Obama says wages are growing. They’re not
The usual trend is that as more Americans get jobs, wages rise. So far, that’s not happening. Even the most recent data available for the fourth quarter of 2014 shows…
Category: Business
Mark Hoffman: Discussion On Cybersecurity Is ‘Evolving’ Thanks To The Sony Hack
CNBC President Mark Hoffman spoke with HuffPost Live at Davos Wednesday about the “evolving” discussion on cybersecurity, saying the recent Sony hacking further propelled the issue into the global conversation….
Microsoft to unveil Windows 10
No more Internet Explorersorta. Microsoft is expected to introduce a new, stripped down browser that has been codenamed “Spartan.” The new browser will ship with Windows 10, and it will…
Heath insurers are stock market darlings thanks to Obamacare
Simply put, greater access to health insurance has led to more customers for the insurance giants. And UnitedHealth is not the only company to benefit. The other four members of…
Rosario Perez Explains Why Economic Gender Equality Is So Important
Rosario Perez, chief executive officer of the women’s development organization Pro Mujer, spoke to HuffPost Live at Davos about the importance of economic gender equality. Perez said the issue is…
When will Charlie Hebdo publish again?
Over the weekend the magazine’s top editor, Gerard Biard, said on NBC’s “Meet the Press” that some of the surviving staff members are still hospitalized in critical condition. – Chicago…
Obamacare website sends your data to private companies
But this doesn’t explain why these companies see your data in the first place. Federal health officials did not provide additional comment to CNNMoney on Wednesday morning. – Chicago Mercantile…
Microsoft’s Mark Penn, A Former Clinton Adviser, Weighs In On 2016
Mark Penn, executive vice president and chief strategy officer at Microsoft, weighed in on the 2016 U.S. presidential election during an interview with HuffPost Live at Davos on Wednesday. Penn,…
Change.org Founder Ben Rattray Explains ‘False Divide’ Between Activists And ‘Clicktivists’
Ben Rattray, the founder of Change.org, spoke with HuffPost Live at Davos about the “false divide” between what he called “clicktivists” — people who engage in activist causes “on their…
The Mooch: Deflation ‘Death Star’ firing lasers at the economy
“Erm, that’s kind of dramatic,” responded Harvard economic professor Ken Rogoff, trying to calm things down. But his words were hard to hear over the delighted laughter of the Davos…
Felix Salmon: The U.S.’s ‘Rather Crazy’ Tax Policy ‘Doesn’t Make Any Sense At All’
Financial journalist Felix Salmon weighed in on the U.S.’s “rather crazy tax policy” during an interview with HuffPost Live at the 2015 World Economic Forum, saying it “doesn’t make any…
Toy story: What toy sales tell us about China’s future
John Liu, the Marketing Director of Zenit, a Chinese company that sells high-quality wooden toys, said that he first realized two years ago that there was a strong opportunity to…
30% of U.S. shale industry may vanish — Ross Perot Jr.
Perot’s comments come as a growing number of oil companies announce cuts to jobs, production and investment. BHP Billiton (BBL) announced Wednesday it was cutting its U.S. onshore rig operations…
Fox’s Bill O’Reilly calls possible lawsuit from Paris ‘ridiculous’
O’Reilly accused Hidalgo of “playing to the left” and added, “The suit’s going nowhere. It’s ridiculous.” On Tuesday Hidalgo told CNN’s Christiane Amanpour that Fox News had “insulted” her city…
Macau: China’s gambling mecca desperately needs to diversify
More than 80% of government revenue comes directly from the casinos. When the industry booms and tax revenue jumps, residentsmost of whom are employed in the businessreceive payouts from the…
Driving a jet-powered Corvette
Both cars were perfectly legal to drive on public roads, but the Chrysler, of which 55 were built, felt absolutely ordinary compared to the one-and-only Jet Vette. While the Chrysler…
Billionaires battle for the Internet in space
Whoever owns the skies has the opportunity to be the telecom operator of the future, creating a network in space akin to what AT&T (T, Tech30) made by laying down…
NBC to offer free online streaming of Super Bowl
Related: NFL earns record profits despite ugly image NFL football is the most popular programming on television, with the Super Bowl regularly the most viewed show of the year in…
World Economic Forum 2015: Live Updates From Davos
The World Economic Forum, commonly referred to as the Davos Annual Meeting, is kicking off today in Switzerland. Inequality, climate change and sustainable development are just a few of the…
Hackers tweet ‘I am not Charlie’ from French newspaper account
– Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
This year’s State of the Union was Obama’s lowest-rated yet
White House officials sought to make the speech “go viral” by promoting policy proposal “spoilers” days ahead of time; by having Obama encourage tune-in through YouTube, Facebook and Twitter; and…
Oil tycoon Harold Hamm sells company for $3 billion
Related: Winners and losers of oil’s plunge – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Jay Leno wades into Cosby controversy
However, instead of being edited, Buress’ act went viral, leading to the public getting its news without any filter. “Because somebody just filmed it and put it out there, you’re…
India to overtake China as world’s fastest growing large economy
Related: Why Paul Krugman is scared of China Even if it posts a faster growth rate, India will not approach China in terms of raw economic power. – Chicago Mercantile…
Oil’s influence on stocks is ‘not normal’
Since the beginning of this year, that correlation has jumped to 60% or even higher. On some three-day stretches it has even hit 90%. That’s because when prices of some…
EBay cuts 7% of workforce
Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved.
Jindal’s PAC takes on ‘liberal media’ in fight over ‘no-go zones’
Related: Paris mayor says she will sue Fox News The idea of “no-go zones” reached a fever pitch on Fox News following this month’s terrorist attacks in Paris. – Factset:…
Time to get your Starbucks (stock) again?
The departure story: Alstead was just promoted last January to COO from Chief Financial Officer, and became responsible for the company’s daily business. His departure comes right after Starbucks had…
Microsoft’s insane holographic vision of the future
In one scene, a woman wearing HoloLens needs help fixing her leaking sink. A man in another city sitting in front of a tablet sees what she is seeing, makes…
Tax preparers prepare to give bad Obamacare news
To get ready, Smith and her team have been training for months, running through a range of hypothetical scenarios. One features “Ray” and “Vicky,” a fictional couple from an H&R…