Business News
New 'Basic' Airline Ticket Is Worse Than Any Low-Fare Carrier Option
Time - 12 Dec 2014 19:01
Delta recently introduced a new five-tier airfare scheme, including a revamped low-price "Basic Economy" ticket that's the riskiest, most restrictive, and least comfortable option in the sky.
SeaWorld CEO Jim Atchison Steps Down Amid Plummeting Park Attendance, Animal Rights Controversies
IBTimes - 12 Dec 2014 07:31
SeaWorld Entertainment Inc. CEO Jim Atchison is stepping down from his post, the company announced Thursday. The move comes as attendance at the company's 11 theme parks across the country is dropping, having fallen in t...
Funds Added To TECO Energy Positions
Forbes - 12 Dec 2014 22:14
At Holdings Channel, we have reviewed 3,604 13F filings for the 09/30/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
U.S. Congress narrowly averts shutdown
CNN - 12 Dec 2014 05:07
The House of Representatives is in a holding pattern as Congress struggles to pass a massive spending package ahead of a midnight deadline to avert a government shutdown.
Friday Sector Leaders: Services, Energy
Forbes - 12 Dec 2014 21:35
In afternoon trading on Friday, Services stocks are the best performing sector, higher by 0.2%. Within that group, Macy's (NYSE: M) and Walgreen (NYSE: WAG) are two large stocks leading the way, showing a gain of 2.9% an...
Smart Investing Moves To Cut Your Taxes
Forbes - 12 Dec 2014 21:35
One of the surest ways to preserve your capital: Reduce your taxes on investment income and gains.
Ugly Christmas sweaters bask in mainstream appeal
Chicago Tribune - 12 Dec 2014 20:25Shortcuts: Storytelling Your Way to a Better Job or a Stronger Start-Up
The New York Times - 12 Dec 2014 19:13
Learning -- or relearning -- how to tell stories requires some skill. And consultants and researchers are lining up to teach it, often for a hefty fee.
US Authorities Face New Fallout From Insider Trading Ruling
IBTimes - 12 Dec 2014 11:31
(Reuters) - U.S. prosecutors, already smarting from a appeals court ruling that weakens their ability to crack down on future insider trading, on Thursday faced widening fallout from the decision as some existing cases t...
DealBook: Some Accused of Insider Trading May Rethink Their Guilty Pleas
The New York Times - 12 Dec 2014 04:11
After two convictions were overturned, some now believe that of Michael Steinberg, formerly of SAC Capital Advisors, may also be reversed.
The 15 Most Valuable Startups in the World
inc - 12 Dec 2014 03:30
Silicon Valley is heating up with astronomical startup valuations. These multi-billion-dollar companies are leading the pack.
Low Oil Prices Hits Some Countries Worse Than Others, Moody's Finds
The Street - 12 Dec 2014 00:34
NEW YORK (TheStreet) -- Lower oil prices are good for the economy of those countries that import oil, but it isn't the same story for the countries that export oil and use it to balance their budgets. Mauro Leos, senior...
Multimillionaire Trader Tim Sykes Says His Happiness 'Isn't About The Money'
Business Insider - 12 Dec 2014 23:12
Tim Sykes likes being rich. But the multimillionaire stock trader explains that, while he's happier being rich than not, he's less interested in his money than what that cash represents. When asked by Business Insider ho...
3 Oil Companies That Are Likely Takeover Targets as Prices Plunge
The Street - 12 Dec 2014 20:29
NEW YORK (TheStreet) -- The selloff in oil prices is expected to spur more energy mergers next year, as giants such as Exxon Mobil , Chevron , Royal Dutch Shell and Total snap up weaker players. "There are a number of co...
Halliburton (HAL) Announces Major Layoffs Ahead Of Merger
Bidness etc. - 12 Dec 2014 19:48
Halliburton Company (NYE:HAL) announced on Thursday it was planning to downsize its current workforce amid falling oil prices. The company currently employs 80,000 workers in over 80 countries, and plans to slash about 1...
What Really Caused Oil Prices to Plunge So Far -- So Quickly
The Street - 12 Dec 2014 19:06
NEW YORK (TheStreet) -- The 35% drop in oil prices this fall has been breathtaking. No one -- not even energy experts -- expected prices to fall this far, this quickly. And the slide doesn't seem to be over. What happen...
McLaren F1 Team Has Been Sold Says Ecclestone
Forbes - 12 Dec 2014 18:04
Formula One’s boss Bernie Ecclestone says that Bahrain's Mumtalakat sovereign wealth fund has sold a 50% stake in the McLaren team to its chief executive Ron Dennis.
IsoHunt unofficially resurrects The Pirate Bay
Venture Beat - 12 Dec 2014 17:42
This is the best alternative so far.
Workiva, maker of business reporting tools, hits the NYSE at $14 a share
Venture Beat - 12 Dec 2014 16:58
Now listed under the symbol "WK," the six-year-old company joins this week's tech IPO parade, as Lending Club, Hortonworks, and New Relic race to go public before the year ends.
Looking for a Job? 10 Industries With Tens of Thousands of Job Openings
The Street - 12 Dec 2014 16:43
NEW YORK (TheStreet) -- Looking for a job? With the economy improving, there are plenty of job openings across a wide range of industries. Some 9.1 million American are still seeking jobs, according to the U.S. Bureau of...
Investing in 2015: Oil, Quantitative Easing and Political Uncertainty
The Street - 12 Dec 2014 15:23
NEW YORK (TheStreet) -- Low oil prices, global monetary conditions and political and regulatory uncertainty mean 2015 will be a challenging year for investors. Here are my expectations on how these items will play out in...
FTC Pressures Sysco Corporation (SYSS) To Dump Assets For Merger
Bidness etc. - 12 Dec 2014 15:15
The $8.2 billion merger between SYSCO Corporation (NYSE:SYY) and its biggest competitor, US Foods Inc., is only a step away from materialization. That step, however, is a major hurdle from the FTC, which has levied condi...