US FDA Approves New—and Very Potent—Painkiller, Despite Warnings
Against strong advice from physicians, the United States Food and Drug Administration has moved forward on approvals for a new—and extremely potent—opioid painkiller. On October…
Coke Works New Angles To Increase Profits
Atlanta-based Coca-Cola CEO James Quincey recently reported that Diet Coke sales are up, apparently on the success of marketing “flavor innovation” to the millennial demographic. …
Walmart Wants to Eliminate Lines at Cash Registers
During the upcoming holiday shopping season, shoppers at Walmart will be able to use a digital map to locate a television or toy they are…
Intel Shares Up Slightly Following Earnings Beat
Shares of Intel rose by 6% but pared back most of those gains late Thursday after the posting of earnings for the third quarter and…
Target Holiday Plan: More Workers, More Toys and Free Shipping
Target is offering free, two-day shipping and no minimum purchases for the first time ever this holiday shopping season in an attempt to win more…
Calsonic Buying Magneti Marelli the Fiat Chrysler Parts-Making Unit
Calsonic Kansei the maker of car parts based in Japan, and owned by KKR the U.S. based private equity firm, will acquire Magneti Marelli the…
StarKist to File Guilty Plea for Price Fixing
StarKist Co. will reportedly plead guilty to price fixing charges in a case of conspiracy in which it together with two competitors colluded to keep…
Constellation Brands CEO Steps Down
CEO of Constellation Brands, the maker of Corona Beer amongst other brews, Ron Sands is stepping down. Sands will hand the reins to the current…
Domino’s Pizza Profit for Third Quarter Reaches $84 Million
Domino’s Pizza stock fell on Tuesday after the pizza maker released mixed quarterly earnings results for its first few months under Ritch Allison’s leadership. For…
Bank of America Posts 32% Rise in Profit
On Monday, Bank of America posted profit for the third quarter that increased 32% from the same period last year, as an increase in interest…