Business News
The Real Reasons Trader Joe's Wine Is So Cheap
Business Insider - 19 Dec 2014 18:25
Trader Joe's wine is remarkably cheap. A bottle of the grocery store's most popular wine brand, Charles Shaw, sells for less than $3. Also known as "Two-Buck Chuck," Charles Shaw wine comes in multiple red and white vari...
Sony rivals to benefit from 'Interview' cancellation
L.A. Times - 19 Dec 2014 04:35Fed Gives Banks More Time to Sell Risky Holdings
ABC News - 19 Dec 2014 01:21
Fed delays Volcker Rule requirement that banks sell off risky investments in hedge funds
16 Items That Are Cheaper At Costco
Business Insider - 19 Dec 2014 23:13
Costco's prices are roughly 25% cheaper than other retailers, according to a recent study. The product review site Cheapism.com compared Costco's prices on 19 items to those at Best Buy, Kohl's, Kroger, Bed, Bath & Beyon...
China Revises Its Economy Upward By More Than $300 Billion, Slightly Easing Debt Concern
IBTimes - 19 Dec 2014 17:31
China's economy is $308.8 billion larger than previously reported, according to findings released Thursday from the country's National Bureau of Statistics (NBS). The 3.4 percent upward revision of China's gross domestic...
Jim Cramer's Top Stock Picks: BA MMM ISIS Q
The Street - 19 Dec 2014 13:00
Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. NEW YORK (TheStreet) -- Here are some of the hot stocks Jim Cramer talked about on Thursday's Mad Money on CNBC: BA ...
Avon fined for bribing Chinese officials with Gucci bags
CNN - 19 Dec 2014 06:57
Beauty goods company Avon has been fined $135 million by the SEC for bribing Chinese officials with luxury goods -- everything from Gucci bags to Tiffany pens.
U.S. to sell final $1.25 billion shares of Ally Financial from bailout
Reuters - 19 Dec 2014 04:48
(Reuters) - The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc acquired under the government's bailout of the auto lender, Ally said on Thursday.
Chinese firm buys Los Angeles Airport Marriott for $160 million
L.A. Times - 19 Dec 2014 04:39
A Chinese real estate developer has purchased the vast Los Angeles Airport Marriott for $160 million and vowed to make substantial improvements.
Even Russians Are Running From the Ruble
The Huffington Post - 19 Dec 2014 00:25Sony Hack Is Now An International Incident As FBI Fingers North Korea
Forbes - 19 Dec 2014 20:22
The FBI now says that it believes North Korea was behind the attack that has crippled Sony.
Jim Cramer Identifies Buying Opportunity in Walgreen (WAG) Stock After Earnings Next Week
The Street - 19 Dec 2014 19:51
NEW YORK (TheStreet) -- Walgreen reports its quarterly earnings next week, and TheStreet's Jim Cramer says this will be a key item to watch. Cramer notes CVS and Rite Aid both reported great quarters, but says W...
BGC Partners Tries to Push Through GFI Deal with Raised Bid
The Street - 19 Dec 2014 16:21
As many expected, BGC Partners Inc. has upped its hostile bid for interdealer broker GFI Group Inc. , besting an agreed-to offer between GFI and Chicago trading house CME Group Inc. . BGC Partners said Wednesday after th...
'Downton Abbey', Christmas Special 2014, ITV, Preview: Hunting, Laughing, Crying
Forbes - 19 Dec 2014 14:00
Spoiler alert: This pre-broadcast preview of the 2014 Christmas special of Downton Abbey is not intended to contain any plot spoilers. However it will refer back to season 5, already broadcast in the UK. Beware, if you a...
Does ShopSears Mark Another Failure Of Sears (SHLD)?
Bidness etc. - 19 Dec 2014 13:14
Sears Holdings Corp (NASDAQ:SHLD) stock has declined 7.3% in one month. Although the stock has shown some improvement over the last two trading days, the stock does not seem sustainable. This is because the improvement h...
Former Billionaire Tim Blixseth Jailed Over Missing Funds
Forbes - 19 Dec 2014 05:13
A frustrated judge throws former billionaire Timothy Blixseth in jail for failing to account for millions from the sale of a resort.
Unilever drops mayonnaise suit against Just Mayo maker
Reuters - 19 Dec 2014 04:36
(Reuters) - Unilever Plc's U.S. division said it has withdrawn its lawsuit against food startup Hampton Creek over false advertising and unfair competition related to its Just Mayo product.
Sony shake-up possible after hack, analysts say
L.A. Times - 19 Dec 2014 04:35Dow jumps 421 points, buoyed by Fed's interest rate stance
L.A. Times - 19 Dec 2014 04:32Russia crisis hurts these brands the most
CNN - 19 Dec 2014 04:01
Russia's economic turmoil has already spread to companies in the West and many brands are bracing for a bigger blow to earnings.
American Apparel approached for possible buyout: WSJ
Reuters - 19 Dec 2014 04:00
(Reuters) - Clothing manufacturer American Apparel Inc has been approached by private equity firm Irving Place Capital for a possible takeover, The Wall Street Journal reported, citing sources.
Sony Attack Is Unraveling Relationships in Hollywood
The New York Times - 19 Dec 2014 03:58
The attack has disrupted the web of executive, business and talent relationships that stitches together Sony's core moviemaking operation.