Business

Is Crowdfunding a Winning Investment?

Crowdfunding is supposed to be a boon for entrepreneurs looking to get their products to market quickly. But will this way of raising money be a boon for investors, too?


Yahoo to Pay $1.1 Billion for Tumblr

Internet veteran Yahoo Inc said on Monday it would pay 1.1 billion dollars for the blogging site Tumblr Inc.


Gas Prices Expected to Stay High

As gas prices in the Midwest soar toward record highs, people are turning to their smartphones to find the cheapest gas on the go


Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent

Marketo's journey from small startup to Silicon Valley software stalwart reached its crescendo Friday, as co-founder and CEO Phil Fernandez stepped to the Nasdaq platform to kick off the day's trading session with $85 million invested through an initial public offering.


Network Previews Reveal Genius of Netflix

Last week's "upfronts," the announcements of what will grace the big five networks' prime-time schedules for the 2013-14 season, included a fair number of solid prospects for repeat viewing, including "Super Fun Night," "Dracula" and "The Blacklist."


Will Yahoo Splurge on $1-Billion acquisition of Tumblr?

he struggling Internet giant is reportedly in serious talks to buy the blogging service in a deal that could be worth as much as $1 billion.


Class-Action Lawsuit Aimed at Walmart

Walmart can be sued for being negligent in hiring contractors that employ workers at their distribution centers, according to a federal ruling this week.


Markets Set New Records Again

The Dow Jones industrial average closed at a record 15,354.40 points on Friday, up 121.18 points or 0.8 percent. Corn, soybeans and West Texas crude were also up, but gold was down.


Jolie Mastectomy Raises Legal Questions

Angelina Jolie's revelation this week of a double mastectomy to avoid breast cancer has raised some questions as the stock of Myriad Genetics hit a three-year high.


Ullman Says Penney Turnaround Will Take Time

Penney's returning CEO, Mike Ullman, outlined a plan to get the iconic department store chain "back on track," but cautioned that it won't happen overnight and asked for patience.


Tableau Debuts as DATA on NYSE

Tableau Software, a provider of business analytics software, opened for trading Friday on the New York Stock Exchange under the ticker symbol DATA.


Nonprofit Partnerships Make Sense for MBEs

There are many ways that minority business entrprises can benefit from well-defined relationships with select nonprofits.


S.C. Jobless Rate Hit 5-year Low in April

The unemployment rate fell to a five-year low in South Carolina in April, to 8 percent in April from 8.4 percent in March, the largest month-to-month decrease in more than 25 years.


R.I. Jobless Rate Dips to 8.8 Percent in April

Rhode Island's unemployment rate dropped to 8.8 percent in April and the state gained 500 jobs since March, according to the Rhode Island Department of Labor and Training.


Hospital Workers Set to Strike in California

The five University of California medical centers are canceling elective surgeries in the face of a potential two-day strike by employees, officials said.


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