Stocks are soaring higher today, fueled by out-of-the-park earnings from Caterpillar and McDonald's. Plus another milestone is reached, with the Nasdaq Composite breaching the 6000 mark. Yahoo Finance's Alexis Christoforous is joined by Alan Valdes, director of floor operations a...Read More »
According to Alexandra Cavoulacos and Kathryn Minshew, authors of "The New Rules of Work," it's not only possible to find out why the company turned you down — it's often advisable. Cavoulacos and Minshew are the cofounders — and COO and CEO, respectively, of careers advice and job listings site The Muse. In the book, they recommend following up with the hiring manager to ask for feedback on your interview skills.
The U.S. Supreme Court on Tuesday appeared poised to clamp down on where corporations can be sued, a potential setback for plaintiffs' lawyers who strive to bring cases in courts and locales they consider friendly. The nine justices in two separate cases heard appeals of lower court rulings allowing out-of-state injury lawsuits against drug maker Bristol-Myers Squibb Co and BNSF Railway Co . Companies and plaintiffs are engaged in a fight over where lawsuits seeking financial compensation for injuries should be filed.
A new casino in Macau paid off nicely for Wynn Resorts Ltd. The company founded by Steve Wynn reported first-quarter results that easily topped analysts’ forecasts, benefiting from the new Wynn Palace in the Chinese gambling enclave and improvement in its home market of Las Vegas. The shares rose in extended trading. Profit excluding some items grew to $1.24 a share, beating the 98-cent average of analysts’ estimates. Revenue jumped by almost half to $1.48 billion, the company said Tuesday in a statement, also topping forecasts. Macau is bouncing back from a three-year slump triggered by a Chinese government crackdown on corruption that prompted high rollers to shun the casinos. Gambling revenue