ClubCorp Sold Golf and Sport Club Assets to Apollo Global Management

ClubCorp is one of the largest operators of golf and country clubs in the United States. The company agreed to sell assets to the private equity firm Apollo Global Management in the amount of $1.1 billion, which put an end…

Late Winter Give Macy’s Sales Boost

A late chill from winter helped to rekindle sales at Macy’s during its last quarter. The company announced that there had been a surge in demand for boots and jackets last month, when a large part of the U.S. finally…

Comcast Buys Sports Information Service One TwoSee

Comcast Corp announced that it had purchased One TwoSee a real time sports info service based in Philadelphia that Jason Angelides and Chris Reynolds two techies launched five years ago from a 20th and Brandywine rowhouse. One TwoSee has applied…

Facebook To Purchase Oculus VR In Bet On Virtual Reality

Facebook Inc. (FB) has taken a dive into the virtual reality space, announcing a $2 billion deal to acquire Oculus VR Inc., a virtual reality headset maker founded in 2012 Betting big on the prospects of virtual reality technology, Facebook…

Crowdfunding: Here To Stay?

Across the globe, the term “crowdfunding” has become a buzzword in the field of financial innovation to raise capital for a project or an idea, often through a website. While crowdfunding spurs creativity, innovation, and new entrepreneurial ideas, there are…

Gilead Sciences, Inc. (NASDAQ:GILD) Will Allow Generic Drugs Manufacturers To Make New Version Of Sovaldi

Gilead Sciences, Inc. (NASDAQ:GILD) was planning to launch its blockbuster hepatitis C drug Sovaldi in India by June, the company announced before US markets opened. The biotech firm also said that it aims to further the reach of its licensing…

Smartwatches More Popular Now Than Swiss Watches

For the first, shipments of smartwatches outpaced luxury watches according to new industry research. The venerable wristwatch industry in Switzerland might have a big smartwatch problem on its hands. Global smartwatch shipments outpaced their Swiss luxury counterparts during the 2015…

Comcast Cable Bundles Can Be Purchased Through Amazon

Comcast and Amazon have started a groundbreaking partnership by making Comcast’s Xfinity television, phone and Internet services, all available for online purchase. The feature, which is exclusive to just Amazon users, comes equipped with its own landing page complete with…

Walmart Loses Low Everyday Price Edge to Aldi in the U.S.

Shoppers now must drive past Aldi, a Germany-based grocery store chain, when driving to shop at Walmart in many locations across the U.S. The German grocery chain is now beating the retail giant from the U.S. at its own game,…

EpiPen Maker Mylan Pharma Expands March Recall of Auto-Injectors

The EpiPen intervention product administers doses of epinephrine to patients suffering from anaphylaxis resulting from extreme allergic reactions. These reactions, of course, can be fatal if left untreated and, which makes the EpiPen product special and very important. EpiPen is…

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