Inventor Dies As 'Breathable' Nail Polish Becomes Hit With Muslim Women
by Serri Graslie
Wojciech Inglot was a chemist and entrepreneur who tried to come up with a more healthful alternative to traditional nail polish. He died Feb. 23.
Business
The Two-Way posts about Business
GM Denies Asking For $2.1 Million Pay Raise For CEO Dan Akerson
by Eyder Peralta
The government still owns part of GM and when the automaker took a $49.5 billion bailout, it agreed to have executive pay approved by government.
Japan: Probe Of Battery Fire On Boeing 787 Finds Improper Wiring
by Scott Neuman
Japan says an auxiliary battery was improperly connected to the main battery that overheated, forcing an emergency landing.
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'Reader's Digest' Parent Company Files For Bankruptcy Protection
by Krishnadev Calamur
The venerable magazine's parent company has filed for bankruptcy protection for the second time in less than four years. RDA Holding says it plans to emerge from Chapter 11 in less than six months. The magazine will continue to be published during the period.
Study Of Used Cars Recommends Buying Newly Launched Models
In the 2010 model year, the most dependable cars and trucks were either new to the market or had been through a major redesign, according to a study by J.D. Power and Associates. The finding contradicts the traditional stance that consumers should let carmakers work out the bugs in a new model before they buy.
What Nations Were The Most Forward-Looking In 2012?
Germany was the world's most future-oriented country in 2012, followed by Switzerland and Japan, according to the "Future Orientation Index," which is based on Google searches. Scientists say the index is "strongly correlated" to economic health.
'Meaningful' Ads Stood Out As Super Bowl Favorites
by Brian De Los Santos
Most Super Bowl advertisers tried to crack up the TV audience with over-the-top antics, as is to be expected in the highly viewed event. But some of this year's best ads, as judged by experts and viewers, took a more somber tone.
Taxi! Chinese Company Finds Fair Deal In London Cab Maker
by Avie Schneider
The iconic black cabs of London got a lift Friday when a Chinese company rescued the British automaker that manufactures the taxis. Zhejiang Geely Holding Group said it will pay $17.5 million to buy Manganese Bronze Holdings, which has been making the cabs since 1899.
Wacky Super Bowl Ads Are Already Getting Serious Play
by Brian De Los Santos
Spoiler alert: A few Super Bowl commercials have launched on social media well before Sunday's big game. Ad industry watchers say the multi-million-dollar spots are meant to be entertaining, but a few of the ads are already controversial.
Boeing Engineers' Union Votes To Put Strike Authorization On Ballot
by Krishnadev Calamur
The union also recommended that its members reject the company's latest contract offer. Members have until 5 p.m. on Feb. 19 to cast their vote.
U.S. Moves To Halt AB InBev's Purchase Of Grupo Modelo
A $20.1 billion merger of beer conglomerates is now delayed, after the U.S. Justice Department filed suit Thursday. The deal would put Corona, Bud Light, Stella Artois, and other popular beers under one corporate umbrella, which Justice officials say will mean higher prices.
Exxon More Golden Than Apple Again
by Avie Schneider
Apple stock has dropped sharply since it announced earnings that disappointed analysts. Now the tech tastemaker is paying another price, losing its crown as the world's most valuable company to Exxon Mobil. Exxon's market capitalization totaled $417 billion Friday, $4 billion more than Apple's.
JPMorgan Chase Sees Profits Rise, Halves CEO's Salary For London Debacle
JPMorgan Chase says its profits were up 53 percent in 2012's fourth quarter — but CEO Jamie Dimon's salary will be cut in half, after the bank lost billions of dollars on risky bets placed by a single trader. Dimon's salary now stands at $11.5 million.
Outsourced: Employee Sends Own Job To China; Surfs Web
What began as a company's suspicion that its infrastructure was being hacked turned into a case of a worker outsourcing his own job to a Chinese consulting firm, according to reports that cite an investigation by Verizon's security team. The man was earning a six-figure salary.
Facebook Unveils Graph Search, Adding A New 'Pillar' To Services
Users of Facebook will soon have a new search tool at their disposal, the leaders of the company announced Tuesday during a live event. The new Graph Search feature will let people on Facebook sift through photos, people, places and business pages.
American Express To Cut 5,400 Jobs
by Krishnadev Calamur
The cuts will come primarily in the company's travel business, and account for about 8.5 percent of AmEx's 63,500- person workforce. American Express said it will take a $287 million restructuring charge associated with the layoffs.
Attacks On U.S. Banks' Websites Seen As Work Of Iran
Sophisticated hacking attacks on U.S. banks in recent months have distinctive qualities that are leading investigators to believe another nation may be behind the assault. The likely suspect is Iran, which security experts believe may be trying to even the score for American hacking of its nuclear program.
Kickstarter Pledges Topped $320 Million In 2012; Site Names Year's Top Projects
Kickstarter, the crowd-funding site that pairs indie-minded entrepreneurs with online investors, funded more than 18,000 projects in 2012, according to its end-of-year analysis. The site says more than 2.2 million people pledged nearly $320 million, with 17 projects raising more than $1 million.
Fuel Leak At Logan Airport Adds To Trouble For Boeing 787 Dreamliner
by Krishnadev Calamur
A fuel leak Tuesday on a Tokyo-bound Japan Airlines flight forced the Boeing 787 Dreamliner aircraft to cancel takeoff and return to the gate at Boston's Logan International Airport. It was the second incident involving a Dreamliner in two days after a small fire on a 787 on Monday.
FTC Closes Google Inquiry; Tech Giant Makes Changes And Avoids Antitrust Charges
Google has agreed to change some of its business practices, in an agreement made with the Federal Trade Commission that will end the U.S. agency's antitrust probe of the search and technology company.
