The cost of a hotel room is up — a lot. Recently, prices have leapt nationwide at triple the rate of inflation. Even some business travelers are turning to peer-to-peer rentals to escape the prices.
Companies are clamoring for coverage against losses due to hackers. But insurance firms are being selective: The risk involved isn’t well understood — and the crimes themselves are evolving rapidly.
Angus Deaton is the winner of the Nobel Memorial Prize in Economic Science. His studies touch on consumption, poverty and welfare. He is a dual citizen of the United States and the United Kingdom.
“I’m absolutely delighted,” says Angus Deaton of Princeton University. He won for “his analysis of consumption, poverty, and welfare,” the Nobel Committee says.
Los Angeles has been known mostly as a place to work, but the number of residents has more than tripled since 2000. Developers can’t build condos fast enough while many offices sit empty.
The landmark Hotel Okura’s design didn’t meet the need for more rooms for the 2020 Summer Olympics. Now, an icon of Japanese mid-century modern architecture will disappear.
Heavy rains have damaged much of the crop in the Midwest. Canned pumpkin giant Libby’s says there should be enough to fill your pies for Thanksgiving, but after that, things will be tight.
Many alternative food brands have been swallowed by big food companies. Recently, Perdue bought Niman Ranch, which sells “natural” meat. But after a sale, will shoppers feel the product is the same?
Seeking to broaden Dell’s information technology product line, its deal to buy EMC Corp. also gives EMC shareholders a stake in VMware, a cloud and virtualization company.
Twitter is expected to lay off workers, on the heels of announcing its new CEO. What do Twitter’s recent struggles say about the company — and Silicon Valley in general?