Nicholas Vega

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Dish Network's 4Q Profits Climb 38% as Subscribers Grow

Dish Network (DISH) posted a 38% jump in fourth-quarter profit on Friday as the pay-TV provider continued to add customers and generated more revenue per subscriber.<p>The No. 2 U.S. satellite TV company said it earned $288 million, or 63 cents per share, last quarter, compared with a profit of $209.1 …

Rebuilding Christchurch with help from around the world

On February 22, New Zealanders will mark the third anniversary of the Canterbury earthquake which killed more than 180 people.<p>The province's main city of Christchurch was devastated and will take years to rebuild.<p>Thousands of migrant workers have been recruited to fill a shortfall of skilled …

Christchurch

Fannie Mae reports $84 billion annual profit

Fannie Mae on Friday reported an annual profit of $84 billion for 2013, a banner year in which strong home-price gains in housing markets across the …

IT

Risk Is Low And Business Is Booming In The Malware Market

Malware is malicious, bad software. It's the code that cybercriminals use to steal credit card numbers and bank accounts. And the big hack against Target showed how good these criminals are getting: They've built a thriving underground where credit cards go on sale before anyone even knows that a …

WhatsApp: Facebook stock slides then recovers after news of $19bn deal

• Tech giant’s shares fell 2.5% in early trading • Acquisition of messaging service a record for Facebook<p>Facebook’s record-breaking $19bn purchase of the messaging service WhatsApp got a mixed reaction from investors on Thursday, as a sharp sell-off was followed by a rally in the social media …

Markets Are Going Nowhere After Another Huge Move In Japan

Meanwhile, everything else is quiet.<p>European stocks are a shade in the red while the US is a little bit in the green.<p>After a fairly busy day for economic data, today will be quiet, with just existing home sales coming up on the docket for the US.<p>Even then, all economic data right now seems to have …

Economic Data

A Chinese tycoon is close to buying a bygone icon of American capitalism

A Chinese conglomerate on a global buying spree is reportedly in talks to buy Forbes Media—although for much less than the Forbes family has been hoping. Fosun International—which most recently bought JP Morgan’s Chase Manhattan Plaza, Portugal’s biggest insurance company, and Club Med, a European …

Selling

Target Shoppers Shrug Off Massive Credit Card Data Breach

It’s understandable that many consumers were shocked and outraged to learn that the credit card info of tens of millions of Target customers was …

JPMorgan Avoids Showdown Over Splitting CEO, Chair Roles

JPMorgan Chase (JPM) announced an agreement to have a shareholder proposal withdrawn that would have called for the largest U.S. bank to eventually install an independent chair.<p>The banking giant also agreed with shareholders pushing the bank to commission a report describing steps the company has …

'Selfie': 2013's word of the year

LONDON -- In what was described as an unusually unanimous decision, “selfie” has been chosen as word of the year by the publishers of the Oxford English Dictionary, beating out “twerk” and a host of other Internet and social-media-related terms, such as “<p>bitcoin,” that have exploded onto the verbal …

Meteorite crash in Russia: Video of meteor explosion that stirred panic in Urals region

Meteorites