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Online Music Is Next Target For Google (GOOG)

Streaming online music is the next target business for Google, according to sources familiar with the company’s plans. A new music streaming service would fit well with Google’s current businesses and advertising plans. Companies are eager to develop services that keep consumers on their computers and mobile devices for as long as possible so that […]

Apple Makes iPhone Snooping Harder For Governments (AAPL)

There are many government agencies that are not happy with Apple right now. Especially the ones that are related to security. The new iPhones recently released feature an enhanced data encryption feature that makes it difficult for anyone but the owner to unlock the information on the phone. The encryption software encrypts emails, photos and […]

Apple Facing Multiple Problems After New iPhone Release (AAPL)

Typically, the release of a new iPhone is cause for celebration at Apple. Apple’s iPhone devices are very popular in the United States, with nearly 10 million of the latest iPhones sold in the first weekend of their release. However, this release has been beset by issues that have tempered the celebratory mood. These issues […]

Comcast Responds To Critics Of Proposed Merger With Time Warner Cable With Filing (CMCSA)

The proposed merger between Comcast and Time Warner Cable has resulted in a number of critics making public statements opposing the merger. Comcast submitted around 1,000 pages of documents to the Federal Communications Commission detailing how the complaints of many of the critics of the merger were being made out of their own business interests. […]

Warner Bros. Announces Changed Game Plan For Growth (TWX)

In order to regain its footing in the movie industry, Warner Bros. is planning an ambitious expansion plan to increase its presence in the business. More movie offerings are expected from Warner’s expansive DC Comics library, as well as some melodramas and comedies that are currently in the works at the studio. The studio intends […]

General Motors Announces New Plan For Cadillac Brand (GM)

General Motors will be spinning off the luxury Cadillac brand into its own separate business unit in a move to turn around the brand. Cadillac’s once-renowned luxury image has faded somewhat in recent years. Cadillac’s sales have slid 5 percent when compared with the same quarter a year ago. The sale of Cadillac sedans has […]

Microsoft’s Xbox One Arrives In China At End Of The Year (MSFT)

In a surprise announcement, Microsoft has disclosed that the release of the popular Xbox One video game console in China will be delayed until the end of the year. There was no reason given for the delay. When the Xbox One finally goes on sale, it is expected to cost 3,699 yuan ($602.37) without the […]

Russian Conflict Affecting Exxon Drilling Plan (XOM)

The recent crisis involving Russia and the Ukraine has begun to affect the drilling plans of Exxon Mobil, one of the world’s largest oil companies. The United States government has ordered American companies to cut off exports to Russian oil exploration activities as part of the latest sanctions against Russia. At issue between Russia and […]

$500 Million Fine Levied Against GlaxoSmithKline (GSK)

GlaxoSmithKline has been charged with a $500 million fine by Chinese authorities as a penalty for bribery in the country. The British pharmaceutical giant was accused of bribing hospitals and doctors so that it could increase its drug prices and reap bigger profits from consumers. The Chinese court claimed that Glaxo made more than $150 […]

Boeing One Of The Winners Of Space Transport Contracts (BA)

According to an announcement made by NASA, contracts worth billions of dollars to build space capsules to carry Americans astronauts to the International Space Station have been awarded to Boeing and the Space Exploration Technologies Corporation, better known as SpaceX. The initial flights under the new contracts are projected to launch in 2017. In recent […]

Communications Workers of America Will Represent American Airlines Agents (AAL)

The National Mediation Board has announced that American Airlines’ customer service agents have voted to allow the Communication Workers of America to represent them as a union. The workers that will be represented by the union include reservation agents and those operating check-in counters and boarding gates. About 14,500 workers will now be represented by […]

Extent Of JPMorgan Breach Still Under Investigation (JPM)

This summer, JPMorgan was the victim of a hacker attack that left scores of customer information vulnerable. Now, several months after the attack, the extent of the breach is still being investigated. Security experts have been hired to conduct an investigation and the Federal Bureau of Investigation has become involved in the case. Unfortunately, much […]