Economy

Pilgrim's Pride Offers to Buy Hillshire for Over $5.5B

Deal will create a "protein-focused" company. Chicken producer Pilgrim's Pride is offering $5. 58 billion to acquire Hillshire, another meat company.

T-Mobile's Successful First Quarter Could Affect Merger With Sprint

Looks like T-Mobile's goal to shake up the wireless industry is paying off. The carrier reported an incredibly successful first quarter, adding more subscribers than any other U.S. wireless service provider and overtaking Sprint as the No. 3 smartphone buyer.

iPhone 'Smart Home System' by Apple: Tech Giant is Reportedly Planning Smart System Debut at WWDC

The iPhone does many amazing things. The iPhone does many amazing things. For instance, it can help you stay fit, and it can get you organized. You can also use it to make FaceTime audio and video calls and listen to endless hours of iTunes Radio playlists.

Young US Drinkers Help Spanish Wine Soar in Sales and Popularity

Spanish wine sales are increasing, and the industry can thank the United States' young drinkers for that.

Mobile Apps & Windows 8 Download: Top 4 Apps to Try Out

Windows Phone 8’s marketshare may be minuscule, but the amount of quality apps the platform offers is only growing.

Costco, Google, Facebook Rated Best Places to Work: Glassdoor Surveyed Employee Happiness, Pay, and Benefits

Costco was the only non-tech employer in the top 5 Based on compiled employee ratings by the United States job site Glassdoor, wholesale retailer Costco and tech giants Facebook and Google provide the best pay and benefit packages in the country.

Adobe, Apple, Google & Intel Reach Worker Lawsuit Settlement: Agree to Pay $325M for Colluding to Limit Competition and Wages

Damages could have been much higher Four of Silicon Valley's biggest players have formally agreed to settle claims filed by employees and pay $325 million.

Apple vs. Samsung Patent Lawsuit Retrial: Unhappy With Verdict, AAPL Seeks Unlikely Ban of 9 Samsung Phone Models

Meanwhile, Chinese manufacturers have crept up in market share In its bid to have some Samsung phones banned from the U. S. market, Apple Inc. is leveraging its May 2 victory against its South Korean rivals.

iPhone Mobile Apps: Apple Removes Marijuana Dealing Game From App Store But Keeps Other Weed Themed Games

A new app game for smartphones where the user plays the role of a marijuana dealer was growing in popularity until Apple reportedly removed the game from the iTunes App Store this week, according to the game's creators.

YouTube Trailer Announces New App for Video Makers: Allows Fans to Donate to Content Creators, Submit Captions to Videos

More updates will come in the next few months YouTube is catering to the needs of its users and creators by making a new app with both crowdsourcing and funding features.

US Wins Major WTO Trade Dispute Against China: Unjustified Tariffs on American Car Imports Violated International Rules

Chinese practices unfairly impede US exports The Obama administration won against China on a major trade dispute between the two countries as the World Trade Organization in which it was decided that the taxes imposed by China on cars and SUVs made in America violated international rules.

Social Media Saturday: Facebook Starts Listening and Reminds Us of Privacy, While Twitter Is Dying on Wall Street

This week in social media, Facebook added a Shazam-like feature that can automatically tag music, TV or movies in status updates, just by listening in to your life. Speaking of listening in, Facebook also changed some of its privacy settings for the better with a reminder for users what privacy level their status updates are set to. Also, Twitter's having a bad week on Wall Street (again) while both it and rival Instagram are meeting resistance abroad.

More Evidence That Latinos Are Ahead on Mobile - PwC Survey

Latinos love mobile. That's been the message of various studies and surveys throughout the recent past, and this week PricewaterhouseCoopers added its own research into the chorus.

California Regulates Self-Driving Vehicles: Audi, Nissan, Tesla and Others Make Preparations for 2015

The regulations are pioneering in scope Self-driving vehicles are fancy to look at and even more so to own, much like Google's autonomous cars driving around towns and cities capturing images for Google Earth.

McDonald's Launching Controversial New Mascot 'Happy': How the Internet and Social Media Are Reacting

"Happy" will launch nationwide on May 23 The launching of the new McDonald's mascot got varied reactions, particularly on social media sites.

Cannes Film Festival 2014 Day 9: Ken Loach's 'Jimmy's Hall' Open to Mixed Reviews; Critics Week Sidebar Names 'The Tribe' the Best Film

The ninth day of the Cannes Film Festival saw the premiere of Ken Loach's "Jimmy's Hall" and also saw some of the sidebar's hand out their awards.

Google Fiber Remains Our Only Hope: Says It Won't Charge for Peering

What's been a side show to the general battle over net neutrality, the possible Comcast/Time Warner Cable merger, and the FCC is the more technical issue of network interconnects and "paid peering." Google Fiber -- which has been seen as the only hope for a fair, open internet if the FCC allows "fast lanes" and the largest cable merger in history -- just announced it doesn't and won't charge for peering.

Toyota Announces Recall of Over 430,000 Vehicles in U.S.

Toyota announced Thursday that the company is recalling 516,000 vehicles worldwide due to three safety issues.

Threat Level Thursday: What the Chinese Hacked From the U.S., Change Your eBay Password, and Congress Trying to Curb NSA

This week was particularly revelatory in the world of cyber security: the U.S. formally charged five Chinese military officials with cybertheft, eBay announced it was hacked, and it turns out the National Security Agency has been listening to some countries in Central America while the U.S. House of Representatives passed a bill to try to curb the NSA's practices.

McDonald's 'Fast Food Forward' Protesters March to Company Headquarters, Demand Higher Wages

Protesters plan to debate wages at shareholder meeting Thursday Over 100 McDonald's workers and activists were arrested Wednesday as they protested low wages at the company's headquarters in Oak Brook, Illinois.
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