Business

Google Unveils All Access Music Service, Rivaling Spotify, Pandora

Google Unveils All Access Music Service, Rivaling Spotify, Pandora

Source: Salvador Rodriguez / Los Angeles Times Google took its first step into the music subscription service market Wednesday, announcing All Access — a Spotify and Pandora competitor. The Silicon Valley giant said All Access, a part of its Google Music service, will allow users to combine their music libraries with the millions of songs that [...]

Fortunate 50: Highest-Earning Athlete, Floyd Mayweather Jr., Talks Money (VIDEO)

Fortunate 50: Highest-Earning Athlete, Floyd Mayweather Jr., Talks Money (VIDEO)

Source: Daniel Roberts / Sports Illustrated When welterweight Floyd Mayweather was No. 1 on Sports Illustrated’s Fortunate 50 last year—knocking out Tiger Woods, who had been No. 1 every year since SI started producing the list in 2004—it looked like a fluke, the result of the $85 million he received for his fights with Victor [...]

Detroit Is ‘Clearly Insolvent,’ Emergency Manager Says

Detroit Is ‘Clearly Insolvent,’ Emergency Manager Says

Source:Reuters / NBC News Michigan’s biggest city is “clearly insolvent” and needs many fixes including to its pension system and labor agreements to addresses its problems, according to a report outlining the state of Detroit’s finances. “The City of Detroit continues to incur expenditures in excess of revenues despite cost reductions and proceeds from longterm [...]

More Working-Class Families Spend Half Of Income On Rent

More Working-Class Families Spend Half Of Income On Rent

Source: MarketWatch / CBS News More than 26 percent of working-class Americans who rent apartments spent over 50 percent of their income on housing in 2011, up from just 22.8 percent in 2008, according to a new report. The study by the Center for Housing Policy found median housing costs of working renters rose nearly [...]

Internet Sales Tax Passes Senate

Internet Sales Tax Passes Senate

Source: Hadley Malcolm / USA Today The Senate passed a bill Monday night aimed at making it easier for states to collect sales taxes for online purchases, but its final prospects remain uncertain. Even so small online retailers are already thinking about the bill’s potentially large impact on their operations. Nancy Mashragi would seriously consider [...]

YouTube To Launch Subscription Plan For Some Channels

YouTube To Launch Subscription Plan For Some Channels

Source: Roger Yu / USA Today Google is planning to launch a subscription service for some YouTube channels to raise revenue and help finance independent video producers, according to the Financial Times. Under the new terms, viewers will be required to pay about $1.99 or higher per channel, the report says, citing people familiar with the plan. [...]

Airline Plans To Charge Up To $100 For Luggage In Overhead Bin

Airline Plans To Charge Up To $100 For Luggage In Overhead Bin

Source:  Joshua Freed / The Huffington Post Frontier Airlines plans to start charging up to $100 for a carry-on bag and $2 for coffee or soda, although its announcement on Wednesday did say that passengers will get to keep the whole can. The new carry-on fee is for bags in the overhead bin, so small bags [...]

J.C. Penney Ad Apologizes To Customers (VIDEO)

J.C. Penney Ad Apologizes To Customers (VIDEO)

Source: AP / ABC News J.C. Penney is sorry and it wants your business back. That’s the gist of its latest ad, a public “mea culpa” which the mid-priced department-store put on its YouTube and Facebook pages. The ad, titled “It’s no secret,” shows shots of women working, playing with their children and doing other [...]

T-Mobile Accused Of Making Pregnant Woman Clock Out To Use Bathroom

T-Mobile Accused Of Making Pregnant Woman Clock Out To Use Bathroom

Source: Abby Ellin / ABC News According to Kristi Rifkin, her second pregnancy was a difficult one, and she was going to the doctor twice a week, seeing both a regular obstetrician and a high-risk obstetrician. She was also required to drink “tons and tons” of water – which, in turn, resulted in frequent trips to the bathroom. [...]

Netflix Is Losing Almost 2,000 Movies In May

Netflix Is Losing Almost 2,000 Movies In May

Source: Alexis Kleinman / The Huffington Post Say goodbye, Mr. Bond. On Wednesday, about 2,000 movies — including many Bond titles – will be removed from Netflix. Netflix’s licensing deals with major studios including MGM, Universal, and Warner Bros. expire May 1. While some news outlets originally reported that these movies were moving to Warner Bros.’s new streaming site, [...]

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