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FDA issues new rules for food chains, will put calorie counts on menus
Soon, consumers will no longer be able to ignore the number of calories in most of the foods they buy when they eat out. …
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Marketers of sugary drinks still aggressively target U.S. children, report finds
Even though Beverage companies like Coca-Cola and PepsiCo have pledged to advertise less to children, they still continued to remain a key target for marketers …
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Hewlett-Packard unveils new 3D printer and Sprout desktop PC
At an event in downtown New York City, HP announced its much anticipated leap into three-dimensional printing technology for large companies and an interactive …
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Warren Buffett could possibly lose $1 billion as IBM Stocks Tumble
This come just after Warren Buffet admitted to having made a “huge mistake” by buying a near four percent stake in Tesco PLC. The …
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Philips Posts Losses of $142.82 million
Dutch technology giant Philips has reported a loss of 104 million euro ($142.82 million) at its third-quarter earnings call, chiefly because of the expensive …
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Microsoft may unveil a smartwatch within the next few weeks
According to a Forbes report, Microsoft’s foray into the wearable tech market is imminent and the software giant is getting ready to launch a …
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IBM to pay $1.5bn to Hive off failing Chip Division
International Business Machines Corp. (IBM) has agreed to pay Globalfoundries Inc. $1.5 billion to split off its loss-making semiconductor unit, as indicated by two individuals …
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CF Indusries and Yara International Call off Merger Discussions
On Friday, two of the biggest fertilizers companies in the world, ended merger talks, after both the companies couldn’t mutually agree on terms. The …
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Roche Sales Promise Solid Growth, Pumped by Cancer Drugs
Swiss drug-maker Roche Holding AG on Thursday revealed a 2 percent rise in its third-quarter sales, pumped by strong demand for its cancer drugs …
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Amazon Beefs up Holiday Season Hiring, adds 80,000 Jobs Nationwide
Amazon.com plans to boost hiring of thousands of seasonal staff in the U.S. this holiday season, to meet the expected swarm from herculean holiday …
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Facebook and Apple Offer to Pay for Women Employees to Freeze Eggs
Silicon Valley giants Apple and Facebook, famed for their extravagant perks such as concierge services, massages, in-office haircuts are now adding a new perk …
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Skype launches video messaging app Skype Qik for Android, iOS, and Windows Phone
On Tuesday, Microsoft-owned Skype released Skype Qik, a new social app that makes sending short videos extremely easy. The app is free and available …
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Trouble Brewing at Citigroup, Pulls out of 11 Countries, Co-President Medina-Mora Plans to Leave
Citigroup Inc., the third-largest U.S. bank, that makes most of its income from overseas markets, has unveiled plans to pull out of consumer banking …
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Google Expands U.S. Shopping Service To Multiple Cities, Introduces Membership Fee
Google, which launched their Google Shopping Express service last year is now changing the way the service works and also expanding it to more …
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Swiss firm Geberit offers to buy Finnish Sanitec for $1.35 Billion
Geberit of Switzerland, maker sanitary equipments, said it would buy Sanitec Corporation, Finnish maker of toilets and bathroom ceramics, for $1.4 billion in cash, in …
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Economics Lessons from the Latest Nobel Laureate Jean Tirole
On Monday, Jean Tirole, a 61-year old professor at France’s Toulouse University, was honored with the $1.1 million Nobel Memorial Prize in Economic Sciences …
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Apple Pay is scheduled to go live on October 18 in Walgreens stores, leaks claim
Apple Pay which was announced alongside the iPhone 6 last month is going to be available in Walgreens stores across the United States beginning Saturday, October 18, …
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Apple Supplier GT Advanced to shut down operations in Mesa, Arizona
GT Advanced Technologies, the company contracted to supply Apple with sapphire display for the upcoming Apple Watch, petitioned for bankruptcy on Oct. 6, and …
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Amazon Inc. tills may soon start ringing on Fifth Avenue, NY
Fifth Avenue in Manhattan where the tills never stop ringing and where customer is the ultimate king is now welcoming a Martian in high …
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Symantec might be the next Silicon Valley company to split up
Symantec in presently exploring alternatives to split the company into two separate entities, one unit handling data storage and the other software security, individuals …
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HTC unveils the Desire EYE, its 13-megapixel selfie phone
Taiwan-based handset maker HTC unveiled a smartphone designed to take better selfies than any other device. At a press event in New York, the …
