Shari Arison is the most powerful woman in Israel and the Middle East, and has a net worth of $3.9 billion to boot. But despite her numerous non-profit organizations and 25% stake in Israel's largest bank, Arison says she doesn't consider herself "a powerful person."
As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.
The U.S. stock index futures point to a slightly lower open Wednesday as investors remained cautious waiting for Federal Reserve Chairman Ben Bernanke to announce monetary easing measures at the Jackson Hole symposium later this wee
Asian stock markets ended mixed Wednesday as investors remained in a waiting mode ahead of Federal Reserve Chairman Ben Bernanke’s speech at the Jackson Hole symposium.
Most European markets fell Wednesday as investors remained watchful waiting for the euro zone policymakers to come up with stimulus measures to rejuvenate the faltering economy.
Investing and personal wealth management were made more accessible by Bank of America Merrill Lynch with its so-called online trading platform Merrill Edge.
Reserve Bank of India (RBI) Governor Duvvuri Subbarao said on Tuesday that inflation remains too high and needs to fall further or risk more damage to the economy, dismissing criticism of the bank's hawkish policy stance.
The top after-market NYSE gainers Tuesday were Pandora Media, WellPoint, AuRico Gold Inc, Navios Maritime Partners and H.J. Heinz Co. The top after-market NYSE losers were Dycom Industries, Imax Corp, Graphic Packaging Holding, RadioShack Corp and 3D Systems Corp.
Asian markets were mixed Wednesday as investors remained watchful waiting for policymakers around the world to announce stimulus measures to boost the faltering global economy.
Victoria's Secret Stores Inc. and their parent company, Limited Brands Inc., are being sued by Zephyrs for $15 million since they have allegedly been "knockoffs" to their own customers, according to WWD.
Samsung vowed Tuesday to fight Apple's request to ban U.S. sales of some of its smartphones from U.S. stores following its landmark lawsuit verdict last week.
The receiver who was handed control of Paul Burks' company Rex Venture Group and ZeekRewards following its forced closure by the SEC told reporters that trying to following the money collected through hundreds of thousands of Zeek affliates has been like "drinking from a firehose."
Will Federal Reserve Chairman Ben Bernanke launch QE3 from the Federal Reserve Bank of Kansas City's annual Jackson Hole symposium, which will take place from Aug. 30 to Sept. 1? Economists doubt it.
China estimates a total national investment of 372 billion USD to be spent in the next three and a half years on improving energy efficiency, strengthening pollution control and expanding recycling economy.
Visual effects are now the foremost draw for most big-budget movies, and yet conditions for the workers who create those effects have never been worse. Many VFX artists face punishing schedules, working with no health insurance or benefits to meet the demands of effects-laden motion pictures.
Walt Disney's ESPN unit and Major League Baseball announce an eight-year, $5.6 billion deal.
IDC revised its forecast for this year’s PC sales gains to only 0.9 percent, after the top U.S. giants, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), reported lower PC sales for their latest financial quarters. By contrast, tablet sales, headed by the iPad from Apple (Nasdaq:M AAPL) should surge 54 percent.
Megaupload founder Kim Dotcom has plans to launch a new MEGA site despite the legal issues he has faced in the past six months.
The Obama Administration issued new Corporate Average Fuel Economy (CAFE) standards Tuesday, which raise the average mileage of the U.S. fleet to 54.5 mpg by 2025.
Victoria's Secret has been selling knockoff hosiery, according to a lawsuit filed Tuesday by Zephyrs against parent company Limited Brands Inc. (NYSE: LTD)
ZeekRewards, Rex Venture Group and its founder, accused in an alleged Ponzi scheme, now face a federal lawsuit brought by former "affiliates."
Given the multitude of rumors from the past year and the numerous patents in relation to the technology, it looks like Apple has invested considerably in NFC, and looks to implement the communication chip in a future iPhone. Quite possibly, we may see NFC in the next-generation iPhone, allegedly set to debut next month on Sept. 12, unofficially but most commonly called iPhone 5.
Ford's Lincoln brand hasn't done well in the U.S. but the nation's No. 2 automaker aims for better luck in China where archrival GM gets a big share of the luxury car market with its Cadillac line.
Spain's Catalonia region will ask for more than $6 billion from the nation's central government as it struggles with massive debts and an acute budget shortfall. Other Spanish regions are also lining up for similar aid requests.
A new iPad game from the creators of "Infinity Blade" lets players duke it out as Mitt Romney and Barack Obama just in time for the debates.
Sixteen-year-old John Freeman has been arrested and charged in the murder of 5-year-old Isabella Tennant. Tennant's body was found stuffed inside a garbage can just two streets away from her great-grandmother's Niagara Falls home, where Freeman was reportedly the last known person to be seen playing with the little girl from New York.
Gambia;s plan to execute all prisoners on death row may jeopardize EU funds it is scheduled to receive.
Robert Gladden is the alleged gunman responsible for a shooting at Perry Hall High School in Baltimore, Maryland on Monday. Gladden, 15, left one victim in critical condition after he entered the school cafeteria around 10:45 a.m. and fired two gunshots.
According to Eurogamer, OnLive founder and CEO Steve Perlman has stepped down as head of the company, making way for new ownership in the form of Lauder Partners, an investment group specializing in technology.
Do you look at a vacation as a guilty pleasure or a basic human right? The way you answer that question says a lot more about the country you come from than you may realize.
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