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Online game maker Zynga to cut 18% of workforce
Mon, 3 Jun 2013 20:56:19 GMT
Zynga, the maker of online games like "Farmville," said Monday it is cutting 520 jobs, about 18 percent of its workforce, in a cost-saving move designed to help it adapt to consumers shifting game play from computers to mobile devices.
Where's Dora? On Amazon with SpongeBob
Tue, 4 Jun 2013 15:38:31 GMT
SpongeBob SquarePants is not leaving his underwater home in Bikini Bottom, but he will be streaming on Amazon, along with Dora the Explorer. Amazon.com just wrote its largest ever check for a subscription streaming deal to secure hundreds of mostly kids' TV shows for the company's Internet video service, ratcheting up pressure on rival Netflix.
Made in America Front Page
How motorsports improve what we drive
Sat, 25 May 2013 10:37:21 GMT
An automaker might take years to find ways to boost the performance of a new engine sold through its showrooms. But it may have just days to achieve similar results if it hopes to be competitive on the track.
Reverse mortgages backfiring for some seniors
Tue, 4 Jun 2013 18:16:38 GMT
As America's population ages, the hard sell is on for reverse mortgages. Promising happier days ahead, the former "Fonz," actor Henry Winkler, is pushing them in relentless television ads.
Monsanto, Bayer seek answers to bee losses
Mon, 20 May 2013 23:29:15 GMT
Pesticides are under fire from environmental and food activists who say the chemicals are killing off millions of bees. But the agrichemical companies deny that their best-selling pesticides are the problem.
Welcome home: 'Made in USA' on the rise
Sun, 9 Jun 2013 14:30:52 GMT
Despite years of panicked headlines about manufacturing moving to Japan or China, Mitch Cahn has kept the apparel-making business he founded, Unionwear, open for 21 years on American soil.
Apple CEO Tim Cook: 'We pay all the taxes we owe'
Tue, 21 May 2013 17:33:40 GMT
Apple CEO Tim Cook is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
From 'dude' to dividends: the industrialization of pot
Wed, 5 Jun 2013 09:04:39 GMT
The pot industry isn’t being cultivated with grow lights behind blacked-out windows anymore. Despite federal drug-enforcement and tax laws that render it illegal, the economics of pot are becoming closer to what one advocate dubs “Big Marijuana.”
Amazon ventures into fanfic. But can it make money?
Fri, 24 May 2013 15:25:58 GMT
Imitation might be the sincerest form of flattery, but is it also a lucrative one? Amazon is about to find out.
Foreign owner laws may stymie China's pork buy
Mon, 10 Jun 2013 15:50:53 GMT
Decades-old laws barring foreign ownership of farmland in Iowa, Missouri and at least three other Midwest states may complicate Chinese company Shuanghui International's $4.7 billion planned purchase of U.S. pork powerhouse Smithfield Foods.
Happy with your Starbucks latte? Who gets the tip?
Wed, 29 May 2013 15:28:39 GMT
A tempest in a coffee cup is brewing over who gets the tips you leave in the jar at the local Starbucks.
Going Green Front Page
Future of 3D TV dims as ESPN yanks in-your-face channel
Fri, 14 Jun 2013 15:43:36 GMT
TV sports in 3D was supposed to be a slam dunk, but viewers never got the picture. And, then there were those stupid-looking glasses, too.
Funeral directors think outside box for Boomers
Tue, 4 Jun 2013 11:48:22 GMT
In death, as in life, Baby Boomers want to do it their way. And the death industry is gearing up to meet this demand as the generation that bucked authority customizes how it dies.
JPMorgan's Jamie Dimon crushes opponents
Tue, 21 May 2013 18:33:46 GMT
JPMorgan Chase Chairman and CEO Jamie Dimon on Tuesday won a crucial shareholder vote rejecting a proposal to strip him of his chairman title, a big victory for the brash leader of the country's largest bank.
Success in Hard Times Front Page
New York's biggest hotel quits room service
Mon, 3 Jun 2013 17:34:44 GMT
Enjoying breakfast in bed at New York City’s largest hotel will soon require you to head to the lobby for grab-n-go items, as traditional room service comes to an end.
Take meow to the ball game: cats to watch baseball
Tue, 4 Jun 2013 17:56:56 GMT
Baseball and cats -- purrfect together! The pets with nine lives will have a chance to watch the sport with nine innings as the minor league team, the Wilmington Blue Rocks, stage an unusual promotion on Tuesday night.
After sex scandal, ex-CIA chief Petraeus takes Wall Street job
Thu, 30 May 2013 15:42:07 GMT
Retired Army Gen. David Petraeus, attempting to rebuild his reputation after he resigned as CIA director last year over an extramarital affair, will take a new job with investment firm Kohlberg Kravis Roberts
Mom brings home more bacon in nearly 1 in 4 homes
Tue, 28 May 2013 22:34:13 GMT
Moms now earn more than dads in almost a quarter of all U.S. families, a huge leap from 50 years ago when only a handful of moms were bringing home the bacon, according to the Pew Research Center.
Booz Allen shares shed 4% after NSA leak news
Mon, 10 Jun 2013 15:30:52 GMT
Shares of Booz Allen Hamilton Holding Corp. slid in morning trading, after the company's employee, Edward Snowden, stepped forward as the person who leaked information about secret government surveillance programs.
Apple saved billions in taxes using Irish subsidiaries
Tue, 21 May 2013 11:54:43 GMT
As Apple CEO Tim Cook awakens Tuesday morning to prep for a hearing on Capitol Hill about corporate taxes, the lawmakers set to question him are armed with a report saying his company kept billions in profits in Irish subsidiaries to pay little to no taxes to any government.
Madoff trinkets are crime museum's latest attraction
Thu, 23 May 2013 15:20:14 GMT
Bernie Madoff has joined yet another rogue’s gallery, this time an actual museum gallery. In cooperation with the FBI, his victims and members of the Madoff family, the National Museum of Crime & Punishment this week opened a permanent exhibition devoted to one of the headlining villains of the Great Recession.
T-Rex burger now extinct from Canadian Wendy's
Fri, 14 Jun 2013 18:49:50 GMT
It was no asteroid this time. This T-Rex was done in by Reddit.
Breakfast all day, Sumo-size fries - McDonald's piles it on
Thu, 6 Jun 2013 16:47:22 GMT
McDonald's wants its customers to eat more -- day or night, home or abroad. If you're a night owl, you can now get pancakes or hash browns to go with your Big Mac.
No prenup could cost oil baron billions in divorce
Fri, 14 Jun 2013 21:09:50 GMT
The divorce of oil baron Harold Hamm has had its dramatic moments. Among them: allegations that Harold was unfaithful - and a heated debate over whether the court should order his wife, Sue Ann, to turn over secret video and audio recordings she made of him at home.
Sports Biz Front Page
Car-sharing industry hits some bumps in the road
Wed, 5 Jun 2013 18:25:17 GMT
Peer-to-peer car sharing is only a few years old and as this new business model expands, it’s running into a few roadblocks. Some states are asking questions about liability issues. Most insurance companies don’t allow policyholders to rent or otherwise use their vehicle for commercial purposes.
Aviation Front Page
Job dispute offers peek into world of firearms company
Fri, 7 Jun 2013 21:49:48 GMT
A dispute involving a gun industry executive who claims he was fired after being falsely accused of bringing his weapons to work offers a peek into Freedom Group, the gun making conglomerate owned by Cerberus Capital Management LP.
Media Biz Front Page
Former Microsoft manager to create pot brand
Thu, 30 May 2013 23:01:09 GMT
A former Microsoft executive plans to create the first U.S. national marijuana brand, with cannabis he hopes to eventually import legally from Mexico, and said he was kicking off his business by acquiring medical pot dispensaries in three U.S. states.
Warren Buffett lunch, sans inside secrets, goes for $1mln+
Mon, 10 Jun 2013 15:11:29 GMT
For just over $1 million, the winner of a charity auction will get to chow down with one of the world's most successful businessmen -- Warren Buffett. But that doesn't mean the billionaire will be giving away any trade secrets.
Got water? Keeping it flowing could get expensive
Fri, 14 Jun 2013 17:16:26 GMT
America's water system—its treatment plants and pipes—is in need of very serious repair if the country is to have safe drinking water, experts say. And it won't come cheap.