J.C. Penney to Close 33 Stores and Cut 2,000 Jobs
It was announced on Wednesday that J.C. Penney Co. will close 33 of its stores, cutting 2,000 jobs, according to…
business news
Google Purchases Nest for $3.2 Billion
It was announced on Tuesday that Google has purchased Nest for $3.2 billion in cash, according to a report from…
JPMorgan Agrees to Pay $1.7 Billion to Victims of Madoff Ponzi Scheme
It was announced on Tuesday that JPMorgan Chase & Co is going to pay $1.7 billion in penalties in order…
Pfizer and General Counsel Amy Schulman Split
It was announced via a press release from Pfizer Inc. that general counsel Amy Schulman will be leaving the company.…
‘Black Friday’ Feels like a Month
In a growing trend of 'Black Friday ' one-upmanship, online and retail stores have begun the cycle of luring consumers…
Wegmans to Cut Health Benefits in Wake of Obamacare
Popular Northeastern grocery chain Wegmans has announced that in 2015, a year after President Barack Obama’s health care initiatives take…
Twinkies Return as Hostess Rises from the Ashes
Twinkies are back! The brand that brought us such a suggestively named range of products – Twinkies, Ding-Dongs, Snow-Balls, Ho-ho’s…
Colin Stretch Named Facebook General Counsel
Yesterday Menlo Park-based Facebook announced that Colin Stretch will has been promoted to General Counsel for the company. Stretch currently…
Chipotle Labels GMOs On its Ingredient List
As the public eye focuses ever more harshly on the practice of genetically modifying food, Chipotle has joined other national…
Tivo Settles Patent Suit with Time Warner, Cisco, and Motorola
A patent dispute between Tivo and Cisco, Motorola Mobility, and Time Warner Cable was settled this morning for $490 million.…
Did Taco Bell Serve Tongue-Tickled Tacos?
Would you like some saliva on your tacos? One Taco Bell employee thinks you certainly do! A photo posted to…
Ben & Jerry’s Removes GMO From its Products
Left leaning ice cream manufacturer Ben & Jerry’s is one of the most radical companies in the United States, frequently…