Tencent, the Chinese tech company that's a bit like Facebook but also has a huge, thriving gaming business, reported strong earnings. Shares surged on the news, lifting Tencent's market value back above $500 billion.
David Tepper, founder of the hedge fund Appaloosa Management, agreed to purchase the team for a reported $2.2 billion, according to the Charlotte Observer. It's the most ever paid for an NFL team, eclipsing the $1.4 billion paid for the…
Starbucks executive says the city's decision to tax big business to alleviate persistent housing and homelessness problems is the wrong move because "this City continues to spend without reforming and fail without accountability."
A hotly debated proposal to tax big business in Seattle to alleviate the city's acute homelessness and affordable housing problems was amended to attract broader support from Council members and the city mayor.