Company News

Netflix passes 50 million subscribers

Netflix now boasts over 50 million members, and is continuing its push into content production and new markets.  More

You're not cool enough for Facebook's newest app

Facebook has unveiled a new standalone app it's calling 'Mentions,' which is designed to help famous people manage their presences on the site.  More

The IPO market is about to go LOCO

Mexican-style chicken chain El Pollo Loco wants to raise $100 million in the stock market this week to pay down debt as it pushes ahead with expansion plans. Can it be the next Chipotle?  More

Google to speed up Web with smaller photos

Google's new WebP image file format promises to speed up the Web by reducing image sizes. Those JPEGs and GIFs are just too darn big and clunky.  More

Tobacco stocks shake off $23.6B judgment

Shares fall after Florida jury awards payment to widow of a man who died in 1996.  More

Can Malaysia Airlines survive latest tragedy?

Malaysia Airlines will have to make payouts to families of the deceased and will have lawsuits to fight. But whether or not customers stay loyal is key to its bottom line.  More

Forbes sold to Asian investors

Forbes family will retain stake in Forbes Media, but majority of iconic business media group sold to Hong Kong investment group.  More

AK-47s become hot commodity after U.S. sanctions

Kalashnikovs sell out in U.S. after feds block Russian imports.  More

Can this British designer save Coach?

Coach popularized 'luxury for the masses.' Now the brand is struggling and it wants to leave the masses behind. Can new creative director Stuart Vevers pull off a comeback?  More

Netflix partner says Verizon slows traffic

Level 3, a company that Netflix and others pay to deliver traffic to Internet service providers, has accused Verizon of refusing to upgrade its infrastructure to boost lagging streaming speeds.  More

Murdoch says he can't buy Tribune but mum on Time Warner

Rupert Murdoch isn't saying anything about his bid for Time Warner. But he is taking himself off the list of possible bidders for Tribune Publishing.  More

Drugmaker in $54.7 billion merger aimed at cutting U.S. taxes

AbbVie reaches $54.7 billion deal to buy Shire and allow it to shift its home to U.K. to avoid U.S. taxes.  More

FedEx indicted for shipping drugs sold online

The company says it is innocent and will plead not guilty to the charges brought Thursday by the Department of Justice.  More

Malaysia Airlines may need government rescue

Even before tragedy struck this year, Malaysia Airlines was already battling numerous financial problems.  More

Meet the new ice cream man: Uber

Uber will deliver ice cream to subscribers on Friday. It's the latest on-demand service from the taxi app company that is now worth more than $18 billion.  More

Amazon: Read as much as you want for $9.99

If you like to read a lot, Amazon has the plan for you. Kindle Unlimited offers 600,000 e-books and some audiobooks for $9.99 a month.  More

Google's money machine is going strong

Google reported Thursday that its second-quarter sales surged 22% versus last year, sending the stock more than 2% higher in after-hours trading.  More

Cold beer battle heats up in Indiana

In Indiana you can only buy cold beer in a liquor store, other retailers say it's not fair and sue Indiana is the only state in the nation with a beer temperature statute. Only liquor stores can sell cold beer "to go." That has other retailers foaming so much that they launched a lawsuit.  More

Microsoft cuts 18,000 jobs

CEO Satya Nadella is presiding over the largest round of layoffs in the company's history.  More

Nadella officially puts his stamp on Microsoft

New Microsoft CEO Satya Nadella announced massive layoffs at Microsoft on Thursday as he moves boldly to reshape the company.  More

NFL Sunday Ticket coming to smartphones

DirecTV is offering NFL fans the chance to stream every out-of-market game of the upcoming regular season on a computer, smartphone or tablet, even if they don't have a satellite TV account.  More

Fiat: We're not talking merger with VW

Fiat shares jump after German magazine reports that Volkswagen is considering a full or partial takeover of the automaker - a claim Fiat denies.  More

This is Airbnb's 'obscene' new logo

The website devoted to short-term apartment rentals premiered a giggle-inducing new logo.  More

Starbucks now selling Colombia its own coffee

Starbucks' Schultz plans to open 50 stores and hire 1,000 workers in Colombia.  More
Search for Jobs