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The one thing Kraft Heinz had going for it was its profit margins. Now, it doesn’t even have that. The food giant, known for its boxed macaroni and cheese and its ketchup, saw its stock tumble Friday after it released a batch of bad news late Thursday, including that it …
Read More »US says airfares hit new lows after factoring inflation
Robert Alexander | Archive Photos | Getty Images An American Airlines flight attendant serves drinks to passengers after departing from Dallas/Fort Worth International Airport in Texas. The average fare for airline travel within the United States has hit the lowest level since the government started keeping track in 1995, after …
Read More »New England Patriots owner Robert Kraft charged with soliciting prostitution
Austin McAfee | Icon Sportswire | Getty Images New England Patriots owner Robert Kraft listens to NFL Commissioner Roger Goodell speak to the media over various topics in the league leading up to Super Bowl LIII at the Georgia World Congress Center on January 30, 2019, in Atlanta, GA. Kraft, …
Read More »Facebook receives personal health data from apps: WSJ
Saul Loeb | AFP | Getty Images Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC. Facebook receives highly personal information from apps that track …
Read More »VW CEO hopes he’s done enough to please Trump and avoid tariffs
Dimon Dawson | Bloomberg | Getty Images Herbert Diess, head of the Volkswagen AG (VW) brand, speaks while flanked by a VW I.D. Crozz concept electric automobile, left, and an I.D. Buzz camper van during the first media preview day of the IAA Frankfurt Motor Show in Frankfurt, Germany, on …
Read More »Empire producers remove Jussie Smollett from final episodes of season
Tasos Katopodis | Getty Images Jussie Smollett attends the Thurgood Marshall College Fund gala on Oct. 23, 2017 in Washington, DC. Producers of the 20th Century Fox Television show “Empire” have decided to remove actor Jussie Smollett from the final two episodes of the latest season. “The events of the …
Read More »Forget Bitcoin, cannabis is the place to go, says US wealth advisor
Spencer Platt | Getty Images Edible marijuana infused products by Dixie are displayed at the Cannabis World Congress Conference on June 16, 2017 in New York City. Cannabis stocks are the “next huge growth area” and the plant has “staggering” possibilities for medical use, according to one advisor to wealthy …
Read More »Daimler and BMW announce $1.1 billion partnership to rival Uber
picture alliance | picture alliance | Getty Images 22 February 2019, Berlin: Harald Krüger (r), Chairman of the Board of Management of BMW AG, and Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, sit together at the beginning of a press conference …
Read More »FDA head says federal government may take action if states don’t adjust lax vaccine exemption laws
Rachel La Corte | AP Opponents to efforts to remove philosophical exemptions from school-vaccine requirements rally outside the Washington Capitol, in Olympia, Wash., Wednesday, Feb. 20,2019. In Oregon, state Rep. Mitch Greenlick will propose a bill that would eliminate all non-medical exemptions for vaccines, according to the Willamette Week. Greenlick’s …
Read More »Pinterest files confidentially for IPO
Patrick T. Fallon | Bloomberg | Getty Images Benjamin “Ben'” Silbermann, co-founder and chief executive officer of Pinterest. Pinterest has confidentially filed for an IPO, and is looking for a valuation of at least $12 billion, The Wall Street Journal reported Thursday. Pinterest is one of several tech companies expected …
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