Venture Money Floods Into Indian Startups

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Venture capitalists are turning their attention to Indian startups as they search for the next Alibaba, boosting the value of many fledgling tech firms to levels some consider frothy.

Salesforce CEO Sees Bonus Rise

Related Link: CEO Marc Benioff’s bonus rose 67% from a year ago, to $2.82 million, during a year when the software company’s stock price fell 7%.

Jamba to Sell 100 Stores for $36 Million

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Jamba Juice-owner Jamba Inc. plans to sell about 40% of its company-owned stores to a franchisee group, the latest move to shed the costs of running restaurants in pursuit of higher profit margins.

Mayweather-Pacquiao to Cost $99 on Pay-Per-View

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A month before boxers Floyd Mayweather and Manny Pacquiao even enter the ring, their May 2 title fight is already breaking records, with the pay-per-view bout set to cost fans $99.

Arkansas Governor Balks at Religion Bill

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Arkansas Gov. Asa Hutchinson demanded changes to “religious freedom” legislation, the latest turn in a cultural clash over whether such laws protect people of faith or open the door to discrimination against gays and lesbians.

Visa Demand for High-Skilled Foreigners Is Likely to Prompt Lottery

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U.S. employers are expected to apply in the coming days for far more visas than are available for foreign workers in fields such as science, engineering and computer programming, likely prompting a government lottery.

China Tries to Clean Up E-Commerce

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China is tightening control over the loosely regulated world of Chinese e-commerce, a sector that has created behemoths such as Alibaba but has also drawn criticism for not adequately policing fake goods.

EU Prepares Google Antitrust Charges

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Europe’s competition regulator is laying the groundwork to move against Google in the next few weeks, setting the stage for charges against the U.S. search giant in a five-year-old antitrust investigation.

Allegiant Pilots Ordered Not to Strike

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A federal judge ordered pilots at Allegiant Travel Co. to halt a planned strike, a last-minute court decision to prevent spiraling labor discord at the discount carrier from disrupting thousands of travelers.

RadioShack Is Dead, Long Live RadioShack

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After a brush with liquidation last week, a reincarnated version of the RadioShack electronics chain will debut later in April under the ownership of hedge fund Standard General with an assist from Sprint.

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