Economy shrank much more than predicted in 1st quarter
The economy had its worst performance since the Great Recession in the first three months of the year, contracting at an annual rate of 2.9 percent as severe weather took a heavier toll than initially thought, the Commerce Department said Wednesday.
Starbucks chair co-writing book on military vets
Starbucks chairman Howard Schultz is collaborating on a book about veterans of the wars in Iraq and Afghanistan.
Barnes & Noble to split bookstore, Nook unit
Faced with dropping e-reader sales, Barnes & Noble Inc. said Wednesday that it is spinning off its Nook business as a separate public company in an effort to boost shareholder value.
Eyes on you: Experts reveal police hacking methods
Law enforcement agencies across the globe are taking a page out of the hacker's handbook, using targets' own phones and computers to spy on them with methods traditionally associated with cybercriminals, two computer security groups said Tuesday.
Energy boom fuels economic growth in Midwest states
While the national business outlook remains tepid, the energy sector is driving fast economic growth in some states.
US weighs lawsuits on alleged insurance kickbacks
The government is considering whether to sue banks and other mortgage servicers to recover its losses from alleged insurance kickbacks that may have cost government-controlled mortgage giants Fannie Mae and Freddie Mac hundreds of millions of dollars, according to an internal report.
E-cigarette chain MadVapes hitches a ride on industry’s success
Starting a multimillion-dollar company wasn’t what Mark Hoogendoorn intended. He just wanted to quit smoking.
Ask the Mompreneur: 5 tips for marketing to mothers
This week’s “Ask the Mompreneur” features an interview with Samantha Kurtzman-Counter, president and co-founder of The Mother Co., which specializes in safety and social skills media for kids.
Google shows off watches, cars and TVs using Android software
Google Inc. touted new models of smart watches, connected cars and Internet-enabled TVs on Wednesday, all based on the company’s Android software, as the giant tech company showed its determination to extend its services into just about every corner of modern life.
Good news for workers: Survey shows bonuses are back
For employees hoping to receive a fatter paycheck, the recession and its aftermath were bleak times. Companies pulled back on bonuses and lavish perks. Budgets for payroll increases were slim, meaning raises were often slight and hard to come by.
- More Business Headlines
- Economy shrank much more than predicted in 1st quarter