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Top News: Business

Op-Ed: Wisdom consists of the anticipation of consequences

After triggering a buy-sell clause in a deal with Michael Jackson’s estate, Sony appears ready to sell its half of the world’s biggest music publisher – Sony/ATV Music Publishing (a company worth about $2 billion).

Op-Ed: This week, companies begin reporting third quarter results

Tomorrow afternoon the Fed will release the minutes of their September FOMC meeting where the Fed did not raise interest rates. That decision has been described as a close call. Tomorrow we’ll get a better idea just how close.

US Volkswagen chief admits knew of emissions problem in 2014

Washington - Volkswagen's US chief revealed he knew more than a year ago that the group's cars possibly breached pollution rules, as he prepared to apologize Thursday before Congress over the massive scandal.

Op-Ed: Being powerful has its downside - you're trusted less

Many people seek power, whether this is control over others or economic might. Being seen as powerful can have its downsides, including being seen as less trustworthy by others with similar power.

Pandora buys Ticketmaster competitor Ticketfly for $450 million

Pandora Media, the largest internet radio company, is moving into the ticketing business. Pandora has decided to buy Ticketfly, an independent firm that competes with Ticketmaster.

Op-Ed: U.S. economic slowdown ahead

Officially joining the 0 percent bond club, the U.S. Treasury sold a new government security on Monday containing a three-month maturity and a yield of zero for the first time on record.

Op-Ed: Bernanke — More corporate criminals should have gone to jail

“It would’ve been my preference to have more investigation of individual actions because obviously everything that went wrong or was illegal was done by some individual, not by an abstract firm,” he continued.

EU agrees greater transparency on tax deals after LuxLeaks scandal

Luxembourg - EU ministers agreed on Tuesday to a mandatory system for national authorities to automatically exchange information on secret tax deals made with multinationals, a decision made in the wake of the LuxLeaks scandal.

How you can get settlement money from LinkedIn

LinkedIn recently settled a lawsuit over a feature on its site that sent too many emails to members without their agreement.

IMF meets in hostile territory of Latin America

- The International Monetary Fund faces a chilly reception as it meets this week in Latin America, the region that has been most hostile toward its policy prescriptions.

12 Pacific countries seal huge free trade deal

Atlanta - Twelve Pacific rim countries sealed the deal early Monday on creating the world's largest free trade area, delivering President Barack Obama a major policy triumph.

Air France executive 'almost lynched' in job cut protests

Paris - Air France's human resources manager had his shirt stripped from his body as he was "almost lynched" on Monday by workers protesting a plan to cut 2,900 jobs from the struggling airline.

OECD reveals plan for tax clampdown on multinationals

Paris - The world's advanced economies announced Monday a long-awaited plan to close the loopholes on tax-avoiding multinationals that cost countries more than $100 billion a year, declaring: "Playtime is over.

Soulless roundabout at EU's heart awaits transplant

Brussels - On a blustery afternoon three German tourists emerge from the Brussels metro, seeking the very heart of Europe in all its grandeur.

Op-Ed: What you need to know about Friday's U.S. jobs report

Normally, the August jobs number is revised higher, not lower. Because of education related jobs and other variables, the August report has been notorious for upward revisions; typically at least 35,000 positions are added to the initial count. Not today.

Op-Ed: Before the deluge: The economic picture

The third quarter was ugly for stocks, but there were a few winners. More than 3 dozen companies in the S&P 500 posted double digit gains for the quarter.

France joins worldwide probes into Volkswagen scandal

Paris - Adding to a raft of investigations worldwide, Paris prosecutors have launched a preliminary investigation into possible fraud over the pollution-cheating software installed in diesel engines by German auto giant Volkswagen, a judicial source said Frida...

Digicel wants Google to pay up or it will block its ads

A mobile carrier in Jamaica wants Google, Facebook and Yahoo to pay money or they will block their ads from being shown to its customers.

VW says probe into pollution scam to take months

Frankfurt - Embattled auto giant Volkswagen said Thursday an investigation it has commissioned into its massive pollution cheating scandal would take several months, as Australia became the latest country to warn the company it could face huge fines.
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