Business News

Pfizer and Allergan Call Off Deal
April 6, 2016

(iStock/Thinkstock)(NEW YORK) — Pfizer Inc. is backing out of its over $150 billion takeover of Allergan just days after new U.S.Treasury…

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Gawker Files Motions Challenging Jury's Verdict in Hulk Hogan Invasion of Privacy Case
April 5, 2016

Kevin Winter/Getty Images(ST. PETERSBURG, Fla.) — Gawker has filed motions challenging the jury’s verdict in the Hulk Hogan invasion of privacy…

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Wall Street Logs Second Day of Losses as Investors Await Earnings
April 5, 2016

iStock/Thinkstock(NEW YORK) — Tuesday marked a second day of losses for Wall Street as investors began to prepare for the first-quarter…

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PayPal Drops Plan to Build $3.6 Million Facility in NC Because of Controversial Law
April 5, 2016

iStock/Thinkstock(RALEIGH, N.C.) — PayPal announced Tuesday that it’s withdrawing plans to build a new facility in North Carolina, the first major…

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Facebook's WhatsApp Turns on Encryption for One Billion Users
April 5, 2016

iStock Editorial/Thinkstock(NEW YORK) — Every private message, photo, video or file sent over Facebook’s WhatsApp is now encrypted by default for…

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Oculus Rift Pre-Order Delay Prompts Free Shipping
April 5, 2016

Oculus(NEW YORK) — Some people who pre-ordered the Oculus Rift virtual reality headset are going to have to wait just a…

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Tesla Explains Model X Production Delays as It Looks Ahead to Meeting Model 3 Demand
April 5, 2016

Bryan Mitchell/Getty Images(PALO ALTO, Calif.) — Tesla’s crossover Model X has been hit with delivery delays — and the company is…

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Domino's Overworks Employees to Cut Pizza Cost, Lawsuit Claims
April 5, 2016

iStock Editorial/Thinkstock(NEW YORK) — Discounted pizza deals touted by Domino’s come at “a steep price for its workers,” a new lawsuit…

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Facebook's Artificial Intelligence Can Describe Photos to Blind Users
April 5, 2016

iStock Editorial/Thinkstock(MENLO PARK, Calif.) — Facebook debuted a new artificial intelligence system today that can describe photos in stunning detail, making…

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Hain Celestial Removing Claim About Chemical on Personal Care Products
April 5, 2016

Hain Celestial(NEW YORK) — Hain Celestial said it’s removing a claim from labels on its personal care products after a report…

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