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Beretta USA is packing up its Maryland headquarters and moving to Tennessee. The company says the move is necessary because Maryland gun laws have become too strict. The American subsidiary of the 500-year-old Italian company has had a factory in Accokeek, Maryland since the 1970s. That factory is responsible for production of the M9, the […]
It’s not uncommon for Berkshire Hathaway to acquire large stakes in companies, however, the company’s founder, Warren Buffett, rarely spends his own money on stocks. That’s what made his purchase of 2 million shares in Seritage Growth Properties this week so special. His 2 million shares are worth 8% of the company and Buffett is […]
(credit) There are a lot of new job titles out there these days thanks to the digital revolution. Even if you know what they mean and the tasks they do, you may not always know the value of the services they provide. Even if you knew you needed a “Digital Marketing Manager” or a “Social […]
Yahoo could sell its core business and a list of potential buyers is already forming after a Wall Street Journal report on Tuesday said the company’s board is considering a sale Among the top prospect are Verizon Wireless, which recently acquired AOL for $4.4 billion in June, and IAC Interactive, the owner of 150 internet brands, […]
Massachusetts Institute of Technology (MIT) doctoral candidates Sasha Huang, Alina Rwei, and Chris Lai, who study materials science and engineering, have won one of three prizes at the inaugural MIT Water Innovation Prize, for creating a washing machine that recycled 95% of the water it uses. The newly created event allows people from around the […]
Bill Gates and a group of international investors are pouring billions of dollars into clean energy. Microsoft’s co-founder will announce the new plan at the Breakthrough Energy Coalition, a climate change summit in Paris that will also be attended by President Obama and French President Francois Hollande. The new fund includes more than two dozen public […]
Wal-Mart’s website malfunctioned during the Thanksgiving shopping rush on Thursday morning, just as shoppers flocked to the site. It was the first time Wal-Mart decided to offer its Black Friday ‘doorbusters’ through its website and the company offered those items hours before they were available in U.S. stores. The discounts, which were offered in stores […]
If you work at Google headquarters or you just happen to be visiting, there is a very good chance you will bump into Larry Page, Sergey Brin, or Google CEO Sundar Pichai. There is also a very good chance that without a meeting at their Mountain View campus, you will not have the chance to […]
Gold on Friday hit as low as $1,051.60, the cheapest price in nearly 6 years. The last time gold prices hit this low was February 2010 when it fell below $1,045 an ounce. It was the sixth straight week that gold has lost value as investors continue to avid the commodity, despite worried about the […]
Oil is currently trading around $42 per barrel and that’s bad news for producers in some parts of the world. In the United Kingdom it costs $52.50 to produce a barrel of oil and in Brazil the cost is $49 per barrel. In Canada oil producers are barely breaking even at $41 per barrel. As […]
Alibaba founder and CEO Jack Ma is reportedly in talks to purchase the South China Morning Post, an English speaking newspaper. Bloomberg reported the talks Monday, citing two people familiar with the matter. Newspaper acquisitions are becoming a popular topic among internet tycoons these days. Jeff Bezo’s purchased the Washington Post for $250 million, while Facebook […]
Facebook Inc. said in a report on Wednesday that government demands for its user data surged in the first half of 2015. With government access to personal data from telephone and web companies becoming a hot topic among users, Facebook began reporting on government request numbers in 2015. According to the company the number of […]
