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Alibaba Revenue Rises 54 Percent After Becoming A Publicly Owned Company

Alibaba Homepage

China’s potential answer to Amazon.com has seen a significant increase in their quarterly revenue, with a jump reported at 54 percent. The online retail outlet Alibaba has been around for many years, and has continued to grow over time. That ...

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1 World Trade Center Gets 1st Tenants Monday

1 World Trade Center

Earlier today, the 1st tenants started moving into 1 World Trade Center in New York City. The commercial building officially opened its doors for business today, November 3, 2014. This comes just over 13 years past the date of the ...

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Samsung Q3 Profits Plunged 60% After Poor Smartphone Sales

Samsung Galaxy Note 4

Samsung has posted its lowest quarterly profits in 3 years, as it reveals that their Q3 profits for 2014 have fallen by 60%. The Korean manufacturer cited poorly selling smartphones as its biggest reason for the sharp decline in profits. ...

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FTC Sues AT&T For Misleading 3.5 Million Consumers With Unlimited Data Plans

AT&T Logo

The Federal Trade Commission (FTC) is suing AT&T for misleading millions of their consumers into believing that their once-offered $30 Unlimited Data Plans were truly unlimited. The FTC claims that while AT&T did not charge their subscribers for data overages ...

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Bezos Leads Amazon To $12 Billion Quarterly Loss

Jeff Bezos

As the old saying goes, “It takes money to make money” and that seems to be the philosophy that Jeff Bezos is using to lead Amazon to record losses. The internet retailer posted it’s third quarter financials, and the company ...

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Google Exec Alan Eustace Skydives From 20 Miles In Space

Alan Eustace

Google may be known as a fast-paced company, known for breaking records. Google Executive Alan Eustace kept with that tradition today by skydiving from more than 20 miles altitude. His jump from the edge of space allowed him to break ...

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Study: Americans Give 3 Percent of Income to Charity

charity

Americans give an average of about 3 percent of their income to charity, according to a report released Monday by The Chronicle of Philanthropy. Another interesting find in the study is that poorer and middle-class Americans are more likely to ...

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Revel Casino Hotel Nabbed in $110M Bid By Brookfield Asset Managment Affiliate

revel casino

An affiliate of Brookfield Asset Management won the auction for Atlantic City’s bankrupt Revel Casino Hotel with a $110 million bid. The auction for the hotel and casino, which cost $2.4 billion to build, ended early Wednesday. The losing bidder ...

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Bill Gates Ranked Richest American by Forbes For 21st Straight Year

bill gates

Microsoft co-founder Bill Gates nabbed the top spot on Forbes’ latest list of 400 richest Americans for the 21st straight year. The list, released on Monday, didn’t waver much for 2014 and showed that the rich are definitely getting richer. ...

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