Ronald Groce

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Egypt's top businessman Sawiris testifies at Al Jazeera retrial | Reuters

CAIRO (Reuters) - One of Egypt’s wealthiest businessmen, Naguib Sawiris, testified for the defense on Wednesday at the retrial of two Al-Jazeera television journalists, possibly boosting their standing in a case criticized from abroad.<p>Naguib Sawiris, one of Egypt's wealthiest businessmen, testifies …

Muslim Brotherhood

McDonald's to Shutter Hundreds of Stores As it Bleeds Money

McDonald's is closing hundreds of its stores as it continues to struggle financially. The chain revealed today in its first quarter earnings report that McDonald's plans to slash costs by closing "about 220 under-performing restaurants primarily in the U.S. and China." There are also plans to …

Box opens the lid to new tools and cash to court developers

In its first corporate event since an initial public offering earlier this year, Box focused on making outside developers happy by introducing new …

Europeans Fight U.S. Trade Deal With Fear of McHospitals, Fracking Under Eiffel Tower

The Transatlantic Trade and Investment Partnership is prompting paranoia about Corporate America’s takeover of the Continent.<p>BRUSSELS — It will …

Bail For Alleged Flash Crash Trader Set At More Than $7M

A British man who U.S. prosecutors say contributed to the 2010 flash crash on Wall Street has told a London court that he opposes extradition to the U.S.<p>Navinder Singh Sarao, 36, was freed today on bail of more than £5 million (about $7.5 million). He was charged Feb. 11 in a federal criminal …

For The First Time, Researchers Edit The Genes Of Human Embryos

Rumors that this research was underway turn out to be true<p>Rumors have been buzzing for months that a team of Chinese researchers was intending to edit the genes of a human embryo. According to a study published this week in <i>Protein & Cell</i>, the rumors are true. And though the researchers took pains, …

Tickets for Floyd Mayweather-Manny Pacquiao megafight on sale soon

With 10 days to go before the megafight between Floyd Mayweather and Manny Pacquiao, the parties reached a resolution Wednesday that will allow for …

Billionaires Tony Ressler And Sara Blakely Snatch Atlanta Hawks For $730M

<b>UPDATE:</b> <i>While initial reports indicated the figure was $850 million, the actual acquisition price was $730 million, according to Forbes’ Mike Ozanian.</i><p>Billionaire Antony Ressler finally got his hands on an NBA team. Reports indicate Tony, as he’s known, led a group of investors which bought the …

Sara Blakely

Google Launches Project Fi, its Mobile Service for Nexus 6 Users

The Google mobile network is at last official: The company has launched its Project Fi service in the United States exclusively for Nexus 6 owners.<p>Detailed in a blog post, Google said Project Fi will cost $20 a month for the basic plan (talk, text, Wi-Fi tethering and coverage in 120+ countries), …