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Mergers & Acquisitions : Pabst Brewing Sold for a Reported $700 Million

The owner of Pabst Brewing — the company that produces Pabst Blue Ribbon beer — C. Dean Metropoulos & Co. has finalized a sale of the company to Russian brewing company Oasis Beverages. The New York Times reports that...

Shale Fracking Is a “Ponzi Scheme” … “This Decade’s Version of The Dotcom Bubble” … “A Lot In Common With the Subprime Mortgage"

In 2011, the New York Times wrote: “Money is pouring in” from investors even though shale gas is “inherently unprofitable,” an analyst from PNC Wealth Management, an investment company, wrote to a contractor in a February e-mail. “Reminds...Show More Summary

This Guy Will Make Thousands Of Dollars From People Desperate To Get The New iPhone

By the time the first iPhone 6 is sold to a member of the public Friday morning, a handful of people will have been waiting on line at the company's 5th Avenue retail store in New York City for more than two weeks. The number of people...Show More Summary

Jack Ma said what? 10 quotes from Alibaba’s eclectic founder

A libaba Group chairman Jack Ma is a billionaire entrepreneur about to take his company public on the New York Stock Exchange. But at one time, he was an English teacher, and he has a way with words, as Wall Street investors and others now know.

A New Way Insurers Are Shifting Costs To The Sick

by Charles Ornstein ProPublica, Sep. 17, 2014, 11 a.m. This story was co-published with The New York Times' The Upshot. Health insurance companies are no longer allowed to turn away patients because of their pre-existing conditions or charge them more because of those conditions. Show More Summary

New Verizon FIOS Package Records Every Channel All The Time

NEW YORK (CAP) - Verizon has fired the latest salvo in its ongoing battle with Comcast, now offering consumers a FIOS package that simply records every channel all the time. The company calls it their Hoarders Delight plan. "With this...Show More Summary

The Remarkable Story Of How Alibaba Defeated eBay In China Explains How It Became The Most Valuable Chinese Internet Company Ever

Alibaba, the enormous Chinese e-commerce company, is expected to begin trading on the New York Stock Exchange this Friday. But one of the most crucial time periods in the company's history came in the early 2000s, when the still-new Alibaba battled out with the behemoth eBay to gain e-commerce dominance in China. Show More Summary

iPhone 6 Release Delayed In China: Will The Launch Be A Bust?

By Shock Exchange: Riots at Beijing Apple Store for iPhone 5S. Source: The New York Times is reporting that Apple, Inc's (NASDAQ:AAPL) iPhone 6 launch will be delayed in China - a key market for the company: On...Show More Summary

How China Whiffed Big Time On Alibaba And The West Won

Alibaba is set to share publicly on the New York Stock Exchange very soon and CEO Jack Ma is speaking up about why the company chose New York over Hong Kong. This while people in China are left to wonder what they're missing out on. Produced By Matt Johnston and Reuters. Follow BI Video: On Facebook Join the conversation about this story »

NY Times: Jeers and Cheers Over Tax Inversions

New York Times: Jeers and Cheers Over Tax Inversions, by Jeff Sommer: [M]ost American consumers, investors and politicians have tacitly accepted that if a company is profitable, doesn’t violate the law and produces appealing products and services, it can operate wherever and however it likes. That’s why the furor over...

Apple paid $100 million to give away U2’s ‘free’ album

U2’s newest album may not have cost you a dime but that doesn’t mean someone didn’t pay for it. In this particular case that “someone” is Apple, as The New York Times reports that Tim Cook and company are paying roughly $100 million in royalty fees and marketing expenses as part of a deal to give U2’s newest album away for free. Show More Summary

Recommended from Around the Web (Week Ending September 13, 2014)

A roundup of the most interesting stories from other sites, collected by the staff at MIT Technology Review. The Jack Ma WayThe New York Times profiles the Alibaba founder in advance of the company’s IPO. —Brian Bergstein, deputy ed...

Jessica Alba Plugs The Honest Company Ultra Clean Room at Mt. Sinai in New York City

She’s been putting a ton of time and energy into ramping up interest in her Honest Company and yesterday (September 10) Jessica Alba took her squeaky clean campaign to Manhattan. Joined by a host of physicians and nurses, the “Dark Angel”...Show More Summary

News: iPhone 6 release delayed in China, pre-orders start 12:01AM PT

Apple has informed Chinese mobile providers that it won’t release the new iPhone 6 and iPhone 6 Plus in the country on the expected date of Sept. 19, The New York Times reports. The company offered no explanation for the delay, but it’s reported that the phones may have not yet been approved for sale by Chinese regulators. Show More Summary

Tech Companies Are Asking People To Audition For Their Jobs Before They Hire Them

The New York Times profiled five tech companies this morning who make workers go through temporary trial periods of varying length before they agree to hire them. While the internship has for decades given companies an opportunity to...Show More Summary

SpinMedia Cuts 19, Folds Vibe

The tumultuous times at SpinMedia continue. According to Capital New York, the company has laid off 19 staffers and has decided to fold Vibe. Stephen Blackwell, SpinMedia’s CEO, said the cuts came mostly from the company’s video, photo, and sales divisions. Show More Summary

Google Just Bought The Company That Created A Tremor-Stabilizing Spoon (GOOG)

Google will reportedly acquire Lift Labs, the company that created a spoon to cancel out shakiness and make it easier for those with hand tremors to eat. According to The New York Times, Google plans to announce the acquisition Wednesday. Show More Summary

TBWA\Chiat\Day Serves Jimmy Dean 24/7

As The New York Times told us this weekend, Americans are eating more frozen food — and Jimmy Dean wants to move out of the freezer and onto the dinner table by expanding upon its breakfast-sausage-centered lineup. The company’s creative AOR TBWA\Chiat\Day L.A. Show More Summary

Don't Let Your Company Get Hit With Wage Theft Claims

Over the Labor Day Weekend, The New York Times published a front-page piece on the rise in "wage theft" claims.As companies try to cut costs, some employees are being illegally encouraged -- or forced -- to alter their timesheets to reflect fewer hours worked. Such actions violate state and federal......

Jony Ive reportedly boasts that the iWatch will do to Switzerland what the iPhone did to BlackBerry

In a new piece on tech and fashion, The New York Times also looked at Apple since it’s one of the companies that’s expected to launch a fashionable smart wearable device soon. The piece is notable because it revealed that Apple’s design...Show More Summary

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