Tag: business

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Cuba's new socialist MBA program

Would-be small business owners in Cuba now have the opportunity to sign up for a masters degree in business administration from the Catholic Church....
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EasyTone false claims could cost Reebok $25 million

Reebok may have to refund customers who have bought EasyTone footwear due to the company's false claims that the shoes actually help tone muscles simply through the act of walking....
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Koch Industries made millions from deals with Iran

Koch Industries, one of the world's largest privately held companies, sold millions of dollars worth of petrochemical equipment to Iran....
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Virgin's Richard Branson joins fight against global warming

Billionaire entrepreneur Richard Branson turns his attention to climate change, enlisting capitalists and entrepreneurs to fight against global warming with the Carbon War Room....
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The corruption of American college sports

An article in The Atlantic argues for paying athletes and also says a spate of lawsuits making their way through the courts could destroy the NCAA....
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Recent Bloomberg ruling a blow for working moms

Judge rules in favor of Bloomberg LP -- the company's female employees claimed it had discriminated against them in pay and promotions after they took maternity leave....
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Netflix to customers: Stop renting DVDs

The DVD-rental company Netflix has split into two companies -- a strategy possibly designed to move people away from their DVD-rental business....
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Russian billionaire politician challenges Kremlin

Mikhail Prokhorov, a Russian billionaire, has announced that he will create his own political movement that wasn't what he called a 'puppet of the Kremlin.'...
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Rogue trader loses $2 billion, recently arrested

Swiss banking giant UBS says one of its traders lost about $2 billion in unauthorized trades -- the man has been arrested....
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With $9 billion deficit, US Postal Service may shut down

Unless Congress takes emergency action, some say the Postal Service, operating at a deficit of $9 billion, could shut down by this winter....
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