Baltimore bans sugared drinks from kids’ menus

Sugared drinks ban not so sweet for restaurants Baltimore announced Wednesday that sugared drinks will now be banned from kids’ menus in the entire city. The city is the largest to do so, passing the Baltimore City Healthy Kids Meals Bill in April and putting it into effect this week. Restaurants who fail to comply […]
  • 2 Days ago

Airbnb will be regulated in New York City

City Council challenges Airbnb New York City’s City Council voted on Wednesday to move a bill forward that will block rental services like Airbnb. For hosts to continue renting their space short-term, they will need to register their space with the Office of Special Enforcement. If the bill passes, Airbnb will have to give the […]
  • 2 Days ago

Microsoft has first $100 billion year

Microsoft sales on Cloud Nine Microsoft announced Thursday that it raked in $110 billion in the 2018 fiscal year – the first time it’s eclipsed $100 billion in the history of the company. The milestone largely stems from the tech giant’s investment in its cloud business. Their commercial cloud arm pulled in almost $7 billion […]
  • 2 Days ago

New York City Airbnb Hosts Hit Hard With New Regul...

The New York City Council has advanced new regulations regarding short-term rentals like Airbnb. The bill intends to force Airbnb hosts to register with New York City’s Office of Special Enforcement. The bill was proposed back in May. The City is trying to enforce these regulations to enable landlords and tenants from creating illegal hotels. […]
  • 3 Days ago

Jeff Bezos Reaches New Net Worth After A Successfu...

Jeff Bezos, the founder and chief executive officer of Amazon, hit a new net-worth record at $151.4 billion. Following strong sales on Amazon Prime Day, Forbes reported that Bezos’ worth reached its peak during the 36-hour period. Amazon shares increased 1.18% and closed on Tuesday at $1,843.93. In an email with Forbes, a spokesperson stated […]
  • 3 Days ago

Prime Day marks biggest shopping event for Amazon

Amazon continues to roll This year’s Amazon Prime Day was the biggest shopping event in the history of Amazon. Sales on the day eclipsed that of Cyber Monday, Black Friday, and other major shopping days. According to the company, Amazon Prime members purchased over 100 million products. Items varied but popular sales included video games, […]
  • 4 Days ago

Jeff Bezos Reaches New Net Worth After A Successful Prime Da...

Jeff Bezos, the founder and chief executive officer of Amazon, hit a new net-worth record at $151.4 billion. Following strong sales on Amazon Prime Day, Forbes reported that Bezos’ worth reached its peak during the 36-hour period. Amazon shares increased 1.18% and closed on Tuesday at $1,843.93. In an email with Forbes, a spokesperson stated […]
  • 3 Days ago

New York City Airbnb Hosts Hit Hard With New Regul...

The New York City Council has advanced new regulations regarding short-term rentals like Airbnb. The bill intends to force Airbnb hosts to register with New York City’s Office of Special Enforcement. The bill was proposed back in May. The City is trying to enforce these regulations to enable landlords and tenants from creating illegal hotels. […]
  • 3 Days ago

New York City Airbnb Hosts Hit Hard With New Regul...

The New York City Council has advanced new regulations regarding short-term rentals like Airbnb. The bill intends to force Airbnb hosts to register with New York City’s Office of Special Enforcement. The bill was proposed back in May. The City is trying to enforce these regulations to enable landlords and tenants from creating illegal hotels. […]
  • 3 Days ago

Jeff Bezos Reaches New Net Worth After A Successfu...

Jeff Bezos, the founder and chief executive officer of Amazon, hit a new net-worth record at $151.4 billion. Following strong sales on Amazon Prime Day, Forbes reported that Bezos’ worth reached its peak during the 36-hour period. Amazon shares increased 1.18% and closed on Tuesday at $1,843.93. In an email with Forbes, a spokesperson stated […]
  • 3 Days ago

JetBlue Founder David Neeleman Starting a New Airl...

The founder of JetBlue Airways, David Neeleman, bought 60 Airbus A2220-300 commercial jets and is starting a new airline. The 60 planes cost him $5.4 billion and Neeleman plans on launching the airline by 2021. Neeleman issued the following statement: “After years of U.S. airline consolidation, the conditions are improving for a new generation of […]
  • 4 Days ago

Microsoft has first $100 billion year

Microsoft sales on Cloud Nine Microsoft announced Thursday that it raked in $110 billion in the 2018 fiscal year – the first time it’s eclipsed $100 billion in the history of the company. The milestone largely stems from the tech giant’s investment in its cloud business. Their commercial cloud arm pulled in almost $7 billion […]
  • 2 Days ago

New York City Airbnb Hosts Hit Hard With New Regulations

The New York City Council has advanced new regulations regarding short-term rentals like Airbnb. The bill intends to force Airbnb hosts to register with New York City’s Office of Special Enforcement. The bill was proposed back in May. The City is trying to enforce these regulations to enable landlords and tenants from creating illegal hotels. […]
  • 3 Days ago

Stock markets on the up-and-up

The stock market is currently thriving The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all closed at brilliant levels on Friday. The Dow reached 25,000 points, its highest in the past 30 days. Secondly, the S&P 500 hit its highest point in the past five months. And finally, the Nasdaq closed at a […]
  • 6 Days ago

Uber potentially facing gender discrimination laws...

Uber faces über lawsuit The US Equal Employment Opportunity Commission is investigating Uber for potential gender discrimination. According to some sources close to the matter, this investigation has been ongoing since August 2017. CEO Dara Khosrowshahi has been trying to change the cultural atmosphere of Uber, which had been toxic ever since previous owner Travis […]
  • 5 Days ago

Obama Administration Goes After JPMorgan

In separate lawsuits filed on this past Wednesday, the Obama administration accused JPMorgan Chase & Co. of several discriminatory practices. JPMorgan, regarded as the country’s biggest bank, has been the recipient of claims of bias for years, going back at least to 2009. These claims by the government accuse the lender of discriminating against minorities in […]
  • 2 Years ago

Credit Suisse Reaches Mortgage Settlement With the U.S.

After being accused of deceiving its investors by selling faulty mortgage securities, Credit Suisse will pay $5.3 billion in a settlement. This news comes just after Deutsche Bank agreed to a $7.2 billion settlement over similar allegations. The Department of Justice announced Wednesday that as part of the agreement, Credit Suisse pays $2.48 billion as […]
  • 2 Years ago

Corona Stock Plummets After Trump Makes Remarks

Stock for Constellation Brands, the U.S. distributor of Mexican-made beers like Corona, Modelo, and Pacifico, has dropped since Trump’s election. One day after the election on November 8, the company’s stock dropped seven percent; On Tuesday, it was down 10 percent, according to CNN Money. Trump’s campaign has threatened to impose a “border tax” for goods […]
  • 2 Years ago

A New Wave of Electric Cars Shown Off at the Detroit Auto Show

For many auto enthusiasts, the Detroit Auto Show is the highlight of the year. It’s the perfect chance for investors and automakers from all over the globe to gather around and admire each other’s hard work and dedication.  Nearly all automakers have excitedly begun diving head first into the future of electric and autonomous cars. […]
  • 2 Years ago

Walmart Produces 10,000 Jobs Due to Trump Pressure?

The pressure from President-elect Donald Trump isn’t just resting on the shoulders of auto companies. Even retailers like Walmart are feeling it. This Tuesday Walmart announced the creation of nearly 10,000 jobs in the U.S. However, these 10,000 jobs it plans to create this year is just a small number compared to the 1.4 million […]
  • 2 Years ago

Facebook Set to Invest Over $3 Billion in Virtual Reality

Facebook CEO Mark Zuckerberg announced his plan to invest over $3 billion in virtual reality over the next decade while testifying in the $2 billion lawsuit on the origins of Oculus. Oculus is the virtual reality company Facebook acquired in March 2014. The lawsuit concerns the intellectual property of Oculus. The current Oculus CTO, John Carmack, […]
  • 2 Years ago

Rolls-Royce Agrees to Pay More Than $800 Million In Bribery Settlement

In a news release on Monday, Rolls-Royce said it has agreed to settle its bribery and corruption cases with U.S., U.K., and Brazilian authorities by paying over $800 million to the countries in question. The cases involve bribery and corruption of intermediaries in markets overseas. The company cooperated with authorities on the cases, admitting guilt […]
  • 2 Years ago

Bitcoin Receives New License

Coinbase, the world’s largest bitcoin company, received permission from the New York Department of Financial Services (DFS) for virtual currency and money transmitter license. The superintendent of DFS Maria Vullo made the announcement Monday. In her statement, she commented on her hope that DFS would continue “New York’s long record of being responsive to technological […]
  • 2 Years ago

Will Android One be Coming to the U.S.?

If you recall Google’s Android One, you’ll remember that it was initially created to bring low-cost Androids to developing markets. The Android One, however, intentionally came without the hindrances of many other low-cost Androids. For example, lack of software, competing services, and security updates. Recently it was announced that the Android One will be bringing […]
  • 2 Years ago