Breaking News, Page 2

Previous Older >

EBay splitting PayPal off as a separate company

EBay’s board of directors has approved a plan to separate the company’s eBay and PayPal businesses into independent publicly traded companies next year.Creating two stand-alone businesses best positions eBay and PayPal to capitalize on...



U.S. Judge Holds Argentina In Contempt After Debt Default

It has been nearly 2 months since Argentina defaulted on its debt. And now a judge in New York has held Argentina in contempt for proceeding with plans to pay some of its bondholders, but not others.» E-Mail...



10 Tuesday AM Reads

Is it just me, or does it seem like there is more news going on today than usual? No worries, we have you covered with our morning meritage of reads: • You can’t even spell “capitulation” (TRB) see also Is Rampant Hedging a Bullish...



Japan's Economy Remains Fragile

Japan's economy continued to stagnate in August after a pullback induced by a tax increase earlier in the year, raising difficult questions for Prime Minister Shinzo Abe who needs to make more tax decisions toward the end of the...



Parents Face Backlash After Changing Baby's Diaper On Chipotle Dining Table

A mom's decision to change her baby's diaper on a dining table in the middle of a Chipotle restaurant is making headlines this week -- and raising plenty of eyebrows in the process. According to The Consumerist, the mom in question was having...



Banks Cash In on Tax Trade

"Dividend arbitrage" helps big banks generate more than $1 billion a year by helping hedge funds reduce taxes, but it has drawn criticism from U.S....



One Thing Leads to Another: From Dividends/Buybacks to Capex

by Liz Ann SondersSeptember 29, 2014 Corporate cash, of which there's a mountain, has been devoted to stock buybacks and dividends; but the direction appears to have turned, finally, toward capex. ...



JUMPER RACED THROUGH WHITE HOUSE



American Apparel Buyout Coming?

One needs to step back and look at a few things and come to some conclusions: From the WSJ: American Apparel Inc. APP +3.40% moved […] The post American Apparel Buyout Coming? appeared first on...



Brussels to accuse Apple over illegal Irish tax deals: FT

(Reuters) - The European Commission will accuse Apple Inc of benefiting from illicit state aid in Ireland, based on preliminary findings of an investigation into tax deals, the Financial Times reported citing people familiar with the matter. ...



Alibaba Buys Stake in Beijing Shiji

Alibaba has agreed to buy a 15% stake in a Beijing-based company that develops technology software for the hotel industry for $457 million, as the Chinese e-commerce giant continues its acquisition spree after its U.S....



What Uber and School Choice Have in Common

As Ted Forstmann used to tell me, 'Monopolies invariably produce bad products at high...



PIMCO Is Already Bleeding Billions

It's already begun. Investors are yanking cash out of PIMCO after the shock departure of Chief Investment Officer Bill Gross, who left on Friday to go to Janus. Gregory Zuckerman at WSJ reports: Pacific Investment Management Co. suffered roughly...



U.S. Will Be Forced To Become More Isolationist: Michael Pettis

Michael Pettis says the U.S. will be forced into protectionist policies as its global economic clout declinesEconomist Michael Pettis argues that the costs of the U.S. being the “global economic backstop” are already outweighing the...



“Do we need to fire Pimco?”

This weekend, thousands of institutional investors, financial advisors and wealth managers are faced with one of the most uncomfortable questions imaginable: Do we need to fire Pimco?  Pimco’s flagship fund, Total Return, can be found...



Global leverage still growing, led by emerging economies (1342664)

The 16th Geneva Report on the World Economy by Luigi Buttiglione, Philip Lane, Lucrezia Reichlin and Vincent Reinhart says that the world economy has not deleveraged. Contrary to widely held beliefs, the world has not yet begun to delever. Global...



SoftBank, DreamWorks Animation Talks Have Cooled: Sources

(Reuters) - SoftBank Corp's talks to acquire Hollywood studio DreamWorks Animation SKG Inc have cooled, a SoftBank source and banking sources in Japan said.DreamWorks Animation shares were down about 9 percent in extended trading on Monday. The...



Clinton on why the economy isn't secure

Bill Clinton narrowed down his three reasons on why U.S. median incomes have barely risen since after he was...



EU Preps Details of Tax Probes Relating to Apple, Fiat

EU regulators will publish as soon as Monday their preliminary view that tax practices granted to Apple and Fiat violated EU law, people familiar with the matter...



Blog Post: TheAlephBlog: Time to Chase Bill Gross?



Links for 9-28-14

The rise of China and the future of US manufacturing - vox How Piketty's care with language can improve economics - Richard Green The UN Climate Summit - Robert Stavins Learning the ergodic decomposition - Leisure of the Theory Class Gross Gone...



Discounting Sechin, and Making Perfidious Exxon Suck It Up

Igor Sechin has made a breathless announcement of a discovery of oil in the Kara Sea: Exxon Mobil Corp. and Russia’s OAO Rosneft have found major amounts of oil and natural gas at their first well in the Arctic, Rosneft said Saturday,...



Dumb questions about econometrics and GAI/NIT

I've been meaning to write this post for some time. Scott Sumner's post spurs me to write it now. First let me ask my dumb econometrics question. It's a very simple question, and I really ought to know the answer. But I...



'The Ray Rice Video For The Financial Sector Has Arrived'

We always pretty much knew that our banking regulators were captured by the industry they regulate, and now we apparently have proof. "The Ray Rice video for the financial sector has arrived," famous author and finance-explainer Michael Lewis...



REPORT: Suspect tried to convert others to Islam...

REPORT: Suspect tried to convert others to Islam...(Top headline, 1st story, link)Related stories:Local police classify as workplace violence, FBI investigates... ...



Breaking News, Page 2

Previous Older >

2 hours | 12 hours | 24 hours | 30 days

Sears’ CFO Call NY Post Article “Factually Inaccurate”

Below would be the reason whenever something comes from the NY Post I say “it may be true but consider the source………” The post also […] The post Sears’ CFO Call NY Post Article...



SEC Grants Citigroup Waivers, Easing Hedge-Fund Curbs

U.S. securities regulators quietly granted Citigroup Inc. waivers from restrictions that would have crimped a range of the bank's activities, including selling investments in hedge funds to individuals, following a recent securities-fraud...



DealBook: Loan Fraud Inquiry Said to Focus on Used-Car Dealers

Inflated applications can mean that some of the most vulnerable borrowers are saddled with auto loans they can never afford to...



Hedge Fund News: Eric Mindich, Andreas Halvorsen & Lansdowne Partners

Eric Mindich Increases Stake In Riverbed Technology (GuruFocus) Eric Mindich (Trades, Portfolio), founder of hedge fund Eton Park and famous for becoming at age 27 the youngest partner at Goldman Sachs Group, Inc. (NYSE:GS), increased his stake in...



Possible Bond ETF Problems

Photo Credit: Penn StateThere have been a few parties worrying about crises stemming from ETFs, because they make it too easy for people to sell a lot of assets in a crisis.I think that fear is overblown, but I don’t think it is...



International Wealth Managers Are Flocking To Silicon Valley

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Wealth Managers Are Setting Up Shop In Silicon Valley (Financial Planning) Silicon Valley's tech fortunes have attracted the...



Relational Investors Plans to Wind Down Operations

Relational Investors LLC plans to wind down its operations and dissolve its current funds by the end of next year, according to people familiar with the...



New York Times to cut jobs as new products disappoint

(Reuters) - The New York Times Co said on Wednesday it would cut jobs, including about 7.5 percent of newsroom positions, to lower costs as advertising revenue from its print business dwindles and new products fall short of expectations. ...



Inevitable Ineffective Banking Regulation

Photo Credit: Michael DaddinoI am mystified at why people might be outraged or surprised that the Federal Reserve does a poor job of overseeing banks.  The Fed is an overstaffed bureaucracy.  Overstaffed bureaucracies always tend toward...



Freddie Mac And Fannie Mae Face Reality Check After Court Ruling

Freddie Mac (FMCC) and Fannie Mae (FNMA) are being sued for breach of contract for allegedly not paying promised dividends and liquidation preferences to investors. These claims were...



Time to Reduce Allocation To Small Caps?

Time to Reduce Some Small Caps? by Todd Sullivan, ValuePlays “Davidson” submits: I think it is time to consider an adjustment to Small Cap allocations. The performances of the Russell 2000 (INDEXRUSSELL:RUT) (Small Cap stocks), the SPDR...



Surprise German Slide Weighs on Eurozone Manufacturing

A surprise decline in German manufacturing activity for the first time in 15 months indicates the eurozone's northern core is at risk of slipping into...



General Motors Gives Aggressive Outlook

GM CEO Mary Barra laid out an aggressive financial plan for the auto maker, one that outpaces rival Ford and is boosted by cost cuts and business...



Grand Central: Does Bernanke Deserve a Nobel Prize?

Sign up for the newsletter. Highlights Hilsenrath’s Take: Does Bernanke Deserve a Nobel Prize? Fed Repo Facility Fails to Defend Short-Term Rate Floor Powell Says Fed Should Shun Direct Treasury Ties Eurozone Manufacturing Disappoints BOJ Tankan:...



Parents Face Backlash After Changing Baby's Diaper On Chipotle Dining Table

A mom's decision to change her baby's diaper on a dining table in the middle of a Chipotle restaurant is making headlines this week -- and raising plenty of eyebrows in the process. According to The Consumerist, the mom in question was having...



Federal Judge Smacks CalPERS on Sanctity of Pensions; CalPERS Liens Null and Void

Exceptionally good news from California today: A federal judge ruled CALpers claim of "Sanctity of Pensions" is invalid. Today's ruling went even further than the bankrupt city of Stockton originally sought in court.For details, please...



The Incredible Life And Career Of Emilio Botin, Who Turned A Small Spanish Bank Into One Of The Biggest In The World

The executive chairman of the Santander Bank, and one of Europe's most powerful men, Emilio Botin, unexpectedly died on Tuesday at the age of 79. This megastar banker took the small domestic Santander Bank and converted it into the Eurozone's...



DealBook: Alibaba to Close Order Books Early and May Lift Price of I.P.O.

Demand has been strong for shares of the Chinese e-commerce giant across the price range as excitement grows among potential investors during the company’s...



Buybacks and Tradebots

Is anyone trading? Not really. Except HFT players and corporate CFOs executing the buybacks that generate their compensation packages. You got a 7%+ gain in the S&P this year on basically nothing and for no reason other than float-shrink...



Transcript: Sen. Warren's Full NPR Interview On Financial Regulation

Warren tells Morning Edition that audio tapes made by an investigator working for the New York Fed reenforce the perception of a disturbingly cozy relationship between regulators and banks.» E-Mail...