Facebook revenue up 50 percent in first-quarter earnings

- Facebook's first-quarter earnings results showed a 50 percent increase in revenue over last year despite recent controversies over the company's practices. But the quarter ended on March 31 and doesn't reflect any potential fallout from the Cambridge Analytica scandal, which involved the selling of personal data taken from people without their permission. Nonetheless, it [...]

2018-04-26T13:39:29+00:00 April 26th, 2018|

Ford to stop producing all cars in america but two

Ford Motor Co. will cut out all but two of its passenger cars for its North American lineup due to waning demand for the vehicles, the company said. The motor gamut of trucks, sport-utility vehicles and crossovers will remain -- but Ford's Fiesta, Taurus, Fusion and regular Focus models will disappear within the next two [...]

2018-04-26T13:30:36+00:00 April 26th, 2018|

NRA sets fundraising record, mostly from small donors

The National Rifle Association set a new record for political donations in a single month in March, with most of it coming from small donors, Federal Election Commission records show. The NRA's Political Victory Fund raised $2.4 million last month, with $1.9 million from donations of $200 or less, according to the FEC data. According [...]

2018-04-25T12:32:12+00:00 April 25th, 2018|

Facebook reveals how it regulates content

Facebook CEO Mark Zuckerberg testifies during a Joint Senate Judiciary and Commerce Committee hearing on Facebook, social media privacy, and the use and abuse of data, in Washington, D.C., on April 10. Photo by Alex Brandon/UPI | License Photo April 24 (UPI) -- Facebook on Tuesday published internal rules on what moderators look for when [...]

2018-04-24T13:01:16+00:00 April 24th, 2018|

engine explodes; passenger ‘partially sucked out’ of window

At least one passenger was taken to the hospital and several people were reported injured after a Southwest Airlines plane made an emergency landing in Philadelphia on Tuesday, officials said. WACU reported a passenger was "partially sucked out" of one of the plane's windows when the engine exploded and shrapnel from the engine pierced through [...]

2018-04-17T17:17:59+00:00 April 17th, 2018|

Bank of America reports largest-ever Q1 profit — near $7B

April 16 (UPI) -- Bank of America on Monday reported a $6.9 billion profit for the first three months of 2018 -- the greatest quarterly net in its history, officials said. "Strong client activity, coupled with a growing global economy and solid U.S. consumer activity, led to record quarterly earnings," said Chief Executive Officer Brian [...]

2018-04-17T12:18:12+00:00 April 17th, 2018|

Facebook stops fighting California…..

When your CEO just faced a grilling by the Senate over a lack of privacy and data protection, it looks pretty bad if a company continues to fight against new privacy laws. So it will come as little surprise that Facebook has decided to no longer fight to block the proposed California Consumer Privacy Act. [...]

2018-04-16T14:35:14+00:00 April 16th, 2018|

Trump, Colorado senator, make deal on pot enforcement policy

President Donald Trump has promised to honor state decisions to legalize marijuana, ending a Colorado senator's hold-up of Department of Justice nominees. U.S. Sen. Cory Gardner, R-Colo., took issue with Attorney General Jeff Sessions rescinding the Cole Memorandum in January. With state laws in legalized marijuana states conflicting with federal laws, the Obama-era Cole memo [...]

2018-04-15T11:54:51+00:00 April 15th, 2018|

How Facebook’s growth banked on users opening doors to their data

-- Whenever you log into your Facebook account, you voluntarily share hoards of personal data with the company -- which is collected, packaged and sold to other companies for profit. Selling information about the personal habits of its 1 billion users has been the business practice of Facebook for several years, but it has come [...]

2018-04-10T12:57:11+00:00 April 10th, 2018|

Alaska Airlines CEO announces change to……

Alaska Airlines is cracking down on sexual assault and harassment in the high skies with updated policies and procedures, CEO Brad Tilden announced on April 2. "Like each takeoff, we at Alaska think that respect is not only a value, but also a process – one that requires attention, by each one of us, every [...]

2018-04-03T14:01:16+00:00 April 3rd, 2018|