Business News

The modern era has been full of incredible urban growth spurts, from New York City in the first half of the 20th century to Shanghai and Dubai in the past twenty years. For some perspective, check out a collection of...

Workers in Harbin, China are gearing up for the city's 30th annual Harbin Ice and Snow Festival, a massive installation of sculptures and buildings made from ice.  The festival officially begins January 5th. According t...

A McDonald's restaurant in Taiwan has been dressing its female cashiers in schoolgirl uniforms and pink maid outfits and having them address customers as "master," according to a Japanese news website.  The skimpy outfi...

Whether we like it or not, failure is a necessary stepping stone to building our dreams. Here are 30 quotes that will hopefully inspire you to look at failure differently.

(Reuters) - The securities regulator has asked life insurers to disclose the potential cost of forcibly winding down in-house insurance units known as 'captives,' whose business model has come under regulatory radar, the...

Asian markets were mostly higher on Monday, as Japanese stocks began the last session of their best year since 1972 on a positive note.

PETA wonders whether children might be the next victims of New Hampshire state Rep. David Campbell (D). An official from People for the Ethical Treatment of Animals released a statement to TPM on Monday saying he wants l...

A male student at Ohio University faces felony charges after allegedly blackmailing a fellow student into having sex with him, The Columbus Dispatch reports. 19-year-old OU student Dorian Graham allegedly posed as a wom...

Beyoncé is apologizing after including audio from the space shuttle Challenger disaster that killed seven people in her new song "XO," about a troubled relationship. The audio clip of now-retired NASA public affairs ...

(Reuters) - Wells Fargo & Co will pay a net $541 million to Fannie Mae to settle claims over defective home loans, completing the government-controlled mortgage company's efforts to have banks buy back troubled loans mad...

Your opportunity to be a "micro-entrepreneur": By cleaning other people's homes or renting out your spare room. Thomas Friedman, and others, have recently extolled the virtues of the sharing economy (see "Welcome to the ...

The country's Constitutional Council said the tax, on companies that pay annual salaries of more than 1 million euros, was legal.     

A recent CNN poll tells us the obvious: Americans overwhelmingly think the Afghanistan War is a giant fail. The poll shows the war is the least popular in recent U.S. history. Gallup has similar numbers. From CNN: Just 1...

North Carolina's population is on pace to pass Michigan's in the new year, according to a US Census estimate released Monday. North Carolina is among the nation's fastest-growing states, with…

An essay by a daughter of the CEO of Wall Street's biggest bank that proclaimed Flint, Mich. "America's most apocalyptic, violent city" has raised eyebrows in Michigan. Laura Dimon, who describes herself as a journalist ...

Republic Wireless has alerted its Triangle customers that they may temporarily experience dropped calls or inferior call quality when they use Sprint's cellular network.

Jordan Belfort -- the real life wild man and scam artist who inspired Scorsese's "The Wolf of Wall Street" -- is in the process of pitching an uplifting reality show to various networks. The show sees Belfort, now 51, "s...

He said the ducks had it coming. New Hampshire state Rep. David Campbell (D) said in an interview published Sunday that he was the driver of a BMW that ran over a group of ducks that "didn't move" out of his way outside ...

5 ways to avoid nefarious securities sales pitches.

BEIJING (AP) -- China's local government debt has soared 70 percent over the past three years, according to an official audit Monday, which called on local leaders to curb the rapid increase.     

A new breed of shadow bankers has stepped in to lend to debt-hungry businesses and households as the Chinese government tries to rein in traditional banks.

Heidi Golledge took a giant leap of faith when she gave up running a small financial service firm that brought in several hundred thousand dollars per year to run CyberCoders, a recruiting and staffing firm, in 1999 with...