Economy News

Investigators: Tainted Food Not Recalled Quick Enough by FDA

Investigators: Tainted Food Not Recalled Quick Enough by FDA

According to a new report the Department of Health and Human Services? inspector general issued, contaminated food is not being removed from stores shelves quick enough. The reports indicated that the U.S. Food and Drug Administration does not always use an effective and efficient process for food recall that ensured […]

Conoco Moving to Take Over Assets of PDVSA in Caribbean

Conoco Moving to Take Over Assets of PDVSA in Caribbean

Conoco/Phillips the oil giant based in the U.S. is moving on taking over Caribbean assets of PDVSA the state-run Venezuelan oil business to enforce an arbitration award of $2 billion over a nationalization of its projects more than a decade ago in the South American country, said sources close to […]

China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China has responded to the tax overhaul in Washington by offering a break to foreign companies on taxes in China in an attempt to keep investment. Late Thursday, the measure was announced and is the Beijing?s first major reaction to the decision by the U.S. to slash corporate taxes. It […]

Tempers Rise in FCC Over Sinclair Record Fine

Tempers Rise in FCC Over Sinclair Record Fine

FCC commissioners from the Republican and Democratic Parties traded barbs during the week following the record fine the federal agency levied on Sinclair Broadcast Group, a conservative leaning company. During the first six months of 2016, Sinclair aired over 1,723 segments on-air related to the Huntsman Cancer Institute on 64 […]

General Motors Patents Outside Airbags for Pedestrians

General Motors Patents Outside Airbags for Pedestrians

Airbags are made to protect the passengers inside vehicles. However, General Motors believes they can work equally as well on the exterior of vehicles to save pedestrians during crashes. GM received a patent of its airbag on the outside of a vehicle that is designed to provide pedestrians protection, the […]

Travel Ban Challenge to Be Heard by Supreme Court

Travel Ban Challenge to Be Heard by Supreme Court

The U.S. Supreme Court announced that it would hear the challenge of the most recent travel ban implemented by President Donald Trump. Oral arguments on the challenge will be heard starting in April. In an order of just two sentences, the court announced it would consider questions related to whether […]

QUALCOMM, Inc (NASDAQ:QCOM) Snapdragon Processor Set To Power The ASUS ZenFone 4 Series

QUALCOMM, Inc (NASDAQ:QCOM) Snapdragon Processor Set To Power The ASUS ZenFone 4 Series

The leading wireless chipset manufacturer through its subsidiary ? Qualcomm Technologies, Inc has already made the required preparations. It will soon be integrating its new imaging technology and fast connectivity to the ASUS ZenFone 4 family of smartphones. That will of course be with its diverse Qualcomm Snapdragon 835 Mobile […]

Margaret Georgiadis Steps Down from Mattel CEO Post

Margaret Georgiadis Steps Down from Mattel CEO Post

Mattel Inc. said Thursday that Ynon Kreiz a member of the board and an executive in digital media would replace CEO Margaret Georgiadis, who is resigning after just 14 months in charge of the maker of Barbie dolls and Hot Wheels. Mattel, whose stock has lost close to half its […]

Tesla Inc (NASDAQ:TSLA) Calls Upon The Government To Draft Favorable Polices For Its Mission

Tesla Inc (NASDAQ:TSLA) Calls Upon The Government To Draft Favorable Polices For Its Mission

Tesla Inc (NASDAQ:TSLA) has over the years made its name in the car manufacturing industry for its hard work. There is a lot to be learned from the data from the city?s transportation department. Some top analysts have recently been scrutinizing it with each expressing his/her take. However, one thing […]

Amazon.Com, Inc. (NASDAQ:AMZN) Plans To Hire Thousands Of People In One Day

Amazon.Com, Inc. (NASDAQ:AMZN) Plans To Hire Thousands Of People In One Day

Amazon.com, Inc. (NASDAQ:AMZN) is planning to unveil thousands of job opportunities to people in just one day. The company announced its plans recently as it prepares to hold a huge job fair in the coming week at almost all its warehouses across the US. Amazon will be launching the job […]