Disney is buying a large part of Fox, including its movie and television studios, for about $52.4 billion, as the home of Mickey Mouse tries to meet competition from technology companies in the entertainment...
The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years...
Monday, Dec 11, 2017 at 10:16 AM PST
At-Home DNA Tests Become Common, Lead to Ethical Dilemmas
As at-home DNA tests become more convenient and common, users are dealing with more questions about their origins and the emotional aftermath of their results, CNBC reported.
DNA tests sites such as Ancestery...
Monday, Dec 11, 2017 at 08:20 AM PST
Talk of a Bubble Intensifies as Price of Bitcoin Soars
Is bitcoin in a bubble?
The price of bitcoin has been soaring this year, and last week alone it jumped from $11,000 to well over $17,000, according to Coindesk. It started the year below $1,000.
Sunday, Dec 10, 2017 at 11:42 PM PST
Texas Law Firm Buys Plane to Dodge Bay Area's Living Costs
U.S. employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery.
The unemployment rate remained at a 17-year low of 4.1 percent,...
Sunday, Dec 10, 2017 at 08:57 AM PST
Tech Companies Hire Models to Attend Holiday Parties: Report
A global forum of banking regulators has finished its years-long work on rules that aim to keep weak banks from needing taxpayer bailouts and setting off financial crises like the one that led to the Great...
Thursday, Dec 7, 2017 at 07:09 AM PST
Walmart Dropping Hyphen From Its Legal Name in Shift to Web
Wal-Mart Stores Inc. is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age of Amazon's increasing dominance.
The world's largest retailer, based in Bentonville, Arkansas,...
Thursday, Dec 7, 2017 at 08:24 AM PST
GE Cutting 12K Jobs in Power Division, Mainly Out of US
General Electric Co. will cut 12,000 jobs in its power division as alternative energy supplants demand for coal and other fossil fuels.
The company said Thursday that the cuts to both office and production...