Covering Pop Hits On YouTube Is Starting To Pay
Now that YouTube runs advertising on videos of cover songs, musicians like Tyler Ward are working with agencies to negotiate higher shares of that revenue.
Business
White House Takes Stock Of Financial Crisis Five Years Later
Five years ago this week, Lehman Brothers collapsed, and America's financial crisis began. On Monday morning, President Obama will mark the anniversary with a speech in the White House Rose Garden. The White House released a new report ahead of the address, assessing how the government's efforts to stabilize the economy turned out.
Dear Apple: Good Luck Against The Smartphone Black Market
The new iPhone's fingerprint recognition technology is the company's first major effort to combat smartphone theft. But with an insatiable global appetite for the devices, will it really make a difference?
With A Card Game, The Portuguese Get Back At Their Creditors
Here Comes the Troika is a satirical card game where players can stash away savings in Swiss bank accounts or fund useless airports or high-speed trains to nowhere. The winner is the one who can hide the most money in offshore accounts, win elections — and avoid the dreaded troika card.
United To Honor Free Tickets Generated During Glitch
Some faulty online data caused airline tickets to be sold for free last week. The carrier closed down its booking engine after learning about the glitch. United isn't saying how many freebie seats were sold, but they've agreed to honor all the tickets.
Sound Pioneer Ray Dolby Dies At 80
Dolby, who invented some of the technologies that revolutionized film and sound recording, was instrumental in developing surround sound technology. Dolby had been living with Alzheimer's and was diagnosed with leukemia this summer.
Without Action, Government Will Shut Down At Month's End
The four top congressional leaders held a closed-door meeting Thursday to assess where they stand on the coming government funding and debt-ceiling deadlines. As has become typical in recent years, some conservative House Republicans appear to be the stumbling block with their insistence that any deal repeal or defund Obamacare.
D.C. Mayor Vetoes Wage Bill Targeting Large Retailers
Wal-Mart says its plans to open six stores in the nation's capitol are back on after the mayor vetoed a so-called living wage bill that targeted big box retailers. The focus now turns to the District's 13 member City Council. The bill passed in July with eight votes — nine are needed to override a veto.
Twitter Files For Initial Public Offering
Twitter announced via Tweet Thursday that it's launching its long awaited initial public offering. It will be the most high profile IPO since Facebook went public last year. But Twitter hopes to avoid the mishaps that's marred Facebook's stock market debut.
5 Years After Financial Crisis, Are Big Banks Still A Threat?
It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.