Harvard Email Hacked, University Warns
Harvard has sent an email to graduates and faculty warning that some of Harvard's email addresses had been hacked.
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Douglas A. McIntyre
Walmart’s Improved Free Shipping Will Cost It Dearly
The world's largest retailer said its new holiday promotion will allow customers new conveniences, but its new free shipping program will cost Walmart a lot of money.
Wells Fargo Settles Legal Case but Says It Is Doing a Great Job
Wells Fargo has repented and turned away from a series of dubious business practices, or so it says.
6 Most Important Things in Business Today
Philip Morris expands its smokeless cigarette business, Walmart to be more aggressive with shipping options for the holiday season, and other important business headlines.
World Series Report: BoSox 5th Highest Average This Decade, Dodgers Average Down 51% From 2017
It’s been 102 years since the Dodgers (FKA Brooklyn Robins) played a World Series in Boston. The Red Sox won that series 4-1, behind a 13-inning, Game 2 performance from Babe Ruth! For fans…
Secret Oil Spill Could Become Largest in America’s History
A series of leaks from oil wells in the Gulf of Mexico would together create the largest oil spill in U.S. history.
Trump Declares National Emergency
President Donald Trump now has used the Twitter platform to declare a national emergency, citing one of his favorite subjects.
Tech Salaries Jump Above $130,000
The global annual salaries of tech workers hit an average of $135,000 last year. The figure varies considerably by location.
Disney Box Office Market Share at Record Levels
Disney's box office almost certainly will set a market share record this year. That share level will be so high, it may not be broken.
6 Most Important Things in Business Today
General Electric could kill all or part of its dividend, interim board chair of CBS steps down, Chinese stocks surged on hope the government will stimulate the economy, and other important business headlines.
Saudi Arabia’s Economy and Military by the Numbers
Saudi Arabia is the 41st-most populous country in the world, and it posts the 19th-largest nominal GDP. It also ranks fourth in the world based on military expenditures.
Investors Flee as Ford CEO Pitches US Turnaround
Ford management met with its U.S. dealers in Las Vegas. The event was, among other things, a chance for Ford to boast about the "onslaught of new vehicles."
Elizabeth Warren Wants Head of Wells Fargo Fired
Senator Elizabeth Warren has pressed the extent of the power of her office as she insisted that the CEO of Wells Fargo be fired.
4 Major Sports Could Get $4.2 Billion From Gambling
Legalized gambling will cause a huge financial windfall for the four major U.S. sports leagues. A new report from Nielsen Sports puts the figure well into the billions a year.
Why China’s New GDP Number Is Probably Not Accurate
Outsiders have questioned the accuracy of China's economic data for years. In part, that is because skeptics think the government manipulates the information to present a picture it would like the world to see.
6 Most Important Things in Business Today: China GDP Slows, New Tesla
Tesla will soon produce a less expensive version of its most popular car, Senator Elizabeth Warren wants Wells Fargo's CEO replaced, and other important business headlines.
Global Wealth Soars to $317 Trillion, US Largest at $98 Trillion
Global wealth reached $317 trillion this year, a figure that is 18 times the size of the U.S. gross domestic product. The number rose 4.6% from last year. The nation with the most wealth…
America Becomes World’s Most Competitive Economy
The World Economic Forum has been gauging national competitiveness for nearly four decades. The United States has moved into first place among the 140 countries measured.
6 Most Important Things in Business Today
U.S. decides not to name China a currency manipulator, Tesla plans to build a factory in China, Nine West has filed for bankruptcy, and other important business headlines.
Amazon Becomes Netflix’s Only Competitor
Because rivals are so much smaller, the market for paid streaming media has become a market of two.