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Yahoo Buys Tumblr
A few days ago, the news broke that Yahoo!, the search engine which has largely rebranded itself as a media company, has bought Tumblr, the popular blogging platform. Yahoo! spent a whopping $1.1...
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Apple Back in Court
Just days after a hearing in Washington D.C. Timothy D. Cook, Apple’s CEO, will be in Manhattan, once again in the courtroom. This time Mr. Cook’s trip into the hallowed halls of law involve some...
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Real Estate is a Cash Game
In some circles, carrying around large sums of cash is considered suspect behavior and warrants suspicion. But for would-be homeowners in Los Angeles County, lugged around a suitcase full of Benji’s...
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Party Poopers: Warner Music Battles for Rights to “Happy Birthday”
In a story which might be the defining behavior of capitalism gone wrong, Warner/Chappell music is in a fight to preserve their exclusive rights to the happy birthday song. Yes, the warm little ditty...
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Businesses vs. Pricey Hospitals
Anyone who’s ever had a visit to the emergency and then received the bill for it understands that healthcare is anything but cheap. The costs associated with healthcare are enormous, and thus the...
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Samsung in Handheld to Handheld Combat
Unfortunately for shareholders, Samsung didn’t end the month of June in very good shape. In fact, the electronics maker’s stock fell 12.7 percent this past month. That’s the largest drop Samsung’s...
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Carmat Builds Artificial Heart from Cow Tissue
A French company called Carmat has built an artificial heart out of cow tissue which they believe is ready to be tested in live, human patients. The heart has been cleared for use in a number of...
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Facebook for Foreign Phones
We know that you’ve heard about Facebook. How could you not have? As far as Facebook execs are concerned, this is both a blessing and a curse. In one sense, it speaks to the incredible success that...
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Walmart Gets Into Tax Trouble
The gigantic international retail chain Walmart may soon find itself in court in Pennsylvania. Brian Farneth, a man from the state of Pennsylvania has filed a class action lawsuit against the low...
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Time Warner Flexes Its Muscles and Pulls the Plug on CBS
In a display of its negotiation power, Time Warner Cable blacked out CBS stations in several cities on Friday after the two companies failed to agree to terms over transmission fees by the 5 p.m....
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American Greetings Sold Back to Weiss Family
American Greetings, which is building its world headquarters in Westlake, Ohio, will return to its founding family. The Cleveland-based company will be purchased by the Weiss family for a total $878...
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College Savings on the Up and Up
According to Fidelity Investments, an independent financial services firm, Americans are saving for college at an unprecedented rate. The surveys began seven years ago when 2,500 parents nationwide...
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Syria Attacks Affect Global Economy
The August 21st gas attack in Syria has had far-reaching effects on global currency and oil prices. The uncertainty about U.S. action against Syria has caused a shift towards assets that are...
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Microsoft Makes Deal with Nokia
Microsoft struck a deal late Monday night to take over most of Nokia’s operations, including smartphone operations, for about 7.18 billion dollars. The deal is not expected to substantially increase...
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Samuel Adams Creator Reaches Billionaire Status
On Monday, the Bloomberg Billionaires Index added a new member to the billionaires club. Sixty-four year old Jim Koch, the creator of the renowned Samuel Adams craft beer, reached the benchmark of a...
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JP Morgan at the Center of a Financial Storm
This past Thursday, September 19, U.S. bank regulators found fault with many of JP Morgan Chase Company’s policies. Specifically, the company charged customers for Identity Theft Products that were...
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Chipolte Makes a Commitment to More Natural Food Sources
With the advent of the heart-wrenching scarecrow commercial that was released earlier this month, Chipolte has made the United States aware of its commitment to finding farms that are sustainable and...
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American Tobacco Company Buys British E-Cig Company
The third largest tobacco company in the United States, Lorillard, purchased the British electronic cigarette company, SKYCIG during the past week. Lorillard produces Newports, the second highest...
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EBT Glitch Causes Shopping Frenzy
Dozens of shoppers crowded into Wal-Mart stores in the towns of Springhill and Mansfield, Louisiana on Saturday October 12, after receiving word that their EBT cards spending limits were not showing....
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Dominos Surprising Business Techniques
Over the past few years, Dominos has come back into the hearts and minds of consumers with a whole new product. The company has overhauled its pizza sauce, cheese, and dough to come up with a pizza...
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