3 Aug 2015 - United States
China's factories hit an unexpected speed bump in July, hiking concerns about slower growth in the world's second-largest economy.
The troubling string of departures from Jay Z's Tidal music streaming service is getting longer with the recent exit of two more high-ranking executives, according to a report. Zena Burns,...
A jury has convicted Tom Hayes, a former trader at UBS and Citigroup, with fraudulently trying to rig the London interbank offered rate, or Libor, the first criminal conviction of an individual for... manipulating the widely used benchmark.
Puerto Rico is running out of time to pay all of its creditors this month.
The British government wants austerity-weary public sector workers to come up with ideas for how to save even more money in their departments.
A new partnership extends Uniqlo and Disney's relationship with Star Wars, Avengers, and Frozen merchandise
Puerto Rico is expected to default on its debt Monday. Here's what you need to know.
Exor, a holding company controlled by the Agnelli family that owns interests in Fiat Chrysler Automotive, CNH Industrial, and Italian Serie A soccer champions Juventus is beginning to look like... Berkshire Hathaway. On Monday morning, Exor won a $6.9 billion bid for Bermuda-based insurer PartnerRe, a deal that could give it the financial firepower in coming years to make major new acquisitions in the U.S. and Europe.
In an interesting development Sega have reported a sizable plummet in their sales figures, to the tune of 42%. It?s looking like their recent shift to mobile and PC wasn?t such a great idea after all.
Asia shares dropped Monday amid jitters about weakening Chinese manufacturing data and the continued declines in commodity prices.
Being nice isn't always a good thing. As teen customers continue to flee the brand, Abercrombie has taken several steps to change its image and tone down its sexy advertisements. The company has... been criticized in the past for its promiscuous ads and excluding customers who weren't toned and preppy. Former CEO Mike Jeffries famously said he only wanted the "cool kids" to shop at Abercrombie. Since then, the company has made strides by advocating anti-bullying campaigns and offering larger sizes. But as a result, Abercrombie's all-important teen customers might be bored by the brand. But the company's attempts to become nicer may be more detrimental than beneficial, according to one brand expert. "Abercrombie has removed their brand differentiation from what it used to be,...
China's construction boom has been one of the biggest drivers of economic growth in the past few years. And although most of that has been original infrastructure, China also focused its attention on... building replicas of world-famous tourist destinations. Many of the original "world wonders" are considered cultural status symbols that reflected an empire's soft power. Consequently, some analysts believe that it's about more than just pretty tourist spots for China. "The ancient parallels for these copycat projects suggest that they are not mere follies, but monumental assertions of China's global primacy," Oxford University scholar and archaeologist Jack Carlson wrote a few years back. A nearly full-scale copy of the Great Sphinx of Giza, which was built by the ancient Egyptians of the Old...
Georgeson, a proxy-solicitation firm, is being investigated by federal prosecutors as part of the government's increased focus on the illegal trading of confidential company information.
Apple is working to become a Mobile Virtual Network Operator (MVNO), with the company set to debut the service in Europe and the US. According to Business Insider sources, Apple Inc. (NASDAQ:AAPL) is... already testing out the service in the US, and is negotiation with European telecom companies to bring the service to the continent as well. The tech giant is looking forward to properly roll out the service, and given the long-term thinking of the company, it could be as many as five years before Apple launches the MVNO service.
Biogen Inc (NASDAQ:BIIB) stock may boast a takeover premium in the near term, as speculations heat up about the company acquiring another entity or being acquired. The consensus 12-month price target... forecasted for the stock by analysts stands at $386.19, an upside of 21.10% over Friday's close at $318.78.
The benchmark PHLX Semiconductor Index has broken a long-term trendline and Intel is in danger of falling 20%.
Donald Trump sits atop the latest WSJ/NBC News poll, but his recent comments regarding Mexicans have caused support to erode among Hispanic GOP primary voters.
Sears Holdings Corp (NASDAQ:SHLD) provided insight of its earnings and revenue performance for the second quarter of fiscal year 2015 (2QFY15) today. The company reports that a significant amount of... tax benefit from its real estate spin-off will prompt Sears to report its first profit since 2012. However, sales for the company continue to topple. This trend has led to a nosedive in Sears stock. Share prices are at multi-year low as investors appear wary of Sears' soft revenue trends.
Twitter Inc (NYSE:TWTR) stock was down as much as 6% in mid-day trading today, hitting its all-time low of $28.91. The recent slump in the stock price is primarily because of insider selling, as many... investors believe the microblogging platform will continue to face problems in the next few quarters.
Treasury yields finish at their lowest levels since May 29, after a round of weaker-than-expected economic data were interpreted as an indication that the Federal Reserve could push back the first... interest-rate increase in nearly a decade.
Jessica Alba's sunscreen may not have enough protection