Wednesday, December 17, 2014

No more iPhones in Moscow, General Mills' cereal sales drop, Hudson's Bay names a new CEO

THE FORTUNE DAILY

Wednesday, December 17, 2014

No more iPhones in Moscow, no dollars in Vladivostok, but ruble steadies


Dollars and iPhones get panicked bids from customers who think they won't be able to afford them tomorrow.

Skype's answer to the language barrier


Skype Translator lets users speak their native language on one end, and the software translates the dialogue instantly on the other side of the call.

Starbucks CEO Howard Schultz sounds off about racism in America


Howard Schultz talks with employees after grand jury announcements in Michael Brown and Eric Garner cases.

10 weird, impractical and creepy gadgets that appeared in 2014


A list of unfortunate creations — impractical, ridiculous and creepy. They all have in common a ticket to tech misfire infamy.

Russian ruble's fall: A classic 'currency collapse'


The decline of the ruble is the result of Western policy. The question now is how will Putin respond?

By Philip Elmer-DeWitt

Of Apple, Rubles and iPhones


You can't buy an iPhone 6 online in Russia today for love or money. Here's why.

By Dan Primack

Private equity's energy deal doubletalk


Private equity's bright energy future is darkened by past spills.

By Laura Lorenzetti

Hospitals are learning how to share and it's saving them millions


Cohealo is leveraging the sharing economy to save hospitals millions of dollars.
American held in Cuba released after 5 years
FedEx misses expectations, but increases revenues
Hudson's Bay names former Toys 'R' Us chief to CEO role
What the rise of retirees and minorities mean for U.S. business
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