The slumping oil market is forcing oil companies to slash payrolls worldwide to deal with plummeting revenues as oil prices dipped below $50 per barrel — half that of what it sold for last summer.
Radio Shack is tuning down business
After years of losses Radio Shack files for Chapter 11 Bankruptcy and plans restructuring with Sprint.
Facing a ban in India, Uber adds ‘panic button’ after woman allegedly raped
The panic button will be on the customer’s Uber app, and will summon an Incident Response Team based locally. The move comes after a woman was allegedly raped in India by an Uber driver.
Colorado realizes a surplus in pot tax revenue
Colorado has collected so much tax revenue from marijuana sales that it is now faced with either forming new legislation to allocate the surplus tax revenue or give it back to residents.
‘Love beats hatin” in new McDonald’s ad campaign
McDonald’s emphasized the “lovin'” aspect of its slogan by asking others to retweet nice things it wrote on Twitter about other bands featured in the Super Bowl in exchange for prizes.
Ride-sharing apps help drive down drunk-driving accidents: study
Uber and Mothers Against Drunk Driving released a study that points to fewer DUI accidents thanks to ride-sharing services.
Torrent website The Pirate Bay makes surprising return
The Swedish portal was targeted by authorities for facilitating exchange of copyright-infringing material.
New rules to be looked at for payday loans by federal regulators
Federal regulators are aiming at helping cash-strapped borrowers avoid falling into a cycle of high-rate debt.
Work stoppage set for unionized refinery workers in Texas, California: Will Obama intervene?
The United Steelworkers Union called on about 3,800 union refinery workers to stage their largest walkout in more than 30 years.
Verizon to let users opt out of ‘supercookies’ after public outcry
Privacy advocates slammed Verizon for not being up front with customers about the existence of supercookies, and also not providing a way for users to opt out of them.
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