High-paying investors have helped the market to bloom in the desert city that once ranked as the foreclosure capital. Even homeowners who thought they were underwater are benefiting. One owner says her home's value increases by about $1,000 every two days. That, she says, is the craziness of Vegas.
Sprint Nextel shareholders have signed off on an offer from Japan's SoftBank to acquire a majority stake in the U.S. wireless carrier. The deal which is expected to be approved by U.S. regulators could bring more robust competition to the U.S. mobile market.
It has been more than five years since the collapse of Fannie Mae and Freddie Mac forced the government to move the mortgage giants into conservatorship. Congress is finally starting to grapple with what comes next.
John Hammergren, the chairman and CEO of drug distributor McKesson, may have the largest pension ever reported for an individual, at $159 million. That's what he would have been owed in a lump sum if he had left voluntarily on March 31.
In what Hostess calls "The Sweetest Comeback In The History Of Ever," Twinkies will return in July — just the latest iconic product to reappear, as vinyl records and Polaroid cameras experience a surge in popularity. The twist? Some of the products' biggest fans were born after the age of CDs and digital cameras.
Bobby and Jamie Deen say their mother is the victim of character assassination. Their defense comes as the queen of Southern cooking continues to lose endorsement deals. But not all of Deen's business partners are abandoning her, nor are all her fans.
Only 3 percent of venture-backed companies were led by all-female teams, while 89 percent were all male. The staggering male-to-female ratios at the top of the tech industry can't be addressed without a clearer count, writes Code for America's Catherine Bracy.
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