NEW YORK, March 31- Billionaire investor George Soros and Indian entrepreneur Purnendu Chatterjee on Tuesday won the dismissal of a U.S. lawsuit in which cargo carrier TradeWinds Airlines Inc sought to have them pay a $54.9 million judgment it could not collect. District Judge John Keenan in Manhattan said TradeWinds and its former parent Coreolis Holdings...» Read More
Amazon is experimenting with a new approach: Amazon Lockers.
Kaufman’s three-year old start-up aims to solve the pesky problems of everyday life.
Tampa and strip clubs are often mentioned together, like New York City and the Statue of Liberty. Or San Francisco and the Golden Gate Bridge. Or St. Louis and the Arch.
Once hailed as the most valuable technology company to hit Wall Street, Facebook is now worth just over half what it was three months ago, with shares closing at $20.01 Monday. Wall Street analysts are openly wondering whether its chief executive, Mark Zuckerberg, has the business skills to deliver on his promises, the New York Times reports.
Early investor Peter Thiel has sold nearly all of his Facebook shares, as part of a selling plan he adopted before the company's IPO on May 18.
Crowd funding has been a buzzword in the start-up world for years. For most entrepreneurs, though, it was virtually mythological.
P90x has seen an increase in traffic in web searches since Vice Presidential candidate, Paul Ryan, revealed that he used the workout program.
Especially since Mitt Romney’s résumé became presidential campaign fodder, there has been much debate about the merits of private equity, which is known for its focus on short-term gains. The New York Times reports.
When Lynda and Stewart Resnick, the Beverly Hills entrepreneurs who founded POM Wonderful, wanted to host a dinner at their Aspen home in 2006 to talk about the Iraq war, they assembled a list of 22 A-list guests, including Queen Noor of Jordan, George Soros, the financier, and Senator Dianne Feinstein, Democrat of California. Leading the list of journalists was one of their favorite guests: Fareed Zakaria, the Indian-born Harvard Ph.D and foreign-policy specialist who had turned himself into an unlikely media star, the New York Times reports.
Facebook shares closed down more than 6 percent Thursday as the lockup expired on 271 million shares. Volume spiked, with over a hundred million shares exchanged hands by mid-day. That’s up over 160 percent from the ten-day average.
Geoff Lewis of Founders Fund says Silicon Valley is flooded with entrepreneurs starting mostly crap companies and VCs playing the momentum game, hoping that the greater fool theory will end up playing out,” Lewis said.
Small and big companies alike, including Google and IBM, have undergone name changes. Here's how to gauge if a name change is right for your business.
Instead of demanding your workers stay chained to desks, consider how to create more efficient, motivated employees.
Media companies are wary of giving too much control to Apple — look at the disaster that befell the music industry when Steve Jobs controlled all transactions. So we can expect media companies to drive a hard bargain with Apple, to prevent it from securing a monopoly on video on demand, and to protect their lucrative relationship with cable carriers.
Adrenaline junkies live on the edge — and often like to lean over it. And these days, there are plenty of businesses willing to court them.
Facebook's Vice President of Marketing Carolyn Everson spoke with CNBC, looking to get out the word about the company’s strong relationship with the nation’s largest advertisers and its efforts to grow their return on investment.
It’s a moment of truth for Facebook as shareholders evaluate whether to sell 271 million shares Thursday, as the first of several lockup period expires. That adds up to ten percent of shares outstanding.
Businesses complain that Groupon didn't pay money owed to them in a timely manner, and that caused their businesses to suffer — but Groupon says the math that business owners are computing does not point to Groupon as the cause.
Groupon is joining the ranks of the companies blaming Europe for its shortfalls. But with the stock falling as much as 20 percent after-hours, what investors are focused on is the company’s slowing growth.
From Nebraska to Oregon to Pennsylvania to New York, cities, schools and not-for-profit organizations are responding to kids' interest in the subject well before they enter college.