Business News
How safe are European airlines?
CNN - 25 Mar 2015 16:13
The crash of a Germanwings plane in France has put the safety record of European airlines under scrutiny.
Ellen Pao's lawyer concludes: Kleiner Perkins is a boys' club
Venture Beat - 25 Mar 2015 01:54
Ellen Pao's lawyer Alan Exelrod shared his closing remarks on her sexual discrimination lawsuit today, as court proceedings on the suit draw to a close -- one month after they began on February 24.
All Porsche employees get bonus
CNN - 25 Mar 2015 16:04
Porsche sold many expensive sports cars last year and wants to share the spoils with its 14,600 workers.
How I Built a $100k Jerky Business in Six Months for Less Than $100
inc - 25 Mar 2015 19:50
In today's world, you don't need raise millions of dollars or rid your life savings to start a business. Here's how I did it for less than $100.
Chinese Developer Finds Rough Road in Motor City
Wall Street Journal - 25 Mar 2015 04:15
China has invested more than $40.8 billion in real estate institutional deals across the world over the past seven years. But in a number of places, including Detroit, its investors are running into snags.
Google's lobbying efforts pay off with nearly-weekly meetings at the White House
Venture Beat - 25 Mar 2015 03:28
Google employees contributed a total of about $1.6 million to Barack Obama's two Presidential election campaigns. And Google employees have been to meetings at the White House about 230 times, or roughly one per week, du...
What to Expect When Pacific Sunwear (PSUN) Reports Earnings This Afternoon
The Street - 25 Mar 2015 21:10
NEW YORK (TheStreet) -- Shares of Pacific Sunwear of California are down 2.04% to $2.88 on heavy volume in afternoon trading Wednesday, ahead of the teen retailer's fourth quarter earnings results, scheduled to be rele...
Will AutoZone (AZO) Stock Be Helped Today by Additional $750 Million Stock Repurchase?
The Street - 25 Mar 2015 16:11
NEW YORK (TheStreet) -- AutoZone shares are down 0.2% to $666.17 in early market trading on Wednesday after the automotive parts retailer announced the authorization of a repurchase of an additional $750 million of comp...
LearnVest Proves Why IPOs Aren't Your Only Exit Strategy
inc - 25 Mar 2015 23:18
Online financial planning service company LearnVest sells itself to Northwestern Mutual, confirming that IPOs are not the only successful exits.
Warren Buffett's Kraft Deal Is Bad News for Struggling Kellogg and Campbell Soup
The Street - 25 Mar 2015 18:34
NEW YORK (TheStreet) -- Warren Buffett sure does love his unhealthy condiments. On Wednesday, the billionaire investor and CEO of Berkshire Hathaway announced that he was teaming up with 3G Capital again to provide equit...
PayPal Scrambles to Keep Up With Revolution in Mobile Payments
The Street - 25 Mar 2015 16:00
NEW YORK (TheStreet) -- PayPal has long been a key player in digital transactions between consumers and merchants. But now the eBay unit is scrambling to keep up with the radical transformation going on in mobile payment...
Wall Street rises at open after M&A news
Reuters - 25 Mar 2015 15:37
(Reuters) - U.S. stocks opened higher on Wednesday despite weak industrial orders data, after a merger agreement between Kraft Foods and Heinz Co.
Meet the richest Brazilian in the world who partnered with Warren Buffett to merge Heinz and Kraft
Business Insider - 25 Mar 2015 14:40
Kraft and Heinz are coming together in a massive merger that will create the 5th largest food company in the world. There are two investment firms behind it, Berkshire Hathaway and 3G. Of course you know that Berkshire i...
Oil giant Schlumberger pleaded guilty to violating US sanctions in Iran and Sudan (SLB)
Business Insider - 25 Mar 2015 23:42
Oilfiled services giant Schlumberger has entered plead guilty for violating sanctions in Iran and Sudan, according to the Department of Justice. Pending court approval, the company will pay $232.7 million "for conspiring...
Noble Corp. (NE) Stock Rising Today as WTI Crude Settles Up 3.6%
The Street - 25 Mar 2015 21:22
NEW YORK (TheStreet) -- Shares of Noble Corp. are rising, up 5.78% to $14.91 in afternoon trading Wednesday, after WTI crude ended the day higher by 3.6% to $49.21 a barrel on a weaker dollar, according to Reuters. U...
10 Simple Steps to Build a $10 Million Business
inc - 25 Mar 2015 21:00
A serial entrepreneur shares 10 steps to building a service business
Dan Dicker and Jim Cramer: We Warned You Against Buying Whiting Petroleum
The Street - 25 Mar 2015 18:50
NEW YORK (TheStreet) -- Whiting Petroleum is taking a tremendous haircut on Wednesday in the market. It was unable to find a buyer and was forced to issue a 35 million-share secondary. This is another clue that the bu...
Tesla Stock Falls Following Downgrade On Model X Concerns
The Street - 25 Mar 2015 16:14
NEW YORK (TheStreet) -- Tesla Motors shares fell following a downgrade from brokerage firm CLSA noting that while near-term risks remain, the longer-term outlook is bright. CLSA analyst Andrew Fung downgraded shares to...
Stocks Fall on Uncertainty Over Slide in Durable Goods
The Street - 25 Mar 2015 16:06
NEW YORK (TheStreet) -- Stocks fell shortly after the open Wednesday on confusion over how to read an unexpected slide in durable goods.Durable goods orders in the U.S. slipped 1.4% to $231.3 billion in February, an u...
Why Lexmark Decided to Buy Kofax for Nearly $1 Billion
The Street - 25 Mar 2015 15:57
NEW YORK (TheStreet) -- In what it's calling the largest acquisition in its history, Lexmark International purchase of Kofax for $1 billion was done to boost its presence in the enterprise software business. "They have c...
US FDA ban lengthens recuperation for Ipca Laboratories
livemint.com - 25 Mar 2015 15:46
Shares of Ipca Laboratories fell 12.55% as investors sold it in dismay at the prospect of a lengthy process of getting its banned units certified as fit
GoPro (GPRO) Stock Is Up Today Following Positive Analyst Note
The Street - 25 Mar 2015 15:45
NEW YORK (TheStreet) -- Shares of GoPro are up 4.18% to $43.58 in early market trading Wednesday, after analysts at FBN Securities "strongly" recommended purchasing shares of the action camera maker this morning. Analy...