Business News

A day after Adobe announced its $800 million deal to buy stock photo company Fotolia, Shutterstock, a leader in the industry, is feeling the heat. Now, nobody’s face is melting off, but investors are clearly concerned ...

Short sellers are back with a vengeance. The five-year bull market has inflicted nothing but pain on short sellers as many of the stocks they bet against just kept soaring....

LOS ANGELES

HSBC is trying to shut the door on sexual harassment allegations -- literally. Michael Picarella, who claims the bank giant retaliated against him for reporting sexual harassment, was barred from...

At the moment election campaigns are being carried out in Japan for the upcoming national election on Sunday, December 14th. As we have been repeatedly told by Prime Minister Shinzo Abe, the election is about the surviva...

The economy is recovering, but not the bottom line for black Americans, according to new figures from the Pew Research Center. The median wealth of black households dropped an astonishing 34 percent from 2010 to 2013, ac...

Since Amit Kleinberger was appointed chief executive six years ago at the age of 27, he has grown Menchie’s from a single store in Los Angeles into the world’s largest self-serve frozen yoghurt franchise.

During the financial crisis a hedge fund took in hundreds of millions of dollars from wealthy investors. Now the money is gone--and the man who ran it has vanished from their sights.

Each week, our friends at Backerjack bring us updates on some of the most successful gadget crowdfunding campaigns. Mono Mono is an open source, programmable platform designed to test ideas out on. The tiny device comes ...

Washington

Viacom chieftain Philippe Dauman isn't waiting to see what's under the Christmas tree. The media honcho has sold nearly $140 million worth of Viacom stock since just before the Thanksgiving...

A bankruptcy court judge on Friday voided the proposed sale of the former Revel Casino Hotel in Atlantic City to a Canadian firm. Judge Gloria Burns granted a request by Revel Entertainment to cancel the $110 million sal...

In enterprise IT, things move so quickly that it's often hard to keep up. But you can listen to industry leaders and learn what they're seeing. Tidemark CEO Christian Gheorghe is one of those visionaries. After successf...

Weekend Investor: Shifting income from one year to another and spending strategically are among the timely moves that could help families qualify for need-based financial aid.

One week after San Mateo County Court Judge Barbara Mallach issued an order for billionaire Vinod Khosla to open access to Martin's Beach, a gate leading down to the shore remains closed. The Surfrider Foundation first f...

"MythBusters" co-host Adam Savage was left cold with the plot from Interstellar. However, his knowledge of mechanics leads to his conclusion that T.A.R.S. is the perfect robot.  Produced by Justin Gmoser Follow BI Video...

BP plc (ADR) (NYSE:BP) CEO Bob Dudley initially joined Amoco in 1979. He worked at numerous and engineering and commercial posts. Mr. Dudley joined BP in 1998 after a merger between Amoco and BP. Prior to the merger he w...

ArcelorMittal hedged a block of iron ore trades in September while Tata recently decided to use derivatives on a small scale next year

Gold of 99.9 and 99.5% purity advanced by Rs40 each to Rs27,350 and Rs27,150 per ten gram respectively

Karbala (Iraq)

Most of the Atlantic City casinos still open saw a hike in business for November. Among the casinos posting higher gambling revenues were the Borgata, up 15.6 percent to $59.2...

Family Dollar investors may get a little more time to consider the deep discounter's proposed merger with Dollar Tree. The country's second-biggest dollar-store chain will likely postpone a Dec. 23...