Disney names potential successor to CEO Iger
Naming Staggs as COO would seemingly make him Iger’s heir apparent. A lot can happen between now and 2018, especially considering that Iger was set to retire next year until…
Category: Business
Coming soon: More Twitter in your Google
Shares popped this week after Twitter announced plans to start syndicating promoted tweets on popular magazine app Flipboard. The stock has gained nearly 15% so far this year, but is…
Brian Williams the latest in a string of NBC blunders
October 9, 2014: Dr. Nancy Snyderman: Who could forget NBC’s chief medical editorwho violated her voluntary quarantine last year after returning from Ebola-stricken West Africa? – Most stock quote data…
Ferguson police explores ‘less lethal’ gun attachment
Ferguson, along with law enforcement agencies around the country, are under a lot of pressure to consider less lethal force. – Most stock quote data provided by BATS. Market indices…
4 bad things Internet companies can’t do anymore — if the FCC gets its way
Your phone carrier can’t block tethering apps, which turn your phone into an Internet hotspot for your laptop or tablet. AT&T (T, Tech30), Sprint (S), T-Mobile (TMUS) and Verizon (VZ,…
China to Crack Down on Tax Collection From Multinational Companies
HONG KONG — China’s tax officials plan to step up efforts to collect taxes from multinational corporation in the latest of a series of moves in the last year, mostly…
Whiskey-Swilling Women Are Killing Vodka Sales
Move over, vodka. Whiskey is having better luck with the ladies these days. Sales of vodka have dropped in the last two years after a decade of dominance, according to…
Colorado’s Pot Revenue Is So High The State May Give Residents Money Back
Colorado’s marijuana experiment was designed to raise revenue for the state and its schools, but a state law may put some of the tax money directly into residents’ pockets, causing…
Why Does Hellmann’s Mayonnaise Taste Different From How It Used To?
Hellmann’s Real Mayonnaise has been smeared in the news lately, thanks to a lawsuit filed by its parent company, Unilever, against fledgling vegan “mayo” purveyor Hampton Creek. The case rested…
Uber Can’t Really Prove That It’s Caused A Reduction In Drunk Driving Accidents
Last week Uber revealed another way the ridesharing service is revolutionizing travel: Cities that use Uber see a reduction in drunk driving accidents among young people, a company report showed. …
Staples to Buy Office Depot for $6.3 Billion
The agreement to combine the two companies comes after months of pressure from Starboard Value, a hedge fund that had threatened to press a management change at Staples if it…
Staples Buys Office Depot For $6 Billion
The rapidly changing tools of the work place and the way we shop has led to another major consolidation in the retail office supply business as Staples announced the $6…
Toyota to pay $11.4 million in fatal Camry crash
Lee and his family were not harmed in the accident. In 2008, Lee was sentenced to eight years in prison for criminally negligent homicide. – Most stock quote data provided…
FCC chairman: Here’s how I want to regulate the Internet
This addresses a real problem. For example, Verizon blocked Google Wallet back in 2011. Verizon also blocked the PayPal app’s fingerprint authorization this year. But some things are still unclear….
Strong dollar winners: All-American stocks
So who are some of these companies with almost all their eggs in a stars and stripes basket? They are in a wide range of industries. Here’s a sampling of…
Breyers ice cream going artificial growth hormone-free
Related: Cow farmers get high-tech tracking app – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by…
Toyota Profit Gets Lift From Favorable Exchange Rates
TOKYO — Buoyed by a growing American car market and the most favorable exchange rates in decades, Toyota Motor is closing in on its most profitable year ever, the automaker’s…
China Moves to Free Up Money in Its Economy
HONG KONG — China’s central bank announced on Wednesday evening that it had reduced the share of assets that commercial banks must hold as reserves, freeing them to lend more…
AT&T: We’re going to sue the government
AT&T warns that the FCC’s attempt to regulate broadband more heavily won’t work for two reasons. First, it says the FCC can’t view Internet providers as telecom-like utilities, because the…
Citi: The oil (and gas) plunge isn’t over yet
That thinking could be weighing on sentiment among oil traders on Wednesday. In late morning trading crude was down 5% to $50.27 a barrel. Related: How the oil boom changed…
Insurance giant Anthem hit by massive data breach
Records have also been stolen from Neiman Marcus, JPMorgan Chase (JPM), Experian, eBay (EBAY, Tech30) and Home Depot (HD). – Most stock quote data provided by BATS. Market indices are…
Billionaire Saudi prince unloads most of his stake in News Corp
He said the reduction of Kingdom Holding Company’s stake in News Corp. was “decided in the context of a general portfolio review.” Most stock quote data provided by BATS. Market…
Where the super rich are buying homes
London is the second most popular city for wealthy real estate buyers, and finance is also the top profession. Most foreign buyers in London come from India. – Most stock…
Yum’s China fiasco shows danger of food scandals
The company is facing another problem: In a bid to gain greater traction in China, the company acquired local hot pot chain Little Sheep in 2012, but those restaurants have…
Sony Gets Some Good News on Earnings
HONG KONG — After a rough few months, Sony got some relief Wednesday as net profit almost doubled analysts’ expectations and the company reduced its loss projections for the year….
The ‘Game of Thrones’ banquet you’re invited to
Related: Learn to speak ‘Game of Thrones’ – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by…
A swarm of drones that just wants to help
“The aim of the Drones for Good competition is to find positive ways to use drones to improve the lives of people around the world,” said Saif Al Aleeli, the…
How the oil boom has changed the face of North Dakota
Related: Oil boomtown: ‘We could see 20,000 layoffs by June’ – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which…
Uber Tries to Ease South Korean Concerns
SEOUL, South Korea — Uber, the ride-hailing service, said on Wednesday that it was asking the South Korean government to register Uber drivers so that it could overcome legal challenges…
Fly business class to London for 50% less
Other upstarts have tried to grab a slice of the lucrative transatlantic business travel market before. Three all-business operatorsEos Airlines, MAXjet and Sliverjethad all collapsed by 2008. A fourth, L’Avion…