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Price War: Walmart Is Latest to Drop Price of iPhone 5c

Price War: Walmart Is Latest to Drop Price of iPhone 5c

Apple, Inc.(NEW YORK) — The iPhone 5c price drop war is on. After Best Buy announced Thursday that it was planning to offer Apple’s iPhone 5c for $50 with a two-year contract — nearly half of Apple’s $99 price — Walmart has announced that it will of…

Study: Craigslist Took $5 Billion in Classified Ads from Newspapers

Study: Craigslist Took $5 Billion in Classified Ads from Newspapers

iStockphoto/Thinkstock(NEW YORK) — A new study from New York University and Harvard Business School found that Craigslist has taken as much as $5 billion from local newspapers by providing online classified advertising services.The report was headed b…

AOL CEO Apologizes for Firing Employee During Conference Call

AOL CEO Apologizes for Firing Employee During Conference Call

Photo by Craig Barritt/Getty Images for AOL(NEW YORK) — AOL CEO Tim Armstrong issued an awkward apology in a memo to his staff after firing an employee for taking a photo of him during a tension-filled conference call last week.On Friday, Armstrong fi…

Euro Zone Sees End to Six Quarters of Recession

Euro Zone Sees End to Six Quarters of Recession

iStockphoto/Thinkstock(NEW YORK) — After six consecutive quarters of economic contraction, the European Union’s combined gross domestic product rose in the most recent quarter.According to the Wall Street Journal, the combined GDP of the European Unio…

CVS to Check IDs for Purchase of Nail Polish Remover

CVS to Check IDs for Purchase of Nail Polish Remover

Aaron M. Sprecher/Bloomberg via Getty Images(NEW YORK) — CVS plans to start checking identification for the sale of nail polish remover.Similar to Sudafed and other cough medicines, nail polish remover is an ingredient often used to make methamphetami…

Powerball Jackpot Set at $300 Million for Saturday Drawing

Powerball Jackpot Set at $300 Million for Saturday Drawing

SAUL LOEB/AFP/Getty Images(NEW YORK) — The odds of picking the winning Powerball ticket might be one in 175.2 million, but that doesn’t stop jackpot junkies across the country from employing their own superstitious tactics in hopes of matching the six…

Postal Service Considers Cutting Into Alcohol Shipping Business

Postal Service Considers Cutting Into Alcohol Shipping Business

Photo by Kevork Djansezian/Getty Images(NEW YORK) — As the U.S. Postal Service faces $15 billion in losses this year as fewer people send mail, one of the ways it hopes to raise money is by shipping alcohol.Private carriers have been shipping alcohol …

Publicis, Omnicon Merge to Become World’s Biggest Ad Firm

Publicis, Omnicon Merge to Become World’s Biggest Ad Firm

Fuse(NEW YORK)  — Omnicon and Publicis announced Sunday that they would be merging and creating the largest advertisng company in the world, BBC News reports.
Together, Omnicom, a U.S. firm, and Publicis, a French firm, will be worth $35.1 billio…

Only 28 Percent of Millionaires Think They’re Rich, Study Finds

Only 28 Percent of Millionaires Think They’re Rich, Study Finds

iStockphoto/Thinkstock(NEW YORK) — If you had investments worth a million dollars, would you consider yourself rich? How about $5 million? Well, hold to your wallet because a new study has found that the majority of millionaires don’t consider themsel…

FAA Proposes to Fine Boeing $2.75M For Quality Control Violations

FAA Proposes to Fine Boeing $2.75M For Quality Control Violations

Stephen Morton/Bloomberg via Getty Images(WASHINGTON) — The U.S. Department of Transportation’s Federal Aviation Administration has proposed fining Boeing Co. $2.75 for its failure to uphold its quality control system to FAA standards.
The civil…

Sushi Most Expensive in New York, Greenwich, Conn.

Sushi Most Expensive in New York, Greenwich, Conn.

iStockphoto/Thinkstock(NEW YORK) — Sushi is most expensive on average in New York City, while the pricest specialty rolls can be found in Greenwich, Conn., according to Bloomberg’s latest “Sushinomics” indexes.
New York topped the &l…

Actual Schindler’s List Being Auctioned on eBay

Actual Schindler’s List Being Auctioned on eBay

iStockphotot(NEW YORK) — Schindler’s list — the document, not the movie — is being auctioned on eBay with a hefty starting price of $3 million.
The auction was launched at 9 p.m. EST on Friday and will run until July 28, according to the d…

Mover Gets One, 2,000-Year-Old Coin as a Tip

Mover Gets One, 2,000-Year-Old Coin as a Tip

iStockphoto(NEW YORK) — Getting a one coin tip after hours of backbreaking manual labor in the middle of a heatwave might be an insult, but a professional mover who got just that on Tuesday isn’t complaining — because the coin dates from 31 B.C.
The …

Hooters Revamps its Logo

Hooters Revamps its Logo

Hooters(NEW YORK) — Chain restaurant Hooters is revamping its iconic 30-year-old logo to feature a leaner, meaner owl.
Still, true to the restaurant’s positioning in the food service space, the sexual imagery is staying, says Dave Henninger, chief mar…

Royal Baby Promises to Boost England’s Economy

Royal Baby Promises to Boost England’s Economy

iStockphoto(LONDON) — England’s tourism industry is happily awaiting the soon-to-be royal baby as the Duchess of Cambridge prepares to give birth.
Proceeds from tourism and product sales related to the birth are expected to pump nearly $400 million do…

Twinkies Return to Store Shelves Early at Wal-Mart

Twinkies Return to Store Shelves Early at Wal-Mart

Photo by Justin Sullivan/Getty Images(NEW YORK) — Hostess Brands LLC has begun to return Twinkies to some store shelves three days ahead of the announced national roll-out.Twinkies are already available at many Wal-Mart stores, despite previous announ…

Founder and Chairman of Bose Corporation Dead at 83

Founder and Chairman of Bose Corporation Dead at 83

iStockphoto/Thinkstock(NEW YORK) — You may have his sound in your home, Amar Bose, the founder and chairman of the Massachusetts-based audio technology company that bears his named has died at age 83.Bose began to study acoustics at the Massachusetts …

Financial Advice Company Morningstar Announces It Was Hacked

Financial Advice Company Morningstar Announces It Was Hacked

iStockphoto/Thinkstock(NEW YORK) — The investment research provider Morningstar announced it discovered a cyber-break-in that may have compromised email addresses, passwords, and credit card numbers of nearly 200,000 clients.
According to the company,…

Facebook COO Was Supposed to Take Plane that Crashed in San Francisco

Facebook COO Was Supposed to Take Plane that Crashed in San Francisco

Chris Ratcliffe/Bloomberg via Getty Images(SAN FRANCISCO) – Facebook’s Chief Operating Officer Sheryl Sandberg was originally supposed to have been on the Asiana Airlines flight that crash landed at San Francisco International Airport Satur…

Interior Department Makes Solar Land Grab

Interior Department Makes Solar Land Grab

Digital Vision/Thinkstock(WASHINGTON) — Federal officials have taken more than 300 acres of public lands out of contention for mining to promote the development of renewable energy.
The Interior Department withdrew the public lands in Arizona, Califor…

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