Business News
30 years ago today Coca-Cola fixed a mistake that could have destroyed the company
Business Insider - 11 Jul 2015 13:28
The most iconic American soda company once pulled a stunt that infuriated masses and nearly drove its business to the ground. Coca-Cola announced it was replacing its original formula with 'New Coke' in April of 1985. Th...
Sam Zell's Equity Commonwealth Is a Bargain
Barron's - 11 Jul 2015 08:27
Shares of Equity Commonwealth trade at a discount of about 20% to net asset value. The gap could close as Sam Zell sells less attractive properties.
Greek-American Leaders Tout Lobbying Wins For Greece, But Want More
The Huffington Post - 11 Jul 2015 04:23
WASHINGTON -- Greek-American political leaders say their push for the U.S. to use its political power on behalf of Greece is helping to resolve the nation's financial crisis. But they say they could do more if not for th...
FTC Curious How Apple Treats Streaming Music Competition In App Store
Tech Times - 11 Jul 2015 16:04
The FTC is allegedly checking out allegations against Apple by rival music streaming companies such as Spotify (who use its platform) of improper treatment. The rivals allege that this treatment violates antitrust laws.
Eurozone chief notes a 'major issue of trust' over Greek bailout plan
USA Today - 11 Jul 2015 15:58Redditors Win: Reddit CEO Ellen Pao Resigns
Tech Times - 11 Jul 2015 15:04
Redditors are celebrating over the ouster of CEO Ellen Pao as Reddit chief. What's next for the online community?
PepsiCo, General Mills Must Beware of These 3 Packaged-Food Company Problems
The Street - 11 Jul 2015 14:20
NEW YORK (Real Money) -- Earnings season is on like the break of dawn for one key sector: packaged-food companies. All in all, big names such as PepsiCo and General Mills have reported solid quarters considering several...
Greece Debt Plan at Next Crucial Stage, as Finance Ministers Meet
The New York Times - 11 Jul 2015 14:06
A Saturday meeting of eurozone finance ministers will help determine whether Europe will continue negotiating a bailout loan the Greek government desperately needs.
Here's the only way Uber can justify its $41 billion valuation
Business Insider - 11 Jul 2015 14:02
Ride-hailing behemoth Uber has been valued at $41 billion, making it one of the most valuable private tech companies in the world. A fresh round of funding could push that valuation even higher, giving the startup a diz...
The entire world learned a very important lesson about China this week
Business Insider - 11 Jul 2015 13:18
As the entire world watched mainland China's major stock indices plunge this week, it learned something very important about the country that, for the most part it didn't know before. China is fragile. After a massive 15...
A Cheap Way to Play the Global Travel Boom
Barron's - 11 Jul 2015 10:31
Aircraft-leasing giant AerCap trades at eight times earnings. Shares could jump 35% as earnings beat estimates.
Janus Capital Sees Better Days Ahead
Barron's - 11 Jul 2015 10:00
The mutual fund firm has recovered from its boom-and-bust past, thanks to CEO Richard Weil's leadership.
Pat Dorsey Follows Buffett's Lessons to Pick Stocks
Barron's - 11 Jul 2015 09:26
Dorsey Asset Management founder Pat Dorsey uses a "moat" strategy derived from Warren Buffett.
GM recalling nearly 780,000 SUVs to fix power lift gate problem
L.A. Times - 11 Jul 2015 09:00
General Motors is recalling nearly 780,000 crossover SUVs because the rear power lift gates can suddenly fall and hit people.
China: Another Reason to Avoid Tech Stocks
Barron's - 11 Jul 2015 08:26
Warning signs on tech continue to grow. Why it's wise to wait out the slowdown--and buy stocks like Apple and Skyworks at lower prices.
A New Approach to Bonds
Barron's - 11 Jul 2015 08:11
Bond funds tend to hold their value--unless rates are rising. Is it time to dump yours?
Why Beijing Is So Desperate to Halt Stocks' Slide
Barron's - 11 Jul 2015 07:40
The government's all-out response is a measure of what's at stake for Xi Jinping.
4 Phone Calls That Can Save You a Ton of Money
ABC News - 11 Jul 2015 07:35
Saving money can be as easy as asking someone to charge you less, but you have to make the effort.
SEC Data Gathering Needs an Overhaul
Barron's - 11 Jul 2015 06:09
The SEC made a good start in 1993 when it created a system for electronic publishing of corporate data. Now it's time to do a better job for investors.
Universal's 'Minions' expected to make $100M in opening weekend
New York Post - 11 Jul 2015 04:36
Expect "Minions"-mania at the box office this weekend. The Universal Pictures flick is projected to break $100 million in its opening weekend. Together with the studio's success with "Jurassic World"...
Greek parliament approves new bailout proposal to avert bankruptcy
USA Today - 11 Jul 2015 04:07Dan Loeb 'likes' protesters' plan to crash his fundraiser
New York Post - 11 Jul 2015 04:04
Hedge fund titan Dan Loeb loves a rumble. So it is probably not a surprise that he took to the Facebook page of a group of protesters to "like" its...