Batman saves the day for Warner Bros: Q2 game revenue 135% higher
Despite gamers' complaints on the worst performance of Batman: Arkham Knight, Warner Bros. still managed to bag an increase of 135% on their game revenues in this year's second quarter. Mortal Kombat X and Batman: Arkham City contributed a lot to the company's games business success.
Aug 06, 2015 8:04 AM EDT
Adidas Group acquires Runtastic fitness apps for $240 million
The sportswear company, Adidas Group, bought Runtastic fitness app for $240 million. It is said that Adidas had just found a perfect partner inspiring people to stay fit and healthy and live a longer life.
JPMorgan just made it easier to borrow $3 million for a home loan
Applying for a home loan of up to $3 million seems to be a lot easier with J.P. Morgan. Manageable requirements allow borrowers to get their dream house. With the company's new policy, they will be able to provide high-quality customers with better loan terms.
Silicon Valley Bus Drivers Woes: Apple is amenable to offer better working conditions
Apple is working out with contractors for its drivers' wage hike by $27.50 an hour. Recently, Teamsters Local 853, the tech bus union protested over their unpaid downtime from morning to evening.
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Parse.ly CEO Sachin Kamdar talks about how his company achieves 150% year-over-year growth
Sachin Kamdar shares his some pointers on how his web analytics company, Parse.ly, achieved 150%-200% yearly growth.
Aug 06, 2015 2:13 AM EDT
Greek stock market reopens to huge losses after five-week shutdown, hopes to recover with upcoming bailout
The Greek stock market was forcibly closed at the end of June after the country defaulted due to its debt. Reopening after more than a month of excruciating wait, the market sees heavy losses, especially from the country’s top four banks.
Aug 06, 2015 2:08 AM EDT
Good times is coming? Wall Street's Laszlo Birinyi sees S&P 500 climbing 52% in two years
The S&P 500 has risen around 2% so far this year, and long-time stock market forecaster Laszlo Birinyi says US stocks will continue to rise. Birinyi expects the index to climb 52% by 2017.
Aug 06, 2015 2:05 AM EDT
Original Content is King to Netflix's 'World Domination' Strategy
Streaming media provider Netflix is looking to produce its own original content instead of licensing properties from studios.
Aug 06, 2015 1:47 AM EDT
Citibank Under Investigation: CFPB Probes Student Loan Services
Citibank admits being under investigation for student loan practices. CFPB refuses to comment regarding the investigation.
Aug 06, 2015 12:00 AM EDT
Giant coal company Alpha Naturals seeks bankruptcy court protection
Alpha Natural Resources will file for bankruptcy court protection to allow them to continuously restructure their operation as well as their debt. The company believed that there is still future for them and the U.S. coal industry if they could cut down $3 billion of the company's debt.
Aug 05, 2015 11:56 PM EDT
Baltimore Homes Price Down, Rentals Up
Home prices in Baltimore plummeted but rentals soar due to numerous stall foreclosures. Sam Khater, deputy chief economist of CoreLogic, disclosed that in May alone 13.6% of the transactions belong to the real estate owned foreclosure.
Aug 05, 2015 11:09 PM EDT
Your network is equal to your net worth: Soon, Facebook can approve loans based on your friends' credit scores
Facebook patented a social network system that will filter searches, spam and will grant service providers like lenders to approve your loan application through your Facebook friends' credit scores.
Aug 05, 2015 11:00 AM EDT
Look forward to your retirement: Some tips on how to retire smarter
Retirement can be a dreaded time for some but with smart decisions, it can be a relaxing time to look back on your life and simply enjoy.
Aug 05, 2015 10:52 AM EDT
White House hosts first-ever Demo Day for startups; KIND founder Daniel Lubetzky invested $3M on three startups owned by women
Daniel Lubetzky announced in the White House Demo Day that he's funding three health food startups; 479 Degrees, GimMe Health Food and EatPops.
Aug 05, 2015 1:30 AM EDT
Greek stock market plunges sharply after re-opening
Greece's stock market plummeted when it re-opened Monday. The biggest casualties were banks which shed 30%.
Aug 04, 2015 11:56 PM EDT
Trouble in the North: Canada's economy continues to shrink
The slowdown in most of Canada's industries and the weakening value of its currency added to the shrinkage of its economy by 0.2% in May. For five consecutive months, Canada has been experiencing a "complex and significant adjustment", as Bank of Canada governor Stephen Poloz calls it.
Aug 04, 2015 10:41 PM EDT
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