Economy

Katie Couric Will Be Yahoo's New TV Global Anchor: Marissa Mayer Behind New Shows, 'World 3.0' and 'Now I Get It'

What will Couric's new entertainment venture be about besides news? How will this benefit Yahoo! in the long run?

Time Warner Merger, Comcast X1 Cable Service Brings Faster Internet Speeds: Plan Will Upgrade $99 Triple Play Package in NYC, LA Markets

Once merger is complete with Time Warner, Comcast wants to make X1 available. Comcast is aiming to deliver its advanced X1 cable service to New York and Los Angeles in an attempt to build a strong presence on the East and West coasts.

If 'The Matrix' Movie Trilogy Had Immortal Nazis: Warner Bros, Wachowski Brothers Sued by Thomas Althouse, Says He Wrote It First

In the trial, the plaintiff Thomas Althouse claimed that Warner Bros. stole his story idea about immortal Nazi hunters.

Mini HTC M8 Version Leaked Photo, Rumors & Specs on Twitter: Android 4.4.2 M7 Successor Release Date Coming Soon

The HTC One (M8) mini won't be released until later this year, but already, much like its larger, regular version the M8, the rumor mill is in full swing.

China to Surpass United States as World's Largest Economy: World Bank International Comparison Program Report Uses Purchasing Power Parity

Data can be unreliable or incomplete when it comes to China The World Bank reported that China may surpass the U. S. as having the largest economy in the world this year, estimates a new report by the World Bank's International Comparison Program.

Warren Buffett 'Oracle of Omaha' Berkshire Hathaway Annual Meeting 2014 Recap: Wall Street Punishments, Missing Growth Targets, and Coke

Buffet's investing approach is widely renowned Warren Buffett, a well-known and respected investment guru and billionaire, also called the "Oracle of Omaha," spoke for hours to approximately 40,000 shareholders of his company during the recent Berkshire Hathaway Annual Meeting held at the CenturyLink Center, in Omaha, Nebraska.

White House Correspondents Dinner 2014 Video, Guests & Recap: Watch on C-SPAN as President, Entertainers Poke Fun at Republicans, Affordable Care Act

The annual event is sponsored by WHCA The 2014 White House Correspondents Dinner, held on Saturday, May 3, was fondly called a "nerd prom" by some attendees.

Dolce and Gabbana are Going to Jail: Italian Fashion Designers Got Lessened Sentence for Tax Evasion

Italian fashion icons and designing duo Dolce and Gabbana got some unflattering news this week: They both were charged with tax evasion.

EU Announces Beginning of Brussels-Havana Talks: Raul Castro's Economic Reform Creates Opportunities; Human Rights Record a Stumbling Block

Havana and Brussels successfully finished the first round of talks that would normalize their relations. The next meeting is in two months.

Federal Minimum Wage Increase Blocked by Republicans: President Barack Obama Urges Americans to 'Get Fired Up'

The Republicans blocked a bill on Wednesday that could have increased the minimum wage. President Barack Obama and Democrats are furious, but Republicans are holding firm.

Google Glass Rumored to Hit Mass Market at $600 Price: Solar Power, External Batteries Used to Recharge Device

The apps easily drain the limited battery life Google Glass, among the most wearable and the most iconic new gadgets hitting the market in the near future, is expected to be released later this year.

Net Neutrality: Netflix Goes Directly to the FCC as Google, Yahoo, and Others May Launch a SOPA-Style Protest

In the wake of leaks about new, weaker, Open Internet rules proposed by the Federal Communications Commission, and soon after Netflix had to pay two internet service providers for better access to their customers, Netflix has taken its concerns directly to the FCC. Meanwhile, Google, Yahoo, and other internet heavies may be planning a SOPA-like grassroots protest for net neutrality.

US Unemployment Rate Drops for Latinos

Last month, the U.S. saw its unemployment rate drop to its lowest level since before the recession in 2008 as it went down from 6.7 percent in March to 6.3 percent.

Gwyneth Paltrow Opens 'Super Classy Yard Sale' at GOOP: Beyonce, Miranda Kerr, Nicole Richie Donating to Spring Cleaning

She is all ready for spring cleaning - Gwyneth Paltrow announces the second annual Goop closet sale on Thursday (May 1).

Apple's New Headphones Track Heart Rate and Blood Pressure Leak: iOS 8 Will Add Fitness App Like Samsung Galaxy S5

Reputable leak says the new headphones will be smarter than ever before. There's been plenty of speculation about the newest iPhone and its features, but what about the headphones that come with the device? According to a reliable leak website, Secret, Apple's newest headphones will allow users to track their heart rate and blood pressure.

Kentucky Derby Sells Special Edition 'High-Roller' Mint Julips for $2000: Famous Drink Proceeds Benefit Thoroughbred Retirement Center

Only 10 $2,000 Mint Juleps offered. If you want to order a mint julep at the Kentucky Derby at Churchill Downs, you'll have many choices on the price you have to pay.

Sports Business: LA Clipper's Donald Sterling Situation Parallels Cincy Reds Marge Schott & MLS Chivas USA Oustings

As the National Basketball Association (NBA) prepares to fast-track the removal of Los Angeles Clippers owner Donald Sterling, in what could be a long legal battle, let's take a look back at previous oustings of sports owners Marge Schott of Major League Baseball's (MLB) Cincinnati Reds and Jorge Vergara of Major League Soccer's (MLS) Chivas USA.

T-Mobile Tops Verizon Wireless, AT&T, Sprint in Postpaid Subscribers Additions in 1Q of 2014

Verizon Communications posted its first quarter results for 2014, and the telecommunications company encountered its first loss in 15 quarters.

Apple vs. Samsung Patent Lawsuit Verdict: Samsung Guilty of Infringement, Apple Awarded $119 Million

Following three days of deliberations, the second patent infringement trial between Apple Inc. and Samsung Electronics Co. has finally reached a verdict.

IMF Latin America Economic Outlook for Dominican Republic, Central America: Growth Dependent on US Demand

The International Monetary Fund (IMF) identified economic activity across Central America and the Dominican Republic has weakened.
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