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Retirees: Have you checked bank CD rates lately?

Getting low-risk yield has been one of the toughest challenges for retirees ever since the financial meltdown of 2008-2009. Interest rates are near zero, and many retirees are nervous about bonds out of fear that rates might jump.


PayPal fuels higher eBay revenue even as cyber attack, rivals weigh

EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as better-than-expected results from its fast-growing PayPal division helped the online retailer overcome increasing competition from Amazon.com Inc and a well-publicized cyber attack.

LVMH and eBay settle litigation over fake goods

LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company's online auction website.

Yahoo's long goodbye with Alibaba takes heat off Mayer

Yahoo Inc cannot seem to part ways with Alibaba. And with Yahoo's business continuing to deteriorate, some Wall Street analysts say it is hard to blame the company.


Latest News

Samsung Electronics Co Ltd (005930.KS) is losing smartphone ground not only to cheaper Chinese rivals but also at the high end to Apple Inc (AAPL.O), a survey showed, in an ominous sign for the South Korean giant as Apple readies to launch its next-generation iPhone 6.
Swiss drugmaker Novartis has struck an agreement with Google to develop "smart" contact lenses that would help diabetics track their blood glucose levels or restore the eye's ability to focus.
Google Inc's Nest Labs on Tuesday unveiled an industry group to encourage makers of smart home gadgets like locks and light bulbs to use Thread, a new standard for devices to communicate on a network.
China's Xiaomi said it intends to invest heavily in India as the budget smartphone maker launched on Tuesday its flagship Mi phone and other products in the world's third largest smartphone market, currently dominated by Samsung Electronics Co Ltd.
Innovative virtual data room provider ansarada today launched Version 2.0 of its M&A Game app six months after it burst onto the gaming scene to global acclaim.
Spackman Equities Group Inc. (the "Company" or "SEGI") (TSX VENTURE:SQG) announced today its entertainment subsidiary, Spackman Entertainment Group Limited ("SEGL"), one of Korea's leading theatrical film production groups, registered its Offer Document and launched its Initial Public Offering ("IPO") on Friday, July 11, 2014 in Singapore.
A group of 27 top executives and investors in Alibaba Group Holding Ltd, including co-founder Jack Ma, can appoint another two directors to the company's board once it goes public, according to a U.S. regulatory filing on Friday.
Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check.
Major U.S. web companies on Monday urged regulators to restrict the ability of Internet providers including mobile carriers to strike deals for faster delivery of some web traffic and planned a publicity campaign about the government's proposal.
YouTube has embarked on a new round of discussions with Hollywood and independent producers to fund premium content, two sources with knowledge of the talks told Reuters
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