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  • Billionaire's house arrest sends stocks crashing

    Billionaire's house arrest sends stocks crashing MOSCOW (AP) — The arrest of a Russian billionaire on Wednesday sent shares in his holding company into a tailspin, wiping away more than $2.5 billion in market capitalization. Vladimir Yevtushenkov, who is worth $9 billion according to the Russian…

    Associated Press
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  • SHOE COMPANY: Our CEO Just Disappeared And Most Of The Money Is Gone

    "and like that: he's gone." This is an actual headline from a company press release: "CEO and COO disappeared, most of the company's cash missing." (Via FastFT) In a statement, German-based shoe company Ultrasonic said its CFO,  Chi Kwong Clifford Chan, has been unable to reach the company's CEO,…

    Business Insider
  • Here's What Mark Cuban Wishes He Knew About Money In His 20s

    Cuban is the owner of the Dallas Mavericks basketball team. Billionaire investor and entrepreneur Mark Cuban is generous with his advice. When we asked him what he wishes he'd known about money in his 20s, he said:

    Business Insider
  • De Beers warns diamonds aren't forever

    De Beers warns diamonds aren't forever The De Beers diamond cartel warned Wednesday that global production will decline from 2020, a trend that could spell pricier bling for consumers. A dearth of major new diamond finds means that production might not keep up with ever-increasing demand from the…

    AFP
  • Play

    What You Need to Know Before Buying Alibaba Shares

    Investors hoping to make a killing when Alibaba debuts its IPO should keep a few finer details in mind. The Intelligent Investor columnist Jason Zweig discusses on the News Hub with Sara Murray.

    WSJ Live
  • Top Analyst Upgrades and Downgrades: AEP, BHP, GE, Incyte, 3M, Tyco, Under Armour and More

    Top Analyst Upgrades and Downgrades: AEP, BHP, GE, Incyte, 3M, Tyco, Under Armour and More Stocks were firm on Wednesday morning ahead of the FOMC meeting outcome. Tuesday’s rally may have sparked higher interest again, and investors are looking for bargains

    24/7 Wall St.
  • How to throw away a fortune

    If you start saving as soon as you enter the workforce, you will have roughly $279,000 at retirement. What if, instead, you had opted for a tax-deductible IRA? You might lose 25% to taxes when you cash out your IRA in retirement.

    The Wall Street Journal
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  • Margaritaville casino owners seek bankruptcy

    The owner of Biloxi's Margaritaville casino has filed for Chapter 11 bankruptcy protection Tuesday, only hours before a hearing where the landlord aimed to seize the property. The filing by MVB Holding LLC in U.S. Don Dornan, a lawyer for landlord Clay Point LLC, said the company had planned to ask…

    Associated Press
  • Facebook Is Hiding Important Information From Investors

    Facebook Is Hiding Important Information From Investors Facebook.com/sheryl On July 23, when Facebook reported its earnings for the second quarter, the company stunned everyone. Revenues were $2.68 billion, up 67% from the same quarter during the year

    Business Insider
  • The Government Keeps Helping People Buy Failing Cold Stone Creamerys

    Would you loan someone money to buy a Cold Stone Creamery franchise if you knew that more than a quarter of those loans default? Over the last decade, franchisees in the Cold Stone Creamery ice cream chain defaulted on 29 percent of working-capital loans backed by the government, costing taxpayers…

    BusinessWeek
  • Big Minnesota insurer leaves Obamacare site

    The "Blue Ox" of Minnesota Obamacare is calling it quits. PreferredOne, the insurer that sold nearly 60 percent of all private health plans on Minnesota's Obamacare exchange, on Tuesday said it would leave that marketplace. PreferredOne's plans were the lowest-cost options on that exchange, known…

    CNBC
  • Play

    What the Fed Meeting Means for Bonds

    Janet Yellen & Co. are expected to hint at their timetable for raising interest rates. Here's how investors should prepare ahead of the meeting.

    WSJ Live
  • Boeing may have outfoxed Musk, but it could have bigger problems

    Elon Musk is arguably one of the greatest entrepreneurial minds of the 21st Century, but he was outsized an old school aerospace giant. Boeing won the bulk of NASA’s contract for a space taxi.  One of the other companies vying for the deal is SpaceX, the company headed by Tesla’s Musk, will get a…

    Talking Numbers
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  • The dollar just reversed a five-year trend

    “A lot of investors have forgotten that in a bull market, you tend to see your economy strengthen, the dollar strengthen and equities go with it,” said Craig Johnson, senior technical analyst at Piper Jaffray. Driving the dollar strength is an influx of capital from Europe, where economic…

    Talking Numbers
  • United Offers $100,000 Buyouts to Flight Attendants

    Employees who accept the early-exit plan will be eligible for lump-sum payments, said a spokeswoman, Megan McCarthy, who declined to disclose the formula needed to reach the maximum. United also is recalling 1,450 furloughed attendants, most of whom took voluntary leave one to two years ago, she…

    Bloomberg
  • Airbus Keeps A380 Production Rate Even With Scarce Orders

    Airbus Chief Executive Officer Fabrice Bregier said the company can maintain a production rate of almost 30 A380 a year even amid slack demand, and will seek to build fresh interest with superjumbos coming off lease. Bregier, speaking at the Airbus factory in Hamburg, where Qatar Airways Ltd. took…

    Bloomberg
  • Top Analyst Upgrades and Downgrades: Arch Coal, Coca-Cola, Duke Energy, Microsoft, Oracle, Visa and More

    Top Analyst Upgrades and Downgrades: Arch Coal, Coca-Cola, Duke Energy, Microsoft, Oracle, Visa and More Stocks were soft on Tuesday after mixed fanfare on Monday. Investors are still looking for opportunities now that some stocks have pulled back. 24

    24/7 Wall St.
  • Alibaba’s Small Increase in I.P.O. Price Is Puzzling

    Pricing initial public offerings is an inexact science. It’s not unusual for companies listing in the United States to tweak their I.P.O. price range before finalizing the offering. What’s surprising is that Alibaba made such a small adjustment when confronted with what people involved in the…

    The New York Times
  • A Scottish 'Yes' also means exit from EU, NATO

    A Scottish 'Yes' also means exit from EU, NATO BRUSSELS (AP) — If Scottish voters this week say Yes to independence, not only will they tear up the map of Great Britain, they'll shake the twin pillars of Western Europe's postwar prosperity and security — the European Union and the U.S.-led NATO…

    Associated Press
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  • Tesla prevails in top Massachusetts court over direct sales

    Massachusetts' highest court on Monday threw out a lawsuit seeking to block Tesla Motors Inc from selling its luxury electric cars directly to consumers in the state, enabling it to bypass traditional dealerships. The state's Supreme Judicial Court unanimously concluded that the Massachusetts State…

    Reuters