Economy & Business

The Two-Way
12:10 pm
Thu September 26, 2013

eBay To Acquire Payment Processor Braintree For $800 Million

An illustration of online payment service PayPal at LeWeb Paris 2012 in Saint-Denis, France.
AFP/Getty Images

Originally published on Thu September 26, 2013 12:51 pm

Auction site eBay, which owns PayPal, is buying the online and mobile payment company Braintree for $800 million — an acquisition that eBay's CEO calls "a perfect fit."

The deal, announced Thursday, could help eBay as it tries to convince customers to ditch their credit and debit cards and use PayPal instead.

"Braintree is a perfect fit with PayPal," eBay Inc. President and CEO John Donahoe said in a statement.

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All Tech Considered
12:06 pm
Thu September 26, 2013

What You Emailed Us About Using The 'ACC'

We're still combing through all your emails about the acc.
iStockphoto.com

Originally published on Thu September 26, 2013 1:16 pm

This morning, I griped about the acc, our newly coined name for the practice of copying a third party on an existing email chain to undermine or pull rank on the original recipient. (The A can stand for angry, awkward, annoying ... or other A-words you might be thinking of ...)

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Economy & Business
10:56 am
Thu September 26, 2013

Wisconsin #34 in Private Sector Job Creation

Wisconsin added just over 24,000 private sector jobs between March, 2012 and March 2013.

According to the U.S. Bureau of Labor Statistics, Wisconsin added 24,305 private sector jobs from March 2012-March 2013. The rate of growth places it 34th among states.

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The Two-Way
9:57 am
Thu September 26, 2013

Two Bodies Found Near Costa Concordia Wreck

A Coast Guard patrols in front of the severely damaged right side of the Costa Concordia cruise ship after it was righted last week.
Marco Secchi Getty Images

Originally published on Thu September 26, 2013 11:40 am

The remains of two people, presumed to be a missing passenger and crew member from the ill-fated Costa Concordia, have been located by divers near the site of the wrecked cruise liner that was righted last week in a dramatic salvage operation off the Italian coast.

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The Two-Way
8:04 am
Thu September 26, 2013

GDP, Jobless Claims Data Add To Signs Of Slow, Steady Growth

Originally published on Thu September 26, 2013 8:53 am

The two latest economic indicators both point to modest, steady-as-she-goes growth:

-- Gross domestic product grew at a moderate 2.5 percent annual rate in the second quarter, the Bureau of Economic Analysis says. That's exactly what the agency reported the last time it estimated growth for the April-June quarter.

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All Tech Considered
6:18 am
Thu September 26, 2013

The Worst Kind Of Email CC: Not A BCC, But An A(nnoying)CC

Consider your motivations before you add someone to the cc: field of an email.
Baris Onal iStockphoto.com

A middle school jab goes something like this: "We're having an A-B conversation, so you can C your way out." I bring this up because there's a workplace parallel to this that doesn't seem to have a name. It's when you're having an A-B email conversation and one party suddenly copies your boss, manager or someone more senior, in order to get an advantage in the discussion at hand.

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Politics
4:12 am
Thu September 26, 2013

Not All Republicans Embrace Big Business All The Time

The Republican Party in the past has had a close relationship with Wall Street and big business. But lately there's growing tension and disagreement as some Republicans in Congress consider a possible government shutdown. The Tea Party seems to have the strongest criticism of big business.

Business
4:06 am
Thu September 26, 2013

JPMorgan Likely To Settle Mortgage-Backed Securities Case

Originally published on Thu September 26, 2013 6:09 am

JP Morgan Chase is negotiating an $11 billion settlement, according to The Wall Street Journal. The firm would pay $7 billion in cash to regulators and $4 billion to consumers. JPMorgan is one of several large banks being investigated for its handling of mortgage-backed securities in the years leading up to the housing crisis.

Business
4:06 am
Thu September 26, 2013

Kurt Cobain's Mom Selling His Childhood Home

Originally published on Thu September 26, 2013 8:06 am

Fans of the band Nirvana can own a little slice of the band's history. In Aberdeen, Wash., the late singer's mother is selling the bungalow Kurt Cobain grew up in. The property is assessed at $67,000 but listed as $500,000.

Business
4:06 am
Thu September 26, 2013

1 In 7 American Adults Don't Go Online

Fifteen percent of Americans don't use the Internet, according to a survey by the Pew Research Center. Most of these "offline adults" are 65 years old or older, many live in rural areas and have incomes lower than $30,000 a year.

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