Economy

Bank of America shares to rise 50 percent in three years: Barron's

Bank of America Corp , the second-largest U.S. bank by total assets, could see its shares climb 50 percent over the next three years, Barron's financial newspaper said on Sunday.

SoftBank estimates $4.6 billion gain from Alibaba listing

Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade.

National Latino Media Council's Diversity Report Rates TV Networks 'Mediocre'

The annual review considers eight categories of Latino inclusion, and the diversity performance of the nation's television networks -- ABC, CBS, FOX and NBC -- during the 2013-2014 season and assigns "Good," "Mediocre" and "Bad" ratings based on who's working in the industry.

Pabst Blue Ribbon Sold to Russian Company: Hipster Beer 'PBR' Purchased by Oasis Beverages

Pabst Brewing Co. was acquired for an undisclosed amount in a fast-growing sector of the craft beer industry.

Alibaba IPO Stock & Shares Update: Trade Opens Higher Than Expected Despite Delay

Despite delay, trading opened higher than expected Chinese e-commerce titan Alibaba had its initial public offering debut delayed for two hours on Friday because of an imbalance of orders over the much-hyped IPO.

Latinos and Healthcare Insurance: Challenges for Largest Uninsured Minority Group Ahead of Obamacare Second Enrollment Period

The second open enrollment period for the Affordable Care Act's Federal Marketplace is scheduled to reopen in two months, and health care agencies have been learning how to decrease the rate of uninsured Latinos.

Minecraft News & Updates 2014: Minecraft ‘Should' Be Released on PS Vita Despite Microsoft Buyout

Unclear if Vita version of Minecraft will be released after Microsoft purchase With Microsoft in the closing stages of a $2. 5 billion deal to buy Minecraft developer Mojang, gamers are reasonably wondering what to make of the future of Minecraft on non-Microsoft platforms.

Portada 2014 Forum on Hispanic Advertising and Media Provides Brand Marketers, Agencies Further Understanding of Latinos' Habits

A leading source of news and analysis on Latin marketing and media presented a two-day conference on the growing influence of Latinos' in business, media and programming.

Toyota Recall 2014: 20,000 Vehicles Affected By Fuel Leaks

Toyota Motor Corp. announced on Thursday it will be recalling about 20,000 cars due to possible fuel leaks.

US Housing Starts & Market News 2014: Building Permits Drop in August

July data was revised to make that month more positive The number of building permits and housing starts in the U. S. dropped sharply in August, falling short of economists' already tempered expectations.

DirecTV Leads Off Internet TV Race with Univision's YaVeo Latino Content

Latino audiences might lead the way towards TV over the Internet. It looks like next year will finally bring over-the-top (OTT) television programming, often simply called Internet TV.

Driverless Cars Already? Audi Becomes First to Get Permits to Test Self-Driving Cars in California

More than 200,000 self-driving vehicles expected on roads by 2025 California drivers soon may be sharing the road with more than just human drivers. Imagine seeing an Audi A7 on autopilot.

Trump Hints at Saving two Atlantic City Casinos on Twitter

Could Trump resurrect the dying casinos? A tweet sent Tuesday morning by Donald Trump suggests that he may be trying to help save two casinos in Atlantic City that he hasn't managed for years from dying.

Apple iPhone 6 and iPhone 6 Plus Pre-Orders Set Records and Long Waiting Times

It looks like Apple's iPhone 6 and iPhone 6 Plus have lived up to their hype, as Apple announced Monday that the two new iPhones hit a new record for first-day pre-orders. Bad news? Some customers will have to wait thanks to the large volume.

AT&T Promises Higher Speeds with DirecTV as Lawmakers Look into Merger

AT&T made its case for acquiring DirecTV at the recent Goldman Sachs' Communacopia conference Friday, saying that it will be able to offer the kind of speeds the FCC is looking for.

Latina-Founded SheRides Women-Only Taxi Service Meets Greater Demand Than Expected During Launch

The first ever ride matching service started by a Latina, Stella Mateo, launched its website on Tuesday.

iOS 8 Release Date, Beta, Apps & Features: Apple's New Operating System to Debut This Week?

Apple to release new operating system ahead of iPhone 6 For those of you not due for a mobile upgrade -- and not willing to shell out hundreds for the new iPhone 6 -- but want the latest Apple software, the time is nigh.

Coca-Cola Brings Back SURGE: Facebook Movement Convinces Coke to Revive '90s Citrus Soda for Sale on Amazon

Designed to compete with Pepsi's Mountain Dew, Surge will be available exclusively from Amazon.

Nail Salons Uninspected, Exposing Workers and Customers to Toxic Fumes

The ubiquitous and popular mani-pedi has salons competing for customers in over 2,000 licensed nail salons in New York City. But many of the salons, according to a new report, are often uninspected, and often toxic for workers and customers.

Net Neutrality FCC: Three Million People Comment on Proposed Rule Changes

FCC deadline for the public comment period on its proposed change to the open internet have received 3 million responses so far. The rules would create a two tier system for fast and slow users; a prospect that open internet advocates argue would be detrimental on many levels.
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