Latest News

More Workers Failing Drug Tests

The amount of drug tests returning positive by employees in the U.S. is increasing. Fueled by more use by employees of marijuana as well as amphetamines, failed drugs tests are on the rise for the first time in over a decade, according to new research released by an information services company. Analysis of more than […]

Larger iPhones to be Delayed Amidst Record Ordering

Customers might have to wait as long as 3 to 4 weeks to receive their new Apple iPhone 6 Plus. A record amount of orders for the latest smartphone by the Cupertino, California technology giant strained the available supplies. The new smartphones go on sale September 19 across the U.S., but Apple started taking orders […]

Twitter Inc Wants Convertible Debt to Expand

Twitter Inc is seeking convertible debt to finance its plans of expansion by selling off two bonds of $650 million, with one bond maturing after 5 years and the other after 7 years. This came to light from the filing of paperwork with the Securities and Exchange Commission. If the banks involved move ahead to […]

Home Depot Has Confirmed Hack Attack

On Monday, Home Depot confirmed that its payment systems were indeed hacked and possibly as long ago as April. The hack at Home Depot might even be bigger than that of Target that took place in late 2013. In the case of Target, hackers entered the system for a period of three weeks and stole […]

Founder of Michael Kors Selling Stake

Sportswear Ltd, the founding sharing holder of Michael Kors is selling its complete stake in the designer handbags and clothing retail business at a price of $890 million, which is 11.6 million shares for $76.75 per share. The stake represents 5.7% of the shares. Michael Kors will hold a secondary offering and that is expected […]

Federal Reserve: Since the Recession Poor are Poorer, Rich are Richer

Since the recession of 2008 ended, the economic growth has increased the fortunes of most of the affluent Americans, while the wealth and incomes of the majority of families in the U.S. continues to drop, said the Federal Reserve on Thursday. For the top 10% of families in the U.S. the average incomes increased by […]

Possible Hack Attack at Home Depot

Home Depot the home improvement chain for do-it-yourselfers said it was Investigating activity it called unusual, related to customer data. The chain’s announcement follows a report from a prominent blogger on security who suggested that the company could have been a victim of a breach of security related to credit cards that extends back as […]

Apple Crop to Be Strong but Not Like Last Season

A colder than usual winter and trees that were still weary of the massive apple from last season in Northern New England have growers anticipating a decent harvest but not spectacular. The varieties available during early season, such as the Paula Red are ripening already pushing orchards that are pick your own to open this […]

Logo Removed From Abercrombie & Fitch Clothing

Abercrombie & Fitch, the apparel retailer said it would stop putting its logo on its clothing as it attempts to regain popularity amongst teens that are turning more and more to fashion brands such as H&M. The struggling brand has stripped it’s A&F from the majority of its clothes attempting to entice the teens and […]

Business Travelers Not Charged Baggage Fees at Ryanair

Ryanair has watered down its approach to traveling by air by ending charges for checked bags for some of its fares as an attempt to attract the business travelers who have shied away from the discount carrier. The largest discount carrier in Europe announced on Wednesday a new Business Plus ticket that would offer fast […]