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Mattel names new head of Barbie business

(Reuters) - Toy maker Mattel Inc on Friday named a new head for its Barbie business as it seeks to reignite sales of its iconic dolls after two years of declines.Lisa McKnight, a marketing veteran at...

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The world in photos this week

A selection of photos from some of this week's biggest news that you might have missed.Beyonce performs during halftime at Super Bowl 50 at Levi's Stadium in Santa Clara, California on February 7,...

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14 ways an economist might say 'I love you'

14 ways an economist might say 'I love you'.Join the conversation about this story »NOW WATCH: A new theory suggests this is the real reason Cam Newton stormed out of his press conference

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Bank of America CEO Brian Moynihan got a 23% raise

Bank of America CEO and Chairman Brian Moynihan received a $16 million compensation package for 2015.That's a 23% raise from 2014.His compensation includes a $1.5 million salary, unchanged from the...

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Exclusive: Boeing nears decision to self-fund more F/A-18 fighters

By Andrea ShalalWASHINGTON (Reuters) - Boeing Co is nearing a decision to invest "a significant amount" to keep a F/A-18E/F fighter jet production line in St. Louis running as it waits for the U.S....

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Twitter says Dorsey continues to forego direct compensation

(Reuters) - Twitter Inc Chief Executive Jack Dorsey has agreed to continue to forego any form of direct compensation, a regulatory filing by the company showed on Friday.Dorsey in June agreed to no...

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Loeb says Third Point raised short bets to avoid losses

By Svea Herbst-BaylissBOSTON (Reuters) - Billionaire investor Daniel Loeb has told clients his firm has taken more defensive bets in the face of tumbling markets by dramatically increasing its short...

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Visa's investment in Square represents about 1 percent stake

SAN FRANCISCO (Reuters) - Visa Inc , the world's largest credit and debit card company, said on Friday it currently has about a 1 percent stake in mobile payments company Square Inc based on a 2011...

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Watch 1,400 US workers learn their jobs are moving to Mexico

A crowd of Carrier manufacturing workers erupted into anger Wednesday as they learned their plant was being relocated to Monterrey, Mexico.Carrier, an Indianapolis-based heating, ventilation and air...

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These are the 19 happiest cities in Europe, according to the people who live...

In January, the European Commission dropped its yearly Flash Eurobarometer of quality of life in European cities, a huge survey of how happy people in hundreds of cities across Europe are.The survey...

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A UK tech company backed by Apple is in crisis

Imagination Technologies, a microchip designer that works with Apple and counts the US tech giant as its third-biggest shareholder, is in big trouble.On Monday, the company announced a huge overhaul of...

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A hot data startup that scooped Twitter's earnings is now working with the...

Twitter has signed a deal to share tweet data with Selerity, the financial information company that last year leaked Twitter's earnings almost an hour early.Selerity, founded in 2008, is an event...

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Investors are starting to worry about 'froth' in one of the hottest tech...

The picture you're seeing shows 1,500 people packed into London's Old Billingsgate, all there to talk about one thing — fintech, or financial technology.It's the Finovate Europe conference this week,...

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IEA: Don't buy oil

Oil prices will stay low, and the imbalance of supply and demand in the markets will increase even more, according to the latest Oil Market Report from the International Energy Agency, released...

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It keeps getting harder to argue the US economy is entering recession (SPY,...

The "recession" argument keeps losing credibility.US economic data releases were sparse this week, but the few indicators we did get confirmed the US economy is not on the brink of recession.Consumer...

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This is what a $700 billion bond-market bubble looks like

Two of the most important central-bank governors, Japan's Haruhiko Kuroda and the eurozone's Mario Draghi, have each said there's "no limit" to what they'll do to loosen monetary policy this year.This...

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Hot money transfer app WorldRemit is doing 400,000 transfers a month

Hot UK money transfer app WorldRemit has secured a $45 million (£31 million) line of credit from US growth fund TriplePoint Venture Growth and Silicon Valley Bank.WorldRemit specialises in serving...

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These are the 15 European cities where people are happiest with their jobs

You might think people are happiest in their jobs in the big capitals of Europe, such as London or Berlin. But those political and financial centres fail to get in to the top locations for happy...

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Negative interest rates are the problem, not the solution, for central banks

Negative interest rates are the problem, not the solution, for central banksJoin the conversation about this story »NOW WATCH: Hidden Facebook tricks you need to know

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There has been brutal culling of Wall Street traders

Wall Street is not what it once was.More than 10,ooo jobs in sales and trading have disappeared since 2010, with some business lines, like bond trading, especially hard-hit.The top 10 global banks have...

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