Business

Hot Dogs Hold Mystery Meat, Human DNA

Using new test technology to get to the molecular levels of food ingredients, the lab found some hot dogs contain 2% of human DNA while others contain subliminal levels of allergens and additives that conventional food tests would miss. The National Hot Dog and Sausage Council disclosed that about Americans consume about 20 billion hot dogs every year and spend an average of $2.5 billion on hot dogs per year, and a further $2.74 billion on dinner sausages, and also over $500 million on ...

Business

Lockheed Kicks Off Environmental Tests on NASA's OSIRIS-REx Spacecraft; Mike

NASA's Origins, Spectral Interpretation, Resource Identification, Security-Regolith Explorer (OSIRIS-REx) spacecraft has entered the environmental testing phase after it was finished being assembled. It is following in the footsteps of other recent asteroid missions such as the Japanese Aerospace Exploration Agency's ( JAXA ) Hayabusa-2 that launched in 2014.

Business

Amazon.com's Hold Rating Reiterated at Needham & Company LLC

Revenue in the three months ending in September rose 23%, year over year, to $25.4 billion, yielding a surprise profit of 17 cents a share . Nomura, which reiterated a $700 price target on Amazon's stock this week, said it expects AWS revenue to have risen 50% in the quarter from a year earlier and be a "significant contributor" to profitability going forward.

Business

Sony to buy Toshiba's image sensor business

According to the official press release, "In the semiconductor business, where image sensors are a primary area of focus, Sony will establish Sony Semiconductor Solutions Corporation ("Sony Semiconductor Solutions") to further reinforce this business, and concentrate on sustained growth ".

Business

Amancio Ortega Briefly Surpasses Bill Gates as Richest Man in the World

In a biography about Ortega called "The Man from Zara", by Covadona O'Shea, Ortega described his life before becoming a wealthy businessman as a son of a railroad worker. In a country recently emerged from a recession that destroyed businesses and jobs, Ortega is a rare self-made mogul. Amancio Ortega had a very humble beginning.

Business

Amazon CEO Jeff Bezos becomes 3rd richest in U.S., 5th worldwide

The $22 billion jump in wealth makes his the biggest yearly increase of all the individuals on the Bloomberg Billionaires Index  and is more than the combined gains of Facebook Inc's Mark Zuckerberg and Google founders Larry Page and Sergey Brin.