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At least one prominent business professor thinks Big Blue might be better of simply shrinking by allowing its legacy businesses to fade away, rather than trying to push itself to grow.
There is a scenario where a fast rise in VIX could cause some popular short VIX products to close their doors - causing an even greater spike in VIX and dragging the market down.
J.C. Penney Co. Inc. said Monday that it is now accepting Apple Pay at stores nationwide. It's also making its credit card available on the mobile payment service, so customers can accumulate J.C. Penney ...