Business News

Activist hedge funds care about the money, not the company.

Maps are famous for distorting the earth.  Because they portray our world in only two dimensions, continents and countries become skewed, as does our perception of how big they truly are. And that doesn't even factor in...

Will the last person leaving the plant get the lights? New York City's once-mighty manufacturing sector is being strangled by low-cost competition and city policies, according to analysts. City manufacturing,...

Relationship expert Melissa Schneider, author of The Ugly Wife Is A Treasure At Home, shares the differences between China's beauty standards are our own. Produced by Joe Avella and Alana Kakoyiannis  Follow BI Video...

At the president's request, the secretary of labor will travel to California to "meet with the parties to urge them to resolve their dispute quickly at the bargaining table," according to a White House spokesman.

Febie, a woman in her late 20s, nods towards a group of diners in her small café in central Taipei, the capital of Taiwan, and acknowledges that customers like them have been good for business over the past few years.

BBC Radio 1 presenter Zane Lowe, one of the most recognisable names (and voices) in British music, has been hired away from the radio station by Apple. The Guardian reports that Lowe is going to move to the US and work o...

New measures could lead to the shut down of a large coal-fired power plant in eastern Montana that provides power to a chunk of the Pacific Northwest, which would have implications for Montana's economy.

On 2.5 acres in Houston, Texas, an anonymous owner has erected an enormous 27,000-square-foot chateau that's being sold for $43 million. The newly built monumental mansion is reminiscent of Versailles with hand-painted d...

Relations between Beijing and Tokyo may have been tense in recent years, but that didn't stop a Chinese sovereign fund from teaming up with LaSalle Investment Management of the US to buy a Tokyo mixed-use complex for ¥1...

It's the lubricant of the world's financial machinery, and its pros fear there is a major jam coming soon. The nuts-and-bolts sector of finance known as the $1.76 trillion US...

How in the world can you do that? While gas prices have fallen 40 percent and the latest jobs numbers show growth, retail sales for January and December came up...

Lightning struck a few times on Wednesday night, with several people sharing the Powerball top prize of $564 million, the fifth-largest in US history. The chances of winning the top...

Armed with extensive pre-apprenticeship certificates, Andre Hollins, a father of twin boys, searched nearly 2.5 years for work. By dawn, he would have already hit up multiple construction sites. He rarely saw people who ...

The better-than-expected fourth-quarter earnings season may be the last one for a while

The Grammys may be over, but all those high- powered executives getting together for a vodka-fueled weekend means there are deals on the way. On the Money sources spied Snapchat...

I never noticed it until 'Twas gone - the narrow copse Where now the woodman lops The last of the willows with his bill – Edward Thomas, "First Known When Lost" (1917)

Critics of hedge funds who believed that the obituary had already been written for these controversial investment vehicles received some disappointing news this week. The San Francisco Public Employees Retirement System ...

The following tax-exempt fixed-income issues are scheduled for pricing this week.

North Carolina newspaper The Lexington Dispatch last week issued a correction noting that President Obama is not the antichrist, according to Gawker. The Dispatch originally headlined a letter to the editor as, "Is Obama...

Paris (France)

The Economist is mistaken in claiming activists as the heroes of capitalism