Thumbnail

Hastings closing all its stores nationwide

Hastings is shutting down its business. The retail chain offers new and used books, music, movies and video games in a variety of formats. The company has five store in the Treasure Valley, including three in Boise...


Thumbnail

World's second-largest diamond fails to sell at Sotheby's auction

Sotheby's in London did not succeed in finding a buyer for the world's second largest diamond as none of the bidders meet the undisclosed minimum price for the 1,109-carat uncut stone, dubbed the Lesedi La Rona.


Thumbnail

Volkswagen's US emissions settlement to cost $15 billion: reports

The settlement reached by Volkswagen (VW) with around 500,000 U.S. diesel owners and government regulators over polluting vehicles is over $15 billion cash. The settlement in this regard will be announced on Tuesday in...


Thumbnail

Oil bulls face turmoil on Brexit aftershocks

Crude went down 6.8 percent on June 24 hours after the British citizens decided to leave the European Union. Some analysts, however, maintain that supply and demand still favor rising prices. The exit of Britain...


Thumbnail

Incipio acquires headphone maker Skullcandy

Incipio is one company which is quietly emerging as an accessory powerhouse. The company is now the proud owner of brands like Braven and Incase. Incipio is now even getting bigger as it has agreed to pay $177 million...


Thumbnail

Britain's EU exit sends global markets into tizzy

The global economy is staring at months of slower growth as Britain's shocking decision to get out of the European Union affected global economies, raising serious questions over the outlook for corporate and consumer...


Thumbnail

Twilio IPO raises $150 million, 50% more than expectation

Twilio on Wednesday expressed hope that it will be able to raise more than it expected in its initial public offering (IPO) scheduled for Thursday morning. This is a very good news for several technology companies or...


Thumbnail

Tesla offers $2.8 billion for SolarCity

Billionaire businessman Elon Musk is now planning to build a clean energy powerhouse as his electric car maker, Tesla Motors Inc has offered to acquire his solar installation firm SolarCity Corp in a stock deal...


Thumbnail

Global markets gain as support for 'Brexit' wanes

Global stock markets rallied on Monday after it emerged that Britain will not exit from the European Union as the enthusiasm for "Brexit" wanes. U.S. stocks jumped after strong gains in Europe and Asia. The Dow Jones...


Thumbnail

Paul Allen's space firm gets ready to launch world's biggest plane

Paul Allen co-owned space company is planning to compete with space entrepreneurs and industry bigwigs by launching satellites into orbit from the world's biggest airplane. Stratolaunch Systems, a unit of Allen's privately...


Thumbnail

NASA's new electric plane may end gas-guzzling airliners

Scientists at NASA are busy developing a fully electric plane - X-57, or "Maxwell". According to NASA, Maxwell - a single seater plane - could be on the runway within four years. Mawell looks quite similar to a Cessna...


Thumbnail

SEC approves IEX as national stock exchange

In a move which is set to intensify arguments over current market structure, the US Securities and Exchange Commission has given green signal to an alternative trading group IEX Group Inc's request to launch a new U.S. public...


Thumbnail

A hedge fund manager at Visium surrenders to federal authorities

Portfolio manager Sanjay Valvani has turned himself in to the federal authorities. He used to work at Jacob Gottlieb's Visium Asset Management. Valvani and another former portfolio manager Stefan Lumiere, have...


Thumbnail

Fed to keep rates steady as investors seek hints

The Federal Reserve is set to not tinker with interest rates when it ends a meeting Wednesday, but Fed watchers will follow their moves closely for clues to the future moves. The central bank is set to release a policy statement...


Thumbnail

Symantec to acquire Blue Coat for $4.6 billion

The world's biggest supplier of security software Symantec is on course to make a significant acquisition as the company has reached a deal to buy network protection specialist Blue Coat for $4.6...


Thumbnail

Name of 2016 St Jude Dream Home winner announced

Beverly Johnson, of Nampa, is the lucky winner of a beautiful new four-bedroom, three bath home in Meridian. Johnson won the 2016 St. Jude Dream Home during a live drawing Sunday evening on Idaho's Newschannel 7...


Thumbnail

Solar plane lands in NYC during journey to circle the globe

A solar-powered airplane on Saturday landed in New York City on Saturday after crossing the United States, the project team said. The single-seat experimental aircraft named Solar Impulse 2 arrived at New York's...


Thumbnail

Airbnb critics seize on race controversy

Airbnb has already launched measures aimed at reducing mounting charges that some hosts on its platform discriminate against guests on the basis of race. Critics of the service have highlighted the bias allegations...


Thumbnail

McDonald's to shift headquarters to Oprah Winfrey's Old Harpo Studios site:

Fast food chain McDonald's is reportedly holding serious talks to shift its headquarters to Oprah Winfrey's former Harpo Studios site. The fast food chain has been planning to shift its headquarters for quite some time...


Thumbnail

Tony Fadell defends his record and work style

Tony Fadell deserves credit for bringing the iPod to life at Apple and ushering in the iPhone. In 2010, he had started Nest Labs to modernize home gadgets and then sold the company to Google in 2014 for $3.2 billion...


Thumbnail

GM sales drop 18% in May, Ford plunges 5.9%, FCA up 1.1%

The sales of automakers plunged in May. General Motors Co's sales fell considerably due to the plunge in sales of fleet and production issues at numerous plants, affecting the supply of popular sellers. But auto analysts...


Thumbnail

Ex-Barclays director accused by US of illegal tips to plumber

Police on Tuesday arrested a former director at Barclays Plc on charges that he provided inside information about impending mergers he learned about at the bank to a plumber. The US authorities said that the tips...


Thumbnail

Viacom independent directors pledge to fight any ouster attempt

Media group Viacom is witnessing intense power battle, with with six independent investors pledging to thwart any attempt to oust them. The power struggle has put at stake the future of the $40 billion broadcast entertainment...


Thumbnail

Lufthansa to halt flights to Venezuela from June 17

One of Europe's largest airlines, Lufthansa, on Sunday announced that it will stop flying Venezuela from June 17. The airlines said that flights will remain suspended indefinitely to Venezuela, which is battling a...


Thumbnail

Coke debuts its 'proud to be an American' cans

Soda company Coke has released the new "I'm proud to be an American" limited edition red, white and blue cans in honor of the members of the military. The cans feature the American flag in their design. The news cans...


Thumbnail

Verizon, unions reach deal for four-year contract

Striking Verizon employees have reached an agreement with the company for a four-year contract. About 39,000 landline and cable employees in nine Eastern states and Washington, D.C., have been on strike since...


Thumbnail

Oil breaches $50 mark, lifts commodity stocks but Fed, China weigh

Brent crude oil on Thursday jumped to USD 50 a barrel for the first time in the last seven months. The increase in oil price lifted commodity and energy-related shares in Europe and Asia but the concerns over...


Thumbnail

Lawmaker raises concern over US bank hacks

Republican lawmaker Carolyn B. Maloney has expressed concern over bank hacks by writing a letter to the top banking regulators of the country. He said that the recent hacks of international banks through the...


Thumbnail

Ares Capital to acquire American Capital for $3.4 billion

Private equity firm Ares Capital has reached an agreement to acquire investment firm American Capital for $3.4 billion. The companies said on Monday that as part of the deal American Capital (ACAS) will jettison American...


Thumbnail

Bayer offers to buy Monsanto for $62 billion

German pharma giant Bayer has offered to pay as much as $62 billion in cash, including debt, to acquire American seeds company Monsanto. It would be biggest foreign takeover by a German firm if Bayer's proposal is...


 << Previous 
   Next>>