Articles written by: Justin Balkhi

Starbucks Facing Backlash Over Red Holiday Cups (NASDAQ:SBUX)

Starbucks Facing Backlash Over Red Holiday Cups (NASDAQ:SBUX)

A number of people are upset with Starbucks right now and are vocally voicing their disapproval on social media. At issue are the plain red holiday cups that Starbucks is using this holiday season. Previously, the holiday cups at Starbucks have featured snowflakes, ornaments and reindeer. This year, the plain […]

Consumer Sentiment Bounces Back in U.S.

Consumer Sentiment Bounces Back in U.S.

The consumer sentiment in the U.S. was able to bounce back strongly during the early part of October, suggesting the economic recovery had remained in place despite some headwinds due to weak demand globally and a strong U.S. dollar that have been weighing on the country’s industrial sector, in particular […]

Sony Sells 5.3 Million PS4 Consoles Worldwide

Sony Sells 5.3 Million PS4 Consoles Worldwide

Sony said it was well ahead of its deadline to pass the 5 million mark in sales of PS4 by March. The company said that 5.3 million consoles had been shipped across the globe as of February 8. Sony takes pride when announcing these milestones of its popular PlayStation 4 […]

Campbell Soup Takes Risk Changing Recipes (NYSE:CPB)

Campbell Soup Takes Risk Changing Recipes (NYSE:CPB)

Campbell Soup has announced that it is changing the recipe of its signature chicken noodle soup. The new Campbell’s chicken noodle soup contains 20 ingredients, down from the more than 30 in its previous version. The new recipe is appearing first in a limited-edition line in cans decorated with characters […]

Alibaba Acquires Youku for $4.8 Billion

Alibaba Acquires Youku for $4.8 Billion

Alibaba Group Holding agreed to acquire Youku Tudou the video service in a deal that is said to be $4.8 billion, as Jack Ma the billionaire is seeking to stream additional content to Internet users in China through control of the site that is compared to YouTube. Net of the […]

Panel for FDA Votes in Favor of Gout Drug from AstraZeneca

Panel for FDA Votes in Favor of Gout Drug from AstraZeneca

A panel of medical advisers that is independent of the U.S. Food and Drug Administration voted on Friday 10 to 4 in favor of approval for a gout drug from AstraZeneca. All of the 10 who supported the drug, known as lesinurad, qualified the vote by urging the U.S. regulatory […]

Diabetes Affects Brain Function and Thinking Skills

Diabetes Affects Brain Function and Thinking Skills

A study that has just been published in the online journal Neurology indicates that people suffering from type 2 diabetes also demonstrate a drop in cognitive skills as well as the ability to regulate their blood flow to their brain. This is due partly to inflammation, which is one of […]

Peet’s Coffee Buying Majority Share of Intelligentsia

Peet’s Coffee Buying Majority Share of Intelligentsia

Peet’s Coffee & Tea has announced that it will acquire a majority share of Intelligentsia Coffee, which is based in Chicago. It is the second deal for Peet’s with the last month. Once only a single store, Peet’s, based in Berkeley, California is now acquiring boutique coffee roasters that are […]