Michael Smith
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Pinterest’s New ‘Buy Button’ Feature Includes Deals With Nordstrom And Macy’s
Pinterest officials have launched a new "buy button" feature for the company's website, which includes deals with major retailers among the ranks of Nordstrom and Macy's.
Raytheon Receives $20 Million From Pentagon For Development Of Hypersonic Missile
Raytheon Corp. is set to receive $20 million from the Defense Advanced Research Projects Agency of the Pentagon for the development of a new high-tech weapon: a hypersonic cruise missile.
Wells Fargo Maintains Lead In U.S. Banking Retail Locations Despite Decline In Philadelphia Growth
Wells Fargo has maintained its lead as the United States banking institution with the largest number of retail locations across the country despite a decline in growth in Philadelphia.
Tesla Motors Surpasses Chrysler In Market Value Estimates By Approximately $10 Billion
Tesla Motors is reported to have a market cap of $31 billion, surpassing Chrysler's market value estimate of $21 billion.
McDonald’s Officials Plan To Stop Disclosing Monthly Sales Figures Later This Summer
McDonald's Chief Executive Officer Steve Easterbrook revealed during a recent investor conference in New York that McDonald's will stop disclosing monthly sales figures beginning July 1, the Wall Street Journal reports.
Snapchat Official Announces IPO Plans Following $15 Billion Valuation
Snapchat Chief Executive Officer Evan Spiegel revealed on Tuesday that the company may soon go public.
Dollar Surges Against Competitor Currencies Following Janet Yellen's Interest Rate Announcement
The United States dollar has reached an almost eight-year high against Japan's yen, and several other competitor currencies, following an announcement made by Federal Reserve Chair Janet Yellen last week.
TiVo Reports Better-Than-Expected Profit And Revenue For Last Quarter
The digital video recorder company TiVo has reported revenue and profit results for the first quarter of fiscal year 2015 that exceeded analyst estimates.
The FCC Will 'Look To See How American Consumers Would Benefit' From Charter's Proposed $56 Billion Acquisition Of Time Warner
The Federal Communications Commission is planning to "look to see how American consumers would benefit" from a proposal submitted by Charter Communications to purchase Time Warner Cable for $56 billion.
Re/code To Collaborate With The Verge Following Vox Media's Acquisition
Vox Media has announced that it is in plans to acquire Revere Digital, the parent company of the Re/code technology website.
How Hackers Accessed 100,000 IRS Tax Accounts In Security Breach
Online hackers recently breached the Internal Revenue Service's website, accessing personal information from approximately 100,000 tax accounts.
Government Investigation Could Lead To Criminal Prosecution Of Company Allegedly Responsible For Santa Barbara Oil Spill
Municipal, state and federal government officials have launched an investigation of the recent California oil spill, which could lead to the criminal prosecution of company officials who are said to be responsible.
Microsoft Drops Bid For Salesforce Following $70 Billion Request
Microsoft officials have dropped their bid for ownership over global cloud computing company Salesforce following Chief Executive Officer Marc Benioff's price tag request of $70 billion.
McDonald's Protestors Demand $15 An Hour And A Union At Oak Brook Headquarters
McDonald's has come under increasing pressure to improve working conditions for employees: hundreds of protesters rallied around the company's Oak Brook, Ill. headquarters on Wednesday, demanding $15 an hour pay as well as a union.
BP Ends Conflict Over 2010 Deepwater Horizon Oil Spill With Transocean And Halliburton
BP PLC has ended its conflict over the 2010 Deepwater Horizon Oil Spill with the oil-services firms Transocean Ltd. and Halliburton Co., the Wall Street Journal reports.
Urban Outfitters' First Quarter Earnings Fall Below Estimates
Urban Outfitters officials have reported first quarter earnings for fiscal year 2015, revealing lower-than-expected results.
Starbucks And Spotify's Partnership Provides Free Playlists To Store Locations
Spotify has revealed plans for a subscription service and branding deal with Starbucks that provides free playlists to several locations, while promoting registration for the streaming application.
San Francisco City Officials Mull Over Regulations On Short-Term Housing Rental Companies
San Francisco City Hall officials are deliberating on proposed regulations to short-term housing rental companies such as Airbnb.
General Motors' Warren Technical Center Renovation Expected To Generate 2,600 New Salaried Jobs
General Motors officials are planning to spend $1 billion for the rennovation of its aging Warren Technical Center, which is expected to generate 2,600 new salaried jobs, according to the Wall Street Journal.
J.C. Penney To Begin Selling Sephora Products Online Later This Month
J.C. Penney will begin selling Sephora products online by later this month, Reuters reports, adding that the company plans to add more outlets in locations across the country.
Wal-Mart's New Unlimited Shipping Service Delivers Products To Customers Within Three Days
Wal-Mart is in the planning stages of launching an unlimited online shipping service later this summer, which promises to deliver products to customers within three days.
IBM Corp. Expands Ad Campaign Reach With Facebook Partnership
IBM Corp. officials and their counterparts over at Facebook have launched a partnership designed to bring personalized data about customers to the technology and consulting corporation's marketing cloud clients.
Wendy’s Officials Hope To Make Up To $475 Million By Mid-2016 Through The Sale Of Restaurants To Franchisees
Wendy's officials are hoping to raise up to $475 million by mid-year 2016, the Wall Street Journal reports, citing company plans to sell 640 company-owned restaurants to franchisees.
Herbalife Shares Jump After Better-Than-Expected Earnings Announcement
Shares of Herbalife Ltd. increased by as much as 17 percent on Tuesday, despite recent complications with federal investigations and sluggish growth.
Microsoft’s Speculated Salesforce Bid Sparks 6.2 Percent Stock Jump For Enterprise Platform
Microsoft officials are speculated to announce a sales bid for Salesforce.com, an enterprise platform for cloud software, leading to shares of the latter jumping by 6.2 percent on Tuesday.
Netflix Officials Urge FCC To Block AT&T’s DirecTV Purchase
Netflix officials have written a letter to the Federal Communications Commission (FCC) asking them to block AT&T's recent purchase of DirecTV.
Sprint Remains The Third Largest Mobile Network Company In The United States
Mobile network company Sprint remains the third largest major carrier within the industry, following an almost six-month-long period of increased subscriptions.
Wells Fargo Accused Of Fraudulent Banking Practices, Including Withdrawing Money From Customers Without Permission
Wells Fargo has been accused of fraudulent banking practices, including withdrawing money from customers without their permission in order to satisfy sales quotas.
Walt Disney Quarterly Profits Surpass Estimates With Consumer Product And Theme Park Revenue
Walt Disney's quarterly profits surpassed estimates postulated by several analysts, mainly due to revenue coming in from consumer products and theme park locations, the Financial Times reports.
McDonald’s Restructuring Strategy Includes Plan To Increase Franchise-Owned Locations From 81 To 90 Percent
McDonald's Chief Executive Officer Steve Easterbrook has announced a restructuring strategy aimed at revamping the fast food chain's branding and business model.
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