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All of the Outrageous Details from Viacom's CEO $72 Million Pay Out

Today I get to do one of my favorite things (really) which is reading a long, complicated SEC filing on CEO pay. And this one, filed yesterday, is a …

Oil up on U.S.-Iran scare, dollar; Saudi output stance cuts gains

NEW YORK (Reuters) - Oil prices rose 1 percent on Thursday on U.S.-Iran military tensions in the Gulf and speculation the dollar will fall on a monetary policy speech due from the U.S. Federal Reserve chair.<p>An oil pump is seen in Lagunillas, Venezuela, August 13, 2016. REUTERS/Jesus Contreras<p>The …

Oil

Japan Expanding Floating Wind Farm Amid Intensifying Global Race

Japan’s ambition to lead in the development of floating wind turbines is facing stiff competition from rivals in Europe -- most notably from France …

Wall Street's Risk Appetite is Making a Comeback

Wall Street’s risk takers might finally be ready to jump back into the market, and leave their safe havens behind.<p>Over the last month, U.S. equities have taken a gradually more optimistic tone, more than halving their 2016 losses. Year to date, the broader averages have seen declines of just 1%, up …

Weakness on Wall Street is hurting the market for luxury homes in the Hamptons

The average price of the 10 most expensive homes sold in this cluster of towns, villages and hamlets on Long Island's east end was $35.5 million in 2015, 20 percent lower than the $44.6 million recorded the year before, according to real estate brokers Town & Country Real Estate in East …

One Wall Street Firm Says Amazon Is About to 'Feast' on the Food and Beverage Market

While <b>Amazon.com Inc.</b> is already a force to be reckoned with when it comes to online retail, one Wall Street firm says it's about to move up the ranks …

Morgan Stanley’s Investment Bank Plans To Hire More MBAs — And Wall Street Is Following Suit

US investment bank Morgan Stanley plans to increase its hiring of MBA students, reversing a trend among large lenders to snap up undergraduate …

Morgan Stanley

IBM and Intel see gold in bitcoin platform

The common perception of bitcoin is that it’s a strange, volatile currency which few people understand. Opinions of the digital money are often …

Here's What Big Bank CEOs Have Made Since the Financial Crisis

To continue reading this article you must be a Bloomberg Professional Service Subscriber.<p>If you believe that you may have received this message in …

Toys ‘R’ Us to test junk-bond market

Wall Street has long wondered what would happen if a wave of refinancing meets with a weakened junk-bond market.<p>Toys “R” Us Inc. will be an early …

Stock Markets

China overcapacity 'wreaking far-reaching damage'

Overproduction in key industries is damaging both China's economic sustainability and foreign trade relations, a new report has warned. Now is the …

China

Toys 'R' Us Pulls Hoverboards From Website

The hoverboard is gliding off of another retailer’s e-commerce shelves. Toys ‘R’ Us has pulled the plug on the trendy gadget.<p>As Mashable reports, the …

Yelp Employee Fired After Writing Open Letter to CEO

A Yelp employee who wrote a blistering post online about her low pay was fired, and has even got her ex-CEO responding on Twitter.<p>A customer-service …

San Francisco

Five Trends That Will Shape the Future of the U.S. Economy

The White House released its annual Economic Report of the President on Monday, which summarizes the state of the economy and also provides insight to what’s on the mind of the president’s top economic advisers. The 400-page report offers a compendium of analysis and tables on a range of topics. …

U.S. Economy

First U.S. Factory OK'd For Cuba Aims To Plow A Path Into 21st Century

When President Obama travels to Cuba next month — the first visit by a sitting U.S. president in nearly 90 years — it will mark a historic step on the path to normalizing relations with the island nation.<p>While Obama is in Havana, two U.S. businessmen are hoping the president might spend some time …

Buying a Trump? Better read the fine print

<b>(CNN) —</b> J. Michael Goodson is no slouch. Remember that when you hear his claim of being duped by a Donald Trump condo project in Fort Lauderdale, Florida.<p>It started back in 2005 when Goodson, who lives outside Princeton, New Jersey, was looking for a part-time home to live in while doing business …

Donald Trump

Qantas soars to record $921m half-year profit

<b>Lower oil prices have helped Qantas post a record underlying pre-tax profit of $921m Australian dollars ($665m; £470m) for the six months to December.</b><p>The result is the best first-half profit in the Australian airline's 95-year history.<p>It was $554m higher than the same period in 2014 - an increase …

This Entrepreneur Found The Prison to Wealth Pipeline

Trump's economic plan would blow a massive hole in the budget

But as it becomes increasingly likely that Trump will win the GOP nomination in the wake of his solid victory in the South Carolina primary over the weekend, economists and budget experts are taking a much closer look at his spending and tax proposals -- and are dismayed by what they see.<p>Taken …

Asian stock markets mostly weaker as oil turns lower

SEOUL, South Korea (AP) — Asian stock markets were mostly weaker on Tuesday as the price of crude oil turned lower following a surge …

Want to clean up India? Turn trash into free Wi-Fi

Trash belongs in the garbage bin.<p>It's a simple civic lesson that has frustrated two Mumbai entrepreneurs for years.<p>"India is a country where people love to break the rules," said Raj Desai, cofounder of startup ThinkScream.<p>"We see it on the roads where no one is driving in their lane. We see it in …

Music Festivals

British companies' dividends fall behind other world markets

Dividends paid by British firms are rising at a slower rate than in other major markets, according to the latest measure of global payouts.<p>Company payments to shareholders worldwide declined by 2.2pc in 2015, according to a report by Henderson Global Investors, which runs an index to track global …

United Technologies rejects new Honeywell merger offer

<b>United Technologies has rebuffed another merger offer from Honeywell International on concerns it will not be approved by antitrust regulators.</b><p>Honeywell is said to have offered $108 (£76) per share for United Technologies last week, a more than 20% premium to the share price at the time.<p>United …

Eat Your Beer: Why A San Francisco Startup Is Making Granola Bars From Spent Brewing Grains

Dan Kurzrock was a freshman at UCLA when he started brewing beer in his frat-house kitchen. The process posed a moral dilemma for the 19-year old that had nothing to do with being under the legal drinking age.<p>To his dismay, Kurzrock, an economics major with a keen interest in sustainability, was …

kurzrock

Oil Price Enthusiasm Sends Oil Stock Higher Today

<b>What:</b> Crude oil continued its moody ways today, this time looking on the bright side and rebounding more than 6% to close at over $31 per barrel. That oil price enthusiasm took oil stocks along for a joyride, with <b>Cobalt International Energy</b> , <b>Superior Energy Services</b> , <b>Newfield Exploration</b> ,</b> …