Michael Smith
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Tyson Foods Shuts Down Iowa Beef Plant Citing Over-Expanded Costs For Dairy Cattle
Springdale, Arkansas-based Tyson Foods has shut down one of its beef processing plants in Iowa, citing over-expanded costs of dairy cattle.
JetBlue Shares Boost Amidst Crude Oil Price Drop, Signaling Increased Growth
Shares of JetBlue Airways Corp. increased by 1.63 percent to $24.40 in afternoon trading on Monday, The Street reports, signaling the company's continually-increasing growth.
Xiaomi Breaks Smartphone Sales Record By Selling 800,000 Redmi Note 2 Models Within 12 Hours
Xiaomi Technology Co., based in Beijing, has once again broken sales records with a new achievement: the company sold over 800,000 models of the Redmi Note 2 within twelve hours of its release.
Amazon CEO Jeff Bezos Slams New York Times Description Of Workplace Environment
Amazon Chairman, President and Chief Executive Officer Jeffrey Bezos has criticized the New York Times for what he claims is an inaccurate description of the company's workplace environment.
New Target COO John Mulligan To Manage Stores, Properties And Supply Chain
Target Corp. Chief Executive Brian Cornell has appointed former finance chief John Mulligan as the company's new chief operating officer, the Wall Street Journal reports.
Walmart Plans To Have 11,000 Stores In 27 Countries By The End Of This Year
Walmart, one of the world's largest multinational retail corporations, plans to have 11,000 stores in 27 countries by the end of fiscal year 2015, MarketWatch reports.
Pinterest Now Offers 2.5 Million Products Available For Purchase With Buyable Pins
Pinterest, which launched its newest Buyable Pins feature last June, now offers 2.5 million products that are available for purchase through the site.
Albertsons Officials Pursue IPO Estimated To Rake In $100,000, Signaling Continued Growth
Albertsons Companies Inc., one of the largest grocery chains in the United States, is pursuing an initial public offering of its stock, National Real Estate Investor reports.
Business Software Supplier Infor Purchases GT Nexus For $675 Million
Infor Inc., one of the country's largest enterprise software companies, is set to purchase GT Nexus, the privately-owned cloud supply chain platform based in Oakland, Calif.
GameStop Grants $100,000 To 40 Recipients Of 'Power To The Scholars' Scholarship Program
American video game retailer GameStop has announced that it will grant $100,000 in scholarship money to 40 recipients of its "Power to the Scholars" program.
JetBlue Appoints Steve Priest To Vice President Of Structural Programs Position
JetBlue has appointed Steve Priest, former Senior Vice President for British Airways, to the position of VP of Structural Programs on Monday.
Tesla CEO Elon Musk Unveils 'Charging Snake' For Model S Vehicles
Elon Musk, the Chief Executive Officer of Tesla Motors, unveiled the new "Charging Snake" that is used for Model S electric vehicles, Discovery reports.
Verizon Simplifies Smartphone Package Deals, Starting With Fixed Cost For Unlimited Talk, Text And Data Usage
Verizon officials have announced plans to simplify its smartphone package deals, which will begin with offering customers a fixed cost for unlimited talk, text and data usage.
Netflix's Paid Maternity And Paternity Leave Time Period Surpasses Those Of Facebook And Google
Netflix announced on Tuesday that it will introduce a new maternity and paternity leave policy that grants employees an unlimited amount of time away from work during the first year following childbirth or adoption.
Disney Shares Drop 8 Percent Following Release Of Unfavorable 3rd Quarter Revenue Results
Shares of Walt Disney Co. dropped eight percent on Wednesday following the release of its unfavorable third-quarter results.
McDonald's Launches 'Create Your Taste' Campaign, Allowing Customers To Customize Their Orders
McDonald's has launched a new sales campaign that allows visitors of their locations to customize their orders.
Chipotle Could Double Number Of Locations In Coming Years: Analyst
Morgan Stanley analysts expect Chipotle to double its number of locations in coming years, Business Insider reports. The Mexican Grill boasts over 1,700 venues and hundreds of new locations under development.
Tyson Foods Shares Drop By Nearly 11 Percent Amidst Export Market Disruptions In Beef Industry
Shares of Tyson Foods, the largest meat processing company in the United States, dropped by nearly eleven percent this week amidst disruptions in the beef industry as a whole.
Audi, BMW And Daimler AG To Purchase Nokia's 'Here' Mapping Service
Audi, BMW and Daimler AG (the parent company of Mercedes-Benz) are set to purchase Nokia's "Here" application, which serves as a digital mapping service for drivers, USA Today reports.
Sears Holdings Corp. Reports 13.9 Percent Same-Store Sales Drop
Sears Holdings Corp. officials have reported that the company's total sales fell 13.9 percent at Sears locations and 6.9 percent at Kmart venues, Bloomberg reports.
Whole Foods Revenue And Earnings For Fiscal 3rd Quarter Fall Below Analyst Expectations
Whole Foods officials reported revenue and earnings for the fiscal third quarter that fell below the expectations of many financial analysts.
NBCUniversal Plans $250 Million Deal To Invest In BuzzFeed, Valuing The Site At $1.5 Billion
NBCUniversal, one of the country's largest multimedia corporations, is planning to invest $250 million in BuzzFeed, the New York Times reports. The deal values the online media company at $1.5 billion.
Pinterest E-Commerce Partner Demandware Announces Launch Of 'Buy It' Buttons
Developers at Demandware, one of the companies that is partnering with Pinterest for the launch of its e-commerce platform, have announced the release of "Buy It' buttons that allow users to purchase items directly from the pints.
Albertsons Officiails To Hire Over 1,400 Part-And Ful-Time Employees In SoCal
Albertsons officials are expected to hire over 1,400 part-and full-time workers in Southern California in the last two quarters of fiscal year 2015, the OC Register reports.
Ford Reports Quarterly Profit Of $2.6 Billion In North America
Ford Motor Co. officials have reported a quarterly profit of $2.6 Billion from North America, the Associated Press reports.
Volkswagen Brand Sales Drop 2.6 Percent Compared To 4.4 Percent Overall Industry Increase In 1st Half Of 2015
Sales of the Volkswagen brand have dropped 2.6 percent compared to the 4.4 percent overall automobile industry increase for the first half of 2015.
Health Insurance Giant Anthem Reported To Announce $48 Billion Cigna Acquisition Deal Later This Week
One of the largest health insurance companies in the United States is about to get even larger. One of the largest health insurance companies in the United States is about to get even larger.
Chipotle Net Income Increases 27 Percent To $140.2 Million: Second-Quarter Report
Chipotle, one of the fastest-growing restaurant chains in the United States, is continuing to maximize profits amidst global expansion.
Vetr Upgrades JetBlue Airways Shares From 'Sell' To 'Hold' Rating
Investment research platform Vetr, which frequently provides crowd sourced ratings on company stock, has upgraded JetBlue Airways shares from a "sell" to "hold" rating.
Xiaomi Releases Mi Headphones In India Amidst Revenue Slowdown
China-based Xiaomi has released Mi Headphones and Mi In-Ear Headphones in India, First Post reports.