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Monthly Archives: March 2018

EU court says Adidas may defend its 3 stripes design

Christof Stache | AFP | Getty Images The employee of Adidas Elisabeth Koelemij Peters, poses with a shoe of the German sportswear giant prior the shareholders meeting of the German sportswear giant Adidas. A European court said that German sporting goods maker Adidas may oppose the registration of two parallel …

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Zuckerberg sold nearly $500 million Facebook stock in February

Beck Diefenbach | Reuters Priscilla Chan (R) and her husband Mark Zuckerberg announce the Chan Zuckerberg Initiative to “cure, prevent or manage all disease” by the end of the century during a news conference at UCSF Mission Bay in San Francisco, September 21, 2016. Facebook Chief Executive Officer Mark Zuckerberg …

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New Fed chairman says Amazon helped keep inflation low

Yuri Gripas | Reuters Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking Housing and Urban Affairs Committee hearing on the The Semiannual Monetary Policy Report to the Congress, on Capitol Hill in Washington, U.S., March 1, 2018. Federal Reserve Chairman Jerome Powell believes Amazon played a role …

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Putin, Russia up the ante on missile defense

Maxim Marmur | AFP | Getty Images File photo shows Russian President Vladimir Putin (R) watching a launch,18 February 2004 at the Artic cosmodrome in Plesetsk. Russia just upped the ante for the missile defense world, although it did not come as a surprise to the United States. During a …

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Equifax finds additional 2.4 million impacted by 2017 breach

Andrew Harrer | Bloomberg | Getty Images An Equifax Inc. slide is displayed on a monitor during a House Financial Services Committee hearing in Washington, D.C., on Wednesday, Oct. 25, 2017. Equifax said Thursday that an additional 2.4 million Americans were impacted by last year’s data breach, however these newly …

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Fiat Chrysler sales fall 1% in February

Jonathan Ernst | Reuters The 2019 Jeep Cherokee is displayed at the North American International Auto Show in Detroit, Michigan, U.S. January 16, 2018. Fiat Chrysler is reporting that U.S. sales fell 1 percent in February, a harbinger of what’s expected to be a lackluster month for automakers. The Italian-American …

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Gun control a key issue in midterm elections after Florida shooting

Mandel Ngan | AFP | Getty Images President Donald Trump shakes hands with Marjory Stoneman Douglas High School student Ariana Klein (R) watched by fellow student Carson Abt at the start of a listening session on gun violence with teachers and students in the State Dining Room of the White …

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Huawei distances itself after top executive goes off script about US

Mandel Ngan | AFP | Getty Image Huawei consumer business CEO Richard Yu speaks about the Mate 10 Pro phone during a keynote address during CES 2018 in Las Vegas on January 9, 2018. Huawei has looked to distance itself from comments made by one of its top executives, after …

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Whole Foods after Amazon is largely the same upscale health food chain

Brendan McDermid | Reuters Apples are displayed at a Whole Foods store in New York City, August 28, 2017. Some signs are subtle, like the “Whole Foods + Amazon” one near the bananas. Others are more obvious, like the kiosk with Amazon devices for sale. It has been six months …

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Overstock.com drops 10% after revealing SEC investigation

Ken James | Bloomberg | Getty Images A United Parcel Service Inc. (UPS) worker loads orders onto a truck in the shipping area at the Overstock.com Inc. distribution center in Salt Lake City, Utah. Shares of Overstock.com dropped more than 10 percent in pre-market trading Thursday after the e-commerce retailer …

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