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Fitbit is looking a lot like GoPro. Both may be one-trick pony gadget makers that compete with much bigger tech giants. Fitbit’s latest guidance suggests that demand for its trackers may be waning. It needs its Blaze smartwatch to be a hit.

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Source: Fitbit flatlines: Stock plunges on weak outlook

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The oil industry says nearly half of British oil fields in the North Sea will lose money in 2016 if crude prices remain around $30 a barrel.

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Source: British oil industry warns it may collapse

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Valeant Pharmaceutical said it will have to restate its earnings after learning that it booked millions of dollars in sales at the wrong time.

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Source: Valeant stock drops following earnings fumble

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Tech industry scion Bill Gates has suggested that Apple is mischaracterizing its fight against an FBI request to unlock the iPhone of deceased San Bernardino shooter Syed Farook.

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Source: Gates breaks with industry over Apple-FBI spat

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Univision, the country’s largest Hispanic television network, is launching a campaign to convince its viewers to become voters.

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Source: Univision initiative urges viewers to register to vote

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Indian startup ThinkScream has invented a smart trash can that rewards people with 15 minutes of free Wi-Fi every time they throw something away.

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Source: Want to clean up India? Turn trash into free Wi-Fi

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Donald Trump has declined to appear on a Fox News “Voters Summit” to be hosted by Megyn Kelly.

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Source: Trump declines to appear on ‘Voter Summit’

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By Michael Snyder

Did you know that there are some U.S. states that have already officially fallen into recession?  Economic activity all over the planet is in the process of slowing down, and there are some areas of the country that are really starting to feel the pain.  In particular, any state that is heavily dependent on the energy industry is hurting right now.  During the years immediately following the last recession, the energy industry was the primary engine for the growth of good paying jobs in America, but now that process is completely reversing.  All over the U.S. energy companies are …read more

Source: Recession 2016: In Some States, A Very Deep Economic Downturn Has Already Arrived

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OPEC wasn’t prepared for the severity of the decline in oil prices over the last 18 months, the cartel’s top official said on Monday at an industry conference.

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Source: Not even OPEC saw oil crash coming

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Starbucks is changing its rewards program in April, and loyal customers are not happy about it.

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Source: Starbucks customers furious about rewards plan

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