Oprah causes Weight Watchers Stock to double

Oprah Winfrey buys 10% stake in Weight Watchers International With her investment in Weight Watcher International Oprah Winfrey caused the companies stock prices to double in just one day. Oprah Winfrey has announced she will buy a 10 percent stake in Weight Watchers International Inc. By adding her celebrity and consumer…

Apple bans data gathering apps

Did you know that 256 affected apps were made in China that were gathering data from your phone? These apps were available worldwide on the app store and were downloaded over 1 million times, according to app analytics service SourceDNA, which first discovered the problem. And now Apple bans data gathering apps….

Defense Spending: the full serve buffet will be a little less this year

The Pentagon is not really broke. The amount of money available just isn’t what it was before. Worst-case scenario, it will only have about $496 billion to spend this year. That is a huge amount of money, don’t get us wrong but that’s also less money than it used to have,…

Samsung tries to match the hype of the rose gold phone

It’s been released that Samsung will launch a “pink gold” version of its Note 5 “phablet” in South Korea, in a an effort to tempt customers to buy its new device over Apple’s own rose gold iPhone 6 which has been getting tons of buzz. The new color will launch on…

China could be the determining factor when it comes to commodities

It seems the rather painful sell-off in some commodities may be over for now, but a blast of major Chinese economic reports that are coming early next week could put any recent rallies to the test come next week. Many Wall Street strategists have said they see signs of a broader…

Americans paid how much in taxes last year?

It appears that Americans are sending record amounts of cash to Uncle Sam in the form of taxes. The scary thing is Uncle Sam apparently still needs more money. It has been reported that taxpayers have paid a grand total of $3.25 trillion (that’s right) in taxes for the fiscal…

It gets worse for Volkswagon: 8.5 million vehicles in Europe recalled

Things just got a little worse for Volkswagon. As we noted earlier in the week, there were problems because of the scandal over rigged emissions test in parts of Europe. Now Volkswagen has said it would recall approximately 8.5 million diesel-engine cars in the European Union (EU) after Germany requested servicing of…

Yikes! Netflix is getting destroyed after earnings

Netflix has reported third-quarter earnings and it’s a big miss. Their earnings, per share came in at $0.07 on revenue of $1.74 billion and is missing expectations by a long shot. Then following these results, shares were down as much as 14%. But the company’s earnings webcast last week helped…

Square ends their cushy deal for Starbucks

Starbucks (SBUX) will be losing a cushy credit card payment processing deal with upstart Square, according to Square’s initial public offering filing. The processing deal, announced back in 2012, has been a huge money loser for Square since then. When the deal generated massive publicity because Starbucks also agreed to invest…

Scam Alert: New Chip Card Scams

Have you gotten one of the new EMV-Chip cards? There have been a recent slew of scammer driven programs that are trying to get information from innocent people just trying to update their cards. Thieves are sending out emails pretending they are your bank or a service hired by your…