Court Rules Vacation Rental Site Illegal In New York
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Business
Federal Reserve Chairman Ben Bernanke during his Capitol Hill testimony Wednesday before the Joint Economic Committee.
Bernanke Hints That The Economy Still Needs Help
()The Fed chairman cautioned Wednesday that if interest rates were to start rising now, the economy could slump. Meanwhile, the National Association of Realtors said sales of existing homes rose — and would have been even stronger if not for tight inventory.
The Two-Way
Microsoft Reveals New Xbox One Game System()
May 21, 2013 Microsoft unveiled its new Xbox One Tuesday, displaying a device that takes new steps in game consoles' journey into becoming all-purpose entertainment and communication devices. The new console replaces the Xbox 360, which has been on the market for more than seven years.
Monkey See
'Arrested Development' Leads The Charge For Old Brands In New Media()
May 21, 2013 Brands that found their original audiences in traditional, old-media platforms are finding ways to keep going in the world of new media.
Apple, Tech Giants And An Industrial-Age Tax Code()
May 21, 2013 Apple CEO Timothy Cook made a rare appearance on Capitol Hill on Tuesday, testifying after congressional investigators revealed that Apple avoided billions in taxes. The New York Times' Charles Duhigg and guest host Jennifer Ludden talk about the tax code and the digital economy.
The Two-Way
Airbnb Stays Are Illegal In New York, Court Rules()
May 21, 2013 People who use Airbnb, the web company that pairs travelers with residents who rent out their homes on a short-term basis, are breaking New York City's laws, according to an administrative law judge. The vacation rental business was found to run afoul of the city's occupancy code.
The Two-Way
JPMorgan Shareholders Vote To Keep Dimon As Chairman, CEO()
May 21, 2013 Some shareholders said splitting the roles would lead to better governance. The proposal received only 32 percent of the vote.
