General Electric Pays $1.5B To Resolve Subprime Loan Probe; Share Value Skyrockets

Posted by David Gold on Feb 11th, 2019

It looks like General Electric Co is on track to have its best day in almost a decade as the company posted stronger-than-expected fourth quarter results on Thursday. More importantly, this highest-single-day gain also...

GM Offers Voluntary Buyout to 18,000 Salaried Employees in Cost-Cutting Scheme

Posted by David Gold on Nov 3rd, 2018

In a concerted effort to cut costs, General Motors has offered upwards of 18,000 voluntary buyouts to salaried employees with 12 years of experience (or more) in North American operations. To put this in perspective, GM hired 17,000...

Sprint Forecasts for Revenue and Profit Beat, Shares Move Higher

Posted by David Gold on Nov 1st, 2018

Sprint beat estimates on Wall Street for its revenue and profit as well as overall subscriber additions Wednesday helping drive shares higher by 9% at the No. 4 wireless carrier in the U.S. Sprint is awaiting approval from regulators...

Facebook Revenue, User Growth Miss Expectations

Posted by David Gold on Oct 31st, 2018

Quarterly revenue as well as user growth at Facebook upset investors amidst a difficult year for the social media giant that has faced data misuse, election meddling and misinformation on its platform Facebook’s total revenue was...

Market Volatility Shakes US Stocks

Posted by David Gold on Oct 29th, 2018

Shares in US equities fell notably early this week as international markets continue to grow concerns about weak corporate earnings and, perhaps more importantly, escalating global tensions. For example, the Standard & Poors 500...

Chipotle Shares Pop on Earnings Beat

Posted by David Gold on Oct 26th, 2018

More expensive burrito bowls and more orders on mobile devices helped Chipotle Mexican Grill to exceed expectations for earnings on Thursday despite the number of customers being less that entered its restaurants during its third quarter. During...

Twitter Revenue Soars Despite Dropping 9 Million Users

Posted by David Gold on Oct 25th, 2018

Shares of social media micro-messaging app Twitter soared more than 17 percent this week, on the heels of the company reporting higher-than-expected earnings and revenue in Q3. As a matter of fact, this is the fourth consecutive...

Marlboro Maker Is Pulling Pod-Based Cigarettes From the US Market

Posted by David Gold on Oct 25th, 2018

Tobacco giant Altria Group—the parent company of Philip Morris USA, and the manufacturer of Marlboro brand cigarettes—has announced their plan to stop selling specific vaping products until federal US regulators address “the...

US Stock Market Takes A Tumble After Investor Selling Frenzy

Posted by David Gold on Oct 25th, 2018

The US stock market took a big tumble mid-week, hinging on both the Dow Jones Industrial Average and the Standard & Poors 500 closing in negative numbers. This is a major development because both of these indices managed to hit...

New Smokeless Cigarettes Announced by Philip Morris in Bid to Improve Sales

Posted by David Gold on Oct 23rd, 2018

Philip Morris International has unveiled a new smokeless tobacco lineup by releasing two new versions of its IQOS products in the 40 or more markets worldwide the products are already being sold. It also announced a new device called...

Could Your Finger Length Determine Your Sexuality?

Posted by David Gold on Oct 22nd, 2018

An interesting new study suggests that the length of a woman’s fingers could actually be a strong indicator of sexual orientation. Published in Archives of Sexual Behavior, the new study reports it is actually quite likely that...

Procter & Gamble Faces Slow Growth from Stiff Competition

Posted by David Gold on Oct 20th, 2018

Procter & Gamble recently released a new report showing that quarterly earnings surpassed analyst’s expectations. Of course, even with higher earnings, the slight revenue miss is probably not going to quell investors who are...

Definitive Study Confirms that Exercise is the Best Health Strategy for Long Life

Posted by David Gold on Oct 20th, 2018

There is no argument that exercise is good for you, but exactly what benefits—and how much benefit—you receive are somewhat up for debate. Sure, exercise contributes to better health, but not all workouts are the same, and different...

Do Dogs Understand Human Language?

Posted by David Gold on Oct 19th, 2018

It is somewhat common knowledge that our canine pals have, at the very least, some capacity for understanding human language. Simply train a dog to “sit” or “stay” or “fetch” and this fact is obvious. Perhaps that is...

New Evidence Further Supports That Seafood Contributes to Healthy Aging

Posted by David Gold on Oct 19th, 2018

A new study reaffirms just how good for you Omega-3 fish oils could be for you. Existing research has long proven that Omega-3 fatty acids can help improve soft tissue integrity throughout your body: they can strengthen your brain,...

Trader Joe’s, 7-Eleven, Whole Foods Hit With New Food Recall Over Salmonella and Listeria Concerns

Posted by David Gold on Oct 19th, 2018

If you enjoy the ready-to-eat salads at places like Trader Joe’s you need to pay attention. Food suppliers GH Foods CA, Mary’s Harvest Fresh Foods, GHSE, and Prime Deli Corporation have collectively recalled 2,811 pounds...

Which Countries Have the Highest Life Expectancy?

Posted by David Gold on Oct 19th, 2018

It is not easy to accept the inevitable fate that there is a temporal limit to this existence, that our lifespan does, indeed, have an end. If you live in Japan, though, you can rest assured that the people of your country consistently...

US Stocks Tumble on Feeble Industrial and Tech Earnings

Posted by David Gold on Oct 19th, 2018

Heading into the weekend, US stocks fell again, on the heels of investors continuing the sale of shares of technology and internet companies, as well as industrial firms and companies who rely heavily on consumer spending. Looking...

Peleton Branching out to London and Toronto

Posted by David Gold on May 22nd, 2018

Peleton is taking the world for a ride. They are opening stores in the UK and Canada to push their line of smart exercise bikes. The bikes are unique in their ability to stream exercise workouts and classes directly to the screen so...

Steel Rolex GMT-Master II Pepsi Now On-Sale for a Sub-$10,000 Price

Posted by David Gold on Apr 15th, 2018

More luxury watch aficionados than ever before are factoring value for money into the equation. The trick being to somehow eliminate OTT costs, without compromising prestige or performance. Too much to ask? Maybe not – hence the...

Twisted X Boots Review

Posted by David Gold on Feb 19th, 2018

With a footwear line-up that looks as ‘twisted’ as it can get, Twisted X is the go-to brand if you’re on the hunt for a pair of boots that will really stand out in a crowd. I went through the company’s extensive boot line-up...

The Car Seat Kids Want To Ride In? Guardimals Unleashed by Sentry Baby Products

Posted by David Gold on Oct 31st, 2017

Jim Holley is a man on a mission. A mission to combine advanced car safety with a huge dose of fun. And judging by the reaction to his ‘Guardimals’ booster car seats today, it’s already mission-complete! A former aerospace structural...

A Prescription for Saving Money

Posted by David Gold on Jun 27th, 2017

The prescription drug industry in worth billions annually. And untold millions of citizens depend upon them, for everything from expensive drugs necessary for basic survival to the aspirin our teacher takes when our children finally...

Eight Tips For Healthier, Happier Feet This Summer

Posted by David Gold on May 16th, 2017

To some, the summer months represent that glorious time of year when it’s once again possible to whip-out those feet for a real sense of freedom. For those whose feet aren’t exactly in the best condition, quite the opposite. So...

New Study Links Low-Intensity Exercise with Improved Vision

Posted by David Gold on Apr 13th, 2017

It’s no secret that the benefits of exercise are not only limited to getting fitter and stronger. Whether it’s improving our moods, bossting sleep health or reducing the likelihood of developing hundreds of chronic diseases,...

New Jersey Begins ‘Baby Box’ Program to Help Reduce Sudden Death Rates

Posted by David Gold on Feb 27th, 2017

New Jersey has taken a welcome lead from Finland’s book this week, having begun the implementation of North America’s first “baby box” program. The Finnish have been running their own scheme for years – each baby born in...

Experts Warn: Beware Counterfeit Baby Products

Posted by David Gold on Feb 27th, 2017

Parents the world over are once again being warned not to fall foul of cheap counterfeit merchandise, when picking up toys and accessories for babies. As is the case across pretty much every consumer market these days, the market for...

Tough as Old Boots – The New $130 Tank Xtreme 5.0

Posted by David Gold on Feb 19th, 2017

If there’s one thig to be said about American Smartphone company Blu, it’s that they’re going for it both barrels this year. They’ve both launched and announced the launch of a bunch of new devices, including precisely the...

Simple Financial Planning for 2017

Posted by David Gold on Dec 25th, 2016

A new year is coming and oh how quickly. Although no one knows what tax and financial changes a Trump administration may bring, there are some time tested basics you need to remember for the new year. Make an investment in your IRA. You...

‘High There’ Dating App Brings Woo to the Weed World

Posted by David Gold on Feb 6th, 2015

You’ve really got to hand it to today’s app developers as just when you’ve decided all gaps in the market have gone, they’ll find another and fill it. Tinder did a pretty good job of helping mobile-types hook up with new and...

GM Ignition Switch Death and Injuries Tallies Will Rise ‘Absolutely’ Warns Fund Manager

Posted by David Gold on Feb 2nd, 2015

A representative of the compensation fund for victims of GM’s ignition switch scandal has suggested that a great many more injuries and deaths can and will be linked to the automaker over the coming months. In total, around 2.6 million...

Marriott Bows to FFC Ruling, Will Not Appeal Wi-Fi Blocking Ban

Posted by David Gold on Feb 2nd, 2015

Marriott Hotels has confirmed its intention not to appeal against the Federal Communications Commission’s decision to barring access to personal Wi-Fi networks within the company’s property’s. Having been slapped with a penalty...

Uber and Co. Take Credit for 6.5% DUI Slide in California

Posted by David Gold on Feb 2nd, 2015

A new study suggests that app-based taxi services like Uber, Lyft and Sidecar have already led to a marked decline in drunk driving accident rates in busy urban centers. Commissioned by Mothers Against Drunk Driving and Uber, the project...

Consumer Spending Down Despite Low Gas Prices, Strong Job Creation

Posted by David Gold on Feb 2nd, 2015

December saw a fall in consumer spending of 0.3%, suggesting that the US public is still cautious about overspending in spite of strong job creation and falling gas prices. Monday’s report from the Commerce Department outlined a...

US Gas Prices Break $2 Barrier After Five Weeks of Lows, AAA Reports

Posted by David Gold on Feb 2nd, 2015

US gas prices have once again broken the $2 per gallon barrier after remaining below the mark for an extraordinary five straight weeks. According to AAA Michigan, self-serve regular has over the past seven days in price to $2.11 per...

Verizon Promises Supercookie Opt Out as Subscriber Backlash Intensifies

Posted by David Gold on Feb 2nd, 2015

If the idea of Verizon’s ‘supercookies’ creeped you out more than a seriously creepy thing, you might be glad to hear there’s an opt-out coming. There weren’t many that reacted with anything but outrage and a collective shudder...

Raspberry Pi 2 Packs Six Times More Power, Will Support Windows 10

Posted by David Gold on Feb 2nd, 2015

The Raspberry Pi 2 Model B has picked up where its predecessor in spectacular style, offering up to six times the power of the Model B+ for pretty much the same price. According to the brains behind the world’s most iconic micro-PC,...

Analysts Predict Stellar Early Apple Watch Sales, Expect Stock Shortages

Posted by David Gold on Jan 28th, 2015

All we really know for sure about the Apple Watch for the time-being at least is that a March release date is on the cards. Not that the folks in Cupertino have confirmed as such, but the vast majority of leading tech analysts seem...

For Microsoft’s Surface Pro 4, The Future Has Never Looked Brighter

Posted by David Gold on Jan 28th, 2015

As news breaks that Microsoft’s Surface hardware lineup has at long last begun bringing at least a little favor to the Redmond software group, reports continue to circulate of a whole new take on the device for its upcoming fourth-generation...

iPhone Controlled Home Security for $99 – Lockitron Unveils the ‘Bolt’

Posted by David Gold on Jan 28th, 2015

You know that nagging feeling you get from time to time that you might have forgotten to lock the front door? Well, how about if there was a way of never having to worry about it again, all for a nominal price of $99 all-in? That’s...

Cyber Monday Retail Stats Show Massive Mobile Movement Over 2013

Posted by David Gold on Dec 8th, 2014

Second only to Black Friday in pure chaos stakes, Cyber Monday has traditionally been one of America’s most bewilderingly blistering days of the country’s annual retail calendar. Famed for pulling tens of millions of consumers...

Senate bill passed for market rate based, student loan, interest rates

Posted by David Gold on Jul 25th, 2013

There have been some heated debates in Congress, as Senators currently debate a change to the Student Loan repayment system. Any changes to Student Loans are very sensitive, in fact the whole subject creates flaired tempers. The Senate...

Student Loan Interest Rate Doubles Overnight to 6.8%

Posted by David Gold on Jul 2nd, 2013

The interest rate on college students’ subsidized Stafford loans have doubled overnight to 6.8%. This not only adds financial burden to the 7 million students expected to take out Stafford loans in the coming scholastic year, but...

September 20 Prediction for Release Date of iPhone 5S

Posted by David Gold on Jul 1st, 2013

Dave Smith, technology editor for International Business Times predicts a release date of 20 September with a product announcement ten days earlier, which includes 18 September as the release date of iOS7. Smith assumes that...

Sales Fizzling for BlackBerry – Doubtful Comeback

Posted by David Gold on Jul 1st, 2013

A disappointing earnings report for Blackberry caused its shares to lower, despite the company’s efforts to turn the company around with the introduction of the new Blackberry 10 software and phones. The Waterloo, Ontario-based...

Student Loan Interest Rates Doubling to 6.8% – 1 July

Posted by David Gold on Jul 1st, 2013

Student loans are a headache for college graduates. However, they will be hit with another financial burden as the interest rates could double. Frank Willshire, a software engineer who is still paying off loans incurred...

Positive News For Stocks: Boeing and HP Take the Lead

Posted by David Gold on Jun 28th, 2013

There is still time left before the central bank starts decreasing its bond purchases. This is what was suggested by Federal Reserve policymakers in several speeches. Due to this and positive economic reports, yesterday, Thursday June...

Three-Week Low for Euro – ECB Concerns

Posted by David Gold on Jun 27th, 2013

The euro declined to a three-week low against the U.S. dollar. It also fell against Japanese Yen yesterday (Wednesday 26 June) following the European Central Bank’s President Mario Draghi’s comments emphasizing the risks to euro...

Weak Consumer Spending Revised Down US GDP

Posted by David Gold on Jun 27th, 2013

The initial estimate of the U.S. economic performance by the Commerce Department was 2.4 percent. However, on Wednesday 26 June, the Department revised the estimate down to 1.8 percent. This result is the weakest in two years and...

Huawei Has Set It’s Sight on Apple’s iPhone 6 – Competition

Posted by David Gold on Jun 27th, 2013

Apple, being an industry leader, often finds itself being watched by its competitors who try to produce and deliver iPhone competitive gadgets. Huawei, a Chinese company, has lately set its eyes on Apple and iPhone 6. Even though,...

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