This Map Reveals Just How Unequal The So-Called Recovery Is
In his State of the Union address last week, President Barack Obama cheered rising wages. What he didn’t mention is that much of the income gained since the recession has…
Category: Business
IBM disputes report of 112,000 layoffs
IBM analysts are skeptical of the report too. “I don’t know if the report’s right or wrong, but I believe it’s very likely a gross exaggeration,” said Frank Gens, chief…
4 stocks popping thanks to Snowmageddon
Finally, Compass Minerals (CMP), a maker of salts sold to businesses and consumers to help de-ice highways, streets and sidewalks, rose about 1%. Let is snow? Now should long–term investors…
Elon Musk stars on The Simpsons
Related: Billionaires battle for the Internet in space Still, Musk convinces money-hungry business titan Montgomery Burns to build some of his electric-powered dreams. But that leads to a $50 million…
Blizzard of 2015: Winners and losers
–Hardware stores and gas stations: Nothing sells shovels like a snowstorm. There’s also a spike in interest for ice scrapers, sand, salt, snow blowers and gas to run them. This…
Middle Class Shrinks Further as More Fall Out Instead of Climbing Up
The middle class that President Obama identified in his State of the Union speech last week as the foundation of the American economy has been shrinking for almost half a…
This money manager hates Carl Icahn
Related: Icahn is battling the workers’ union of the Taj Mahal casino But Scherrer said his firm first invested in eBay because it believed it is better off with PayPal….
Best dividend stocks to buy now
Vector also offers a unique opportunity because of its stake in New York City real-estate giant Douglas Elliman. With the New York real-estate market performing extremely well, Vector has clearly…
Barbie-maker Mattel CEO out as sales falter
Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Hashtag #money. The business of the pound sign
Anyone can use the platform’s basic features for freebut businesses can pay for services like embedding a Tagboard page on their site or using more than one hashtags. The startup…
Syriza won, so what’s next for Greece?
3) Restructure debt: Here’s where the battle really begins. Greece’s new guard wants austerity measures such as tax hikes and government spending cuts to be revised. But the country’s international…
Euro Weakens and Stocks Fall in Asia After Election in Greece
PARIS — Financial markets on Monday took in stride the result of Greek parliamentary elections, which handed a decisive victory to the left-wing Syriza party a day earlier. Syriza and…
This Chinese brand is worth more than Alibaba
Related: Jack Ma: Alibaba is still a baby Millward Brown, owned by WPP (WPPGY), said that more competition can be expected between Tencent, Alibaba and Baidu (BIDU, Tech30) — China’s…
Aer Lingus Considering Revised Takeover Approach From British Airways Parent
Aer Lingus, an Irish carrier, had previously rejected two recent takeover offers from the International Consolidated Airlines Group, the first of which came in mid-December. In its latest bid, International Consolidated…
Europe plays it tough with Greece
“We believe it is important, that the new government put measures in place that will continue Greece’s economic recovery. That also means that Greece must abide the rules it has…
No, you can’t fly drones over the White House
These restrictions do have some merit. A relatively small drone can carry a few pounds at a time. And if it’s loaded up with just one pound of, say, C-4…
U.S.-based Bitcoin exchange set to open
San Francisco-based Coinbase, which opened in June of 2012, has until now solely been a platform where merchants and their customers can conduct transactions using bitcoins. – Chicago Mercantile Association:…
Disney launches ‘Frozen’ cruise
Disney said that evening dances on the pool deck will be “followed by fun just for adults in the nightclub featuring dance performances and frozen specialty drinks.” – Chicago Mercantile…
To avoid Sony’s fate, companies play war games
“What this is at its heart is a critical decision-making game,” said Craig Stronberg, a consultant at the firm who designed the game. Related: Obamacare site tells marketers you smoke…
Malaysia Airlines Website Hacked By Lizard Squad
Malaysia Airlines officials were struggling Monday to restore the embattled carrier’s website after it was hacked by a group proclaiming support for Islamic State group. – Malaysia Airlines said in…
NFL (officially) comes to YouTube
The NFL is one of TV’s most reliable and massive hits. With a lot of TV content shifting to digital platforms, it only makes sense to give the league’s highlights…
How to skip the pre-blizzard frenzy in stores
The list of most requested items for New Yorkers include: Water Flashlights Snow boots and snow pants Pet food Candles Alcohol Prescriptions Mac chargers – Factset: FactSet Research Systems Inc….
Microsoft sales soar, thanks to its non-Windows products
–Xbox won the holiday season, beating the Sony (SNE) PlayStation 4. Microsoft sold 6.6 million Xbox Ones, which is more than it sold a year ago. But Xbox revenue was…
Legal Marijuana Is The Fastest-Growing Industry In The U.S.: Report
Legal marijuana is the fastest-growing industry in the United States and if the trend toward legalization spreads to all 50 states, marijuana could become larger than the organic food industry,…
Ex-employee of Fox-owned station commits suicide outside 21st Century Fox HQ
Perea did not work at Fox News Channel. But he invoked the cable news channel’s name in online complaints. Perea had posted a long list of YouTube videos titled “American…
U.S. deficit to ‘hold steady’ until 2018, then start growing
Related: The global economy’s sink or swim moment – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Exclusive: Amazon’s script for making movies
He said Amazon would like to begin streaming its own original movies on Amazon Prime Instant Video later this year. But the release strategy will really ramp up next year,…
Blizzard doesn’t stop Wall Street trading, yet
Related: What you need to know if you’re traveling – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Apple Pay won’t add to Apple’s profit
Related: Apple Pay is a win for (smart) retailers Yet with Apple taking just 0.15% of every Apple transaction, all that love and goodwill isn’t going to add anything significant…
S&P cuts Russia’s credit rating to junk
The nation’s currency has plunged to all-time lows, raising concerns that it is headed for a full-blown financial crisis. It’s lost over 40% of its value against the U.S. dollar….