Abbott Laboratories Acquiring Medical Technology and Service Company St. Jude for $25 Billion

Abbott Laboratories Acquiring Medical Technology and Service Company St. Jude fo

On Thursday, Abbott Laboratories said it would buy Minnesota based, medical technology company St. Jude Medical Inc for $25 billion. Te main aim is to enlarge its heart device business. However, investors are worried that this acquisition will most probably not pay off like it's promised. It will be a cash-and-stock acquisition. Abbott plans to borrow money for the deal.

Amazon Beats Expectations with Strong First Quarter Earnings Report

Amazon Beats Expectations with Strong First Quarter Earnings Report

The world's biggest online retail giant Amazon, reported better than expected quarterly results on Thursday which pushed its shares higher up during the after-hours trading. Amazon's shares climbed about thirteen percent to $679 during the extended trading hours.

Recently, Facebook reported brighter results than expected and now Amazon joins the team. On Thursday,

Michael Pearson, Valeant’s Outgoing CEO Admits Dramatic Increases of Certain Drugs was a Mistake

Michael Pearson, Valeant’s Outgoing CEO Admits Dramatic Increases of Certain Dru

On Wednesday, Valeant Pharmaceuticals International Inc's outgoing CEO Mr. Pearson told a Senate committee that the company was too aggressive in radically raising its drug prices and it was a mistake. The company's new CEO and the board members promise that a change will be noticed soon.

Facebook Inc Posted a Better than Expected Revenue with Boost in Mobile Advertisement Sales

Facebook Inc Posted a Better than Expected Revenue with Boost in Mobile Advertis

On Wednesday, Facebook Inc once again reported a better than expected quarterly results. The company's quarterly revenue climbed more than fifty percent mainly attributed to its extremely popular mobile app. Its live video also attracted new advertisers and also lured the existing advertisers to increase spending.

Organic Consumers Association Files Lawsuit against Honest Company over its Premium Infant Formula

Organic Consumers Association Files Lawsuit against Honest Company over its Prem

Once again Jessica Alba's, Honest Company has come under fire for violating the Organic Products Act. Earlier a lawsuit was filed alleging that Honest falsely labeled its sunscreen and cleaning products and this time it's over the Premium Infant Formula.

SpaceX Could Land Its Dragon Spacecraft on Mars as Soon as 2018

SpaceX Could Land Its Dragon Spacecraft on Mars as Soon as 2018

Elon Musk's SpaceX or Space Exploration Technologies Corporation could be very close to landing its Red Dragon spacecraft on Mars. The company said it could do it as early as 2018. That could fulfill the billionaire CEO's goal of sending the human race to the Red Planet.

Man fleeing robbery, jumps White House fence

Man fleeing robbery, jumps White House fence

In a bizarre case, a man allegedly fleeing a robbery from the Eisenhower Executive Office Building accidently jumped the White House fence.

Donald Trump and Hillary Clinton win big on recent big Tuesday

Donald Trump and Hillary Clinton win big on recent big Tuesday

Republican Presidential candidate Donald Trump and Democrat hopeful Hillary Clinton both scored huge victories on the most recent Tuesday being both to a obtaining their respective party's nomination.

Latest News

Abbott Laboratories Acquiring Medical Technology and Service Company St. Jude fo
Amazon Beats Expectations with Strong First Quarter Earnings Report
Michael Pearson, Valeant’s Outgoing CEO Admits Dramatic Increases of Certain Dru
Facebook Inc Posted a Better than Expected Revenue with Boost in Mobile Advertis
Organic Consumers Association Files Lawsuit against Honest Company over its Prem
SpaceX Could Land Its Dragon Spacecraft on Mars as Soon as 2018
Man fleeing robbery, jumps White House fence
Donald Trump and Hillary Clinton win big on recent big Tuesday
Twitter’s User Number Remain Almost Stagnant in the First Quarter
Japanese Carmaker Mitsubishi Admits of Misleading Fuel-Economy Testing for Some
iPhone Sales Decline for the First time
Reportedly DreamWorks Animation has a Buyer Offering More Than $3 Billion
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