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Adidas Group acquires Runtastic fitness apps for $240 million

The sportswear company, Adidas Group, bought Runtastic fitness app for $240 million. It is said that Adidas had just found a perfect partner inspiring people to stay fit and healthy and live a longer life.

Aug 06, 2015 07:29 AM EDT


JPMorgan just made it easier to borrow $3 million for a home loan

Applying for a home loan of up to $3 million seems to be a lot easier with J.P. Morgan. Manageable requirements allow borrowers to get their dream house. With the company's new policy, they will be able to provide high-quality customers with better loan terms.

Aug 06, 2015 02:52 AM EDT


Parse.ly CEO Sachin Kamdar talks about how his company achieves 150% year-over-year growth

Sachin Kamdar shares his some pointers on how his web analytics company, Parse.ly, achieved 150%-200% yearly growth.

Aug 06, 2015 02:13 AM EDT


Original Content is King to Netflix's 'World Domination' Strategy

Streaming media provider Netflix is looking to produce its own original content instead of licensing properties from studios.

Aug 06, 2015 01:47 AM EDT


Good times is coming? Wall Street's Laszlo Birinyi sees S&P 500 climbing 52% in two years

The S&P 500 has risen around 2% so far this year, and long-time stock market forecaster Laszlo Birinyi says US stocks will continue to rise. Birinyi expects the index to climb 52% by 2017.

Aug 06, 2015 02:05 AM EDT


Greek stock market reopens to huge losses after five-week shutdown, hopes to recover with upcoming bailout

The Greek stock market was forcibly closed at the end of June after the country defaulted due to its debt. Reopening after more than a month of excruciating wait, the market sees heavy losses, especially from the country’s top four banks.

Aug 06, 2015 02:08 AM EDT


Baltimore Homes Price Down, Rentals Up

Home prices in Baltimore plummeted but rentals soar due to numerous stall foreclosures. Sam Khater, deputy chief economist of CoreLogic, disclosed that in May alone 13.6% of the transactions belong to the real estate owned foreclosure.

Aug 05, 2015 11:09 PM EDT


White House hosts first-ever Demo Day for startups; KIND founder Daniel Lubetzky invested $3M on three startups owned by women

Daniel Lubetzky announced in the White House Demo Day that he's funding three health food startups; 479 Degrees, GimMe Health Food and EatPops.

Aug 05, 2015 01:30 AM EDT


Silicon Valley Bus Drivers Woes: Apple is amenable to offer better working conditions

Apple is working out with contractors for its drivers' wage hike by $27.50 an hour. Recently, Teamsters Local 853, the tech bus union protested over their unpaid downtime from morning to evening.

Aug 06, 2015 02:34 AM EDT


Greek stock market plunges sharply after re-opening

Greece's stock market plummeted when it re-opened Monday. The biggest casualties were banks which shed 30%.

Aug 04, 2015 11:56 PM EDT


Giant coal company Alpha Naturals seeks bankruptcy court protection

Alpha Natural Resources will file for bankruptcy court protection to allow them to continuously restructure their operation as well as their debt. The company believed that there is still future for them and the U.S. coal industry if they could cut down $3 billion of the company's debt.

Aug 05, 2015 11:56 PM EDT


Citibank Under Investigation: CFPB Probes Student Loan Services

Citibank admits being under investigation for student loan practices. CFPB refuses to comment regarding the investigation.

Aug 06, 2015 12:00 AM EDT


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