Biz/Tech
Apple Heeds Taylor Swift's Call for Payments to Artists During Trial Period of Streaming Service
Facebook to Give Youtube Increased Competition for Online Video Ads
Facebook is giving Youtube more reasons to look over its shoulder as the social media network is increasingly becoming a viable outlet for online video ads that have been dominated by Google's video arm.
Latest News
US Restaurants Forced to Raise Prices for Egg Dishes as Bird Flu Cuts Supply
U.S. restaurants continue to struggle from the impact of the avian flu that swept the country last year, as eggs have grown scarce and more expensive forcing some establishments to raise prices.
White House Moves to Raise Fuel Efficiency Standards for Large Trucks to Cut Carbon Emissions
The Obama administration is looking to raise fuel efficiency standards for trucks and buses in the United States as part of its continued efforts to curb emissions that contribute to global warming
Anthem Offers to Buy Cigna as US Healthcare Insurance Industry Consolidates
Anthem Inc., the U.S. second largest health insurer, has offered to buy smaller rival Cigna Corp. for about $47 billion as industry players rush to consolidate to manage costs as applications rise due to the the Obama administration's landmark Patient Protection and Affordable Care Act.
Ebay Sells Stake in Craigslist, Ends Legal Disputes
Online marketplace Ebay Inc. sold its 28.4% stake in Craigslist back to the internet classified site and ended the litigation between the two.
Kellogg's is Making a Spotify for Healthy Snacks
Kellog's plans to build a subscription snack services that would deliver healthy snack boxes customized according to clients' taste.
Hershey to Cut 300 Jobs as Sales Weaken
American chocolate maker Hershey Co. announced on Friday that it will cut 300 jobs and profits will be lower than originally projected due to slowing sales in China.
Acquisition of Martha Stewart Living by Licensing Firm Set to Happen
Struggling to replicate its early success coming from the popularity of its founder and challenged by changing taste of audiences, multimedia and merchandising company Martha Stewart Living Omnimedia Inc. is reportedly close to being bought by a firm that licences popular brands.
Virtual Reality Star Wars is Coming Soon!
Industrial Light & Magic is working on virtual reality versions of Star Wars that would be launched later this year.
Rising Gasoline Prices Pull up U.S. Inflation for Fourth Straight Month
Inflation in the U.S. rose for the fourth straight month in May largely driven by rising gasoline prices, but the slow increase might give the Federal Reserve more reason to continue keeping interest rates low.
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