Category: Business

Oil prices are falling and, if history repeats itself, there’s no reason they can’t fall much further yet. If that happens, the impact on your life will be much more significant than saving a few dollars filling up your gas tank.

The fuel for the next leg of the economic recovery is literally sitting in the bank.

General Motors has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to wirelessly connected cars. In a letter to a Federal Communications Commission official reviewed by Reuters on Wednesday, Harry Lightsey III, executive director of …

Converse is suing 31 companies for allegedly copying its signature Chuck Taylor sneaker, NBC News reports. Retailers Converse is suing include Skechers, Wal-Mart, FILA, Ed Hardy, K-Mart, and Ralph Lauren, according to NBC. The Nike-owned company has sent 180 cease-and-desist letters since 2008, according to the lawsuit. The …

Barcelona (AFP) – Barcelona’s Luis Suarez received the Golden Boot award as Europe’s top scorer last season from Kenny Dalglish, who signed him for Liverpool in 2011, on Wednesday.The Uruguayan scored 31 times to help Liverpool into second in the Premier League.Now with Barcelona, the 27-year-old shared the award with …

National Boss Day, which is celebrated in the US on October 16 each year, is a day for employees to show appreciation for their managers. But if you have a nightmare of a boss, you probably have little to thank them for this year. And as it turns out, a terrible …

Landry Fields of the Toronto Raptors is approaching a potential make-or-break season for his career. Fields is on the final year of a three-year, $20 million deal he signed with the Raptors in 2012, and he has seen his career fall off a cliff since joining the team. …

When a bunch of people got stranded during high tide at the shores of Fogarty Creek State Park, Oregon, one woman could not have made it to safety without help from some brave beachgoers. Produced By Matt Johnston. Video courtesy of Associated Press. Follow BI Video: On FacebookJoin the conversation …

Robert Herjavec is one of the most successful tech entrepreneurs in the world. He sold his first company BRAK Systems for $100 million to AT&T, and another one for $225 million to Nokia. His current company, The Herjavec Group, is Canada’s largest IT security company, with more than $150 …

Ambitious women who want to maximize their earning potential have two options: don’t have children or find a low-earning husband. That’s the conclusion from a new study out of Harvard, “Dynamics of the Gender Gap for Young Professionals in the Financial and Corporate Sectors.” First things first: this …

The US has a bad reputation abroad when it comes to food. From State Fair monstrosities like deep-fried lobster on-a-stick to fattening fast food, we’re viewed as gluttons who can’t get enough fat, sugar, and salt. But it’s not all deep fried butter and Papa John’s garlic …

Wal-Mart is planning to cut back on store investments and spend more on e-commerce in the face of stagnant same-store sales and falling store traffic in the US, company executives said Wednesday. The company cut guidance for 2015, saying that it expected growth of 2-3{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} compared with previous …

The Sloan School of Management at the Massachusetts Institute of Technology has powerful connections throughout the world, as evidenced by the 92{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of the Class of 2013 with job offers within three months of graduation. Sloan was founded in 1914 and is named for Alfred Pritchard Sloan, the MIT grad who drove …

Malaysia Airlines Flight 370 has been missing for seven months, with no signs that the plane’s wreckage will be discovered. Powerful figures in the aviation and airline industry are expressing some dismay that the jumbo jet seems to have completely vanished. If, however, MH370’s wreckage is located, there’s every change …

Stocks finished lower, but way off their worst levels, after a wild session that saw stocks open sharply lower as bond yields fell around the world, oil prices remained at multi-year lows, and several US economic data points came in below expectations. At their lows, stocks were down more …

Zillow is out with its annual ranking of the best cities for trick-or-treaters, and San Francisco once again took the top spot. The real estate search site determines its ranking by looking at four variables: home values, population density, walkability, and crime data. Zillow says these factors give …

Christian Bale is in talks to play Steve Jobs in Aaron Sorkin’s forthcoming biopic, according to Variety’s Justin Kroll, citing sources. Leonardo DiCaprio had been under consideration for the lead role in “Jobs,” but the actor declined the roll two weeks ago. “Jobs” is based on Walter Isaacson’s wildly…