Economy
Detroit Michigan Bankruptcy Moves Forward
U.S. Bankruptcy Judge Steven Rhodes turned down objections from unions, pension funds and retirees and opined the city of Detroit is eligible for Chapter 9 bankruptcy protection.
"This once proud...
Doug McMillon Named as New CEO of Wal-Mart Stores, Inc.
The Wal-Mart Stores, Inc. board of directors elected Doug McMilon to succeed Mike Duke as the company Chief Executive Officer. Mr. Duke was immediately placed on the board of...
Businesses that Are Changing the World
Sophie Imas reports that Israel has been coined the “Startup Nation”; the country with the highest concentration of startups in the world. Over the past 63 years, thousands of...
Start Ups of 2013 Videos
The Wall Street Journal announced in June, 2013 the 24 startups chosen by WSJ editors to participate in 2013 'WSJ Startup of the Year,' an episodic video
documentary for WSJ Live, the Journal's online...
U.S. Jobless Claims Drop In Some Areas
The U.S. Department of Labor released a report stating average jobless claims has dropped but not all areas are seeing improvements. California (+3,715), Ohio (+1,270), Texas (+1,151), Pennsylvania (+999)...
Red Sox Owner to Buy Boston Globe
The New York Times Co. has agreed to sell the Boston Globe and assets for $70 million to John Henry, owner of the Boston Red Sox. As pointed out...