Amazon.com Announces Third Quarter Sales Up 29% To $32.7 Billion

Amazon.com Announces Third Quarter Sales Up 29% To $32.7 Billion

Seattle, WA…Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2016. Operating cash flow increased 49% to $14.6 billion for the trailing twelve months, compared with $9.8 billion for the trailing twelve months ended September 30, 2015. Free cash flow increased to $8.6 billion for the trailing twelve months, […]

Statement From Secretary Of Defense Ash Carter On California National Guard Bonus Payments

Statement From Secretary Of Defense Ash Carter On California National Guard Bonus Payments

Washington, DC…There is no more important responsibility for the Department of Defense than keeping faith with our people. That means treating them fairly and equitably, honoring their service and sacrifice, and keeping our word. Today, in keeping with that obligation, I am ordering a series of steps to ensure fair treatment for thousands of California […]

AT&T To Acquire Time Warner

AT&T To Acquire Time Warner

Dallas, TX and New York City, NY…AT&T Inc. (NYSE:T) and Time Warner Inc. (NYSE:TWX) today announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies. The deal […]

Vail Resorts Announces Changes Across Mountain Division Leadership

Vail Resorts Announces Changes Across Mountain Division Leadership

Broomfield, CO…Vail Resorts, Inc. (NYSE: MTN) (“Vail Resorts”) today announced several changes to take place before the end of the calendar year across its mountain division leadership team to position the Company for continued growth and success. Specifically, with the official close of the Whistler Blackcomb acquisition earlier this week, the company is scaling the […]

All Tesla Cars Being Produced Now Have Full Self-Driving Hardware

All Tesla Cars Being Produced Now Have Full Self-Driving Hardware

Palo Alto, CA… Yesterday Tesla released that they will be installing self driving hardware on all new vehicles. Details from Tesla are as follows: Self-driving vehicles will play a crucial role in improving transportation safety and accelerating the world’s transition to a sustainable future. Full autonomy will enable a Tesla to be substantially safer than […]

Bob Dylan Awarded The 2016 Nobel Prize In Literature

Bob Dylan Awarded The 2016 Nobel Prize In Literature

Stockholm, Sweden…Today Professor Sara Danius, the Permanent Secretary of the Swedish Academy made the announcement for the 2016 Nobel Prize in Literature. The Nobel Prize in Literature 2016 was awarded to Bob Dylan “for having created new poetic expressions within the great American song tradition”. Bob Dylan was born on May 24, 1941 in Duluth, […]

Wells Fargo Chairman, CEO John Stumpf Retires After 34 Years With Company

Wells Fargo Chairman, CEO John Stumpf Retires After 34 Years With Company

San Francisco, CA…Wells Fargo & Company (NYSE: WFC) announced today that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. The Board has elected Tim Sloan, the Company’s President and Chief Operating Officer, to succeed him as CEO, […]

John Kerry Announces “International Day of the Girl,” Relief Efforts

John Kerry Announces “International Day of the Girl,” Relief Efforts

Washington, DC…The State Department is deeply committed to protecting and strengthening the rights of girls worldwide, and on this fifth annual International Day of the Girl, we recognize that addressing the distinct challenges facing girls, particularly adolescent girls, is critical to our ability to achieve U.S. foreign policy goals, including gender equality. Poverty, gender-based violence, […]

Samsung Asks All Global Partners To Stop Sales On Galaxy Note 7

Samsung Asks All Global Partners To Stop Sales On Galaxy Note 7

Suwon, South Korea…Samsung Electronics announced a global replacement program and recall for the Galaxy Note7 as a precautionary measure due to a battery cell issue. Since the launch of the Galaxy Note 7 there have been hundreds of world wide reports of the device having critical battery failure and fires. Since then, Samsung has been […]