Business News
In China, Online Shopping Is Now More Popular Than Social Networking [CHART]
Business Insider - 1 May 2014 20:58
Online shopping is one of the fastest-growing Web activities in China, with nearly half of Internet users in the country now shopping online. Roughly 618 million people in China used the Internet last year (approximate...
The One Thing That Scares Neil de Grasse Tyson About Being On TV
Business Insider - 1 May 2014 18:12
Long before Neil de Grasse Tyson hosted Fox's successful documentary series "Cosmos," he was more famous for his work in the science community as a leading astrophysicist, author, and educator. But it wasn't easy for...
The Abandoned Silverdome Looks Post-Apocalyptic
Business Insider - 1 May 2014 20:36
It's only been 12 years since the Detroit Lions vacated the Pontiac Silverdome for Ford Field in downtown Detroit. In the dozen years following the departure, the Silverdome has slowely but surely morphed into a post-apo...
Steven Spielberg Published This Awesome Ad Congratulating George Lucas When 'Star Wars' Beat 'Jaws' -- And Started A Tradition
Business Insider - 1 May 2014 22:16
It's well known that George Lucas and Steven Spielberg are close friends, so when Lucas' "Star Wars" eclipsed Spielberg's "Jaws" as the all-time box-office leader back in 1977, Spielberg took out a full-page ad in Variet...
Buffett pressures Coke privately on compensation plan after publicly abstaining: WSJ
Reuters - 1 May 2014 04:04
(Reuters) - The Coca-Cola Co is likely to revise its controversial equity compensation plan for executives before it goes into effect in 2015, following pressure from Warren Buffett, the Wall Street Journal reported, cit...
The Perfect Storm -- Why The Sale Of The Clippers Will Likely Surpass $1 Billion
Business Insider - 1 May 2014 17:40
Donald Sterling stands to make a huge profit off of his original $12.5 million investment to purchase the Los Angeles Clippers in 1981. But if he is forced to sell now, he stands to lose hundreds of millions more as the ...
GM Drives Past Recall Diversion, Posts 7% April US Sales Increase
NBC News - 1 May 2014 17:03
General Motors managed to steer its way through a minefield of bad publicity last month over its 2.6-million vehicle recall, to rack up a 7-percent increase in U.S. sales in April.
US plays delusional economic numbers game
New York Post - 1 May 2014 05:03
This may be the quickest economic recovery on record. At 8:30 Wednesday morning the Commerce Department announced that the US economy barely grew in the first three months of 2014....
Channel 5 To Be Bought By MTV's Owner
Sky News - 1 May 2014 14:31
Viacom emerges as the successful bidder for Channel 5, leaving its current owner with a very healthy profit.
Average house price in England could double in next decade, report says
The Guardian - 1 May 2014 07:00
Research by Shelter and KPMG shows radical new housebuilding programme needed to provide nearly 250,000 new homes a year
IDBI bank earnings continue to highlight economic stress
livemint.com - 1 May 2014 16:00JPMorgan's Poker-Playing Head VIX Trader Jeremy Wien Leaving To Join Och-Ziff
Business Insider - 1 May 2014 21:46
JPMorgan vice president/head of VIX trading Jeremy Wien is leaving the bank to join hedge fund giant Och-Ziff, according to a memo obtained by Business Insider. At his new job at Och-Ziff, Wien writes that he will be tra...
The Alarming State Of Ukraine -- And Unnerving Threats From Russia -- In One Map
Business Insider - 1 May 2014 19:57
The crisis in Ukraine continued to escalate on Thursday, as Russian President Vladimir Putin demanded Ukraine pull its military forces from some of its eastern regions. Clashes intensified in the eastern city of Donet...
Google Can Now Track Where You Parked Your Car
Business Insider - 1 May 2014 17:25
Google Now, the digital assistant that comes with Android phones, just added a parking detector to its search function. The new parking card lists the address of the place where you left your car, along with a map that s...
Is 2014's Hot Sector Ripe for Profit Taking?
Forbes - 1 May 2014 17:24
The new closing highs in the Dow Industrials on Wednesday got most of the attention though it is still below the intra-day high of 16,631 from April 4. The Dow Transports made new all-time and closing highs last week so ...
Metals Stocks: Gold slides as taper continues, data mounts
Market Watch - 1 May 2014 07:38
Gold prices fall after the Federal Reserve decides to continue trimming its bond-buying program by $10 billion a month, with attention turning to the next batch of economic reports leading into the jobs numbers.
The Wall Street Journal: AT&T approached DirecTV about possible acquisition
Market Watch - 1 May 2014 07:13
AT&T has approached DirecTV about a possible acquisition of the satellite TV firm, the latest sign of a possible shake-up in the television industry, reports The Wall Street Journal.
WGN-Ch. 9's Dan Ponce buys Irving Park house
Chicago Tribune - 1 May 2014 07:00
Morning news co-anchor and wife pay $615,000 for house in Irving Park neighborhoodWGN-Ch. 9 morning news co-anchor Dan Ponce and his wife have traded up on the North Side, paying $615,000 for a new three-bedroom house in...
Report: large employers could shift nearly all workers’ health coverage to marketplace by 2020
Miami Herald - 1 May 2014 06:15
A new investor report predicts that Standard & Poor's 500 companies could shift 90 percent of their workforce from job-based health coverage to individual insurance sold on the nation's marketplaces by 2020.
House flipping becomes more profitable
Market Watch - 1 May 2014 06:01
If you've been dreaming of fixing up a home and unloading it for a tidy profit, now may be the time to do it
China manufacturing growth weak in April
Miami Herald - 1 May 2014 05:10
Chinese manufacturing grew weakly in April, suggesting a slowdown in the world's second-largest economy is stabilizing, an industry group said Thursday.
Ex-Nokia boss' pay-off rises to $33m
BBC - 1 May 2014 03:45
Former Nokia chief executive, Stephen Elop, receives a bigger-than-expected pay-off, as the firm finalises the sale of it handset business to Microsoft.