Economy

World Cup 2014 News: Nike, FIFA Sponsor Adidas Clash for Soccer Market Control During Brazil Tourney

While stars like Cristiano Ronaldo and Lionel Messi compete on the pitch for the most prestigious soccer title on the planet, Nike is looking to continue at usurping Adidas' long-time marketing presence in the World Cup, despite being FIFA's longtime sponsorship partner with the quadrennial tournament since 1970.

Costa Rica President Luis Guillermo Solis Talks Foreign Investments, Tech Expansion in Latin America

Recently elected Costa Rican President Luis Guillermo Solis in on a five-day trip in the United States, and he's looking to improve foreign direct investments and trade from big-name companies to his country. He also addressed concerns about taking employment opportunities away from Americans.

Business and Finance News: Dow Falls 100, World Bank Cuts Global Growth Rate

Major indexes retreat from record highs Stocks are taking a hit Wednesday after the World Bank cut the global growth rate. The World Bank predicted that the global economy would expand by 2.

United Airlines Frequent Flier Miles Policy: Company to Make Changes to Its Loyalty Program, Reward Those Who Spend the Most

Budget travelers won't be rewarded as much as before. United Airlines is following Delta Airlines by changing its frequent flyer program. United travelers who fly the most and pay the most will be the ones who will be rewarded.

Hacking Is Growing Industry Worth Billions: New Study Reveals Scope of Cybercrime

All adults should be paying attention. United States intelligence officials said in a report on Monday that cybercrime is growing as an industry while it continues to hurt the country's economy.

GoDaddy IPO and Stock Market Value: Web Hosting Company Files $100 Million IPO, Tries Luck Second Time Around

Three private equity firms own major stakes in the company Web hosting and registration service company GoDaddy, Inc. has filed its plans to raise $100 million in an initial public offering with the U.

First Commercial Drone Gets FAA Approval

In compliance with Federal Aviation Administration regulations, AeroVironment Inc., a drone maker based in Monrovia, Calif., launched the first commercial drone aircraft over land on Sunday.

FIFA World Cup on Google Search: US, Latin American Soccer Interest Growing Due to Latino Influences

Four years later and the interest for the latest FIFA World Cup soccer tournament increased. According to Google, professional soccer is "more popular than ever" in the United States (U.S.) due to the growing Hispanic population.

Tyson Wins Battle to Acquire Hillshire; Pilgrim's Pride Drops Out

Tyson's final offer was $63 per share. Tyson Foods Inc. has won the bidding battle against Pilgrim's Pride to acquire Hillshire Brands. Hillshire Brands is the maker of Jimmy Dean sausages and Ball Park hot dogs.

BP to Continue Paying Claims Stemming From 2010 Oil Spill, Supreme Court Says

On Monday the U.S. Supreme Court said the oil company British Petroleum has to continue to pay claims from the fund that was established following the 2010 oil spill in the Gulf of Mexico during the company's appeal to the terms of its settlement with some businesses.

US Latino Unemployment Rate Increases, But 1 in 3 US Workers Will Be Latino by 2050, Says NCLR

The Latino unemployment rate in the United States increased to 7.7 percent last month, despite an increasing number of Hispanics entering the job market. According to the National Council of La Raza, a heavy emphasis shouldn't be placed on the monthly unemployment numbers, since many factors shift each month.

Student Loan Debtors Must Choose Between Rent and Repayment, Obama Offers Additional Relief

Fresh out of college and new to New York City, young people arrive with the expectation of "Sex in the City" and "Glee"-style adventures, guided solely by the hot lights of the city and a sense of whimsy. Instead, they are confronted with the high cost of NYC's living and unshakable college student loan debt, which often forces them to pit financial obligations against one another.

Apple Stock Split News & Update: Tech Giant Splits Shares for Fourth Time in Company History; What Does This Mean?

Apple's high-flying stock price of more than $600 has plummeted. Apple's high-flying stock price of more than $600 has plummeted. Cult of Mac reported that the stock began trading today at or around $92.

Google, Microsoft, Yahoo Improve User Privacy: Tech Companies Take Steps to Slow NSA Spying

It's been a year since Edward Snowden's revelations In an effort to thwart the aggressive surveillance programs of the United States government and its spy agencies, top American technological companies have upgraded their security systems in an effort to maintain consumer trust and loyalty.

Uber Car Service Review, Cities, Facts: Taxi Companies Protest as Tech Startup Raises $1.2B

The app connects passengers with drivers for hire and ride-sharing services Uber Technologies Inc. has moved up in its industry, thanks to the three investment firms from Boston that helped the company to attain its new-found status as one of the most prestigious tech startups in the world.

Social Media Saturday: New Instagram Tools, Facebook Approves Dogecoin Tipping, and CIA Joins Twitter

This week in social media, Facebook approved a dogecoin tipping app, social media prenups are a thing now, Instagram updated its app with new tools, Pinterest and Twitter keep upping the advertising, and CIA joined Twitter and Facebook for some reason. It's time for Social Media Saturday!

California Lawmakers Create Incentives to Get Tesla Motors Gigafactory

In a last-ditch effort to get Tesla Motors to open their much-anticipated electric-car battery factory in California, the state's lawmakers along with the governor's office are making the company an offer they hope it won't refuse.

WalMart Workers Protest For Better Wages at Company Shareholder Meeting

The Organization United for Respect at WalMart, a group of the company's employees, have planned a demonstration at the department chain's annual shareholder meeting in Bentonville, Ark. on Friday where they will demand better pay and benefits from management.

Hispanic Unemployment Rate Increased: 7.7 Percent of Hispanics Jobless, More Women Unemployed Than Men

The unemployment rate in the United States dipped, according to figures released by the Department of Labor's Bureau of Labor Statistics. However, the percentage for Hispanics increased.

Facebook Founder Mark Zuckerberg Donation to San Francisco Schools Likely to Benefit Latino Students Most

Two of the three school districts that are receiving gifts from the Zuckerbergs and their foundation, Startup: Education, are largely dominated by Latino students. These students will soon benefit from finance, computers, connectivity and teacher training. The money will also go toward boosting funding for science studies and English proficiency.