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EBay to cut 2,400 jobs

January 22, 2015 NEW YORK — EBay plans to cut 2,400 jobs, or 7 percent of its staff, in the first quarter to simplify its structure and boost profit ahead of a planned separation of its business. more »»

4chan founder to retire from site

January 22, 2015 NEW YORK — The founder of the popular, if at times notorious, online message board 4chan is retiring as the site’s administrator. Christopher Poole launched the site in 2003 when he was 15 years ol. more »»

American Express to cut more than 4,000 jobs

January 22, 2015 NEW YORK — American Express is planning to cut more than 4,000 jobs across the company this year, a company spokeswoman told The AP. more »»

Global economy squeezed by worsening slowdown in China

January 21, 2015 HONG KONG — The global economy, slowed by stagnation in Europe and Japan, is being further hampered by China’s decelerating growth. The Chinese economy grew 7. more »»

Yahoo CEO poised to make fateful decision on Alibaba

January 21, 2015 SAN FRANCISCO — Yahoo CEO Marissa Mayer is facing her biggest business decision since she left Google two-and-a-half years ago to lead its struggling rival: how to manage Yahoo’s most valuable asset... more »»

Netflix reels in 4.3M more subscribers 4Q

January 21, 2015 SAN FRANCISCO — Coming off its best quarter yet, Netflix is hoping to hook millions more Internet video subscribers with the lure of original programming as the company tries to build the leading... more »»

Court won't hear dispute over debit card fees

January 21, 2015 WASHINGTON — The Supreme Court rejected a challenge from retailers who claim the Fed allows banks to charge businesses too much for handling debit card transaction. more »»

IBM 4Q revenue continues to sag

January 21, 2015 ARMONK, N.Y. — IBM's fourth-quarter net income dropped 11 percent as revenue in most categories continued to decline, and its outlook for the year disappointed investors. more »»

From car lots to city budgets, cheap oil means change

January 20, 2015 WASHINGTON — Cheap oil doesn’t only mean cheaper gas in the tan. more »»

Davos forum founder urges unity against ‘dangerous’ risks

January 20, 2015 DAVOS, Switzerland — World leaders must do a better job of coordinating their actions if they want to effectively combat the menace of terrorism and the grave risks from conflicts and volatility... more »»

EU won’t ease Russia sanctions as Ukraine conflict rage

January 20, 2015 BRUSSELS — The European Union’s foreign ministers on Monday ruled out any easing of sanctions against Russia as long as fighting rages in eastern Ukraine, despite concerns about the economic... more »»

Euro currency’s missing pieces challenge policymakers

January 20, 2015 FRANKFURT, Germany — Europe’s struggle with economic stagnation is raising questions about whether its prized project — the shared euro currency — can bounce back or even just survive. more »»

Richest 1 percent sees share of global wealth jump

January 20, 2015 LONDON — The richest 1 percent of the population will own more than half the world’s wealth by 2016, Oxfam International said in a report released as the World Economic Forum begins in Davos,... more »»

Dairy industry braces for a milk bust following 2014 boom

January 18, 2015 MADISON, Wis. — Milk sales set records in 2014, but plummeting prices are forcing some dairy farmers to spill the surplus down the drain. more »»

Obama to pitch middle-class economic plan in annual address

January 18, 2015 WASHINGTON — President Barack Obama is turning to his biggest television audience of the year to pitch tax increases on the wealthiest Americans and put the new Republican Congress in the position o... more »»

Iowa courts expand their successes

January 18, 2015 The Chief Justice of Iowa’s Supreme Court, Mark Cady, told legislators last week that Iowans can be proud of our state’s court system, which is one of the best in the nation. more »»

VC firms rain down cash on tech startups, is bubble brewing?

January 18, 2015 SAN FRANCISCO — Cash rained down on startups in 2014, as venture capitalists poured a whopping $48.3 billion into new U.S. companies — levels not seen since before the dot-com bubble burst in 2001. more »»

Tourist numbers in Paris drop following terror attacks

January 18, 2015 PARIS — Gray skies over a half-empty Eiffel Tower. more »»

Nurses and Kaiser reach contract deal, avert 2-day strike

January 18, 2015 SAN FRANCISCO — The union that represents about 18,000 Kaiser Permanente nurses in Northern and Central California has reached a tentative contract with the medical provider and canceled a two-day... more »»

Eurostar services resume through Channel Tunnel after alarm

January 18, 2015 LONDON — Eurostar passenger services remained sporadic through the Channel Tunnel on Sunday after rail operators worked to restore normal traffic on the system a day after a smoke alarm triggered a... more »»

 
 
 

 

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