A Barclays report on wealthy individuals worldwide notes that 47 percent of rich Chinese intend to move abroad in the next five years
More than a third of Americans are obese, but new pharmaceutical treatments have been slow to take off. Will Contrave figure out how to sell weight-loss drugs in the U.S.?
New data from the CDC show the increase in overdose deaths among whites far outpaced those among other races
The Android One starts at about $105
Calpers thinks hedge funds are too expensive and basically more trouble than they're worth. Could this be the start of a trend?
A business card with a brain can be customized for different recipients
"It's so much more than just a soda for many of us," says Evan Carr, the 26-year-old founder of the Surge Movement
Jeff Brines climbed 1 million vertical feet last year while keeping his day job. Now he's challenging young people to make their own extracurricular odysseys
A report finds high default rates on franchise loans
Murdoch made his career—and billions—developing media properties into powerhouses. He's aiming to do it again with MySpace, the social network he bought in 2005 for a mere $580 million. Under the ownership of News Corp. (NWS), MySpace has morphed from a site where users post messages to friends and listen to unsigned bands into a full-fledged Web portal for entertainment content that pulls in an estimated $800 million per year in revenue. The site, which has more than 117 million users worldwide, has signed deals to distribute television shows and original programming and, this September, launched MySpace Music—a joint venture with the four major record labels and Indie players. Now Murdoch's challenge is to turn all the traffic and premium content into ad buys capable of competing with the likes of Yahoo.