Category Archives: National News

Amazon Terminates IRobot Deal; IRobot Slashes 31% of Staff

Amazon Terminates IRobot Deal; IRobot Slashes 31% of Staff

The far-reaching power of Amazon sales reached into the I Robot Vaccuum maker’s business, causing it to slash its staff numbers by 31 percent. This follows a terminated deal by Amazon that would have acquired IRobot for $1.7 billion in cash. Toronto Sun reports the proposed deal value fell 15% after IRobot incurred new debt.…MORE

Veteran Broadcaster Charles Osgood Dies at 91

Veteran Broadcaster Charles Osgood Dies at 91

(WBAP/KLIF) – Veteran newsman and broadcaster Charles Osgood has died at the age of 91, at his home in New Jersey. Osgood anchored “CBS Sunday Morning” for 22 years, hosted a long running series “The Osgood File” for more than forty years, and dabbled in voice work in Hollywood. In news segments, Osgood would at…MORE