Business News

Spotify isn't giving an inch to Apple's soon-to-launch music streaming service. The nine-year-old Swedish company on Tuesday closed a $526 million equity cash-raising -- money that will help fund what...

Costco is becoming a huge force in the auto world. The warehouse retailer sold 400,000 vehicles in 2014, twice as many as in 2008, Bloomberg Business reports. "Without fanfare, the membership-only merchant better known f...

GoPros may end up just being huge with tech nerds and not everyone else. In a note on Wednesday, Citi's Jeremy David and Ehud Gelblum lowered their forecasts for the company's growth and earnings on concerns that the GoP...

Alibaba's IPO last September made Jack Ma the richest man in China -- but the money hasn't bought the executive happiness. "If I had another life, I would keep my...

Each year, Philadelphia cops take millions of dollars in cash from city residents under the state's civil asset forfeiture laws. Roughly one-third of these residents -- 1,500 of them -- are never convicted of a crime. An...

Emirates Airlines said on the sidelines of the International Air Transport Authority's (IATA) meeting yesterday that it is interested in ordering up to 15 777 aircraft manufactured by Boeing Co (NYSE:BA), reports The Wal...

McDonald's on Tuesday hired former Obama press secretary Robert Gibbs -- not to flip burgers but possibly, to fend off a move on Capitol Hill to empower franchisees, DC insiders...

This year marks the American Black Film Festival's 19th anniversary. Meet the founder who struggled to get it started--but ultimately figured out a way to make it endure.

NEW YORK (The Deal) -- RadioShack  has reached agreements with AT&T's AT&T Mobility, Verizon's  Verizon Wireless and Standard General's General Wireless that will allow a sale of its intellectual property and customer...

The CEO of the Billy Graham ministry is switching to BB&T after Wells Fargo ran a same-sex ad.          

The CEO of private equity behemoth Blackstone is the latest to warn of a coming 'liquidity crisis.'

The trade group for Domino's, Papa John's, and other big pizza chains is fighting to throw out Food and Drug Administration regulations that will soon require restaurants to display calorie counts on their menus. The Ame...

Music streaming company Spotify said Wednesday it has gotten a new investment from a Nordic telecommunications company as it looks to compete globally, particularly with a rival service that Apple is due to launch this m...

Airline industry announces new guidelines recommending smaller carry-on bags in effort to free up space in planes' overhead bins Millions of fliers might soon want to buy new carry-on suitcases. Global airlines announced...

A new $125 million fund will invest in technology companies led by women and underrepresented minorities over the next five years.

Shake Shack started out as a hot dog cart in New York City's Madison Square Park. Three years into serving hot dogs, restaurateur and Shake Shack founder Danny Meyer came up with an idea to turn the cart into a permanent...

Amy Winehouse's father, Mitch, had a few words he wanted to share with me after he read my review of "Amy," the new documentary about his daughter.

As Virgin founder Richard Branson announces a one-year policy

21-year-old Jacob Catalano felt like Snapchat was doing a poor job highlighting all the amazing talent that has flocked to the app in the last few years. To fix this problem, he created the site Snap Stars to keep track ...

NEW YORK (TheStreet) -- Shares of Newmont Mining were falling 2.6% to $23.78 on heavy trading volume Wednesday after the gold miner priced the 29 million shares of common stock in its underwritten offering. Newmont Minin...

Lessons from the Special Forces and Blockbuster.

Kim Dotcom, the controversial founder of MegaUpload, just revealed some interesting new details about his latest project and how he's been funding it. Dotcom, who is currently living under house arrest in New Zealand whi...