Business News
Einhorn Bulks Up on GM, Buys Micron, Dumps Yelp
Barron's - 5 Jun 2017 23:07
Greenlight has its GM showdown Tuesday. The fund has also reduced its Apple and Rite Aid positions.
Tesla is sliding after Toyota sold it's entire stake in the company (TSLA, TM)
Business Insider - 5 Jun 2017 17:05
Tesla's stock price doesn't seem to care too much that Toyota sold everything it owned in the company. Toyota sold off its entire holding of Tesla shares, and it is completely divested as of Monday. Prior to selling, Toy...
Don't Hire Employees. Hire Peers.
inc - 5 Jun 2017 16:54
Creating a Company of Equals
Here's the average net worth of Americans at every age
Business Insider - 5 Jun 2017 19:56
Andrew Burton / Staff / Getty Images When I was in high school, my high school quarterly report card always told me which decile I was in with respect to grades. Every quarter - top 10%, 2nd half. There were 495 students...
Futures Movers: Oil prices jump after Saudi Arabia, other Middle East nations cut ties with Qatar
Market Watch - 5 Jun 2017 07:58
Oil jumps a participants will be watching to see if OPEC-member Qatar decides to disrupt the production cutback deal after Saudia Arabia and two other Middle East nations cut diplomatic ties over accusations that it is b...
Another Fracking Time Bomb Lurks Beneath U.S.
Forbes - 5 Jun 2017 06:02
You've heard about the earthquakes, the controversial claims of flammable tap water, the potential contamination of streams, lakes and drinking water aquifers, but the system that's supposed to pay for these calamities m...
Carl Icahn plans to acquire thousands of auto-repair shops
New York Post - 5 Jun 2017 05:11
Carl Icahn has big plans for the US auto-parts sector -- and big retailers like AutoZone, O'Reilly and Advance Auto Parts aren't going to like them. The billionaire investor is looking to acquire thousands of auto-repair...
Trump's education budget could spell disaster for poor children
Business Insider - 5 Jun 2017 04:02
Associated Press/Evan Vucci Dubbed "A New Foundation for American Greatness," President Donald Trump's budget proposal for 2018 seeks to achieve faster economic growth and debt reduction. But only US$59 billion of that b...
Prostate Cancer Drug About To Confront Insurers With Sovaldi-Size Problem
Forbes - 5 Jun 2017 23:35
Abiraterone shows dramatic effects on survival in patients with metastatic prostate cancer. Can we afford it? Who is going to pay?
16 charged in alleged Southern California insurance fraud
News Observer - 5 Jun 2017 20:37
Southern California prosecutors say 10 lawyers and six others have been charged in connection with a multimillion-dollar workers compensation fraud scheme. The Orange County district attorney's office said Monday the …...
Watch Apple's video that shows a post-apocalyptic physical App Store
Business Insider - 5 Jun 2017 19:25
Apple opened its 2017 Worldwide Developer Conference with a video showing what would happen if all the app servers went down and the world was forced to recreate the apps physically in the real world. Check out the hyste...
Workday Stock Might Take Some Time Off
Barron's - 5 Jun 2017 18:57
Price action of the shares shows investors may have already anticipated good news.
Navy's D5 Missile, Most Powerful U.S. Weapon, To Provide Backbone Of Nuclear Deterrent Through 2040
Forbes - 5 Jun 2017 17:25
The Trident II D5 missile is the most fearsome weapon in the entire U.S. military arsenal, which makes it a very effective tool in deterring aggression.
After London attacks, Facebook, Twitter pledge to continue anti-terror help
USA Today - 5 Jun 2017 17:00Here's what could happen to America's hundreds of dead malls
Business Insider - 5 Jun 2017 17:00
Skye Gould/Business Insider seattlepi.com As one of the first post-war suburban shopping centers in the US, the Northgate Mall in northern Seattle defines classic mall architecture. Its architect,John GrahamJr., pioneere...
Can Robots Do the Job of Designers? Nutella Gives it a Whirl
inc - 5 Jun 2017 16:58
No two Nutella labels were alike.
Wall St. slightly lower as fall in oil weighs
Reuters - 5 Jun 2017 16:51
(Reuters) - U.S. stocks were slightly lower in early trading on Monday as oil prices fell after Arab states cut ties with Qatar over alleged support for Islamists and Iran, while markets mostly shrugged off the weekend a...
Supreme Court deals blow to SEC's enforcement powers
New York Post - 5 Jun 2017 16:49
The US Supreme Court on Monday scaled back the Securities and Exchange Commission's power to recover ill-gotten profits from defendants' misconduct, handing Wall Street firms a victory and dealing another blow to the reg...
The video game business is finally adopting the Netflix model
Business Insider - 5 Jun 2017 16:48
In most ways, the video game business exists on the bleeding edge of technology. Quantic Dream The processors powering modern games are the most powerful processors available. The displaytechnology forgames is the screen...
Alphabet's Stock Tops $1,000 To Hit Record High
Forbes - 5 Jun 2017 16:48
Google founders Larry Page and Sergey Brin each added roughly $360 million to their fortunes.
World Unites As Trump Exits Paris Accord; Will U.S. Get Left Out Of Clean Energy Market?
Forbes - 5 Jun 2017 16:47
The swift and overwhelming reaction to this disastrous decision has no historical precedent, and marks a dramatic and global shift in leadership. That shift is happening quickly in the United States, and perhaps even mor...
Cash Flow And Profits Make Knoll An Attractive Stock
Forbes - 5 Jun 2017 16:47
Despite improving profits, margins, and ROIC, the market recently punished this stock for "missing expectations." Add in improving market conditions and prudent cost management to this backdrop of lowered expectations, a...