JAKARTA / AP Up to 40,000 people were caught in severe flooding following days of torrential rain in central Indonesia, where the death toll from landslides on Bali resort island rose to 13, officials said on Saturday. Indonesia’s Disaster Mitigation Agency said that incessant rains in the past five days caused rivers on Sumbawa Island to break their banks ...

  You’ve heard the criticism. Too many American corporate managers are addicted to “short-termism.” They postpone investments and other costs, sacrificing future performance for present profitability. Either they’re pressured by “activist investors” or want to inflate the value of their stock options. If true, it could help explain the economy’s lackluster performance. Now, a new study asserts that it is ...

  At this point last year, Twitter was a company that had a hard time attracting new people to surf and tweet, but it was quite skilled at generating ad dollars from its die-hard users. Now Twitter’s problem has reversed. It’s still a mess of a company, but in a fresh way. People are using Twitter more, but advertisers are ...