Business News

Last weekend, internet pioneer Ted Nelson speculated that the creator of Bitcoin (who goes by the pseudonym Satoshi Nakamoto) was actually Japanese math professor Shinichi Mochizuki. This was the latest theory in an extr...

Looking back to 2 days ago, First Potomac Realty Trust (NYSE: FPO) priced a 6,500,000 share secondary stock offering at $14.70 per share. Buyers in that offering made a considerable investment into the company, expecting...

Merck & Co. says it is ending development of an experimental Parkinson's disease drug because the drug wasn't working.

Ellen DeGeneres and wife Portia de Rossi have just bought a $26.5 million estate in seaside Montecito, Calif., according to TMZ. The 13-acre ocean-view estate has a 10,522-square-foot Italian-style villa that was built i...

After initially issuing its September profit warning and then reporting a dramatic turnaround last month, Burberry is back in a big way with its recently reported 20 percent sales growth for the year ending March 31, as ...

UPS AND DOWNS: Stocks plunged at the opening of trading but recovered by midday. A rout overseas and in the early going on Wall Street was set off by a slowdown in China and worries that the Federal Reserve might slow do...

More and more we're hearing of CEOs who devote significant portions of their time to a task long considered beneath them: hiring. Dave Gilboa, co-founder of Warby Parker, said Wednesday at The Wall Street Journal's "Secr...

NEW YORK

App recommendation engines are getting booted from Apple's app store because they suck, according to a new player in the app-finding business. But Hooked Media has come up with an entirely new take on app recommendation ...

UPS AND DOWNS: Stocks plunged at the opening of trading but recovered by midday. A rout overseas and in the early going on Wall Street was set off by a slowdown in China and worries that the Federal Reserve might slow do...

Close contact with someone infected with the new bird flu strain, H7N9, is likely to get you sick, according to a new study published today, May 23, in the journal Science. The virus isn't that great at passing through t...

Here's a chart of Amazon from analyst Benedict Evans. As you can see, for its life, Amazon's net income has essentially been flat fluctuating between small losses and small profits. Its revenues, on the other hand, have ...

Macy's Inc., Target Corp. and 15 other U.S. retailers sued Visa Inc. and MasterCard Inc. on Thursday over fees to process credit card transactions.

The marketing people at Chevrolet make no secret of the goal for the new diesel version of the Chevrolet Cruze: Take sales from Volkswagen.

An open letter to WPP CEO Martin Sorrell from a creative guy who works for him (at least, as of this writing). Dear Sir: At the MediaCom Beyond Advertising event in London on Wednesday you said, "The days in which creati...

CLEVELAND (AP) -- The man who famously put down his Big Mac to help rescue three women held captive for years in a Cleveland house will get free McDonald's for the next year, a company spokeswoman confirmed Thursday.

Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. The dip gave investors who missed this year's stock market surge an opportunity to get into the market, and by...

Senators' votes on a recently failed amendment to expand background checks on gun purchases could have reverberations in the 2014 election, a new Washington Post/ABC News poll suggests. According to the poll, 67 percent ...

FRANKFURT, Germany (AP) -- European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted banks in order to help the region leave its eco...

After the RMS Titanic struck an iceberg and began to sink into the freezing North Atlantic on April 15, 1912, doomed band members on the...

In Mauritania, a West African country situated in between Western Sahara and Senegal, thin isn't considered beautiful. Skinny women are viewed as poor and not able to afford food. For women to find husbands in Mauritania...

3D printed guns are going to be tough to control, and the Department of Homeland security knows it.