News

Researchers Weigh Using Lasers To Contact Intelligent Life

Researchers at the Massachusetts Institute of Technology think laser technology could help intelligent life make contact with Earth. The researchers surmise that creating a 1- to 2-megawatt laser focused through a telescope could produce a light strong enough to be distinguishable from the energy produced by the sun. The researchers published their study in The […]

Alleged Chinese Spy Facing US Charges Of Economic Espionage

A Chinese intelligence officer has been charged with economic espionage for trying to steal American jet engine technology. The suspected Chinese spy, Yanjun Xu, was extradited to the United States from Belgium to face the charges. Xu, also known as Qu Hui and Zhang Hui, made his initial appearance this week in federal court in […]

E-Cig Maker Juul Has Documents Taken In Surprise FDA Inspection

The Food and Drug Administration has made a surprise inspection of the headquarters of Juul Labs, seizing “thousands of pages of documents,” according to release from the agency. The FDA called it an “unannounced on-site inspection.” Juul CEO Kevin Burns said that during the inspection, the company walked the FDA through “every part” of its […]

Researchers Create Most Accurate Map of Antarctica Ever

Researchers have compiled a new map of Antarctica’s surface from high-resolution photos collected over six years from satellites orbiting hundreds of miles above Earth. The new map, named the Reference Elevation Model of Antarctica (or REMA for short), was created by researchers at Ohio State University. The map was published online by the Polar Geospatial […]

Brazil Museum Fire Destroys Irreplaceable Artifacts

A huge fire at Brazil’s National Museum in Rio de Janeiro this weekend destroyed about 20 million items. The museum was one of the largest natural history museums in Latin America. Luiz Fernando Dias Duarte, a museum official, said that anything held in the main building was probably destroyed. No one was reported injured in […]

Trump Accuses Google Of Unfair Search Bias Against Him

President Donald Trump has claimed that Google’s search engine is biased and the results are rigged to feature overwhelmingly negative coverage of him and “others.” The president believes that Google suppresses conservative voices in a manner he called “very dangerous.” He then questioned whether Google’s actions were legal. President Trump posted on Twitter: “Google search […]

Foreigners Banned From Buying New Zealand Homes

A new law passed by New Zealand’s parliament bans many foreigners from buying most types of existing homes in the country. The Overseas Investment Amendment Bill, which prevents overseas investors from purchasing existing properties in New Zealand, was passed in a 63-57 vote. The new law must still receive royal assent, which is a formality, […]

Suspected Russian Agent Found In US’s Moscow Embassy

A suspected agent for the Russian government has been found working in the US Embassy in Moscow. The unidentified Russian woman worked for the Secret Service as a liaison between the agency and Russia’s law enforcement and intelligence agencies. The suspect reportedly worked in the embassy for more than a decade. A routine investigation in […]

New TSA Tracking Program Disclosed

The Transportation Security Administration (TSA) has been conducting a tracking program targeting ordinary Americans in airports since at least 2010, according to new reports. The program, called “Quiet Skies,” used small teams of air marshals to watch and record the actions of thousands of unsuspecting Americans before boarding and aboard flights. According to the reports, […]

Doomsday Cult Members Executed Over Subway Attacks In Japan

Japan has executed six members of a Japanese doomsday cult over gas attacks and other crimes committed in the 1990s. The members were the last ones remaining on death row for the crimes. Thirteen members of the group had received death sentences. The first seven were executed about three weeks ago. Justice Minister Yoko Kamikawa […]

New York City’s Lawsuit Against Fossil Fuel Companies Thrown Out

A federal judge has rejected New York City’s lawsuit against fossil fuel companies over climate change. The suit brought by the city would have forced fossil fuel companies to pay for some costs of climate change. Similar cases brought by San Francisco and Oakland were thrown out last month. The cases brought by New York, […]

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

Sinclair Broadcast Group Criticized For Fake News Promos

Sinclair Broadcast Group (NASDAQ: SBGI) is receiving considerable criticism over its decision to air a series of promos about the prevalence of fake news. Sinclair issued a company-wide directive for its stations’ news anchors to warn viewers about unsubstantiated news reports spreading via social media. The company said that the promos were part of a […]

Remington Gun Manufacturer Files For Bankruptcy

Remington Outdoor Company has declared bankruptcy. The bankruptcy filing comes a day after hundreds of thousands of Americans took to the streets to demand tougher gun laws to prevent school shootings. The protests were sparked by the mass shooting in Parkland, Florida in February that left 17 dead. Remington has been one of America’s leading […]

Reddit And Tumblr Caught Up In Russian Disinformation Campaign

The number of American tech companies involved in the Russian disinformation campaign prior to the 2016 U.S. presidential election keeps growing. Congressional investigators now plan to question Reddit and Tumblr over new reports that their sites may have helped spread disinformation from Russia. Last year, House and Senate lawmakers grilled the executives of Facebook, Google […]

Dick’s Sporting Goods Changes Gun Policies

Dick’s Sporting Goods (NYSE: DKS), one of the nation’s largest sports retailers, has announced that it is immediately changing some of its policies related to gun sales. The company will no longer sell any gun to anyone under 21 years of age, regardless of local laws. The retailer also said that it would no longer […]

Major Cyber Crime Ring Taken Down

The U.S. Justice Department has announced one of the largest-ever closures of a global cyber crime ring this week. The cyber crime ring trafficked in stolen identities and caused more than $530 million in losses to consumers. Deputy Assistant Attorney General David Rybicki said, “Today marks a significant step in the battle against transnational cyber […]

Qualcomm Fined $1.2B Over iPhone Chip Payments

Qualcomm (NASDAQ: QCOM) has been fined $1.2 billion by the European Commission for paying Apple billions to ensure Qualcomm chips were used in iPhones and iPads. The European Commission decided to fine Qualcomm the equivalent of 4.9 percent of its 2017 turnover for the anti-competitive behavior. The U.S. Federal Trade Commission is also investigating Qualcomm’s […]

Federal Government Shuts Down Over Spending Bill

Much of the federal government officially shut down early Saturday morning because Congress couldn’t come to an agreement on funding. Funding for the government was set to expire at midnight January 19. Shutdowns usually happen in times of divided government. This is the first time it’s happened with one party controlling both Congress and the […]

Italy’s Ferrero To Buy Nestle U.S. Candy Business

Italy’s Ferrero has agreed to buy the U.S. confectionery business of Swiss food group Nestle for $2.8 billion in an all-cash deal. The business has about $900 million in sales and represents roughly 3 percent of U.S. Nestle Group’s sales. The deal is expected to be completed near the end of the first quarter, Nestle […]

AT&T Not Selling Huawei Phones In Near Future

AT&T Inc. (NYSE: T) has reportedly canceled plans to sell smartphones made by Chinese electronics giant Huawei Technologies Co. The company was widely expected to announce that AT&T would partner to sell the device during its presentation at CES, one of the tech industry’s biggest shows. An anticipated deal between Huawei and Verizon is also […]

Macy’s Reports Strong Holiday Season

Macy’s Inc. (NYSE: M) said it had a “strong” holiday season and reported better-than-expected results for the period. Macy’s comparable sales rose 1 percent during the months of November and December compared with the same period last year. Top-selling items for the period included coats, sweaters, boots, and fragrances. Macy’s full-year sales are still expected […]

YouTube Gone From Amazon Devices

Alphabet’s Google (NASDAQ: GOOGL) has followed through on its threat to block Amazon (NASDAQ: AMZN) devices from accessing YouTube. The Google action affects all Fire TV devices, as well as the Echo Show, Amazon’s smart speaker device with a screen. Some users lost access as early as last week. The spat that led to the […]

Benefits Of Calcium And Vitamin D Supplements Questionable

A new study has found that taking calcium and vitamin D supplements may not provide the health benefits expected. Researchers are saying that there is little evidence in the medical literature showing that the pills help prevent bone fractures. The researchers based their findings on clinical trials, systematic reviews and other reports published over the […]

OkCupid Under Fire For Plan To Enforce Real-name Rules

OKCupid recently released an open letter announcing that the company will begin rigorously enforcing rules that require users to use their real names before year’s end. The company’s letter says, “We want you, BigDaddyFlash916, to go by who you are, and not be hidden beneath another layer of mystique.” A test group of OKC members […]

New National Security Doctrine Calls Out China, Russia

A new 68-page national security doctrine published by the White House is under fire for describing Russia and China as “revisionist” powers for seeking a change in the American-led world order. The document acknowledges Russia’s hostile schemes, identifies long-term challenges with China, and builds on Trump’s “America first” rhetoric. The national security strategy provides Congress […]

UPS Places Order For 125 Tesla Semi-trucks

United Parcel Service Inc. (NYSE: UPS) has announced it has placed an order for 125 Tesla all-electric semi-trucks. UPS chief information and engineering officer Juan Perez called the trucks “groundbreaking.” The UPS order is the largest known order for the big rig so far, with an order valuation of about $25 million. Scott Phillippi, UPS […]

AOL Instant Messenger Ends 20-Year Run

AOL Instant Messenger (AIM) was officially shut down on Friday after 20 years in action. Verizon’s Oath previously announced in October that Dec. 15 would be the platform’s last day. The company had already removed third-party support in March, cutting off many access points. AOL was acquired by Verizon in June 2015 for $4.4 billion. […]

FCC Rescinds Obama-era Net Neutrality Rules

The Federal Communications Commission has voted to dismantle the rules that require internet providers to give consumers equal access to all content online. New regulations were passed by the Republican-controlled agency by a 3-2 vote. The replacement rules are slated to go into effect as soon as next month. The original rules were put into […]

U.S. Astronauts Going Back To Moon Under Trump Directive

President Donald Trump has signed a directive to begin the process to return Americans to the moon. The directive, titled “Space Policy Directive 1”, creates a foundation for a future mission to the moon. The directive also establishes a foundation for an eventual mission to Mars and beyond. The directive would have NASA put people […]

CVS Makes $69 Billion Bid For Aetna

CVS Health (NYSE:CVS) has announced it has reached a deal to purchase Aetna (NYSE:AET) for about $69 billion. Under the terms of the deal, CVS will pay about $207 a share for the insurer. Roughly $145 a share of that would be in cash, with the remainder in newly issued CVS stock. Aetna stockholders will […]

Volvo’s New Subscription Service Includes Insurance

Volvo is launching a new Care By Volvo program that is basically a subscription service for SUVs. The Swedish automaker announced details of the program at Wednesday’s Los Angeles Auto Show. Care By Volvo will be rolling out nationally. Pricing for Care By Volvo’s subscription plan starts at $600 a month (exclusive of tax and […]

Time Inc. Sold To Meredith Corp.

The Meredith Corporation (NYSE:MDP) has purchased Time Inc. (NYSE:TIME) for nearly $3 billion in an all-cash transaction. Under the terms of the deal, Meredith will pay $18.50 a share for the publisher. The boards of both companies have already finalized the deal. The deal is expected to close in the first quarter of 2018. In […]

Black Friday Strikes Hit Amazon In Germany, Italy

Some of Amazon’s (NASDAQ:AMZN) workers in Europe chose one of the biggest shopping days of the year to protest the company’s practices. Black Friday is a US tradition that has been embraced by Europeans in recent years. Retailers like Amazon offer large discounts on clothing, electronics and toys during the shopping holiday. Amazon employees were […]

Trump Expresses Disdain For AT&T-Time Warner Deal

AT&T Inc.’s (NYSE:T) merger with Time Warner Inc. is under fire after negative comments from the White House. President Donald Trump said the merger between the companies would be “not good for the country.” Trump made the comment as he departed the White House for his Mar-a-Lago resort in Palm Beach, Florida. Earlier this week, […]

Uber Expanding Its Flying Taxi Plans

Jeff Holden, head of projects for Uber, has announced that the company intends to add to its growing list of pilot cities for flying taxis. By 2020, the company hopes to launch the service in Dubai, Dallas-Fort Worth, and now Los Angeles. The updated plans were revealed during a speech at the Web Summit, held […]

Starbucks Opening New Bakeries In Reserve Roastery Locations

The newest menu items at Starbucks’ (NASDAQ:SBUX) Seattle Reserve Roastery location is freshly baked bread and focaccia sandwiches. Starbucks opened a high-end Italian Princi Bakery inside the location on Tuesday. The new offerings from the bakery include more than 100 menu items made from ingredients imported from Italy. Rocco Princi, founder of the bakery, opened […]

Sears Ends Partnership With Whirlpool

Sears Holdings Corp. (NASDAQ:SHLD) has announced that it will no longer be selling Whirlpool appliances. Sears told employees in a memo sent to stores last week. Sears is also pulling Whirlpool-made KitchenAid, Maytag and Jenn-Air products from its floor. The end of the Sears-Whirlpool partnership is effective immediately. The move comes after a pricing dispute […]

Hundreds Of Tesla Workers Let Go

Palo Alto, Calif.-based Tesla (NASDAQ:TSLA) has reportedly fired hundreds of employees after what the company described as “an annual performance review” of its more than 33,000 employees. The firings reportedly included engineers, managers, salespeople and factory employees. According to reports, an estimated 400 to 700 people were dismissed this week, representing between 1 percent and […]

Google Launches New Tech Training Programs

Google announced a new $1 billion investment in nonprofit organizations to boost tech training programs over the next five years. The investment is being made under the “Grow With Google” initiative. According to company executives, the goal is to allow anyone with an internet connection to become proficient with technology. Google CEO Sundar Pichai believes […]

Coach Inc. Becomes Tapestry Inc. October 31

Iconic luxury handbag maker Coach Inc. (NYSE:COH) will be changing its corporate name to Tapestry Inc, at the end of October. When the name change goes into effect, the company will start trading under the ticker symbol “TPR” on the New York Stock Exchange. Its new website, tapestry.com, is already live. Tapestry will be the […]

Trump Reveals Harsh Conditions For DACA Deal

President Trump is demanding a long list of line immigration measures that in exchange for any deal to protect the young undocumented immigrants known as Dreamers. The Dreamers are comprised of roughly 800,000 young immigrants brought here illegally as children. The demands represented terms that hard-line conservatives have been pursuing for decades. Administration officials say […]

Get Ready For Flu Season With An Annual Flu Shot

Some health experts are predicting a bad flu season ahead. Cases of the flu are already being diagnosed across the country. Last year’s flu season peaked in December and then again in February. This year’s flu season appears to be starting even earlier. One of the best ways to avoid contracting the flu is to […]

Tesla’s Model 3 Production Misses Target

Tesla (NASDAQ:TSLA) has reported missing its production goal for the new Model 3 by a wide margin. The company only produced 260 Model 3 cars from late July through September 30. The company had set a goal of producing 1,500 units during the period. The Palo Alto, California-based company delivered just 220 Model 3 sedans […]

Ford Partners With Lyft On Self-Driving Service

Ford Motor Company (NYSE:F) has entered a partnership with Lyft to eventually use self-driving cars as a paid transportation service. Ford announced the partnership in a blog post. Sherif Marakby, Ford’s vice president for autonomous vehicles and electrification, said in the post that the service would be “capable of quickly dispatching a self-driving vehicle so […]