Category: Business News

Study: 35% of Americans Facing Debt Collectors

The delinquent debt is overwhelmingly concentrated in Southern and western states More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released...

Starbucks Is Totally Killing It Right Now

The numbers: Starbucks met analyst estimates on Thursday by posting third quarter profits of 67 cents per share on $4.15 billion in sales. Analysts had expected the Seattle-based coffee company to deliver earnings of...

The Fastest- And Slowest-Growing Retailers

  Sellers of discretionary items dominate a new list of retail industries with the fastest sales growth over the last 12 months, according to research from Sageworks,  a financial information company. Electronics and appliance...

Why Are Stocks Still Rising? Is This A Bubble?

Investors often ask me, “why is the stock market still going up after five years?” They think it must mean ‘prosperity is ahead.’ Actually, it’s largely due to financial engineering: stock buybacks. It’s important...

BuzzFeed Fires Editor Over Plagiarism

The popular social news site BuzzFeed announced the firing of an editor late Friday night after allegations of plagiarism surfaced online this week. Benny Johnson was the site’s first “viral politics editor.” In a...

Bose Is Suing Beats Over Headphone Patents

As Beats is being bought by Apple Bose is suing Beats Electronics over the noise-canceling technology in Beats’ headphones. Bose filed suit in a U.S. District Court in Delaware Friday, claiming that Beats violated...