Business

6:50am

Thu October 31, 2013
Business

Nintendo Reports More Losses

Originally published on Thu October 31, 2013 7:22 am

Nintendo, the world's largest video game company, reported its third quarterly net loss in a row — the latest was just over $81 million. The Wii U gaming console's disappointing sales are the main culprit. It has sold just 5 percent of what Nintendo had projected a year ago.

4:01am

Thu October 31, 2013
Business

Providence Kindles Love Of Horror Writer H.P. Lovecraft

Originally published on Wed November 6, 2013 11:42 am

An artists's rendition of pulp-fiction writer H.P. Lovecraft is just one example of the author's growing popularity.
The Lovecraft Anthology

Pulp-fiction writer Howard Phillips "H.P." Lovecraft has for decades terrified an underground following of readers with horror stories about monsters and aliens. He's known to some as a bad writer, and to many as a racist. Even during the author's lifetime, his readership was limited.

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3:57am

Thu October 31, 2013
The State Of The American Small Business

What Happens When The Pace Of Startups Slows Down

Originally published on Thu October 31, 2013 12:45 pm

Is this coffee shop going to grow to be the next Starbucks?
iStockphoto.com

Since the financial crisis hit five years ago, there aren't as many Americans starting new businesses. In uncertain economic times, it's harder for entrepreneurs and investors to take the risk.

And if you look back over the past 25 years, it turns out the overall trend is toward fewer new businesses getting started, too — and that's not good at all when the country needs more jobs.

The Next Google

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5:44pm

Wed October 30, 2013
The Salt

Soylent: An Offbeat Food Idea Investors Are Taking Seriously

Originally published on Fri November 1, 2013 3:18 pm

There are people who'd rather not eat food? Yes. And Silicon Valley investors are betting they'll buy Soylent.
iStockphoto.com

Back in April, we described Rob Rhinehart's experiment concocting something that could give him all the nutrition and none of the hassle of food.

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5:12pm

Wed October 30, 2013
Media

Prosecutors Press Case In 'News Of The World' Phone-Tapping Trial

Originally published on Wed October 30, 2013 6:00 pm

At the Old Bailey Courthouse in London Wednesday, the prosecution laid out the case against former journalists of the now-defunct British tabloid News of the World.

5:12pm

Wed October 30, 2013
Economy

Business Leader Sees Uncertainty, Increased Costs In Health Law

Originally published on Wed October 30, 2013 6:00 pm

Against the backdrop of big uncertainties business are facing — everything from the future of fed policy and leadership and gridlock in Washington to the effects of Obamacare, inflation and unemployment — Robert Siegel talks with Pat Meyer, president and CEO of windows and doors maker Pella Corporation for an on-the-ground sense of how businesses see these uncertain economic times.

5:12pm

Wed October 30, 2013
Economy

Fed, Citing A Still-Struggling Economy, Will Keep Buying Bonds

Originally published on Wed October 30, 2013 6:00 pm

Federal Reserve policymakers wrapped up their two-day October meeting Wednesday by announcing that they will maintain the Fed's $85 billion per month bond purchase program. The central bank's statement said that conditions in the labor market have "improved" and inflation is modest. But, in explaining the decision to maintain the stimulus, the statement pointed to a slowing housing market and said that fiscal policy is "restraining economic growth."

5:12pm

Wed October 30, 2013
Health Care

Here's What You Need To Know About Obamacare And Your Health Plan

Originally published on Wed October 30, 2013 6:00 pm

The latest complaints about the health law center around the question of whether you can keep your current health plan if you like it. There actually are rules associated with the law that try to protect that right. Here's a primer on those rules.

3:27pm

Wed October 30, 2013
Economy

Why The Fed Decided Not To Change Course

Citing continued signs of weakness, the Federal Reserve said it will keep aiming for low interest rates.
Mark Wilson Getty Images

Look around. Do you see much inflation?

Gas prices are down more than 7 percent from last year. Grocery costs haven't budged lately. And — just in time for Halloween — the price of candy is down 2.3 percent from last year, according to the government's consumer price index released Wednesday.

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2:56pm

Wed October 30, 2013
The Two-Way

For Now, Fed Will Stand Firm On Bond Buying

Originally published on Wed October 30, 2013 3:36 pm

The Fed pointed to a somewhat weaker housing market in recent months.
Scott Olson Getty Images

The Federal Reserve's message, at least for now, is to take a wait-and-see approach to the economy before tapering off on its bond-buying program.

In a statement issued after Wednesday's meeting, the Federal Open Market Committee said that while it has seen signs of "growing underlying strength in the broader economy" it awaits "more evidence that progress can be sustained."

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