Business Timeline

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 »

Seth Rogen: Hobby Lobby Attacked For Anti-Semitic Jewish Holiday Policy

Seth Rogen: Hobby Lobby Attacked For Anti-Semitic Jewish Holiday Policy

Seth Rogen’s Hobby Lobby tweets have been attacking the popular store for allegedly being anti-Semitic in how it treats Jews and their holidays. As previously reported by The Inquisitr, Hobby Lobby appreciation day supported their stance on religious freedom. Hobby Lobby declares itself a Christian company and they believe their employees shouldn’t be forced to… Read more »

Bill Gates May Be History At Microsoft [Report]

Bill Gates Future Microsoft

Bill Gates could be history at Microsoft if a few major shareholders get their way. The company’s founder currently serves as chairman. The rumors surrounding Gates came more than a month after CEO Steve Ballmer announced he will retire as soon as a replacement is named. Three investors, who own about five percent of the… Read more »

Apple Tops Coke As World’s Most Valuable Brand [Video]

Apple Topped Coke In Valuable Brand

Apple now tops Coca-Cola as the world’s most valuable brand, according to a popular report released on Monday. The report was put out by Interbrand, a consulting company owned by the Omnicom Group. The report’s purpose is to rank companies based on several factors, including financial performance and brand loyalty. The Los Angeles Times notes… Read more »

Bonds, Stocks In US Drop Over 2013 Government Shutdown Fears, Worse As 2007

Bonds, Stocks In US Drop Over 2013 Government Shutdown Fears, Worse As 2007

Bonds and stocks are dropping with global investors fearing the 2013 government shutdown fallout. As previously reported by The Inquisitr, the recent government shutdown history shows that both sides of Congress failed to reconcile any solution to the debt ceiling. A new Silvio Berlusconi scandal has left the Italian government almost non-functional this morning after… Read more »