Companies

The Corrupt History of Mt. Gox, Once the Largest Bitcoin Exchange in the World

A man holds a bitcoin medal as members of bitcoin trading club hold a meeting in Tokyo on February 27, 2014. (YOSHIKAZU TSUNO/AFP/Getty Images)
A man holds a bitcoin medal as members of bitcoin trading club hold a meeting in Tokyo on February 27, 2014. (YOSHIKAZU TSUNO/AFP/Getty Images)

In February of 2014, Mt. Gox, then the largest Bitcoin exchange in the world, was shut down and $500 million worth of Bitcoin and fiat...




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    Mead Johnson Paying $12 Million to Settle US Bribery Charges

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  • Amazon AWS pushes company to profits

    Amazon’s AWS Q2 2015: $1.8B Revenue, $391M Profit

    Amazon’s cloud computing platform Amazon Web Services (AWS) reported $1.8 billion in revenue and $391 million in profit for the second quarter of 2015, allowing... Read more

  • Walmart

    Wal-Mart Buying Remaining Stake in China’s Yihaodian

    NEW YORK—Wal-Mart Stores Inc. wants to make a bigger play for Chinese consumers online. The world’s largest retailer purchased the remaining stake it didn’t own... Read more

  • McDonald's

    As Sales Fall in US, McDonald’s Eyes Variety of Changes

    NEW YORK—McDonald’s is looking at a variety of changes to win back customers in the United States: A new value message to replace the Dollar... Read more

  • The Financial Times newspaper is on display in London, Thursday, July 23, 2015. Pearson PLC, the owner of the Financial Times, confirmed Thursday it is in "advanced discussions" about the potential sale of the FT Group. (AP Photo/Frank Augstein)

    Japan’s Nikkei Lands Financial Times in $1.3 Billion Deal

    LONDON—Japanese media company Nikkei Inc. is buying the Financial Times as part of an 844 million pound ($1.3 billion) deal with Britain’s Pearson PLC. The... Read more

  • In this April 20, 2006 file photo, a McDonald's restaurant logo and golden arch is lit on Chicago's near North Side. After turning in another quarter of sliding sales and profit, McDonald’s CEO Steve Easterbrook said the company will unveil initial details on a plan to turn around its fortunes on May 4, 2015. Among the challenges the fast-food chain is facing are intensifying competition and an image for serving junk food that it just can’t seem to shake. (AP Photo/Jeff Roberson)

    McDonald’s Profit Falls as Customer Traffic Slips in US

    A dropoff in customers at its U.S. restaurants contributed to a 13 percent decline in McDonald’s second-quarter profit. The world’s biggest burger chain said Thursday... Read more

  • CN Rail Strike

    Canada’s Two Largest Railways Report Job Cuts

    CALGARY—Canada’s two largest railways are reporting job cuts of up to 900 people as falling shipments of oil, grain, and coal take a toll on... Read more

  • A customer looks at the Apple Watch at the Apple Store on June 17, 2015 on Fifth Avenue in New York City. (Eric Thayer/Getty Images)

    Strong iPhone Sales; Apple Stock Down With Few Watch Details

    SAN FRANCISCO—Apple’s latest financial report shows iPhone sales are still surging, driven partly by growth in China. But it also contains hints that Apple’s much-vaunted... Read more

  • NYC Taxis Regulating Uber

    Will Uber Survive If Its Drivers Are Reclassified as Employees?

    Homejoy, the “Uber for housekeeping” app, is closing shop at the end of July. Its CEO said that the shutdown was due to four impending... Read more

  • Lockheed Sikorsky

    Lockheed Martin to Buy Sikorsky Aircraft for $9 Billion

    HARTFORD, Conn.—Lockheed Martin will spend $9 billion to acquire Black Hawk helicopter maker Sikorsky Aircraft. United Technologies Corp. said in June it planned to shed... Read more

  • After Kodak Park

    Shrinking Kodak Takes on New Role: Startup Landlord

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  • Google Q2 2015

    Google Market Cap Up $65 Billion on Q2 2015 Data

    Google’s market capitalization, or the total values of its shared, soared 16% in one day of trading, adding $65 billion in share value for the... Read more

  • SpaceX's CRS-5 Dragon seen in orbit, March. 12, 2014. (SpaceX)

    Once the Domain of States, Private Sector Now Dominates 76 Percent of Space Economy

    The commercial space industry has hit a rough patch. The dramatic June 28 explosion of SpaceX’s Falcon 9 rocket—meant to deliver supplies to the International... Read more

  • Lee Jae-yong

    Vote Pits Samsung Family Against Foreign, Korean Investors

    SEOUL, South Korea—A vote on combining companies in the Samsung Group empire is pitting its wealthy founding family against small shareholders and foreign investors in... Read more

  • Jeff Bezos; Amazon

    As Amazon Turns 20, a Look at Its Biggest Bets

    NEW YORK—Amazon.com Inc. has come a long way from selling books out of a Seattle garage. The company had an inauspicious start in July 1995... Read more

  • This March 10, 2015 photo shows signage outside PayPal's headquarters in San Jose, Calif. When eBay and PayPal split up on Friday, July 17, 2015, they'll face different challenges than they did as a combined company. (AP Photo/Jeff Chiu)

    EBay, PayPal Outline Plans for After Split

    NASHVILLE, Tenn. — When eBay and PayPal split up on Friday, they’ll face different challenges than they did as a combined company. E-commerce company eBay... Read more


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