NFL earns record profits despite ugly image
NBC, which is broadcasting the Super Bowl on Feb. 1, is charging a record $4.5 million for a 30 second spot on the big game and is almost sold out…
Category: Business
Davos: The new (grim) global context
Russia’s economy was already looking shaky after the West imposed sanctions over Moscow’s annexation of Crimea and its support for separatist rebels in eastern Ukraine. Related: All you need to…
Facebook claims it created 4.5 million jobs
The study argues that Facebook has created a new line of workers that didn’t exist before: social media managers. Those 189,000 people (according to Deloitte) are responsible for promoting a…
Big box office for ‘American Sniper’ boosts book sales
The book has had a presence on the bestseller lists for several weeks already, due to the movie’s limited release in theaters last month along with a marketing campaign by…
Cash for passports: How much it costs to buy a visa
Experts advising on investor permits for Ireland, Malta and Bulgaria also reported steady interest from Russia last year. During the same period, an influx of Chinese applicants exhausted U.S. supplies…
Premarkets: 6 things to know before the open
Related: CNNMoney’s Tech30 – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
SpaceX gets $1 billion from Google and Fidelity
A number of companies have been doing this for decades using large, school bus-size satellites that float high above the Earth. SpaceX is trying a different take, with lots of…
Opinion: Don’t just write a check! Get involved
The news shocked people around the world. Pope Francis urged action. My wife and I decided to answer the call. Rather than write a check and leave it at that,…
Netflix gains 4.3 million subscribers in 4th quarter
Its investors letter included this surprise: that Sony’s controversial comedy “The Interview” will be available for streaming in the U.S. and Canada on Saturday. The company’s earnings come just a…
How much Obama would raise the capital gains rate
That surtax, which went into effect in 2013, was one of the provisions to help pay for Obamacare. – Chicago Mercantile Association: Certain market data is the property of Chicago…
First diary of still-imprisoned Gitmo detainee hits shelves
Slahi finished his manuscript in 2006, but the document was originally deemed classified by the U.S. government. The American Civil Liberties Union helped get a redacted version of the manuscript…
T-Mobile customers: Enjoy it while it lasts
Those promotions have cost the company a lot of money. T-Mobile’s capital expenses are expected to have grown by $400 million last year after growing by $1.3 billion in 2013the…
More oil jobs are disappearing: Baker Hughes cuts 7K jobs
The cost cutting may not end there either. Baker Hughes, which recently agreed to be acquired by rival Halliburton (HAL), is reviewing its operations for potential facility closures as well….
Why Paul Krugman is scared of China
China has moved tens of millions of workers from rural to urban areas, where they are more productive. But even more labor is needed. “China has been so successful at…
New Facebook feature flags fake news
“I prefer allowing Internet users to have access to everything available without filtering (save for material deliberately intended to be harmful, such as scam- or malware- related posts) and let…
You’re probably overpaying for financial advice
Related: The Average American Gets This Much From Social Security. How Do You Compare? Homebuyers probably shop around to get the best deal on dishwashers for their new home. That…
Your next bank teller could be a robot
NAO can also analyze visitors’ facial expressions and tone of voice, data the bank plans to use when designing new financial services. – Chicago Mercantile Association: Certain market data is…
Is Sony’s ‘The Interview’ about to break even? It’s made $40 million on-demand and $6 million in theaters
Significant is right. This time last month, both the film and Sony were under attack from cyber-criminals who threatened violence against movie-goers if “The Interview” — a comedy about an…
MSNBC guest won’t apologize for remark about Jindal
After his speech on Monday, Jindal’s decision to invoke “no-go zones” was scrutinized by political analysts; some concluded that he is trying to position himself for the upcoming Republican presidential…
Republican debates: Media winners and losers
NBCUniversal hosted a total of four debates during the 2012 cycle. Two aired on MSNBC, although they weren’t moderated by MSNBC personalities. This cycle, NBC has two — one to…
Declining Population Could Reduce Global Economic Growth By 40 Percent
Declining population growth that shrinks the pool of available labor over the next 50 years will reduce by 40% the rate of growth in global economic output for the world’s…
Davos creates air traffic jam from private jets
Zurich airport authorities have reserved roughly 60 parking spots exclusively for Davos-related jet traffic, but it hasn’t been enough. All the spots were booked well in advance. For the first…
New York City condo sells for record $100,471,452.77
According to real estate website StreetEasy, there are currently 10 active sales in the building: a three-bedroom, four-bathroom residency is listed for just under $39 million, while a five-bedroom, 5,475…
China stocks plummet after margin trade crackdown
Margin accounts allow consumers to buy stocks with money borrowed from their brokerage, and can yield huge returns. They are also very risky, especially for inexperienced retail investors. Citic said…
Apple’s MLK Day honors stir controversy
“There is no greater way to celebrate [King’s] legacy than to serve the communities where we live and work,” wrote Denise Young Smith, head human resources at Apple, in a…
RadioShack’s big Super Bowl ad bet goes bust
“Our Super Bowl ad promised a new and improved RadioShack. And one of the keys to any successful rebranding effort is ensuring that there is consistency between the brand messaging…
Microsoft patents theater mode for your phone
But the key feature is that it would be automatic. It would go into this mode if your phone’s GPS detects you’re at the location of a movie theater. Or…
Richest 1 Percent To Own More Than Half Of The World’s Wealth By 2016, Oxfam Finds
The rich keep getting richer, and by next year, just a handful of the upper-class will have accumulated more than half of the world’s wealth. A new report released on…
5 things Steve Jobs said Apple would never do
“God gave us 10 styluses. Let’s not invent another,” Jobs said about the project, according to Walter Isaacson’s biography. Yet Ming-Chi Kuo of KGI Securities said the widely expected 12.9-inch…
IMF: The world economy is worse off than we thought
“New factors supporting growthlower oil prices, but also depreciation of euro and yenare more than offset by persistent negative forces,” said IMF chief economist Olivier Blanchard. – Chicago Mercantile Association:…