Billionaire Steven Bresky, 58, has eluded the limelight that usually accompanies great wealth for five years.
In 2007, Bresky inherited his father’s 74 percent stake in Seaboard Corp. (SEB), a $5.7 billion commodities trading and cargo shipping company that generated almost a third of its revenue last year slaughtering 5 million hogs. Bresky’s stock is worth $1.7 billion today.
Read more on Bloomberg>
For Apple, Pressure Builds Over App Store Fraud
In a little over an hour, Ryan Matthew Pierson racked up $437.71 in iTunes charges for virtual currency that he could use to buy guns, nightclubs and cars in iMobsters, a popular iPhone game. One problem: Mr. Pierson, a technology writer in Texas, has never played iMobsters.
Read more on the New York Times>
Revive Made in USA? Easier said than done.
President Obama wants companies to manufacture their products in the United States, but small business owners say that's about as easy as walking a minefield.
Building an American factory or partnering with one is fraught with challenges including higher labor and material costs, complex regulations and - in some states - a debilitated manufacturing infrastructure.
Read more on CNN>