The FTC inquiry is the latest regulatory headache for the tech titan.
State vs. State: Hot Summer for States Stealing Businesses, Workers, Tax Revenues
So much for the United States. In skirmishes around the country, states are battling it out with their neighbors—and sometimes, states in other time zones—over sales tax revenues, marijuana taxes, weapons manufacturing businesses, and the pool of local labor.
Here are a few of the ongoing state-vs.-state showdowns:
The Dakotas …
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No, the Fed’s Buying Spree Doesn’t Have to End in Tears
After a jittery few days of trading, the markets stabilized a bit on Monday, though most economists are predicting a summer of volatility thanks to the Fed’s decision last week to announce that it would begin to “taper” its $85 …
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Market Reality Check
The market craziness continues, with stocks down, commodities crashing, and bond yields rising. As usual during such periods, wild theories about what’s happening abound: The U.S. recovery is a mirage; China is having a Lehman Brothers-style meltdown; etc.
Breaking Securities Laws? You Don’t Really Need To Apologize
Just two months into her tenure as head of the Securities and Exchange Commission, Mary Jo White is making waves by questioning the agency’s long-standing policy of not requiring admissions of guilt when settling with financial wrongdoers.
Dropping Its Founder and Spokesman, Men’s Wearhouse Goes After Millennials
Last week, Men’s Wearhouse fired George Zimmer, the company’s 64-year-old founder and spokesman. In many respects, the avuncular Zimmer looks the epitome of the American businessman: impeccably dressed in his suit and tie in the company’s well-known and oft-quoted ads. But while a number of the store’s shoppers expressed outrage …
Not So Fast: The Relaxed, Slowed-Down, Lounge-ization of Fast Food
The traditional formula for fast food franchises—get ’em in, get ’em fed, get ’em out—is changing. Lately, chains known for being among the quickest of all quick-service restaurants are installing fireplaces and cushy seats for a comfortable lounge vibe that invites customers to linger longer.
5 Ways Companies Win by Giving Stuff Away
Consumers love freebies. But the companies handing out complimentary donuts, comic books, ice cream, pancakes, and Slurpees love giveaways even more. On the surface, freebies look like obvious money losers. But when handled wisely, giveaways are all but guaranteed to boost sales.
Last week, Procter & Gamble hosted an enormous giveaway …
New Attractions in Vegas Get Tourists High — Literally
If you want to see the hot new trend in Las Vegas attractions, look up. Plans are in the works for sky-high roller coasters, observation wheels, and zip lines to provide new thrills far above the Strip.
5 Summer Travel Scams to Avoid
With the summer comes peak season for scammers coming up with new ways to empty tourists’ wallets — increasingly, by getting their hands on travelers’ personal financial information. Here are five tricks to be on the lookout …
Dorm, Shmorm: Meet the Guy Who Lived in a Van for Two Years During Grad School
Many grad school students are poor, and pride themselves on living frugally while working on their degrees. One post-graduate student—and now, the author of a new book—took cheap living to the extreme, living in a van while …
Will Wall Street Finally Put Clients First? Maybe Some Day — But Don’t Hold Your Breath
Efforts to compel all financial advisers to act in the best interest of their clients have been derailed–again.