LEGO explaining her observation that the company mostly produces ‘Lego boys’ and there aren’t many ‘Lego girls’ in most play sets.     In her letter, Charlotte Benjamin noticed that most of the ‘Lego girls’ were designed to just sit at home, shop and go to the beach. Unlike with ‘Lego ... Read More »

Nissan Recalls Certain Vehicles Due To Defective Air Bags

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On Saturday, Nissan Motor announced another set of recalls because of faulty air bags.     According to the National Highway Traffic Safety Administration, the recall will be for 226,326 vehicles in models of Infiniti, Pathfinder, Maxima and Sentra that were manufactured during 2002 until 2004. Based on a given statement, the faulty air bags were made by Takata Corporation ... Read More »

Johnny Rockets’ Employee Screamed at singer Aretha Franklin

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It was on Tuesday when Aretha Franklin, 72, went to Johnny Rockets in Niagra Falls, Ontario and ordered a burger for takeout. The incident happened¬†eventually when she sat down at the restaurant and ate her burger. An employee screamed at her telling her that she couldn’t eat a to go burger inside the restaurant.       The said employee ... Read More »