Business News

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Michael Jordan joins billionaires' club

Michael Jordan is among the newest names on Forbes' annual list of the world's richest people. The basketball star made his fortune through endorsement deals and his ownership of the Charlotte Hornets NBA team.  More

PCs are dead. So says Wall Street. Again.

Microsoft, Intel and HP were hot stocks in 2014. But not this year. Even with the Nasdaq topping 5,000 again, these three companies with big ties to the old PC biz are not rallying.  More

Lumber Liquidators stock pummeled after '60 Minutes' probe

A report on CBS' '60 Minutes' revealed Chinese-manufactured laminate flooring sold by Lumber Liquidators contains high levels of the cancer-causing chemical formaldehyde.  More

Stratos wants to replace your wallet with its smart card

The Stratos Card is a new Bluetooth-connected device that wants to make all of your credit cards, debit cards, loyalty cards, and gift cards obsolete.  More

10 big dot-com flops

Remember Pets.com? The Nasdaq is roaring back towards its all-time high. Here are some of the biggest dot-com busts from the last time the Nasdaq topped 5,000.  More

Google is becoming a wireless carrier

Google will sell wireless service directly to customers, the company announced.  More

Advice from Warren Buffett that could make you rich

Be consistent, keep costs low - and have faith. It worked for Warren Buffett and it could work for you.  More

The Bill O'Reilly controversies: Where they stand

Bill O'Reilly has been faced with challenges to stories he has told about covering the Falklands War, investigating of the JFK assassination, and witnessing the murder of nuns in El Salvador.  More

Google+ is about to be broken up

Google+ is going to be broken up into Photos, Hangouts and Streams.  More

Kelly Osbourne quits E!'s 'Fashion Police'

After her colleague, Giuliana Rancic, made comments about actress Zendaya Coleman's dreads, Osbourne has left the show.  More

This tiny card will give your smartphone 200 GB of storage

SanDisk's 200 GB microSD card will give your smartphone pretty much all the storage it needs.  More

New Ikea furniture will charge your phone wirelessly

Ikea's Home Smart furniture will wirelessly charge your phone or tablet.  More

ISIS supporters threaten Twitter founder

A group claiming to have ties to ISIS has threatened Twitter employees and the company's founder, Jack Dorsey.  More

'House of Cards' fans that already finished season 3

These people say they've already finished watching all 13 episodes of the new season of 'House of Cards.'  More

Iran hacked an American casino, U.S. says

The top U.S. intelligence official says Iran hacked the casino giant Sands Las Vegas last year.  More

Too much Facebook leads to envy and depression

A recent study found that heavy Facebook users can experience envy, which can lead to depression.  More

Samsung unveils beautiful new Galaxy S6

Samsung has unveiled the latest versions of its flagship Galaxy smartphones.  More

Benmosche, controversial former AIG CEO, dies

Benmosche sparked controversy and criticism during his five years running AIG, but oversaw turnaround that resulted in taxpayer profit on bailout.  More

Identity theft tops list of consumer complaints

The top 5 consumer complaints have to do with identity theft, debt collectors, imposters, telephone companies and banks.  More

Marriage hurts a hedge fund manager more than divorce

The happiest day of a hedge fund manager's life is a sad day for his investors.  More

Get ready for lawsuits over net neutrality

The new FCC net neutrality rules are here. Now Comcast is threatening lawsuits and warning it'll stop investing in its own network.  More

Rick Perry: 'Unemployment rate is a sham'

Potential presidential candidate says that improvement in unemployment rate is due to millions of jobless not being counted.  More

You got hacked. Cybersecurity stocks soar

February was a fantastic month for the whole market. But cybersecurity stocks and the new HACK ETF were among the biggest winners thanks to more big data breaches and strong earnings reports.  More

Star Trek technology that we use today

With the death of Leonard Nimoy, the actor who played Star Trek's Spock, we remember his character's legacy: The technology we use every day.  More

UnitedHealth limits coverage for most common hysterectomies

UnitedHealth places sharp limits on coverage for laparoscopic or abdominal hysterectomies, following warnings from experts that it poses risks to patients.  More

This guy used a get-rich-quick scheme and got rich

Jet.com contest winner Eric Martin got 100,000 shares of the hot startup by signing up 8,000 people.  More

Zombie brands with a second life

Where you can still get an Ionic Breeze air freshener. The Sharper Image and five other bankrupt brands still walk among the living, sort of.  More

Cable news and social media go all in on #LlamaWatch

Two escaped llamas brought cable news and social media to a standstill on Thursday.  More

KFC tests edible coffee cups

KFC is testing 100% edible chocolate-lined coffee cups in the U.K.  More

Apple iPhone import ban sought by suit

Ericsson is trying to ban the iPhone and iPad as part of a patent lawsuit.  More

RadioShack to sell name with $20 million opening bid

The bankrupt company's name and trademarks will be sold separately from its thousands of physical stores.  More

Google allows porn on Blogger after backlash

Google says porn will continue to be allowed on Blogger after previously banning it.  More

Netflix hails net neutrality vote as 'win' for consumers

Netflix celebrates 3-2 vote by FCC in favor of new regulatory approach.  More

The New York Daily News exploring sale

One of New York's biggest newspapers may have a new owner soon.  More

ESPN writer rallies help in search for missing son

The son of ESPN.com writer Ivan Maisel has been missing since Sunday.  More

Now Starbucks is getting into TV and film

Starbucks' latest project involves a new media start-up that "will create and produce nonfiction, social-impact content," according to the new company's founder, award-winning journalist Rajiv Chandrasekaran.  More

The Bill O'Reilly controversies: Where they stand

Bill O'Reilly has been faced with challenges to stories he has told about covering the Falklands War, investigating of the JFK assassination, and witnessing the murder of nuns in El Salvador.  More

The world wastes $400 billion in food every year

Over $400 billion worth of food is wasted by consumers each year, according to a new report by a U.K. nonprofit organization called WRAP.  More

Wanna fly LaGuardia to L.A. direct? Someday maybe you can

Rule restricting flights to and from LaGuardia Airport to 1,500 miles may be lifted, allowing New York's cross-country travelers to avoid JFK and Newark.  More

Nothing stops Frank Underwood ... or Netflix

Netflix is one of the hottest stocks of the year. Can the momentum continue now that "House of Cards" is about to return?  More

What does net neutrality mean for you?

The FCC is about to set rules on net neutrality. This is a long fight that isn't over. And nothing's really happening.  More

From street child in China to Intel mentor

Shu-Ling Garver, once a homeless child in Shanghai, rose to one of the top engineers at Intel. Now her entrepreneurial mission is to get kids excited about engineering.  More

One of America's oldest malls is closing

The Northland Center outside of Detroit was one of the first shopping malls built in the 1950s.  More

Apple to host 'special' event on March 9

Apple is likely going to unveil more details about the Apple Watch at its special event on March 9.  More

T.J. Maxx to hike minimum wage for workers

TJX Companies, which owners T.J. Maxx, Marshall's and Home Goods, says workers will get $9 an hour later this year, and $10 an hour by 2016.  More

California plastic bag ban delayed

The nation's first state-wide ban on plastic bags has been shelved for the next 20 months after opponents in the plastics industry succeeded in putting the law to a referendum.  More

FCC adopts historic Internet rules

The FCC has begun a historic meeting on how it will attempt to regulate the Internet. It's all about net neutrality.  More

Bill O'Reilly forced to clarify remarks about murdered nuns

For the second time in as many days, Media Matters released a report on another "apparent fabrication" by Bill O'Reilly.  More

Google learns how to beat you at Atari video games

Google's deep-Q network computer algorithm was able to beat Atari video games like a human.  More

Jon Stewart scoffs at Bill O'Reilly controversy

"Daily Show" Stewart scoffs at Bill O'Reilly's "war zone" controversy.  More

Latest challenge for Bill O'Reilly: His JFK story

Just as Bill O'Reilly was trying to move on from a dispute over his war stories, the Fox News host suddenly has more questions to answer.  More

Lynch applies for "I won't get fined" trademark

The famously media-shy player filed a trademark application last week for the phrase "I'm just here so I won't get fined," his evasive answer to more than 20 media questions before Super Bowl XLIX.  More

Tipped workers in New York will get a raise

Waiters, bartenders and other tipped workers will be paid at least $7.50 an hour starting Dec. 31.  More

What does net neutrality mean for you?

The FCC is about to set rules on net neutrality. This is a long fight that isn't over. And nothing's really happening.  More

You want the best flight deal? Google it

Google Flights is the best tool to find the cheapest airfare.  More

The next debt ceiling crackup

Federal tax revenue has ticked up recently -- and that will give lawmakers more time before having to address the debt ceiling. But that extra time could put the debt ceiling decision smack up against the October 1 spending deadline.  More

Zdravstvuyte! Siri is learning Russian

Apple's voice-controlled virtual assistant Siri is learning Russian.  More

Consumer Reports' Top Picks - American cars are back

The magazine's favorite cars include three American models for the first time in years, thanks to a big boost from Tesla.  More

Apple ordered to pay $533 million in iTunes patent lawsuit

Apple lost an iTunes patent lawsuit and must pay $533 million in damages.  More

Only high-rollers get ringside seats for Mayweather-Pacquiao

The best seats for the big fight will be reserved for A-list stars and gamblers that have a $250,000 line of credit at MGM Grand.  More

Elizabeth Warren brings a new fight for the middle class

Senator Elizabeth Warren and a colleague announced they're launching the Middle Class Prosperity Project, which her office says will look at "how the nation's economic system has been rigged against the middle class over the past several decades."  More

Apple may give Genius Bar major overhaul

Apple will begin texting customers when their Genius Bar appointments are about to take place, according to 9to5Mac.  More

Greece's reform plan backed by creditors

Greece's creditors have approved a list of economic reforms drafted by the country's new government, allowing for a four-month extension of its financial lifeline.  More

How to make money with $1 slices

A pizza place in Philadelphia lets customers pay $1 to buy a slice for needy customers in the future. And their business is booming.  More

Cheap oil is crushing North Sea industry

Britain's North Sea oil industry is suffering its worst losses in four decades due to the price slump and rising production costs.  More

Trial turns spotlight on Silicon Valley gender issues

Ellen Pao is taking her former employer, renowned VC firm Kleiner Perkins Caufield & Byers, to court for sexual harassment. The trial begins this week.  More

Mayweather vs. Pacquiao: Biggest payday in sports

Floyd Mayweather and Manny Pacquiao are expected to split close to $200 million or more for their May 2 fight.  More

Pebble unveils new Pebble Time smartwatch

Pebble hopes to strike gold again with a second campaign on Kickstarter for the launch of its second generation Pebble Time smartwatch.  More

Regulator: United doesn't need to accept mistake fares

After a week review, the U.S. Department of Transportation concluded that United doesn't need to accept cheap mistake fares.  More

Apple may give Genius Bar major overhaul

Apple will begin texting customers when their Genius Bar appointments are about to take place, according to 9to5Mac.  More

Driving Tesla's 'insane' Model S

The Tesla P85D is roomy, quiet, comfortable and it's quicker than an Italian supercar.  More

Vine is hiring an office dog

Video app Vine is expanding its team by hiring an office dog  More

Google Wallet to come pre-installed on Android phones

Android phones sold by AT&T, T-Mobile and Verizon will come pre-installed with Google Wallet starting later this year.  More

Workers at nation's largest oil refinery join growing strike

While nationwide contract talks between the union and management continue, workers at the nation's largest refinery have joined a strike that now has more than 6,500 U.S. oil workers off the job.  More

Obama pushes protections for retirement accounts

The White House unveiled a proposal Monday that would hold financial advisers handling individual retirement accounts (IRAs) and 401(k)s to a higher standard.  More

Did 'Orange is the new Black' just get hosed by the Emmys?

The Television Academy passed new rule changes that expand category field, and define comedy and dramas.  More

Five reasons why Venezuela may be the world's worst economy

Here are five reasons why Venezuela's economy is bordering on the edge of lunacy.  More

The Apple car: What we know

Here's all the evidence Apple is secretly building an Apple car -- or an Apple car OS.  More

Starbucks CEO Howard Schultz calls out Giuliani for 'offensive' Obama comments

Starbucks CEO Howard Schultz blasted former New York Mayor Rudy Giuliani for questioning President Obama's "love" for his country.  More

Sports Authority said to be at 'high' risk of default

Privately-held Sports Authority could be less than a year away from default on $300 million of its debt according to credit rating agency Moody's.  More

Walmart's other promise to workers: Better schedules

Some workers will have the same hours on the same days of the week, a move that addresses another big problem many low wage workers face: inconsistent schedules.  More

YouTube has a new app just for kids

Google is launching a YouTube app for kids that strips out inappropriate videos and offers a design even toddlers can use.  More

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