Premarkets: 4 things to know before the open
U.S. stock futures are relatively steady and European markets are dipping only slightly. “[A] Grexit now would, in our view, be less financially risky for the remaining eurozone members than…
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Brazil’s scandalous boom to bust story
“Brazil was in a better place five years ago.” It missed the moment to improve its economy, says Paulo Sotero, director of the Brazil Institute at the Wilson Center in…
Luxury New York apartment accepts ‘poor door’ applications
The low-income renters will have street views, a community room and bike storage. The rentals are not equipped with dishwashers or washer/dryers, but there is a laundry room in the…
Walmart ups pay well above minimum wage
President Obama has proposed raising the federal minimum wage to $10.10 an hour, but Republicans in Congress have so far blocked those efforts. But many states have gone ahead and…
Germany rejects Greece’s debt extension request
But its lenders, led by Germany, have demanded Greece stick to the terms. The extension request is due to be debated by eurozone finance ministers at a meeting in Brussels…
New fonts, new features for The New York Times Magazine
The changes were previewed at a shimmering party at the Rainbow Room atop Rockefeller Center on Wednesday night. Times Magazine publisher Andy Wright called it “the most influential magazine in…
Apple accused of stealing employees from battery maker
Related: Top hedge fund dumps Apple A123 claims that Apple has so far poached five high-tech PhD and engineering employees. All but one of those employees left A123 and began…
Stocks: Robert Shiller is buying Europe
In fact, he’s betting on Italy and Spain by investing in indexes that track those country’s stock markets. Related: Clock ticking, Greece may ask for more time – Related: 7…
Uber looks to bank an additional $1 billion
“It feels more like Uber’s history of wanting to not just beat the competition but leave it in an alley for dead,” said Hamadeh. – Most stock quote data provided…
The secret to ABC’s diverse lineup
It’s not just ABC. Fox’s “Empire,” starring Terrence Howard and Taraji P. Henson, is a runaway hit. For his part, Lee is understandably thrilled with the results, especially in light…
A-Rod: Best paid pariah in the history of sports?
It’s unclear what kind of playing time he will get given that the Yankees have already announced another player, Chase Headley, will be their every day third baseman, the position…
Whites have 12 times the wealth of blacks, 10 times that of Hispanics
And the earnings gap between the races makes it harder for blacks and Hispanics to save. The wealth gap, in dollar terms, only increases over time because of all these…
Apple said to be redesigning stores
Related: Five things Steve Jobs said Apple would never do, but is doing now – Most stock quote data provided by BATS. Market indices are shown in real time, except…
Rolls-Royce is making an SUV
Properly speaking, Rolls-Royce, itself, is not calling the vehicle it intends to produce an SUV. Instead, Rolls-Royce has said it will offer its customers a “go anywhere vehicle.” While Rolls-Royce…
Amazon isn’t happy with FAA’s proposed drone rules
Current FAA rules bar commercial drone flights, although about two dozen exemptions have been approved. CNN is among those pursuing news uses for drones though a partnership with the Georgia…
Alibaba’s Jack Ma: 2014 was nothing special
It is true that Alibaba faces a tough path following its IPO, with greater scrutiny from investors and regulators. The company posted lower-than-expected sales in its most recent quarter. And…
Shopping for luxury brands? Here’s how to spot a fake
“You have to know what the item is before you know if it’s real,” said Graham Wetzbarger, the director of authentication and brand compliance at The RealReal, a luxury consignment…
You’ll never believe these dating services
A dating site for the unconventionally attractive, Ugly Schmucks lets you search other unfortunate-looking people for freebut to send and receive messages, you need a subscription (as low as $8.33…
United Airlines doesn’t back off suit against 22-year-old, even though Orbitz drops it
Orbitz (OWW), which is being purchased for $1.6 billion by Expedia (EXPE), said that as part of its settlement “Skiplagged will not redirect traffic to Orbitz.com and Orbitz Worldwide websites”…
Caterpillar CEO: China’s slowdown is a positive
“We have to be there,” he said. Related: Pollution is driving foreign execs out of China Oil pain hits Big Cat: Caterpillar is also grappling with the dramatic decline in…
Tim Cook: Privacy is a matter of ‘life and death’
So the FBI can still demand a password to the documents with a warrant. But it can’t secretly grab a key from Apple. The company doesn’t have one. Since then,…
Geico accused of discriminating against low-income drivers
But the Consumer Federation of California found that this policy was not being offered to some drivers in California who asked for quotes online. It charges that drivers who are…
Wedding dresses women want, backed by data
In July, Loverly started digging into this data for trends and discovered that crop tops were trending. That was reinforced during October’s Bridal Fashion Week, where Khalil said “a lot”…
Lester Holt, NBC’s marathon man
Holt is “the last guy to complain,” said an NBC source. The nonstop nature of Holt’s work once garnered him the nickname “Iron Pants.” Two sources confirmed the weekend anchoring…
Microsoft fixes a serious 15-year-old bug
An independent researcher, Jeff Schmidt of JAS Global Advisors in Chicago, discovered it while working on another project a year ago. He alerted Microsoft, and they worked together to fix…
Facebook now lets you post when you’re dead
From there, you can enter the name of a Facebook friend to take control of your page after you die. It will auto-generate a message to that friend: “Hi ___,…
Bob Simon was killed Wednesday in a car crash: His last story will air Sunday
“He was working with his daughter, Tanya, a ’60 Minutes’ producer with whom he collaborated on several stories for the program,” CBS said. – Most stock quote data provided by…
Greece and Europe miles apart as crisis talks start
The impasse threatens to cut off the lifeline keeping Greek banks afloat later this month, and could ultimately force Greece to abandon the euro. Analysts say the chances of a…
Why is Rand Paul campaigning to ‘audit the Fed’?
It could have a real impact on Main Street since interest rates effect everything from mortgage and car loan rates to how much interest people earn on money they put…
With Jon Stewart’s exit, late-night wars shift online
The importance of the digital audience has made networks realize just how important it is to own their late night programming, rather than renting it from a production company. –…