Clik here to view.
Court Ruling Scuttles Del. Sports Gambling Plans
A federal court quashed Delaware’s bid to legalize single-game sports betting today, ruling that the gambling expansion violated a 1992 federal law, the News Journal of Wilmington reports. State...
View ArticleClik here to view.
New York Times to Cut 100 Newsroom Jobs
In an effort to continue cutting costs, the New York Times will eliminate 100 jobs from its 1,300-person newsroom. The paper will offer buyouts before instituting layoffs if necessary, executive editor...
View ArticleClik here to view.
Yahoo Triples Profits After Cost-Cutting
Yahoo’s third-quarter profit more than tripled even though the company's quarterly revenue fell in the double digits for the third consecutive time. The earnings improvement reported today was...
View ArticleClik here to view.
McDonald's Will Offer Free Wi-Fi
McDonald's will stop charging for Wi-Fi starting early next year at most of its locations. The chain currently charges $2.95 to connect to the Internet for 2 hours, but will drop the fee at 11,000 of...
View ArticleClik here to view.
Ticket-Crazed Virginia Hands Out 6,996 in One Weekend
In the olden days, cops handed out traffic tickets to keep us safe; in our brave, new, cash-strapped world, states and municipalities are pushing police to hand out as many as possible—for the money...
View ArticleClik here to view.
Facebook Pulled in $800M in '09
Facebook made a lot more money last year than it let on. The company’s actual revenues were close to $800 million, sources tell Reuters , which translates into tens of millions in profits. Facebook had...
View ArticleClik here to view.
So What's in the Debt Deal?
No revenues, big budget cuts—what exactly is in the debt-ceiling deal? Ezra Klein sums it up in the Washington Post : $1 trillion in immediate cuts with at least $1.5 trillion more to come; a vote on a...
View ArticleClik here to view.
Facebook Beats Estimates in First Earnings
Facebook reported its first quarterly earnings since going public today, and though the company lost $157 million, or 8 cents per share, it performed better than analysts were expecting, Bloomberg...
View ArticleClik here to view.
Ryan's New Budget Axes ObamaCare, $5T in Spending
Paul Ryan is unveiling his latest budget proposal, and this time, he says, it'll balance in 10 years—half the time he claimed for his previous budget, NPR notes, because he's including new revenue from...
View ArticleClik here to view.
What the 7 Fastest-Shrinking US Companies Have in Common
It's not terribly common for companies to see revenue drop by double-digit percentages, but in coming up with entries for its list of America's fastest-shrinking companies, 24/7 Wall St. found that...
View ArticleClik here to view.
Steve Ballmer's Secret $10M Site on Gov't Spending Debuts
Ask Steve Ballmer about the project he's been quietly working on since he retired as CEO of Microsoft , and he starts gushing with the "excitement of a child showing off a new toy," per the New York...
View ArticleClik here to view.
Yahoo Triples Profits After Cost-Cutting
Yahoo’s third-quarter profit more than tripled even though the company's quarterly revenue fell in the double digits for the third consecutive time. The earnings improvement reported today was...
View ArticleClik here to view.
McDonald's Will Offer Free Wi-Fi
McDonald's will stop charging for Wi-Fi starting early next year at most of its locations. The chain currently charges $2.95 to connect to the Internet for 2 hours, but will drop the fee at 11,000 of...
View ArticleClik here to view.
Ticket-Crazed Virginia Hands Out 6,996 in One Weekend
In the olden days, cops handed out traffic tickets to keep us safe; in our brave, new, cash-strapped world, states and municipalities are pushing police to hand out as many as possible—for the money...
View ArticleClik here to view.
Facebook Pulled in $800M in '09
Facebook made a lot more money last year than it let on. The company’s actual revenues were close to $800 million, sources tell Reuters , which translates into tens of millions in profits. Facebook had...
View ArticleClik here to view.
So What's in the Debt Deal?
No revenues, big budget cuts—what exactly is in the debt-ceiling deal? Ezra Klein sums it up in the Washington Post : $1 trillion in immediate cuts with at least $1.5 trillion more to come; a vote on a...
View ArticleClik here to view.
Facebook Beats Estimates in First Earnings
Facebook reported its first quarterly earnings since going public today, and though the company lost $157 million, or 8 cents per share, it performed better than analysts were expecting, Bloomberg...
View ArticleClik here to view.
Ryan's New Budget Axes ObamaCare, $5T in Spending
Paul Ryan is unveiling his latest budget proposal, and this time, he says, it'll balance in 10 years—half the time he claimed for his previous budget, NPR notes, because he's including new revenue from...
View ArticleClik here to view.
What the 7 Fastest-Shrinking US Companies Have in Common
It's not terribly common for companies to see revenue drop by double-digit percentages, but in coming up with entries for its list of America's fastest-shrinking companies, 24/7 Wall St. found that...
View ArticleClik here to view.
Steve Ballmer's Secret $10M Site on Gov't Spending Debuts
Ask Steve Ballmer about the project he's been quietly working on since he retired as CEO of Microsoft , and he starts gushing with the "excitement of a child showing off a new toy," per the New York...
View Article