Nickelodeon to launch direct-to-consumer service
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Category: Business
The growing poverty problem in America’s schools
The divide is also clear in international educational measures. American children who go to schools with fewer than 10% of students eligible for subsidized lunch score close to the top…
Royal Dutch Shell Posts Rise in Earnings Despite Lower Oil Prices
LONDON — Royal Dutch Shell said on Thursday that earnings in the fourth quarter of 2014 rose as improved performance in marketing and refining offset the effects of lower oil…
Greece: Putin’s new ally in Europe?
The two countries have established trade ties. Almost 13% of Greek imports came from Russia in 2013, according to the IMF. Greece’s share of Russian imports is much less significant….
Oil giant Royal Dutch Shell cuts spending by $15 billion
BHP Billiton (BBL) announced this month it was cutting its U.S. onshore rig operations by about 40% this year. Schlumberger (SLB) recently announced plans to lay off 9,000 workers. –…
Ford promises bounce back year
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Chris Messina: Why I choose non-monogamy
Personally, I’m in a monogamish relationship. We’re committed to each other, but have a porous boundary around our relationship, meaning we’ve agreed that it’s OK for either of us to…
Close Sesame! Alibaba plunges as sales miss
Even though Alibaba’s earnings report clearly disappointed Wall Street, Jack Ma’s company has made a big splash with investors since its blockbuster initial public offering in September. – Chicago Mercantile…
Deutsche Bank Posts Fourth Quarter Profit, Beating Predictions for a Loss
The quarterly net profit, which also reflected a lower tax bill, was better than expectations. Analysts polled by Reuters had forecast a loss for the latest quarter. Deutsche Bank had…
Shake Shack set to shake up Wall Street
Expanding … but not too quickly. The company currently operates just 63 restaurants worldwidebut 16 of them are in the metropolitan New York City area. And Shake Shack has already…
Comcast Apologizes After Changing Customer’s Name To ‘Asshole Brown’
A Comcast customer received a shocking bill recently, and it wasn’t the dollar amount that stood out. It was the name on the bill, which someone at the company had…
6 Workplace Time-Sinks You Need To Eliminate Immediately
Whether you’re working a dream job, or even a “meh, it’s fine” job, rocking your career feels great. How good does it feel to strut into a meeting, knowing you…
The Bible proves to be a big seller for Newsweek
He said the number of copies sold compared with the number of copies distributed on the news stand has been an “astounding” 40% thus far. That’s “more than double the…
Visa loves the fees and announces a stock split
Overall, the company solidly beat Wall Street expectations for revenues and earnings per share. Experts often use Visa, MasterCard (MA) and American Express (AXP) financial reports as a rough gauge…
Amazon stock soars after earnings beat
Amazon is no stranger to red ink. It routinely posts quarterly losses or declining profits despite generating billions of dollars in sales. The company’s strategy is to make long-term investments…
Google’s ad revenue continues to struggle
Related: Google Fiber expands to four more cities – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
‘Shark Week’ becomes ‘Summer of the Shark’
(The young Lesniak actually helped to get a law passed last year that banned the possession and sale of shark fins in Massachusetts.) – Chicago Mercantile Association: Certain market data…
Feds take down revenge porn king
He also solicited nude photos from women on Craigslist under false pretenses. – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors….
The cost of doing business in China: Spying
By giving up source code to the Chinese government, companies like Apple (AAPL, Tech30) and Microsoft give up their highly guarded blueprints, revealing weaknesses that could give hackers a road…
Beware promises of ‘outlandish’ and inflated tax refunds, IRS warns
Related: IRS warns of shady tax preparers stealing refunds and identities – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All…
Only 1% black CEOs at 500 biggest companies
Corporate America’s diversity problems are well-documented. Silicon Valley has been roundly criticized for being mainly white and male, and data show Wall Street hires mostly white and male bankers. Corporate…
Oil crash: ‘Drill, baby, drill’ loses momentum
“Whenever prices crashand this is a once-in-a-generation crashyou’ll see the rig counts drop,” said Tom Kloza, chief oil analyst at the Oil Price Information Service. To be clear, U.S. oil…
After Alibaba Spinoff, Yahoo May Become a Takeover Target
Its $39 billion stake in the Alibaba Group, the Chinese e-commerce behemoth — accounting for about 85 percent of the market value of Yahoo — has obscured both the weakness…
Tim Cook’s Apple is hot. But can it keep going?
Too much iPhone reliance. Apple is hugely reliant on the iPhonethe iPhone accounts for 69% of Apple’s revenue. That’s a potential problem, because smartphone sales are slowing in most of…
McDonald’s CEO Don Thompson Steps Down
McDonald’s CEO Don Thompson will step down later this year, the fast food chain announced Wednesday. Steve Easterbrook, currently the company’s chief brand officer, will take over as president and…
What Makes Bill Gates Feel ‘Stupid’
Bill Gates’ big regret in life isn’t Clippy. Or Microsoft’s failed MP3 player, the Zune. Or Comic Sans. – A 2009 poll from employment agency Korn/Ferry International found that 31…
Fed Says It Will Be Patient in Raising Interest Rates, Citing ‘Solid’ Growth
WASHINGTON — In its most upbeat economic assessment since the recession, the Federal Reserve cited “solid” economic growth and “strong” job growth in a statement issued Wednesday that suggested the…
Fed Upgrades The Economy, But Will Be ‘Patient’ Raising Rates
WASHINGTON, Jan 28 (Reuters) – The Federal Reserve on Wednesday said the U.S. economy was expanding “at a solid pace” as it largely looked through weakness overseas in a signal…
One In 5 American Kids Are On Food Stamps
Here’s more evidence that the economic recovery isn’t benefitting the people who need it most: One in 5 American kids got food stamps in 2014, up from 1 in 8…
UPS Driver Caught Tossing Box, Urinating On House
A UPS driver has been fired after a Houston homeowner posted security video that shows the delivery man throwing a parcel over a gate and urinating against a house. –…