Economy

Facebook Study & Experiment: Users Upset After Researchers Alter News Feeds Without Permission

Several Internet users are outraged following the reveal of Facebook's secret mood manipulation experiment it conducted in early 2012.

Google Executives Meet With Independent Cuban Newspaper Creator Yoani Sánchez, Promote Free Internet in Communist Cuba

On Friday, Google executives, including executive chairman Eric Schmidt, visited Yoani Sánchez, an award-winning blogger and the creator of 14ymedio, Cuba's first independently owned newspaper in five decades.

United Flight 1463 Emergency Landing: Plane Reroutes After Slide Inflates in Cabin; Passengers React on Twitter

A United Airlines flight headed to Southern California from Chicago was forced to land in Kansas on Sunday after an emergency slide inflated inside the cabin.

California Legalizes Bitcoin: Governor Jerry Brown Signs Bill Into Law, Applies to Other Alternative Currencies

Governor signs bill that clears away state-level roadblocks to alternative currencies. Californians can now use bitcoin -- or any other alternative currencies -- in official transactions, after Gov.

Stocks Close Higher, Analysts Suggest Bull Market: Company Stocks Info From Nike, Microsoft and More

Dow ticks up slightly, and Nike rises after quarterly results beat expectations. Stocks ended the week in positive territory, eliminating the weekly loss for the Dow Jones industrial average thanks in part to Nike reporting better-than-expected quarterly results.

Amazon Online Shopping: How Far Will Amazon Go? From Kindle Fire to Fire Phone and Groceries, Founder Talks Company Plans

Amazon continues to grow larger and faster, but how big will the company get? The online retailer's growth has been at an exceptional pace within the last 20 years, making some people excited but others nervous.

AT&T Sells Stake in America Movil to Carlos Slim for Merger With DirecTV

AT&T has agreed to sell its holdings in Mexican telecommunications company América Móvil to Carlos Slim's holding company Inmobiliaria Carso in a move that sets up the Dallas-based wireless operator to acquire DirecTV.

iPhone 5s vs. iPhone 5c Price, Specs & Update: Wal-Mart Reduces Cost of Phone; Apple Lowers Price of iPod Touch

Latest iPhone slashed in price by Wal-Mart To encourage buyers to upgrade their devices before Apple announces new products, Wal-Mart and Apple are slashing prices on iPhones and iPods.

China News: Simon & Schuster Blame Chinese Publishers' Fear of Government for 'Effective' Banning of Memoir by Possible 2016 Presidential Candidate Hillary Clinton

Hillary Clinton's memoir, "Hard Choices," is not available in China because Chinese publishers have put an "effective ban" on it, Simon & Schuster executives said.

Mercedes, Infiniti to Build Cars in Mexico

Luxury automakers have agreed to build cars in plant near Guadalajara. Daimler and Nissan on Thursday completed a joint venture deal to build Mercedes and Infiniti cars in Mexico, sources close to the deal have told Reuters.

Sprint CEO Says Merger With T-Mobile Beneficial to Customers

A merger between Sprint and T-Mobile would benefit customers, Sprint Chief Executive Officer Dan Hesse recently said in an interview with CNET, by providing a stronger third competitor that can provide coverage options different from AT&T or Verizon.

U.S. Official Puts Pressure on High-Frequency Trading With Barclays Suit

The U.S. took its first stab at high-frequency trading, in the form of a civil suit from the New York attorney general.

US Consumer Spending Increases in May: Hispanics’ Trillion-Dollar Spending Power, Interest Identified as Jobless Rates Falls

Consumer spending in the United States improved in May, but the figures are considered "weak."

Alibaba IPO: Chinese Internet Giant Will Trade on NYSE Under 'BABA'

Alibaba, the Chinese Internet commerce giant coming to U.S. markets soon in the form of an initial public offering, just unveiled which exchange the much-anticipated stock will trade on. The New York Stock Exchange won the big name in yet another step toward a huge IPO.

GM Vehicle Recall: Car Manufacturer Set to Recall 33,000 Chevy Cruze Cars, Airbag Issue Cited

Takata airbags are blamed for another recall. General Motors is set to recall 33,000 Chevy Cruze cars from the model years of 2013-2014 because of potentially defective airbags.

FIFA World Cup 2014: Pharrell, Roberto Cavalli, and Missoni Redesign World Cup Soccer Balls for Charity

Highly acclaimed designers Pharrell Williams, Roberto Cavalli, Missoni, and Rick Owens have redesigned the official soccer balls from FIFA World Cup 2014 to raise money for a good cause.

T-Mobile and Sprint Offer Customers Test Drives

Following in T-Mobile's footsteps, Sprint announced earlier this week that it would also be offering a 30-day trial period for customers to try out its faster network, highlighting the aggressive mentality of the underdogs in the U.S. wireless industry.

Massachusetts Gov. Patrick Signs Minimum Wage Increase Into Law

By 2017, the state's minimum wage will be $11 per hour, the highest in any state. IKEA, meanwhile, raises its average base wage.

IKEA to Increase Minimum Wage for U.S. Workers

The company's average wage in the U.S. expected to be $3.51 higher than federal minimum IKEA is the latest retailer to up its company-wide minimum wage for U.

Google Glass Updates: New Stylish Design Offered by Net-A-Porter, More RAM in Future

Google Glass will be built into stylish Net-A-Porter eyewear. Google is making some improvements and updates to its Google Glass eyewear, including more RAM, easier photography and introducing a third party eyewear company to include Google Glass in their product offerings.
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