Business News

For a brief period of history, Rhode Island was the only state where prostitution was legal in every county. Now, a new report shows legalized prostitution led to a decrease in rapes and sexually transmitted diseases wit...

CIT Group Inc. (CIT) announced today that it had reached a deal to acquire IMB Holdco LLC, the holding company that owns OneWest Bank, a Southern California-based regional bank, for close to $3.4 billion in a cash-and-st...

Philip Seymour Hoffman Didn't Believe in Marriage, But Would He Have Married To Save $15 Million In Taxes?

Russia cancelled its first ruble bond auction in three months Tuesday after borrowing costs soared as the U.S. and the European Union consider further sanctions related to the country's involvement in the rapidly deterio...

Easy for a guy with an estimated net worth of $80 billion to say, right? Well, he actually has a point.

(Reuters) - Rupert Murdoch's plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack.

If you're sick of squeezing into New York City apartments but still want to stay within commuting distance, these amazing homes might pique your interest.  But be ready to shell out some big bucks. From New Jersey mansi...

Losing revenue from 12(b)-1 fees, the firm is asking its advisers to raise minimum fees to help make up for lost revenue.

A Florida jury recently awarded Cynthia Robinson $23.6 billion in punitive damages in her lawsuit against R.J. Reynolds Tobacco Co., filed on behalf of her husband who died of lung cancer at 36 from smoking since he was...

The run-up of shares of GoPro isn't causing pause from most Wall Street analysts          

(Reuters) - Apple Inc has asked suppliers to manufacture between 70 million and 80 million of its two upcoming large-screen iPhones by the end of the year, its largest initial production run of iPhones, the Wall Street J...

The new leaders of Market Basket say they "saw no alternative" to firing protesting employees.

Saudi Arabia's cabinet authorized the Capital Market Authority to allow foreign investors to trade in Tadawul All Share Index

No matter how you slice the data, Chrysler is enjoying great success in the automotive world. At Kelley Blue Book we've watched shopper traffic across every Chrysler division (Chrysler, Dodge, Fiat, Jeep, and Ram) effect...

NEW YORK (TheStreet) -- Shares of FuelCell Energy Inc.   are up 0.81% to $2.49 in after-hours trading following an announcement earlier today that the German government awarded the company 4.9 million euros, or $6.6 m...

In an ideal world invoices would be honoured on or ahead of time and there would absolutely no need to spend time and energy trying to get through to the ‘right person’ in your customer’s accounts department to sec...

He doesn't seem too concerned.

Nokia: a lead weight for Microsoft?

Looks like the Surface tablets have again helped Microsoft’s revenue this past quarter. Surface tablets brought in $409 million in revenue, mainly in sales of the second generation Surface 2, Surface 2 Pro, and Surface...

Pro social network LinkedIn has purchased marketing-platform startup Bizo in a deal worth $175 million, the company announced today. Bizo produces B2B marketing products that let businesses measure display and social adv...

Microsoft’s quickly maturing Azure public cloud looks to be generating more revenue for the company — fortunately for cloud-obsessed chief executive Satya Nadella. Azure growth was up more than 100 percent year over ...

Mobile voice assistants continue to improve. Both Apple’s Siri and Google’s Now are a far distance from emotional and compelling Samantha, voiced by Scarlett Johannson in 2013′s double Oscar and Golden Globe winnin...