Business Insider This graphic shows how out-of-control San Francisco housing prices have gottenBusiness InsiderIf you're at all attuned to America's real estate market, you've heard about San Francisco's ongoing housing crisis. Residents have been doing crazy things to survive the sky-high cost of living, from camping out in Google's parking lot to taking up …Here's […]
Washington Post Iowa at center of debate over 'shadow insurance' dealsWashington PostIOWA CITY, Iowa — For cash-strapped life insurance companies, the deal sounds almost too good to be true: A state law allows them to create complex financial instruments to transfer liabilities to new subsidiaries, instantly wiping huge debts off …Insurance rate hikes approved for […]
CNBC Most Asia markets head higher, but Nikkei wavers between gains and lossesCNBCMost Asia markets traded higher on Tuesday, while Japanese shares wavered amid a muted reaction to better-than-expected economic data. The benchmark Nikkei 225 traded flat at 16,735.78, while the Topix was up 0.03 percent, with the indexes wavering …Asia stocks bounce, investors no clearer […]
New York Times Alphabet executive steps down from Uber board amid growing competitionBusiness InsiderSAN FRANCISCO (Reuters) – Alphabet executive David Drummond, who has been a director on the Uber Technologies Inc [UBER.UL] board for close to three years, has stepped down, the ride-hailing firm confirmed on Monday. The move is a signal of …Uber, Alphabet autonomous […]
Belfast Telegraph Apple's Day of Reckoning Comes With Billion-Euro Tax RiskBloombergThe European Union is expected to conclude Tuesday that Ireland provided Apple Inc. with illegal aid through a favorable tax arrangement, a decision that may cost the iPhone maker billions of euros and stir concern among hundreds of other companies.Brussels clawback: the Apple tax dispute […]
Los Angeles Times Four human trafficking bills to help victims swept into the legal system head to Gov. Jerry BrownLos Angeles TimesThe state Assembly on Monday sent four bills to Gov. Jerry Brown that aim to provide services to human trafficking victims swept into the legal system. Measures to curb the forced trade of sex […]
Wall Street Journal US Stocks Rebound, as Financial Shares RallyWall Street JournalU.S. stocks advanced in the lightest day of trading so far this year. Monday's broad gains wiped out Friday's losses, which came after Federal Reserve Chairwoman Janet Yellen said that the case for an interest-rate increase had improved. But some …STOCKS RALLY: Here's what […]
Wall Street Journal Mondelez Drops Offer for HersheyWall Street JournalOreo cookie maker Mondelez International Inc. MDLZ -0.05 % ended its pursuit of Hershey Co. HSY 0.71 % after the famed chocolatier rebuffed its latest acquisition offer, putting an end to a monthslong takeover campaign that would have created the world …Mondelez abandons pursuit of US […]
Wall Street Journal American Airlines President Moves to United ContinentalWall Street JournalThe president of American Airlines Group Inc., AAL -0.17 % who was let go on Monday with more than $13 million in severance pay, is immediately taking up the same senior role at rival United Continental Holdings Inc., UAL 0.17 % in one of […]
Dallas Morning News As labor tensions simmer, Southwest Airlines and its pilots take big step towards a new dealDallas Morning NewsSouthwest Airlines pilots leave after staging pickets to protest the drawn-out negotiations over a new labor contract at the corner of Mockingbird Lane and Cedar Springs Road in Dallas, Wednesday, Feb. 3, 2016. (Jae S. […]