Darren Rulofs

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Alphabet Finishes Reorganization With New XXVI Company

Alphabet Inc. is forming a new holding company designed to finalize its evolution from Google, the web search giant, into a corporate parent with …

Automotive Industry

How Tesla Motors, Inc. Plans to Stay Ahead In Batteries

Leadership is important for any business, but it's especially key to fast-growing businesses in evolving industries. This is why when <b>Tesla Motors</b> CEO Elon Musk speaks, many investors are quick to devour his words. While it's certainly possible to overanalyze or overthink words of a public figure …

General Mills Is Being Sued Over Cheerios Protein Claims

A health advocacy group claims Cheerios Protein has only "negligibly more protein" than original Cheerios.<p>The maker of one of America's favorite cereal brands could have a problem on its hands after attempting to appeal to the high-protein diet crowd. Eating a bowl of the new Cheerios Protein …

Verizon now charges $10 a day for international roaming

Verizon is trying to make it easier for people to use their cell phones abroad.<p>The carrier introduced a new option called TravelPass on Thursday that allows customers to make calls, send texts, and use data that counts against their existing monthly plan while they're overseas.<p>Previously, if …

Telecoms

Nordstrom pulls controversial Hanukkah sweater after Facebook firestorm

While Target is holding fast with its decision to market a controversial Christmas sweater, Nordstrom has buckled under the weight of social media criticism, pulling a potentially offensive Hanukkah version from its ugly holiday sweater lineup.<p>The festive blue women's sweater by Faux Real features …

Retailers spend billions on Christmas TV ads

The annual race for "blockbuster" status has begun.<p>U.K. retailers are rolling out their Christmas holiday season commercials, hoping their ad will be the funniest, most heart warming or tear jerking - or biggest viral hit.<p>In the running this year: Jeff Goldblum, a lonely old man and an ad by Paypal …

Downton Abbey

Sears Canada sells more real estate, including $100-million distribution centre

Sears Canada says it will receive $100-million by selling its distribution centre north of Toronto, though it plans to continue to operate in the building when the deal closes next year.<p>The retailer also announced Friday that it has vacated another distribution centre at an undisclosed location and …

Ben And Jerry's New Vegan Ice Cream Will Be Made With Almond Milk

Ben and Jerry's is one step closer to unleashing a vegan version of its often-chunky-always-delicious pints to freezer aisles nationwide.<p>The company first announced testing the addition in July, appeasing a minimum of 28,432 people who petitioned for the variant on Change.org. The news came with a …

Food

Elon Musk Says 500-Mile Electric Cars Are Just 10 Years Away

The cost of batteries is dropping as we write. This kind of range could be possible soon.<p>With battery technology evolving as quickly as it is, an electric car that could drive round-trip between New York and Washington, D.C. on a single charge could be just 10 years away, according to Elon …

Tesla

German Government Now Investigating Audi for Emissions Cheating

VW Group admitted the cheat software was used in some Audis, so the German government is opening a separate investigation.<p>VW Group's emissions-cheating software wasn't just found in Volkswagen-branded vehicles—the automaker admitted that the cheat was used in some Audi and Porsche products too. …

German Politics

Grounded: GoPro crashes below IPO price

Once a highflying stock, GoPro has officially been grounded.<p>GoPro's (GPRO)fall from grace has been stunning. The latest blow came this week as the wearable camera maker's shares crashed below their IPO price of $24.<p>That means virtually all GoPro common stock investors -- even institutional ones who …

GoPro

Virgin America teams with Netflix for binge watching at 30,000 feet

Fans of<p>"House of Cards"and"Orange Is the New Black"can now catch up on their favorite series while flying onVirgin America.<p>The Burlingame, Calif.-based airline has announced a partnership with Netflix to let members of the on-demand media provider watch movies and shows for free on the airline's …

Employment

Wal-Mart lays off 450 workers at headquarters

Wal-Mart has laid off 450 workers at its headquarters as the world's largest retailer attempts to become more nimble to compete with the likes of Amazon.com.<p>There are more than 18,000 people who work at the headquarters Bentonville, Ark. The cuts were across all areas, from finance to global …

Kansas City

Glencore holds talks with potential investors in its agriculture business

The commodities giant is thought to be in talks with Singapore’s sovereign wealth fund and Middle Eastern investors<p>Glencore is understood to be in talks with several potential investors for a roughly $2bn stake in its agricultural commodities business.<p>One of the potential buyers of a minority stake …

Credit Suisse

The 10 things in advertising you need to know today

<b>1. A mobile carrier has, for the first time, started blocking all ads on consumers' phones.</b> Jamaica-based carrier Digicel has become the first official customer of mobile ad blocking software provider Shine.<p><b>2. News Corp has sold off its money-losing education brand Amplify.</b> Around 500 jobs have …

Advertising
Carbon Emissions

You can legally buy recreational pot in Oregon starting today

Marijuana dispensaries in Oregon can start selling recreational pot starting today.<p>Oregon’s legal market for recreational marijuana kicks off …

Cannabis

Volkswagen, Audi sales increase despite emissions cheating scandal

September auto sales were so strong in the U.S. that even Volkswagen squeezed out a gain — despite halting all sales of its diesel cars because of an emissions test-rigging scandal.<p>Volkswagen's U.S. division said it sold 26,141 vehicles in September, up 145 cars from what it sold in September …

Cannabis