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Sears CEO cites Uber, Amazon in explaining Q4 loss
Shoppers stream into a Sears store in Schaumburg, Ill., on Thanksgiving, Nov. 26, 2015. In a case of the old economy colliding with the new, Sears'...
Best Buy’s Big $1 Billion Buyback
Consumer electronics retailer Best Buy (BBY) jumped more than 2% in Thursday trading off news of its fourth-quarter earnings. The company also announced plans to...
China minted dozens of new IPO billionaires in 2015, even as stock markets crashed
China’s entrepreneurs continued to mint money in 2015, despite a stock market crash and an ongoing economic slowdown. China added 104 new US dollar billionaires...
ES Morning Update February 26th 2016
Futures now appear to be in the 5th wave up inside a C up that started at the 1920 low on 02/25. The A wave...
ES Morning Update February 25th 2016
Futures banging on overhead resistance from falling trendline. Rising trendline providing early support but forms a triangle that will force a break before noon today...
Apple Is Said to Be Working on an iPhone Even It Can’t Hack
New York police officers stood guard during a demonstration outside the Apple store on Fifth Avenue on Tuesday. WASHINGTON — Apple engineers have already begun...
Pressured Viacom May Sell Minority Stakes in Paramount
Under pressure from shareholders including Mario Gabelli's Gamco Investors and Eric Jackson's SpringOwl Asset Management, Viacom (VIA - Get Report) (VIAB - Get Report) Exeuctive...
Apple to argue First Amendment in iPhone encryption fight
Should the computer code for an iPhone be considered free speech? Apple will apparently turn to the First Amendment in its fight against a court...
McDonald’s rolls out low-cal breakfast for SoCal
McDonald's is rolling out a low-cal menu for SoCal, featuring Tex-Mex-style breakfast bowls and Chobani parfaits. Starting this week, McDonald's (MCD) is testing two different...
UL Reveals How It Tests Safety Of Hoverboards While Swagway Does U-Turn
U.S.-based Underwriters Laboratories has revealed how it tests the safety of the hoverboards. Popular self-balancing scooter maker Swagway, which had previously asked people to refrain...