How do you become fearless and financially secure enough to make enemies of New York’s wealthy and politically powerful? A seven-figure check from Amazon certainly helps.
The slight slowdown in the growth rate caps off the strongest year for the economy since the 1990s.
The massive retailer also revealed that it spent over $1 billion on its streaming video service in 2014.
“It’s tough to say goodbye to the McFamily, but there is a time and season for everything,” Thompson said in a statement.
Marissa Mayer has finally answered the biggest question facing the company. But she still has to figure out how to grow its actual business.
The lender just raised a new round of financing and will move into the student debt market as part of its bid to become the next big consumer finance company.
Standard and Poor’s declared that Russia’s debt was junk rated, thanks to “the effect we expect Russia’s weakening economy to have on its financial system.”
The snowstorms that paralyze cities across North America are expensive, but still nowhere near as costly as tropical cyclones, droughts, or heat waves.
Congrats Twitter, but for IPOs.
The fast food giant is still in a sales slump in the U.S., while international operations suffered from a weak European economy, Russian sanctions, and supplier problems in Asia.
A group of black and Latino former McDonald’s employees is attempting to hold the corporation accountable for the behavior of its franchisees.
“Our ecosystem has simply been disrupted.” But luckily for eBay, its payment subsidiary Venmo is “on fire.”
If you want to know what’s trending in the U.S. economy, look away from the business pages come Super Bowl time.
People have become less trusting of major institutions, according to the annual Edelman Trust Barometer. And large majorities doubt that businesses want to make the world a better place.
And yet it’s the only bank to beat analysts’ expectations for profit and revenue.
Three of America’s largest banks are getting smaller. And that pattern is not likely to change anytime soon.
“Banks are under assault” from government regulators, CEO Jamie Dimon told reporters today. Amid the onslaught, the bank will “try to stop stepping in dog shit, which we do every now and then.”
Despite a little more volatility in the last three months of the year, America’s largest bank by assets is in a trading rut. It also had $990 million in legal charges.
One day after two U.S. government social media accounts were taken over by hackers, a senior administration official warned the primary method for online security doesn’t work particularly well.
The legal battle between First Premier and credit card review site CardHub raised free speech questions, as well as a reminder of the financial links between some card issuers and the sites that review them.