Business News

BP To Eliminate 7,000 Jobs By End Of 2017 (NYSE:BP)

BP To Eliminate 7,000 Jobs By End Of 2017 (NYSE:BP)

After the announcement of disappointing earnings results for the latest quarter, BP repeated a commitment it made last month to cut 4,000 jobs this year in its exploration and production unit. The unit lost $728 million in the quarter. The company also said it would trim about 3,000 workers from […]

Consumer Sentiment Bounces Back in U.S.

Consumer Sentiment Bounces Back in U.S.

The consumer sentiment in the U.S. was able to bounce back strongly during the early part of October, suggesting the economic recovery had remained in place despite some headwinds due to weak demand globally and a strong U.S. dollar that have been weighing on the country’s industrial sector, in particular […]

Sony Sells 5.3 Million PS4 Consoles Worldwide

Sony Sells 5.3 Million PS4 Consoles Worldwide

Sony said it was well ahead of its deadline to pass the 5 million mark in sales of PS4 by March. The company said that 5.3 million consoles had been shipped across the globe as of February 8. Sony takes pride when announcing these milestones of its popular PlayStation 4 […]

Harley-Davidson Sales Stall Causing Earnings to Sputter

Harley-Davidson Sales Stall Causing Earnings to Sputter

On Tuesday, Harley-Davidson said revenue and profit slid during the most recent quarter, although earnings were still better than what Wall Street had expected. Shares, which slid this year by 17%, were up Tuesday 3.6% in trading before the bell. The company, based in Milwaukee, said that worldwide dealer sales […]

diabetes

Diabetes Affects Brain Function and Thinking Skills

A study that has just been published in the online journal Neurology indicates that people suffering from type 2 diabetes also demonstrate a drop in cognitive skills as well as the ability to regulate their blood flow to their brain. This is due partly to inflammation, which is one of […]

Lenovo Uses Startup for Return of Start Menu on Windows

Lenovo Uses Startup for Return of Start Menu on Windows

Sales for Windows at Microsoft Corp have been besieged by the poor demand for personal computers. For five straight quarters, shipments for PCs have declined, which one online researcher predicts will show 2013 as the worst annual decline on record. Many people were upset when they learned that the new […]

No More Dental Fillings, No Drill Dentistry Stopping Decay

No More Dental Fillings, No Drill Dentistry Stopping Decay

Researchers in Australia found a way to prevent and stop tooth decay without the need to use the drill and the fill technique. A study of seven years showed preventive dental care is able to reduce the necessity for any dental fillings by up to 50%. The study’s lead author […]

Peet’s Coffee Buying Majority Share of Intelligentsia

Peet’s Coffee Buying Majority Share of Intelligentsia

Peet’s Coffee & Tea has announced that it will acquire a majority share of Intelligentsia Coffee, which is based in Chicago. It is the second deal for Peet’s with the last month. Once only a single store, Peet’s, based in Berkeley, California is now acquiring boutique coffee roasters that are […]