Facebook pushed back Thursday after Chris Hughes, a billionaire co-founder of the company, argued in a New York Times Op-Ed essay that the company should be broken up and regulated. “Facebook accepts that with success comes accountability,” Nick …
See Original Article

Amazon (AMZN) CEO Jeff Bezos is giving a rare speech to update the public on the progress of his secretive rocket company, Blue Origin. The event kicks off at 4 pm ET. There’s no webcast, but CNN Business’ Rachel Crane and Jackie Wattles will be feeding …
See Original Article

SAN FRANCISCO (CBS SF) – The San Francisco Municipal Transportation Agency has hired a new Director of Transit to lead the agency’s Transit Division, the agency announced Thursday. Julie Kirschbaum has been appointed by the SFMTA Board of …
See Original Article

Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes. Serbia left borrowing
See Original Article

Occidental Petroleum pulled it off. When Chevron said on Thursday that it would not raise its bid for Anadarko Petroleum, it was not only the end of a fierce monthlong takeover battle. The decision will also make Occidental, the winning bidder, the undisputed …
See Original Article