Business Timeline

Peak Oil Hasn’t Been Averted, World Economy Still At Risk [Study]

Peak Oil Still On The Way, Shale Gas Not A Solution

Peak oil is still on the way and it’s not going to be pretty. At least, this is what a recent study examining oil production across the globe has found. The report comes from a multi-disciplinary, peer-reviewed study which seems to shoot down recent claims made by oil industry insiders and other sources. In fact,… Read more »

Bitcoin Bubble: Senate Holds A Hearing On Virtual Currency

Bitcoin Bubble

Some are arguing there’s a Bitcoin bubble, even as the US Senate holds a hearing on virtual currency. As previously reported by The Inquisitr, a company recently raised 9$ million to boost mainstream bitcoin use. The Bitcoin market price has been fluctuating all over the map, hitting $400 last week to rise all the way… Read more »

Microwave Popcorn Makers Face Long Road With Trans Fat Ban

Microwave Popcorn Makers Trans Fats

Makers of microwave popcorn could be the most affected by the FDA’s plan to ban trans fats from foods in the US. Popcorn is the source of much of the trans fats consumed by Americans each year. It will be a long process for manufacturers to rid the fats from their products, though some, like… Read more »

Mormon Church Will Be Florida’s Largest Private Landowner

Florida Land

The Mormon church will soon be Florida’s largest private landowner. The church made a deal to buy almost 400,000 acres of land in the state’s Panhandle region. A statement released by St. Joe Company, a Florida real estate firm, explained that the property purchased by the LDS church is mostly timberland, reports Reuters. The church… Read more »

Unemployment Rate Rises To 7.3% Even With 204,000 New Jobs

unemployment rate rises

The unemployment rate for October was released by the Labor Department on Friday. The report showed that 204,000 non-farming jobs were actually added to the market. In spite of the added jobs, the unemployment rate bumped from 7.2% in September to 7.3% in October. Economists were worried how the Government shutdown would affect the Labor… Read more »

Grand Canyon Uranium Mine Work Put On Hold

Grand Canyon Mine On Hold

A uranium mining company drilling near Grand Canyon National Park put its work on hold because of market conditions and the cost of litigation. The company, Energy Fuels Resources Inc., paused the operation until December 2014 or until a ruling is issued in a federal case challenging the US Forest Service’s decision to allow the… Read more »

Lululemon’s New Yoga Pants Draw Complaints Too

Lululemon New Complaints Yoga Pants

Lululemon has probably had enough of complaints about its yoga pants. The company also likely believed its sheer pants snafu was done and over. Unfortunately, it doesn’t seem that way. Just a few months after Lululemon recalled yoga pants for an issue that cost the company millions in sales, customers took to Facebook to complain… Read more »

Yuengling Brewery Fire Caused By Welder? [Video]

Yuengling Brewery Fire Caused By Welder

The Yuengling Brewery fire has had many wondering what the cause of fire was. As previously reported by The Inquisitr, the Yuengling Brewery fire caused over $1 million in damage but could have been far, far worse. The Yuengling Brewery fire may have looked horrible, with flames leaping from the roof and 60 firefighers dispatched,… Read more »

Google Stock Hits $1,000 Per Share

Google Stock Over 1000 Dollars

Google stock has hit $1,000 per share for the first time in company history. The search giant topped the $1,000 mark on Friday, making it one of the few businesses to reach that impressive milestone. Google joins Berkshire Hathaway, Priceline, and several other companies that have passed the 1K marker. Google, Inc. executives watched as… Read more »

Burberry CEO Angela Ahrendts Joins Apple

Angela Ahrendts Joins Apple

Burberry CEO Angela Ahrendts is leaving her post to join the team at Apple. The company hired Ahrendts to help strengthen its retail and online stores. She will report directly to Apple CEO Tim Cook starting in mid-2014. Ahrendts has achieved a lot of success in China, a market where Apple has struggled to increase… Read more »