Business Headlines

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.

More Business Headlines

Business News

  • 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 couple's 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 and has attracted more than 360,000 'likes', follows other high-profile billionaires such as Warren Buffett and Bill and Melinda Gates, who have set up foundations to dedicate their massive fortunes to philanthropic endeavors. Zuckerberg, 31, who will control the new initiative and remain in charge of the world's largest online social network, said he would sell or give up to $1 billion in shares in each of the next three years.

  • 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: WSJ

    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 Web giant Yahoo Inc is set to discuss the company's future, and that of high-profile Chief Executive Marissa Mayer, when it meets this week, The Wall Street Journal reported late on Tuesday. The company's shares were up more than 6 percent in extended trading. Yahoo's core business, which includes popular services like Yahoo Mail and its news and sports sites, could attract private equity firms, media and telecom companies or firms like Softbank Group Corp , analysts have said in the past.

Send View

Follow WTVY

Ipad App
Droid App
Text Alerts
RSS Feeds
WTVY-TV 285 N Foster Street Dothan, AL 36303 334-792-3195
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability
Gray Television, Inc.