Latest US Business News
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Microsoft recruits Siri to highlight the iPad’s failings
Scroogled " campaign, because Microsoft is just attacking Google rather than focusing on selling its own products. It's a negative campaign dressed up as consumer championing, and I don't think it does the software giant any favours. However, I do like the new Windows 8 commercial which is a clever attack on the Apple iPad (a device I own and ...
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Unilevers CEO has a green thumb
Paul Polman calls himself a "hard-core capitalist." Sometimes you have to wonder. The day he became the chief executive of Unilever in 2009, Polman said the consumer products giant would stop providing earnings guidance and quarterly profit reports. "I figured that the day they hired me, they can't fire me," he says, "so that was probably the best moment to do ...
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Hi Its Ari $ing Emanuel and I plan to shake up Hollywood
Sean Parker, the billionaire technology investor and onetime president of Facebook, will never forget being on the receiving end of an Ari Emanuel onslaught. It was 2009. Emanuel, the famous Hollywood agent, had been e-mailing Parker because a friend had suggested they connect. "I knew who he was," says Parker, who, like so many others, conflated Emanuel with Ari Gold, his alter ego on ...
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Bitcoin more powerful than fastest supercomputers
The power of all the computers networked together to maintain the digital currency's system far exceeds the combined processing strength of the top 500 most powerful ...
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JLos new gig Verizon retailer
Fortune 500 ) to launch a chain of cell phone stores targeted to the Latino population. Verizon and Lopez announced the partnership Wednesday at the CTIA wireless industry trade show in Las ...
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Can Lenovo do it
Yuanqing Yang, the CEO of Lenovo, the giant Chinese computer maker, lives on the north end of Beijing in a gated community of McMansions and expansive lawns that seems a world away from the frenetic bustle of the capital city. Yang's house, built on the shores of a lake, is more French chateau than suburban abode and dwarfs the other homes in the development. One of his deputies called it a ...
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Whats driving one of Chinas richest men
Wang Jianlin , founder and chairman of closely held Wanda Group and one of the richest men in China, knows how to pack a visitor's itinerary. One day in April, he flies Hawk Koch, president of the Academy of Motion Picture Arts and Sciences, from Beijing to Dalian, a port city on the Yellow Sea, in his Gulfstream G550. Wang is launching an international film festival in Dalian, and ...
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The new new emerging markets
Speidell is an investor in so-called frontier markets, a term that dates back to the early 1990s, when an arm of the World Bank drew a distinction between the mainstream emerging markets and other far-flung economies where markets were illiquid, infrastructure was almost nonexistent, and economic development was in its very early stages. Today these economies across Africa, Southeast Asia, and ...
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Why the march on genetically modified food hurts the hungry
May was March-on-Monsanto month. An array of celebrities, ranging from Danny DeVito to Dave Matthews, called for protests against the St. Louis-based agriculture giant -- not for anything like the killer Vietnam-era herbicide Agent Orange it once produced, but for food technology that is saving millions of lives in poverty-stricken ...
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Is a target-date fund for you
A quiet revolution is sweeping through the mutual fund world. Over the past few years, target-date funds -- prepackaged retirement funds with a mix of stocks and bonds that adjust to become more conservative as you age -- have begun reshaping the retirement ...
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Turning trash into dollars
There's more than a shred of truth to the phrase "one man's trash is another man's treasure." In this instance, the other man is Waste Management CEO David Steiner, whose company turns waste of all kinds into renewable energy and valuable recycled commodities. Waste Management operated 269 active landfills and 114 recycling facilities in 2012. It processes more than 12 ...
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Home sales keep brisk pace
- Sales of previously occupied U.S. homes ticked up last month to the highest level in 3 1/2 years, helped by a jump in the number of houses for sale. The National Association of Realtors said Wednesday that sales rose to a seasonally adjusted annual rate of 4.97 million, up from 4.94 million in March. Home sales have risen 9.7 percent in the past 12 months, evidence that the housing ...
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Immigration Reform Could Generate $500 Billion in New Real Estate Transactions
real estate leaders estimate that it would create a new pool of 3 million homeowners and pump more than $500 billion in sales, income and spending into the U.S. housing economy. According ...
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EU eyes bank secrecy in tax evasion push
But the small steps that leaders took at their Brussels summit underline how difficult it is to effectively fight tax evasion by individuals and tax avoidance by companies at a time when countries are also competing for foreign ...
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Indications Stock futures sink rattled by Fed China data
NEW YORK (MarketWatch) -- U.S. stock futures slumped on Thursday after Japanese equities plunged overnight, as fears over a tapering of the Federal Reserve's bond-buying program and weak Chinese economic data combined to spook investors around the ...
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Netflix bets big on ‘Arrested Development’
It is one of the few times any TV show has ever been brought back from cancellation. For Netflix, it also represents the biggest and boldest move yet in its efforts to become the signature online video-streaming company and revamp how we will watch television in the ...
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Microsofts Xbox One reflects game change in home entertainment
Microsoft Corp. on Tuesday unveiled the Xbox One, a next-generation video game console that aspires to be more than just a plaything. Not only will the Xbox One deliver an amped-up game experience, but it also will let users watch live TV, rent a movie and listen to music. Viewers can use their voice and gestures to control the TV too. Want to change the channel? Just tell the Xbox One to turn ...
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Gmail service Maibox redesigns app with iPad in mind
snapped up by Dropbox earlier this year , has redesigned its app for the iPad. The new app, which currently only works with Gmail accounts, has the same functions as the old app, it lets users organize their email using swipe motions with the ultimate goal of reaching "inbox zero." Mailbox CEO Gentry Underwood said there were a lot of requests for an app designed specifically for ...
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Microsoft Surface Pro a device of many talents
mystery press conference in Los Angeles on 19 June last year. Indeed, it was something of a shock, because for the first time, Microsoft was competing against its biggest customers: Windows PC suppliers such as Acer, Asus, Dell, HP, Lenovo, Samsung and ...
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3D Sensors Give Vision To CrashAlert App
With the launch of XBox One on May 21, 3D sensing functionality remains in the spotlight. But even though it's primarily been associated with gaming, we are beginning to see 3D sensing take on new roles in robotics, digital signage, healthcare and the living room. 3D sensing is making its way into our every day lives whether we like it or not. A researcher and Post Doctoral Fellow at the ...
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Street Smarts Trump Book Smarts If You Want To Get Seriously Rich
It's certainly possible to make yourself worth a few million dollars based solely on book smarts. A sensational accountant - a verifiable master in a particular corner of the tax code - can amass a personal fortune of this size. However, ramping up that expertise to make many multiples of those millions regularly requires street smarts as well. Considering the self-made super-rich (net ...
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Tea Party Demonstrations And Homeland Security Another Non-event
WEST PALM BEACH, FL - MAY 21: Kathy Schlechting (C) holds a flag during aTea Party Internal Revenue Service (IRS) demonstration on May 21, 2013 in West Palm Beach, Florida. Tea Party activists organized the protest against the Internal Revenue Service saying they improperly targeted conservative groups seeking tax-exempt status. (Image credit: Getty Images via @daylife) Conspiracy theories and ...
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Does Asia Slump Signal US Correction
: "I think I'd be more likely to be buyer than a seller. First of all, markets correct from time to time. That's natural whether it's in Japan or over here." "We want the Fed to taper because that means the economy is getting better," Keon added, saying the underlying economy is "stronger than people think" because the fiscal drag of the tax increases ...
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How Jamie Dimon Kept the Chair
JPMorgan Chase , was about to appear before an audience of investors and Wall Street analysts just one week before the bank's annual shareholder meeting.Tensions were running high at JPMorgan. Several large pension funds had called for chief executive Jamie Dimon to be stripped of his position as chairman of the board of directors. The move was backed by influential proxy advisors. The ...
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Housing Hype Is Overblown Pros
Housing is good but not great, and unlikely to fulfill Wall Street's expectations that it will be a leading force in a robust recovery, according to a group that is one of industry's most prominent voices. Despite data points that in some cases are at multi-year highs, Robert Shiller, Karl Case and David Blitzer believe there are multiple headwinds that will keep a lid on housing ...
Rhode Island Featured
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Rhode Island offshore wind farm contraversey
There is division in the ranks over a wind farm planned for construction off Block Island, while officials in the state government have accused future surveys for potential new sites of lacking in scope.
Deepwater Wind is becoming a controversial name in Rhode Island over plans to build an off shore wind farm just off the coast of Rhode Island. While not as controversial as Deepwater Horizon, the BP oil rig that caused the mess in the Gulf of Mexico, the renewable energy plans of Deepwater Wind are certainly raising some hackles. Read more
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