| Feb 2, 2014
"We know that the nation that goes all-in on innovation today will own the global economy tomorrow. This is an edge America cannot surrender," President Barack Obama said in last week's State of the Union address, making specific references to Google,...
| Jan 30, 2014
| 5:13 PM
Under Armour finished 2013 with "eye-popping" quarterly results that beat sales and profit expectations and sent its stock price surging Thursday nearly $20 a share to over $100.
Shares in the Baltimore-based apparel and footwear brand rose $19.54 each...
| Jan 28, 2014
| 4:32 PM
You might have heard that Honda is a net U.S. exporter, sending more U.S.-built cars to international markets than it imports into the U.S. for sale. But don't take the news at face value. Here's why. The automaker, which includes......
| Jan 27, 2014
| 12:30 PM
LONDON -- BBC Worldwide will launch a new channel called BBC Brit, CEO Tim Davie said Monday. He also reported that it is on track to invest £200 million ($332 million) in premium content in the next financial year.
BBC Brit will offer premium factual...
| Dec 12, 2013
| 1:06 PM
Touted as an awards front-runner since early autumn, British director Steve McQueen finally garnered Golden Globes love Thursday for his searing depiction of antebellum plantation life in “12 Years a Slave.”
The Hollywood Foreign Press Assn....
| Dec 11, 2013
| 10:30 AM
Despite perceptions that the publishing business is troubled, or even facing the same tumult of the music business, the CEO of HarperCollins said that the growth in digital book sales were improving margins and even royalty rates for authors, and even...
| Jan 20, 2014
| 4:45 PM
As business and political leaders gather in Davos, Switzerland, to discuss the improving world economy, new evidence emerged about how much the rich have become richer — and how much further the poor are falling behind.
The 85 richest people on...
| Jan 20, 2014
| 6:23 AM
The 85 richest people on Earth have the same amount of wealth as the bottom half of the population, according to a new report that highlights growing income inequality as political and business leaders gather for the annual World Economic Forum in Davos,...
| Jan 17, 2014
| 6:25 AM
Worsening income inequality is the risk most likely to cause serious damage around the globe in the coming decade, the World Economic Forum said in a report ahead of its annual gathering in Davos, Switzerland, next week.
The widening gap between rich...
| Jan 15, 2014
| 5:50 AM
WASHINGTON -- The global economy is at a turning point this year as it shows signs of strengthening, with the U.S. and other developed countries expected to see stronger growth, the World Bank said.
"Most of the acceleration is expected to come from...
| Jan 2, 2014
A friend recently got stuck when he tried to explain to his son, who was struggling to find a job, how our economy got to be the way it is. He asked my help since I am a well-known crank on the matter. I offered him three short anecdotes: