ThinkstockCarbon emissions regulations recently proposed by the U.S. Environmental Protection Agency (EPA) have been widely believed to be another (large) nail in the coffin of U.S. coal mining. However, coal consumption rose 21% and…
Turquoise Hill Resources announced Monday that the company received an audit report from the tax authority of Mongolia claiming the company owes unpaid taxes and penalties associated with the development of the Oyu Tolgoi…
Volkswagen AGOver the decade through 2013, new car sales in South America have grown an average of 11% a year, trailing only Asia as the hottest market for new cars. As of April, 2014…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in May rose 4.9% to 4.89 million from an upwardly revised total of 4.66 million in April.…
Singapore-based chipmaker Avago Technologies announced Monday morning that it will acquire U.S.-based chipmaker PLX Techology. The acquisition adds strength to Avago's presence in the storage and networking switch and internal bus market.
Wisconsin Energy announced Monday morning that it will acquire electricity and natural gas provider Integrys Energy for $9.1 billion in cash and stock.
General Electric managed to outbid its competitors, appease a socialist government and get what it wanted all at the same time Sunday. The Alstom deal is GE's largest ever.
ThinkstockAt 6 p.m. ET Sunday evening, the U.S. men’s national soccer team takes to the pitch in the middle of the Amazonian jungle to play the national team from Portugal in a World Cup group…
ThinkstockThe way people get their news is changing. In a recent survey, one-fifth now claim that their mobile phone is the primary access point for news. Nearly 40% of consumers of online news use…
ThinkstockJust when you might think that the rising tide of initial public offerings (IPOs) might wane a bit, a big week for IPOs is followed by a bigger one. There are currently 17 IPOs…
ThinkstockFriday was a big day for oil and gas production companies. The country’s three largest and many others hit new 52-week highs, and it is not entirely due to the turmoil and uncertainty in…
ThinkstockThe world’s three largest oil field services companies closed on Friday at or near all-time high stock prices. And this is happening despite intense competition in North America, where services like pressure-pumping have seen…
thinkstockJune 20, 2014: Markets opened higher on Friday and investors took the DJIA to a new all-time high just shy of 17,000. The S&P 500 also posted a new all-time high as energy stocks…
courtesy of StarbucksIn March Starbucks Corp. (NASDAQ: SBUX) CEO Howard Schultz said that the company had no plans to raise its prices. This morning the company announced that a grande or venti coffee would…
Wikimedia CommonsFor the past 20 years, the American Customer Satisfaction Index (ACSI) has been rating what it calls limited-service restaurants and the rest of us call fast-food restaurants. In every one of those 20…
Performance Sports Group was known as Bauer Performance Sports until three days ago. The newly named firm held its initial public offering Friday morning.
When is bad news actually good news? If you're Oracle CEO Larry Ellison, the answer is Thursday, after the markets closed and Oracle reported results that missed consensus estimates.
AvtoVAZSales of new passenger cars and light commercial vehicles (LCVs) in Russia fell 12% year-over-year in May, and year-to-date sales are down 6%. And it is projected to get worse. Bo Andersson, CEO of…
In a letter to Family Dollar's CEO following a dinner meeting on Thursday evening, Icahn said that it is "apparent that we have a strong difference of opinion as to the future of our…
CarMax reported better-than-expected first-quarter fiscal 2015 results before markets opened Friday morning. CarMax shares were up more than 16% in premarket trading.