Economy

Shortage of Limes Worsened by Mexico Drug Cartel: Expensive Fruit's Prices Soar, Restaurants Switch to Prepackaged Lime Juice

An understated fruit, always present when most wanted, will be in short supply in the foreseeable future. The dwindling number of limes available has led to companies changing menus and recipes shining light on the drug war in Mexico. How companies will cope remains up in the air.

PS4 vs. Xbox One Sales: Sony President Says PlayStation Beats Microsoft Console Because of Graphics and Specs

The next-gen console war between Microsoft's Xbox One and Sony's PlayStation 4 has leaned entirely in favor of Sony as the company has sold more units than its rival, and more reviews favored its graphics.

Digital Atomic Clock Watch Gets Funds Via Kickstarter, Creators Hope to Compete With Swiss

Tick, tock! The first Atomic watch has arrived via Kickstarter, and it will never ever give you the wrong time.

Vinyl Record Collectors A Dying Breed In Digital Download Age: National Celebration Brings Communities Together In Cities Like Los Angeles

Thousands of records stores across the U.S. opened its doors to long lines in what is called Record Store Day, an annual event that has occurred every third Saturday of April since 2007.

Digital Purchases Via Smartphones, Tablets Growing in Brazil But PCs Remain Popular Across Demographics

Smartphone and tablet adoption in Brazil has increased, as a result, the shopping habits by Brazilians have shifted.

Record Store Day 2014 Celebrates Rare Vinyls From Nirvana, Bruce Springsteen And Jack White: Pandora Streaming Radio Service Threatened By Music Label Lawsuit

While music lovers were out celebrating Record Store Day, Record Labels were suing Pandora. How ironic.

FCC Hints at Incentive Auction Aims, Freeing Wireless for Next-Generation Data and WiFi

The Federal Communications Commission just divulged some of their plans to free up wireless spectrum in the U.S. If successful, the FCC's plan will allow for more open airwaves that could lead to better WiFi, Bluetooth, and wireless broadband innovation, but setting it up is not an easy task.

New York City Considering Plastic and Paper Shopping Bag Fee : Grocery and Retail Shoppers Could Pay With Environment-Friendly Bill

Soon, New Yorkers might have to pay a 10 cent surcharge for plastic or paper shopping bags at their local supermarket.

Michael's Arts and Crafts Stores and Locations Suffer Security Breach From Eastern European Gang

The arts and crafts retailer reports a breach that affected almost 3 million customers. Attacks on retailers continue. Michaels is the latest victim in a string of cyber attacks that began with Target's highly reported data breach at the beginning of the year.

iPhone and Android Cell Phone Apps: Facebook to Release Nearby Friends Mobile App to Show Pals Where You Are at All Times

Facebook friends can now track and find each other in real time with the help of the social media company's newest Nearby Friends mobile app.

Keystone XL Pipeline News & Facts: President Barack Obama Postpones Final Decision

President Barack Obama and his administration have decided to postpone the decision on the construction of the controversial Keystone XL pipeline until after the congressional midterm elections in November.

Top 500 Hispanic Businesses for 2014 Released, Lists Companies With Annual Revenues Exceeding $1 Billion

The United States' largest organization of privately owned businesses released its "Top 500 Hispanic Owned Businesses in the United States" for 2014. The listing compiled by DiversityBusiness includes businesses with a revenue size from $20 million to more than $1 billion. According to DiversityBusiness.com, the companies listed on the Div500 should "challenge the long-held notion" that Hispanic businesses are "small or insignificant."

Telefónica Starts Mobile Ad Exchange Platform Axonix with 'Strong Focus' in US, Europe, Latin America

One of the largest telecommunications companies in the world, with a strong presence in Latin America and Spain, created a new mobile advertising exchange platform where advertisers and publishers can buy and sell ad space.

German Media Titans Are Afraid of Google and Facebook: Should We Be, Too?

Mathias Döpfner, CEO of Axel Springer, a huge European multimedia company based in Germany, made a big splash this week when he wrote an open letter in a German newspaper saying that he and other European executives "are afraid of Google."

Google I/O 2014 Conference Lottery Last Day for Registration: Here's the Ticket Cost, Dates And Event Center Location

This year's sign up is only for 2-day tickets Registrations are now being accepted for the Google I/O 2014 that will be held on June 25-26, 2014 at Moscone West Convention Center in San Francisco.

2015 Toyota Camry Design to Get Complete Overhaul

Super-popular sedan tries to keep up with competitors. The Toyota Camry has been long regarded as a reliable mid-sized family sedan without too many frills or extras, but the 2015 version will see many changes.

Obamacare Medical Insurance Facts and Sign Up: Affordable Care Act Health Insurance Site Hits 8 Million Sign-ups

Last minute sign-ups push the number to 8 million. President Obama announced Thursday that 8 million people have successfully signed up for healthcare through the Affordable Care Act's online marketplace.

VA Hospital Issues $525 Fine, Fires Man After He Doesn't Pay For Drink Refill

A $525 federal fine was issued to a North Charleston man on Wednesday after he refilled his 89-cent drink at the VA hospital without paying for it, however a spokesperson for the facility said Thursday that it chose to give the man a warning instead of the citation.

Smartphone Sales Worldwide Exceeding Projections: Emerging Markets, China Help Boost Global Mobile Shipments

Worldwide smartphone shipments are exceeding initial expectations courtesy of emerging markets and China.

Sriracha Sauce Maker Huy Fong Foods Considers Moving Factory Away From Irwindale After Public Nuisance Ruling

After months of legal battles between the city of Irwindale, Calif. and Huy Fong Foods regarding the company's Sriracha plant emitting irritating odors, the hot sauce's creator, David Tran, is considering moving locations, despite air quality officials' proposal of implementing smell-mitigation technology.
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