Latest US Business News
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New Jerseys Operation Swill cracks downs on alleged liquor substitution
New Jersey's Division of Alcoholic Beverage Control announced Wednesday that it had seized alcohol from 29 bars and restaurants as part of a year-long investigation into allegations that the businesses have been fooling customers by filling bottles from premium brands with cheaper well ...
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Video Microsofts Xbox One entertainment console unveiled
Microsoft's new Xbox One entertainment console seeks to deliver the Holy Grail of home entertainment. It lets you watch television, play movies, listen to music and browse the Internet as well as play video games. (May ...
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Video Microsoft reveals new Xbox
'Soldier beheaded' in street as two shot in suspected terrorist attack near Woolwich barracks - 'attacker' shown in video saying 'We will never stop fighting ...
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The Fed ‘Number’ on Fed backed tapering as early as June
WASHINGTON (MarketWatch) -- A number of Federal Reserve officials were willing to slow down the pace of the purchases as early as the June meeting if the data continued to improve, according to the minutes of the April 30-May 1 policy meeting released on ...
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Tech Stocks NetApp Apple rise Cisco Microsoft slide
SAN FRANCISCO (MarketWatch) -- Apple Inc. and NetApp Inc. posted gains Wednesday, but the tech sector was weighed down by declining shares of Oracle Corp., Cisco Systems and Microsoft ...
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Movers Shakers Wednesday’s movers Saks rallies for third day
SAN FRANCISCO (MarketWatch) -- Saks Inc. rallied for a third day Wednesday on reports that it may be window shopping for a new owner, with most analysts generally upbeat about a potential ...
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Real Books From Real Trees for Real People Microsofts Fun eBook Predictions From 1999
created an ad for its upcoming 'Microsoft Reader' software . The headline blared, "This is a story about the future of reading," and underneath the story about the company's actual product, the marketers inserted a timeline based on "the best estimates of Microsoft researchers and developers" of what was going to happen to books in the future. The Microsoft ...
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The 404 1273 Where overall we think its necessary
It's a soft 'g', Mr. President . Correction: On today's episode, we mentioned that Webby winners had to purchase their awards separately. In fact, they're included with the purchase of a ticket to the ...
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Verizon partners with J Los VivaMovil to target Latinos
Verizon Wireless announced Wednesday a partnership with a brand new mobile brand started by actress and singer Jennifer Lopez that will be geared toward Latino ...
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Early details emerge for what could be new HTC Desire models
(Credit: CBS Interactive) A pair of yet-to-be-announced HTC smartphones surfaced this week, tipping the hardware maker's future ...
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San Diegos Pulse Electronics does reverse stock split
Pulse Electronics, a San Diego electronic components maker, announced a 1-for-10 reverse stock split effective Wednesday, with the aim of meeting requirements to keep the company's shares listed on the New York Stock ...
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Tangled Cables 5 The Xbox One Roundtable
Microsoft Xbox Head Don Mattrick unveils the Xbox One | Image courtesy of Microsoft Begun, this next-generation console war has. With yesterday's divisive unveiling of the Xbox ...
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Microsoft Reveals The Xbox One
Microsoft promises the Xbox One will be more than just a game console, but a "living room" with a TV tuner and cable box. Users will be able to switch between watching TV and gaming instantly through the Kinect ...
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Jay-Zs Roc Nation Sports Signs New York Jets QB Geno Smith
Kimberly Ann Miale to make her mark as a part of Jay-Z's Roc Nation Sports. Miale, who has failed to negotiate any active players' contracts in the NFL, signed New York Jets rookie quarterback Geno Smith and will now be tasked with negotiating his contract with the team that selected him in the 2013 NFL ...
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Should The Government Use Fair Value Accounting
opus of wonkery on government accounting, that delightfully touches on some of the geekier issues like the connection between loan payments and what it means-to-be, a question perhaps more broadly understood as something like, "what is the nature of the immortal soul." This bit, however, is asking the wrong ...
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How to Wear Prints Professionally Summer Florals
I'm a print person, so I'm particularly enthused about this season's bevy of bright florals. Left to my own devices, I would wear floral head to toe, but I'm also aware that this may not always be (or ever) appropriate in a workplace environment. But all is not lost! Here are some ways of incorporating print into your wardrobe, while looking polished and ...
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Apple CEO Tim Cook Pounds Another Nail Into the Keynesian Coffin
Image via CrunchBase As most readers are now aware, technology giant Apple Inc. has in the past few days been the recipient of juvenile attacks from U.S. Senators on both sides of the political aisle. Its alleged misdeed was the legal shielding of overseas earnings from corporate taxation stateside. Funny here is that back in 2001 Sarbanes-Oxley was foolishly passed to ensure that CEOs watch ...
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We Know She Can Count To Five IRS Official Who Claimed She Was Not Good At Math Pleads The Fifth
allegations that the Internal Revenue Service improperly targeted certain applications for tax-exempt status based on keywords and politically charged language , a number of IRS and Treasury officials made their way to the Hill today to testify in front of ...
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Amazon Unlocks The Value Of Fan Fiction With Kindle Worlds
Amazon knows that fan fiction is big business. (Image credit: AFP/Getty Images via @daylife) In a funny way, fan fiction is the purest form of literary art there is, the one most untainted by commerce. It's hard to make money from it because someone else owns the intellectual property (unless you change the details just enough, in which case you can make quite a lot of money on it. Just ...
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Michael Jordan Brings The Buzz Back To Charlotte
" Well it applies here. Once upon a time, the Hornets posted 364 straight sold-out games. And some of most recognizable and marketable players in the NBA played in Charlotte. The list includes Muggsy Bogues standing 5'3" was the biggest little man in the league; Larry Johnson, nicknamed Grandmama, once signed the most lucrative contract in the NBA and was the first to make bling ...
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No Contract Cell Phone Plans Grow In Popularity
The American Customer Satisfaction Index (ACSI) reported that satisfaction in the wireless phone industry is improving. The index noted that wireless service providers in total landed at 72 (out of 100 point scale), but that it is still below the overall customer satisfaction rating across multiple industries (internet service, television/cable service and others). The big (or not so big) ...
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Domestic Asset Protection Trust Blows Up Bigger Than Alaska In Huber Case
Debtor Donald G. Huber (Donald) founded United Western Development, Inc. (UWD) in 1968 to invest in real estate. In 2001, Donald was joined by his son, Kevin D. Huber (Kevin), who thereafter was heavily involved in UWD's business. UWD built large home developments, predominantly in the Pacific Northwest. These developments required UWD to obtain substantial financing, which debt Donald was ...
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Sony Shares Spike Following Rumors Of Entertainment Spinoff
the company is considering spinning off its entertainment arm . Share price has gone up both in the US and Tokyo exchanges after some reports indicated that the company may be considering a plan suggested by investor Daniel Loeb. Loeb, whose hedge fund Third Point owns a 6.5% stake in ...
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Senator Carl Levins Entirely Bizarre Thoughts On Apples Cash Taxes Paid
and the taxes that they do or don't pay which seems to me to be entirely bizarre. Yet it appears that people are taking it entirely seriously. The point is that the committee (or, as I assume was the case, its driving force Senator Carl Levin) noted the difference between Apple's provisions for taxes it would have to pay and the actual amount of cash that it handed over. What makes it ...
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Longtime Tech Industry Analyst Michael Gartenberg Joins Apple
Gartenberg didn't immediately reply to a voicemail message left at his office at Apple asking him to talk about his new role for the Cupertino, California-based company. He is working on the marketing team under Apple's global marketing chief Phil Schiller, according to sources. This isn't Gartenberg's first time jumping into one of the technology companies he tracks -- ...
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