The Federal Reserve announced the results of its latest all-important Open Markets Committee meeting on Wednesday afternoon, and they're exactly the same as last month's results — but with three important changes. For market watchers, these three sentences mean everything. So how should they be interpreted?
Lululemon tried to make a scapegoat out of the Taiwanese company that manufactured a recent batch of see through yoga pants. Bad idea. Said supplier is now suggesting that Lululemon made the whole thing up.
When CNN went to confirm Silicon Valley's diversity problem with actual Silicon Valley companies, most of them refused to share employee data. And sharing diversity numbers — or a lack thereof — is exactly how you fix a diversity problem in the tech world.
Over the weekend overpriced yoga pants peddler Lululemon announced that it wouldn't be able to sell an entire batch of bottoms, after some manufacturing glitch made them too thin (read: see-through).
Roger Ailes, president of Fox News and maker of sinister expressions, shows his true colors in a new biography, Roger Ailes: Off Camera, by Zev Chafets. We've seen them before.
The paper has a "new" way to make money off its "savvy" readers: This summer, it will adopt a metered paywall system that's very similar to The New York Times — and, just like the Times, actually savvy readers will find a way to access it for free.
Global markets are on edge today after it was learned over the weekend that Cyprus would be getting a bank bailout from the European Central Bank, along with a very controversial provision that could hurt every citizen in the country.
The Speaker of the House talks with Martha Raddatz about the state of his relationship with the President, while Paul Ryan defends his budget from the criticisms that it's old, boring and a recycled campaign documents.
Hours after that $500 million Avis merger became official, the ZipCar CEO Scott Griffith announced his departure from his car-sharing helm, which could signal the beginning of the end of the beloved short-term rental service.
And then there were nine. Only nine! We have miraculously reached the single-digits phase of America's longest and most punishing singing competition, and that is something to celebrate.
The bidding war for Tribune Company newspapers, including the Los Angeles Times and the Chicago Tribune, looks to have another moneyed influencer beyond the Koch brothers and Rupert Murdoch.
China's longstanding effort to solidify claims to various disputed areas has prompted a focus on an unexpected threat: Coke. The concern is probably overblown, though, given how much worse spying pays than selling soda.
Odds that the story behind InTrade's collapse will get more interesting just keep on rising: One possible reason the firm suddenly shut down may be the recent discovery of millions in undocumented payments to John Delaney.
Longtime Vogue editor just got a promotion of sorts. On Wednesday, Condé Nast is expect to announce Anna Wintour's new role as artistic director of the entire company.
Just a week after he topped the Forbes list of the world's richest people, Carlos Slim faces a sweeping new set of regulations in the telecommunications market which he controls almost exclusively.
But don't worry, they are coming back: the new Hostess sale will put everyone's favorite processed guilty pleasure back on store shelves by summer. Those bakery jobs, well, yeah, they're not coming back.
The Koch brothers are reportedly considering a bid for the Tribune Company newspapers — focusing on the crown jewels of the L.A. Times and Chicago Tribune, or at least what jewels of power are left in the flailing newspaper industry — but they may face stiff competition in the form of a debt-free, full pocketed media power player named Rupert Murdoch.
Spring Breakers, writer/director Harmony Korine's lurid and violent fever dream, is grotesque in a way, but it's also alluring; if not exactly sexy, it's certainly an effectively tantalizing image of youthful indulgence.
Bad news for gamblers: The shuttering of InTrade leaves you only the stock market, futures markets, casinos, and other predictive markets on which to blow your time, your money, or both. Assuming, of course, that you understand the difference between all of those things. If you don't, we're here to help.
No one puts the activist in "activist investor" quite like Carl Icahn, who just won the latest round in the fight over Dell computers — just one of his many, many attempts to bend major corporations to his will.
I'm going to go out on a limb here and say that Sunday's episode of Girls was about pain. Physical, mental, and emotional pain, and all three, together. And most of all, the pain of watching people in pain.
The popular however inevitably controversial online betting site InTrade shut down abruptly on Sunday, citing an ongoing investigation and casting skepticism on Irish law in a vaguely worded statement.
Here's a not-so-happy fact: "The 30 Happiest Facts of All Time," the biggest hit of the week on BuzzFeed, which has been caught before lifting its highly shareable feel-good listicles from Reddit, was mostly plagiarized from a month-old Reddit thread "Reddit, what is the happiest fact you know?"
The mood is "lighter" since Time Warner's deal to spin off all 21 titles in its magazine division collapsed this week, even though the new plan — spinning off the publishing branch into a publicly traded company valued at just $2.50 per share — should have nobody calming down.
After reading Sheryl Sandberg's "feminist manifesto" Lean In, you get the eerie impression that she knew what her critics would say.
About that proposed $24.4 billion buyout of Dell: the notorious shaker-upper doesn't like the sound of the deal, so it looks like he's gone and bought up a big stake to get his way — in very Icahn-ish fashion, of course.
Did you really believe that Al Gore would get away with selling Current TV to Al Jazeera for $500 million without getting sued? Silly optimist.
Since talks fell through with the Meredith Corporation on Wednesday afternoon, Time Warner has decided to spin off Time Inc. and all 21 of its magazines into a separate company.
Unless they're independently wealthy, I don't believe anyone should work for free. However, I will admit that I have written for free. And I continue to do so somewhat compulsively.
The European Commission has fined Microsoft $731 million for breaking an anti-trust promise, setting a strong precedent for how things can go for Google in its European anti-trust investigation.
So Best Buy announced this week that it, too, will start making its workers come in and — well, well — nobody is calling new white-male CEO Hubert Joly a bad feminist yet. What gives?
Why would the controversial political advocacy organization sponsor a NASCAR race? The same reason a regional headache remedy would: It's cheap.
After the success of its multi-chapter, multimedia avalanche story, the Times today has given the online splash-page treatment to another graphics- and info-driven story, Dennis Overbye's "Chasing the Higgs Boson."
Moments after the opening bell rang at the New York Stock Exchange on Tuesday, the Dow Jones Industrial Average busted through its all-time high water mark.
Lamborghini unveiled its hotly anticipated new supercar, the Veneno, at the Geneva Motor Show in Switzerland on Monday, proving once and for all that the Italians are the emperors of pretty but entirely impractical things.
Forbes has just released the 2013 edition of its world "Billionaire's List", and while the names at the top are mostly familiar, the ranks of the elitest of the elite continue to grow.
Former Current TV chief news officer and host Keith Olbermann is talking to the head honchos at ESPN, possibly about rejoining the sports news giant where he worked from 1992 to 1997.
On Sunday, Swiss voters approved a new "fat cat initiative" aimed at overpaid executives and the big corporations they work for.
For the first time since 2006, Goldman Sachs hosted one of its famous partners galas, and we know all about the lavish affair thanks to... Instagram, meaning the recession has officially ended and photo sharing apps are legitimate reporting tools.
Today in celebrity gossip: A CNN star needs more money, it's Justin Bieber's birthday, and Christian Slater went to the Everglades.
European antitrust regulators have pried NOW That's What I Call Music! from Universal Music Group's hands, ensuring they won't reap any more profits from one of the music industry's perennial bestsellers.
Considering Bloomberg Businessweek's generally stellar covers, a lot of people are wondering how exactly this one with its absurd caricatures and racial undertones got through the editorial process.
Many people have noticed the GOP is increasingly becoming a southern party. So has New York Republican Peter King. The congressman is getting tired of his colleagues insulting his state and then begging it for money.
Nook sales took a nosedive last quarter, reminding Barnes & Noble executives that their luddite brick-and-mortar business still holds value. Ironically, the most stable route forward for the company right now seems to be sticking with physical rather than digital retail.
A lawsuit against "Girls Gone Wild" founder Joe Francis has forced the softcore video company he created to file for bankruptcy.
The acclaimed filmmaker makes the liberal's case for watching Fox News
When Gary Mead sent notice of his planned resignation to colleagues, it's likely he didn't expect that the move would almost instantly become a furious topic in the boiling debate over the sequester.
A day after a group of prominent Republicans joined a Supreme Court battle over gay marriage, dozens of major American corporations, including Facebook, Apple, and Intel, announced they would also side with the pro-equality forces in court.
A group of new lawsuits contends that Budweiser brands, from Bud Light Platinum to Michelob Ultra, make the beer giant the king of watered down beers. Somewhere, beer snobs are snickering — maybe even to the tune of $15 million.
Least compelling of all the arguments against Yahoo CEO Marissa Mayer's new tyrannical order — outlawing permanent work-from-home arrangements for her employees — come from people who feel like their particular work-life patters are about to be upset .
The Senate got their successful cloture vote on Tuesday afternoon, finishing the filibuster of Chuck Hagel's nomination to be Secretary of Defense — and clearing the way for a successful vote on his confirmation, 58-41.
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