Low oil price puts pressure on US banks
The low crude price is putting US banks under pressure from regulators to move quickly in classifying oil and gas loans as troubled assets when borrowers slide into difficulty, says a top financier.
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Ciara Debuts Sleek Bob Haircut at the 2015 MTV VMAs—See Her New 'Do!
Short and sassy! With the pixie pink hair dyes and Kate Gosselin ‘dos dominating the hair department at the 2015 MTV VMAs last night, we almost missed Ciara’s sharp new bob…
Kylie Jenner Stars in Tyga's "Stimulated" Music Video, Couple Puts Their Romance (and PDA) on Display—Watch Now!
Tyga and Kylie Jenner have never really been about PDA, until now. The rapper released his music video for “Stimulated,” which is basically an inside look at the romance between…
High School Launches Viral Campaign to Get Tom Hanks to Attend Homecoming Dance
Are you listening, Tom Hanks? One California high school has launched a campaign in hopes of getting the 59-year-old actor to attend their homecoming dance on October 9. Students…
Caitlyn Jenner Blogs About Transgender Youth Retreat Camp Aranu'tiq and Has "Mastermind" Nick Teich Tell His Story
This article is part of an on-going original series written by Caitlyn Jenner for WhoSay called “The Real Me,” which explores issues and people in the LGBT community. Hi friends!…
Ashley Madison owner says site still adding users after data hack
Hundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media said on Monday, even after hackers leaked data about millions of its clients. “Recent media reports predicting the imminent demise of Ashley Madison are greatly exaggerated,” the company said in a statement. “Despite having our business and customers attacked, we are growing.” On Aug. 18, hackers who claimed to
Toshiba scandal continues as more accounting errors found
By Ritsuko Ando TOKYO (Reuters) – Toshiba Corp again delayed announcing its annual financial results on Monday, as new accounting errors prevented the company from drawing a line under Japan’s worst corporate scandal in four years. Toshiba, which was scheduled to post its earnings for the business year ended in March, said the newly discovered problems included incorrect impairment charges on fixed assets at several subsidiaries and improperly timed booking
Venture capital cash surfers may see waves recede in market turmoil
By Sarah McBride and Heather Somerville SAN FRANCISCO (Reuters) – The waves of cash surfed relentlessly by some of Silicon Valley’s largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public. Investors have created 132 privately held companies valued at $1 billion or more each, according to tracker firm CB Insights, including ride-hailing service
Dating site eHarmony aims to mix work with pleasure
As a marriage counselor years ago, Neil Clark Warren saw first-hand how incompatibility led to unhappy matches. “(The career market) is such a big market that we do expect it to grow faster than our core product,” the octogenarian clinical psychologist and eHarmony CEO said in an interview. The market is dominated by Barry Diller’s IAC/InterActiveCorp, owner of Match.com as well as other sites for the lovelorn.
Investment firm Pleasant Lake offers to buy MagnaChip
(Reuters) – Investment firm Pleasant Lake Partners LLC offered to buy analog chipmaker MagnaChip Semiconductor Corp in a deal valuing the South Korea-based company at about $346 million. MagnaChip’s shares were up 5 percent at $8.12 in mid-morning trade. The $10-per-share offer of Pleasant Lake, which owns 9.9 percent of MagnaChip, is at a premium of 29 percent to MagnaChip’s Friday closing price.(http://1.usa.gov/1fRbi5p) MagnaChip’s chips are used in smartphones, tablets