Emilio Ramon

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UK is pumping $850M in electric cars between now and 2020

Despite hefty incentives, electric vehicle sales have remained stagnant in the United Kingdom.<p>While sales doubled in 2013 compared to 2012, matching the global trend, just 2,500 vehicles found homes last year. That’s less than the Nissan Leaf sells in some single months in the United States.<p>The UK …

Universal Has A Big Stake In Beats That's Worth Nearly $500 Million

Little known to most everyone is that Universal owns a 14% stake in Beats, which at the rumored $3.2 billion sale price equates to a windfall of $448 million for the world's largest record label.<p>Jimmy Iovine, who along with Dr. Dre founded Beats Enterainment, has made Universal Music Group his …

Bands

Food Industry to Sue over Vermont GMO Foods Law

A national food industry group says it will file suit in federal court within weeks challenging Vermont's new law that requires labels on genetically modified foods.<p>The Grocery Manufacturers' Association said Thursday, the same day the Vermont governor signed the law, that government has no …

Agriculture

Massive Ad Industry Merger Collapses

The merger, first announced this past July, would have created the world's largest advertising holding company, dethroning current No. 1 WPP.<p>The two companies confirmed the Wall Street Journal's report in a joint statement shortly afterward, saying that they had released each other from all …

Yahoo yanks anti-abortion ads for violating its policies

After Google wiped several ads that discouraged women from having abortions because they violated the company’s advertising policies, Yahoo now does the same.<p>On the heels of Google pulling a slew of anti-abortion ads from its "abortion clinics" search results, Yahoo has now followed suit. The move …

Pro-life Movement

Apple is reportedly close to buying Beats for $3.2 billion

The days of Apple limiting itself to (relatively) small acquisitions may soon be over. The <i>Financial Times</i> hears from sources that the folks at 1 Infinite Loop are close to buying Beats Electronics for $3.2 billion. It's not clear exactly why the company would splurge on such a deal, although there …