Business Timeline

2015 Volkswagen Passat Aims To Be Big In China

2015 Volkswagen Passat

As new 2015 models are released, a new Volkswagen Passat is included among them. It is not, however, aimed primarily at the U.S. or European markets, as it has been in the past, but is instead aimed towards the largest emerging automotive market: China. The Volkswagen Passat has seen sales sliding in its traditional markets… Read more »

Microsoft’s Massive Layoffs Announced: 18,000 Over The Next Year

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Microsoft released a statement early Thursday that began with: Microsoft Corp. today announced a restructuring plan to simplify its organization and align the recently acquired Nokia Devices and Services business with the company’s overall strategy. These steps will result in the elimination of up to 18,000 positions over the next year. It was reported merely… Read more »

BMW Joins The Laundry List Of Air Bag Recalls

BMW-2014-Airbag Recall

BMW, the widely popular automobile manufacture, is considered by many to be the ultimate driving machine. It blends luxury and sport to accomplish the task at hand. The 3-Series tends to be their most economical of their line of cars. It comes with leather, power everything, and explosive passenger-side front air bags. BMW is facing… Read more »

Is Light Beer On The Way Out? Sales Projected To Hit 10-Year Low

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It looks like American’s taste for beer is becoming more sophisticated as sales of light beer are projected to hit a ten-year low by 2015. Once among the most popular, sales of Bud Light, Coors Light, and Miller Lite are becoming less enticing as specialty and craft brews are becoming a common trend among beer… Read more »

Amazon Destroyed Hachette This Week, But Media Didn’t Report It

Amazon Hachette War Is Over, Publisher Just Doesn't Know It Yet

COMMENTARY — Amazon and Hachette continue to be at an impasse over pricing terms, and if you’ve been reading a lot of the mainstream media outlets and watching Stephen Colbert, who is published by Hachette, it’s all Amazon’s fault. But here’s a little secret most of these entities don’t want to readily admit: they’re part… Read more »

CYNK Skyrockets As Wall Street Scratches Its Head

CYNK Technologies a fraud?

CYNK Technologies, a company that for years traded for pennies on the stock exchange has suddenly exploded 25,000 percent and is now trading at $41 a share with a valuation of over $6 billion. Before you rush out to sink your lifesavings into CYNK, it’s very important to understand that CYNK is actually nothing. It’s… Read more »

Cupcake Meltdown In NYC, Crumbs To Close All Locations

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It had a good run, but a cupcake craze spanning across more than a decade in New York City (and later, elsewhere) may be coming to an abrupt end with the closure of all outlet of the Crumbs chain of “cupcakeries.” Yesterday, it was reported that Crumbs — which operates in more than twelve states… Read more »

Burger King’s ‘Proud Whopper’ Gets Strong Reactions (Video)

Burger-King's-'Proud-Whopper'-Gets-Strong-Reactions

Burger King’s “Proud Whooper” was released just less than a week ago and already the burger is eliciting a wide range of reactions across social media. According to USA Today, the “Proud Whooper” is not any different from the chain’s regular whopper. “The Proud Whopper, as it’s called, comes wrapped in a rainbow colored wrapper… Read more »

Richard Mellon Scaife, Billionaire Conservative Activist, Dies At 82

Richard Mellon Scaife Death

Richard Mellon Scaife, a philanthropist and heir to the Mellon banking fortune, died on Friday at his home in Pittsburgh at the age of 82. His lawyer, H. Yale Gutnick, confirmed Scaife’s death. The reclusive billionaire was known for supporting right-wing causes and helped lay the foundations for America’s modern conservative movement, according to the… Read more »