The New York Times
The New York Times Acquires Podcast Company Serial Productions
The company is also entering a strategic alliance with the radio program "This American Life."
Unilever Acquires Dollar Shave Club
Unilever gains a potent database of male buying habits, as well as a powerful internet direct-sales model, for $1 billion.
China Moves to Stop Stock Markets’ Nosedive
Trading suspensions and share purchasing by brokerage firms "reek of panic," says one analyst.
Durable Goods Disappoint
Durable goods orders fell 1.4% in February, a significant variance from economists' median forecast of a rise of 0.2%.
Square Rolls Out Business Payment Service
“Individuals aren’t the only ones who don’t like checks,” the company said. “They’re inconvenient for businesses too."
Philips Plans to IPO Lighting Unit
The proceeds of the spin-off will be used to “increase growth and drive profitability through ... disciplined capital allocation," the Dutch company said.
Fed Still Biding Its Time on Interest Rate Hike
FOMC members also cut their median projections for the central bank's key interest rate to 0.625% for 2015 and 1.875% for 2016.
‘Spear Phishing’ Attacks Infiltrate Banks’ Networks
Hackers in Russia, China, and Europe used malware-laced emails to bank staffers to penetrate banks' systems and steal money.
China Expects Tech Companies to Disclose Source Code
U.S. business groups are calling on China to postpone the government's new draconian cyber-security rules for tech vendors.
SEC Official Sees ‘Positive Change’ in Private Equity Firms
"Transparency has improved markedly" at private equity firms, says the commission's head of private funds compliance inspections.
Tech Giants Reach Deal to Settle ‘No Poaching’ Suit
Apple, Google, Intel and Adobe Systems to settle class-action lawsuit over secret agreements to keep their hands off each other's workforces.