Business

4.6 million customers affected in Scottrade cyberattack, identity protection offered

Retail brokerage Scottrade has revealed that cyber-hackers attacked its network between late 2013 to early 2014 and that the names and street addresses of...

United Airlines CEO Oscar Munoz vows to improve customer and employee experience

This has not been the best of times for United Airlines, and its merger with Continental has not proved much useful – something United...

General Motors to deploy Apple Watch app that locks or unlocks cars

Based in Detroit, Michigan, General Motors has announced plans to soon deploy an Apple Watch app that could lock and unlock cars remotely; and...

Sprint cuts overhead costs of $2.5 billion & 31,000 employees to lose jobs

Sprint has finalized plans to cut overheads of about $2.5 billion, and to this end, about 31,000 employees may likely lose their jobs within...

New economic data vindicates the Fed for still waiting to raise rates

It is true that most economists and market analysts believe the US economy has stabilized enough in the face of lower jobless rates and...

JC Penney reports a loss in Q2 2015, but not all news is bad

JC Penney might have reported a loss in the second quarter of 2015, but don’t let that news disappoint you if you’re a serious...

Tax Holiday arrives to shoppers and retailers delight in 12 states

Sales tax is something that many people are used to. It has been around for years, and it typically is always going up. Whether...

Cablevision announces Q2 results, ‘sky not falling’ yet says CEO

It is safe to say at this point that any company like Cablevision, Time Warner, or Comcast all have their work cut out for...
Marijuana

Pot industry hits another roadblock in Colorado, credit union sues banking regulators

The pot industry has hit a roadblock. Perhaps one of the most interesting and simultaneously frustrating topics for those within the pot industry has...

Uber receives bizarre funding from Microsoft, now valued at over $50B

Uber has received another round of funding. This time it came from Microsoft and while it might seem like a strange marriage of investment,...

U.S. paychecks struggle, but should we be surprised?

The latest report on U.S. paychecks offers a grim insight as to how bad the economy remains. While Wall Street might see significant and...

Pearson wants OUT of The Economist to focus on education

Pearson wants out of The Economist. That is the news the struck hard in the media and business world this weekend, as the pace...

U.S. home sales isn’t clean bill of health for economy

U.S. home sales are rising. In fact, June was one of the best months in the last decade for the housing market as a...

China’s corporate debt is a major issue for its economy

China’s corporate debt pile is a problem. It is massive and it is growing. Currently, it shows no signs of slowing, yet the economy...

Homejoy fails but on-demand industry will SURVIVE with Google’s help

Homejoy has failed but that doesn’t say much about the on-demand industry as a whole. That is what many experts are saying about the...

Greece can abandon the Euro, but economic woes will continue

Let it be clear that Greece is in trouble. There is no mistaking it and there is certainly no doubting it. Yet, there continues...

Coal Miners challenged by evolving industry

Coal miners are bracing for more challenges in the coming years. Even right now, things stand as uncertain as they ever have been, according...

Boeing will take a hit of $536M after taxes on US KC-46A tanker development

When Boeing took on the KC-46A they probably did not anticipate the problems that would be coming with it as they put it into...

US Housing with 26.6% & Building permits 30% Y-O-Y are at their 8 year...

It has been a long time since the housing outlook here in the U.S. was a truly positive one, but right now building permits...

Amazon Prime Day draws competition from Walmart and other retailers

Amazon Prime Day is here but many customers are still trying to figure out what that means for them. Today comes down to a...

California gas prices could exceed $4.50 in months

The California gas situation is getting bleak, as experts believe that the price of a gallon of gas will quickly be passing $4 per...

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