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Los Angeles boosts minimum wage to $15.34 an hour, largest U.S. city to do so

Los Angeles boosts minimum wage to $15.34 an hour, largest U.S. city to do so Watch

Business & Economics

The minimum wage for the city of Los Angeles will be $15.34 by the year 2020 - until then, wages will increase incrementally each year. The ...

Another attack on 'In God We Trust': Atheists take a stab at U.S. currency motto

Another attack on 'In God We Trust': Atheists take a stab at U.S. currency motto Watch

Business & Economics

By Atarah Haely (NEWS CONSORTIUM)

After a series of unsuccessful legal battles against the religious quote on U.S. currency, a popular atheist activist claims to have found a new and ...

Verizon to buy AOL in $4.4 billion deal

Verizon to buy AOL in $4.4 billion deal Watch

Business & Economics

In a deal valued at approximately $4.4 billion, telecoms giant Verizon will acquire digital conglomerate American Online, or AOL. Verizon ...

Five American tech companies have $430 BILLION in which to play

Five American tech companies have $430 BILLION in which to play Watch

Business & Economics

While other companies cry "poor mouth" or say they have little at their disposal, at least five American tech companies are sitting on an ...

New York Times reports substantial loss in spite of digital growth

New York Times reports substantial loss in spite of digital growth Watch

Business & Economics

In just one of growing death knells of the daily print newspaper, the iconic New York Times reported a hefty $15 million loss for the first ...

Shakeup at Walt Disney Parks -- information technology employees replaced by non-immigrant workers

Shakeup at Walt Disney Parks -- information technology employees replaced by non-immigrant workers Watch

Business & Economics

Both Disneyland and Walt Disney World certainly were not the happiest places on Earth for many employees at the beginning of this year. Multiple ...

Apple can't seem to spend money fast enough as profits soar and cash reaches a staggering $194 billion

Apple can't seem to spend money fast enough as profits soar and cash reaches a staggering $194 billion Watch

Business & Economics

Digital gadget maker Apple has ended the first calendar quarter with $33 billion in cash and short-term investments and $160.4 billion in ...

Meet the billionaires who pledged to give up their fortunes to change the world

Meet the billionaires who pledged to give up their fortunes to change the world Watch

Business & Economics

By Talia Ramos (NEWS CONSORTIUM)

Through the "Giving Pledge," men and women belonging to the upper crust of the society, with billions of dollars in their name, commit to donating a ...

World's discarded electronic junk building up into massive toxic dump

World's discarded electronic junk building up into massive toxic dump Watch

Business & Economics

Television sets, washers and driers, stereos - broken, discarded, and then thrown away, are creating a massively toxic waste dump of gargantuan ...

Australian father-and-son team raises $10 MILLION for beehive project

Australian father-and-son team raises $10 MILLION for beehive project Watch

Business & Economics

The beehive symbolizes productive activity, and for father and son Cedar and Stuart Anderson of Australia, their project was literally that. ...

'Slow ya roll' Obama. You spoke too soon? Job growth suddenly slows down

'Slow ya roll' Obama. You spoke too soon? Job growth suddenly slows down Watch

Business & Economics

Intent on rallying the nation on its improved economy, U.S. President Barack Obama appears increasingly aware that threats are gaining speed that ...

Federal taxes unbelievably through the roof for February

Federal taxes unbelievably through the roof for February Watch

Business & Economics

Uncle Sam took in a lot of cabbage for the first few months of 2015. Inflation-adjusted federal tax revenues hit a record $1,185,613,000,000 in ...

Top 10 most financially important cities in the world

Top 10 most financially important cities in the world Watch

Business & Economics

By Hannah Raissa Marfil (NEWS CONSORTIUM)

New York City is still the most important center in the financial world, according to the latest ranking made by the Long Finance in The Global ...

Apple topples AT&T from Dow Jones in reflection of iPhone's dominant position

Apple topples AT&T from Dow Jones in reflection of iPhone's dominant position Watch

Business & Economics

Largest company in the world, Apple will join the Dow Jones Industrial Average to replace AT&T. The change reflects the dominant position of the ...

'Underage Red': Sephora shocks consumers with inappropriately named lipstick shades

'Underage Red': Sephora shocks consumers with inappropriately named lipstick shades Watch

Business & Economics

By Hannah Raissa Marfil (NEWS CONSORTIUM)

With lipstick shades called "Underage Red" and "Lolita," the cosmetic retailer brand Sephora is under fire once again. Using names that refer to ...

 Oprah Winfrey sadly shuts down Harpo Studios forever

Oprah Winfrey sadly shuts down Harpo Studios forever Watch

Business & Economics

By Abigail James (NEWS CONSORTIUM)

Oprah Winfrey is set to shut down production at her Chicago-based Harpo Studios by the end of 2015. After much thought, the billionaire mogul has ...

SHINY, RED APPLE: Computer giant is now twice as big as world's second largest firm, ExxonMobil

SHINY, RED APPLE: Computer giant is now twice as big as world's second largest firm, ExxonMobil Watch

Business & Economics

How big is Apple? The creator of the iPhone and tablets is SO BIG that it is now currently twice as big as its second-closest rival, ExxonMobil. ...

WHERE IS YOUR MONEY GOING? Government collects $1 trillion from taxpayers - and there's still a deficit!

WHERE IS YOUR MONEY GOING? Government collects $1 trillion from taxpayers - and there's still a deficit! Watch

Business & Economics

Where is all of our hard-earned money going? Real federal tax revenues for the first time ever topped $1 trillion in the first four months of the ...

80 MILLION Americans have their privacy invaded in Anthem data breach

80 MILLION Americans have their privacy invaded in Anthem data breach Watch

Business & Economics

Insurance giant Anthem suffered a massive security breach when hackers broached computer safeguards and mad a wild data grab. Up to 80 million ...

Electronic giant RadioShack files for bankruptcy - but will keep some stores open

Electronic giant RadioShack files for bankruptcy - but will keep some stores open Watch

Business & Economics

RadioShack, an iconic, 94-year-old electronics chain has filed for bankruptcy protection. The company has decided to sell up to 2,400 of its ...

Is your bank account suffering? Here are 5 INCREDIBLY EASY TIPS on how to save money!

Is your bank account suffering? Here are 5 INCREDIBLY EASY TIPS on how to save money! Watch

Business & Economics

By Abigail James (NEWS CONSORTIUM)

Saving money is not a simple task. It is hard to resist eating out or buying the hottest new music. How can your savings account grow when spending ...

Game over: Saudi Arabia threatens to increase oil production to dangerously drive America out of the oil market

Game over: Saudi Arabia threatens to increase oil production to dangerously drive America out of the oil market Watch

Business & Economics

By Matt Waterson (NEWS CONSORTIUM)

Despite the continuing decline of the price of oil, Saudi Arabia has actually increased its oil production in an attempt to gain a victory in the ...

Talk about a killer app! Apple posts largest profit in history of mankind

Talk about a killer app! Apple posts largest profit in history of mankind Watch

Business & Economics

By Matt Waterson (NEWS CONSORTIUM)

Apple has sold 74.5 million iPhones in just the last three months, helping the tech giant's profits soar to $18 billion, up more than 37 percent.

ECONOMIC EARTHQUAKE: IBM rumored to lay off 110,000 employees - biggest cull in business history

ECONOMIC EARTHQUAKE: IBM rumored to lay off 110,000 employees - biggest cull in business history Watch

Business & Economics

There are alarming indications that the largest corporate layoff in history may be near. There are rumors afoot that computer IBM plans to lay ...

Living on less than $2 dollars a day: Only 5 percent of global wealth belongs to the poorest 80 percent of the world

Living on less than $2 dollars a day: Only 5 percent of global wealth belongs to the poorest 80 percent of the world Watch

Business & Economics

By Abigail James (NEWS CONSORTIUM)

The staggering increasing inequality among the wealthy and poor around the world continues to be a pressing issue. Eighty rich billionaires have as ...

An amazing 2,500 of the world's most prestigious people canvas Davos, Switzerland for this year's World Economic Forum

An amazing 2,500 of the world's most prestigious people canvas Davos, Switzerland for this year's World Economic Forum Watch

Business & Economics

By Abigail James (NEWS CONSORTIUM)

Around 1,700 private jets will cover the sky, as the most elite people of the world descend on the annual World Economic Forum in Davos, Switzerland. ...

Do they have your best interests at heart? A shocking 50 PERCENT of the global wealth precariously belongs to only ONE PERCENT of the world's population

Do they have your best interests at heart? A shocking 50 PERCENT of the global wealth precariously belongs to only ONE PERCENT of the world's population Watch

Business & Economics

By Abigail James (NEWS CONSORTIUM)

Davos men, the world's most elite billionaires and politicians, gather at the World Economic Forum to once again attempt to tackle inequality between ...

Downturn of low gas prices: Schlumberger to cut 9,000 jobs due to decline at pump prices

Downturn of low gas prices: Schlumberger to cut 9,000 jobs due to decline at pump prices Watch

Business & Economics

There is a downside to the plunging prices at the gas pump: Americans will be losing jobs as companies struggle to make up the difference in ...