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New Yorkers not ok with $4B La Guardia Airport renovation

New Yorkers are asking why La Guardia Airport is scheduled for an upgrade worth 4 billion dollars when the city's public transport system is in bigger need of repair.

Aug 03, 2015 9:50 PM EDT


Iran plans to buy 90 jets per year: old fleet to be renovated

Iran plans to rebuild its aged fleet by purchasing 90 planes per year from Boeing and Airbus, as soon as Western economic sanctions are lifted.

Aug 03, 2015 9:00 AM EDT


Breaking the glass ceiling in China: How Zhou Qunfei of Lens Technology became the only self-made richest woman in China

Lens Technology made a public offering last March with $7.2B. Behind the company is China's richest self-made entrepreneur, Zhou Qunfei.

Aug 03, 2015 1:58 AM EDT


University of Phoenix under FTC scrutiny for possible unfair business practices

After 4 years of GI Bill, the Federal Trade Commission is investigating University of Phoenix for possible deceptive and unfair business practices involving military veteran students.

Aug 03, 2015 1:53 AM EDT


Chime Communications board okays GBP365M cash offer

The sports marketing business major's shares rose over a quarter as Providence Equity Partners, WPP made an offer.

Aug 03, 2015 1:27 AM EDT


H&H Group acquired John Swan & Sons for £8.2M; shares soar by 15%

John Swan & Sons' shares went up by 15% when H&H Group officially announced they are purchasing the livestock services.

Aug 02, 2015 10:19 PM EDT


Tinder all set for an IPO in late 2015, says parent company IAC; Joey Levin named as IAC's new CEO

Dating app Tinder as well as other brands under the Match Group banner are headed for an IPO, according to parent company InterActiveCorp.

Aug 02, 2015 10:08 PM EDT


Yelp CEO announces departure of Chairman Max Levchin

Yelp has announced that its chairman Max Levchin is leaving the position to focus on his startup business.

Jul 30, 2015 10:20 PM EDT


Amazon offers Amazon Dash for $5 to Premium customers

The Amazon Dash is now available for Premium customers for only $5. The Amazon Dash, the dongle you can stick anywhere in your household for quick and convenient ordering, is now on sale exclusively for Amazon Premium customers only.

Jul 30, 2015 8:24 AM EDT


Creditworthiness of US at stake; Will cash-strapped US raise debt ceiling?

Treasury Secretary Jack Lew writes to the US government alerting it on soaring debt burden. The world's largest economy is left with no option but to raise debt ceiling or face the risk of default.

Jul 30, 2015 5:11 AM EDT


Victoria's Secret is losing $9B for casting out plus-size lingerie

The lingerie brand, Victoria's Secret is losing $9b profit upon not venturing to plus-size lingeries.

Jul 30, 2015 1:36 AM EDT


Not a quick fix: A raise in fast-food hourly wages to $15 leads to 4% increase of product prices- study

According to a study, a 4% increase of fast-food prices is the consequence of a $15 per hour minimum wage increase, while others imply that restaurant closures could be the end result.

Jul 29, 2015 11:55 PM EDT


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