Carlos Zuleta

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LeBron James Is The NBA's Leading Shoe Salesman

LeBron James is in the hunt for a second straight NBA championship after leading the Miami Heat to an NBA-best 66 wins during the regular season. It has been a wildly successful 12-month run for King James, as he established himself as the NBA’s biggest star since Michael Jordan. James led the Heat …

IMF chief Christine Lagarde grilled by French court over €400m state payout

Christine Lagarde’s future as International Monetary Fund chief hangs in the balance after a Paris court grilled her over a €403m (£345m) state payout to a disgraced tycoon.<p>Ms Lagarde was questioned over her role, while she was French finance minister, in the huge payment to Bernard Tapie, a …

Corruption

Craigslist's Anti-Consumer Lawsuit Threatens to Break Internet Law

Craigslist is one of the best examples of the Internet’s sharing economy. Craigslist improves markets by helping buyers and sellers find each other. Remarkably, it offers most of its matchmaking services for free, reducing transaction costs to matching buyers and sellers and expanding the zone of …

If cable is dying, then why is it still making so much money?

Every few weeks, some tech writer holds up a media analyst report allegedly showing, once and for all, that the cable guys have finally lost, and the cord-cutters have finally won. One week, that report might come. It will really be something.<p>This is not that week.<p>Let’s start with news that might …

Time Warner

Tesla’s loan payback deprives US of stock options worth $270 million

When Tesla Motors paid off its $451.8 million US government loan four years early, the Silicon Valley company gave a boost to the Obama administration’s much-maligned program to jumpstart the electric car industry. But the payback comes with a financial cost to the US: The government gave up …

Tesla

Apple’s $1.1 billion worth of tax breaks it doesn’t expect to get away with

Apple was under scrutiny this week for allegedly dodging corporate income taxes on big chunks of its profits in recent years, much of it through controversial but perfectly legal maneuvers involving overseas subsidiaries.<p>But the company freely admits that it hopes to benefit from hundreds of …

Taxes

Stocks dip after Japan dives 7.3%

U.S. stocks tanked early Thursday, following a 7.3% plunge in Japan stocks, but then reversed course and benchmark indexes ended only modestly lower for the day.<p>The Dow Jones industrial average sank more than 125 points after the opening bell but trimmed those losses considerably by the close, …

Watch Out, Spotify: Google Might Want In on Streaming Music

This article is from the archive of our partner .<p>Google, possibly eying subscription music streamer Spotify's 6 million paying users, may be …

The Pace Of Hiring In America Is Virtually Unchanged Since The Recession

We are clearly seeing signs of stabilization in the US labor markets as new unemployment claims march toward pre-recession levels (though obviously not there yet). Also as we saw today, small businesses have been increasing the numbers of employees (see Twitter link).<p>However, the nation's labor …

Obama Student Loan Policy Reaping $51 Billion Profit

The Obama administration is forecast to turn a record $51 billion profit this year from student loan borrowers, a sum greater than the earnings of the nation's most profitable companies and roughly equal to the combined net income of the four largest U.S. banks by assets.<p>Figures made public Tuesday …