Corporations intend to accelerate capital spending to the fastest pace in 10 years, according to the Bank of Japan's Tankan survey. Business optimism is the highest since before a recession last year. The data suggest Prime Minister Shinzo Abe's strategy for increasing wages and investment is gaining traction.
The most influential comedian in the world might just be "Jerry Seinfeld," the fictional comedian portrayed by real-life comedian Jerry Seinfeld on his TV show, writes Jesse David Fox. By following "Seinfeld" offstage, the show turned comedy into something more visceral, revealing and personal than it had been before. "The irony to all of this is Seinfeld's actual stand-up comedy is not particularly influential anymore," Fox writes.
Earning a college degree may be the best way to mitigate the financial impact of student loans, a new study finds. The study found that even while college dropouts may have lower overall debt, their tendency to default on loans is greater than those who graduate with higher debt.
Living wills that regulators are requiring banks to submit today will speed resolution of troubled financial institutions and simplify their legal structure, Federal Reserve Governor Daniel Tarullo says. "We are expecting to see significant changes and plans for changes in things like the legal structure of the firms, the intertwined sharing of services -- all of the things that would prevent a resolution authority or bankruptcy judge from being able to with some confidence resolve the institution and know that the resolution would not result in substantial financial fallout in the rest of the system," he said.
Wegmans said it is committed to opening its first urban location in Boston's Fenway neighborhood by 2018, anchoring a $500 million mixed-use development project that will also include additional retail space, apartments, offices and parking. The city's Redevelopment Authority approved 75,000 square feet of grocery space for the new Wegmans location.
Business groups are likely to intensify lobbying for changes to certain Affordable Care Act provisions, such as the excise tax on more expensive insurance plans and the requirements for midsize employers dictating what health plans must cover.
Netflix will be entering India's rapidly growing market for video on demand next year with a service that includes popular Indian series. The mobile audience in India is in the hundreds of millions, offering fertile ground for VOD, but one hindrance in the near term will be slow connection speeds, Rebecca Hawkes writes.
Smartphone users go to Google most often when they're in search of information, but 45% turn first to Amazon when shopping on their mobile devices, according to a survey by Mizuho Securities. Shopping is eighth on the list of activities people are doing on their smartphones -- texting, e-mailing and searching are the top three, the survey found.
A hexagonal battery developed through LG's Free Form Battery program could boost battery life in future smartwatches by up to four hours, the company claims. "We are going to take the top position in the small-battery field in 2018," said Kwon Young Soo, president of LG Chem's battery business department.
The Treatment Action Group and Yale University's Global Health Justice Partnership filed a lawsuit against the FDA to speed up the disclosure of the clinical research information that backed up the approval of Gilead Sciences' hepatitis C drugs Sovaldi and Harvoni. In a complaint submitted to a federal court in New Haven, Conn., the groups said doctors and patients need more data to make decisions about using the drugs, which are costly and not always covered by insurance. The groups asked Gilead for the information and were ignored, and they were told by the FDA that a decision on whether to disclose the data could take up to two years.
Sprint issued a flurry of new marketing options Monday, including an $80 unlimited monthly "All-in" package that includes a $20 fee to lease a phone such as the iPhone 6. The carrier also announced the "Best Buy One Family Plan," which offers two lines of unlimited service for $100 a month. Separately, Sprint announced it is now offering its "Direct 2 You" smartphone home delivery service in four major cities: New York City, San Francisco, Los Angeles and Denver, Colo.
The shape-making ability of concrete, along with its delicacy, "grunt" and feel are some of the topics explored in "Concrete Buildings" by Philip Jodidio, a two-volume set that explores the power of concrete construction around the world. This article takes a look at the book and some of the stunning concrete structures designed by engineers and architects.
Vestas has won a contract to supply the Nik-karinkaarto wind farm in Finland with a total capacity of 33 megawatts, according to the developer. The deal includes delivery, installation and a service and maintenance agreement. The project is expected to begin producing power in 2016.
Kansas State University Salina announced it is adding a new bachelor in engineering technology degree with an emphasis on unmanned aerial vehicles. The major will focus on the design and implementation of UAV systems. The school will also offer two minors focused on flying and managing UAVs.
Outgoing Caesars Entertainment CEO Gary Loveman received plenty of praise as well as criticism during his tenure. Loveman has been known to write personal notes to the families of top executives, extolling the virtues of his employees or thanking families for their support of key team members. However, some people, such as Nevada Gaming Commission Chairman Tony Alamo, have said Loveman provided "absentee supervision."