Business News

Via Matt Yglesias this chart from a BEA Presentation on the US economy debunks the myth that foreigners own a huge stake in the nation. On net, foreigners only own 5.8% of America's net worth. Please follow Money Game on...

Netflix reported its first-quarter earnings on Monday, during which the video company released its latest subscriber numbers. Here's a breakdown of Netflix Inc.'s subscribers as of March 31 and details...

Film buffs can thank royalties from the House of Lannister for bringing a single-screen movie theater back to life in Sante Fe, N.M. Game of...

LeBron James is the most dominant athlete on Earth, so he can wear whatever he wants and get away with it. But some of his outfits raise more eyebrows than others. For instance, last night he wore a bright red sweater wi...

The Florida and Texas Bankers Associations have filed a lawsuit against the federal government aimed at striking down a new regulation requiring U.S. banks to report interest payments made to foreign account holders to t...

GMO's Jeremy Grantham has maintained a gloomy slant on the economy. However, he does see reasons to be optimistic. Last week, The Guardian's Leo Hickman conducted a lengthy interview with Grantham. And during the intervi...

Apple has won the lawsuit that Google division Motorola brought against it in summer 2012. The lawsuit, if successful, could have resulted in an import ban of iPhones, iPads, and iPod Touches.

To celebrate Earth Day, Wake Tech announced Monday it had piggybacked with the year-old JouleBug, a free app that encourages users toward earth-friendly behaviors, by adding a handful of Wake...

SAN FRANCISCO

We all have our favorite animals -- these are usually soft, cuddly, and are able to show affection with great big licks. The beauty of smaller, less fluffy animals, like bees and flies, however, is often unappreciated. S...

The annual compensation of Caterpillar chief executive Doug Oberhelman jumped by 32 percent, to $22.4 million, a figure that includes his salary, stock and option awards and retirement plan contributions.

It used to be well known in Hollywood: no one ever leaves CAA voluntarily. Why would they? There's nowhere to go but down from from the biggest agency in town. But over the past three months, no fewer than five high-prof...

The parent of the Chicago Board Options Exchange is considering whether to separate off its regulatory division in the wake of an ongoing federal probe over potential conflicts of interest, people close to the discussion...

Activist hedge fund ValueAct Capital took a $2 billion stake in Microsoft, its CEO Jeffery Ubben announced at an investment a conference in New York, today. He explained the investment by saying, "In three to five years,...

Lululemon actually benefitted from having to recall 17% of its yoga pants for being too sheer last month. The yoga retailer's shares are soaring on news that it would probably replenish all of its pants by early June, th...

As more and more retail investors prepare to take the stock market plunge, it's alarming to learn that America's collective investing knowledge is bad - very bad.

More than half of Americans think an organic label is just an excuse to charge higher prices even though more people are concerned about the...

The world wasn't exactly in a laughing mood when Ben Stiller's "Zoolander" was released on September 28, 2001 -- barely two weeks after the 9/11 attacks on the World Trade Center. Following the tragedy, the late Roger Eb...

When you care deeply about your career and receive a great deal of satisfaction from what you do, this phrase can become the mantra for your life: When in doubt, work.

In another foray into original content, Amazon streams pilots for eight new comedies and invites visitors to influence their fate by rating them.

Our economy has shown great resilience in the face of a dire balance sheet, fraud, and lack of regulatory oversight. However, if we want to create a sustainable and authentic recovery, we need confidence in the SEC's abi...

The deal is for "special access" to advertising slots, as well as research data and new, as-yet-unannounced advertising products, in return for which Starcom has committed to spend $200 million -- or more -- of its clien...