Activision Blizzard surprises Wall Street with better-than-expected profits, earnings
Game publisher Activision Blizzard has posted positive earnings reports for the second quarter of 2015, exceeding analysts' expectations.
Aug 06, 2015 10:29 PM 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
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
New Yorkers not ok with $4B La Guardia Airport renovation
New Yorkers are asking why La Guardia Airport is scheduled for an upgrade worth 4 billion dollars when the city's public transport system is in bigger need of repair.
Aug 03, 2015 9:50 PM EDT
Iran plans to buy 90 jets per year: old fleet to be renovated
Iran plans to rebuild its aged fleet by purchasing 90 planes per year from Boeing and Airbus, as soon as Western economic sanctions are lifted.
Aug 03, 2015 9:00 AM EDT
Breaking the glass ceiling in China: How Zhou Qunfei of Lens Technology became the only self-made richest woman in China
Lens Technology made a public offering last March with $7.2B. Behind the company is China's richest self-made entrepreneur, Zhou Qunfei.
Aug 03, 2015 1:58 AM EDT
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