Business & Education

Business
4:08 pm
Thu October 31, 2013

Delta CEO: Washington's Fiscal Gridlock Is Holding U.S. Back

Originally published on Thu October 31, 2013 5:01 pm

With economic uncertainties in Washington, how is big business planning for the future? Robert Siegel talks to Delta Airlines CEO Richard Anderson about whether he's planning to grow his company or put off investments until the economy evens out.

Economy
4:08 pm
Thu October 31, 2013

Economic, Political Volatility Cloud Housing Recovery

Despite a strong housing market this year, experts say the recent economic drama has contributed to less stability in real estate.
Steven Senne AP

Originally published on Thu October 31, 2013 7:30 pm

Housing has been one of the bright spots in the economy this year. This week, a report showed that home prices in the top 20 cities continued their robust upward march in August. There are also far fewer foreclosure sales and other signs of distress in the market.

But the Federal Reserve expressed concern Wednesday about the slowing housing market. Pending home sales fell far more than expected. And housing experts are bracing for some volatility.

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Parallels
3:12 pm
Thu October 31, 2013

Thinking Of Working Abroad? Read This

This is one reason why Thailand is so popular with expats: Michal Navratil of the Czech Republic dives during the 2013 Red Bull Cliff Diving World Series in Krabi, Thailand, last week.
Dean Treml Red Bull/Getty Images

Originally published on Fri November 1, 2013 10:33 am

Thinking of living and working abroad for the experience? For those already doing it, Asia seems to be the preferred destination.

The HSBC 2013 Expat Survey asked 7,000 expatriates in 100 countries to rate nations on three factors: economics, experience and raising children.

China topped the list, followed by Germany, Singapore, Cayman Islands and Australia. The U.S. was No. 12.

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Parallels
3:11 pm
Thu October 31, 2013

The Billionaire Who Personified Brazil's Boom Goes Bust

Batista appears with Brazilian President Dilma Rousseff during a ceremony in celebration of the start of oil production by OGX, Batista's oil and gas company, in 2012. The company filed for bankruptcy Wednesday.
Ricardo Moraes Reuters /Landov

Originally published on Thu October 31, 2013 5:14 pm

He was boastful, he was brash and he came to represent a booming Brazil that was finally taking its place as an economic powerhouse on the world stage.

Eike Batista had the cars: a Mercedes McLaren worth a quarter of a million dollars parked in his living room; the boat, called "the Pink Fleet," and the women: He was married to a former Playboy model and a Carnival queen.

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The Salt
2:08 pm
Thu October 31, 2013

Candy Sales Are Flat; The Industry Blames The Weather

Halloween candy is offered for sale at a Walgreens store on September 19, 2013 in Wheeling, Illinois.
Scott Olson Getty Images

Halloween candy sales have been flat over the last few years. And candy makers point to several reasons, including one I hadn't thought of: bad weather.

"The past two years have been plagued with major weather disruptions in key celebration regions," Jenn Ellek of the National Confectioners Association tells us in an email.

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The Two-Way
10:09 am
Thu October 31, 2013

FAA Says Fliers Can Safely Use Most Electronics

Leonardo Patrizi iStockphoto.com

Saying it has "determined that airlines can safely expand passenger use of Portable Electronic Devices (PEDs) during all phases of flight," the Federal Aviation Administration announced Thursday that it is advising airlines they can let fliers use their much-loved e-books, tablets and other handhelds "gate-to-gate."

Cellphone calls, however, would still be prohibited.

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The Two-Way
8:08 am
Thu October 31, 2013

Jobless Claims Dip For Third Straight Week

Originally published on Thu October 31, 2013 9:37 am

The number of Americans filing first-time claims for unemployment insurance fell by 10,000 last week, to 340,000 from 350,000 the week before, the Employment and Training Administration said Thursday.

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The Two-Way
6:41 am
Thu October 31, 2013

Book News: Jane Austen Bank Note Dinged As 'Airbrushed Makeover'

The governor of the Bank of England, Mark Carney, displays the concept design for the new 10-pound banknote featuring author Jane Austen.
Getty Images

Originally published on Thu October 31, 2013 8:48 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Business
5:50 am
Thu October 31, 2013

Nintendo Reports More Losses

Originally published on Thu October 31, 2013 6:22 am

Nintendo, the world's largest video game company, reported its third quarterly net loss in a row — the latest was just over $81 million. The Wii U gaming console's disappointing sales are the main culprit. It has sold just 5 percent of what Nintendo had projected a year ago.

Business
3:01 am
Thu October 31, 2013

Providence Kindles Love Of Horror Writer H.P. Lovecraft

An artists's rendition of pulp-fiction writer H.P. Lovecraft is just one example of the author's growing popularity.
The Lovecraft Anthology

Originally published on Wed November 6, 2013 10:42 am

Pulp-fiction writer Howard Phillips "H.P." Lovecraft has for decades terrified an underground following of readers with horror stories about monsters and aliens. He's known to some as a bad writer, and to many as a racist. Even during the author's lifetime, his readership was limited.

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All Tech Considered
3:00 am
Thu October 31, 2013

Add Security To The List Of HealthCare.gov Tech Issues

Rep. Mike Rogers, R-Mich., asks about website security questions Wednesday at a House Energy and Commerce Committee hearing on problems with HealthCare.gov.
Chip Somodevilla Getty Images

Originally published on Thu October 31, 2013 9:37 am

To the long list of problems plaguing HealthCare.gov, add data security. The enrollment site for the new health insurance exchanges had a security flaw that didn't get patched up when the exchange marketplace went live.

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The State Of The American Small Business
2:57 am
Thu October 31, 2013

What Happens When The Pace Of Startups Slows Down

Is this coffee shop going to grow to be the next Starbucks?
iStockphoto.com

Originally published on Thu October 31, 2013 11:45 am

Since the financial crisis hit five years ago, there aren't as many Americans starting new businesses. In uncertain economic times, it's harder for entrepreneurs and investors to take the risk.

And if you look back over the past 25 years, it turns out the overall trend is toward fewer new businesses getting started, too — and that's not good at all when the country needs more jobs.

The Next Google

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The Salt
4:40 pm
Wed October 30, 2013

Soylent: An Offbeat Food Idea Investors Are Taking Seriously

There are people who'd rather not eat food? Yes. And Silicon Valley investors are betting they'll buy Soylent.
iStockphoto.com

Originally published on Fri November 1, 2013 2:18 pm

Back in April, we described Rob Rhinehart's experiment concocting something that could give him all the nutrition and none of the hassle of food.

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Media
4:12 pm
Wed October 30, 2013

Prosecutors Press Case In 'News Of The World' Phone-Tapping Trial

Originally published on Wed October 30, 2013 5:00 pm

At the Old Bailey Courthouse in London Wednesday, the prosecution laid out the case against former journalists of the now-defunct British tabloid News of the World.

Economy
4:12 pm
Wed October 30, 2013

Business Leader Sees Uncertainty, Increased Costs In Health Law

Originally published on Wed October 30, 2013 5:00 pm

Against the backdrop of big uncertainties business are facing — everything from the future of fed policy and leadership and gridlock in Washington to the effects of Obamacare, inflation and unemployment — Robert Siegel talks with Pat Meyer, president and CEO of windows and doors maker Pella Corporation for an on-the-ground sense of how businesses see these uncertain economic times.

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