Business News

Shutterstock I hate debt. Owing money feels terrible and dirty. I’ve been there. Coming out of college, I had $60,000 in loans and it was suffocating. I can clearly remember the day that I made the final payment, 15 ...

Lyft President John Zimmer is dispelling rumors that Lyft is looking for a buyer. The acquisition offers it is reviewing are all part of the 'normal course of business.'

Clinton's plan would allow regulators to punish companies that routine slow-walk -- or never send -- the check.

Global steel production fell for third consecutive month in June, although remained above levels seen in the latter parts of 2015. According to World Steel Association, which represents around 85% of the world’s steel ...

Activity levels across Japan’s massive manufacturing sector continued to decline in August, albeit at the slowest pace seen in six months. The latest Nikkei-Markit “flash” manufacturing purchasing mangers index (PM...

New Yorkers now have a luxury dog-food option -- and the monthly tab can top what it costs to park a Tesla in a Manhattan garage. A startup called Malibu Dog Kitchen has just opened its first store in Greenwich Village -...

Clinton will hold a conference call with small business owners on Tuesday afternoon

Uber boss Travis Kalanick may have a new nemesis: Apple boss Tim Cook. Apple was recently in talks to take a stake in Lyft, the No. 2 ride-hailing app in the US, as part of a "strategic partnership" that could pose a fre...

A multibillion-dollar payday for Wall Street lawyers has gotten off to a rocky start. A highly anticipated class-action antitrust case accusing 22 banks of rigging the very bedrock of the US financial system was criticiz...

Viacom's new board members will be cracking the whip like a chariot rider racing around Circus Maximus this week as they seek to get up to speed on the broken business and some very pressing decisions. Viacom B shares sa...

This is about blank checks and bounced checks -- and why supermarkets are closing in Manhattan. Red Apple is one of the few locally owned supermarkets left in Manhattan, the others having been driven away by high rents. ...

Most entrepreneurs I know are so passionate about their new idea that they are surprised when family and friends don’t line up to invest in their new venture. Yet they tend to ignore this problem, and move on quickly t...

Latin America has traditionally been the world’s most unequal region, but it has recently shown signs of change. Through the 2000s, high international prices for exports have brought inequality levels down. Governments...

Photo by Mark Tipple / Barcroft Media / Getty Images Whether in developed or emerging markets, investors continue to pile into bond funds at present. This is no better demonstrated than in the chart below from Citibank. ...

If you want to play video games while driving your car, Nvidia has a chip for you. Just kidding. The graphics chip maker announced today its newest mobile processor, code-named Parker, which serves as the brains of a pla...

The latest lending figures show just how prodigious banks' shift from construction to C&I loans has been since the crisis. Yet a hard look at C&I credits, especially their loss rates, raises questions about whether they ...

Many of us dream of striking out on our own in search of a more fulfilling career or to pursue a passion, but making that massive leap comes with guaranteed risks that few are willing to take. Five leaders weigh in on th...

Instant ramen has overtaken cigarettes as the go-to currency in U.S. prisons, according to a study.

BII This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Walgreens, the U.S. pharmacy chain with more than 8,000 stores, will become the first merch...

Courtesy of the Mad Fientist. On August 1, 2016, Brandon officially retired. The 34-year-old software developer and blogger behind the Mad Fientist -- who doesn't use his last name online for privacy reasons -- had been...

Walmart bought Jet.com for $3.3B a little over a year after the site was officially launched. We used CB Insights data to analyze what some of the other quick turnarounds there were for startups. Specifically we looked a...

South Carolina-based Southern First Bank plans to make its first foray into North Carolina by opening a full-service branch in Raleigh. The bank, which is headquartered in Greenville, S.C., already …