Wednesday, January 14, 2015

JP Morgan hit by legal costs, IBM's mainframe bet, the end of OPEC as we know it?

THE FORTUNE DAILY

Wednesday, January 14, 2015

Apple, Google reach new deal to end lawsuit over employee poaching


Four Silicon Valley companies have agreed to a new settlement that would resolve an antitrust class action lawsuit by tech workers, who accused the firms of conspiring to avoid poaching each other's employees.

Is the new Chevy Bolt the only car you'll ever need?


With the newly-announced all-electric Chevrolet Bolt, General Motors hopes to boost electric car sales, which have been dismal across the market.

JPMorgan's profit falls 6.6 percent, hit by legal costs


The biggest U.S. bank by assets said its quarterly profit as its hit by legal costs of nearly $1 billion following government probes into possible wrongdoing.

Retail sales fell sharply in December as demand dropped


But last month's decline was likely not the start of a weak trend.

Where can you find a 'Charlie Hebdo' to buy?


The satirical magazine publishes its first issue since the Paris attacks, but copies won't go on sale in the U.S. until Friday.

By Heather Clancy

Why IBM is still hot and bothered over mainframes


Its latest offering, the z13, took five years and $1 billion to develop. Now, the computing giant is pitching the technology as crucial for securing and delivering the 'mobile economy.'

By Ben Geier

Aloha! Car2Go is headed to Honolulu


Car-sharing company confirms that the Hawaiian state capital will be the next city in which it will launch its service.

By Geoffrey Smith

Eurozone relief as top EU court says ECB's secret weapon is legal


Green light for Draghi's "whatever it takes" plan reduces risks from Greece, and (indirectly) smoothes the way for QE.
Etsy is ready for its public debut to the tune of $300 million
JPMorgan's profit drop and Chipotle's pork shortage — 5 things to know today
U.S. mortgage applications reach six-year high
The end of OPEC as we have known it is here
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