Category Archives: Trade

Groupon Inc. founder and Chairman Eric Lefkofsky may parlay a $1 million check to co-founder Andrew Mason four years ago into a stake worth $2.3 billion when the daily-deal site sells shares to the public next month. Lefkofsky owns 129.2 … Continue reading →

Four years ago, Ethan Diamond underwent an ordeal trying to buy an album online that a band had self-released: First the website crashed, then the download failed and left him struggling to find a link to report the problem. Eventually … Continue reading →

The holy grail of the music business is the power to anticipate which songs will jump to the top of the charts. Record companies rely on everything from focus groups to superstitions to place their bets on smash hits. Onetime … Continue reading →

A raid on Gibson Guitar Corp. by U.S. agents seeking illegally imported wood has given anti- regulation activists from the Tea Party to fiddler Charlie Daniels one more reason to dislike the Obama administration. “Thirty agents with guns” showed up … Continue reading →

When she started at the University of California at Berkeley, grad student Christen Penny tried to transcribe her professors’ lectures faithfully by hand. Within two weeks she recognized she was falling behind because she couldn’t take notes fast enough. So … Continue reading →

In late 2008, a startup called Moksha8 convinced Pfizer (PFE) to do an unusual deal in Brazil. In exchange for a cut of sales, Moksha8 would promote a decades-old antibiotic called Vibramycin, along with several other brands in Pfizer’s portfolio … Continue reading →

The Gross Domestic Product (GDP) in Indonesia expanded 2.90 percent in the second quarter of 2011 over the previous quarter. Historically, from 2005 until 2011, Indonesia’s average quarterly GDP Growth was 1.50 percent reaching an historical high of 3.82 percent … Continue reading →

Indonesia, a vast polyglot nation, has weathered the global financial crisis relatively smoothly because of its heavy reliance on domestic consumption as the driver of economic growth. Although the economy slowed significantly in 2009 from the 6%-plus growth rate recorded … Continue reading →

Deutsche Bank AG (DBK), BNP Paribas (BNP) SA and Goldman Sachs Group Inc. (GS) are among banks that must hold additional capital buffers ranging from 1 to 2.5 percentage points under plans approved today by the Group of 20 nations. … Continue reading →

Anglo American Plc (AAL) agreed to buy the Oppenheimer family’s 40 percent stake in De Beers for $5.1 billion in cash, ending the dynasty’s 80-year ownership in the world’s largest diamond miner. The transaction will increase Anglo’s holding in De … Continue reading →