Xinyi Wu

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Marc Andreessen has sold nearly 75% of his Facebook stock in two weeks

Andreessen's spree started on October 30 and has continued via a prearranged trading plan, amounting to a grand total of 1.5 million shares valued around $160 million.<p>That's more than 73% of Andreessen's ownership of the company, Wagner calculates.<p>Andreessen, a Facebook board member since 2008, …

World Leaders Focus on ISIS at the G20 Summit

Various world leaders met this weekend at the G20 summit in Turkey. The two-day summit is generally a time to discuss economics, but as it convened …

G-20 Summit

Eurozone inflation revised up to 0.1 percent

BRUSSELS (AP) — Official figures show that inflation in the 19-country eurozone was 0.1 percent in the year to October, slightly higher than the …

Economics

London's insane housing crisis is going to drive out 26,000 families EVERY YEAR

In a report titled "Future of Sub-Market Housing" circulated to media on Monday, Savills estimates that an extra 70,000 households a year will be unable to rent or buy property at the market rate nationwide. That equates to an extra 350,000 people who will need government assistance just to find a …

Housing

Will The IMF Grant China's Currency Global Reserve Status?

The market doubts it, but it is possible that the Chinese currency, the renmimbi (RMB), may become part of the International Monetary Fund’s special drawing rights, the multilateral institutions basket currency. That could be the match the lights the renmimbi rocket in the years ahead as a global …

Economics

This Merger is Creating the World's Biggest Hotel Chain

Marriott International (MAR) this morning announced an agreement to acquire Starwood Hotels & Resorts Worldwide (HOT), in a $12.2 billion deal that …

VW, Audi to meet U.S. regulators on emissions this week: sources | Reuters

WASHINGTON (Reuters) - Volkswagen and Audi executives will meet with U.S. environmental regulators this week, ahead of a Nov. 20 deadline to submit a plan to fix nearly 500,000 diesel cars that violate pollution emission rules, people familiar with the matter said.<p>A logo of VW is pictured at a …

Environmentalism

Consumer and retail news: 10 things you need to know today

A Newport Beach, California resident allegedly pretended he had the ability to sell In-N-Out franchises — and now is reportedly going to prison. Craig Stevens said he had ambitious plans of opening In-N-Out franchises in the Middle East. With these grandiose promises, Stevens was allegedly able to …

The Most Important Financial Terms Everyone Should Know

Expense ratio. Prime rate. Amortization. As with technology, the finance world is filled with acronyms and terms that might sound alien to many …

The Essential Guide to Writing a Business Plan

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>President Dwight D. Eisenhower once said, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” If you’re starting a business, you should have a business plan regardless of whether you’re …