Costco Canada Will Not Accept Credit Cards Come 2015

Costco Profits Rise In Weak Economy

Management of Costco (COST) said its Canadian stores will stop taking American Express cards on December 31. Management for American Express says that the contract ran out, and gave no further details. American Express was the sole credit card accepted at Costo stores in Canada, and special Costco branded cards were issued to many customers. Costco management said it will soon announce new payment options. The American Express relationship with More...

Lockheed Martin Formally Registers New Israeli Division

Lockheed-Martin Joint Strike Fighter (Photo by Tom Reynolds)

  Lockheed Martin, the American defense behemoth, has formally registered its Israeli subsidiary with the Israel Corporations Authority, according to a report in the Wall More...

Facebook Updates Its News Feed Again

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Facebook announced yesterday that it has once again tweaked its News Feed Service in a way in which it says will ensure that only recent content will be posted. Of the many complaints More...

Esther Koplowitz Builds Highway Across Mexico

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The President of the Republic, Enrique Peña Nieto, has officially opened the new Nuevo Necaxa-Tihuatlán motorway, constructed by Esther Koplowitz‘s Spanish FCC Construcción More...

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Most Americans Support Military Action Against ISIS

-   During a crisis meeting in Paris, the US proved successful in building an international coalition to combat the Islamic State in Iraq and Syria. 24 countries have pledged More...

Philly DA and Kugel Judge May Run for Mayor

Lynne Abraham, the longest-serving district attorney in Philadelphia’s history, may make a bid to be the city’s next mayor, succeeding Michael Nutter. Abraham has More...

Former Neiman Marcus Employee: I Was Fired for Being Jewish and Gay

Former Neiman Marcus employee Amir Peleg settled for an undisclosed amount with the department store after filing a lawsuit for wrongful dismissal. Peleg, aged 59, worked at the More...

Mantis Announces New Tablet for 3D Development

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Israel’s Mantis Vision, a developer of 3D enabling technologies and Flextronics , an end-to-end global supply chain solutions More...

Startup Funding Shows Signs of New Tech Bubble

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-   Over the past few days two venture capitalists in the United States have expressed their worries about the current More...

Dan-Gilbert Warren Buffett Dan Gilbert and Warren Buffett: The $73 Billion Men

    Dan Gilbert of QuickenLoans and Rock Ventures and Berkshire Hathaway’s Warren Buffett, representing a...

4187 Jeffrey Frankel Harvard 1 640X Harvard Professor Jeffrey Frankel: Piketty’s Missing Rentiers

- Most reviews of Thomas Piketty’s book Capital in the Twenty-First Century have already been written since its...

Lucy P. Marcus Lucy P. Marcus: The People’s Corporations

-  Two big power shifts are occurring around the world today. First, corporate power is growing...

Israeli CyActive Receives Funding From Siemens

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Israeli cybersecurity firm CyActive has received an investment of an undisclosed amount from the venture capital More...

Roman Abramovich’s Evraz to Offer North American Ventures

Roman Abramovich’s Evraz, the largest producer of coking coal in Russia by output, is considering an More...

Oracle’s Acquisition of Micros Systems May Create Competitive Edge

Oracle closed down 2.3% on Thursday after reporting earnings with lower than expected guidance. Management More...

Ben Shaoul Ordered to Remove Greenwich Village Penthouse

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Photo source: RealDeal.com - Israeli born real estate developer Ben Shaoul has been ordered to remove the penthouse More...

Court to Mogul Howard Lutnick: No Basketball for You

Cantor Fitzgerald CEO Howard Lutnick filed a $36 million lawsuit against several municipal boards in the Hamptons More...

‘Rabbi to the Moguls’ Agrees to Plea Bargain, Will Testify Against Police Commander Disciple

Rabbi Yosef Yoshiyahu Pinto, the much heralded dean of “Shuvu Yisrael” Hasidic group, on Wednesday More...