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Weak bank earnings spark anxiety about US economy

In the last two days, JPMorgan Chase, Bank of America and Citigroup all reported disappointing earnings, floundering on weak trading revenues and, in some cases, large legal expenses.<p>Wall Street reacted bitterly to the results, punishing not only the banking sector, but the broader market. The S&P …

Victims of cheap oil: Schlumberger cuts 9,000 jobs

It's yet another reminder that cheap oil isn't good for everyone: 9,000 workers have lost their jobs at Schlumberger, a company that provides tools and services for oil and gas companies.<p>The company said Thursday that the falling price of oil is the cause. It also expects to slash spending on …

20-Somethings Beware: Your Financial Confidence May Be Unfounded

Nearing 30? Get ready for your income gains to slow, your expenses to rise and — according to one new survey — your financial confidence to sink.<p>A report out this month from online financial planning startup LearnVest says that for most people financial confidence follows a predictable pattern. It …

Retirement

15 High-Paying Flexible Jobs

The option to telecommute is one that an increasing number of job seekers are factoring in to the hunt for work. The option allows employees to cut down on long commutes and quickly change projects, and often cuts costs for employers as well.<p>To determine the jobs that provide the greatest …

Employment

Architect Designs Paris of 2050 as Eco-Friendly "Smart City"

According to architect Vincent Callebaut, the Paris of 2050 could look very different than the city we know today. The architect recently unveiled plans to transform the famous locale into a futuristic “smart” city. His design is a nod to the metropolis' historical architecture as it's punctuated …

Global Crude Oil Price Narrows Gap With U.S. Crude

Save for a handful of days since 2010, Brent, the global marker, has traded at a substantial premium to the U.S. benchmark, WTI, as rising U.S. production has created a glut of oil in North America. That gap has now shrunk down to under a dollar — and inverted briefly overnight.

Oil

Russia Is Constructing An Arctic Stronghold 30 Miles From The Finnish Border

Russia has started moving troops towards a new military installation that's 31 miles from the Finnish border, Damien Sharkov Newsweek reports citing a press statement from Russian admiral Vladimir Korolev.<p>As of Jan. 13, approximately 800 servicemen from Russia's Northern Fleet had been stationed in …

Study Suggests Wi-Fi Exposure More Dangerous To Kids Than Previously Thought

Most parents would be concerned if their children had significant exposure to lead, chloroform, gasoline fumes, or the pesticide DDT. The International Agency for Research on Cancer (IRIC), part of the United Nations’ World Health Organization (WHO), classifies these and more than 250 other agents …

World Health Organization

The Most Disappointing Video Games Of 2014

2014 was a decent year for video games, but it was also a year filled with disappointments.<p>The following games aren’t necessarily the <i>worst</i> games of 2014. Indeed, some even made the Forbes Best Video Games of 2014 list.<p>There were some undeniably bad games released in 2014, but this list is comprised …

Dark Souls

Samsung Unveiled Its New Super-Cheap Smartphone – And It Sounds Like A Disappointment

The ZI was originally touted for sale in Russia in 2014 but the company pushed it to January 2015 and instead released it in India. The smartphone was made available on Wednesday and costs just Rs 5,700 ($90 or £59).<p>In a press release, Samsung writes:<p>The smartphone market in India is rapidly …

Roche seals licensing deal for antibiotic-boosting drug to battle superbugs

ZURICH (Reuters) - Roche has boosted its efforts to tackle antibiotic resistance, striking a deal worth up to $750 million with Japan’s Meiji Seika Pharma and Canada’s Fedora for a drug that can restore the power of antibiotics to combat infections.<p>The logo of Swiss pharmaceutical company Roche is …

Short courses offer hope to U.S. education companies | Reuters

(Reuters) - Short-term courses could well be the way forward for traditional for-profit education providers in the United States as they struggle to arrest the slide in enrollments.<p>Larger for-profit education companies, including Apollo Education Group Inc and ITT Educational Services Inc, have …

Asian shares meander after Wall St drifts, oil prices drop

TOKYO (AP) — Asian shares meandered Wednesday following a volatile session on Wall Street as investors remained edgy over the slump in oil …

Ruble tumbling: 'This virus of panic is contagious' | DW | 13.01.2015

<i>Your company manufactures water filters and has major production centers in Germany and Poland. You export your goods to Russia, which is a key</i> …

11 Unexpected Things to Include With Your Business Plan

<i>In their book</i> Write Your Business Plan<i>, the staff of Entrepreneur Media, Inc. offer an in-depth understanding of what’s essential to any business plan, what’s appropriate for your venture, and what it takes to ensure success. In this edited excerpt, the authors offer a list of some non-standard</i> …

US job openings jump to 14-year high; sign of strong hiring

WASHINGTON (AP) — The rapid hiring that made 2014 a stellar year for job gains is showing no sign of slowing down.<p>U.S. employers advertised the most …

MetLife seeks to extend Wall Street’s winning streak

SAN FRANCISCO (MarketWatch) — MetLife Inc.’s decision to challenge the U.S. Treasury Department over the insurer’s designation as a “systemically …

World Bank calls for quantitative easing to stop eurozone stagnation

The World Bank has warned of the risk of the eurozone sliding into permanent stagnation and urged the European Central Bank to embark on a money-creation programme to boost growth.<p>In its half-yearly health check on the global economy, the bank said there was a growing gulf in the west between the …

Economics

GoPro’s Share Price Plummets on Apple Patent News

The majority of Apple patents never become products at all–but that didn’t stop investors from ditching GoPro en masse after it was revealed that Apple had filed a patent for a product that looks suspiciously like a potential competitor.<p>As described by Apple, the device is a miniature portable …

Why These Entrepreneurs Turned Down $30 Million From Mark Cuban | Inc.com

<i>Shark Tank</i> host Mark Cuban offered a jaw-dropping $30 million to three sisters for their dating website during Friday's episode, but more surprising than the offer itself was how fast the sisters rejected the deal.<p>Entrepreneurs Arum, Dawoon, and Soo Kang came to the tank seeking $500,000 for 5 …

GM Tries to Prove Electric Cars Are Worth the Cost

General Motors hopes the new, all-electric Chevy Bolt will boost electric car sales, which are on the rise but still minimal.<p>Sign up to receive the …

iPhones are selling so well that 'Apple could give $200bn back to shareholders'

Analyst believes Apple could hike its share buyback programme to $200bn amid high demand for the technology giant's iPhones<p>Apple's iPhone 6 is selling so well that the technology giant will increase its share buyback programme to $200bn, according to Credit Suisse.<p>Kulbinder Garcha, an analyst at …

Selling

How Obamacare Could Make Tax Filing Trickier This Year

For the first time, you'll need to show that you had health insurance last year. For some, that means more paperwork.<p>In addition to the normal …

Citrix chairman joins cloud financials pioneer as CEO

Can Adaptive Insights be as disruptive to the stodgy corporate financial planning process as Salesforce has been for customer relationship management?<p>…