Playboy is considering ending its print magazine, report says

LOS ANGELES — Newsstands soon could be stripped of one of the nation’s most iconic publications: Playboy magazine. Playboy Enterprises Inc. reportedly is considering killing the print magazine, which was started more than six decades ago by Hugh Hefner, who died in September. Famous for its racy images of naked women, the magazine launched Hefner’s Beverly… Please follow and like us:

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Allergan, Restasis and the Mohawks vs. the Feds: Epic fail?

WASHINGTON, October 18, 2017 – In our previous installment on the Allergan (symbol: AGN) patent brouhaha with the Feds, we explained how patent and formula maneuvers and other complicated legal stuff can often prolong patent protections for all manner of innovative products, including the formulation of breakthrough prescription drugs. We also regaled you with the complex… Please follow and like us:

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Buffett’s Berkshire Has Almost $100 Billion in Cash

Just about everyone, even the already filthy rich, would likely say that having $100 billion at their disposal was the kind of problem they would love to have. But for world-renowned billionaire investor Warren Buffett, whose Berkshire Hathaway has nearly that nine-figure amount in cash on hand, it’s not exactly beneficial to have that much moola… Please follow and like us:

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Elon Musk Tells Tesla Shareholders To Expect The Model Y And More Growth

This article originally appeared on the Motley Fool. Shares of Tesla (NASDAQ:TSLA) have been rising at an incredible rate recently, up about 91% in the past six months. It’s a great time, therefore, to hear from Tesla’s CEO at the company’s annual shareholder meeting; among other topics this week, Elon Musk explained Tesla’s retail-store expansion plans,… Please follow and like us:

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Alibaba’s ‘new retail’ plan gets teeth

E-commerce giant Alibaba Group Holding Ltd is penetrating deeper into the offline sector to build its “new retail” model. It spent an estimated but unspecified amount of over HK$630 million ($80.88 million) for an 18 percent stake in Hong Kong-listed Lianhua Supermarket Holdings Co Ltd on Friday. Post the deal, which was announced by Lianhua, Alibaba… Please follow and like us:

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