Business News
Texas woman sues Facebook for $123 million for keeping revenge porn post live
Tech Times - 2 Aug 2014 05:48
Facebook battles a $123 million lawsuit after a Texas woman blames the social networking site for delayed action on a revenge porn post. The plaintiff is seeking compensation for trauma, as well as mental and physical su...
Argentina and Singer caught in financial tango
New York Post - 2 Aug 2014 03:51
Don't expect Argentina President Cristina Kirchner to order her Economy Minister, Axel Kicillof, back to the negotiating table in New York anytime soon. Despite the fact the embattled country defaulted...
China interest in Microsoft may go beyond antitrust concerns
Tech Times - 2 Aug 2014 06:15
Roughly 100 officers with the Chinese government launched a surprise investigation at Microsoft's offices in China. Antitrust allegations may be veiling an attempt to hinder operations of foreign tech firms in favor of C...
PG&E to stop providing bottled water in Hinkley
Miami Herald - 2 Aug 2014 21:34
A utility is halting its program that supplied bottled water to a Mojave Desert community whose toxic chromium contamination was portrayed in the movie "Erin Brockovich."
Mixed Signals Abound; Tough Decisions: Jim Cramer's Best Blogs
The Street - 2 Aug 2014 17:09
NEW YORK (TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on: Sign...
How menus trick you into spending more
Market Watch - 2 Aug 2014 16:53
Restaurant menus are carefully designed to encourage diners to spend more.
VTTI Energy Brings World's Crude Oil Terminals to Investors
The Street - 2 Aug 2014 16:00
NEW YORK (TheStreet) -- VTTI Energy Partners's initial public offering may open U.S. investors to a unique type of infrastructure master limited partnership (MLP). The company will package growth opportunities from forei...
French Police Officer Arrested For Allegedly Stealing Cocaine In Heist Straight Out Of A Crime Movie
Business Insider - 2 Aug 2014 14:21
A French narcotics police officer was arrested Saturday on suspicion of stealing over 50 kilos of seized cocaine from the Paris police headquarters. The 34-year-old officer, who was not publicly identified, was believed ...
Stanford breakthrough might triple battery life
USA Today - 2 Aug 2014 06:08
Stanford claims advance in quest for pure lithium battery.
Bits Blog: Microsoft Sues Samsung Over Android Royalty Payments
The New York Times - 2 Aug 2014 02:36
The lawsuit claimed that Samsung failed to follow the terms of a 2011 patent licensing deal between the two companies.
The S&P 500 Suffers Worst Week in 2 Years
Boston - 2 Aug 2014 02:03
Markets ended the day lower across U.S. indexes - and sectors - Friday - but avoided the kind of steep selloff we saw Thursday. The S&P 500 saw its steepest weekly drop in two years. The Dow and the Nasdaq also finished ...
Man wounded in West Woodlawn shooting
Chicago Tribune - 2 Aug 2014 23:33Incredible Pictures Of The Isolated Island Called 'The Most Alien-Looking Place On Earth'
Business Insider - 2 Aug 2014 22:51
One hundred and fifty miles off the Horn of Africa lies a tiny archipelago of islands known as Socotra. Because of its extreme isolation from other land masses, Socotra has very unique plant life, a third of which can be...
Twitter Q2 earnings soar above expectations. Thanks to 271 million active users
Tech Times - 2 Aug 2014 05:46
Twitter's revenue of $312 million for the second quarter exceeded the expectations of analysts, which expected earnings of only $283 million for the company.
The Not-So-Broken-Windows Theory Of Company Culture And Excellence
Forbes - 2 Aug 2014 05:00
Every consultant has his or her shortcuts. For me, if I want to quickly size up a company's culture, customer-centricity, and organizational excellence, and I want to do it without taking a backstage tour or even lookin...
Allergan claims Bill Ackman broke insider-trading rules
New York Post - 2 Aug 2014 04:22
Botox maker Allergan sued hedge fund titan Bill Ackman on Friday, claiming the investor violated insider-trading regulations. The suit, which also names Ackman's Pershing Square hedge fund and pharma giant...
Britain Fails to Find Riches It Expected in Swiss Accounts
The New York Times - 2 Aug 2014 03:06
When the British tax authorities struck a landmark deal with the Swiss to crack down on tax evasion, they sat back and waited for the cash to flow in. Almost three years later, they are still waiting.
Victims Begin Filing Claims in G.M. Case
The New York Times - 2 Aug 2014 03:00
The process will ultimately help calculate how many people were killed or seriously hurt by faulty ignition switches.
ImmunoGen Beats Expectations: Gives Strong Guidance For Fiscal 2015
Bidness etc. - 2 Aug 2014 02:09
ImmunoGen, Inc. (IMGN) is a biotechnology and medical research firm which develops treatments for cancer using antibody-based therapeutics.
How The Wealthiest Families Are Positioned Internationally -- Part 4
Forbes - 2 Aug 2014 02:05
It is one thing for a family member to immerse oneself when living abroad. It is another when a family firm chooses to operate offshore. It need sto consider culture from two angles. First, how does local culture affect ...
Business Briefing: Berkshire Hathaway's Profit Surges on Stock Swap
The New York Times - 2 Aug 2014 02:01
The billionaire Warren E. Buffett's company said its second-quarter profit soared 41 percent on a significant investment gain from a stock-swap deal completed earlier this year.
Cautious Lufthansa Will Avoid Iraq Airspace Through Sunday
Forbes - 2 Aug 2014 19:06
Lufthansa says it has ceased flying over Iraq this weekend while it evaluates flight security in the country’s air space.