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Economist: Western Oil Firms Must 'Innovate Or Die,' Iran Can Produce Oil For $1 A Barrel
Tuesday, December 29, 2015 - 10:45am | 330Read More...Anatole Kaletsky, an economist and journalist wrote an op-ed in The Guardian which argued that western oil firms must "innovate or die." According to Kaletsky, western oil companies have already announced investment reductions of around $200 billion throughout 2015 amid low oil prices...
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Report: Amazon, eBay Allegedly Dodging Taxes In UK, Government Is Now 'Looking At All Possible Actions'
Tuesday, December 22, 2015 - 3:59pm | 267Read More...Top tax officials in the UK are taking a close look at Amazon.com, Inc. (NASDAQ: AMZN) and eBay Inc (NASDAQ: EBAY)'s business practices in the country, according to The Guardian An investigation found hundreds of high-value items, such as Apple watches, iPads, among others were being sold...
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'Star Wars: The Force Awakens' Heads The Biggest Box Office Weekend Of All Time
Monday, December 21, 2015 - 9:48am | 362Read More...As widely anticipated, Walt Disney Co (NYSE: DIS)'s "Star Wars: The Force Awakens" closed the three-day weekend with an impressive total of an estimated $238 million in the United States. Combined with the international total, this brings the worldwide box office haul to $517...
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Report: Starbucks, Fiat Chrysler Found To Be Illegally Avoiding Taxes; Amazon, Apple Could Be Next
Tuesday, October 20, 2015 - 1:55pm | 372Read More...The European Union completed a 15-month investigation into multi-national companies setting up tax shelters. The report noted Starbucks Corporation (NASDAQ: SBUX) made the Netherlands its European hub, while Fiat Chrysler Automobiles NV (NYSE: FCAU) has been taking advantage of an internal...
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Did Apple Intentionally Leak Its Self-Driving Car?
Tuesday, August 18, 2015 - 7:50am | 571Read More...Apple Inc. (NASDAQ: AAPL) is thought to be exploring self-driving car development after The Guardian reported that company engineers met with officials from GoMentum Station, a "high-security testing ground for autonomous vehicles." Not everyone believes this report has confirmed...
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Apple 'Well Positioned' In Self-Driving Car Market
Monday, August 17, 2015 - 11:54am | 375Read More...The Guardian recently reported that Apple Inc. (NASDAQ: AAPL) is indeed building a self-driving car and is looking for test locations. According to a public records act request, The Guardian obtained a "correspondence" by Apple's engineer Frank Fearon who wrote : "We would...
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No Deal In Thursday's Greek Bail-Out Talks
Thursday, June 18, 2015 - 3:38pm | 331Read More...It was no deal again Thursday for Europe's finance ministers seeking an agreement to keep Greece in the eurozone. European heads of state are expected at a meeting Monday called by European Council President Donald Tusk, according to multiple reports concerning the four-hour meeting. A current...
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New SeaWorld Lawsuit Says Orcas Are Caged In 'Chemical Tubs'
Monday, April 13, 2015 - 9:38am | 291Read More...SeaWorld Entertainment Inc (NYSE: SEAS) is facing its second lawsuit in a span of three weeks, according to The Guardian. The Guardian detailed a new federal class action lawsuit has been filed against SeaWorld in the state of Florida that accuses the company of drugging its performing killer...
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15 Women Championing The Media Revolution
Thursday, April 2, 2015 - 12:45pm | 2182Read More...The rapid decline of the newspaper business over the past couple of decades was a major hit to the media world, but there are new and powerful forms of media that have gained an immense amount of traction on the digital frontier. Websites like Buzzfeed and Gawker are embracing wit, snark and...
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Swiss National Bank Introduces Negative Interest Rates
Friday, December 19, 2014 - 10:26am | 236Read More...The Swiss National Bank (SNB) has imposed negative interest rates in order to maintain its exchange rate of CHF 1.20 per euro. The new rate of –0.25 percent applies to sight deposit account balances at the SNB, with the aim of taking the three-month Libor into negative territory. Negative...
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Revealed: Pentagon Spent Millions Conducting Social Media Research
Thursday, July 10, 2014 - 9:47am | 674Read More...Facebook (NASDAQ: FB) isn’t the only entity involved in social media research. The Guardian revealed Tuesday that the U.S. military’s Defense Advanced Research Projects Agency (DARPA) recorded and analyzed Twitter (NYSE: TWTR) activity as part of a program to understand the influence of...
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Fox Copyright Suit Vs. DISH Hearing Set For July 7 In Wake Of Aereo Ruling
Monday, June 30, 2014 - 2:23pm | 266Read More...Twenty-First Century Fox (NASDAQ: FOXA) will ask a federal appeals court to order a preliminary injunction in its copyright infringement suit against DISH Network (NASDAQ: DISH). Fox's request was denied in September 2013; an appeal is set for July 7. Fox is hoping last week's Supreme...
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CES 2014 Preview: 5 Things To Expect
Monday, January 6, 2014 - 9:40am | 174Read More...The Consumer Electronics Show is about to begin. Are you ready? Numerous announcements are expected to be made, but it's the future world technology (such as flexible displays or glasses-free 3D televisions) that consumers are really excited about. Sony (NYSE: SNE) and Samsung (OTC: SSNLF) are...
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Did Apple's iPhone Cause a "Crisis in Design" for Samsung?
Tuesday, August 7, 2012 - 8:40am | 409Read More...In the ongoing patent battle between Apple (NASDAQ: AAPL) and Samsung, Apple's legal team claims that the iPhone created a "crisis in design" at Samsung after the product was released. According to the Guardian, Samsung strategy chief Justin Denison responded by saying that Apple's claims are...
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Was This the First Hedge Fund Trade?
Thursday, July 5, 2012 - 3:38pm | 180Read More...By uncovering a multi-million-dollar jackpot, two men may have unearthed one of the first hedge fund trades. According to The Guardian (via iO9), Reg Mead and Richard Miles found 50,000 silver and bronze coins while searching a field in Jersey. "We are talking about searching for 40 to 50 hours...












