Economy

Celebrity Tax Havens: The Guardian Publishes List of Famous People Avoiding Taxes

Mel Gibson has been revealed as one of these celebrities. Note: The following story contained information from the Guardian which incorrectly named Placido Domingo among the list of stars accused of avoiding paying their taxes.

Volkswagen Stops VW Golf: Models Halted Due to Steering Issue

About 800 new cars will be taken off the market. The newest Volkswagen Golf will have to wait to be sold. That's because the company is telling dealers to stop selling the 2015 Golf and Golf GTI because of a newly discovered issue with the car's steering.

Univision World Cup: Spanish-Language Chanel Beats ESPN & ABC but Future Remains Uncertain in Media Market

The company is a large standalone Spanish-speaking media outlet but has been in talks for a sale to large English-speaking companies. It's biggest competitor, Telemundo, is backed by media giant Comcast. In hopes of beating ESPN and ABC in World Cup coverage, the company spent half a million on new technology to beat broadcast times of the other two-- it succeeded. The move comes at a time when the future is uncertain and the station may need the success to attract a sale.

Sprint and T-Mobile Merger: SoftBank Reaches Skeletal Agreement

A merger between wireless carriers Sprint and T-Mobile seems to be picking up steam, as Sprint parent company SoftBank Corp. has reportedly reached a skeletal agreement with T-Mobile parent Deutsche Telekom AG for the acquisition.

New Cyber Security Bill Passed: Is This Is The End For Internet Users?

What does this new Cyber Bill really mean? The Senate Intelligence Committee voted 12-3 Tuesday to send a new cybersecurity bill to the full Senate, but the bill could strip average people's privacy rights as they share information over the digital highway.

Amazon Shipping News: Seattle Company Requests FAA Approval for Commercial Drone Use as Part of Prime Air

Amazon has requested permission from the Federal Aviation Administration to continue forward with its plan to use drones to deliver packages to customers in less than 30 minutes.

Poaching in Africa: Armed Gangs in Kenya Kill Rhinos to Profit from Horns

Armed gangs killed four rhinoceroses Wednesday in Kenya, selling their horns for profit in illegal markets.

Netflix Careers: Streaming Company Is Hiring Someone to Binge Watch Their Programming

Why is Netflix' paying someone to binge watch their programming? Netflix has revolutionized the entertainment viewing industry with its online streaming of movies and TV shows, and the results of that are that users can access them anywhere: from their computers, tablets, smartphones, and other electronic devices.

Ukraine Crisis Reaches England, UK: Britain Bans Russia From Farnborough International Air Show

Many Russian delegation members were denied visas by the British Foreign Office. The Ukraine crisis has reached southern England and has led to tension between Russia and the United Kingdom.

Trump Plaza, Atlantic City: Casino Expected to Be the Next to Close

Over 1,000 employees will receive notice that the casino is expected to close. Trump Plaza could be the next casino to close in Atlantic City as the area continues to struggle.

Dish Network Blasts Comcast and Time Warner Merger

As lawmakers ready themselves to take a long, hard look at a merger between Comcast and Time Warner Cable, satellite TV provider Dish Network has come out saying the entire deal should be denied.

Amazon & Drones: Company Asks Regulators for Permission to Test Delivery Drones [Video]

Amazon.com Inc. has asked U.S. regulators for permission to fly their delivery drones for testing near Seattle.

Prostitution in Silicon Valley on the Rise as Tech Industry Booms

As the technology industry in the Bay Area continues to grow, making more computer and tech savvy programmers rich, so too does Silicon Valley's sex workers.

LULAC 2014: Google for Nonprofits Offers Organizations Free, Enhanced Apps Access and $10,000 Ad Grant

Google has been working on improving efficiency in nonprofit organizations with its Google for Nonprofits program. At the League of United Latin American Citizens (LULAC) annual national convention, Google's Public Policy Analyst Jennifer Bernal discussed Google for Nonprofits and the kinds of services the company offers besides its search engine.

Facebook Jobs, Internships, Salary & Incentives 2014: As Silicon Valley Competes for Younger Workers, High School Recruits Are Making $75K a Year

Too good to be true? Talented young people can now make real money despite not working an actual full-time job as Silicon Valley companies compete for their technical abilities and to get them as interns.

Six Flags Roller Coaster 2014: Injured 'Ninja' Passengers File Lawsuit Against Magic Mountain

Two people who were riding the Ninja roller coaster at Six Flags Magic Mountain when a fallen tree branch derailed it Monday filed a lawsuit against the Southern California amusement park Wednesday after they allegedly suffered head injuries in connection with the incident.

MacBook Pro vs. MacBook Air Comparison: Is a New MacBook Pro Release Coming?

Delays with Intel processors could delay improved MacBook Pro A 2014 MacBook Pro could come out this September and the Apple App Store may have even accidentally put out a teaser suggesting the release of the latest laptop.

PCs Grow in 2014 and Tablets To Bounce Back Next Year, Say Analysts

Tablet shipments should take a hit this year while PCs get more love, but all that will change in 2015, says a Gartner report.

US Unemployment Claims Fall to Pre-Recession Levels

Drop in claims possibly points to a strengthening labor market In the first week of July, initial claims for unemployment benefits in the U. S. fell to the third-lowest level this year, and could signal an improving labor market, according to a report from the Wall Street Journal.

FIFA World Cup 2014 Makes Airbnb 'Brazil's Largest Hospitality Company', Spurs Favela Gentrification

The World Cup 2014 hasn't been great for Brazil -- in many ways. But with so many visitors flooding into the country, and an internet-savvy Latin American population, hospitality has become a big force for change in the last month in Brazil, particularly for small-time room rental through the popular lodging app Airbnb.
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