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Barbie Tops Frozen in Girl's Toys for 2015

Posted: 11/27/2015 - After losing her spot to the characters from the movie Frozen last year, Barbie ices out the competition as the number one toy for girls this holiday season - according to the National Retail Federation survey.

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  • Asia stocks hesitant, dollar knocked after poor U.S. data

    A pedestrian walks past electronic boards showing the Japan's Nikkei average outside a brokerage in TokyoBy Shinichi Saoshiro TOKYO (Reuters) - Asian stocks stuttered in early trade on Wednesday after downbeat U.S. manufacturing data raised concerns about the health of the world's biggest economy, while the dollar retreated from 8-1/2-month highs. Japan's Nikkei dipped 0.2 percent, Australian stocks lost 0.5 percent and South Korea's Kospi shed 0.3 percent. The mixed data prompted markets to question whether the U.S. economy was ready for an interest rate hike that could come as early as this month.

  • U.S. manufacturing contracts, but rest of economy humming along

    Media and workers walk in a tunnel in the East Side Access project, more than 15 stories beneath Midtown Manhattan where workers are building a new terminal for the Long Island Railroad in New YorkU.S. manufacturing contracted in November for the first time in three years as the sector buckled under the weight of a strong dollar and deep spending cuts by energy firms, but robust automobile sales suggested the economy remained on solid ground. Other data released on Tuesday showed a sturdy increase in construction spending in October, which should help offset the drag from manufacturing on fourth-quarter economic growth. With manufacturing accounting for only 12 percent of the economy, analysts say it is unlikely the persistent weakness will deter the Federal Reserve from raising interest rates this month.

  • Facebook's CEO and wife to give 99 percent of shares to their new foundation

    Facebook Inc. Chief Executive Mark Zuckerberg and his wife Priscilla are seen with their daughter named MaxBy Yasmeen Abutaleb SAN FRANCISCO (Reuters) - Mark Zuckerberg will put 99 percent of his Facebook Inc shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality, he and his wife said Tuesday in a letter to their newborn daughter. The plan, which was posted on the Facebook founder and chief executive officer's page, attracted more than 570,000 "likes," including from singer Shakira, former California Governor Arnold Schwarzenegger and Melinda Gates, wife of Microsoft founder Bill Gates. The Gates and other high-profile billionaires such as Warren Buffett have set up foundations of their own to dedicate their massive fortunes to philanthropic endeavors.

  • Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets - sources

    A Dell logo is seen in this illustration picture taken in SarajevoBuyout firms KKR & Co LP , Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc's assets, people familiar with the matter said, as the computer maker steps up asset sales. Divesting these assets would help Dell bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for $67 billion. The three private equity firms are vying for Dell's Quest Software, which helps with information technology management, as well as SonicWall, an e-mail encryption and data security provider, the people said this week.

  • Yahoo board to weigh future of company, Marissa Mayer: source

    Yahoo CEO Marissa Mayer speaks during her keynote address at the annual Consumer Electronics Show (CES) in Las VegasSAN FRANCISCO/BENGALURU (Reuters) - The board of Yahoo Inc is weighing a sale of its core Internet business when it meets this week, a source familiar with the matter told Reuters. The board's meeting comes amid a broader debate about the future of the company and that of high-profile Chief Executive Marissa Mayer. The Wall Street Journal first reported the possible sale of the Internet business late on Tuesday.

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