Archive for Lisa Kingston

Bayer Ending Sales Of Essure Birth Control Device

Bayer said that it will stop selling the Essure birth control implant device in the U.S. at the end of the year due to weak sales. The United States was the only country where the device was still being sold. The company has already ended sales of the device in England, Brazil, Canada, France and […]

Starbucks Opening Its First Sign Language-Focused Store In US

Starbucks (NASDAQ: SBUX) has announced that it will be opening its first ever signing store in the United States. The company plans to hire 20 to 25 deaf, hard of hearing and hearing partners from across the country to work at the store. All employees of the location will be required to be proficient in […]

Adidas Embraces Sustainability With Recycled Plastic Pledge

Adidas has made an announcement that it plans to only be using recycled plastics by 2024. Starting this year, the company will stop using virgin, or newly manufactured, plastic in its clothing, offices, retail outlets, warehouses and distribution centers. The move will save an estimated 40 tons of plastic annually, according to a statement from […]

Twitter Accounts Purge Causes Large Drops In Followers

Twitter’s (NYSE: TWTR) most recent accounts purge has taken a big bite out of the follower numbers of some of the biggest accounts on its site. The purge, undertaken as an effort to clean up the social media platform, was expected to impact many of the accounts on the platform as it went on through […]

Government To Appeal Approval Of AT&T – Time Warner Merger

A judge’s approval of AT&T’s (NYSE: T) purchase of Time Warner is being appealed by the Justice Department. Craig Conrath of the Justice Department’s antitrust division filed notice that the government would appeal the ruling to the U.S. Circuit Court. Now the case will go to the D.C. Circuit Court of Appeals, where a three-judge […]

More Than 100 Sickened By Honey Smacks Cereal

According to the US Centers for Disease Control and Prevention, more than 100 people have gotten sick from recalled Kellogg’s Honey Smacks cereal. The multistate outbreak of salmonella illness linked to the cereal has now reached 33 states. Florida and Colorado are the latest states to report illnesses as part of the outbreak. People have […]

Starbucks Phasing Out Plastic Straws By 2020

Global coffee giant Starbucks (NASDAQ: SBUX) has announced that it will be eliminating plastic straws from all of its stores by 2020. Instead of continuing to use its current flat lids with straws, the company is switching over to lids that have a raised lip you can drink from. The new lids will begin rolling […]

Samsung Opens World’s Largest Mobile Phone Factory in India

Samsung Electronics Co. (SSNLF) has created the world’s largest mobile phone factory in India. The factory was opened by Indian Prime Minister Narendra Modi and South Korean President Moon Jae-in in an elaborate inauguration event. Samsung India CEO HC Hong described the factory as a “symbol of Samsung’s strong commitment to India and a shining […]

Over 200 Sickened By Del Monte Vegetable Trays

Del Monte-branded pre-packaged vegetable trays have been linked to a parasite that has sickened more than 200 people across the Midwest. Those affected have been diagnosed with cyclosporiasis, an intestinal infection caused by the cyclospora parasite. The earliest reported symptoms in this outbreak began on May 14 and the outbreak was first tracked by the […]

US–China Tariff Threats Become A Reality

US President Donald Trump has announced that tariffs on $34 billion worth of Chinese goods will kick in at 12:01 a.m. EST on Friday morning, which is just after midday in China. Customs officials will start collecting an additional 25 percent tariff on certain imports from China The tariffs target more than 800 different items, […]

Hawaii Bans Sunscreens Containing Coral Harming Chemicals

This week, Hawaii became the first state in the nation to ban the sale of sunscreens containing coral harming chemicals. Hawaii Gov. David Ige signed legislation, which state lawmakers passed in May, banning sunscreens with oxybenzone or octinoxate as ingredients. Gov. Ige said during the bill signing, “This bill is a small first step worldwide […]

Facebook Shutting Down Three Recently Purchased Apps

Facebook (NASDAQ: FB) has announced that it is shutting down three apps purchased by the company in recent years. One of the apps has only been in Facebook’s possession for eight months. The reason for closing all three apps was cited as “low usage.” One of the apps being shuttered is an anonymous social app […]

NSA Under Fire Over Illegal Call Records Collection

The National Security Agency (NSA) is under fire after a disclosure that the agency is in the process of destroying hundreds of millions of phone records it was not legally allowed to have. The purged records had been gathered from American telecommunications companies since 2015 through a system the agency created under the USA Freedom […]

Outdoor Air Pollution Linked To Increased Diabetes Risk

New research links outdoor air pollution to an increased risk of diabetes globally. The findings, published June 29 in The Lancet Planetary Health, examined the relationship between particulate matter and diabetes. The researchers found that air pollution was a major cause of as many as 3.2 million cases of diabetes a year. Diabetes is one […]

Verizon Go90 App Shutting Down

Verizon (NYSE: VZ) is shutting down its Go90 video app on July 31st. Go90 offered a mix of original short-form videos and licensed programming from official networks for free. Verizon spent more than $1.2 billion on the Go90 project. The Go90 team and its operations have been folded into Oath, Verizon’s new multimedia unit comprised […]

Harley-Davidson Say Tariffs Prompting Production Move

Harley-Davidson Inc. (NYSE: HOG) has announced that the production of motorcycles sold in Europe will move from U.S. factories to international facilities to avoid paying a recently enacted 25 percent tariff. In a regulatory filing, the company reported that EU tariffs on motorcycles exported from the U.S. have now jumped between 6 percent and 31 […]

Oil Producing Nations To Raise Output In July

The Organization of the Petroleum Exporting Countries has announced reaching an agreement with Russia and other oil-producing allies to raise oil output starting in July. The organization had previously announced an OPEC-only production agreement, but now non-OPEC oil producers have agreed to participate in the pact as well. The United States, which rivals Russia and […]

Instagram Launches New Video App

Instagram has rolled out IGTV, a new app specifically for long-form, vertical video. Everyone who has an Instagram account can start uploading and watching videos right away. The new features can be accessed through the new app or by clicking a new IGTV icon on the existing Instagram app. According to Instagram CEO Kevin Systrom, […]

Senate Defense Spending Bill Kills ZTE Deal

New iOS Has Enhanced Emergency Features

Apple has announced that the newest version of its operating system for the iPhone and iPad will contain enhanced emergency features to make it easier for users to get help in a crisis. The new features will be part of iOS 12, the upcoming software update for Apple devices. Apple unveiled iOS 12 and detailed […]

Rare Case Of Plague Diagnosed In Idaho

Idaho state health officials have announced that a child in the state has a confirmed diagnosis of bubonic plague. The child became ill late last month and has now received antibiotic treatment and is recovering. The Central District Health Department did not reveal the child’s name, age or gender. Health officials say that this was […]

Ohio’s Voter Purges Found To Be Legal

A deeply divided Supreme Court has ruled 5-4 that Ohio’s plan to purge voters from the state’s election rolls does not violate established laws. Under the plan in Ohio, the state would be purging voters who failed to vote for six years and did not confirm their residency. Ohio currently has the strictest such law […]

DNC Rule Change Angers Bernie Sanders Supporters

The Democratic National Committee’s Rules and Bylaws Committee has approved a prospective rule change aimed at preventing non-Democrats from seeking the party’s 2020 presidential nomination. At a DNC meeting in Providence, R.I., the committee embraced a rule change that requires all candidates for the party’s nomination to “run and serve” as Democrats. DNC member Randi […]

Starbucks Coffee Just Increased In Price

The price of buying brewed coffee at Starbucks (NASDAQ: SBUX) has just increased without much fanfare. The coffee chain has raised its prices by anywhere from 10 cents to 20 cents at nearly 8,000 U.S. locations. A 12-ounce “tall” brewed coffee will now cost between $1.95 and $2.15, depending on location. The prices for other […]

Billionaire David Koch Retiring From Business And Political Empires

Reports have emerged that billionaire David Koch has decided to retire from his family’s conglomerate, Koch Industries. He has served as executive vice president of the company and a member of its board. He also held the titles of chairman and CEO of one its subsidiaries, Koch Chemical Technology Group. He also is stepping aside […]

Canada Pays Half As Much For Drugs As U.S., Get Similar Results

A new study is showing what many people in the United States already believed. Americans routinely pay more for health care than people in other countries, but the added costs don’t equal better outcomes. In fact, the new study shows that Americans paid twice as much as Canadians for cancer treatments, but lived for about […]

Sears Holdings Announces More Store Closures

Sears Holdings (NASDAQ: SHLD) plans to close another 72 stores across the country. The closures are believed to represent about 8 percent of the company’s approximately 899 remaining stores. Sears said it would reveal the list of closures later this week. The company has been engaging in a virtually nonstop campaign of downsizing its Sears […]

New Pandora Offering Is Geared Towards Families

Music-streaming pioneer Pandora (NYSE:P) has quietly rolled out a new subscription tier for families on its on-demand Premium music streaming service. These Premium Family plans are now available for $15 per month. The new plan was first reported by Android Police. Pandora’s Premium Family plan can include up to six users, allowing more users to […]

New Executive Orders Change Protections For Federal Employees

President Trump has signed three executive orders aimed at civil-service protections that federal employees have enjoyed for nearly a generation. Trump made a campaign promise to overhaul the federal bureaucracy of more than 2 million employees to remove “waste, fraud and abuse.” These executive orders are widely seen as an initial step in that direction. […]

Summit Meeting Between U.S. And North Korea Cancelled

The White House has announced that the United States will not participate in a planned meeting with North Korea’s leader. The meeting with North Korean leader Kim Jong-un had been scheduled for June 12 in Singapore. President Donald Trump said, “I believe this is a tremendous setback for North Korea and, indeed for the world.” […]

Fifth Third Bancorp Buying MB Financial For $4.7 Billion

Fifth Third Bancorp (NASDAQ: FITB) has announced its latest acquisition. The regional bank has reached an agreement to buy rival MB Financial Inc. (NASDAQ: MBFI). The agreement will see Fifth Third paying about $4.7 billion for the company in a stock-and-cash deal. The closing of the deal is expected by the end of the year. […]

Tesla CEO Reveals New Model 3 Options

Tesla CEO Elon Musk has announced new options for the Tesla Model 3 via Twitter. His tweets revealed preliminary specs and pricing for dual-motor all-wheel-drive and performance versions of the vehicle. The new options should be available by July. Tesla’s dual-motor vehicles will have a motor in the front & a motor in the rear. […]

Apple Music Reports It Now Has 50 Million Users

Apple Music has announced that it has reached 50 million users, a significant milestone. Apple Music touted having 38 million subscribers in March, but that didn’t include the people listening with three-month free trials. Last month, the company reportedly passed 40 million subscribers, with 8 million free trials. Apple launched its Apple Music streaming service […]

Salmonella Outbreak Tied To Eggs Sickens Dozens In 9 States

A salmonella outbreak tied to Rose Acre Farms has now sickened nearly three dozen people. The Centers for Disease Control and Prevention has confirmed 35 people have been sickened by Salmonella braenderup, resulting in 11 hospitalizations. No deaths have been reported. The outbreak has mainly affected people in states along the East Coast. Salmonella is […]

Apple and Goldman Sachs Teaming Up For New Credit Card

Apple Inc. (NASDAQ: AAPL) and Goldman Sachs Group (NYSE: GS) are planning to bring a joint credit card to market. According to two people familiar with the companies’ talks, Apple and Goldman Sachs have been working for months on a new credit card product. They spoke on the condition of anonymity because the talks were […]

Drug Distributors Grilled About Opioids On Capitol Hill

The heads of major pharmaceutical distributors testified during a hearing on Capitol Hill about their companies’ roles in the opioid epidemic currently sweeping the nation. The pharmaceutical distributors are accused of flooding small U.S. towns with prescription painkillers. “We want to know what these companies knew about the rise of the opioid epidemic, when they […]

Hawaii’s Kilauea Volcano Eruption Displaces Hundreds

The Kilauea volcano on Hawaii’s Big Island has erupted, displacing hundreds from their neighborhoods and putting their homes in danger. The eruption sent a massive spiral of ash wafting into the air and at one point, lava fountains were shooting 150 feet high. The lava continues to bubble from a 500-foot crack, flowing through a […]

Spotify’s First Earnings Report Disappoints Investors

Spotify (NYSE: SPOT) reported its first quarterly earnings as a public company this week. Disappointing investors, the company is still losing money. Spotify reported a net loss of 169 million euros for the quarter, lower than the 173 million loss reported a year ago. The Stockholm-based streaming-music service reported sales of 1.14 billion euros, compared […]

T-Mobile To Acquire Sprint For $26 Billion

T-Mobile (NASDAQ: TMUS) has announced plans to acquire rival Sprint (NYSE: S) in a $26 billion all-stock deal. T-Mobile and Sprint are the two smallest of the four major wireless companies in the U.S. The deal would reduce the number of major wireless carriers to three. T-Mobile says the combined companies would have the resources […]

Amazon Prime Membership Price Increasing For Everyone

Amazon.com Inc. (NASDAQ: AMZN) is increasing the price of its annual Prime membership program by $20, from $99 to $119. The price increase will take effect on May 11 for new subscribers and on June 16 for renewals of existing accounts. Amazon has charged $99 annually for Prime since 2014. Before that, the cost of […]

Ford Ramps Up Cost-cutting, Ends Models

Ford Motor Co. (NYSE: F) has outlined a plan to cut costs and drop traditional sedan models in North America in a bid to boost profit margins at a faster pace than previously announced. The company now says that it will not invest in next-generation models of its traditional sedans for North America. CEO Jim […]

Scientists Develop ‘Am I Stoned’ App

A prototype app called “Am I Stoned?” aims to answer that very question. This could be helpful as legal marijuana becomes more accepted and widespread in the U.S. Knowing how impaired they really are may help marijuana users make safer choices about activities that may be difficult or dangerous while high. The researchers involved were […]

Wells Fargo To Pay $1B Over Customer Abuses

Federal regulators are fining Wells Fargo (NYSE: WFC) as much as $1 billion for customer abuses tied to its auto lending and mortgage businesses. The bank will pay $500 million to the Office of the Comptroller of the Currency and $500 million to the Consumer Financial Protection Bureau. The money paid to the Comptroller of […]

Comey Memos Released By Justice Department

The Justice Department has released redacted copies of a set of memos written by James B. Comey, the former F.B.I. director. Assistant Attorney General Stephen Boyd notified the chairs of at least six congressional committees that it was providing both redacted and un-redacted versions of the documents. Unredacted versions of the memos will be delivered […]

Diamonds Found In Meteorite Further Knowledge Of Solar System

Fragments of the Almahata Sitta meteorite has been found to contain tiny diamonds that indicate that it was once part of a large planet. Researchers suspect that these diamonds may have formed the same way diamonds do on Earth, in the unbelievably high temperatures and pressures of the interior of a planet. To create the […]

New Home-Flipping Program From Zillow Launches

Zillow Group Inc. (NASDAQ: ZG) has announced that it will start buying houses directly from sellers. Zillow will start investing in the properties itself, beginning with bidding on homes in Las Vegas and Phoenix. The company will use cash from its balance sheet to finance acquisitions. The first purchases will be made later this month. […]

Over 20 Million U.S. Users Affected By Uber Breach

Uber Technologies Inc. has recently revealed that a data breach targeting its systems affected more people than previously believed. The data breach exposed the names, phone numbers and email addresses of more than 20 million Uber users in the U.S. Officials said the stolen information included 25.6 million names and email addresses, 22.1 million names […]

Instagram Unveils New Focus Portrait Mode

Facebook-owned Instagram (NASDAQ: FB) has released its new portrait mode feature that now runs on a wider variety of phones and works with video too. The feature has now been rolled out globally on iPhone 6s, 6s+, 7, 7+, 8, 8+ and X, as well as select Android devices. It does not mention which Android […]

Tainted Synthetic Pot Blamed For Illinois Deaths

Severe side effects that caused two deaths and dozens of illnesses in Illinois have been tentatively linked to tainted synthetic pot. The horrific side effects included internal bleeding, severe bloody noses, and bleeding gums. The incidents occurred in the Chicago area and central Illinois in the past month. Investigators believe that the synthetic pot was […]

Nine West Seeks Chapter 11 Bankruptcy Protection

Nine West Holdings, owned by private-equity firm Sycamore Capital, is the latest retailer to file for bankruptcy. The company currently has more than $1 billion in debt owed to as many as 50,000 creditors, according to court documents filed in U.S. Bankruptcy Court in New York. Nine West Holdings CEO Ralph Schipani called the bankruptcy […]