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Business News

Location American Business News for 5 June 2015
Wynn Resorts jumps 7 percent over merger speculation with MGM resorts Shares of Las Vegas-based casino operator Wynn Resorts (WYNN) ended Thursday's trading day up over 7 percent, making it TheStreet's Move of the Day.          
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The 25 Toughest U.S. Colleges to Get Into

The Street - 5 Jun 2015 17:20
NEW YORK (TheStreet) -- With the school year coming to a close, most students are ready to forget about classes and enjoy the summer. For high school students preparing for college applications, this summer will be fil...
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Intel Corporation (INTC) Planning Massive Layoffs

Bidness etc. - 5 Jun 2015 14:00
Intel Corporation (INTC) Planning Massive Layoffs According to a report by The Oregonian, Intel Corporation (NASDAQ:INTC) is planning to lay off several employees from its task force as a response to the disappointing revenue outlook for FY15.
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3 Leadership Secrets From Shake Shack's Near-Billionaire Danny Meyer Leadership principles (including don't be a bleephole) shared by this wildly successful entrepreneur and master of hospitality.
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OPEC Keeps Output Unchanged

Wall Street Journal - 5 Jun 2015 17:26
OPEC will keep its collective output level unchanged at 30 million barrels a day, the second time in six months it decided to take no action amid a global glut of crude and weak oil prices.
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FAYETTEVILLE, Arkansas
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The lending side of alternative finance has seen staggering growth. David C Stevenson explains all you need to know about setting up a P2P lending portfolio. The post How to build a portfolio of P2P lenders - and earn a ...
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High Inflation Makes Ukraine's Troubled Situation Worse

The New York Times - 5 Jun 2015 11:01
High Inflation Makes Ukraine's Troubled Situation Worse While the rest of Europe tries to shrug off low inflation, Ukraine is dealing with sharply rising prices. The costs of many goods have doubled or tripled.
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Tired of being disappointed by your employees? Try this.
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(Reuters) - The U.S. Securities and Exchange Commission is investigating whether some activist investors secretly acted jointly to target companies, one hedge fund industry source said.
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What Warren Buffett, Bill Gates, and Elon Musk Have in Common (Besides Their Billions) The richest entrepreneurs all share this one ability.
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Changing styles hamper Lands' End sales

USA Today - 5 Jun 2015 22:51
Changing styles hamper Lands' End sales Lands' End shares fall as changing styles hamper sales, but new CEO wants to refresh design          
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Computer Sciences paying $190M, ex-CEO returning $3.7M to settle SEC accounting fraud charges
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Amazon.com, Inc. And Google Inc Race To Be Leaders In DNA Cloud Computing Reuters reports that companies like Google Inc. (NASDAQ:GOOG) and Amazon.com, Inc. (NASDAQ:AMZN) are racing against each other to acquire data that no other company in the world has attempted - human DNA. The companies h...
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NEW YORK (TheStreet) -- Worries that the U.S. economy may be headed toward deflation are on the rise.  Listen to the mainstream commentators, and they will have you convinced that gold is a horrible investment during t...
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NEW YORK (TheStreet) -- The Gap shares are down 1.27% to $38.10 in early market trading on Friday after the company reported a decline May sales.The company reported that May sales fell to $1.25 billion from $1.27 billi...
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Puerto Rico's cash-strapped power authority will have another two weeks to reach a deal with creditors after proposing a plan to restructure its finances this week.
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Hewlett-Packard Company (HPQ)To Make Major Investments Ahead Of Split : WSJ It appears that Hewlett-Packard Company (NYSE:HPQ) is once again gearing itself for another acquisition spree. The company CEO, Meg Whitman, in an interview with The Wall Street Journal Yesterday, discussed the company's...
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This year's pack of departing college seniors claims a dubious distinction: The class of 2015 is now the most indebted graduating class in history -- though, if past years are any indication, the honor won't last long. N...
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Insider Selling: Twitter Inc (TWTR), CBS Corporation (CBS) and Workday Inc (WDAY) Bidness Etc discusses the latest insider selling at Twitter Inc (NYSE:TWTR), CBS Corporation (NYSE:CBS), and Workday Inc (NYSE:WDAY). The financial details of each transaction are briefed in this report.
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NEW YORK (TheStreet) -- Here are 10 things you should know for Friday, June 5: 1. -- U.S. stock futures were trending lower in anticipation of the jobs report Friday. Evolent Health debuts on the NYSE. European stocks fe...
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Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. NEW YORK (TheStreet) -- Did you miss last night's "Mad Money" on CNBC? If so, here are Jim Cramer's top takeaways fo...
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