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Booz Allen Hamilton and Kaggle Launch Inaugural National Data Science Bowl
Date:  Monday, December 15, 2014
Title:  Booz Allen Hamilton and Kaggle Launch Inaugural National Data Science Bowl
Description:  MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton, the management and technology consulting firm, and Kaggle, the leading online data science competition community announced the launch of the inaugural National Data Science Bowl.
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GT Advanced Tech Modifies Bankruptcy Deal With Apple
Date:  Monday, December 15, 2014
Title:  GT Advanced Tech Modifies Bankruptcy Deal With Apple
Description:  A lawyer for GT Advanced Technologies Incorporated told a court on Monday that the sapphire maker modified its bankruptcy settlement with former partner Apple Incorporated to produce more near-term cash and winning the support of key creditors. The Merrimack, New Hampshire-based company abandoned the furnace business in 2013 when it agreed to begin supplying Apple with scratch-resistant sapphire m...
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U.S. Producer Prices Fall, Signal Weak Inflation Pressures
Date:  Friday, December 12, 2014
Title:  U.S. Producer Prices Fall, Signal Weak Inflation Pressures
Description:  U.S. producer prices fell in November and were muted even outside of energy, a sign of weak inflationary pressure that could point to persistent slack in the economy. The Labor Department said on Friday its producer price index for final demand dropped 0.2 percent, a sharper fall than expected. But a core measure of producer inflation, which excludes food, energy and trade services, was flat. When...
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Ford Performance Brand Promises 12 New Special Vehicles, Including Focus RS
Date:  Thursday, December 11, 2014
Title:  Ford Performance Brand Promises 12 New Special Vehicles, Including Focus RS
Description:  Ford is committing itself to creating a true global performance sub-brand moving forward. The automaker just announced that it has 12 vehicles on tap, which will be rolled out over the next few years through 2020. All of you SVT fans can consider this your Blue Oval revival... minus the name of course. The Ford Performance organization will offer a range of global vehicles in more potent trims, an...
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Exxon Says Spill in Illinois River is Minor, not From Joliet Refinery
Date:  Tuesday, December 09, 2014
Title:  Exxon Says Spill in Illinois River is Minor, not From Joliet Refinery
Description:  Exxon Mobil Corporation said on Tuesday that the release of an unidentified substance from a vessel into the Des Plaines river in Illinois on Monday was minor and not related to its Joliet refinery operations. The company said Joliet refinery personnel discovered a petroleum sheen on the river adjacent to the refinery and cleaned it up. The source is not believed to be related to refinery operatio...
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Alipay Says Mobile Deals Grow to Over Half of Transactions in Year to October
Date:  Monday, December 08, 2014
Title:  Alipay Says Mobile Deals Grow to Over Half of Transactions in Year to October
Description:  The share of mobile transactions on Alipay, the online payment platform affiliated with Alibaba Group, jumped to 54 percent of all transactions in the first 10 months of the year from 22 percent during the whole of last year. A spokeswoman said the growth was underpinned by the increasing adoption of mobile devices in China, continuous growth in mobile commerce, relatively low cost of mobile platf...
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Altria Named One of the Top 50 Community-Minded Companies
Date:  Monday, December 08, 2014
Title:  Altria Named One of the Top 50 Community-Minded Companies
Description:  RICHMOND, Va.--(BUSINESS WIRE)--Altria was recognized today as one of America’s most community-minded companies in The Civic 50, an annual survey that identifies and recognizes companies for their commitment to improve the quality of life in the communities where they do business. Points of Light, the largest organization in the world dedicated to volunteer service, conducted the survey in partner...
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Uber in Talks to Sell Over $1 Billion in Convertible Debt: Source
Date:  Friday, December 05, 2014
Title:  Uber in Talks to Sell Over $1 Billion in Convertible Debt: Source
Description:  Uber is in talks to sell more than $1 billion in convertible debt, a source familiar with the matter said, soon after the U.S. taxi service said it raised $1.2 billion in its latest funding round. The debt will convert into equity at a discount of about 20 percent to 30 percent to the IPO price, the source said, adding that the discount increases after year one if Uber has not gone public.
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Zain Saudi Says Rejects Mobilys $586 Million Claim
Date:  Tuesday, December 02, 2014
Title:  Zain Saudi Says Rejects Mobilys $586 Million Claim
Description:  Saudi Arabia’s second-biggest telecom operator Mobily said on Tuesday it was seeking arbitration to obtain $586.28 million owed it by Zain Saudi, a claim its smaller rival subsequently said was unfounded. A dispute has arisen between the two companies over the application of a 2008 contract under which Mobily would provide services including domestic roaming and site sharing to Zain Saudi, which b...
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Google Drive Now Lets You Edit Microsoft Office Attachments Right From Gmail
Date:  Tuesday, December 02, 2014
Title:  Google Drive Now Lets You Edit Microsoft Office Attachments Right From Gmail
Description:  Google today announced a very useful new addition to Gmail: editing Microsoft Office documents that arrive as email attachments. A new Google Drive edit icon has been added to Gmail attachments that you can click to automatically convert Office files to Google Docs, Sheets, or Slides. Google notes that the new feature means you can turn Microsoft Office documents into a Google Drive file so that y...
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Amazon Rolls Out Kiva Robots for Holiday Season Onslaught
Date:  Monday, December 01, 2014
Title:  Amazon Rolls Out Kiva Robots for Holiday Season Onslaught
Description:  Amazon.com Inc has installed more than 15,000 robots across 10 U.S. warehouses, a move that promises to cut operating costs by one-fifth and get packages out the door more quickly in the run-up to Christmas. The orange 320-pound (145 kg) robots, which scoot around the floor on wheels, show how Amazon has adopted technology developed by Kiva Systems, a robotics company it bought for $775 million in...
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Jurors to Hear Steve Jobs Testimony at Apple Trial
Date:  Monday, December 01, 2014
Title:  Jurors to Hear Steve Jobs Testimony at Apple Trial
Description:  After nearly a decade in legal wrangling, a billion-dollar class-action lawsuit over Apple's iPod music players heads to trial on Tuesday in a California federal court. A key witness will be none other than the company's legendary late founder Steve Jobs, who will be heard in a videotaped deposition. Attorneys for consumers and electronics retailers claim Apple Inc. used software in its iTunes sto...
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Amazon Unveils its Eighth Generation Fulfillment Center
Date:  Sunday, November 30, 2014
Title:  Amazon Unveils its Eighth Generation Fulfillment Center
Description:  SEATTLE--(BUSINESS WIRE)--Amazon.com, Inc. (NASDAQ: AMZN) today unveiled its eighth generation fulfillment center, which utilizes robotics, Kiva technology, vision systems and almost 20 years’ worth of software and mechanical innovations to fulfill holiday orders. The company is currently operating 10 of this new generation of fulfillment centers across the U.S. “The Amazon fulfillment teams are d...
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U.S. Consumer Spending Rebounds, Income Rises Modestly
Date:  Wednesday, November 26, 2014
Title:  U.S. Consumer Spending Rebounds, Income Rises Modestly
Description:  U.S. consumer spending rebounded in October, suggesting some resilience in the economy at the start of the fourth quarter. The Commerce Department said on Wednesday consumer spending increased 0.2 percent last month after being flat in September. When adjusted for inflation, consumer spending also rose 0.2 percent after being flat in September. A price index for consumer spending edged up 0.1 perc...
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Sony to Cut TV, Smartphone Lineup; Sees Growth in PlayStation, Image Sensors
Date:  Tuesday, November 25, 2014
Title:  Sony to Cut TV, Smartphone Lineup; Sees Growth in PlayStation, Image Sensors
Description:  Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years. Having lost ground to nimbler rivals like Apple and Samsung Electronics in consumer electronics, Sony said on Tuesday its goal for TV and smartphones is to turn a prof...
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United Technologies CEO Chenevert Steps Down
Date:  Monday, November 24, 2014
Title:  United Technologies CEO Chenevert Steps Down
Description:  United Technologies said Chief Executive Louis Chenevert would retire immediately and named Chief Financial Officer Gregory Hayes as his successor. Chenevert, who served as United Technologies' CEO for more than six years, joined the company in 1993 from General Motors. Chenevert also stepped down as chairman. Edward Kangas, lead independent director, will take that post.
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Samsung Ponders Executive Shakeup As Galaxy S5 Sales Fall 40% Short Of Expectations
Date:  Monday, November 24, 2014
Title:  Samsung Ponders Executive Shakeup As Galaxy S5 Sales Fall 40% Short Of Expectations
Description:  Samsung is looking long and hard at its top executive team with changes in mind, the Wall Street Journal reports, following Galaxy S5 devices sales that have underperformed company expectations by as much as 40 percent. The total sales for the S5, this year’s Samsung flagship device, are at around 12 million, compared to 16 million for the Galaxy S4. As a result of the lacklustre performance, Sams...
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U.S. Consumer Prices Unchanged, but Underlying Inflation Picking up
Date:  Thursday, November 20, 2014
Title:  U.S. Consumer Prices Unchanged, but Underlying Inflation Picking up
Description:  U.S. consumer prices were unexpectedly flat in October, but there are signs that underlying inflation pressures are starting to push higher. The Labor Department said on Thursday falling gasoline prices, which offset rising shelter and medical costs, had restrained its Consumer Price Index last month. The CPI had gained 0.1 percent in September and economists polled by Reuters had it slipping 0.1 ...
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Hasbro Launches New Initiative to Spread the Joy of Play to Children with Developmental Disabilities
Date:  Wednesday, November 19, 2014
Title:  Hasbro Launches New Initiative to Spread the Joy of Play to Children with Developmental Disabilities
Description:  PAWTUCKET, R.I.--(BUSINESS WIRE)--Global branded play leader, Hasbro, Inc. (NASDAQ:HAS) today announced the launch of ToyBox Tools, an initiative that aims to bring the joy of play to children with developmental disabilities. Through expertise provided by The Autism Project, who has a long-standing philanthropic relationship with the Hasbro Children’s Fund, ToyBox Tools provides a series of instru...
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Apple Pay Now Available in All BI-LO, Harveys and Winn-Dixie Grocery Stores
Date:  Tuesday, November 18, 2014
Title:  Apple Pay Now Available in All BI-LO, Harveys and Winn-Dixie Grocery Stores
Description:  JACKSONVILLE, Fla.--(BUSINESS WIRE)--Bi-Lo Holdings, parent company of BI-LO, Harveys and Winn-Dixie grocery stores, announces support for Apple Pay across its entire southeastern footprint.
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Report: Facebook at Work Set to Do the Business Like LinkedIn
Date:  Sunday, November 16, 2014
Title:  Report: Facebook at Work Set to Do the Business Like LinkedIn
Description:  Facebook co-founder Mark Zuckerberg is known for his signature tee-shirts -- but he could be after the suit-and-tie crowd. For most of us, using Facebook at work means scrolling through the pictures of your friend's birthday party and getting in a couple of rounds of Farmville when you're meant to be working on the Henderson presentation. Facebook at Work would keep your drunken updates and embarr...
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Ford Shares Poised for a Rebound: Barrons
Date:  Sunday, November 16, 2014
Title:  Ford Shares Poised for a Rebound: Barrons
Description:  Barron's financial newspaper said Ford Motor shares may be in for a rebound and could climb 30 percent in a year. The company is likely to benefit from the release of its new F-150 truck, which has already received high marks from industry experts, it said, noting the F-series trucks bring in the bulk of Ford's automotive profit.
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Battling Banner Ad Blindness: Cxense Pioneers 3D Display
Date:  Wednesday, November 12, 2014
Title:  Battling Banner Ad Blindness: Cxense Pioneers 3D Display
Description:  OSLO, Norway--(BUSINESS WIRE)--Cxense has introduced an eye-catching 3D advertising capability to help publishers and advertisers capture consumers’ attention and combat ‘banner blindness.’
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Hampton Creek Plans To Counter-Sue Unilever Over Mayo Fight
Date:  Tuesday, November 11, 2014
Title:  Hampton Creek Plans To Counter-Sue Unilever Over Mayo Fight
Description:  Plant-based food startup Hampton Creek is readying a response and planning to counter-sue major food corporation Unilever over the meaning of “mayo.” Unilever filed a lawsuit against Hampton Creek this weekend, involving its “Just Mayo” product. Unilever’s two main concerns are over market share for its Hellmann’s mayonnaise product and consumer confusion. Unilever’s claim is that Hampton Creek is...
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Shell to Maintain Asset Sales Target Despite Oil Price Decline
Date:  Tuesday, November 11, 2014
Title:  Shell to Maintain Asset Sales Target Despite Oil Price Decline
Description:  Royal Dutch Shell will maintain its target to sell $15 billion of assets by 2015 in an effort to boost cash flow, the oil company's upstream director Andrew Brown said on Tuesday. Global oil prices have dropped by around 30 percent over the past four months, putting heavy pressure on the balance sheets of oil companies already struggling to cut spending. We do have a continuous need to recycle our...
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