Friday's Top 50 Business News & Stories
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7-Eleven is giving away free small Slurpees on Friday, plus a week of free treats. Flickr Creative Commons: mat stevens
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Currency markets are steady on Friday after word that one of Portugal’s largest banks may be in dire straits initially drove investors toward safe-haven assets. The eurozone crisis flashback was prompted by concerns over the financial st...
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There's an interesting piece in The Guardian today talking about the tax strategies of the chicken piri piri* chain, Nando's. They pay royalties for the use of the brand name to a company outside the UK, they pay interest on financing co...
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Because of housing costs and a need for companionship, older women, and some men, are increasingly choosing shared living arrangements.
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Infosys has one of the highest attrition rates in the Indian IT industry at 19.5 percent, a trend that the software firm terms "worrisome".
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Why is it so hard to pull off that kind of success?
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/> Meggan Sommerville In the days after the Supreme Court handed Hobby Lobby a sweeping victory in its fight to not provide employee health insurance that covers certain kinds of birth control, many customers came into the store in Auror...
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IBM thinks the future belongs to computers that mimic the human brain and use quantum physics...and they're betting $3 billion on it. IBM is unveiling a massive $3 billion research and development round on Wednesday, investing in weird, ...
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(Reuters) - Chrysler Group LLC said it would recall almost 900,000 sport utility vehicles (SUVs) to fix the wiring for vanity mirror lights to prevent any potential short circuits.
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Texas has more wind power generation than any other state, so it’s only fitting that Texas regulators are starting to ask some tough questions about wind power subsidies. The head of the state’s Public Utility Commission, Donna Nelson, i...
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Dawn of the Planet of the Apes is an occasionally thrilling and periodically thoughtful action drama that reaffirms the legacy of what once was the dominant science-fiction franchise of its time. The Box Office: If you had asked me two m...
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A deal would unite some of the best-selling brands in cigarettes, including Camel and Newport.
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“Social impact investing as a model is working, but the world’s poorest people still pay the most for things like clean water and basic health services,” explained Dr. Rajiv Shah, Administrator of USAID. In an interview, we discussed Dr....
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It's a famous story in Christopher Tsai's family, when his grandfather, who had flown in for a visit in the mid-1960s, demanded an explanation for “that thing on the ceiling.” The “thing,” dangling from the Tsai family home in Connecticu...
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NEW YORK (Reuters) - U.S. stock index futures pointed to slight gains at the open Friday in a modest rebound from recent losses, though major indexes remained on track for their biggest weekly decline since April.
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As you likely know, conventional wisdom advocates the concept of delaying your Social Security benefit as long as possible. This shouldn’t be a surprise - many financial advisors have espoused this concept for maximizing the retirement ...
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Influential players in the NYC tech community discuss what’s driving the startup revolution and how to sustain its growth.
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When the meeting you spent hours preparing for is abruptly cancelled, use the time to keep making progress
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When one looks at the data, over the long run, states with no income taxes are way ahead of the highest tax states across all relevant indicators. The evidence of this is overwhelming.
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Wells Fargo said its profit in the second quarter rose 4 percent from the same period a year ago to $5.7 billion, as credit quality improved and the bank tightened expenses.
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In travel, too, the wealthiest are pulling away not just from average Americans but also from the merely rich, and they are driving demand for exclusive trips.
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Portugal's central bank seeks to steady investors' nerves, saying the country's largest listed bank, Banco Espirito Santo, does not need extra funds.
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(Reuters) - Wells Fargo & Co , the largest U.S. mortgage lender, reported a 3 percent rise in quarterly profit and said it was seeing a number of signs that the U.S. economy was improving.
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The company appointed Vishal Sikka as its new CEO. Sikka will replace SD Shibulal, who has been at the helm of the tech major since the August 21, 2011.
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It feels like end of the Carter presidency and the nation needs Reagan-type reform, says turnaround expert Steve Miller.
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Becoming Mr. Olympia is no easy feat. It takes hard work, dedication, tough mentality, a serious workout plan, a solid nutrition plan and the appropriate supplements. If anyone knows anything about becoming Mr. Olympia, it's Phil Heath...
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Last month, Eugene Groysman made the case that Gilead Sciences (NASDAQ:GILD) can double its stock price because of high demand for its new Hepatitis-C drug, Sovaldi, even though it costs $84,000 per treatment. Eugene has an exceptional l...
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WASHINGTON (AP) — Dozens of companies, including Apple, Honda and Coca-Cola, have agreed to pay their suppliers more quickly in a bid to boost small businesses, the White House announced Friday. President Barack Obama was to launch an in...
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Canada's economy shed 9,400 jobs in June, enough to inch the unemployment rate up slightly to 7.1 per cent.
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Katie Melua admits she was "clueless and inexperienced" when she was advised to sign up to a tax avoidance scheme known as Liberty.
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L'Oréal is the leading cosmetics and beauty care player globally and competes with other notable pure-play cosmetics manufacturers like Estee Lauder, Shiseido, Avon Products and Revlon. The company also competes with cosmetics products f...
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Trading in penny stock CYNK Technology stock was halted because of an "extraordinary event," according to the OTC Bulletin Board.
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As World Cup fever spread, the usually sober investment banks-turned-pundits offered their predictions. Here's how well they did.
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This post is adapted from my talk to SF Pension Trustees In 2010, at Cancun, the world's nations set 3.5 degrees F as the permissible increase in global temperature to 2050. Beyond that was catastrophe. Since Cancun, the dangers of clima...
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Two Sigma Enhanced Compass, part of its Compass strategy that manages $5 billion, has returned 26.64% this year through the end of June, according to an investment report reviewed by Forbes. It is one of the top-performing hedge funds th...
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CVS Caremark opened its 35th MinuteClinic in Pennsylvania but its first in York County, earlier this week. The CVS MinuteClinic joins in a range of walk-in clinics that are offered in York County, including WellSpan’s ReadyCare, MedExpre...
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Yingli Green Energy is China's largest solar panel manufacturer by volumes. Although the company has seen its volumes soar over the last few years, driven by burgeoning demand for solar panels worldwide, it remains one of the few tier-1 ...
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You might recall a couple of years ago that a very indignant Huawei (along with ZTE) was running around insisting that while they were indeed Chinese companies the idea that there were security backdoors written into their products was r...
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Over 50 investors setting up business in Khalifa Industrial Zone Abu Dhabi
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The practice of insider trading has fallen significantly in the U.K. since the global financial crash, according to the City watchdog.
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The Affordable Care Act, signed into law by President Barack Obama on March 23 2010, offers growth opportunity for companies like ADP and Paychex. The Employer Shared Responsibility provision of the ACA is of primary importance to these ...
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In 1963, Nancy Andreasen was the first female tenure-tracked English professor at the University of Iowa. Soon after, her first book about the poet John Donne was accepted by a publisher. Her career was off to a smashing start, but she h...
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Would a new BRICS bank really rival the World Bank?
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Qualcomm retained its lead position, accounting for 66% of the $4.7 billion (2.5% annual growth) global cellular baseband processor market, in Q1 2014. With a 15% and 5% market share, MediaTek and Spectrum Communications occupied the sec...
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You’ve heard that baby boomers, as well as Generations X and Y, are behind on their retirement savings, right? These demographics are regularly bludgeoned in the media and by the financial industry’s marketing machine for their negligenc...
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In the first of this two-part series, we discussed the amazing amount of leverage you can gain — even in the case of an apparently floundering retirement scenario — by moving from a higher cost-of-living area to a lower one. I fully rec...
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One unhappy lesson we’ve learned in recent years is that economics is a far more political subject than we liked to imagine. Well, duh, you may say.
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LONDON (Reuters) - U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would include the sale of some brands to Britain's Imperial Tobacco Group Plc , the companies sa...
