Economy

21st Century Fox Withdraws Bid for Time Warner Inc: CEO Rupert Murdoch Offers Investors Stock Share Buyback Instead

No deal After the trading closed on Tuesday, 21st Century Fox announced the withdrawal of its bid for Time Warner Inc. as the company bought back its stock worth $6 billion.

Apple and Samsung Agree to End Foreign Lawsuits Over Technology Patents

Battle still rages in the U.S. Apple and Samsung have been waging war over technology patents during the last few years, each claiming the other is stealing ideas.

Buy School Supplies List & Stores Online 2014: Top 5 Back to School Deals and Steals

Get ready for back to school 2014 Whether you're heading back to high school, college, or sending a kid off to elementary or middle school, you're going to need some school supplies.

US Pharmaceutical Industry Heavily Dependent on Immigrant Labor

A new study, conducted by the Institute for Immigration Research at George Mason University, found that the pharmaceutical industry is very dependent on immigrant labor across many job titles.

BoriquaChicks.com Founders Talk Puerto Rican Cuisine and Afro-Latina Identity

An early introduction to rich flavors inspired Raquel Dailey-Parham to open the Puerto Rican restaurant Maracas in the heart of Chicago's south side Bronzeville neighborhood, an area that's predominately African American, but not before she and her sister, Rebecca Dailey-Wooley, launched Boriquachicks.com.

Android 4.0 Device Apps 2014: TouchPico Can Transform a Wall Into an 80-Inch Touchscreen Display

TouchPico devices are expected to start shipping in October If toting an 80-inch touchscreen display and a car full of equipment sounds like a hassle, stop living in the past.

Cheap & Low Gas Prices 2014: Cost of Fuel Drops Significantly; Will the Trend Continue?

Production leaves increased supply and leads to lower prices Consumers have noticed cheaper gas prices lately and the average price for a gallon of gas in the U.

US-Africa Leaders Summit 2014: United States Commits to $14 billion Investment in Africa

In addition to some of the biggest corporations committing billions in investments in Africa, native African and popular artist Akon is doing his part to help the continent continue on its path to development.

FCC Condemns Sprint and T-Mobile Spectrum Coalition

Sprint and T-Mobile received another blow late last week as the Federal Communications Commission (FCC) made it clear that it would not be supportive of joint bids during next year's spectrum auction.

Rihanna Topless & Twitter: 'Diamonds' Singer to Launch New 'Rogue' Fragrance for Men

Rihanna reveals sexy, steamy photos from the latest ad campaign for her new cologne "Rogue Man."

Millennials Support Affordable Care Act, But One-Third Do Not Have Health Insurance, Risk Federal Penalty

Among the millennial generation, one of the top issues of concern is health care. When it comes to health care, the report noted that two-thirds of millennials surveyed have health insurance but a third do not.

Mexico to Get First Bullet Train in Latin America

Train could be up and running by 2017 Mexico will be getting Latin America's first high speed train, the government said. It will travel between Mexico City and Querétaro at a speed of 186 mph.

US Court Decides Argentina defaults, US Banks Consider Buying out Bondholders

Several banks are in discussions how to buy Argentina's bonds held by U.S. investors following the country's default last week after the federal court ruling by Judge Griesa.

Hispanic Millenials Spur Growth of Latino Media Market, Increase in Targeted Advertising Spending

Advertising Age, the leading source of analysis and news for the media and marketing community, published "Hispanic Fact Pack 2014," its an annual guide to Hispanic marketing and media. The report examines Hispanic viewership and technological trends, as well as market growth and marketer spending habits.

House Representatives Want More Independent Latino Channels After Comcast-Time Warner Cable Merger

Fifty-three House lawmakers wrote a letter to Comcast and Time Warner Cable asking the cable companies to offer more Latino-owned channels after their potential merger.

Airline Tickets & Flight Booking: US Roundtrip Airfare On the Rise in 2014

Airfare prices are outpacing inflation Despite a better economy and more travelers wanting to take domestic flights, average U. S. roundtrip airfare prices have risen by about $14 during the first six months of the year compared to that same period last year.

US Latino Unemployment Rate 7.8 Percent: Higher for Women than Men, Politicians Comment on July Labor Report

The U.S. Department of Labor revealed the overall unemployment rate increased to 6.2 percent for July, but the rate for Latinos remained at 7.8 percent.

PF Chang Data Breach Update 2014: Company Says Customers Were Affected at 33 Locations

Credit card, debit card numbers may have been stolen P. F. Chang's is continuing to investigate a data breach that affected customers in 33 of its restaurants in the U.

President Barack Obama Talks CEO Complaints on Economic Policies: 'I'm Not Concerned About How You're Living' [Listen]

President Barack Obama thinks chief executive officers' complaints about economic regulations should be taken lightly.

USDA's New Poultry Regulations Get Praise from National Council of La Raza: Hispanic Advocacy Group Against Speeding Up Production

On Thursday, the U.S. Department of Agriculture announced new safety food regulations for the poultry industry. Because of the high number of Latinos working in the business, the report has garnered praise from the National Council of La Raza.
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