Tue, Sep 23, 2014, 2:44 PM EDT - U.S. Markets close in 1 hr 16 mins
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New U.S. tax rules chill 'inversion' deal-making; shares dive

As investors sold stocks involved in inversions, in which U.S. Despite new rules that will make some inversions costlier and others more difficult to do, Burger King Worldwide Inc (BKW.N) said it will proceed with its $11.5 billion deal with Canada's Tim Hortons Inc (THI.TO), stressing that the transaction was not about tax benefits.

  • GM to move Cadillac brand HQ to New York City

    The Cadillac luxury brand will move its headquarters to New York next year to get closer to those living lives of luxury. "There is no city in the world where the inhabitants are more immersed in a premium lifestyle than in New York," Johann de Nysschen, the brand's new president, said in a…

    Associated Press
  • The Steps To Success

    Who is the one person who has had the biggest impact on your life?

    AdChoicesstrayerSponsored
  • U.S. SEC to pay $30 million-plus in largest whistleblower award

    By Sarah N. Lynch WASHINGTON (Reuters) - An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. The Securities and Exchange Commission said on Monday that the whistleblower provided crucial information that helped…

    Reuters
  • Bill Ackman's Big Takeover Deal May Be Spinning Out Of His Hands, And He's Threatening To Sue

    For months Bill Ackman has been working with the pharmaceutical company Valeant to acquire its peer, Allergan. "We have read published reports that you are negotiating a substantial highly leveraged acquisition that would not require shareholder approval in an attempt to preclude a transaction with…

    Business Insider
  • Jack Ma of Alibaba becomes China's richest person

    The largest stock offer in history has made Jack Ma, founder of e-commerce giant Alibaba, China's richest person with a fortune of $25 billion, an annual wealth ranking in the world's second largest economy showed Tuesday. "It has been an amazing year for China's best tycoons despite the jitters…

    AFP
  • Apple sells more than 10 million new iPhones in first three days

    Apple Inc said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays. Chief Executive Tim Cook said the company could have sold even more iPhone 6 and iPhone 6 Plus models if supplies had…

    Reuters
  • Wall Street Has A New Worry Now That The Economy Is Recovering

    Business Insider is at the annual Bloomberg Markets Most Influential Summit on Monday, and this year  guest after guest has talked about the same worry. Early in the conference Carlyle CEO William Conway, hedge fund legend Julian Robertson, and William Dudley CEO of the Federal Reserve Bank of New…

    Business Insider
  • Indiana toll-road operator files for bankruptcy

    The debt-stricken operator of an Indiana Toll Road filed for bankruptcy protection Sunday with a plan to restructure some $6 billion in debt by selling its assets or reorganizing its business. ITR Concession Co. LLC filed for Chapter 11 protection with a prepackaged plan — meaning a sufficient…

    MarketWatch
  • Want a Career Change in Education? Earn your M.Ed.

    A Master of Education degree can help you launch a new career as a school administrator, curriculum director and more. Why wait? Apply to GCU!

    AdChoicesGrand Canyon UniversitySponsored
  • After big gains, stocks Cramer would avoid

    If you're looking at these stocks due to chatter of a super-cycle, Jim Cramer thinks you'll come to regret it. Because sand is such an important part of fracking , a relatively new drilling process that's made formerly hard to reach deposits of oil (New York Mercantile Exchange: @CL.1) and natural…

    CNBC
  • 5 Giant Myths Of Retirement Planning

    The world of retirement planning is no different. It’s been more than two decades since retirees could comfortably consider retiring off the interest they earned at the bank. If not, you’ll find yourself living a life of scarcity when your retirement life could be filled with abundance.

    Forbes
  • One Apple supplier may not get a pop from the iPhone 6

    The iPhone 6 has been a smashing success for Apple. This past weekend, Apple reported selling an astounding 10 million iPhone 6 and iPhone 6 Plus smartphones. Investors hoping to be clever about the news may consider buying shares of SanDisk, the flash memory maker that is an important supplier to…

    Talking Numbers
  • US cracks down on companies moving overseas

    The Obama administration cracked down Monday on certain overseas corporate mergers and acquisitions, aiming to curb American companies from shifting their ownership abroad to shirk paying U.S. New regulations from the Treasury Department will make these co-called corporate inversions less lucrative…

    Associated Press
  • Gold crashes and is now tarnished for good

    Gold shined brightly at the beginning of 2014, with bullion prices jumping by about 13% from New Year’s Day until mid-March. Last week, the precious metal settled near lows not seen since Christmas 2013.

    MarketWatch
  • Next up after Alibaba: Biggest bank IPO ever

    Investors will get a little time to catch their breath after Friday's record-breaking Alibaba trading debut, but not too long. On the heels of what is the largest initial public offering on record, Wall Street will be asked to digest what could be the largest bank or thrift IPO ever-the expected…

    CNBC
  • New Site Releases Everyone's Past Online!

    A new site has made it simple to find the truth out about anyone's Past online. It's as easy as typing in a Name and selecting a State!

    AdChoicesInstant CheckmateSponsored
  • Russian Industrial Giant Facing Bankruptcy?

    One of Russia's commodity producers could get crushed under the weight of its debt. U.S.-traded shares in the producer of coal, iron ore and steel, Mechel (MTL), fell 30%. The Market Vectors Russia ETF (RSX)  fell 1.83% today. The  iShares MSCI Russia

    Barrons.com
  • Clorox exits Venezuela citing govt restrictions

    Clorox is shutting down all operations in Venezuela, citing restrictions by the government, supply disruptions and economic uncertainty. The consumer products company said that for almost three years its affiliate, Corporación Clorox de Venezuela S.A., had to sell more than two-thirds of its…

    Associated Press
  • EMC Stock Soars After Investors Learn About Mega-Merger Talks With HP, Others

    For nearly a year, EMC and HP have been kicking the tires on a merger that would have created one the biggest enterprise tech companies on the planet — with over $130 billion in annual sales, according to the Wall Street Journal. Both companies were concerned they couldn't sell the deal as it was…

    Business Insider
  • Top Analyst Upgrades and Downgrades: Auxilium, BofA, Genworth, MGM, Walgreen, Wynn, Yahoo and More

    Auxilium Pharmaceuticals Inc. (AUXL) was downgraded to Hold from Buy at Stifel. Genworth Financial Inc. (GNW) was written up in Barron’s over the weekend as having 80% upside potential. Las Vegas Sands Corp. (LVS) was downgraded to Market Perform from Outperform and the price target was cut to a…

    24/7 Wall St.
  • How to Play the Real-Estate Market

    Skimpy interest rates, pent-up demand and lower prices have sparked gains of about 20% in the median price of new and existing homes over the past two years. Select REIT Index—which covers a number of investment vehicles—has climbed about 150% since the beginning of 2009, roughly matching the…

    The Wall Street Journal
  • Billionaire Fredriksen Boosts Seadrill Stake After Shares Drop

    Billionaire John Fredriksen boosted his stake in rig company Seadrill Ltd. (SDRL) after the stock dropped on a market downturn, a longtime adviser left, and amid uncertainty over a Russian deal. Fredriksen’s Hemen Holding Ltd. yesterday bought 2 million shares in the world’s biggest offshore-rig…

    Bloomberg
  • Often Overlooked Method to Pay Off Mortgage

    If you own a home and pay for a mortgage, you could reduce your payments by an average of $4,100 a year. Here is how it works.

    AdChoicesRateMarketplaceSponsored
  • Ruble Falls on Brent Decline, Fed Concerns: Russia Reality Check

    Markets are reacting in real time to tension in Ukraine following Russia’s March incursion into Crimea and subsequent annexation of the Black Sea peninsula. The Micex Index fell 1 percent to 1,417.46 at 12:44 p.m. in Moscow, giving a loss since Feb. 28, the day before President Vladimir Putin ’s…

    Bloomberg