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….
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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…
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…
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…
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.
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…
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…
LA police chief claims Google’s traffic app endangers cops
CNNMoney asked the LAPD chief why the location of uniformed officers and marked police vehicles should remain secret, but he hasn’t yet responded. At the heart of the issue, though,…
Wall Street bears warn: We’re on verge of crisis
Related: One dollar could soon equal one euro Consider that Microsoft (MSFT, Tech30) reported solid earnings Tuesday, but its shares dropped as much as 10% because it’s forecasting weaker sales…
7 things you’re doing on vacation that scream tourist
Showing too much bling. Most Europeans wear simple gold or silver wedding bands, according to Scott. “A lot of expensive jewelry or a diamond wedding ring is going to peg…
Apple has mind-boggling $178 billion in cash to spend
Those are just a few ways Cook could get rid of that cash. He could also buy either Visa (V) or MasterCard (MA) (not even Apple could afford both) to…
What did the Northeast snowstorm cost?
Canceled flights alone cost the economy an estimated $230 million, according to the U.S. Travel Association. Other costs won’t be tallied for several months. Many homeowners, for example, don’t notice…
Karl Rove: I don’t hate poor people. I ‘came from nothing.’
“It bothers me that statistically the greatest predictor of a child’s financial security in the United States is the financial circumstances of their parents,” said Carville, a former CNN contributor….
Samsung needs to reinvent itself (again)
In response, Samsung is working to pare down its crowded smartphone lineup. It’s also making a major move into India to capture more of the low-cost phone market. Related: Apple…
74.5 million iPhones is …
… 34,000 iPhones sold every hour, every day, every week of the past three months. That’s nine iPhones every second. … more than the total number of televisions and tablets…
Ford recalls Interceptor police cars
Related: Ford recalls cars to fix ‘improper’ recall – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Why neon is taking over the world
Sports uniform makers have gotten the message. Nike (NKE) redesigned the Super-Bowl-bound Seattle Seahawks’ uniforms in 2012 to include neon green highlights and trim. Nike also designed the highlighter-like Australian…
African-American viewership propelling prime time TV hits like ‘Empire’
And a new comedy on ABC, “Black-ish,” is fourth on the list, with 24%. “Empire,” “Murder” and “Black-ish” are widely regarded as 3 of the biggest successes of the 2014-2015…
Coming soon: An American ‘Black Mirror?’
“Black Mirror” has been a cult favorite in Britain ever since it debuted in December 2011. Only seven episodes have been producedtwo sets of three episodes each, and one Christmas…
Days before kickoff, NBC sells out of Super Bowl ad space
On a conference call with reporters, Winter said the late afternoon pre-show and the post-show are sold out too. (Spots at those hours don’t sell for $4.5 million apiece, but…
Why U.S. oil production is booming under Obama’s watch
“This nation’s energy renaissance has been totally dependent on private investment on private land,” said Andy Radford. a senior policy advisor with the American Petroleum Institute. Critics of the Obama…
Millions to owe Obamacare tax penalty
Some three-quarters of the nation’s 150 million taxpayers have health insurance through their jobs or government programs and will simply have to check a box on the Form 1040. Another…
Senator Rand Paul goes after Fed…again
So far, Paul’s bill has 30 co-sponsors while Massie’s has 103. The Fed is already subject to regular audits by the GAO, but proponents of “Audit the Fed” bill want…
China crackdown makes it harder to get around the Great Firewall
Related: The Great Firewall of China is nearly complete Winger Chen, who owns a food and beverage consulting company in China, has always “felt some frustration with [spotty connectivity],” but…
Bill Gates: ‘I feel pretty stupid that I don’t know any foreign languages’
Related: Bill Gates’ next target is mobile banking – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Fed stays ‘patient’ but rate hikes are coming
The yield on the 10-Year Treasury bond dipped as well, a sign that many investors around the globe are still attracted to the safety of American debt. (Yields fall when…
China vows to end gold medal obsession
To improve in international competition, the state constructed a centralized athletics program similar to those of the Soviet Union and East Germany. Critics complained about the cost, but the system…