ThinkstockApple vs. Congress Near the top of the business headlines is the battle that Congress has started to wage with Apple Inc. (NASDAQ: AAPL) over the taxes it pays. By some measures,…
courtesy of AOL, IncYahoo! Inc.’s (NASDAQ: YHOO) profits in Asia will help balance the risk of its Tumblr buyout. (Reuters) A successful vote to split the chairman and CEO jobs at J.P.…
Seattle-based software maker Tableau Software Inc. (NYSE: DATA) begins trading today following an initial public offering (IPO) of 8.2 million shares at a price of $31 a share. The offering is valued…
courtesy Dell Inc.The earnings reports of J.C. Penney Co. Inc. (NYSE: JCP) and Dell Inc. (NASDAQ: DELL) show that revenues at each company finally may have found bottoms. This sets a stage…
ThinkstockBloomberg reporters were allowed to look at some of the subscriber data of Bloomberg terminal users. The disclosure, brought to light by Goldman Sachs Group Inc. (NYSE: GS), is staggering in its…
Douglas A. McIntyre Matthew Winkler Should Resign Bloomberg reporters were allowed to look at some of the subscriber data of Bloomberg terminal users. The disclosure, brought to light by Goldman Sachs Group Inc. (NYSE: GS),…
Douglas A. McIntyre Wikimedia CommonsFollowing the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a Troubled Asset Relief Program — TARP — in an effort to stop…
White House Photo by Pete SouzaThe improvement in stock prices has done nothing to bring the investment in equities by individuals higher at all. As a matter of fact, participation in stock…
ThinkstockHertz Global Holdings Inc. (NYSE: HTZ) is joining the ranks of large companies with private equity backers selling out. A huge offering took place after the sale of a whopping 49,800,405 shares…
courtesy J.C. Penney Co. Inc.Retailer J.C. Penney Co. Inc. (NYSE: JCP) said this morning that it has received a commitment from Goldman Sachs Group Inc. (NYSE: GS) for a five-year $1.75 billion…
Paul Ausick Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) has lowered targets and bashing objectives on many things. Today it is Europe, which follows the firm’s somewhat worrisome downgrade of copper expectations, and comes…
Jon C. Ogg U.S. equity markets opened higher this morning, getting off to a good start in an effort to recover some of the ground lost yesterday. A jump in U.S. new home construction to…
ThinkstockOver the past 10 years the world’s largest commodities trading houses have racked up nearly $250 billion in profit. That is more than the net profit of Goldman Sachs Group Inc. (NYSE:…
Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported first-quarter fiscal 2013 results before markets opened this morning. The investment bank and financial services giant reported quarterly diluted earnings per share (EPS) of…
Paul Ausick U.S. equity markets opened lower this morning as overnight trading in gold saw the beginnings of the biggest one-day drop in the yellow metal’s price in 30 years (more coverage here). Markets…
