In The Headlines High Yield Debt Market Woes: Echoes of 2008? A day after a prominent Wall Street firm shocked investors by freezing withdrawals from a credit mutual fund, things only got nastier in the junk-bond market. Prices on the high-risk securities sank to levels not seen in six years and, [...]
In The Headlines Amazon’s Prime Threatens Walmart and Target According to a new survey, there are now nearly 41 million members of Amazon.com’s Prime. The program keeps attracting more and more members, and new data from Wall Street firm Cowen & Co suggests the subscription service is getting stickier, posing a [...]
Uncle Sam, Knowing When to Hold'em Last month, millions of fans across America sat down in front of their televisions to watch the Kansas City Royals beat the New York Mets, 4 games to 1 in baseball's World Series. But few of those fans would ever dream they could suit up [...]
In The Headlines Are Robots Taking American Jobs? One central bank has some frightening predictions when it comes to job stability in the future. A Bank of England (BoE) official warned that 80 million jobs in the United States are at risk of being taken over by robots in the next [...]
In The Headlines Men’s Wearhouse Discovers Customers Don’t Forget a Good Deal Shoppers will not part easily with their beloved deals, as countless retailers have found out the hard way. Men’s Wearhouse is the latest to learn that painful lesson. The clothier recently reported that comparable sales at its Jos. A. [...]
In The Headlines Will the JOBS Act Disrupt the Venture Capital Markets? The Securities and Exchange Commission is about to vote on Title III Crowdfunding regulations, designed to open up investments in private companies to all investors—rather than just the accredited investors (mostly high net worth individuals) who are legally allowed [...]
Fahrvergtaxen Every once in awhile, some knucklehead in a position of power at one of the world's biggest businesses does something so incredibly stupid, you wonder how they can remember to put their shoes on before they head to work in the morning. Bernie Madoff did it for decades by running [...]
In The Headlines Google Wins a Major Copyright Infringement Case Google won a decisive victory in a copyright-infringement case that the Authors Guild originally launched almost a decade ago. A federal appeals court ruled that the company’s book-scanning project, which has turned millions of books into searchable digital files, is entitled [...]
In The Headlines Could Troubles in Emerging Markets Bring Recession to the U.S.? As far as economic expansions go, ours is pretty long in the tooth. Since World War II, the average length of time between recessions is about 58 months. With the current cycle clocking in at 81, it is [...]
In The Headlines Businesses in the Crossfire: The Growing Threat of Cyber Warfare While the Cold War never turned hot between the major world powers, throughout Asia there were a number of border disputes and other regional small wars. For instance, India and Pakistan engaged in several border disputes, and China [...]
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