SiriusXM To Acquire Pandora Media In $3.5 Billion Deal

SiriusXM has been interested in Pandora for more than a year. Sirius, which markets itself as Sirius XM , agreed to deliver stock now worth about $3.5 billion to fully acquire Pandora . Six million users pay for Pandora's premium services, ac... More..

by | Published 20 days ago
Michael Kors snaps up Italy's Versace, sources say
by | Monday, September 24, 2018

Michael Kors snaps up Italy's Versace, sources say

Corriere della Sera reported earlier that Versace could be sold this week for about $2 billion, with several groups interested including Kors and Tiffany & Co LVMH, PVH Corp and Tapestry also looked at Ve...More..

Could you stay 30 hours in a coffin?
by | Monday, September 24, 2018

Could you stay 30 hours in a coffin?

Six coffin dwellers will be chosen as part of Missouri Six Flags' Fright Fest. The Fright Fest 30-Hour Coffin Challenge takes place at 1 p.m. Saturday, October 13 and lasts until 7 p.m. Their coffin! That's r...More..

by | Monday, September 24, 2018

Return of $100 Oil Seen by Top Traders

Opec leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia , on Sunday ruled out any immediate extra increase in output, effectively rebuffing a call by per cent President Donald ...More..

The diesel Porsche is dead
by | Monday, September 24, 2018

The diesel Porsche is dead

And just like that, Porsche diesels are done. Current owners of Porsche models with diesel engines would continue to be serviced, Blume was quoted as saying by the paper. Porsche will not make diese...More..

Comcast out-muscles Fox in £29.7-billion deal for Sky
by | Monday, September 24, 2018

Comcast out-muscles Fox in £29.7-billion deal for Sky

The U.K. Takeover Panel announced that Comcast won the auction for the European pay-TV giant with a £17.28 per share offer, outbidding Fox's £15.67 per share price. Fox had always been trying to acquire the 61 ...More..

Michelle Guthrie sacked as Managing Director of ABC
by | Monday, September 24, 2018

Michelle Guthrie sacked as Managing Director of ABC

She was smart and we were excited. Ms Guthrie said she felt her termination was not justified, and she was considering her legal options. ABC managing director Michelle Guthrie has been sacked effective...More..

Australia strawberry scare: Woolworths halts sewing needle sales
by | Sunday, September 23, 2018

Australia strawberry scare: Woolworths halts sewing needle sales

The scare has prompted a series of supermarket recalls, and some stores in New Zealand have temporarily banned the sale of Australian strawberries. Needles have also been discovered in an apple and a banana, ...More..

Chennai Petroleum cancels Iran oil imports
by | Sunday, September 23, 2018

Chennai Petroleum cancels Iran oil imports

Currently, state-run companies like Mangalore Refinery and Petrochemicals Ltd (MRPL), Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Ltd (HPCL) contribute a larger chunk of Iran crude oil im...More..

Crude Oil Inventories Are In, WTI Futures Post Gains
by | Sunday, September 23, 2018

Crude Oil Inventories Are In, WTI Futures Post Gains

US President Donald Trump tweeted on Thursday that oil prices were too high, and he called for the OPEC cartel of oil producers to "get prices down!" Oil prices have been rising as supplies fall. This estim...More..

Oil Prices Fall Amidst Escalating Trade Jitters
by | Friday, September 21, 2018

Oil Prices Fall Amidst Escalating Trade Jitters

Since spring when the Trump Administration said it would impose the sanctions, crude traders have priced in a risk premium reflecting the supply shortages that may occur when exports from Iran , the third-larg...More..

Coca-Cannabis? Coke analyzing cannabis in wellness drinks
by | Friday, September 21, 2018

Coca-Cannabis? Coke analyzing cannabis in wellness drinks

Coke's interest signals the growing acceptance of cannabis by established companies, and of the importance of Canada to the development of those businesses, the wire service said. For example, Heineken's craft ...More..

Dozens injured on flight after plane loses cabin pressure
by | Friday, September 21, 2018

Dozens injured on flight after plane loses cabin pressure

A passenger who requested anonymity said , "Though people cooperated well and followed the crew instructions after oxygen masks were deployed, few of them found it hard to handle the decreased cabin pressure...More..

Audi unveils its all-electric Tesla Mannequin X competitor, the e-tron
by | Thursday, September 20, 2018

Audi unveils its all-electric Tesla Mannequin X competitor, the e-tron

The SUV employs a pair of cooled asynchronous motors attached to single-stage transmissions to deliver torque to the e-tron's axles. "When you tell an engineer that you want an electric auto with lots of ra...More..

Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg
by | Thursday, September 20, 2018

Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg

Right now, there are three Amazon Go stores in Seattle (7th & Blanchard, 5th & Marion, and 300 Boren Ave N) and one in Chicago. It would mark the latest example of Amazon's rapidly growing e-commerce, clo...More..

by | Thursday, September 20, 2018

Jack Ma walks back promise to create 1M USA jobs

Ma and Trump met in January 2017 to discuss how adding small and medium-sized USA businesses to Alibaba's platform would boost employment. While Ma had not detailed how he would add those jobs, he has sai...More..

McDonald's Staff In 10 US Cities Protest Over Workplace Sexual Harassment
by | Wednesday, September 19, 2018

McDonald's Staff In 10 US Cities Protest Over Workplace Sexual Harassment

Adrianna Alvarez, who has worked for McDonald's in Chicago for nine years , says the problem is "nationwide, worldwide". The affected cities include Chicago; Durham, North Carolina; Kansas City and St....More..

Say Cheese: Deals for National Cheeseburger Day 2018
by | Wednesday, September 19, 2018

Say Cheese: Deals for National Cheeseburger Day 2018

The unofficial - but kind of official - holiday falls on Tuesday, September 18, and there are several restaurants across the country providing deals. Ruby Tuesday: On September 18 and 19, So Connected membe...More..

US Tariffs Now Include Wireless Routers, China Responds
by | Wednesday, September 19, 2018

US Tariffs Now Include Wireless Routers, China Responds

He noted the day prior: " China has been taking advantage of the United States on Trade for many years". China has already imposed retaliatory tariffs on $ 50 billion worth of U.S. Mr Scissors said retali...More..

Trump imposes tariffs on $200B more of Chinese goods
by | Tuesday, September 18, 2018

Trump imposes tariffs on $200B more of Chinese goods

What's more, if Beijing retaliates, Trump says he's ready to impose tariffs on an additional $267 billion in Chinese goods. At the same time , the administration said it remains open to negotiations with...More..

by | Tuesday, September 18, 2018

U.S. slaps tariffs on $200bn in China goods as trade war escalates

Collection of 10 per cent tariffs on thousands of goods will start on September 24 but the rate will increase to 25 per cent by the end of the year, allowing United States companies some time to adjust their ...More..

India to merge three state-owned banks
by | Tuesday, September 18, 2018

India to merge three state-owned banks

In the previous such mega merger, five associate banks and the Bharatiya Mahila Bank became part of the state-run State Bank of India on April 1, 2017, making the country's largest lender among the world's top ...More..

United States imposes new $200bn tariffs on China
by | Tuesday, September 18, 2018

United States imposes new $200bn tariffs on China

Earlier yesterday Mr Trump claimed that the consequences of the global trade dispute have been "almost..." Once the new round of tariffs takes effect on Sept 24, punitive duties will be in place on roughly ha...More..

by | Tuesday, September 18, 2018

Ose $200 billion in tariffs on China from September 24th

A White House statement said tariffs would start at 10 percent and go into effect in a week, on September 24, before kicking into full gear at 25 percent at the start of the new calendar year. On the contrary, ...More..

by | Tuesday, September 18, 2018

Trump says cost increases from tariffs are 'almost unnoticeable'

According to these experts, a large USA trade deficit with China means that America is a wealthy country and American consumers can afford the most up-to-date devices. The total wave of tariffs thus far has not...More..

Coca-Cola, Aurora in talks about making cannabis-infused drinks
by | Tuesday, September 18, 2018

Coca-Cola, Aurora in talks about making cannabis-infused drinks

In a statement , Coca-Cola said it is monitoring the industry and is interested in developing new drinks infused with CBD or cannabidiol - the non-psychoactive ingredient found in cannabis plants which allev...More..

Sadiq Khan claims London's police are preparing for
by | Monday, September 17, 2018

Sadiq Khan claims London's police are preparing for "civil unrest" after Brexit

Writing in the Observer , London Mayor Sadiq Khan said that the United Kingdom is faced with either a "bad deal" or "no deal", and that the debate has become "more about Boris Johnson's political ambitions...More..

United States surpasses Saudi Arabia as world's top crude oil producer
by | Monday, September 17, 2018

United States surpasses Saudi Arabia as world's top crude oil producer

For the week, November WTI crude oil settled at $68.77, up $1.22 or +1.81%. The remaining sanctions will snap back on November 4. The United States is under the process of imposing new economic sanctio...More..

by | Monday, September 17, 2018

Time Magazine Sold to Salesforce Founder Marc Benioff for $190 Million

In a press release , the Iowa-based publisher of magazines such as Better Homes & Gardens, People and InStyle said the sale is expected to close within 30 days. "That's what we're looking for when we inves...More..

Ex-employee suspected after strawberries spiked with needles
by | Sunday, September 16, 2018

Ex-employee suspected after strawberries spiked with needles

The two brands affected by the original incident, Berry Obsession and Berrylicious, came from the same farm. ACT chief health officer Dr Paul Kelly said no contaminated Berry Liscious or Berry Obsession straw...More..

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