Have you heard about Waze, the crowd-sourced navigation app? If not, you’re about to, because Google is buying this Israeli company for $1 billion. This deal could give Google a major boost in the escalating battle for advantage …
Apple E-Book Trial, Week 2: The Emerging Case for Letting Apple Off the Hook
As the U.S. government’s closely watched e-book price-fixing trial against Apple enters its second week, the tech giant appears to be on stronger footing than it was at the beginning of the case, thanks in part to a key legal …
Skipped Out on Your Restaurant Reservation? That Will Be $200, Please
This post is in partnership with Knowledge@Wharton, the online research and business analysis journal of the Wharton School of the University of Pennsylvania. A version of the article below was originally published at knowledge.wharton.upenn.edu.
Making restaurant reservations is a way of life — but, for many consumers, so is …
Viewpoint: Obama’s ‘Patent Troll’ Reform: Why Everyone Should Care
In 2011, Apple and Google spent more money on patent litigation and defensive patent acquisitions than on research and development. That’s not a good sign for the U.S. economy; in fact, it’s a stark indication that our …
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China, the U.S. and a Special Relationship in the Making: 5 Shared Economic Challenges
As President Obama and Chinese President Xi Jinping settle into conversation in California for the weekend, there’s talk of a new kind of G-2 alliance between the nations, and even a “grand bargain” over issues like trade, …
Gimme a Price Already! Edmunds Tries to End the Most Aggravating Part of Car Shopping
“How much?” In almost every retail environment, this wouldn’t be a difficult question to answer. But at the car dealership, the process of getting a concrete final price can take hours. The folks at Edmunds.com now have a tool that promises to make retrieving car prices as quick and easy as shopping at Amazon.
The Recovery Stays the Course with 175,000 New Jobs in May
In recent years, when the weather begins to heat up, the job market has gone cold. This so-called “spring swoon” has time and again dashed many hopes for a more sustained and vigorous economic recovery.
But with today’s report …
U.S. Employers Add 175,000 jobs, Unemployment Rate up to 7.6%.
(WASHINGTON) — U.S. employers added 175,000 jobs in May, steady hiring but below the more robust pace that took place during the fall and winter.
Free Donuts! Everything You Need to Know to Celebrate National Donut Day
National Donut Day falls on the first Friday of June—this year it’s today, June 7. But considering what the day is best known for—free donuts—perhaps it’s time to go ahead and change the name of “holiday” to Free Donut Day.
What Retirement Crisis? Retirees Say They’re Doing Just Fine, Thank You Very Much
The common narrative is that low yields are crushing retirees’ income and lifestyle. Why do so many report having all the money they need? Here are five reasons
YouTube Throws a Curveball by Becoming a Sports Broadcaster
YouTube is quietly brokering deals with major sports leagues in hopes of establishing itself as the top sports destination online. The move could shake up the pay-TV world
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China’s ‘Second Tier’ Cities: That’s Where the Money Is
Airports can tell you much about the consumer development of a country. Having just landed in Shanghai on route to Chengdu, a second-tier city in the Southwest, where TIME’s sister publication is holding its Global Forum, I was struck by two things.
First, the amount of smaller Western niche brands that now occupy airport retail …
