Since Time Warner Cable is in the midst of merging with Comcast, is the former's staff attempting to outdo the ladder's workforce in terms of uncouth behavior?. Apparently so after a new report found that one Time Warner employee changed a customer's name to something very vulgar and … [Read more...]
Canadian Retail Sales Nosedive 2% in December
Canadian consumers were extra cautious this holiday season as retail sales took a dive in the month of December, even with tumbling gasoline prices that provided consumers with a little bit of extra money in their pocket. According to a new report from Statistics Canada, retail … [Read more...]
Poll: One-third of Millennials Would Text During Job Interview
Are you so addicted to your smartphone that you actually text during a crucial job interview? At a time when the labor market remains on shaky ground and the availability of jobs is limited, a significant number of millennial workers have the temerity to text throughout a job … [Read more...]
500,000 Walmart Employees Getting a Raise Thanks to Q4
As part of its fourth-quarter earnings report, discount retail juggernaut Wal-Mart announced it would be giving a pay increase to about half-a-million workers at its retail outlets across the United States as well as at all Sam's Clubs. The wage hike will begin offering hourly … [Read more...]
Nestle Betting it All on Natural Flavors, Ditching Everything Artificial
Nestle confirmed this week that it will become the first major candy maker to get rid of all artificial colors and flavors from its line of chocolate products. The company's executives believes consumers will not be able to tell the difference. The move, which is scheduled to be … [Read more...]
U.S. Household Debt and Student Loan Delinquency Rates Rise
American consumers' appetite for debt is ferocious. A few years after the Great Recession, United States households still haven't made any significant reductions in their debt levels, and in fact they are only adding greater amounts of debt. Also, today's millennials are having a … [Read more...]
Words You Thought You’d Never Hear, ‘Flip Phone Comeback’
A decade ago, flip phones were all the rage, but fast forward to today and it seems as if what's old is new again, at least in the nation of Japan, where there is a sort of flip phone craze unfolding. Data released by market researcher MM Research Institute (via Reuters) highlights … [Read more...]
Tim Hortons Deal Is a Whopper Loss in Fourth Quarter
Restaurant Brands International lost a whopper in the fourth quarter on the closing costs relating to its Double-Double deal that would see Burger King and Tim Hortons merge. According to its fourth-quarter earnings, Restaurant Brands lost $154.2 million, or $2.52 per share. At the … [Read more...]
Sitting Has Become the New Cancer According to Tim Cook
How often do you sit during your day? It's likely that you spend most of your day in a chair, both at work and at a home since the average American watches five hours of television per day. Apple CEO Tim Cook told a recent Goldman Sachs technology and Internet audience when … [Read more...]
Twitter Thinks ‘Niche’ Will Help Them Boost Ad Revenue
Twitter is making a splash in video content. Last month, Twitter announced that it would be establishing a native video player meant to take on the likes of YouTube, Facebook and Vimeo. As part of the new rollout, the microblogging network permits verified Twitter users to upload … [Read more...]
New York Building Inspectors Turn a Blind Eye to Safety Violations
New York City is suffering once again from a serious case of corruption among its public departments and officials. It was reported by the New York Post that the city has launched one of the biggest corruption crackdown cases in years after it was discovered that a dozen or so … [Read more...]
Facebook Creates Legacy Contact for Your Death
So...you're going to die eventually, but you better first select an heir apparent for your Facebook profile. Even thinking about one's demise may be quite morose, but it's a necessary fact of life. Although most legal experts will concur that every person should create a will, … [Read more...]
New York’s ‘Secret’ Real Estate Market and the Investors Behind It
An influx of wealthy foreigners are propping up New York's lucrative real estate market in order to shield their money from their governments and take advantage of the lax laws in the United States, says a new 8,000-word report authored by the New York Times. The investigation … [Read more...]
Massive Amount of Debt Leaves Canada Exposed for Economic Crisis
Canada is known for many things: a polite general public, a high standard of living and corrupt government officials. However, there is another attribute to add to the image of the Great White North: a world leader when it comes to debt. A new report published by the McKinsey … [Read more...]
Federal Reserve President Proposes Series of Bank Reforms
Richard Fisher, who is one of the most well-known members of the Federal Reserve, will be stepping down next month as president of the Dallas Fed after 10 years. He delivered his final speech to a New York audience Tuesday in which he called for a series of reforms for the century-old … [Read more...]
Samsung Says ‘Our Smart TVs are Not Monitoring Conversations’
Earlier this week, social media was abuzz after an influx of reports suggested that Samsung's Smart TVs secretly listen to living room chatter and record those conversations in order to place it inside a centralized data storage. This wasn't a conspiracy either because Samsung … [Read more...]
Corporate News: U.S. Coca-Cola Sales Up, Canon to Buy Sweden’s Axis
Coca-Cola beat Wall Street estimates, Canon is going to buy Sweden's Axis and Molson and MillerCoors saw weaker holiday sales this year. These are the headlines dominating Tuesday's business news. Coca-Cola not fizzling out It seems Coca-Cola isn't dead yet in North America as … [Read more...]
Home Depot Goes on Hiring Binge Looking for 80k Workers
With spring still a couple of months away, Home Depot is getting ready for the very busy home improvement selling season by announcing Tuesday that it is hiring more than 80,000 seasonal workers. This is the busiest time of the year for the company and it wants to ensure it has both … [Read more...]
Consumers Seek Healthier Food and McDonald’s Sales Suffer
McDonald's, the global fast food juggernaut that has been the victim of shifting consumer habits, experienced further negative data after it reported Monday that its international sales in the month of January declined 1.8 percent, mostly in Asian regions, particularly in China and … [Read more...]
Samsung Smart TVs are Listing to Your Private Conversations
When you and your family members are sitting in front of a Samsung Smart TV, be sure to refrain from talking about any personal matters because, well, it's actually recording you. Ostensibly, the warning from Samsung applies to users who control their Smart TVs through a voice … [Read more...]