Tag Archives: business

Via the Associated Press: “Star Wars: The Force Awakens” has reached $1 billion at the box office, achieving the milestone with record-setting hyper speed. The Walt Disney Co. said “The Force Awakens” crossed the billion-dollar mark Sunday, accomplishing the feat in just 12 days. The previous movie to reach $1 billion the fastest was Universal’s “Jurassic World,” which did it …

Strictly for the fanboys: “With 2015 coming to a close, we take a look at what Apple might have in store for customers in 2016.”

Here we go again. This time it’s New Mexico. Via Albuquerque’s NBC affiliate: Two New Mexico lawmakers have pre-filed a bill that would give state business owners the right to refuse business to gay, lesbian and transgender people and their families on the basis of religious freedom. Republican Reps. David Gallegos and Nora Espinoza are the sponsors of the bill, …

NBC News reports: Martin Shkreli, the embattled health care businessman, has been let go by KaloBios Pharmaceuticals — one of the companies he had headed. KaloBios, which has a market cap of less than $100 million, hasn’t traded since last Thursday. It was halted about 10 minutes after news of Shkreli’s arrest. The company said the alleged fraudster was “terminated” …

Whoa. Bloomberg Business reports: A boyish drug company entrepreneur, who rocketed to infamy by jacking up the price of a life-saving pill from $13.50 to $750, was arrested on securities fraud related to a firm he founded. Martin Shkreli, 32, ignited a firestorm over drug prices in September and became a symbol of defiant greed. The federal case against him …

He really loves being America’s most notorious douchebag. Pitchfork reports: Last month, reports emerged that Wu-Tang Clan’s one-of-a-kind album, Once Upon a Time in Shaolin, had been sold for “millions.” Now, Bloomberg has revealed the buyer’s identity: Turing Pharmaceuticals CEO Martin Shkreli. Shkreli is the former hedge fund manager (and Collect Records associate) who made headlines this year for increasing …

NBC News reports: Norovirus has sickened 80 Boston College students who ate at a nearby Chipotle restaurant, state health officials said Tuesday. “Initial testing conducted by the State Public Health has shown the presence of norovirus,” the health department said in a statement. Although many of the students said they feared they’d been struck with the same E. coli bacteria …

Twenty Three Ads reviews: Nordstrom demonstrates why they have a 100 percent approval rating from the Human Rights Campaign Buyers Guide. The upscale fashion retailer has created a dazzlingly beautiful holiday ad titled The Homecoming that features a man coming home with a suitcase and a Nordstrom shopping bag to be reunited his partner and their gorgeous dog. The two …

Pharma douchebro Martin Shkreli has told Forbes that he regrets not having raised the cost of his AIDS drug even more than he did. From the interview: Martin Shkreli hasn’t changed. If anything, the provocative pharmaceutical CEO — who became “the most hated man in America” earlier this year — thinks he didn’t go far enough when he hiked the …

In an open letter to their newborn baby girl, Mark Zuckerberg and his wife have announced that they are donating 99% of their Facebook stock to charity. The couple made their promise official today in a filing with with the Security & Exchange Commission. “On December 1, 2015, our Founder, Chairman and CEO, Mark Zuckerberg, announced that, during his lifetime, …

Via the New York Daily News: Call it Black-eye Friday. Brawling shoppers heralded the start of Black Friday madness at a Louisville, Ky., mall on Thanksgiving night, wrestling each other to the ground in a packed food court. The fracas knocked a woman to the floor as shoppers at Mall St. Matthews gawked at the sight of two unidentified men …

In her latest World Net Daily column, Linda Harvey has the super-sadz because there are hardly any major retailers left where God-fearing Christians can be confident that their holiday dollars won’t go to support perverted Baby Jesus-hating homosexuals. She writes: Well, it’s that time again – time to get out the Christmas list and start hitting the stores. The problem …

Arstechnica reports: Turing Pharmaceuticals AG will not reverse its decision to raise the price of a decades-old drug, Daraprim, by more than 5,000 percent, backing out of previous statements that it would cut the cost by the end of the year. In an announcement on Tuesday, the company said that the list price of Daraprim, which jumped from $13.50 a …

Facebook is testing a new feature which offers users the option of blocking their ex-partner if their relationship status has changed. Via the Independent: The social network will trial the new relationship tool in the United States, with plans to roll out the changes worldwide after receiving feedback. The tools will allow users to limit the photos, videos or status …

Some time last night Adele’s third album, 25, surpassed N-Sync’s 2000 release No Strings Attached to break the all-time single week sales record since the industry began using SoundScan in 1991. By the Thursday night end of the sales week, 25 is expected to have sold nearly three million copies versus the 2,416,000 copies sold in the first week of …

Donald Trump renewed his call to boycott Macy’s today, this time accusing the retail giant of being “disloyal” on the issue of immigration, whatever the fuck THAT means.

CNBC reports: Pfizer announced Monday it will buy Allergan for $363.63 a share, or about $160 billion. The deal represents a premium of over 30 percent based on the companies’ unaffected shares price as of Oct. 28, Pfizer and Allergan said in a joint statement. Allergan shareholders will receive 11.3 shares of the combined company — Pfizer PLC — for …

UnitedHealthcare, which reported a net income of $8.4 billion this year, says it’s not making enough money with Obamacare and may leave the system within two years. “In recent weeks, growth expectations for individual exchange participation have tempered industrywide,” said Stephen Hemsley, the company’s CEO. “Co-operatives have failed, and market data has signaled higher risks and more difficulties while our …

Business Insider reports: The 5,000% increase in the price of an anti-parasitic drug hasn’t brought Turing Pharmaceuticals into the black just yet. For the third quarter, ending September 30, the company posted a $14.6 million net loss. Those three months cover the time that Turing acquired the US marketing rights to Daraprim, a 62-year-old drug that’s used to treat malaria …

Yesterday the Liberty Counsel issued their annual “Friend Or Foe” ranking of companies that don’t express their religious liberty in the precise manner stipulated by the Baby Jesus. Today comes a similar ranking of 100 companies from the American Family Association. They write: There are secular forces in our country that hate Christmas because the word itself is a reminder …