Netflix over the weekend split its business into two separate arms – Qwikster for DVD rentals, and Netflix for streaming video. Some analysts think that the company could eventually sell Qwikster.
The secrecy around Mayor Michael R. Bloomberg’s selection of Cathleen P. Black to run the city’s schools highlighted his faith in business leaders and dislike of public debate.
Starting Thursday, Wal-Mart plans to offer free shipping on its Web site, a move that may create an expectation among consumers and a threat to smaller retailers.
AP - The U.S. and its allies changed tactics Tuesday on how to avert a crisis over a Palestinian statehood bid, as the White House announced that President Barack Obama would meet Palestinian leader Mahmoud Abbas. At the same time, U.S. officials conceded they could not stop Abbas from officially launching his case for the Security Council's approval of the statehood effort.
AP - Many Joplin residents either ignored or were slow to react to the first warning sirens about a massive and deadly tornado this spring, partially because of years of false alarms, the government said Tuesday.
AP - The Federal Reserve is running out of options to try to boost a slumping economy and lower unemployment. So policymakers are expected to reach 50 years back into their playbook for their next move.
At least 35 human bodies were found in a roadway during rush-hour traffic in the Mexican coastal state of Veracruz Tuesday, the state attorney general said.
A 19-year-old Mississippi man was charged with capital murder in the death of an African-American man who was allegedly beaten and run over, officials said.
Supporters of death-row inmate Troy Davis vowed Tuesday to continue fighting to stave off his scheduled execution, despite a decision by the Georgia Board of Pardons and Paroles to deny clemency.