News and trends

NYSE Says Software Problem Led to Trading Outage
NYSE

NYSE Says Software Problem Led to Trading Outage

The nearly four-hour trading halt this week resulted from a technical problem that stemmed from new software rolled out.
Time Warner Cable Ordered to Pay Texas Woman Nearly $230,000 for 'Egregious' Robocalling
Customer Service

Time Warner Cable Ordered to Pay Texas Woman Nearly $230,000 for 'Egregious' Robocalling

Araceli King will receive $1,500 for each of the 153 robocalls she received from the company over the course of a year.
Geoff Weiss
Microsoft Reportedly Planning Major Job Cuts
Layoffs

Microsoft Reportedly Planning Major Job Cuts

The latest job cuts would be in addition to the 18,000 jobs Microsoft said it planned to cut a year ago.
Why It's OK to Sell Merchandise With the Confederate Battle Flag
Controversies

Why It's OK to Sell Merchandise With the Confederate Battle Flag

As long as people have a right to freedom of speech, businesses are free to sell whatever is still legal.
Gene Marks
Twinkies Maker Hostess Brands Shelves Sale for IPO
IPO

Twinkies Maker Hostess Brands Shelves Sale for IPO

The move underscores the growth prospects of Hostess as well as its quick turnaround.
Facebook's Sheryl Sandberg Joins Board of SurveyMonkey
Sheryl Sandberg

Facebook's Sheryl Sandberg Joins Board of SurveyMonkey

The online polling company was recently run by Sandberg's late husband, Dave Goldberg.
Amazon Must Face Trademark Lawsuit Over Search Results
Legal Issues

Amazon Must Face Trademark Lawsuit Over Search Results

A watchmaker says the online retailer's search results can cause confusion for potential customers.
Yelp Founder Said to Temporarily Call Off Sale Talks
Acquisitions

Yelp Founder Said to Temporarily Call Off Sale Talks

The company's shares fell as much as 15 percent to a two-year low on the news.
Why More Overtime Could Be Bad for Employees
Economics

Why More Overtime Could Be Bad for Employees

One study suggests that the worst impact of making more workers eligible for overtime would be not on the companies or their shareholders, but on the workers themselves.
Anne Fisher
Cisco Just Bought a Cloud-Based Security Company for $635 Million
Cyber Security

Cisco Just Bought a Cloud-Based Security Company for $635 Million

Based in San Francisco, OpenDNS provides network security services that block attacks, malware and phishing threats.
Obama Wants to Make More Workers Eligible for Overtime Pay
Legal

Obama Wants to Make More Workers Eligible for Overtime Pay

President Obama's plan would touch nearly every sector of the economy and could face legal challenges.
Supreme Court Declines to Hear Google's Appeal in Oracle Case
Legal Issues

Supreme Court Declines to Hear Google's Appeal in Oracle Case

The move means Oracle is allowed to seek licensing fees for the use of its Java programming language.
Two Uber Execs Reportedly Arrested in Paris
Uber

Two Uber Execs Reportedly Arrested in Paris

The arrests come just days after heated protests by taxi drivers in the French capital.