Business

Alibaba Announces Video Subscription Service

Guang Niu/Getty Images(SHANGHAI) — China’s Alibaba is planning to have its own video subscription service. At a press briefing on Sunday for the Shanghai International Film Festival, Chinese e-commerce company Alibaba announced a plan in two months to offer a Read More

What the American Ikea Catalog Looked Like in 1985

Ikea(PHILADELPHIA) — Thirty years ago outside Philadelphia, the first Ikea store in the U.S. opened its doors, bringing Swedish meatballs and Billy bookcases to the American masses. After the first store in Plymouth Meeting, Pennsylvania, the U.S. now represents 12 Read More

Feline Could Set Cat Lovers Back $22K

iStock/Thinkstock(NEW YORK) — Unlike your traditional orange Tabby cat, the Savannah, weighing in at 20 to 25 pounds, is large in size and in price — costing cat lovers close to the price of a brand new car. The breed can cost over $20,000, but there’s a Read More

Stocks Drop After Setback in Greece Financial Talks

iStock/Thinkstock(NEW YORK) — After a couple of days of gains, stocks decline for the Friday close, possibly driven by the setback in Greece’s financing talks. The Dow Jones Industrial Average closed at 17,898.84, down 140.53 from its open. The Nasdaq was also Read More