ThinkstockThe hedge fund industry sure seems and looks different now when compared to a decade or two ago. We recently wrote about how the 2% and 20% pricing strategy long imposed on hedge fund…
ThinkstockIndependent oil and gas firm Anadarko Petroleum Corp. (NYSE: APC) on Sunday announced the sale of a 10% stake in a natural gas development block offshore of Mozambique to India’s state-controlled energy company ONGC Videsh…
ThinkstockAmgen Inc. (NASDAQ: AMGN) wants to regain its status as the largest publicly traded biotech in the U.S. The company formalized a buyout of cancer drug maker Onyx Pharmaceuticals Inc. (NASDAQ: ONXX) for about $10.4 billion…
ThinkstockQihoo 360 Technology Co. Ltd. (NYSE: QIHU) on Monday morning reported adjusted earnings per American Depositary Share (ADS) of $0.40 on revenues of $151. 67 million for its second fiscal quarter ended on June…
ThinkstockThe Fast Food Forward movement to increase pay for people who work at fast-food companies like McDonald’s Corp. (NYSE: MCD) and Yum! Brands Inc. (NYSE: YUM) seems to have a fair point. These workers cannot live much…
courtesy of General MotorsElectric cars have only one problem. No one wants to own one. That might change because of the wildly positive publicity around the success of Tesla Motors Inc. (NASDAQ: TSLA). But…
courtesy Making Change at Walmart and UFCW Wal-Mart Stores Inc. (NYSE: WMT) recently held what it called its “Walmart U.S. Manufacturing Summit.” One of the purposes of the meeting was to promote new initiatives to…
ThinkstockClose to a third of the adult U.S. population has a college degree. While it no longer necessarily guarantees a job, as it once did, graduating from college is a prerequisite for the vast…
ThinkstockIMF Chief Christine Lagarde has long been a proponent of government and central bank intervention. It could be argued, but not without dissent, that the philosophy worked during the recession. However, since the recovery…
Microsoft Sweden, via Wikimedia CommonsAndy Grove, one of the founders of Intel Corp. (NASDAQ: INTC) and its greatest CEO has been gone since 1998. His company has fallen into deep decline as its place as…
White House Photo by Pete SouzaJust as Steve Ballmer prepares to depart as CEO of Microsoft Corp. (NASDAQ: MSFT), the guessing game over who will take the reigns at the troubled tech giant has…
August 23, 2013: U.S. markets opened higher this morning most likely due to a big jump in shares of Microsoft Corp. (NASDAQ: MSFT) on news the CEO Steven Ballmer will retire. The only economic…
ThinkstockApparently its forays into hardware devices and cloud computing aren’t enough to satisfy Amazon.com Inc.’s (NASDAQ: AMZN) drive for global domination. Well, maybe that’s overstating the situation a bit, but a report at Bloomberg…
ThinkstockThe Federal Reserve issued some updates to its balance sheet and payments data on Friday, and the long and short of the matter is that you are going to see why the Fed needs…
ThinkstockThe big banks have gone to considerable lengths to mend the weaknesses that they were in before, during and after the recession. The public perception of the big banks is not very highly regarded.…