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The Fed just took the training wheels off the US economy

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3 hours ago

IBM and Twitter shake hands.

  Twitter will give IBM its data. And in return, IBM will use its supercomputers to sell solutions that enable companies to “make better decisions.” Details are few and far between, but Twitter says it’s seeing 15 billion pieces of “social activity” every day on its network.
October 29, 2014

Officials point to Kremlin in hacking of the White House.

  Nothing was broken in the breach, said anonymous White House officials, who told the Washington Post that the hackers were probably working for Russian intelligence. Computers storing classified information weren’t compromised, they said. This wouldn’t be the first time Russia has penetrated America’s systems: It hacked into US military networks back in 2008.
October 29, 2014

A pilot strike costs Air France-KLM €330 million.

  Two weeks of industrial action last month contributed to a more than 50% annual fall in the airline’s third-quarter operating profit, which was €247 million ($315 million). Europe’s second-largest network carrier said it would focus on “dynamic management” throughout 2015 to make up for lost earnings, but denied it has plans to slash jobs.  
October 28, 2014
Chart of the Moment

Being a pop star is hazardous to your health.

October 29, 2014

Nintendo gets a high score.

  The video game company recorded third-quarter net income of 24.2 billion yen ($224 million), well above expectations of 5.7 billion yen and up from a loss of 8 billion yen a year earlier. Increased demand for Wii U games and a weaker yen boosted the results; Nintendo left its full-year sales forecast unchanged at 590 billion yen.  
October 29, 2014

Chinese real estate is hot—at least by this measure.

  Data gathered by the China Sexology Association says 44% of men and 40% of women have sex less than once a week. But a breakdown by profession found that those in real estate are the most likely to report copious amounts of coitus.

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