Josh Ellison

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60 bodies recovered in Nepal valley hit by quake, mudslide

KATHMANDU, Nepal (AP) — Emergency workers have recovered the bodies of 60 people — including nine foreigners — who were killed when Nepal's earthquake triggered a mudslide that buried a village in the scenic Langtang Valley popular with tourists.<p>Residents of the village, also called Langtang, said …

Natural Disasters

Britain could legitimize Bitcoin through regulation

It’s been a good week for Bitcoin.<p>In addition to Blocksign’s Bitcoin-based electric signature launch on Tuesday, Britain’s Chancellor of the Exchequer, George Osborne is signaling that the UK wants to regulate Bitcoin, or virtual currency systems like it, as legal, digital cash, reports the Daily …

Already Backed With Millions, Startups Turn To Crowdfunding Platforms For The Marketing

It took more than a year for 23-year-old James Proud to finally talk about his new company in public. Typically reserved, the tech entrepreneur, who sold his first startup at 20, had spent the last 18 months building Hello Inc. in relative silence–no website, press releases or tweets.<p>Last month, …

Uber temporarily cuts fares 20% in New York

Number of the day<p>20 percent<p>That's how much Uber Technologies is temporarily cutting fares for its UberX taxi-like service in New York. The price reduction will make it a cheaper option than hailing a yellow cab in the Big Apple, according to Uber. The San Francisco startup has faced protests by …

Why do they still have floor traders at the NYSE?

July 04, 2014 | 11:15 AM<p>Embed Code<iframe src="https://www.marketplace.org/2014/07/04/business/ive-always-wondered/why-do-they-still-have-floor-traders-nyse/popout" frameborder="0" width="100%" height="240px"></iframe><p>Copy<br>• Close<p>Embed Code<iframe …

Stock Markets

Activist Hedge Fund Buys Large Stake In Struggling World Wrestling Entertainment

Eminence Capital disclosed Monday it had taken a 9.6% stake in World Wrestling Entertainment. Eminence last year waged a successful activist campaign to merge Men's Wearhouse and JoS. A. Bank.<p>World Wrestling Entertainment could potentially be put in a chokehold by hedge fund Eminence Capital, which …

5 markets with the best (and worst) potential for landlords

Slide 1 of 12<p>Plenty of Americans dream of buying a rental property and watching the returns pour in every month. But that’s a far more viable dream …

Real Estate

How Bitcoin Is Changing Online eCommerce

Within the last six months bitcoin has been steadily increasing its mainstream process. Stores like Overstock, Lord & Taylor, TigerDirect, Virgin Galactic and earlier this week NewEgg all are now accepting the digital currency. But, after it was announced that Dish Network would be accepting …

U.S. launches sale of $17.2 million of bitcoin seized in raid

The federal government is accepting bids Friday for nearly $17.2 million worth of bitcoin booty.<p>The auction, which takes place over 12 hours starting …

Report: World Cup fan stabbed at Fan Fest in Rio

RIO DE JANEIRO (AP) — A World Cup soccer fan watching a match at the FIFA Fan Fest viewing area on Copacabana beach has been stabbed in the leg during an attempted robbery.<p>The O Globo newspaper reports on its website that Claudia Costa was attacked Saturday by a group that has carried out such …

Arts Store Michaels Fails To Sparkle In Nasdaq Debut

After pricing shares at the lower end of its previously-announced range, The Michaels Companies — owner of the eponymous arts and crafts retail chain Michaels as well as framing chain Aaron Brothers — has failed to sparkle in its Nasdaq debut Friday morning, with shares in negative territory after …