Business & Economy

August 15 (Bloomberg) -- In this installment of Secret Valley, Bloomberg Businessweek's Ashlee Vance visits NASA's Ames Research Center where a forgotten McDonald's, nicknamed "McMoon's," serves as the headquarters for a project to digitize fifty year old photographs of the surface of the moon. (Source: Bloomberg) Click here for more information Businessweek.com -- Most Popular

August 26, 2013 at 4:37 am | News Desk

By Devdutt Pattanaik I am a senior HR professional and I am in a fix. My super boss has been making sexual overtures at me and I am very uncomfortable. He is a smooth operator, always says and does things that I have no proof against. But he knows it and I know what he wants. But this has started affecting my career as he takes all the critical decisions and always makes sure he has a reason of making me suffer. I love my job and also I need the money. I can't even complain to higher ups since he is a proven performer and no one will take my side. What do I do? You have not clarified your gender. And I will not assume it. Anyone can be sexually harassed. So read this column as gender neutral. We inhabit three worlds at all times: Sanskr...

August 26, 2013 at 12:19 am | News Desk

By Kenneth Rogoff   Is bad news for gold good news for the global economy?   In principle, holding gold is a form of insurance against war, financial Armageddon, and wholesale currency debasement. And, from the onset of the global financial crisis, the price of gold has often been portrayed as a barometer of global economic insecurity. So, does the collapse in gold prices – from a peak of $1,900 per ounce in August 2011 to under $1,250 at the beginning of July 2013 – represent a vote of confidence in the global economy? To say that the gold market displays all of the classic features of a bubble gone bust is to oversimplify. There is no doubt that gold’s heady rise to the peak, from around $350 per ounce in July 2003, h...

August 25, 2013 at 11:26 pm | News Desk

A Brooklyn restaurant that publicly broke ties with online delivery services says it’s bringing in roughly the same amount of money but selling fewer meals Click here for more information Businessweek.com -- Most Popular

August 25, 2013 at 3:01 am | News Desk

Decentralized homegrown green energy is making power utilities irrelevant Click here for more information Businessweek.com -- Most Popular

August 25, 2013 at 3:01 am | News Desk

The litigation that unveiled Deen's past use of a racial epithet ended with a settlement agreement on Friday Click here for more information Businessweek.com -- Most Popular

August 25, 2013 at 3:01 am | News Desk

The Inform Act would require the government to calculate the impact of today’s budgets on future generations of Americans Click here for more information Businessweek.com -- Most Popular

August 24, 2013 at 3:09 am | News Desk

Companies including Comcast and Time Warner Cable are positioning themselves to profit from Internet television, but they may have waited too long to do so Click here for more information Businessweek.com -- Most Popular

August 24, 2013 at 3:09 am | News Desk

Decentralized homegrown green energy is making power utilities irrelevant Click here for more information Businessweek.com -- Most Popular

August 23, 2013 at 3:43 am | News Desk

Decentralized homegrown green energy is making power utilities irrelevant Click here for more information Businessweek.com -- Most Popular

August 23, 2013 at 3:38 am | News Desk

FOREIGN companies love to complain about doing business in China. The rules of the game are rigged against them, they grouse, the locals are corrupt and the government is always turning the thumbscrews on them. Amid such moans it is worth remembering that, for all the barriers that foreign multinationals face in China, it has welcomed them with open arms compared with the protectionism imposed by Japan and South Korea at comparable stages in their economic development. Nevertheless, the recent spate of high-profile crackdowns on international firms, and people associated with them, has prompted worries about a generalised anti-foreigner backlash.This week police in Shanghai formally arrested a British fraud investigator, Peter Humphrey, w...

August 23, 2013 at 3:05 am | News Desk

TAIWAN has a paradoxical claim to fame. The island of 23m people is home to many leading information-technology companies—few of which are well known abroad. Most of the world’s personal computers are made by Quanta, Wistron or some other obscure Taiwanese firm, though they bear the names of Dell, HP or Lenovo. The processors in your smartphone or tablet may have been made by Taiwan Semiconductor Manufacturing Company (TSMC) and its touch-screen by TPK. And, especially if your device is Chinese, there is a good and growing chance that the chips were designed by MediaTek.The firm entered the smartphone-chip market in 2011. That year just 10m smartphones were shipped containing its technology. Last year the number jumped to 110m...

August 23, 2013 at 3:05 am | News Desk

A Stella success TEN years ago sportswear-makers were cramming ever more features and futuristic designs into their products. They were convinced that the consumer bought, say, training shoes based on their technical specifications. But in 2004 James Carnes, today adidas’s creative director for sportswear, and a Danish consultant named Mikkel Rasmussen met at a conference in Oslo at which Mr Rasmussen challenged this notion. A mobile phone, he said, may have 72 functions, but that is 50 more than most people wanted, or used. Mr Carnes was intrigued, and so began an almost decade-long engagement for ReD, the small consultancy Mr Rasmussen co-founded in Copenhagen. In that decade adidas’s sales and share price have grown steadi...

August 23, 2013 at 3:05 am | News Desk

Sales of Folgers coffee, already No. 1 in the U.S., rose in the last quarter Click here for more information Businessweek.com -- Most Popular

August 23, 2013 at 3:05 am | News Desk

Decentralized homegrown green energy is making power utilities irrelevant Click here for more information Businessweek.com -- Most Popular

August 23, 2013 at 3:05 am | News Desk

As the quasi-mainstream electric car crushes the crushing machine, Elon Musk's PR rolls over the National Highway Traffic Safety Administration Click here for more information Businessweek.com -- Most Popular

August 21, 2013 at 4:15 am | News Desk