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
The Consumer Financial Protection Bureau is suing Corinthian, a for-profit college operator, alleging abusive debt collection and deception
A report finds high default rates on franchise loans
Rank: 2 (Previous Rank: 1)
Budget gap (as a % of the total budget): 30.30%
Total gap: $30.6 billion
Gap before budget was approved: $22.2 billion
Additional midyear gap: $8.4 billion
The Golden State is looking a lot less golden these days as it is being forced to hold off on $3.8 billion in financing for road, prisons, school, and other projects because of the current budget shortfall. California, which has been battered by foreclosures, needs the money to pay for immediate needs, including health care and public safety. Democratic and Republican lawmakers have been unable to agree on a compromise. Governor Arnold Schwarzenegger supports new spending cuts and tax increases in addition to previously enacted cuts to the state's health insurance program for the poor and other social service programs.