Apr 17 How a single computer system failure halted global financial markets By Marina Lopes Traders pay upwards of $20,000 a year for access to the service, which serve as their eyes and ears into financial markets around the world. Bloomberg blamed the two-hour outage on internal network issues. Continue reading
Apr 07 Reddit CEO Ellen Pao bans salary negotiations By Anna Sillers Ellen Pao may have lost a Silicon Valley gender discrimination suit on all four accounts, but she isn’t backing down on a mission to increase gender equality in the tech world. Continue reading
Feb 25 TJ Maxx parent company will raise workers’ pay to $10 an hour in 2016 By Jasmine Wright The parent company that owns retailers T.J. Maxx, Marshalls and HomeGoods announced on Wednesday a plan to raise their workers' wages to $9 an hour in June, with an eventual rise to $10 an hour by 2016. The move makes… Continue reading
Feb 03 Amazon, (maybe) coming to a RadioShack near you By Anna Sillers Amazon has entered into talks with the struggling RadioShack Corporation concerning the purchase of several of the electronic retailer's store locations, pending the company's expected bankruptcy filing. Continue reading
Jan 23 Expedia purchases Travelocity for $280 million By Anna Sillers Online travel booking company Expedia, Inc. purchased Travelocity today for $280 million in cash, the company announced in a press release. Continue reading
Jan 23 So long, SkyMall, and thanks for all the massage pillows By Ashira Morris In its glory days, SkyMall was “the sole in-flight option for potential purchasers of products to review while traveling,”… Continue reading
Dec 26 Watch 5:59 Why was 2014 a year of mergers and mega deals? By PBS News Hour 2014 has been a banner year for corporate mergers, with more than $3 trillion in deals announced worldwide. What kind of impact do these deals have on the companies, employees and the economy? Hari Sreenivasan learns more from Andrew Ross… Continue watching
Dec 17 Watch 4:49 What a lapse in terrorism insurance by Congress means for businesses By PBS News Hour Continue watching
Dec 15 Sony warns news organizations not to publish details unveiled in hack By Jack Gillum, Associated Press WASHINGTON — A lawyer representing Sony Pictures Entertainment is warning news organizations not to publish details of company files leaked by hackers in one of the largest digital breaches ever against an American company. Continue reading
Dec 10 Lawmakers wary of genetically modified foods By Mary Clare Jalonick, Associated Press The food industry is likely to find a receptive Congress come January in its fight against mandatory labeling of genetically modified foods. Continue reading