Business News
Wall St. Slides in Reaction to Falling Global Markets
The New York Times - 19 Aug 2015 16:14
Investors sold shares in response to falling markets in Europe and Asia and waited for clues about interest rates from the Federal Reserve.
Establish Expertise Inside Your Company
Harvard Business Review - 19 Aug 2015 16:30
You don’t need to be the best in the world, just the best one there.
Key Factors to Consider on Interest-Only Mortgages
ABC News - 19 Aug 2015 22:16
Interest-only mortgages can be tempting, but consider potential risks, hurdles to qualifying
Astoria Financial, Atlantic Coast Latest Merger Targets for Pushy Activists
The Street - 19 Aug 2015 16:37
NEW YORK (The Deal) -- Fresh off their apparent success in pressing Harrisburg, Pa.-based Metro Bancorp Inc. to be acquired by Pittsburgh, Pa.-based FNB Corp. for $474 million, the target's activist investors, PL Capi...
Hackers claim to have leaked Ashley Madison data trove online
Washington Post - 19 Aug 2015 05:04
Cheating spouses beware: Hackers claim to have released data stolen last month during a breach at Ashley Madison, a dating site for people looking for affairs.A roughly 10-gigabyte file that purported to contain several ...
Blast tears off part of hotel after manager evacuates guests
Business Insider - 19 Aug 2015 23:28
SEATTLE (AP) -- A powerful explosion tore through a Washington motel, critically injuring a gas company worker and knocking back firefighters just minutes after the manager evacuated the building because she could smell ...
Yahoo! (YHOO) Stock Earnings Estimates Cut at Cantor Fitzgerald
The Street - 19 Aug 2015 20:19
NEW YORK (TheStreet) -- Yahoo! 2015 earnings estimates were lowered to $0.18 from $0.37 per share at Cantor Fitzgerald, with 2016 earnings estimates cut to $0.31 from $0.43 per share. The firm maintained its "buy" rating...
Why Microsoft Could Reportedly Want To Buy Cloud Startup Mesosphere Even At $1 Billion
Forbes - 19 Aug 2015 05:10
Microsoft has reportedly been in talks about acquiring a fast-growing cloud computing startup called Mesosphere, and according to The Information's Amir Efrati's sources, the infrastructure startup has valued itself at...
Prosecutor: Mom, not legal system, to blame in sons' deaths
Business Insider - 19 Aug 2015 23:49
BELLEFONTAINE, Ohio (AP) -- A mother accused of killing her three sons was dominated and isolated by her husband, a man nearly twice her age who had been her own mother's live-in boyfriend before they married, authoritie...
Rewriting the Book on Valuing Wall Street's Big Banks
Wall Street Journal - 19 Aug 2015 22:11
Changes since the financial crisis should have investors repricing risk for banks--and raising valuations.
Five Reasons The U.S. Power Grid Is Overdue For A Cyber Catastrophe
Forbes - 19 Aug 2015 18:15
As other major industries one by one fall victim to hackers, the U.S. electrical-power generation and distribution system seems remarkably insulated from cyber threats. A March 24 story in USA Today reported that out o...
Target Reports Stronger Earnings After Job Cuts and Store Closings
The New York Times - 19 Aug 2015 17:13
The retailer beat Wall Street estimates, helped by brisk sales in apparel and home goods as well as cost-cutting.
Citigroup to pay $15 million to settle SEC charges over compliance failures
Reuters - 19 Aug 2015 17:12
WASHINGTON
Germany backs Greek bailout as Tsipras mulls early polls
Reuters - 19 Aug 2015 16:43
BERLIN/ATHENS
Western Digital, Seagate Could Hit Currency Jackpot
Barron's - 19 Aug 2015 16:20
Disk Drive makers with operations in Thailand will see an earnings boost if baht continues to slide.
Investors seek rate hike clues in Fed minutes
USA Today - 19 Aug 2015 16:20
The Fed hinted at its last meeting that its first rate hike in nearly a decade was nearing.
Why the stock market is going nowhere fast
USA Today - 19 Aug 2015 16:17
After big up years in 2014 and 2013, stocks have stalled and are stuck in a trading range.
Google Went Public 11 Years Ago Today
Time - 19 Aug 2015 16:11
Its stock price is up more than 1,500%
Elevating the Oil Crisis Discussion
Forbes - 19 Aug 2015 16:04
Economic activity in the manufacturing sector expanded in July for the 31st consecutive month, and the overall economy grew for the 74th consecutive month, say the nation’s supply executives in the latest Manufacturing...
Black Arts: The $800 Million Family Selling Art Degrees and False Hopes
Forbes - 19 Aug 2015 12:00
Elisa Stephens and her family built an $800 million fortune converting student loans into questionably valuable art degrees and pouring the profits into San Francisco real estate. Now, after two decades of blistering gro...
China Resumes Slide, Leading Asian Shares Lower
Wall Street Journal - 19 Aug 2015 07:23
A swift drop in China shares Wednesday eased slightly, with two-day losses just shy of 10%, a signal that the market is testing when and whether Beijing will step in to steady shares.
American Express Adds Cash Back to Serve Prepaid Cards
ABC News - 19 Aug 2015 06:05
AmEx adds a cash-back feature to its Serve prepaid debit cards as it seeks new customers