Detroit Sells Homes for $1,000
ThinkstockDetroit has started to auction homes for as little as $1,000 each. Its Building Detroit website launched Monday with 15 homes and a series of rules buyers must follow once they take possession of…
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Year: 2014
All Year: 2014 Articles
Newest first · Page 356Canada’s IRS Gets Hacked
ThinkstockThe Canadian Revenue Agency (CRA), which performs the same function for the Canadian government that the Internal Revenue Service does in the U.S., announced today that it has been bitten by the Heartbleed bug.…
The 4 Stocks That Led the Market Comeback
thinkstockApril 14, 2014: Markets opened higher on Monday with shares moving up across the board in the morning. By afternoon buying enthusiasm had definitely cooled for some of the momentum stocks in biotech and…
Budget Deficit Continues Shrinking
ThinkstockThe Congressional Budget Office (CBO) released its updated estimate of the U.S. federal budget deficit on Monday afternoon. The agency now estimates that the fiscal year 2014 deficit will fall to $492 billion, nearly…
Southwest Profit Sharing Surges, Union Talks Continue
Southwest Airlines trumpeted its record $228 million contribution to its profit sharing plan. The payment will be an 88% increase over last year's contribution, as well as the 40th consecutive payment.
GM Management Shake-Up Continues
The people in charge of human resources and public relations at General Motors last week are no longer in the driver's seat. The company's new CEO is probably building her own team.
What to Look For in Yahoo! Earnings
When Yahoo! reports first-quarter results after markets close Tuesday, investors likely will be paying more attention to what it says about its plans for its windfall from the coming IPO of Alibaba.
How T-Mobile Plans to Shake Up Wireless Industry
T-Mobile US, which of late has been calling itself the "Uncarrier," revealed its latest in a series of efforts to shake up the wireless industry: abolishing overage fees. Will its larger rivals take the…
Will Walgreen Move HQ to Europe?
Walgreen's pending buyout of Switzerland-based Alliance Boots chain stands to make Walgreen even bigger, and more international. Will the company re-domicile overseas?
Why These Chip Stocks Are the Best Way to Play Big Data Now
Big data does not care about the recent market sell-off. Here are the top chip stocks to buy from Credit Suisse for investors looking to exploit the explosion in big data. These stocks are…
Retail Sales Blossom in March
ThinkstockMonday morning, the U.S. Census Bureau released advance estimates of retail and food services sales for March. Sales rose 1.1% to $433.9 billion, compared with February sales, and 3.8% year over year. For the…
Now Facebook Wants to Be Your Bank
Facebook is seeking regulatory approval from the Irish government that would allow the site's users to store money with Facebook and use it to pay bills and exchange money with other people.
Citigroup Thrives on Cost-Cutting
Citigroup reported better-than-expected first-quarter results before markets opened Monday morning. The bank reportedly started trimming more jobs last week and will close some Korean consumer banks.
Five Top Aerospace and Defense Stocks to Buy Now
ThinkstockLike many of the top stocks in the various S&P 500 sectors, the quality aerospace and defense names have taken some shots in the recent sell-off. In a new research report, the Aerospace and…
Five High-Yielding MLP Energy Infrastructure Stocks to Buy Now
In a new research report, the Energy Infrastructure analysts at J.P. Morgan make the case that the high-yielding stocks that fall within their category are a solid bet in a very choppy market.