Economy

Amazon and Hachette Publishing Dispute: Stephen King, Suzanne Collins and Over 800 Famous Authors Take Out Ad Against Online Retailer

A large group of bestselling authors purchased a full-page advertisement in The New York Times to bring attention to the ongoing dispute between e-commerce site Amazon and publishing house Hachette Book Group.

Environmental Issues and Climate Change Important to Minority Voters

A new report published by Green For All showed that a majority of minority voters (70 percent) stated that they were more likely to support candidates willing to increase resources to challenge environmental issues over candidates who reject such efforts.

Comic Book Sales: On the Rise, Both in Print and Digitally

What has attributed to this sales increase of the the graphic novels? Marvel and DC Comics are leading the way in comic books with Spider-man and Batman respectively, and also some lesser known comic book publishers are helping to boost sales in print and digital downloads.

Social Media: Sites You Have Probably Never Heard of but Should

Social media sites such as, About.Me, among others, their names are not memorable, but what they can offer perhaps might stick with you.

Netflix Surpasses HBO in Subscriber Revenue: Streaming Service for Movies, TV Shows Still Trails in Profits

The online television and movie streaming service Netflix has passed premium cable network HBO in subscription revenue, according to Netflix CEO Reed Hastings.

Best-Performing Markets: Investors Should Keep Their Eyes on India, Experts Say

India is the best performing market this year and the country is setting a pace that won't slow

LinkedIn: Online Professional Business Giant Paid Out $6 Million in Overtime Pay Violation

$6 million payout for back wages and damages are going to 359 current and former LinkedIn employees.

McDonald's Sales: Worst Month in Over 10 Years

Food safety concerns were a factor in bad month for McDonald's McDonald's had their worst month in sales since March 2003, mostly because of food safety concerns in Asia and several problems in the United States, the company said Friday.

Sprint and T-Mobile Merger Dies as Bolivian Marcelo Claure Named New CEO

Sprint has a new champion leading its Kansas-based wireless service, and he is 6-foot-6 from south of the border. The No. 3 wireless carrier in the United States not only dropped its bid for T-Mobile earlier this week, it replaced its CEO with a Bolivian billionaire.

Over 250,000 People Sign up for Unemployment, but Overall Numbers Continue to Fall

The number of unemployment claims filed during the week ending August 2 was 289,000 according the U.S. Labor Department on Thursday. The numbers represent a fall of 14,000 against the previous week's claim of 303,000.

Comcast Ups the Charm Offensive During TWC Merger Review

Well, it may not reach the level of "charm," but Comcast is certainly trying to improve the generally offensive reputation it has built over the years, just as the federal government is reviewing its proposed merger with Time Warner Cable.

Wealth Gap Increases but Poll Finds Latinos Positive About Their Standard of Living

The Standard and Poor's rating agency said in a new report that the wealth gap in the United States continues to grow, and it is affecting the country's economic growth.

How Google and Barnes & Noble Are Planing to Defeat Amazon

Amazon has been ahead of the competition but BN and Google are hoping to catch up. Google and Barnes & Noble announced a new service that threatens to undercut the famous undercutter of online book sales, Amazon, by offering free same-day service for subscribers.

Group of Senegalese Women Found Tech Hub for Women

Senegal is earning the most from interenet biz and four women came together to take a part in that, with a focus on increasing the number of women in the work force. The global average is 30% women in IT, but Senegal only has 14%.

Obama Approval Rating Hits New Low: 4 in 10 Americans Approve Handling of Economy and 'Dissatisfied' with Immigrations Crisis

A majority of Americans believe the country is heading towards the wrong direction, and President Barack Obama's approval rating dropped to new lows.

Bicultural, Stylish & Young: Upscale Latinos are Big Spenders, Better Planners, Healthier and Love Pets

Young with large families, stylish and bicultural, upscale Latinos are more likely to belong to dual income earning households. They're more likely to devise a plan for family finances, pay off debt, plan for a brighter tomorrow and own pets.

Latinos 'Deeply Impacted' by Recession But Remain Optimistic About 'American Dream'

The Latino unemployment rate is 7.8 percent in the U.S., based on July's report from the Department of Labor, but despite the rate's increase, Latinos remain optimistic about their economic future.

Experts Divided Over Robotic Future & Impact on Jobs, But Agree on Need to Overhaul Education — Pew

Pew released an opt-in survey of technology and policy experts showing little consensus over what the next decade of artificial intelligence and robotics might offer. The need to overhaul the educational system to meet the needs of the next economy, however, was the one factor the experts agreed on.

Sprint Withdraws Offer to Buy T-Mobile: Softbank Retracts Bid for Deutsche Telekom Carrier Amid Regulation, Competition

Acquisition stopped for now According to the Wall Street Journal, Sprint, which is owned by Softbank, has changed its mind about buying the fourth largest wireless carrier in the United States for as much as $40 billion.

Americanizados and Hispanos Lead the Growth of Hispanic-Owned Businesses and Self-Employment

Latino entrepreneurs now claim a fifth of the U.S. market. And the 3.1 million Hispanic-owned businesses will contribute at least $468 billion to the U.S. economy this year.
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