News and Trends

Massachusetts Hikes Minimum Wage to $11
Business News

Massachusetts Hikes Minimum Wage to $11

The state's lawmakers passed legislation that will raise the minimum wage from $8 an hour to $11, the highest minimum wage in the country.
U.S. Deals Harsh, But Not Fatal, Blow Against Washington Redskins
Business News

U.S. Deals Harsh, But Not Fatal, Blow Against Washington Redskins

Patent office rules that NFL team's name is 'disparaging' to Native Americans.
On the Heels of Cutting a Third of Its Staff, Fab Buys a Finnish Furniture Company
Business News

On the Heels of Cutting a Third of Its Staff, Fab Buys a Finnish Furniture Company

The troubled ecommerce site paid ‘tens of millions’ for an Ikea-like company that makes "Nordic interior design originals."
Dr. Oz Gets Grilled for Endorsing 'Miracle' Weight-Loss Products
Business News

Dr. Oz Gets Grilled for Endorsing 'Miracle' Weight-Loss Products

The TV host acknowledged that his backing of these products have 'provided fodder for unscrupulous advertisers.'
Your Customers Can Now Direct Message You on Yelp
Business News

Your Customers Can Now Direct Message You on Yelp

The new direct-messaging tool aims 'to ensure people never have to leave Yelp to find all the info their hearts’ desire,' the company said.
Facebook Launches Slingshot, Its Snapchat Competitor
Business News

Facebook Launches Slingshot, Its Snapchat Competitor

The new ephemeral messaging app is a familiar concept with an interesting and risky twist.
Apple Settles Over eBook Lawsuit, Avoids a Jury Trial
Business News

Apple Settles Over eBook Lawsuit, Avoids a Jury Trial

The terms, which are undisclosed, are contingent on the outcome of Apple's appeal of an antitrust ruling that it conspired with five major publishers to make eBooks more expensive.
On-Demand Grocery Startup Instacart Raises $44 Million From Big-Name Investors
Business News

On-Demand Grocery Startup Instacart Raises $44 Million From Big-Name Investors

A cross between Peapod and Uber, Instacart allows customers to select items online from their favorite grocery stores and have them picked up and delivered by locals.
Starbucks Will Fund Online College Degrees for Thousands of Employees
Business News

Starbucks Will Fund Online College Degrees for Thousands of Employees

College juniors and seniors who work more than 20 hours per week will be eligible to enroll in a tuition-free online program with Arizona State University.
Reports of Declining Entrepreneurship Are Not What They Seem
Business News

Reports of Declining Entrepreneurship Are Not What They Seem

Entrepreneurship is alive and thriving but ill-conceived startups that attracted investors in headier times, not so much.
Priceline Snaps Up OpenTable for $2.6 Billion in Cash
Business News

Priceline Snaps Up OpenTable for $2.6 Billion in Cash

The acquisition, expected to close later this year, represents the online travel company;s initial foray into the dining industry.
PF Chang's Confirms Credit-Card Breach
Business News

PF Chang's Confirms Credit-Card Breach

The restaurant chain has moved to a manual credit-card imprinting system in the wake of a security breach.
With National Rollout, Will Starbucks Make Wireless Phone Charging the New Wi-Fi?
Business News

With National Rollout, Will Starbucks Make Wireless Phone Charging the New Wi-Fi?

Starbucks and Powermat are rolling out wireless chargers nationwide – and maybe revolutionizing how we charge our tech forever.
Alibaba Breaks Into U.S. Ecommerce Market With 11 Main
Business News

Alibaba Breaks Into U.S. Ecommerce Market With 11 Main

The Chinese ecommerce giant today unveiled its first major push into the U.S. market with the launch of a website that curates small boutiques.
FDA Backs Off After Causing Stink Over Cheese Regulations
Business News

FDA Backs Off After Causing Stink Over Cheese Regulations

Recent communication from regulators sparked concerns that the government would ban cheese from being made on wooden shelves.
Amazon May Launch a Local Services Marketplace
Business News

Amazon May Launch a Local Services Marketplace

Amazon is reportedly looking beyond media, apparel, furniture and food -- and putting the call out to babysitters, handymen, birthday clowns and plumbers.
Google Just Bought a Satellite Company for $500 Million
Business News

Google Just Bought a Satellite Company for $500 Million

The acquisition will be used to improve Google Maps, and over time, could lead to global Internet access.
The Broadband Cartel and America's Entrepreneurs
Business News

The Broadband Cartel and America's Entrepreneurs

Broadband is essential for an entrepreneurial future but broadband providers are more like the electric company or Ma Bell from days past. The FCC needs to regulate them that way.
PayPal President David Marcus Jumps Ship to Run Messaging at Facebook
Business News

PayPal President David Marcus Jumps Ship to Run Messaging at Facebook

Marcus will run the messaging business for Facebook after leaving the eBay unit after three years.
Obama's Student Loan Measure: What You Should Know.
Business News

Obama's Student Loan Measure: What You Should Know.

President Obama has signed an executive order to expand eligibility for income-based repayment plans.
Illinois Outlaws Beauty Products Containing Non-Biodegradable Microbeads
Business News

Illinois Outlaws Beauty Products Containing Non-Biodegradable Microbeads

The tiny, synthetic beads -- found in facial cleansers, hand washes and toothpastes -- have been found to pollute our waters and introduce toxic chemicals into the food chain.
Amazon Will Now Manage Subscription Payments for Startups and Businesses
Business News

Amazon Will Now Manage Subscription Payments for Startups and Businesses

Forging into PayPal's territory, Amazon expands its reach with online payments.
Lego to Release a 'Female Scientist' Mini-Figure Set
Business News

Lego to Release a 'Female Scientist' Mini-Figure Set

That's right: female Lego figurines will soon do more than shop and go to the beach.
Uber Breaks a Record With Its Latest Funding Round
Business News

Uber Breaks a Record With Its Latest Funding Round

With $1.2 billion from Fidelity and others, Uber sets the bar for other private companies in VC funding.
Stephen Colbert Throws Punches at Amazon
Business News

Stephen Colbert Throws Punches at Amazon

The late-night Comedy Central host has challenged his audience to boycott the ecommerce giant for its manipulative treatment of book sales.
Company Vet David Abney Is New UPS CEO
Business News

Company Vet David Abney Is New UPS CEO

The current CEO Scott Davis will retire to become a non-executive chairman.
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