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Business News

Fri, 07/04/2014 - 4:05am

David Greene has business news.

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Fastest Growing U.S. City Faces Housing Shortage

Fri, 07/04/2014 - 4:05am

Census data show San Marcos, Texas, is the U.S.'s fastest growing city. Students make up many of the 10,000 people who've moved there since 2010, pushing the population from 45,000 to over 54,000.

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Facebook Apologizes For Manipulation; Data Research Likely To Go On

Fri, 07/04/2014 - 4:05am

A mood study that Facebook conducted on unwitting users has been criticized. Data science plays an integral role at Facebook — for bottom line reasons, and in collaboration with academic researchers.

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Authors Take Opposite Sides On Hachette, Amazon Spat

Thu, 07/03/2014 - 5:34pm

Bestsellers published by traditional means accused Amazon of "unfair pricing." Self-published authors penned a stinging critique of traditional publishing.

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SunTrust Settles In Probe Into Mishandled Home Loan Modifications

Thu, 07/03/2014 - 4:41pm

The bank's mortgage-lending arm agreed to pay up to $320 million to resolve allegations that it bungled applications for the federal Home Affordable Modification Program.

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In A Battle For Web Traffic, Bad Bots Are Going After Grandma

Thu, 07/03/2014 - 4:13pm

"Bad" Web bots are going after everyone they can, but why? Because by hijacking Grandma's computer, they make it look as if she visits a site often, thus making the site more valuable to advertisers.

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Jobs Numbers Buoys Dow Above 17,000 For The First Time

Thu, 07/03/2014 - 3:27pm

The Dow rallied on better-than-expected news from the jobs market. The S&P also closed higher, continuing its positive run.

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Export-Import Controversy Gives Rise To A Tale Of Two Washingtons

Thu, 07/03/2014 - 3:09pm

While a debate rages over the future of the Export-Import Bank in Washington, D.C., the bank's potential demise has drawn warnings from the other Washington — Washington state. Ashley Gross of KPLU reports that businesses, labor unions and politicians are raising alarm bells about potentially severe consequences.

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Hiring Is Looking Good Now, But Wage Growth Lags

Thu, 07/03/2014 - 3:03pm

The improving labor market in June did not translate into significant pay hikes. Wages were just 2 percent higher compared with a year ago. Consumer prices have been rising at a 2.1 percent rate.

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