Business

Disney agrees to pay $100 million to end no-poaching lawsuit

Walt Disney Co. agreed to pay $100 million to resolve claims it colluded with other animation studios to not hire one another’s workers in...

Facebook quarterly profit doubles to $3.7b

San Francisco: Facebook reported on Wednesday that its profit more than doubled in the final three months of last year as revenues climbed and...

Asian shares slip, dollar wobbles as Fed keeps rates steady

CaptionCloseHONG KONG (AP) — Asian markets retreated and the dollar wobbled Thursday after the Fed kept its key lending rate on hold as expected...

Russell Simmons’ UniRush, MasterCard must pay $13M

Russell Simmons will have to pay up for his prepaid debit card debacle.The Consumer Financial Protection Bureau ordered the hip-hop mogul’s UniRush, as well...

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Time to Lower Interest Rates to Boost Economy and Investments

Interest Rates to Boost Economy and InvestmentsLast week's inflation report stirred the markets, shifting the focus to the Federal Reserve. Traditionally, rate cuts are...