Volvo appoints head of Scania as its new CEO

Volvo appoints head of Scania as its new CEO

On Wednesday, Volvo said that it has appointed president and chief executive of Volkswagen-owned Scania as its new head.

Martin Lundstedt has replaced Olof Persson who led the global truck maker for nearly four years. Lundstedt will take control of the position in October. As a part of the reshuffle, Jan Gurander, the group's chief financial officer, will become the president.

During Persson's four-year reign, profit margins of the company fell consistently despite a restructuring program designed to reduce costs by SKr10bn ($1.15bn) and cut more than 5,000 jobs.

Yahoo misses Wall Street's Revenue and Profit Forecasts

Yahoo misses Wall Street's Revenue and Profit Forecasts

Internet search and content company Yahoo has reported its first quarter earnings and revenue, which missed Wall Street's revenue and profit forecasts. Small growth in the company's online advertising businesses was overshadowed by its higher payments to websites which sends traffic to Yahoo.

Media Companies protest over Verizon's 'skinny' programming packages

Media Companies protest over Verizon's 'skinny' programming packages

Earlier this week, telecommunications company Verizon Communications Inc, announced a new offering for its FiOS television service which allows users to choose smaller packages of television channels at lower price than a usual pay-TV package. After the company's roll out the 'skinny' packages, owners of some popular channels stand against Verizon Communications and accused it of violating contracts.

Author of a California Vaccine Bill confident of Reviving the Measure

Author of a California Vaccine Bill confident of Reviving the Measure

State Senator Richard Pan proposed to levy a cap on the number of schoolchildren who should be exempted from being vaccinated is quite positive that his bill will move further.

The changes he has made include allowing families to opt out of vaccines to home-school their children and also, allowing students to seek independent study. Last week, the bill was delayed because members of the Senate Education Committee were concerned that the bill would prevent unvaccinated children from receiving proper education.

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Color Genomics’ Genetic Testing for Breast Cancer holds promise

Color Genomics’ Genetic Testing for Breast Cancer holds promise

Cancer screening is important because early detection is helpful in improving prognosis for the disease. Gene mutations account for up to 15% of breast and ovarian cancers. Keeping in mind the same, Color Genomics focused on genetic screening and has released a breast cancer test that is affordable and accessible.

The testing kit released by Color Genomics costs $249, which is a drastically smaller amount in comparison to several thousands of dollars that typical gene tests cost right now. The kit will simply need a saliva sample.

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Blue Bell Creameries recalls all its products due to Listeria contamination

Blue Bell Creameries recalls all its products due to Listeria contamination

After weeks of gradual recalls of products by Blue Bell Creameries, which distributes frozen desserts to about half of the United States, the company is now pulling all of its products off the shelves.

The company said that it was voluntarily recalling all of its products after the bacteria listeria was found in two cartons of ice cream last month.

On Tuesday, the Centers for Disease Control and Prevention (CDC) listed two additional victims that got sick by Listeria linked to products made by Blue Bell.

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Vitamins may raise Cancer and Heart Disease Risk

Vitamins may raise Cancer and Heart Disease Risk

Dietary supplements are advertised to people for improving their health, but years of research has shown that they may be more harmful than being beneficial. They can even increase the risk of certain types of cancer.

Dr. Tim Byers, researcher from University of Colorado, said that studies done in the past 20 years have come up with the dangers of taking extra dietary supplements.

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Blue Bell Creameries announces massive recall due to Listeria contamination risk

Blue Bell Creameries announces massive recall due to Listeria contamination risk

For weeks, Blue Bell Creameries has been issuing recalls for its products due to listeria contamination risk. On Monday, the company has announced that it is recalling its complete products ranging from ice cream, frozen yoghurt, sherbet and other frozen snacks.

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MBCT helps deal with recurrent depression: Lancet Research Paper

MBCT helps deal with recurrent depression

According to a Lancet report, a mindfulness-based therapy could help people deal with recurrent depression. The therapy was used by scientists against anti-depressant pills for people having high risk of relapse. The researchers found that the therapy showed good results.

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Sequel to Transformers could be released in 2017

Sequel to Transformers could be released in 2017

As per Hasbro, new part of Transformers could be in theatres in around two years. The idea is to have a deep story for Transformers 5, with multiple sequels and spinoffs.

Hasbro's chief executive officer Brian Goldner said, "Our plan with the studio and filmmakers you may have heard some writers being hired and Transformers Age Of Extinction we have in fact brought in Akiva Goldsman to lead a group of writers to really create a strategic plan around Transformers".

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