Business News
This Precious Metal Needs Silver Bullet
Wall Street Journal - 6 Aug 2015 02:26
Once prized as a precious metal that could be put to practical use, silver is now getting the worst of both worlds.
Chemours (CC) Stock Rising on $350 Million Restructuring Plan
The Street - 6 Aug 2015 17:58
NEW YORK (TheStreet) -- The Chemours Company shares are up by 10.88% to $10.50 in late morning trading on Thursday, after the performance chemical provider announced plans to slash costs by $350 million by 2017. The comp...
Bank Of America Corp (BAC) Stock Update
Bidness etc. - 6 Aug 2015 17:31
Bank of America has been the key focus of many investors ever since the banking sector picked up its pace in the second quarter of this year. After a good start to the year, the overall industry saw a downfall in stock m...
Apple Music Has 11 Million Free Subscribers
Fast Company - 6 Aug 2015 17:27
The streaming service has snagged half the number of Spotify's paid users. But will they stick around once the free trial is up? Apple executives say that 11 million subscribers have signed up for Apple Music's free tria...
Greek stockmarket re-opens - and crashes
MoneyWeek - 6 Aug 2015 17:08
The Greek stockmarket, closed this the latest crisis, reopened this week and promptly plunged. The post Greek stockmarket re-opens - and crashes was first published on MoneyWeek.
Why Square's Latest Move Is Sadly Rare for a Unicorn
inc - 6 Aug 2015 17:04
The mobile payments company just added a second woman to its board of directors.
Here's How Arby's Said Goodbye To Jon Stewart
The Huffington Post - 6 Aug 2015 15:43
Arby's: It's like your stomach got punched in the balls. Arby's: Because your hunger is stronger than your memory. Arby's: It's the Sean Hannity of fast food. These are just a few (paraphrased) digs outgoing "The Dai...
Food giant Aramark teams with American Heart Association
New York Post - 6 Aug 2015 07:26
Aramark -- the largest US food-service provider at schools, businesses, hospitals, sports and entertainment venues -- will work with the American Heart Association to make its meals more healthy, the...
Don't be fooled by the Feds' 'solid' job gains rhetoric
New York Post - 6 Aug 2015 06:11
Does the Federal Reserve know something that the rest of us don't? "The labor market continued to improve, with solid job gains and declining unemployment," the central bank said right...
River Forest house once owned by Outfit boss sells for $1.2 million
Chicago Tribune - 6 Aug 2015 00:17How To Invest in Trends To Escape Your Core and Grow Explosively - ikeGPS and Spike
Forbes - 6 Aug 2015 22:52
Any company can create explosive growth, if you overcome bias toward historical business and put your money into trends and listen carefully to customer needs
One of America's most important civil rights laws was signed 50 years ago today
Business Insider - 6 Aug 2015 18:56
Thursday, August 6 marks 50 years since President Lyndon B. Johnson signed the Voting Rights Act of 1965. The seminal legislation made racial discrimination in voting illegal. But it also came after years of bloody, an...
Jennifer Aniston and Justin Theroux got married in a secret ceremony this weekend
Business Insider - 6 Aug 2015 18:47
Jennifer Aniston and her fiancé of almost three years, actor-writer Justin Theorux, got married this weekend at their Bel Air home. The 70-person guest list included Howard Stern, Jason Bateman, Lisa Kudrow, Sia Fur...
Media companies take a beating as pay-TV subscriber numbers decline
Market Watch - 6 Aug 2015 17:59
Media stocks were getting hammered Thursday after earnings reports made clear there is subscriber exodus happening.
International Business Machines Corp. To Purchase Merge Healthcare Inc. For $1 Billion In Medical Software Push
Bidness etc. - 6 Aug 2015 17:54
International Business Machines Corp. (NYSE:IBM) is set to acquire Merge Healthcare Inc. (NASDAQ:MRGE), which is a leading provider of medical image handling and processing, in a deal worth $1 billion. The acquisition wi...
China Gets Big Fertilizer Rival With $8 Billion CF Industries Deal
The Street - 6 Aug 2015 17:54
NEW YORK (The Deal) -- CF Industries Holdings Inc. said Thursday it would acquire the European and North American assets of OCI NV in an $8 billion deal that would great a massive global supplier of nitrogen fertilizers....
Bank of America tells advisers to pull client money from John Paulson's hedge funds
Investment News - 6 Aug 2015 17:36
Memo cites concern over illiquid investments and elevated volatility in manager's Advantage Fund.
The Secret to Value Investing? 4 Great Investors Offer Insights
The Street - 6 Aug 2015 17:15
NEW YORK (TheStreet) -- I don't own a coffee table. But if I did, I would know the perfect book for it: The Great Minds of Investing by William Green with photography by Michael O'Brien and produced by Hendrik Leber. Mea...
Fox Turns Lonely Eyes to Donald Trump to Lift Plummeting Stock Price
The Street - 6 Aug 2015 17:13
NEW YORK (TheStreet) -- James Murdoch, the newly appointed CEO of 21st Century Fox , could use a lift. It's been a tough week for media stocks. Buffeted by more evidence of declining advertising revenue, New York-based ...
Rimowa Reprises An Aviation Classic, The Junkers F13
Fast Company - 6 Aug 2015 13:30
But it's not airborne--yet. Flying and suitcases go hand in hand, so it makes sense that the German luxury luggage brand Rimowa has added an airplane to its arsenal of goods. But instead of designing a sleek contemporary...
Relativity CEO refuses to take blame for studio's collapse
New York Post - 6 Aug 2015 06:15
Relativity Media founder Ryan Kavanaugh blames everybody but himself for the collapse of his Hollywood studio. The CEO lashed out at the studio's creditors and their publicists for betraying the...
ESPN revenue dip has chilling effect on media industry
New York Post - 6 Aug 2015 06:13
When Disney's ESPN sneezes, the rest of the media industry gets a cold. Investors fled media stocks on Wednesday after the Mouse House said it would revise downward its guidance...