The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for at least three years before the publication of details about its members, according to internal documents and emails also released by hackers as part of their assault on the company in recent weeks. Avid Life Media announced on Friday that CEO Noel Biderman, who founded the website in 2001, had left the company
The Federal Reserve on Friday left the door open to a September interest rate hike even while several U.S. central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay the first policy tightening in nearly a decade. Some top policymakers, including Fed Vice Chairman Stanley Fischer, said recent volatility in global markets could quickly ease and possibly pave the way for the U.S. rate hike, for which
On Thursday the National Labor Relations Board (NLRB) ruled the owner of a California recycling plant was a “joint employer” with the contractor that hired workers at the plant, essentially forcing both to bargain with the union together or risk violating U.S. labor law. Business groups, arguing that the ruling could lead to higher costs and hurt the economy, are pushing the Republican-led Congress to overturn it, in part it
Myanmar has set a minimum wage of 3,600 kyat ($2.80) for an eight-hour work day, a move likely to boost investment in the fast-growing country’s garment industry. The decision on a minimum wage, which follows two years of often acrimonious debate between garment factory owners and labor unions, was announced on Saturday. Myanmar’s government has targeted garments for rapid growth, and Saturday’s statement may help spur this, as it gives
In 2009, Eugene Kaspersky, co-founder of one of the world’s top security companies, told some of his lieutenants that they should attack rival antivirus software maker AVG Technologies N.V. (AVG.N) by “rubbing them out in the outhouse,” one of several previously undisclosed emails shows. Former employees say that the reprisal Kaspersky was pushing for was to trick AVG’s antivirus software into producing false positives – that is, misclassifying clean computer
Caitlyn Jenner might be ready for romance! In an exclusive preview from Sunday’s brand-new episode of I Am Cait, Caitlyn and close friend Candis Cayne meet with a matchmaker to…
Tila Tequila has been kicked of the U.K. series Celebrity Big Brother season 16 over comments she made about the Holocaust and late Nazi leader Adolf Hitler more than a…
Being pregnant again is not stopping Kim Kardashian from showing her bikini body. She’s flaunting that baby bump! During recent family vacation to St. Barts, the…
Happy birthday, Lea Michele! On her 29th birthday, we’re chipping in to help the Glee alum celebrate by throwing it back to her best red carpet look. She’s had…
Seriously, Pippa Middleton? It’s like, we know the royal has a toned and trim figure, yet every time we see it, we get hit with a fresh dose of jealousy. The 31-year-old showed off…
