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Fed Turns Towards Amazon's Finance Plans

Fed Turns Towards Amazon's Finance Plans

American banks have long been wary of Amazon.com, Inc. (NASDAQ: AMZN) and a number of other technology behemoths who desperately want to enter the finance train. If one goes by the latest news, the Federal Reserve has also expressed interest in the ..

Smith & Wesson Gun Sales Continue to Decline

Smith & Wesson Gun Sales Continue to Decline

Smith & Wesson Corp., an American gun manufacturer, has been facing declining sales in recent years, struggling to improve performance. The company announced that quarterly sales dropped 25% compared to the fourth quarter of last year and profit..

Uber to pay drivers for switching to electric cars

Uber to pay drivers for switching to electric cars

Uber, one of the biggest ride hailing apps in the U.S., announced on Tuesday its new pilot program to get drivers to switch over to the more environmentally friendly, electric cars. The pilot program, called EV Champions Initiative, plans to deliver..

Microsoft’s Ethical Reckoning is Here

Microsoft’s Ethical Reckoning is Here

Microsoft has become the latest company to pull into the tech industry’s ethical view over the use of its products by government agencies. Critics have stated in a blog post in January that Microsoft Corporation (NASDAQ: MSFT) publicized its w..

UPS invests $130 million into natural gas vehicles and fueling stations

UPS invests $130 million into natural gas vehicles and fueling stations

United Parcel Service, Inc. (NYSE: UPS), one of the largest U.S. shipping companies, announced today in a press release that they have plans to build an additional five compressed natural gas fueling stations and more than 700 new compressed natural..

Qualcomm-NXP $43 Billion Deal Approved by Chinese Regulators

Qualcomm-NXP $43 Billion Deal Approved by Chinese Regulators

QUALCOMM, Inc. (NASDAQ: QCOM) acquisition of NXP Semiconductors NV for $43 billion has been approved by Chinese regulators. The approval, which has been pending for 18 months, removes the final obstacle to the purchase. The decision will allow the t..

Lab-Grown Meat, backed by Bill Gates & Tyson Foods, Meets FDA

Lab-Grown Meat, backed by Bill Gates & Tyson Foods, Meets FDA

There are lab-grown meat startups relying on animal cells to produce beef, poultry and seafood products for consumers. Companies like Memphis Meats Inc. and Future Meat Technologies have taken advantage of creating cultured meat, an alternative to r..