Thanks to a recently-passed California law, both PepsiCo Inc. and Coca-Cola Co. are making changes to the caramel coloring that are in their sodas. The California law demands that drinks that have…
Category: Business
Olympus Takes Legal Action Against 19 Of Its Former and Current Employees
Olympus Corp. has taken legal action against 19 people including its president in regards to their roles in a $1.7 billion loss cover-up. The company is demanding in lawsuits that former president…
Indiana and Amazon Strike Deal On Sales Tax Collection, Collections To Begin In 2014
A deal has been reached between Amazon.com and the state of Indiana on the issue of sales tax. Beginning in 2014, Amazon.com will voluntarily start collecting sales tax on all sales. Indiana…
Apple Inadvertently Increases Popularity Of Samsung’s Australian Galaxy Tab Version
Korean electronics company Samsung gives thanks to Apple for all its free publicity due to the legal battle regarding the Galaxy Tab. According to Samsung Australia’s Telecommunications VP Tyler McGee, Apple inadvertently…
Netflix Got A Beatdown
Netflix, the most popular video rental and streaming company in the US just got a cold slap in the face as almost a million of its members canceled their subscriptions due to…
American Home Ownership at its Lowest Ebb Since Great Depression
More bad news has hit the American homeowners agenda as it was revealed that home ownership has dropped to the lowest point in decades, down to 65.1 percent. That’s the lowest since…
Growing Fears about Recession Causes World Stocks to Fall
Global stocks slid down again on Friday with the growing fear that another US recession is about to happen. There doesn’t seem to be a light at the end of the tunnel…
Might we have a case of sibling rivalry amongst the Zuckerberg clan?
It looks like a case of sibling rivalry as the sister of Facebook founder Mark Zuckerberg has reportedly handed in her resignation in order to start her own social networking empire. Randi…
Microsoft Corp. Posts Fourth-Quarter Profit
Microsoft Corp. has posted $17.4 billion fourth-quarter revenues and $6.2 billion profits that ended in June. This performance, which beats analyst expectations, was driven by strong sales of its Xbox console and…
Microsoft and Badu Combine Forces to Expand Web Search in China
Badu Inc. and Microsoft came up with a decision to combine their forces as they seek to gain Google users. This partnership happened after Google pulled its famous search engine out of…