Business Timeline

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 »

iPhone 5S Sales Projections Break Records Despite Critical Reviews

iPhone 5S Sales Projections Break Records Despite Critical Reviews

iPhone 5S sales projections have beaten records despite many critics claiming Apple lacked innovation this time around. As previously reported by The Inquisitr, the Steve Jobs time capsule was lost for 30 years. Apparently, at the time the capsule was buried Steve Jobs was making future predictions about devices that eventually became known as the… Read more »

Hostile Takeover Of Safeway May Be Thwarted By ‘Poison Pill’

hostile takeover safeway

A hostile takeover of Safeway, the chain of supermarkets, may be impeded by the use of a “poison pill” tactic. Business can get dramatic sometimes, and Safeway’s hostile takeover involved the accumulation of a significant portion of stock by a group called Jana Partners. Earlier this week, Jana Partners disclosed in a Securities and Exchange… Read more »

Walgreens Drops Employee Health Insurance Coverage

Walgreens drops employee health insurance coverage

[Update: See the Walgreens response below] Walgreens, the nation’s largest drugstore chain, reportedly will no longer offer health insurance coverage to about 180,000 employees at its approximately 8,000 US stores. Going forward, workers will need to buy coverage on so-called healthcare exchanges with an employer-provided subsidy. The company apparently attributed the major change to its… Read more »

Forbes Richest 400: Bill Gates Is Still The Wealthiest American

Bill Gates Richest Man In America

Bill Gates is still by far the richest man in America, according to the Forbes Richest 400 list. Microsoft’s founder is worth an estimated $72 billion, while his next closest contemporary, Warren Buffett, holds onto a $58.5 billion fortune. Gates still operates a controlling interest in Microsoft and while his Bill & Melinda Gates Foundation… Read more »