Business

Since the company announced its decision to go public on Wednesday, Facebook employees and early investors must be bouncing off the walls over staggering reported earnings. (Mark Zuckerberg’s reported pull? $28.4 billion with a B.) But our favorite member of the Facebook IPO instant millionaire club is undoubtedly homeless San Jose graffiti artist David Choe. [...]
Feb 3 2012 | Posted in
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Apple just had another monster quarter. In fact it had such a big quarter that the soaring stock price in after-hours trading will result in it being the biggest, most valuable company in the world. Yes, it will be even bigger than Exxon Mobil. The company’s fourth quarter earnings more than doubled from a year [...]
Jan 25 2012 | Posted in
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Movie and TV studio Lionsgate Entertainment Corp. is creating a Hollywood powerhouse focused on young adult audiences with its purchase of Summit Entertainment, maker of the teen hit “Twilight” series, for $412.5 million, which the companies confirmed Friday. The cash and stock deal brings the “Twilight” franchise — which has grossed more than $2.5 billion [...]
Jan 14 2012 | Posted in
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A Central Harlem community board is consdering a plan to require all new bars and restaurants to stop serving liquor at 2 a.m., two hours earlier than normal. The proposal has divided Community Board 10 down the middle. Some members believe the requirement would put new businesses at a competitive disadvantage to established businesses that [...]
Dec 12 2011 | Posted in
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Sep 26 2011 | Posted in
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Place your bets! Top Albany lawmakers are ready to approve Las Vegas-style casinos for New York state — including the city. Both Assembly Speaker Sheldon Silver and Senate Majority Leader Dean Skelos have individually told The Post that they would back a constitutional amendment legalizing slots, table games and card games in New York — [...]
Sep 19 2011 | Posted in
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Current and former residents at a luxury building in Philadelphia partly owned by hip-hop star Jay-Z say the music mogul’s legal team has been relentlessly harassing them to leave until they give up and vacate the premises, FoxNews.com has learned. “I’m scared of Jay-Z,” says a tenant of 603 North American Street, who [...]
Sep 9 2011 | Posted in
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Jay-Z may be facing more problems surrounding his 40/40 Club. Jay opened a Las Vegas location a few years back that didn’t last long, and Jiggaman was sued by workers from his club’s flagship New York City location in 2008 for allegedly violating minimum wage laws. Now, that same spot is under fire again, this [...]
Sep 5 2011 | Posted in
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Behind Gisele Bundchen and Tom Brady, Hov and Bey come in as the second highest-paid celebrity couple for this year’s Forbes top earning list, but numero uno musically with a combined total of $72 million. From May 2010 to May 2011, the misses racked in $32 million mostly from endorsement deals from Dereon to L’Oreal, while her [...]
Aug 21 2011 | Posted in
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Before we all partake of the high holiday of 4/20, there is another annual event that isn’t so joyous to stoners – or anyone else for that matter – Tax Day. Sure it’s extended three days this year until April 18, but it’s coming just the same. But at least when you pay your taxes, [...]
Apr 11 2011 | Posted in
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NEW YORK (CNNMoney) — Look out, Four Loko. There’s a fruity-booze rival coming to the market — Blast from Colt 45 — and rapper Snoop Dogg is its pitch man. Blast, produced by Pabst Blue Ribbon’s Colt 45, is an alcoholic drink but does not contain caffeine, the ingredient that got Four Loko and a [...]
Apr 3 2011 | Posted in
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AT&T and Deutsche Telekom have just entered into a definitive agreement for the sale of T-Mobile USA for $39 billion in cash and stocks. The combined customer base of this upcoming GSM behemoth will be 130 million humans, though the agreed deal will have to pass the usual regulatory and closing hurdles before becoming complete. [...]
Mar 20 2011 | Posted in
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