Amazon sellers are shipping long-expired food
Jon Fingas From engadget There appear to be significant gaps in its product quality checks Whole Foods thrives on freshness, but Amazon’s online store? Not so much. CNBC reports that Amazon’s third-party sellers are all-too-frequently shipping food that has long-since expired, including products like…
Facebook to buy $1B startup for controlling computers with your mind
From Newsmax Facebook Inc. said on Monday it bought New York-based CTRL-labs, a start-up that is exploring ways for people to communicate with computers using brain signals, in a deal that CNBC said was valued at $1 billion. Facebook Vice…
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The Editor speaks: Can you afford Valentine’s Day anymore?
According to a report carried by CNBC they say: “Consumers ages 23 to 29 expect to spend an average of $266 on Valentine’s Day gifts, dining and more, according to Bankrate.com. “Going all out to show on Instagram? Dinner for…
CNBC: US home-sales plunge stuns real-estate agents
By Newsmax Wires From Newsmax Real estate brokers reportedly are trying to figure out why sales of existing homes plunged in December. U.S. home sales tumbled Tuesday to their lowest level in three years in December and house price increases slowed…
CNBC: Buffett loses nearly $4 billion as Apple stock tanks
From Newsmax Warren Buffett’s Berkshire Hathaway lost more than $3.5 billion on Friday as Apple’s stock headed for its worst day on Wall Street in more than four years. In late trading, Apple stock (AAPL) was down $15.84, or 7.1…
Facebook is shedding massive traffic – and it’s apparently flocking to YouTube
By Andy Meek From BGR Four billion. That, according to a new study shared with CNBC by market research firm SimilarWeb, is how many monthly page visits Facebook has shed in a slow-drip but nevertheless huge decline over the last two…
Southern California home sales crash in warning to rest of nation
By f mcguire From Newsmax Southern California home sales reportedly plunged in June, falling to the lowest reading for the month in four years. Sales of both new and existing houses and condominiums dropped 11.8 percent year-over-year, as prices shot…
JPMorgan: Tesla shares will plunge more than 40 percent
From Newsweek JPMorgan Chase & Co. reportedly has warned savvy investors that Tesla shares will tumble more than 40 percent before the end of the year. JPMorgan reaffirmed its underweight rating on Tesla shares, saying other automakers may price their electric cars aggressively,…
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CNBC: Disney expected to add cash to bid for Fox
From Newsmax Walt Disney Co. reportedly is preparing to add cash to its bid for the entertainment assets of 21st Century Fox Inc. Comcast Corp. last week launched a $65 billion cash offer for the Fox assets, outbidding Disney. The assets…
ZTE will pay $1 billion fine to beat US export ban
By Timothy J. Seppala from engadget The company will have to change its board within the next 30 days, too. Tensions between the US government and Chinese smartphone maker ZTEseem to have abated, at least temporarily. US Commerce Secretary Wilbur…
