Business News
Global Business News for 7 Aug 2014
Everything That's Annoying About Silicon Valley Is Summed Up In This One Photo
Business Insider - 7 Aug 2014 17:01
The latest issue of Bloomberg Businessweek has a cover story titled, "In Defense Of The Silicon Valley Tech Bro." The cover shot includes all of the usual stereotypes about Silicon Valley. There's a... guy wearing Google Glass and a Y Combinator shirt to show off the prestige ous accelerator program he was in. A TechCrunch Disrupt conference badge is dangled around his neck along with Beats headphones. He's sipping on Blue Bottle Coffee, a San Francisco staple, and walking a dog that's wearing a GoPro. Here's what went into the cover shot: Bloomberg Businessweek And here's the final result: Bloomberg Businessweek Join the conversation about this story »Time Warner to go it alone as Fox exits stage
Reuters - 7 Aug 2014 04:48(Reuters) - Time Warner Inc will not have to worry about any overtures from Twenty-First Century Fox for the foreseeable future.
A Misguided Fraternity Movement Is Revealing The Worst Aspects Of Frat Boy Culture
Business Insider - 7 Aug 2014 23:05
A self-propelled "movement" from male interest website Total Frat Move is stirring up debate over the nature of Greek life, bringing out both the worst and best elements of fraternity culture. As TFM... announced on their website last week, "There's an important movement afoot. It's time to stand up and tell the world why we need frat. Why do you need frat? #WhyWeNeedFrat." We first read about this on BuzzFeed, which reported on TFM's Instagram pictures and YouTube video using the hashtag. While some of TFM's messages are comparatively benign, many quickly turn to more offensive topics: Business Insider wrote about the rise of Total Frat Move and their parent company Grandex Inc. in March. Regardless of whether these were meant to be tongue-in-cheek -- TFM also released a YouTube video with...KfW-backed $8 billion India renewable grid starts inviting bids
livemint.com - 7 Aug 2014 14:53
PGCIL has invited bids for work beginning in Rajasthan and Tamil Nadu statesBofA Said To Be Near $16 Billion Deal With US Over Mortgage Bonds
IBTimes - 7 Aug 2014 07:31(Reuters) - Bank of America Corp (BAC.N) is close to a deal with the U.S. Department of Justice to pay more than $16.5 billion to end investigations into mortgage securities that the bank and... companies it bought sold in the run-up to the financial crisis, a person familiar with the matter said on Wednesday.
Herbalife bond 19% drop worries Wall Street
New York Post - 7 Aug 2014 05:00
A steep drop in the price of Herbalife's $1.15 billion in convertible bonds raised fresh concerns on Wall Street on Wednesday. The bonds, which were issued in February, traded on...Experts Say This Dodge Supercar Is Almost Unhackable
Business Insider - 7 Aug 2014 23:33
Chrysler got some bad news and some good news this week, as far as cybersecurity in cars is concerned. First the bad: A research report concluded that the 2014 Jeep Cherokee is among the "most... hackable" vehicles in the market. Now the good: The 2014 Dodge Viper is among the least hackable. You've probably seen a Cherokee or two on the highways and byways of your daily life. But chances are you haven't spotted all that many Vipers. The 640hp all-American supercar is Chrysler's answer to not just General Motors' Corvette, but to European brands such as Ferrari and Lamborghini. According to Reuters, the authors of the study -- Charlie Miller and Chris Valasek -- "cautioned that since they had not actually attempted to hack the cars, the ones designated 'most hackable' might actually be quite...The Big Data Paradox
inc - 7 Aug 2014 22:35
Big data is never complete, and it's usually messy--and if it's not, you can't trust it.The World's Wealthiest 1 Percent Are Richer Than We Thought
IBTimes - 7 Aug 2014 18:31The world's richest 1 percent owns more wealth than economists have thought, depriving countries of billions of dollars in tax revenue and muting a shift in global inequality.
Review: JBL Synchros E10 and Reflect in-ear headphones
News Observer - 7 Aug 2014 16:08JBL's recently launched in-ear headphones offer improved sound and ergonomics.
Many Americans Renounce Citizenship, Hitting New Record
Forbes - 7 Aug 2014 07:57
More and More Americans Don't Want to Be--and They are Voting With Their Feet.India's Cabinet Approves Foreign Investment Hike In Defense, Railways
IBTimes - 7 Aug 2014 07:31(Reuters) - The cabinet approved a plan on Wednesday to raise the amount of foreign direct investment allowed in its defense and railways industries, part of Prime Minister Narendra Modi's efforts to... attract more foreign cash and revive the economy. The government is to increase the foreign investment limit in the defense industry to 49 percent from 26 percent, a senior cabinet minister told Reuters following a cabinet meeting.
Build An Unbeatable Customer Service Advantage--By Being Inefficient
Forbes - 7 Aug 2014 07:12
When my daughter went to overnight summer camp for the first time, it was on an isolated, low-tech island. Being her first time on her own, she wrote home faithfully every day. To her parents, to her... little brother, even to her pets. Dating the letters Monday, Tuesday, Wednesday, and so forth, stamping them, putting them in envelopes, giving it to her counselor each evening to be mailed the next day.Small firm exports to Africa, James Bond-style
USA Today - 7 Aug 2014 06:24
Hann Powerboats are being used to protect workers and tankers from Nigerian pirates Watch out for credit cards issued by retailers
USA Today - 7 Aug 2014 06:11
Credit cards offered by retailers come saddled with an average APR of 23.23%, according to a CreditCards.com report. Asian shares lower ahead of central bank meetings
Miami Herald - 7 Aug 2014 05:19Asian stocks were mostly slightly lower in Thursday morning trading, as markets watched for action of the central banks in the U.S., Japan and Europe and worries about the escalating conflict in... Ukraine continued to weigh on shares.
Can Dubai avoid a property bust?
CNN - 7 Aug 2014 04:52Dubai celebrated its World Expo 2020 win in style but could a property bubble spoil the party?
Apple Engineers Patent System For Wireless Power
Forbes - 7 Aug 2014 03:48
If you like electronic gadgets but hate tangles of chargers and charging cords, you're not alone. Apple engineers feel your pain.Regulators: Banks' Optimism Killed 'Living Wills'
Wall Street Journal - 7 Aug 2014 03:47A regulatory rebuke of 11 large banks stemmed from a concern that Wall Street remains too sanguine about its ability to withstand a crisis.
Fox beats estimates thanks to big box office
New York Post - 7 Aug 2014 03:40
21st Century Fox enjoyed a positive final quarter with earnings driven by big box-office hits, including "X-Men: Days of Future Past," "Rio 2" and "The Fault in Our Stars." Revenue...Conflict Leaves Industry in Ashes and Gaza Reeling From Economic Toll
The New York Times - 7 Aug 2014 03:27
In addition to the estimated 1,800 Palestinians killed, business leaders say some 175 industrial plants took devastating blows.Why a Monkey Throwing Darts Could Boost Your Returns
Forbes - 7 Aug 2014 03:10Gil Weinreich of Research Magazine has a nice article entitled, "Why a Monkey Managing Your ETF Portfolio Could Boost Returns." Concerning Rob Arnott, keynote speaker for ThinkAdvisor's recent vitural... conference, Weinreich writes: To Burton Malkiel’s famous claim that a blindfolded monkey throwing darts could select stocks as well as investment experts, Arnott boldly showed the monkey would actually outperform active fund managers and market-cap weighted index funds.
WTO upholds 'rare earth' ruling against China
Miami Herald - 7 Aug 2014 23:59The World Trade Organization on Thursday upheld a ruling that China violated international trade rules with restrictions on the export of "rare earths," the minerals used in mobile phones, hybrid... cars, flat-screen TVs and other high-tech products.
New Mexico consumer spending up 11 pct. in 2009-12
Miami Herald - 7 Aug 2014 23:59Consumer spending in New Mexico shortly after the Great Recession mirrored the national average with 11 percent growth, but it increased at a faster pace than in most other Western states, according... to federal figures released Thursday.
Is Google exec building on Miami Beach?
Miami Herald - 7 Aug 2014 23:55
Look for a high-level Google executive in the neighborhood soon.On drilling, Colorado towns get split legal news
Miami Herald - 7 Aug 2014 23:55Longmont and Fort Collins got differing legal decisions Thursday in their efforts to set local regulations for oil and gas drilling.
Where the CEOs Live
Wall Street Journal - 7 Aug 2014 23:54Metro areas with the highest concentration of CEOs have one thing in common: rising prices
Fed survey: 40% of households show signs of financial stress
L.A. Times - 7 Aug 2014 23:52Spirit Airlines reaches contract agreement with flight attendants
Miami Herald - 7 Aug 2014 23:51Spirit Airlines has reached a tentative contract agreement with its flight attendants.
Reports: NY Cop Accidentally Shoots 3-Year-Old Son While Unloading Gun
TPM - 7 Aug 2014 23:50An off-duty police officer in New York reportedly shot his young son by accident on Tuesday night while unloading his gun at home.
Lululemon Is Surging Because Chip Wilson Did This
The Street - 7 Aug 2014 23:48NEW YORK (TheStreet) - Lululemon Athletica shares surged 6.9% to $41.73 in post-market trading after its founder Dennis "Chip" Wilson announced that he was selling half of his stock to private equity... firm, Advent International. Wilson owns approximately 40.2 million shares of the yoga apparel maker's common stock, representing approximately 27.7% of the outstanding shares. He is selling 20.1 million shares, or 13.85% of the company's shares, to Advent for a total of $845 million. Lululemon's board of directors has given its "full support" of the transaction, according to a press release announcing the deal.
How the Cloud Will Transform Business by 2020
inc - 7 Aug 2014 23:47
Companies that don't take advantage of cloud computing will be in the minority in less than six years. Here's why.Jumbo Loans to Pay for Your Slice of Paradise
Wall Street Journal - 7 Aug 2014 23:46Hawaii has some of the country's highest home prices. As a result, jumbo-mortgage loan limits there can be as high as $721,000.
Mindfulness for Success: Top 3 Management Tips
The Huffington Post - 7 Aug 2014 23:44
Running a successful business demands attention, especially these days. If you aren't consciously choosing where to put your attention, you're risking everything. As William W. George, professor of... management practice at Harvard Business School, former chairman and chief executive officer of Medtronic, and author of four best-selling books, said: Leaders who are mindful tend to be more effective in understanding and relating to others, and motivating them towards shared goals. Hence, they become more effective in leadership roles. More effective leadership means a more effective team. You can do the rest of the math. Mindfulness and Business Strategies The most basic definition of mindfulness? It's simply paying attention. As a business strategy, paying attention to the right areas has the...Lululemon founder to sell half his stake for $845M
Miami Herald - 7 Aug 2014 23:44Lululemon Athletica founder Dennis "Chip" Wilson will sell half his stake in the maker of yoga apparel and other exercise gear as part of a truce that averts a potentially messy battle.
Ala. judge throw out suit targeting loan database
Miami Herald - 7 Aug 2014 23:44A state judge has thrown out a lawsuit from payday lenders looking to challenge regulations requiring a central database to track payday loans.
Wonkblog: Italy's triple-dip recession has wiped out all its growth since 2000
Washington Post - 7 Aug 2014 23:43The greatest trick the devil ever pulled was convincing Italy to join the euro. It hasn't grown since. After its GDP fell 0.2 percent, Italy is stuck in a triple-dip recession. Yes, triple: its... economy started shrinking in 2008, relapsed in 2011, and now again in 2014. Although, at this point, it's probably more accurate to just call this a depression. After all, Italy's economy has contracted 11 of the previous 12 quarters. It's been enough to wipe out almost all its growth the past 14 years.
Pentagon Denies NYT Report That U.S. Bombed ISIS Targets In Iraq
TPM - 7 Aug 2014 23:43This post has been updated. Kurdish officials reported that he U.S. on Thursday night bombed ISIS targets in northern Iraq in an attempt to help free residents of two Kurdish towns seized by the... insurgents, according to the New York Times. Pentagon press secretary Rear Adm. John Kirby quickly denied the report.
Delayed Defect Reporting to Cost Hyundai $17.35M
NBC News - 7 Aug 2014 23:34
The government says Hyundai has agreed to pay a $17.35 million fine for delayed reporting of a brake defect affecting Genesis luxury cars.Starbucks: We Don't Give Money To Israel
The Huffington Post - 7 Aug 2014 23:33
WASHINGTON -- The global coffee company Starbucks released a statement this week to clarify apparent misconceptions about the company's patronage of Israel. In a fact sheet updated Aug. 5, Starbucks... notes it does not support any political or religious causes, adding that neither Starbucks nor its CEO, Howard Schultz, provides any financial support to the Israeli government or Israeli military. "Rumors that Starbucks or Howard provides financial support to the Israeli government and/or the Israeli Army are unequivocally false. Starbucks is a publicly held company and as such, is required to disclose any corporate giving each year through a proxy statement," the statement reads. In Q-and-A format, the statement answers queries about Starbucks' presence in the Middle East. One questions asks...Data Breaches May Result in Board Breakups
The Huffington Post - 7 Aug 2014 23:30The ripple effect continues to haunt Target: It’s expected that seven of its board of directors members may be replaced because they failed to provide effective oversight into the corporation’s... data-protection risks. Boards simply need to be more proactive in safeguarding their companies against data breaches. Institutional Shareholder Services (ISS) prepared a report on the Target data breach and aftermath. The report states that Target’s board members should have been kept in the loop pertaining to protection of sensitive information and what a breach could mean to brand reputation and customer loyalty. "The company acknowledged the need for more stringent internal capabilities to identify potential risks with less reliance on external reports which suggested the systems were...More Photos Of The iPhone 6 Just Leaked, Possibly Showing Its Camera, Home Button, And More
Business Insider - 7 Aug 2014 23:28
A new leak claims to show the rear shell of Apple's iPhone 6, providing yet another look at what could be the iPhone's redesigned body. The new images published by Feld & Volk, a company that adds... luxurious modifications to iPhones, seems to be consistent with previous leaks. The photos were first discovered by MacRumors, and show a rear casing that's thinner, larger, and features the same curved edges we've seen in photos over the past several months. It's unclear if the components shown in the photos are for the rumored 4.7-inch model or larger 5.5-inch iteration. The most notable takeaways are the recessed volume buttons cutouts (shown below), which would mark a change from the circular buttons on the current iPhone 5s. The camera also protrudes from the back of the device, unlike the...5 reasons not to retire in the U.S.
Market Watch - 7 Aug 2014 23:28The number of retirees overseas has more than doubled in 10 years.
Lululemon And Billionaire Founder Chip Wilson Call A Truce
Forbes - 7 Aug 2014 23:26
Billionaire Chip Wilson has backed down from his battle with Lululemon, the athletic apparel company he founded in 1998.Movers & Shakers: Zynga plummets, Tesla falls short of record
Market Watch - 7 Aug 2014 23:25These stocks could be making notable moves on Friday
The Art of Managing Science
Harvard Business Review - 7 Aug 2014 23:23J. Craig Venter, the biologist who led the effort to sequence human DNA, on unlocking the human genome and the importance of building extraordinary teams for long-term results.
Stock Market Continues 'Trend Bearish' Selloff on Accelerating Volume
The Street - 7 Aug 2014 23:23NEW YORK (TheStreet) -- The stock market had another ugly down day on Thursday as volume continues to accelerate on the downside. I will continue to reinforce the notion that the stock market is in a... "Trend Bearish" condition. Wall Street pundits are still on the side of bullishness. The DJIA was down another 75 points on Thursday at 16368, although it was off its lows for the day. The S&P 500 was lower by 10.67 at 1909.57. The Nasdaq lost 20.08 points to 4334.97and the Russell 2000 was down 5.79 at 1119.76. The short hedge funds continue to press the short side of this market. As many of you readers of my column know, this is what it looks like when the market loses a bid underneath. A stock market that is controlled by the hedge funds act in unison. We are now seeing the flip side of the...
For Lease: Up To 10,000SF In Beautiful Silicon Alley Office
Business Insider - 7 Aug 2014 23:23
Business Insider just leased another floor in our headquarters at 150 5th, and we're looking to sub-lease up to half of it to another fast-growing company. We're making up to 10,000 square feet... available for a term of one to two years. The office is open, sunny, and bright: ideal for a creative or Internet company. The space has ample conference rooms and meeting spaces, a stocked kitchen, and a gorgeous roof deck. It comes fully furnished with fast internet access and appealing decor. Several different rentable configurations are available and can be customized to your company's needs. About the building:150 Fifth Avenue is between 19th and 20th and is a beautiful historic landmark building in the heart of Silicon Alley. The 4,5,6, N/R, F/Q, PATH, and 1,2,3 trains are all within a...Netflix passes HBO in subscriber revenue
USA Today - 7 Aug 2014 23:22
2013 brought Netflix their first Emmy nominations; 2014 brought a new milestone. How Will IBM (IBM) Stock Be Affected By New Brain Chip?
The Street - 7 Aug 2014 23:22NEW YORK (TheStreet) -- International Business Machines Corp. has developed a new chip that the information technology company says possesses features of the brain, including functions that... recognize patterns and identifies objects while using less electrical power than conventional hardware, the Wall Street Journal reports. Called TruNorth, the company has received $53 million in funding since 2008 to develop the chip from the Pentagon's Defense Advanced Research Projects Agency. TrueNorth uses 5.4 billion transistors, four times more than a typical PC processor. IBM says it's a break from the standard designed used in most computers, the Journal said. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can...
Pentagon Denies Report US Is Bombing ISIS Targets In Iraq
Business Insider - 7 Aug 2014 23:20
The Pentagon moved swiftly to shoot down a New York Times report Thursday afternoon that American military forces had bombed at least two places in northern Iraq targeting fighters from the Islamic... State of Iraq and the Levant (ISIS). "Press reports that US has conducted airstrikes in Iraq completely false. No such action taken," Rear Adm. John Kirby, the Pentagon press secretary, wrote on Twitter. President Barack Obama is preparing to make a statement on the situation Thursday evening, the Times reported. The White House declined to comment on the report. The Times reported, citing Kurdish officials, that U.S. military forces struck at least two targets with the intention of routing ISIS fighters who have created what officials have called an urgent humanitarian situation in northern...Boring Sit-Down Restaurants Suddenly Look Lively
The Street - 7 Aug 2014 23:20NEW YORK (TheStreet) -- Fast casual restaurants Chipotle and Starbucks have been delivering eye-popping sales increases in the United States for the better portion of two years. The losers from the... shift in consumer preferences to quicker service restaurants have been the traditional, full-service restaurants like Brinker International and Darden . However sales data from the second quarter for the publicly traded full-service restaurants suggests they may not be dead after all.Watch More: Buffalo Wild Wings CEO Tackles the Future with Innovation According to Bloomberg's Knapp-Track, full-service casual dining comparable sales may fall 1.1% in July, which would reverse the prior month's departure from fourth months of sequential improvement. Comparable sales growth is still negative...
US Leveraged Loan Fund Outflows Quadruple, To $1.5B; ETF Influence Grows
Forbes - 7 Aug 2014 23:20
Cash outflows from bank loan funds nearly quadrupled this week, rising to $1.5 billion in the week ended Aug. 6, from just $406 million the prior week, according to Lipper. And the influence of... bank-loan ETFs grew during the week, to 14% of the outflow, or negative $211 million, from essentially nil the prior week.Figures on Government Spending and Debt
ABC News - 7 Aug 2014 23:18Figures on government spending and debt
Book publishing helps News Corp beat revenue estimates
Reuters - 7 Aug 2014 23:16(Reuters) - News Corp , publisher of the Wall Street Journal, reported better-than-expected quarterly revenue as growth in its book publishing business helped to make up for a decline in revenue in... its bigger news and information division.
Russia And Iran Reportedly Signed A Huge Oil Deal -- But No One Knows The Details
Business Insider - 7 Aug 2014 23:15
Iran and Russia may have just signed a major $20 billion oil deal, as reported by Russia's Itar-Tass, Iran's Fars News, and the Telegraph on Wednesday. The deal would allow Iran to circumvent western... and international sanctions aimed at curtailing the country's nuclear program. And it would allow Russian President Vladimir Putin to play the spoiler for the centerpiece of the Obama administration's entire foreign policy -- namely, its push for a final nuclear agreement with Iran -- in retaliation for the unprecedented U.S. sanctions on Russia. Basically, it's a geopolitical and economic perfect storm. But at the moment, it isn't clear whether the deal is actually going through. Business Insider inquiries to the White House's National Security Council were directed to the Departments of...Salix results fall short of expectations despite big jump in revenue
News Observer - 7 Aug 2014 23:15With an assist from its acquisition of specialty drug company Santarus, Salix Pharmaceuticals posted a 62 percent jump in revenue that nonetheless fell short of Wall Street's expectations.
How Collaboration Is the New Competition
The Huffington Post - 7 Aug 2014 23:14There is this amazing women's movement in the works. I see it everywhere I go. From Silicon Valley to the board-rooms of corporate America, women are rising above the obstacles to success by creating... amazing communities. Communities where much-needed support and resources are available. Where competition has been replaced by collaboration. Women are finding that becoming a part of like-minded communities results in a whole new level of opportunities for career and life fulfillment. Stilettos on the Glass Ceiling (SOTCG) is one such community. Founded by women's empowerment advocate, Marney Reid, SOTCG was created to empower, support, and promote women. Marney stops by today to share how you can rise up the corporate ladder as an "intrapreneur" and why collaboration is the new competition....Judge Andrew Napolitano Finally Has Impeachment Fever
TPM - 7 Aug 2014 23:13Judge Andrew Napolitano, Fox News Channel's happy libertarian warrior, has finally caught the impeachment fever.
Flatiron School Opens Coding Curriculum For High School Students
Fast Company - 7 Aug 2014 23:11
The 12-week program will cost $2,500 in tuition. A player in the booming coding bootcamp market, Flatiron School in New York City announced Thursday it is opening up a program to teach high school... students coding skills over 12 weeks. Read Full StoryRECORD WITHDRAWALS FROM HIGH-YIELD BOND FUNDS
Business Insider - 7 Aug 2014 23:11
High yield bond funds have posted $7.1 billion in outflows according to Lipper data, the largest outflows on record. There's already been a huge rush of money from high-yield bond funds in recent... weeks, as the "reach for yield" trade that has dominated the market for years shows signs of unwinding. With concerns about the Fed perhaps warming up the first rate cut, the appeal of risky yield plays seems to be diminishing. Meanwhile, U.S. based money market funds attracted just $7.8 billion inflows, the first inflows in four weeks. This is all coming as talk ramps up that the Fed could raise rates sooner than expected as the economy shows signs of improvement. "Recent underperformance of US high yield credit has put back to the forefront of the market the vulnerability of this asset class...US High Yield Bond Funds See Shocking, Record $7.1B Cash Outflow
Forbes - 7 Aug 2014 23:09
Retail-cash outflows from high-yield funds ballooned to a shocking, record $7.07 billion in the week ended Aug. 6, with ETFs representing just 18% of the sum, or roughly $1.28 billion, according to... Lipper. The huge redemption blows out past the prior record outflow of $4.63 billion in June 2013.Thirsty For Investments In Water
Forbes - 7 Aug 2014 23:09Co-authored with Erico Matias Tavares*
Is Targeted Online Advertising Less Effective Than Believed?
The Huffington Post - 7 Aug 2014 23:08I was shocked the other day to pull up a website and see my own mug staring back at me in an ad gracing the side of the page. Sure, targeted advertising has been making big waves lately, but seeing my... own image in one was a first for me. What's the point? It's not as if seeing myself in an ad magically makes me want to grab my credit card and snatch up whatever it is my face is suddenly trying to sell me. Did I like the ad? No... just no. Sophisticated programs now tap our every online movement then make an instant call about what ad we will see next. If I go online to buy a pair of shoes, I will suddenly see shoes everywhere I go. But, hey, I already bought the shoes I found in my search. I don't need to see more of the exact same shoes. So how effective is that targeted advertising when...5 Things You Can Do Every Decade For a Bright Financial Future
The Huffington Post - 7 Aug 2014 23:07
We've come up with some of the most important things that will keep you on track for a bright fiscal future. In other words, these are tasks that will set you up to have a great 2014 straight through... to 2025. And since our readers are all unique and in different life stages, we took the theme of "years" to a whole new level: Here are the top five things you should do in each decade of your life, from your 20s to your 60s and beyond. 5 Things to Do in Your 20s ... 1. Build an Emergency Fund When you're young, saving up for a huge financial safety net can feel daunting, but emergencies, like job loss, can also be daunting. We recommend that you save at least six months' net income in a high-yield savings account that's reserved just for true emergencies. Once you've saved that amount, you're...Microsoft will kill support for IE 8, the world's most popular desktop browser, by 2016
Venture Beat - 7 Aug 2014 23:07
Hoping to prevent another IE6 catastrophe, Microsoft today announced plans to end support for all Internet Explorer browsers introduced before 2011. By January 12, 2016, Microsoft cautions that it... will only support the following browser-operating system combinations: Internet Explorer 9 on Windows Vista SP2 and Windows Server 2008 SP2 Internet Explorer 10 on Windows Server 2012 Internet Explorer 11 on Windows 7 SP1, Windows […]The Downside Of Up: How Rising Mortgage Rates Will Lead To Lower Sales
Forbes - 7 Aug 2014 23:07
For 30 years, falling mortgage interest rates have enabled homeowners to move into ever-larger homes on the promise of ever-cheaper financing. But that party is over, and the impact on existing home... sales could be significant.Stocks: Russell 2000 off 7.4% from record close
USA Today - 7 Aug 2014 23:06
Investors keep an eye on global tensions and reports of an improving U.S. economy. Tech Stocks: Tech sector ends day in the red
Market Watch - 7 Aug 2014 23:05Netflix a rare gainer as sector loses steam and decliners take over late.
Are U.S. Banks Too Big to Fail?
Boston - 7 Aug 2014 23:02Assistant Editorial Page Editor James Freeman on why regulators believe big banks are still too big to fail.
One Thing Is Constant in the Garden: Change
Wall Street Journal - 7 Aug 2014 23:02Drought, disease and insect pests can change how you yard looks from year to year. Here's how some expert gardeners contend with nature's fickle ways.
Google Algorithm Tweak Aims to Make the Web Safer
Fast Company - 7 Aug 2014 23:02
Google will favor encrypted websites in search results. Google announced Wednesday it will begin to favor encrypted websites in its search results to encourage increased security across the web.... Encryption can help keep user data safe from hackers. Read Full StoryRedheads Want to Sell You Stuff
The Huffington Post - 7 Aug 2014 23:01
Infographic American advertising on network television during prime time features an astonishing number of redheads. A new study finds that 30 percent of ads during peak TV viewing hours include... someone with red hair, even though the frequency at which natural redheads appear in the human population is generally estimated between 1-2 percent worldwide (2-6 percent in the U.S.). Eliminating ads in which no people were present, the percentage of ads with redheads rises to 33 percent. Upstream Analysis, a social and traditional media analysis firm, in collaboration with Critical Mention, a top provider of real-time TV monitoring and media intelligence, analyzed five evenings of prime time television (8:00-10:59 p.m.) on ABC, CBS, Fox and NBC over a period ranging from mid-April to late June....NewsWatch: As home-equity loans reset, these owners are most at risk
Market Watch - 7 Aug 2014 23:00Home-equity lines of credit, popular during the housing boom of the mid-2000s, are now a source of concern, as many of these loans are due to reset to higher payments in the next few years.
Why CBS (CBS) Stock Is Lower In After-Hours Trading Today
The Street - 7 Aug 2014 22:59NEW YORK (TheStreet) -- Shares of CBS Corp. are down -1.07% to $56.29 in after-hours trading today as the media company reported its second quarter earnings, and included announcements to increase... its repurchase program as well as its quarterly dividend.For the second quarter, CBS reported a profit of $439 million, or 76 cents per share, down from $472 million one year ago, but beating analysts' estimates of 72 cents per share.Excluding items, earnings from continuing operations was 78 cents per share, up from 75 cents per share in the same quarter of 2013. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Revenue for the quarter was down -14% to $3.19...
Megabus launches trips from Hollywood
Miami Herald - 7 Aug 2014 22:58Budget bus company Megabus started new service Thursday between Hollywood and Tampa and Orlando.
Data show NC consumers coming back to stores
News Observer - 7 Aug 2014 22:57North Carolina's consumers notched one of the country's highest jumps in spending in 2012 after the recession blues, according a new report the government issued Thursday.
After Hours: Zynga slumps on wider loss, weak outlook
Market Watch - 7 Aug 2014 22:56Zynga sinks in Thursday's extended trading after the social gaming company said its quarterly loss widened and projected a weak outlook for the third quarter.
Hipster Bistro Enrages Brooklyn Neighbors With Joke About Racist Police Tactic
The Huffington Post - 7 Aug 2014 22:55
NEW YORK -- A posh Brooklyn eatery apologized on Thursday for a sign poking fun at the New York City Police Department's controversial stop-and-frisk policy. Chop Chop Grub Shop, a bistro located in... the quickly gentrifying neighborhood of Crown Heights, faced near-immediate scorn online this week after a local passerby posted a photo of the sign. The sign read in part: "STOP AND FRISK your APPETITE!" The NYPD's "stop, question and frisk" program allows officers to stop city residents and frisk them to check for drugs or weapons. Mayor Bill de Blasio has promised to reform the program, which disproportionately targets minorities. The fold-out blackboard, with letters scrolled in neon chalk, appeared on the sidewalk outside Chop Chop, which opened in January and serves $24 ribeye steaks and...Rand Paul: GOP Can't 'Completely Flip' On Gay Marriage
TPM - 7 Aug 2014 22:55Sen. Rand Paul (R-KY) said in an interview with The New York Times published Thursday that the Republican party cannot "completely flip" on social issues like gay marriage, but it can learn to embrace... a "bigger tent" of ideas.
It Looks Like Samsung Is Going To Make The New Barnes & Noble Nook
Business Insider - 7 Aug 2014 22:54
Samsung is holding a press event with Barnes & Noble later this month, presumably to show off their first co-created tablet. The companies haven't revealed any details about what the event will... entail, other then that it takes place on August 20 at Barnes & Nobles' Union Square location in New York. In early June, Samsung and Barnes & Noble announced that they would be teaming up to create the Samsung Galaxy Tab 4 Nook, so that's probably what we're going to see. Samsung is creating the actual hardware for the tablet, while Barnes & Noble is supplying its own Nook proprietary software. This announcement came months after the book retailer said it would no longer manufacture its own Nook tablets in February 2014. Barnes & Noble hasn't unveiled a new tablet since the Nook HD and Nook HD+...Transit Connect Is Big Success For Ford, Though Mainly Unsung
Forbes - 7 Aug 2014 22:54
Ford keeps trying for game changers. EcoBoost engines were one; maybe the aluminum-bodied F-150 will become another. But one of Ford's least-appreciated recent successes is the Transit Connect line of... vans and wagons.Know this before you buy a used car
USA Today - 7 Aug 2014 22:53
Cars.com experts tell you what you need to look for, and ask, before you buy a used car. Africa's Richest Man Aliko Dangote Partners Blackstone, Carlyle In $5 billion Energy Deal
Forbes - 7 Aug 2014 22:53
Two of America's largest private equity firms- Blackstone and Carlyle, are teaming up with West Africa's largest industrial conglomerate, Dangote Industries, to invest in Africa.How Will News Corp (NWSA) Stock React To Its Earnings Report?
The Street - 7 Aug 2014 22:53NEW YORK (TheStreet) -- News Corp , publisher of the Wall Street Journal, reported fourth quarter net income of $12.1 million, or 1 cent per diluted share on an adjusted basis, 2 cent short of... analysts expectations for the quarter.Revenue for the quarter fell to $2.19 billion from $2.26 billion last year.The loss in revenue was attributed to a decline in subscriptions and weak advertising revenue for the publishing company which spun off its entertainment and cable divisions, which included 20th Century Fox and FX. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.NWSA data by YChartsSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of...
Yahoo to roll out end-to-end encryption option for all Yahoo Mail users in 2015
Washington Post - 7 Aug 2014 22:51Yahoo will be rolling out end-to-end encryption capabilities for all Yahoo Mail users in 2015, the company's chief information security officer, Alex Stamos, announced during a talk at the Black Hat... USA conference in Las Vegas Thursday.
CHART OF THE DAY: Netflix Is Finally Becoming HBO, Like It Said It Would (NFLX)
Business Insider - 7 Aug 2014 22:50
Last January, Netflix's chief content officer Ted Sarandos said the company's "goal is to become HBO faster than HBO can become us." Well, mission accomplished. According to the latest data provided... by the company, which was charted for us by Statista, Netflix has finally passed HBO in subscriber revenue ($1.146 billion vs. $1.141 billion). Netflix says it has 48 million total paid subscribers, with the vast majority of those customers -- 35.1 million, to be exact -- in the U.S. HBO actually has more paid subscribers than Netflix with 127 million worldwide, but that figure also includes various channels owned by the company, including HBO 2, HBO Family, and Cinemax. SEE ALSO: CHART OF THE DAY: The Worst Company Data Breaches Ever Join the conversation about this story »Paychecks And Purpose: Meaningful Jobs That Pay Well
Forbes - 7 Aug 2014 22:50
An increasing number of professionals want jobs that bring in a serious paycheck while and make a positive difference. Here are some of the professions that provide both.Berkshire's Quarterly Report: An Exercise In Obfuscation
Forbes - 7 Aug 2014 22:49Warren Buffett talks the talk with a great sense of metaphorical reach, but his quarterly 10-Q is an exercise in obfuscation. The report’s type size is miniscule with fat, parallel horizontal blue... bars streaking across the page. Enough to make you dizzy. I counted 30 blue streaks on one page.
Malware is now officially in the arsenal of 30 police departments worldwide
Venture Beat - 7 Aug 2014 22:47
Cops from 30 countries are now using malware as part of criminal investigations.GOP Senator Demands Democrat Pull Ad That Shows Them Smiling Together
TPM - 7 Aug 2014 22:47Sen. Lisa Murkowski (R-AK) wants her Democratic Senate colleague Mark Begich (D-AK) to withdraw a television ad that shows the pair smiling together and talks up their aligned voting records, The Hill... reported Thursday. But Begich won't do it, according to MSNBC's Kasie Hunt. According to The Hill, Murkowski's lawyers sent a cease-and-desist letter Thursday to Begich, demanding the ad be taken down. The ad, called "Great Team," shows an image of Begich and Murkowski smiling side by side, and the narrator says that the two vote together "as much as 80 percent of the time."
Strategies to Connect Your Way Into Ultimate Success
The Huffington Post - 7 Aug 2014 22:46
We are all social beings, no surprise there. In fact, it seems so obvious, we can easily take it for granted. Connecting is in our DNA. We are not meant to live our lives alone and in isolation. This... internal pull to connect with others has helped us to survive and thrive over the centuries. And now, according to the most current research, it can help us to succeed professionally too. Our innate ability to relate to each other, to talk and listen to one another is really the main essence of who we are. It's hardwired into our brains. Our capacity to connect and network with people creates a sense of well-being. We rely on others for all kinds of life transitions and lessons. We depend on the intimate people in our lives for emotional support, especially when the triggers of daily life seem...Wipeout
TPM - 7 Aug 2014 22:46By dropping out of the Montana Senate race, Sen. John Walsh brings a remarkable end to Democrats' carefully laid plans for holding what was Max Baucus' seat. In retrospect of course the plans for... pushing Walsh were doomed from the outset by his yet-to-be-discovered plagiarism in his masters thesis. And today's withdrawal just makes official what was already knew, that his candidacy was toast. But the machinations to try to preserve this as a Democratic seat were extensive, which makes Wash's collapse so much more dramatic. Remember that Baucus announced early last year that he would not seek re-election. By later making Baucus ambassador to China, President Obama enabled Montana's Democratic Gov. Steve Bullock to appoint Walsh, his lieutenant governor, as Baucus' successor months in...
Union pushes for better pay for service workers at Fort Lauderdale-Hollywood airport
Miami Herald - 7 Aug 2014 22:46Despite some improvements, service workers not protected under Broward’s ‘living wage’ law say they struggle to make ends meet.
DRUG FIRM TEKMIRA SAYS FDA MAY ALLOW USE OF EBOLA DRUG ON PATIENTS (TKMR)
Business Insider - 7 Aug 2014 22:46
Individuals infected with the Ebola virus might be able to get access to TKM-Ebola, a drug that's been held up in Phase I clinical trials by the FDA. Shares of Tekmira Pharmaceuticals, the company... behind the drug, were halted at around 4:00 p.m. ET. Here's what management is said in its 4:45 p.m. ET press release: "[Tekmira] today announced that the U.S. Food & Drug Administration (FDA) has verbally confirmed they have modified the full clinical hold placed on the TKM-Ebola Investigational New Drug Application (IND) to a partial clinical hold. This action enables the potential use of TKM-Ebola in individuals infected with Ebola virus." "We are pleased that the FDA has considered the risk-reward of TKM-Ebola for infected patients," said Tekmira CEO Mark Murray. "We have been closely...Small Businesses Can't Live Without Art. Here's Why
inc - 7 Aug 2014 22:45
The annual small business scorecard showed improved government spend on contracts. But the arts have a long way to go.Tips on Making Accountability Actionable
inc - 7 Aug 2014 22:45
If you would you rather fire someone than hold them responsible, these ideas are for youTech M&A, IPOs were up considerably in the second quarter
Venture Beat - 7 Aug 2014 22:43
Bubble alert! The software sector, which has traditionally been characterized by smaller deals, had the greatest aggregate deal value in the quarter.How the Dow Jones Industrial Average Did Thursday
ABC News - 7 Aug 2014 22:43How the Dow Jones industrial average and other major indexes fared on Thursday
FICO Recalibrates Its Credit Scores
Wall Street Journal - 7 Aug 2014 22:42The producer of the most widely used credit score in the U.S. on Thursday announced a major overhaul of its scoring model that could boost bank lending and lead to thousands of dollars in savings for... borrowers with debts that are in collection.
Why Gap (GPS) Stock Is Up in After-Hours Trading Today
The Street - 7 Aug 2014 22:42NEW YORK (TheStreet) -- Gap was gaining 4.9% to $42.18 after-hours Thursday after reporting better-than-expected July sales results and issuing a second-quarter guidance above expectations. The... retailer reported total sales of $1.17 billion for the month of July, a 5% increase from July 2013. Same-store sales increased 2% in the month, above the 0.1% analysts' expected according to Thomson Reuters. The higher same-store sales were driven by the Banana Republic which performed well in the month. Gap also said that it expects earnings of 68 cents to 69 cents a share for the second quarter, above analysts' estimates of 66 cents a share. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the...
Why Universal Display (OLED) Stock Is Up In After-Hours Trading Today
The Street - 7 Aug 2014 22:39NEW YORK (TheStreet) -- Shares of Universal Display Corp. are up 1.34% to $31.65 in after-hours trading on Thursday, after the company reported an increase in net income to $20.4 million, or 44 cents... per diluted share for the 2014 second quarter, compared to $15.4 million, or 33 cents per diluted share for the year ago quarter. The organic light emitting diode (OLED) research, development, and commercialization company said revenue grew to $64.1 million, from $49.4 million for the 2013 second quarter. The company said its second quarter profit was driven by the "continued broadening array of OLED consumer products such as smartphones, tablets, and [wearable devices], coupled with Universal Displays leadership in phosphorescent OLED materials and technologies." Must Read: Warren Buffett's...
Western farmers take hit from Russia food ban
News Observer - 7 Aug 2014 22:36Russian diners won't be able to find creamy Dutch cheeses or juicy Polish apples in the grocery store or cook up chicken from the United States -- the result of…
Why Ralph Lauren (RL) Stock Closed Up Today
The Street - 7 Aug 2014 22:35NEW YORK (TheStreet) -- Ralph Lauren shares closed up 0.79% to $158.12 on heavy volume trading after Credit Suisse upgraded its rating to "outperform" from "neutral," and Deutsche Bank... maintained its "buy"rating earlier today. Credit Suisse cited growth in sales and wholesale accounts in European markets, as well as improved inventory conditions. Deutsche Bank said a weaker-than-expected outlook for the fiscal second quarter, as well as sluggish wholesale trends, are outweighed by strong revenue and gross margins. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates RALPH LAUREN CORP as a Buy with a ratings score of B....
The CEO and the Waitress
The Huffington Post - 7 Aug 2014 22:34
"Can I ask you a favor?" said the waitress. The three CEOs glanced at the clocks on their smartphones, then at the tiny cafe, which was deserted at 6 a.m. "I just got a call from the day care center,... and my two-year-old is sick. I have to go. Would...?" The raised eyebrow of one CEO said it all. They had worked hard to carve 60 minutes out of their schedules to begin discussions on a merger. Now this. "I know it sounds weird, but if one of you would stay and cover for me, I'd really appreciate it. I'll lose my job otherwise." She sounded desperate. "The manager's on vacation, the morning rush starts in about 10 minutes and there's just me and the cook till lunch. If I leave now, we'd have to close." Two of the CEOs stood immediately. They both said they had meetings back to back that...Prices Of 2014 US Open Tickets Continues To Increase With Tournament Approaching
Forbes - 7 Aug 2014 22:33
Just under three weeks remain until the U.S. Open is held at the Billie Jean King National Tennis Center in Flushing, Queens. One of the most sought after tickets in all of professional tennis, the... U.S. Open serves as the final leg of the annual Grand Slam and this year’s tournament continues to dominate the secondary ticket market leading up to its August 25 opening date. With the likes of superstar players Rafael Nadal, who will look to defend his title from a year ago, along with Roger Federer and his Wimbledon Finals counterpart Novak Djokovic, there is little surprise there continues to be increased demand on the secondary market for U.S. Open tickets as the start of the tournament approaches.Why Nvidia (NVDA) Stock Is Gaining in After-Hours Trading Today
The Street - 7 Aug 2014 22:33NEW YORK (TheStreet) -- Nvidia was gaining 4.3% to $18.21 after-hours Thursday after beating analysts' estimates for earnings in the second quarter. The graphics card maker reported earnings of 22... cents a share, beating the Capital IQ Consensus Estimate of 20 cents a share by 2 cents. Revenue grew 12.6% year-over-year to $1.1 billion for the quarter, in line with analysts' estimates. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates NVIDIA CORP as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation: "We rate NVIDIA CORP (NVDA) a BUY. This is driven by some important positives,...
The Federal Reserve Is Telling Us The Economy Is Pitiful
The Huffington Post - 7 Aug 2014 22:31
Fewer than one-third of Americans report being better off financially than they were five years ago, with weak household savings and hefty debt burdens holding back large segments of the economy,... according to a new Federal Reserve survey. Just 30 percent of survey respondents described themselves as better off than they were in 2008, with 34 percent saying they were doing about the same and 34 percent saying they were worse off. The results of the nationwide survey, which the Fed conducted last September, highlight the degree to which Americans continue to fight financial headwinds several years after Wall Street excess drove the economy into the most punishing recession since the Great Depression. Although the national unemployment rate has been steadily declining since late 2009 amid...Why Copa Holdings (CPA) Stock Plummeted Today
The Street - 7 Aug 2014 22:27NEW YORK (TheStreet) -- Copa Holdings stock plummeted today after the Latin American airline company was downgraded by analysts following its poor guidance for the full year despite strong second... quarter earnings.Analysts responded negatively to Copa's earnings results this morning, and downgraded the company to "market perform" from "strong buy" at Raymond James , and to "equal weight" from "overweight" at Evercore Partners .In its full year outlook, Copa revised its operating margin guidance down to a range of 18% to 20% from its previous 19% to 21%, due to capacity reductions in Venezuela. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. For...
California leads states in consumer spending
L.A. Times - 7 Aug 2014 22:265 Things Nobody Tells You About Being an Entrepreneur
inc - 7 Aug 2014 22:24
Being an entrepreneur can be both an exciting adventure and challenging journey--these are the 5 things nobody tells you about being an entrepreneur.The Battle Of Online Vs. Land-Based Casinos
Forbes - 7 Aug 2014 22:23
Will online gambling take over as land-based casinos continue to close down? Early results from online casinos are coming in lower than expected.Foursquare tracks where you are even when the app is closed
Washington Post - 7 Aug 2014 22:22A woman uses her smartphone in Tokyo, Japan in this 2014 file photo. (Kiyoshi Ota/Bloomberg) The all-new version of Foursquare, announced Wednesday, "learns what you like, leads you to places you'll... love," and tracks your every movement even when the app is closed.
Google, Barnes & Noble target Amazon with new book service
Tech Times - 7 Aug 2014 22:22
Google and Barnes & Noble have joined forces to deliver books. They hope to give mutual rival Amazon a run for the money.Why SandRidge Energy (SD) Stock Tanked Today
The Street - 7 Aug 2014 22:22NEW YORK (TheStreet) -- SandRidge Energy shares closed trading down -9.9% to $5.19 on Thursday after analysts at Global Hunter Securities lowered the company's rating to "neutral" from "accumulate"... following its disappointing second quarter earnings results.The firm also lowered its price target to $7 from $8 after the company reported a 27% decline in quarterly revenue to $374.7 million, short of analysts expectations of $391.9 million. Earnings for the quarter were 6 cents per diluted share, 2 cents better than analysts expected. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates SANDRIDGE ENERGY INC as a Hold with a...
White House Gets In Tiff With Florida Over Obamacare Premium Increases
TPM - 7 Aug 2014 22:21The White House seemed none too pleased this week when the Florida insurance regulator announced that insurance premiums under Obamacare would go up an average of 13.2 percent in 2015. In fact, the... administration took the unusual step of releasing its own analysis and implied that the official figure from Florida could be "misleading." Because the two reports are looking at different metrics, they could both technically be true. And to be clear, both of the metrics look at premiums before any subsidies consumers may be eligible for are applied. The 13.2 percent number from the state regulator accounted for every kind of plan, from silver to gold to platinum. The administration, on the other hand, chose to focus on 'benchmark plans,' which reflected a decline in costs. The administration's...
Wonkblog: Almost 20 percent of people near retirement age have no retirement savings
Washington Post - 7 Aug 2014 22:21One in five people who are near retirement age have zero money saved. Yes, you read that correctly. The sobering statistic was one of many released by the Federal Reserve on Thursday as part of its... report on the economic well-being of U.S. households, which surveyed more than 4,100 people online last year between mid-September and early October.
Fed Survey: 25 Pct of Households 'Just Getting By'
ABC News - 7 Aug 2014 22:20Quarter of US households say they're 'just getting by,' Fed survey shows
Zynga Is Getting Destroyed After A Terrible Earnings Report (ZNGA)
Business Insider - 7 Aug 2014 22:18
Zynga is crashing after a bad earnings report. The stock has been on a wild ride after-hours. It dropped hard, then bounced back to be down 2%, then it fell more than 14%, and now it's down 7%. It... missed expectations and lowered its guidance. Revenue was $153 million, a 34% drop year-over-year, versus expectations of $191 million. It provided Q3 guidance of $160-$170 million, which is way below analyst expectations of $212.35 million. It also lowered full-year guidance. It says, "Bookings are projected to be in the range of $695 million to $725 million, compared to previous expectation between $770 million to $810 million." Zynga rose to prominence through Facebook gaming, but lost its edge when mobile gaming took off. CEO Don Mattrick took over a year ago. He's still knee deep in a...3 Design Lessons From Spotify's Chief Product Designer
inc - 7 Aug 2014 22:16
Tobias van Schneider loves stupid ideas. Why? They often lay the foundation for great businesses.Stock Market Today: S&P 500 Suffers Another Setback
The Street - 7 Aug 2014 22:16NEW YORK (TheStreet) -- The day started off with strong employment indicators getting overshadowed by a Russian strike against Western sanctions. That set the tone for a choppy trading session... Thursday. The S&P 500 suffered a setback of about 4% from its recent high. A 5% correction would then take the index down about another 16 points to 1,893. The S&P 500 gave up 0.56% to 1,909.57. The Dow Jones Industrial Average was down 0.46% to 16,368.27. The Nasdaq fell 0.46% to 4,334.97. The vast majority of broad market sectors were weak. Down over 1%, health care was the biggest loser, followed by consumer discretionary, basic materials, and energy.
Soaked for charity: Ice bucket challenges get cool
News Observer - 7 Aug 2014 22:16The idea is simple: Take a bucket of ice water, dump it over your head, record it and post the video on social media.
Donald Trump Has A Huge Factual Error In His Tom Cotton Endorsement
TPM - 7 Aug 2014 22:16Donald Trump thinks that Rep. Tom Cotton (R-AR) was a Rhodes Scholar. Donald Trump is wrong.
WordPress & Drupal team up to save your website from going down
Venture Beat - 7 Aug 2014 22:15
The patch fixes a vulnerability to denial of service attacks, which means you should update your site -- NOWSympathy For The Doctor
Forbes - 7 Aug 2014 22:15
Physicians' time is one of the most precious commodities in health care.Argentine bonds and stocks firm on possible deal to cure default
Reuters - 7 Aug 2014 22:14BUENOS AIRES
Stocks drop: Dow hits lowest level since May 20
USA Today - 7 Aug 2014 22:14
Investors keep an eye on global tensions and reports of an improving U.S. economy. Own Your Purpose
The Huffington Post - 7 Aug 2014 22:12
A recent survey by Towers Watson indicates that nearly two-thirds of U.S. employees feel disengaged from their work. Why? Many thinkers, ourselves included, have probed this question. In his Forbes... article "(Almost) Everything We Think About Employee Engagement is Wrong," Dov Seidman turns to a more expansive statistical analysis based on observations of more than two million workplaces. His conclusion: "The source of engagement has... everything to do with the extent to which trust, values and mission actually inspire and drive daily activities and interactions." Our conclusion: Own your purpose. To engage successfully in a single project or your role overall at an organization is to know your purpose, and to own it. Identifying and embodying your unique set of values is necessary for...5-Minute Tricks For A Happier Workday
Business Insider - 7 Aug 2014 22:12
We all get stressed at the office; it's part of the reason that 63% of people report that they're unhappy at work. But there's hope, according to the research. After conducting a study revealing how... stressed college students are, University of Cincinnati professor Keith King made a few recommendations for dealing with the trials of a tough day. Let's expand on a few we like: Stop, pause, and breathe. "In the moment when you're stressed, you need to slow down, you pause, you take some deep breaths," King says. "Maybe you count backwards from 10. Those types of things calm everything down." While just breathing seems like the simplest thing in the world, research shows it's a way to get a handle on unruly emotions -- so much so that Google is teaching its employees how to do so. So if...This Woman Instagrams Objects In Flight -- And It's Completely Mesmerizing
Business Insider - 7 Aug 2014 22:12
Manon Wethly doesn't cry over spilled milk. Or wine. Or juice. Or paint. Spilling stuff is actually kind of her thing. Wethly, a designer who lives in Hasselt, Belgium, is Instagram-famous for her... feed of "#flyingstuff" photos, where she snaps shots of random liquids or objects that she tosses high into the air. The results are mesmerizing. Manon told Business Insider that it all started back in 2011 when she randomly decided to throw her Puma sneakers and take a photo with her iPhone. At the time, the photo got 32 likes -- more than she'd ever had before -- so she kept taking more flying stuff photos. Today, an average flying stuff shot gets thousands of likes, and she was recently featured on Instagram's blog. (You can check out her website here.) SEE ALSO: A 13-Year-Old Google...Why Zynga (ZNGA) Stock Is Down in After-Hours Trading Today
The Street - 7 Aug 2014 22:12NEW YORK (TheStreet) -- Zynga was falling 11.3% to $2.59 after-hours Thursday after missing analysts' estimates for revenue in the second quarter. For the second quarter Zynga broke even on earnings,... meeting analysts' expectations. Revenue fell 33.6% to $153.2 million for the quarter. Analysts surveyed by Thomson Reuters expected revenue of $191.2 million for the quarter. Zynag said it had 29 million daily active users in the second quarter, down from 39 million in the year-ago quarter. Montly active users fell to 130 million from 187 million in the second quarter of 2013. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates ZYNGA...
Stocks Turn Negative on Ukraine Concerns
NBC News - 7 Aug 2014 22:08Stocks dropped, pushing the Dow further into the red for the year, as Wall Street echoed the European sell-off amid unease over the crisis in Ukraine.
Why Jim Cramer Prefers Stratasys (SSYS) Stock to 3D Systems (DDD)
The Street - 7 Aug 2014 22:08NEW YORK (TheStreet) -- TheStreet's Jim Cramer says he prefers Stratasys to 3D Systems in the 3-D space. Cramer says he has been reviled for not liking 3-D manufacturing, but he clarifies that... he does not like 3D Systems. He does, however, like Stratasys because it is a manufacturing company that does 3-D work and because it just bought MakerBot, a Brooklyn-based company that provides a consumer 3-D play. Cramer notes Stratasys had a spectacular quarter with increased revenue guidance, while 3D Systems' quarter was not as strong. Cramer says Stratasys is the 3-D story if investors want to play it and believes the stock could rise another 10% with no issue. Must Watch: Jim Cramer: Stratasys is the way to Play 3-D Printing, 3D Systems Isn't STOCKS TO BUY: TheStreet Quant Ratings has...
Here's Where to Find the Fastest Public Wi-Fi in the U.S.
Time - 7 Aug 2014 22:06
Many national restaurant chains and stores have free wi-fi. But where should you turn for the fastest service of all?UnitedHealth drops after Goldman loses conviction
Market Watch - 7 Aug 2014 22:05UnitedHealth shares suffer the biggest losses among Dow industrials components, after a Goldman Sachs analyst takes them off Goldman's conviction list, and cuts the price target.
Investors Need To Avoid These Six Mistakes When Rebalancing Their Portfolios
Business Insider - 7 Aug 2014 22:05
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Avoid These Six Mistakes When Rebalancing Your Portfolio (Morningstar) As... the time approaches to check up on your portfolio and make adjustments, there are several common mistakes you should be wary of, according to Morningstar's Christine Benz. "For example, a portfolio that was 50% stocks and 50% bonds coming into 2009 would have been nearly 60% stocks by the end of 2012," Benz writes. "If the target allocation were 50/50, many experts would have recommended trimming at that point; after all, the portfolio's asset allocation had veered by nearly 10 percentage points from its target. But rebalancing at that point would have hindered, not helped, the portfolio's...Here's The Difference Between Working At Facebook, Google, And Microsoft -- According To Someone Who Has Worked At All Three
Business Insider - 7 Aug 2014 22:05
Dima Korolev has worked at some of the biggest technology companies in the world, including Google, Microsoft, and Facebook. Now he's moved on to startups. He's lived all around the world, from Moscow... to Zurich and from New York to Seattle. And he's witnessed some striking differences and similarities in all of his stops along the way. Starting in 2007, Korolev spent a couple of years at Google working on search quality and Gmail reliability. He then moved on Microsoft, where he continued to work on search quality -- just for Bing, as well as airfare prediction. Within a year he decided to shift to Facebook, participated in the company's BootCamp, and worked in spam for a a bit before deciding large corporations were a thing of the past and moving on to the startup world. After a stint...Grain Lower, Beef and Pork Lower
ABC News - 7 Aug 2014 22:04Wheat, corn, oats and soybeans lower on the CBOT; beef and pork lower on the CME.
Fannie, Freddie to pay $5.6B dividends to U.S.
USA Today - 7 Aug 2014 22:04
Mortgage-finance giants' income declines on slower gains in home prices. Sen. John Walsh Drops Out Of Senate Race
TPM - 7 Aug 2014 22:03Sen. John Walsh (D-MT) has decided to drop out of the race for U.S. Senate, he announced on Thursday.
Zynga misses Wall Street expectations, but it invests in NFL and Tiger Woods games for the 'long term'
Venture Beat - 7 Aug 2014 22:00
A year into his tenure, CEO Don Mattrick is having a hard time growing revenues, but he remains an optimist about investing in social mobile games.Google releases Google Fit SDK so devs can build health apps
Venture Beat - 7 Aug 2014 22:00
Developers will be able to launch their Google Fit apps when Google launches the full Google Fit SDK. Are they trying to tell us something? Should we be offended?One Of The Key Guys From Flickr Has Made A Photo App That's Even Better
Business Insider - 7 Aug 2014 22:00
EyeEm is a photo-sharing app that already has 10 million users, but iPhone and iPad app has been redesigned with a clean interface and a new one-touch zoom feature to explore photographs in all their... glory. "We thought a lot about the first impression," Markus Spiering, EyeEm's chief product officer and general manager who is also Flickr's former head of product, told Business Insider. "With a photograph app, it should focus on photography -- big bold images. But it should also find the right balance between images and the conversations." At its most basic, EyeEm's visual overhaul and stark black background gets rid of distractions and keeps things centered on exploring the detail within photographs. The new one-touch zoom feature seamlessly loads a full-resolution photo, and it means...STOCKS FALL: Here's What You Need To Know (DIA, SPY, SPX, QQQ, TSN, PPC)
Business Insider - 7 Aug 2014 22:00
Stocks continue to have a rough month. And the July 24 high of 1,991 continues to drift away. First, the scoreboard: Dow: 16,367.6, -75.0, (-0.4%) S&P 500: 1,909.5, -10.6, (-0.5%) Nasdaq: 4,334.9,... -20.0, (-0.4%) And now, the top stories on Wednesday Russia retaliated against western economic sanctions with sanctions of its own. Prime Minister Dmitry Medvedev unveiled a ban on food imports from the U.S., the European Union, Canada, Australia, and Norway. This includes imports of beef, pork, fruit, vegetable, dairy, cheese, and fish. This is somewhat problematic for Russia, as it is the fifth-largest importer of food in the world. "There is nothing good in sanctions, and it wasn't an easy decision to take, but we had to do it," Medvedev said. U.S. companies probably won't get off unscathed....Avoiding The Digital Dustbin: 4 Ways Collaborative Workspace Drives Innovation
Forbes - 7 Aug 2014 21:59
Collaborative workspace has become a crucial spur for innovative thinking and competitive agility. Research from Steelcase confirms 4 innovation drivers that can prevent your company from landing in... the digital dustbin.US Weighs Airstrikes, Humanitarian Aid In Iraq
TPM - 7 Aug 2014 21:56WASHINGTON (AP) -- The White House is weighing direct military strikes to stem an Islamic militant group's gains in Iraq, as well as humanitarian relief for thousands of displaced religious minorities... in the country's north, according to U.S. defense officials and others familiar with the administration's thinking.
Gold Ends Higher on More Safe-Haven Demand and Short Covering
Forbes - 7 Aug 2014 21:56(Kitco News) - Gold prices started the day under mild selling pressure Thursday, but more safe-haven demand and short covering kicked in during the session to push prices modestly higher on the day.... As the trading day progressed Thursday, investor risk appetite appeared to shrink, to the benefit of gold. December Comex gold was last up $4.10 at $1,310.80 an ounce. Spot gold was last quoted up $4.80 at $1,311.25. December Comex silver last traded down $0.068 at $20.025 an ounce.
Blast-Faxing Case Costs MetLife $23 Million
Wall Street Journal - 7 Aug 2014 21:53MetLife Inc. has agreed to pay $23 million to resolve class-action litigation that accused an agent of the firm of improperly blasting life-insurance pitches via fax machine.
11 Companies That Shaped The Modern World
Business Insider - 7 Aug 2014 21:53
Capitalism's only existed for 500 years or so. In that time, some businesses have shaped human society more than others, whether by subjugating continents and controlling commodities or giving us... microwaves and cheeseburgers. Here are a few of the ones that have shaped our modern world. 1600: The British East India Company ruled much of the globe. At one point in history, the British East India company accounted for half the world's trade, mostly through dominating the spice trade. Other items on the state-sanctioned company's resume: It began the British domination of India and started the Opium Wars in China. The results were truly historic, Asia Times reports: In 1700, India and China accounted for 47% of world gross domestic product while Western Europe's share was a mere 26%....One Reason SeaWorld (SEAS) Stock Is Tanking Today
The Street - 7 Aug 2014 21:53NEW YORK (TheStreet) -- Shares of SeaWorld Entertainment Inc. are lower by -2.19% to $26.83 on heavy trading volume on Thursday afternoon. One possible factor contributing to the marine mammal... entertainment company's stock slump is the recent termination of a 25 year partnership between SeaWorld and Southwest Airlines . The airline said it terminated its partnership with SeaWorld as a results of "shifting priorities" on the part of both companies, Bloomberg reported. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. However, others would like to believe that Southwest bowed to the pressure from a Change.org petition signed by 30,000 people demanding the...
Elk-kill proposal advances in Montana
Miami Herald - 7 Aug 2014 21:51State wildlife officials gave initial approval Thursday to a plan to issue elk-kill permits to landowners in parts of southern Montana as part of an effort to reduce the spread of disease to cattle.
Why Orbitz Worldwide (OWW) Stock Is Falling Today
The Street - 7 Aug 2014 21:51NEW YORK (TheStreet) -- Orbitz Worldwide shares down -1.2% to $8.95 on Thursday after reporting third quarter net income of $6.9 million, or 6 cents per diluted share, 9 cents short of analysts... expectations for the quarter.Despite the disappointing earnings results, the company reported a 5% jump in flight bookings revenue and a 12% rise in vacation packages revenue.The global online travel company announced fourth quarter revenue guidance between $249 million and $254 million, ahead of analysts expectations of $242.4 billion. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates ORBITZ WORLDWIDE INC as a Hold with a ratings...
Education Department To Ease College Loan Rules
The Huffington Post - 7 Aug 2014 21:50
WASHINGTON (AP) -- The Department of Education said Thursday it will try to make it easier for students and parents with troubled credit histories to get college loans. New rules would ease... restrictions on college students seeking loans from the government's direct loan program. The change would let people get loans more easily even if they have up to $2,085 in debt that is in collections or has been written off by creditors, and it would shorten the length of time their history of such bad debt is scrutinized from five years to two. Currently, students with that much "adverse debt" are automatically denied, though they can appeal and get loans if they demonstrate extenuating circumstances. Such borrowers may be required to have loan counseling. The five-year "lookback" would continue to...Why Incontact (SAAS) Stock Is Surging Today
The Street - 7 Aug 2014 21:47NEW YORK (TheStreet) -- Incontact surged Thursday after the company reported second-quarter earnings that beat analysts' expectations. The company, which provides customer call-center technology,... reached a net profit of $4.5 million, or 7 cents a share, up from a loss of $1.8 million, or 3 cents a share, in the same period one year earlier. Revenue increased 32% year-over-year to $41.1 million from $31.1 million. Analysts expected a loss of 9 cents a share on revenue of $43 million. Two analysts also upgraded the company in the wake of the results. Benchmark upgraded the stock to "buy" from "hold" and Oppenheimer upgraded it to "outperform" from "market perform." Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks...
Conservatives Are Adding 'Benghazi' To Their Names On Facebook
Business Insider - 7 Aug 2014 21:46
It's becoming increasingly common for conservative Facebook users to incorporate the word "Benghazi" into their names on the site. The Huffington Post documented the growing trend Wednesday. Multiple... Facebookers who added "Benghazi" to their names told Business Insider they hope to remind their friends and followers of their outrage over the Obama administration's handling of the September 11, 2012 terrorist attack in Benghazi, Libya. Four Americans were killed in that attack. Martin 'Benghazi' Vasquez of El Monte, Calif., said he believes the administration's shifting explanations about the attack were "a deliberate move to confuse the public" and that President Barack Obama is "intentionally trying to destroy this nation." Vasquez also said he's noticed conservatives adding other...For teens, Katy Perry & Leonardo DiCaprio aren't as cool as YouTube celebrities
Venture Beat - 7 Aug 2014 21:44
Heartthrob Leonardo DiCaprio was less appealing than quirky YouTube personality Jenna Marbles, and Hunger Games sweetheart Jennifer Lawrence got outranked by Swedish video gamer reviewer PewDiePie.The Guy Who's Trying To Build The Next Microsoft Wrote This Epic Resignation Letter When He Left Yahoo
Business Insider - 7 Aug 2014 21:44
Wired Magazine's Mat Honan wrote an excellent profile on Stewart Butterfield, the founder of Slack, on Thursday. In case you haven't heard of Slack, it's one of the fastest-growing enterprise apps... these days. It's basically a "group chat on steroids," with advanced search and file-sharing functionalities. According to the profile, Slack has grown 5% to 10% every week since its launch in February. That translates to roughly 120,000 daily users and 2,000 paying organizations for the full service. It's growing so fast that it's adding $1 million to its annual billing projections every six weeks, the article says. Because of its explosive growth, investors are now literally knocking on its door. Around five to 10 investors call Butterfield each week to see if they could invest in Slack, and...A Private Equity Employee Is Suing Ex-'American Gladiators' Star For Hitting Her With His Bike In Central Park
Business Insider - 7 Aug 2014 21:44
Angela Coppa, an accountant at private equity firm Cerberus Capital, is suing former "American Gladiators" TV star Scott Berlinger for allegedly hitting her with his bicycle two years ago, the New... York Post reports. The alleged incident happened while Coppa was running the Central Park loop around 6:30. a.m. on July 30, 2012, the report said. She alleges that Berlinger was riding "in reckless disregard for the safety and welfare of others" and that she was injured after he hit her, the report said citing court documents. Berlinger, 47, is the president/co-founder of Full Throttle Endurance Racing-a triathlon training team at Chelsea Piers. During the 90s, he was on the competition game show "American Gladiators" where he was known as "Viper." He has competed in a number of triathlons...Hannity Apparently Upset Colbert Suggested 5-Year-Old Replace Him
TPM - 7 Aug 2014 21:42Stephen Colbert on Wednesday lauded the star of this week's viral video, in which an adorable 5-year-old child "apparently" makes his first live television appearance. But in doing so, Colbert deeply... offended Fox News' Sean Hannity.
Shares In One Of America's Largest Solar Operators Are Surging (SUNE, SCTY)
Business Insider - 7 Aug 2014 21:42
Shares in SunEdison, one of America's largest solar panel systems operators, were up as much as 12% today after reporting an unexpected quarterly profit Thursday. The Missouri-based company also said... its project pipeline increased 19%. They recently announced the acquisition of the largest solar plant in Colorado. The firm posted adjusted Q2 profits of $33.7 million, or 12 cents a share for the quarter ended against an expected loss of 26 cents according to a Bloomberg survey. Bloomberg's Chris Martin points out SunEdison is the best-performing solar stock of 2014, having climbed nearly 40%. SolarCity, which reports after the bell Thursday, were up about 4% heading into the close. Join the conversation about this story »Slews of Russians Stranded as Travel Firms Go Bust
NBC News - 7 Aug 2014 21:40
Russian tourists are left without return tickets after their tour companies went under.Twitter's ad campaign tools get a major update
Venture Beat - 7 Aug 2014 21:40
Twitter revealed several new ad tools today that give marketers better control over their campaign objectives.Futures Movers: Oil futures rise 0.4% from six-month low
Market Watch - 7 Aug 2014 21:39Oil futures snap two-session losing streak.
StockTwits snags ex-Yahoo CEO Ross Levinsohn for board
New York Post - 7 Aug 2014 21:38
StockTwits, an Internet upstart devoted to stock market junkies, has landed former Yahoo! CEO Ross Levinsohn for its board of directors. StockTwits is run by CEO John Melloy, a former...A history of malware in 30 minutes by Mikko Hypponen
Venture Beat - 7 Aug 2014 21:37
A history of malware in 30 minutes or less by Mikko HypponenTop 10 Favorites To Make College Football Playoff According To Ticket Market
Forbes - 7 Aug 2014 21:33
With the start of each new college football season, excitement spreads all across the country. There’s added excitement this season because of the start of the College Football Playoffs system.... Instead of the top computer ranked teams getting into the national championship, the top four teams, selected by a panel, will play in a playoff with the winners facing off in the College Football Playoff National Championship game.TotalBank responds to computer security breach
Miami Herald - 7 Aug 2014 21:32A cyber security breach has struck close to home, at Miami-based TotalBank, which has told customers that it detected that “an unauthorized third party” gained access to its computer network.
White Homeowner Found Guilty In Killing Of Unarmed Black Woman In Detroit
TPM - 7 Aug 2014 21:31DETROIT (AP) -- A jury convicted a suburban Detroit homeowner of second-degree murder and manslaughteron Thursday in the killing of a drunk, unarmed woman on his porch last year, rejecting his claim... that he wasafraid for his life and had acted in self-defense.
Report: DA Says McDaniel Camp Talked With Conspirators About Anti-Cochran Video
TPM - 7 Aug 2014 21:31The prosecutor handling the Cochran nursing home case suggested there was communication between one of the defendants and the campaign for state Sen. Chris McDaniel (R) around the time the video of... Cochran's bedridden wife was posted to to the Internet. But the prosecutor, Madison County District Attorney Michael Guest, did not elaborate on the nature or exact timing of the communications, and it's not clear yet whether this means the McDaniel camp is implicated in the scandal at some deeper level.
Credit Card Offers From Retailers Are No Bargain
IBTimes - 7 Aug 2014 21:31We all know the drill: you're at the store, ready to pay for your purchases when the associate at the register makes a tempting offer: would you like to open a store credit card right now, and get a... discount on what you're about to buy? Depending on your payment habits, your decision in that moment could wind up costing you hundreds of dollars in interest payments, judging from data in a new CreditCards.com survey.
China Cracks Down On Messaging Apps, Blames Terrorism
Fast Company - 7 Aug 2014 21:30
China says people are using mobile apps to share information on making bombs. China blocked some messaging apps and implemented new, tough restrictions on other instant messaging services Thursday.... According to Reuters, China told the South Korean ministry it blocked KakaoTalk and Line because terrorists were using them to transmit information on building bombs. Line has 420 million users worldwide and KakaoTalk has 150 million, but data on how many users are in China is unavailable. Read Full StoryEx-Postmaster: USPS Should Not 'Prostitute' Itself With Harry Potter Stamps
TPM - 7 Aug 2014 21:30Former Postmaster General Benjamin F. Bailar recently resigned from the secretive Citizen's Advisory Stamp Committee because he believes the U.S. Postal Service should not "prostitute" itself by... featuring stamps with pop culture subjects like Harry Potter.
Five Small Businesses That Prove Britain Needs Migrant Entrepreneurs
Forbes - 7 Aug 2014 21:29Britain's Government continues to talk tough on immigration, but the record of migrants who have come to the UK and launched businesses is impressive
Dallas Cowboys Tickets Up 12% On Secondary Market Over Last Year's Prices
Forbes - 7 Aug 2014 21:25
Finishing three consecutive seasons with an 8-8 record is statistically impressive. Granted, it’s not the type of statistically impressive the Dallas Cowboys have been hoping for. In the history of... the NFL, only two other teams have been 8-8 for three straight seasons. The Green Bay Packers did it from 1983-85 and the Tennessee Titans did it from 1996-98. In the fourth season the Packers finished 4-12, but the Titans finished 13-3. If the inclusion of tickets to a potential NFC Championship Game along with regular season Dallas Cowboys tickets that were mailed out to season ticket holders is any indication, it’s easy to tell which side of the spectrum Cowboys management is expecting.Why Wells Fargo (WFC) Stock Is A 'Buy' At TheStreet
The Street - 7 Aug 2014 21:24NEW YORK (TheStreet) -- TheStreet Ratings team rates Wells Fargo & Co. as a "buy" with a ratings score of A. Shares of Wells Fargo are down -0.86% to $49.63 on Thursday afternoon. TheStreet... Ratings Team has this to say about their recommendation: Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. "We rate WELLS FARGO & CO (WFC) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, growth in earnings per share and expanding profit margins....
IBM Develops New Computer Chip Designed to Work Like the Brain
The New York Times - 7 Aug 2014 21:20
The processor, named TrueNorth, may eventually excel at calculations that stump today's supercomputers.Why Coupons.com (COUP) Stock Is Down Today
The Street - 7 Aug 2014 21:20NEW YORK (TheStreet) -- Coupons.com was falling -23.1% to $14.99 Thursday after missing analysts' estimates for earnings in the second quarter and issuing a light guidance for the year. For the... second quarter Coupons.com reported a loss of -9 cents a share, missing the Capital IQ Consensus Estimate of a loss of -3 cents a share by 6 cents. Revenue grew 32.3% from the year-ago quarter to $57.1 million, compared to analysts' estimates of $57.64 million. The company said transactions grew 22% year-over-year to 383.7 million in the second quarter, but fell -6% from the previous quarter. Coupons.com expects revenue of $217 million to $223 million for the full year 2014, compared to analysts' estimates of $222 million for the year. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY:...
Why Mylan (MYL) Stock Is Dropping Today
The Street - 7 Aug 2014 21:20NEW YORK (TheStreet) -- Mylan shares are down -2.1% to $46.93 on Thursday after the company lowered the top line of its full year earnings guidance to $3.45 from $3.60, while also lowering its top... line full year revenue guidance to $8 billion from $8.2 billion.The pharmaceutical company reported second quarter earnings of 69 cents per diluted share, 3 cents short of analysts expectations, on revenue of $1.84 billion that fell short of the $1.9 billion analysts were expecting. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates MYLAN INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their...
How Will Vivendi (VIVHY) Stock React To Possible Alliance With Telecom Italia (TI)?
The Street - 7 Aug 2014 21:16NEW YORK (TheStreet) -- Vivendi was approached by Telecom Italia to form an alliance that could lead to the French media company acquiring a significant stake in Italy's largest phone... carrier, Bloomberg reports.Telecom Italia CEO Marco Patuano and Vivendi Chairman Vincent Bollore have met about the potential alliance, said sources, Bloomberg noted.The two companies were already in talks to tie-up before the announcement that Telefonica offered to buy Vivendi's GVT unit for $9 billion earlier this week. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.Shares of Vivendi are down -1.02% to $25.78. Shares of Telecom Italia are down -0.47% to...
Video: Khmer Rouge Leaders Sentenced to Life
Forbes - 7 Aug 2014 21:16A UN-backed tribunal sentenced two former Khmer Rouge leaders to life in prison. Both were found guilty of crimes against humanity for their involvement in "Killing Fields". About 1.7 million... Cambodians died between 1975 and 79. In Thailand, military government is going to ban commercial surrogacy, a draft announced by
AMC Networks 2Q profit falls 57 percent
Miami Herald - 7 Aug 2014 21:16AMC Networks Inc. on Thursday reported earnings that decreased by 57 percent in its second quarter, but beat analysts' expectations.
Nevada consumer spending rises but far below norm
Miami Herald - 7 Aug 2014 21:16Consumer spending in Nevada rose to its highest level in five years in 2012 but continued to lag far behind the national average, according to a new report showing a wide discrepancy in economic... recovery from the recession across the country.
US consumer credit increases at slower pace June
Miami Herald - 7 Aug 2014 21:12
U.S. consumers expanded their borrowing at a slower rate in June compared to the prior month.Why Springleaf Holdings (LEAF) Stock Is Surging
The Street - 7 Aug 2014 21:11NEW YORK (TheStreet) -- Shares of Springleaf Holdings are soaring, up 12.67% to $29.70, after the company posted strong second quarter earnings and announced the sale of its real estate assets.... The consumer finance company reported that its second quarter net income increased to $72 million, or 63 cents per share, from $56 million, or 56 cents per share, a year ago. Core earnings per share were 52 cents for the second quarter, beating analysts estimates of 45 cents. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.Revenue for the quarter increased 10.5% year over year to $432.79 million, higher than the $415.15 million analysts expected.In the third...
Outdoor enthusiasts use gadgets to stay plugged in
Miami Herald - 7 Aug 2014 21:11
It used to be that outdoor enthusiasts went into the wilderness to unplug. Now, many want to stay plugged in to their electronic devices as long as they can.Following Russia's Ban, EU Mulls Response
Boston - 7 Aug 2014 21:10The European Union said a Russian ban on a range of food and agricultural imports was 'clearly politically motivated,' and it could 'take further action' after examining the measures. WSJ's Matthew... Dalton discusses on Lunch Break with Lee Hawkins.
Gypsy Caravan Renaissance
Boston - 7 Aug 2014 21:10Gypsy wagons are experiencing a resurgence in Europe. Wally and Victoria Roth, of Bend, Ore., partnered with a European caravan builder, hoping to capitalize on this recent trend in the United States.
How Will Deutsche Bank (DB) Stock React To U.S. Regulators Demand For Major Improvements?
The Street - 7 Aug 2014 21:05NEW YORK (TheStreet) -- Shares of Deutsche Bank are down -0.58% to $32.63 after it was reported that the German bank, under fire from U.S. regulators over what they see as weak systems and financial... controls, has been formally ordered to clean up its act as part of a confidential pact with the authorities, sources told the Wall Street Journal. The private "memorandum of understanding" with the Federal Reserve Bank of New York and New York's Department of Financial Services demands that Deutsche Bank overhaul its technology and compliance procedures, and fix what the regulators describe as serious risk-management deficiencies, according to people familiar with the accord, the Journal said. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified...
Argentina pulls US into debt dispute with hedge funds
New York Post - 7 Aug 2014 21:04
Argentina is trying to rope Uncle Sam into its debt dispute with a group of "vulture" hedge funds. The embattled country sued the US in the Hague, contending that America's...Hawaiian holds top spot among on-time airlines
Miami Herald - 7 Aug 2014 21:04Here are the government's rankings of the leading airlines and their on-time performance in June. Some airlines, including Spirit and Allegiant, are not included because they operate fewer flights.... The federal government counts a flight as on-time if it arrives within 14 minutes of schedule.
Appeals court says mayor's article not defamatory
Miami Herald - 7 Aug 2014 21:04A former Utah mayor who wrote news stories under a false identity did not defame a former contractor in one of the articles, a federal appeals court ruled.
Why Cause Marketing is an Inside Job
Forbes - 7 Aug 2014 21:02Despite the wonderful work and contributions made by corporate foundations and cause marketing campaigns, there is a fundamental obstacle that cause marketers must overcome if they hope to truly have... the impact they seek in the world and build the bottom-line of their businesses as a result. That fundamental shift is the integration of purpose into the for-profit business model. Much like sustainability, for too long cause-marketing has been viewed by many brands as an add-on or an exercise in PR, or work to be done purely by the corporate foundation, independent of its profit-driven business strategies.
Bank of America Reported Close To Record DOJ Settlement
Time - 7 Aug 2014 21:00Paying up for their role in the housing crisis
What It's Like Raising Money As A Woman In Silicon Valley
Forbes - 7 Aug 2014 21:00
Editor's note: We don't publish many anonymous pieces on Forbes.com, but this compelling first-person account of sexism in the startup world merits an exception. I met the author several months ago... and was floored by the stories she had to tell about her dealings with mostly male investors. Like many men (as she writes), I knew women in tech faced a certain degree of chauvinism and harassment, but I'd had no idea it was so barefaced and routine, in an industry that thinks of itself as egalitarian and forward-looking.PetroChina Under a Cloud as China's Graft Battle Guts Front Office
The Street - 7 Aug 2014 20:59BEIJING (TheStreet) -- China's current oil crisis has nothing to do with fuel shortages. Nor is it about the geopolitics of Chinese oil rigs in the South China Sea or even the Middle East. This is an... executive staff crisis brewing at China's biggest oil producer PetroChina , whose front office has been shaken by a Communist Party purge tied to Chinese President Xi Jinping's ongoing campaign against high-level corruption.
Why Would the Owner of Legal Sea Foods Take a Lie Detector Test?
Boston - 7 Aug 2014 20:55He wanted to prove that the company is not, repeat NOT, a cookiecutter chain.
Delayed: More U.S. Airlines Arriving Late
NBC News - 7 Aug 2014 20:54
More U.S. flights arrived late in June than the month before, continuing a string of poor performances by the nation's airlines.Market Basket: We're not laying off associates
Miami Herald - 7 Aug 2014 20:54Market Basket's new CEOs say they are not laying off workers and are welcoming back all associates in an effort to return to full operations.
Traffic, revenue figure rise at Southwest Airlines
Miami Herald - 7 Aug 2014 20:54Southwest Airlines Co. said Thursday that traffic increased last month on Southwest and its AirTran subsidiary, leaving fewer empty seats and pushing a key revenue figure higher.
3 Reasons to Be Bullish About BHP Billiton Now Becoming Big Oil
The Street - 7 Aug 2014 20:53NEW YORK (TheStreet) -- BHP Billiton , the world's largest natural resources company, is transforming itself into more of an oil and natural gas company like Exxon Mobil and Chevron . While BHP is... well below the production levels of a Chevron or Exxon, it is a welcome change for investors. Here are three reasons why investors should seek to profit from BHP focusing more on oil. There will be a greater demand for oil and natural gas in the future. BHP is selling off industrial metals assets to focus on key sectors such as oil and natural gas. Towards that goal, it sold off or spun off its aluminum, bauxite, and nickel assets. Its major move in oil and natural gas was the $15 billion purchase of Petrohawk Energy. BHP also spent $4.75 billion buying interests in the Fayetteville Shale from...
Why Boulder Brands (BDBD) Stock Is Up Today
The Street - 7 Aug 2014 20:51NEW YORK (TheStreet) -- Boulder Brands was gaining 8.6% to $12.83 Thursday after beating analysts' expectations for revenue in the second quarter. For the second quarter Boulder Brands reported... earnings of 5 cents a share, in line with the Capital IQ Consensus of 5 cents a share. Revenue grew 18.6% from the year-ago quarter to $131.3 million. Analysts expected revenue of $130.2 million for the quarter. "The Natural segment, which includes Udi`s, Glutino, and EVOL, represented 61% of our total net sales and reported a strong organic net sales increase of 34.8%," chairman and CEO Stephen Hughes said in a press release. "Our Balance segment organic net sales increased 1.4%, and brand profit and brand profit margin for the Balance segment both increased in the second quarter." Must read:...
Why Goodrich Petroleum (GDP) Stock Is Spiking Today
The Street - 7 Aug 2014 20:51NEW YORK (TheStreet) -- Goodrich Petroleum shares are up 11.5% to $19.31 on Thursday after reporting that the peak production rate at its Tuscaloosa Marine Shale field in Louisiana has reached 900... barrels a day.Goodrich invested 70% of its second quarter capital expenditures in the project.The oil company also reported second quarter results today, with a net loss of 48 cents per diluted share, 3 cents worse than analysts were expecting, on revenue of $53.3 million that was below analysts expectations of $55.12 million. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates GOODRICH PETROLEUM CORP as a Hold with a ratings score...
NRA Removes Video That Called For Arming The Blind
TPM - 7 Aug 2014 20:51The National Rifle Association has yanked a video posted to one of its websites this week that advocated for the right of blind people to carry guns.
Hawaiian Holds Top Spot Among on-Time Airlines
ABC News - 7 Aug 2014 20:50Hawaiian and Alaska continue to top ranks of best US airlines for arriving on time
The Small Business That May Have Found a Cure for Ebola
inc - 7 Aug 2014 20:50
Has this nine-person biotech startup cracked a major medical mystery?Russia Retaliates on West's Sanctions Over Ukraine
ABC News - 7 Aug 2014 20:49Russia retaliates over Ukraine sanctions, banning imported food products from the West
A Twitter interview with Marc Andreessen on startups, wearables, and his next offices
Venture Beat - 7 Aug 2014 20:47
Guest Post: Well, the man sure lived up to his name, and I don't know about you, but I sure learned a lot. Thanks, Marc.Fed: Long arm of recession still felt by millions
USA Today - 7 Aug 2014 20:46
Retirement figures are particularly disturbing. Newly-Married Cheryl Hines Selling Bel-Air Home
Forbes - 7 Aug 2014 20:45
“Curb Your Enthusiasm” actress Cheryl Hines — newly married to Robert F. Kennedy, Jr. — is letting go of her Bel-Air bachelorette pad.Funds Are Going Smaller-Game Hunting for Dividends
ABC News - 7 Aug 2014 20:44Dividend payers aren't just big behemoths; smaller companies can offer bigger dividend growth
Why Lime Energy (LIME) Stock Is Exploding Today
The Street - 7 Aug 2014 20:44NEW YORK (TheStreet) -- Lime Energy exploded more than 150% on Thursday after the company announced it had earned approximately $180 million in new utility program business. The awards come from... both modified and new agreements with four separate utilities. "These significant contract awards extend Lime Energy's leadership position in providing small business solutions to US utilities. Our ability to cost effectively bring energy efficiency at scale to this customer segment while driving high customer satisfaction is proving to be of tremendous value to the utility of the future," said President and CEO Adam Procell in a statement. "The market for delivering energy efficiency resources is presenting Lime with great opportunity for growth and these awards are evidence of Lime's...
A New Solution to Income Inequality: "Random Mating"
Forbes - 7 Aug 2014 20:44Yes, our society is getting more and more unequal - and researchers have just uncovered a shocking reason why.
Little impact in Kansas from Russia food sanctions
Miami Herald - 7 Aug 2014 20:44Russia's ban on U.S. food imports has raised questions about the impact it could have in the major agriculture states. But in Kansas, producers have already learned to live without a Russian market.
US Airlines Running Behind Schedule So Far in 2014
ABC News - 7 Aug 2014 20:41Flight delays and cancelations on US airlines running higher than normal this year
In A Perfect World, All Receivables Turn Into Revenue
Forbes - 7 Aug 2014 20:39
In a perfect world, all receivables turn into revenue. However, for the majority of U.S. small businesses, recovering funds can prove to be an arduous, time-consuming and costly endeavor.Why Babcock & Wilcox (BWC) Stock Is Retreating Today
The Street - 7 Aug 2014 20:38NEW YORK (TheStreet) -- Shares of Babcock & Wilcox Co. are falling by -7.77% to $28.50 in mid-afternoon trading on Thursday, after the company reported a drop in net income to $26.4 million, or 24... cents per share for the 2014 second quarter, compared to $72.9 million, or 65 cents per share for the year ago period. The nuclear components manufacturer said revenue declined 22.6% to $686 million from the 2013 second quarter. Babcock & Wilcox's profit fell this quarter as a result of higher operating expenses as the company is looking towards further geographical expansion and lowers its dependence on coal, Market Watch reported. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12...
The FCC moves to expand political disclosure rules to cable
Washington Post - 7 Aug 2014 20:37Continuing in the vein of subjects about which the Federal Communications Commission is now taking public comments, the FCC has just moved to open up the commenting process on the question of whether... cable and satellite television providers should be required to post their "political files" -- disclosing airtime bought by political candidates -- to an FCC-hosted online database.
Intuit's buying jag continues with acquisition of UK payroll service PaySuite
Venture Beat - 7 Aug 2014 20:36
Financial services firm Intuit extended its buying spree today with the announcement that it is buying PaySuite, a UK-based provider of self-service online payroll services. Terms of the deal were not... made public. In early April, PaySuite announced its integration with the QuickBooks Online accounting system “to give small businesses access to their accounts and […]Thursday Sector Leaders: Utilities, Industrial
Forbes - 7 Aug 2014 20:36
The best performing sector as of midday Thursday is the Utilities sector, up 1.1%. Within that group, Sempra Energy (NYSE: SRE) and NextEra Energy (NYSE: NEE) are two large stocks leading the way,... showing a gain of 2.7% and 1.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (AMEX: XLU), which is up 1.2% on the day, and up 8.98% year-to-date. Sempra Energy, meanwhile, is up 12.70% year-to-date, and NextEra Energy is up 11.48% year-to-date. Combined, SRE and NEE make up approximately 12.3% of the underlying holdings of XLU.Thursday Sector Laggards: Services, Healthcare
Forbes - 7 Aug 2014 20:35
In afternoon trading on Thursday, Services stocks are the worst performing sector, showing a 1.0% loss. Within that group, Discovery Communications (NASD: DISCA) and Scripps Networks Interactive... (NYSE: SNI) are two large stocks that are lagging, showing a loss of 3.18% and 4.4%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (AMEX: IYC), which is down 0.2% on the day, and up 0.30% year-to-date. Combined, DISCA and SNI make up approximately 0.7% of the underlying holdings of IYC.Needed 10-digit dialing in 812 area code put off
Miami Herald - 7 Aug 2014 20:34State regulators have indefinitely pushed back the start of mandatory 10-digit dialing in southern Indiana's 812 area code.
Michigan economy grows 2 percent in latest year
Miami Herald - 7 Aug 2014 20:34A new federal report says Michigan's economy has continued its steady recovery from the Great Recession, growing 2 percent in 2013 and staging a faster comeback than the nation as a whole over a... four-year span.
MIT Students Design Functional, Fashionable Clothing for Disabled
Boston - 7 Aug 2014 20:33Engineering, design, and occupational therapy students have teamed up to create functional yet stylish clothing for disabled clients at Massachusetts Institute of Technology's Open Style Lab this... summer.
Why Freeport-McMoRan (FCX) Stock Is Falling Today
The Street - 7 Aug 2014 20:31NEW YORK (TheStreet) -- Shares of Freeport-McMoRan Inc. are down -1.80% to $36.04 after it was reported that the natural resources company contacted potential buyers about selling its onshore oil... wells in California, which could be worth up to $5 billion, sources told Reuters. The company, which owns mines and oil wells worldwide, has been actively pursuing asset sales in order to reduce debt, which is over $20 billion. Freeport is in the early stages of approaching prospective buyers, which could include other oil companies as well as private equity firms, sources added. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates...
Vizio Recalls 245,000 TVs at Risk of Tipping Over
Time - 7 Aug 2014 20:30
Regulators say the unsturdy TV runs a "risk of impact injury to the consumer"GM's 'All-New' Chevy Volt Could Get Battery Boost
NBC News - 7 Aug 2014 20:30
General Motors will reveal an "all-new" version of its Chevrolet Volt plug-in hybrid vehicle at the Detroit Auto Show in January.Real Estate Roundup: Things You Can Live in That Aren't a House
Boston - 7 Aug 2014 20:29Each week, we round up interesting developments in real estate in Boston and across the country.
Income Investors Shouldn't Give Up, Despite Stock Market Pressure
The Street - 7 Aug 2014 20:29NEW YORK (TheStreet) -- How many investors do you personally know? Chances are, half of the people you talk to do not have a clue what the stock market is or think of it as some super risky venture.... The majority of the rest of the people have tried to invest or know someone who has, and lost some money. They give up and quit trying to make money from that route. It is a shame, because the stock market has a proven history of being a very reliable way to build the wealth many people desire, to reach their specific goals. Losing money happens in the stock market and there is no need to quit because of it. Just like anything in life, you have to practice and learn from your mistakes to become a better investor. Not everyone is a winner; otherwise, there is not much of a reward if everyone...
Wonkblog: Electronic health records were supposed to be everywhere this year. They're not -- but it's okay.
Washington Post - 7 Aug 2014 20:27Welcome to Health Reform Watch, Jason Millman's regular look at how the Affordable Care Act is changing the American health-care system -- and being changed by it. You can reach Jason with questions,... comments and suggestions here. Check back every Tuesday and Thursday afternoon for the latest edition, or sign up here to receive it straight from your inbox. Read previous columns here.
Yelp now uses Bing Translator in iOS, with Android coming soon
Venture Beat - 7 Aug 2014 20:27
Yelp iOS app gets Bing Translator to ease foreign language review confusion.HOUSE OF THE DAY: Kim Kardashian And Kanye West Dropped $20 Million On A Sprawling Mansion In LA
Business Insider - 7 Aug 2014 20:25
Zillow/Getty Kim Kardashian and Kanye West are officially moving out of Kris Jenner's house and into a $20 million home of their own -- five minutes away from Kim's mom in the hills of Calabasas,... according to Zillow. The 8,000-square-foot French country-style home, formerly owned by Lisa Marie Presley, includes eight bedrooms, 10 bathrooms, two swimming pools, two spas, and even a vineyard on its three acre property. "I am so ready to be out of my mom's house, you have no idea," Kim told People magazine this week. "We wanted to be away and have more privacy ... but it will be nice to still be close." Kim Kardashian and Kanye West bought an $11 million mansion last year in Bel-Air -- but decided to sell it because they wanted more space. Now, the couple are reportedly in...Amy Hoak's Home Economics: As home-equity loans reset, these owners are most at risk
Market Watch - 7 Aug 2014 20:22Home-equity lines of credit, popular during the housing boom of the mid-2000s, are now a source of concern, as many of these loans are due to reset to higher payments in the next few years.
Google to give more weight to encrypted websites in search results
L.A. Times - 7 Aug 2014 20:22This Isn't The First Time Sunni Extremists Have Gone After Iraq's Yazidis
Business Insider - 7 Aug 2014 20:21
Reuters Displaced families from the minority Yazidi sect, fleeing the violence in the Iraqi town of Sinjarl west of Mosul, take refuge at Dohuk province on August 4, 2014 On August 15, 2007, Iraq's... Yazidi community was the victim of the worst terrorist attack anywhere in the world since September, 11, 2001, and the second-worst in modern history. Four simultaneous suicide bombers detonated themselves in two villages almost entirely populated by the religious minority group. At least 500 people were killed; credible reports place the overall total death toll at 796. The attacks were the culmination of growing tensions between the Yazidis and Sunni extremists, and bore all the hallmarks of Al Qaeda in Iraq, ISIS's predecessor organization. Cell phone footage of a Yezidi mob stoning a woman...Why Windstream (WIN) Stock Is Falling Today
The Street - 7 Aug 2014 20:21NEW YORK (TheStreet) -- Windstream was falling -3.1% to $11.19 Thursday after missing analysts' estimates for earnings in the second quarter. For the second quarter Windstream reported earnings of 4... cents a share, missing the Capital IQ Consensus Estimate of 8 cents a share by 4 cents. Revenue fell -2.4% year-over-year to $1.47 million for the quarter, in line with analysts' estimates. Windstream said it expected revenue for 2014 to be between a -2.5% decrease and a 1% increase from revenue for 2013. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates WINDSTREAM HOLDINGS INC as a Buy with a ratings score of B-. TheStreet Ratings...
University Of Minnesota Might Ban 'Redskins' When Team Comes To Town
TPM - 7 Aug 2014 20:20The University of Minnesota is taking steps to keep the Washington Redskins name off "promotional and game date materials" when the team visits Minneapolis in November.
The Wall Street Journal: Hawaii braces as two hurricanes approach
Market Watch - 7 Aug 2014 20:19Hawaii gears up for fierce weather as two hurricanes approach, with election slated for Saturday.
Google's chief economist describes life in the robot-run economy in 1 meaty quote
Venture Beat - 7 Aug 2014 20:18
Google has enough excess billions laying around that they can pay the world’s brightest minds to just think for them. Famed Berkeley economist Hal Varian moonlights as Google’s chief economist and... responded to Pew’s recent call on tech experts to predict what happens when robots begin to automate the current crop of existing jobs. I’m […]FTIL misses deadline to sell MCX-SX stake
livemint.com - 7 Aug 2014 20:16
Sebi set to appoint adjudicating officer, serve a show-cause notice on Jignesh Shah's FTILChimerix reports $11.7M loss in second quarter
News Observer - 7 Aug 2014 20:16Chimerix posted a $11.7 million loss in the second quarter but also raised significant funds to finance the development of its lead drug candidate, brincidofovir.
Monkeys take 'selfies,' sparking copyright dispute
Miami Herald - 7 Aug 2014 20:13Monkey see, monkey do. But when a monkey takes a selfie, who owns the copyright?
Maine Technology Institute president ousted
Miami Herald - 7 Aug 2014 20:13The president of the Maine Technology Institute has been removed from his post.
The Wall Street Journal: Argentina sues U.S. in International Court of Justice over debt dispute
Market Watch - 7 Aug 2014 20:11Court can hear the case only if the U.S. agrees to it.
Trai starts consultations to determine spectrum reserve price
livemint.com - 7 Aug 2014 20:10
Consultations are for the spectrum in 900MHz and 1800MHz held by operators whose licences expire in 2015A Traveler's Calendar: Can't-Miss Foodie Events Happening Around The World
Forbes - 7 Aug 2014 20:10
For travelers with a foodie bent, there are plenty of possibilities ahead this month. A few highlights in England, Prague, and Pennsylvania are noted here: EAT! OUT Festival, NewcastleGateshead,... England;Eating Prague Food Tour, Czech Republic; and the Great American Banana Split Celebration, Latrobe, Pa.10 Reasons Fair-Trade Coffee Doesn't Work
The Huffington Post - 7 Aug 2014 20:09
I see you, smugly smiling over your morning cup of fair-trade coffee, gratified at the unimaginable impact your thoughtfully chosen beans must be bringing to poor coffee growers overseas. Well, think... again. The academic evidence for any positive effect of fair-trade coffee on coffee growers is mixed at best. Several recent studies by researchers at Harvard, the University of Wisconsin, and the University of California indicate that fair- trade coffee has small to negligible effects on coffee growers, especially the poorest ones. The University of California researchers find that the lack of impact stems from the ill-conceived design of the fair-trade system. Indeed, a consensus among development economists indicates fair-trade coffee to be one of the least effective means for reducing...Tencent Connection Helps To Propel iDreamSky In Its IPO
Forbes - 7 Aug 2014 20:09It doesn't hurt to have powerful backers like Tencent when going public in the U.S. The latest China startup to go public in the U.S., iDreamSky, sets sail for international markets next.
Over 22,000 People Are Watching A Fish Play Pokemon By Swimming Around Its Fish Bowl
Business Insider - 7 Aug 2014 20:08
Fish Plays Pokemon screenshot The Twitch community has moved on from watching Pokemon Red played by over a million users to just one - a fish. The Twitch channel Fish Plays Pokemon features a fish,... named Grayson Hopper, swimming around in a fish bowl as the Pokemon Red character moves according to the direction Grayson swims. At the time of writing, over 22,000 are currently watching Grayson play Pokemon, with a little under 50,000 total views. It's been slow going for Grayson, but in over 135 hours of playtime, he has managed to get his first Pokemon, name it AAAABBK, and win a battle against his rival. According to the page, Fish Plays Pokemon was created in 24 hours at HackNY, a hackathon organized by faculty at NYU and Columbia. In a similar experiment that went viral earlier this...Why Is Yahoo Sports Hiding Its Best Asset In Woj?
Forbes - 7 Aug 2014 20:08Yahoo Sports has the #1 NBA Insider on the planet in Adrian Wojnarowski or Woj. Yet, they continue to hide his light under a bushel. They should make him their center-piece.
Why Netflix (NFLX) Stock Is Surging Today
The Street - 7 Aug 2014 20:08NEW YORK (TheStreet) -- Shares of Netflix, Inc. are up 4.07% to $447.80 this afternoon after it was reported that CEO Reed Hastings posted on Facebook that the company has beat Time Warner's HBO... in subscriber revenue in the second quarter, adding that Netflix was "honored to be in the same league," according to CNBC. On his Facebook page, Hastings said: "Last quarter we passed HBO in subscriber revenue ($1.146 billion vs. $1.141 billion). They still kick our ass in profits and Emmy's, but we are making progress. HBO rocks, and we are honored to be in the same league." Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates...
Fringe Ex-U.S. Senate Candidate Publicizes 72-Hour Fast To Find A Defense Attorney
TPM - 7 Aug 2014 20:07Annette Bosworth, the former fringe U.S. Senate candidate in South Dakota who once conducted an entire news conference surrounded by walls that were spray-painted with vulgar terms, says she is in the... middle of a three-day fast.
Asia-Pacific, Middle East new focus areas for IT services firms
livemint.com - 7 Aug 2014 20:07
Top 5 IT firms post an average growth rate of 11-15% in Asia-Pacific and other emerging markets in June quarterBrazil's Movile grabs $55M as it grows its e-commerce and instant delivery businesses
Venture Beat - 7 Aug 2014 20:06
The on-demand economy is not just a thing in the U.S.. Brazil has apparently been really getting into the trend with various apps and services becoming available online. Brazil’s Movile, the mobile... commerce company behind food deliver app iFood, today announced that it has raised $55 million in new funding to continue expanding its online-to-offline (O2O) […]Adatao wants to let data scientists work together, so it gets $13M
Venture Beat - 7 Aug 2014 20:02
Here's a startup that wants to make a service for letting people collaborate on data analysis.Witness: Ex-Guv McDonnell 'In Denial' About Wife's Mental Capacity
TPM - 7 Aug 2014 20:02A witness in former Virginia Gov. Bob McDonnell (R) and his wife's federal corruption case testified Thursday that McDonnell was "in denial" about the first lady's mental capacity.
7 Reasons to Skip Vacation in August
inc - 7 Aug 2014 20:01
Let the slackers and the fashionably exhausted crowd burn their vacation days. Their absence makes August the best month to get work done.Ordinary Russians Are Furious About Putin's New Food Sanctions
Business Insider - 7 Aug 2014 20:01
REUTERS/Mikhail Voskresensk Shoppers look at meat on offer on a market stall in Moscow February 8, 2013. Today we learned Russia will ban the imports of meat, dairy, fruit and some vegetable products... from the West. Many believe the sanctions will only end up hurting ordinary Russians. As it happens, ordinary Russians also believe this will case. "The move provoked an immediate internet backlash, with Russian Twitter users predicting a return to the empty shelves and queues for food that characterised the collapse of the Soviet Union," The Telegraph reported. Here's what they were talking about. "Russians walk by empty shelves: 'How about that!'" Kirill Martynov Tweeted. усские ш и мимо пусты... по ок и дума и: "Как мы и...!" -- Кири Мартынов...IBM's Synapse marshals the power of the human brain in a computer
Venture Beat - 7 Aug 2014 20:00
The new brain chip is the culmination of a decade of research, and it uses a hundredth of the electrical power of today's microprocessors.Scientists make cheap, fast self-assembling robots
News Observer - 7 Aug 2014 20:00In what may be the birth of cheap, easy-to-make robots, researchers have created complex machines that transform themselves from little more than a sheet of paper and plastic into walking…
11 Simple Techniques for Gaining Customers' Trust Online
inc - 7 Aug 2014 20:00
It's becoming increasingly difficult to get people to trust your website enough to make purchases on it. Here's what it takes to maximize the number of visitors you convert into customers.Chicken Stocks Are Getting Whacked (TSN, PPC)
Business Insider - 7 Aug 2014 20:00
REUTERS/Mike Blake Shares of U.S. poultry producers are down today after Russia announced sanctions targeting Western meat products including chicken from the U.S. Arkansas-based Tyson Foods is down... 2.3% and Colorado-based Pilgrim's Pride is down 3.0%. Russia imported $303 million worth of American chicken last year, according to the National Chicken Council. It's the second-largest destination for U.S. poultry. The NCC said any impact on U.S. industry would be minimal. "As its domestic poultry industry has expanded, Russia has in recent years become less important as an export market," they said. "Russia currently accounts for only about 7% of total U.S. poultry export volume. In the mid-1990s, exports to Russia were as much as 40 percent of that total." Instead, they said, ordinary...How To Hack A Sonos Sound System To Terrify Your Friends
Fast Company - 7 Aug 2014 20:00
A developer used this open source code to haunt his own house. This story features an interview with independent developer Aaron Gotwalt. Read Full StoryHousing recovery 'changing shape,' hinges on job growth, report says
L.A. Times - 7 Aug 2014 19:59Correction: General Motors-Impala Air Bags Story
ABC News - 7 Aug 2014 19:57Correction: General Motors-Impala Air Bags story
Here's Evidence That Customer Service Isn't Really Into Serving Customers
The Huffington Post - 7 Aug 2014 19:57
Ever wonder if customer service employees are actually trying to serve you? Or if they're just trying to get rid of you as soon as possible? Apparently, Jack Vale has. The YouTube celebrity decided to... put a number of employees to the test by setting up a camera inside a store and one inside his car. He then called from outside to ask if they had certain items in stock. After asking, he cut the video to show exactly what the customer service representative was doing while they were "helping" him. As it turns out, a lot of the employees didn't even check to see if the item was in stock -- including one particular employee who said he was "101 percent" sure they did not have yoga mats. They did. We couldn't independently verify everything that happened here. We reached out to Walmart and...We Asked A Bunch Of Lawyers: Who Owns The Copyright To This Amazing Monkey Selfie?
Fast Company - 7 Aug 2014 19:57
Wikipedia? The wildlife photographer? Maybe even the monkey? Tucked into Wikipedia's transparency report yesterday was a tiny anecdote that involved the copyright of a photo. The story involved a... selfie, a wildlife photographer, and a smiling monkey, so, quite naturally, it went on to light the content-starved summer Internet on fire. Read Full StoryAmerican Apparel's Provocative Back To School Ads Are Igniting Fury
Business Insider - 7 Aug 2014 19:56
American Apparel is facing heat for a provocative back-to-school campaign in the U.K. The retailer published photos online that showed models leaning over in plaid, schoolgirl-style skirts. The... photos, some of which have been removed, ignited a firestorm among shoppers. Twitter/@anygirlfriday One Twitter user posted the photo and wrote they were fueling "Lolita fantasies and rampant sexism a plenty." Other Twitter users chimed in: No way....that is so cliched...I feel a mixture of defiled, sad and let down @VagendaMagazine @anygirlfriday very child prostitute -- rebecca pearson (@rebeccapearson) August 7, 2014 @anygirlfriday this is really very dangerous and wrong!!! -- daftmamma (@Angeline1611) August 7, 2014 @VagendaMagazine @anygirlfriday how can a society that so publicly reviles...The Alliance: A Manifesto For 21st-Century Talent Management
Forbes - 7 Aug 2014 19:54
The Alliance by Reid Hoffman: A new model for talent management for the 21st century. Manifesto for business leaders today.More Windows 9 Details Leak, And It Sounds Like Microsoft Is Slowly Gutting Windows 8 (MSFT)
Business Insider - 7 Aug 2014 19:54
Screenshot Microsoft CEO Satya Nadella. We've been hearing about the big changes that may come with the next version of Windows, presumably called "Windows 9," for months. But now, a new report claims... Microsoft will cut one of Windows 8's most notable features from its future operating system. The Charms sidebar may be excluded from Windows 9, according to Winbeta and ZDNet's Mary Jo Foley, who has an excellent track record when it comes to breaking Microsoft news. The Charms menu is a sidebar that offers shortcuts to certain functions within the operating system, such as the search bar, the Settings menu, and the Devices page, among others. It's one of the primary means of navigating Microsoft's software. Instead, the company will supposedly include some of these buttons in title bars...China Cracks Down on Popular Mobile Messaging Services
The New York Times - 7 Aug 2014 19:53
New rules, widely believed to be aimed at WeChat, are intended to curb the sharing of unauthorized political news and information.Randgold Is the Gold Standard in Gold Mining, More Than Newmont or Barrick
The Street - 7 Aug 2014 19:53NEW YORK (TheStreet) -- What do you think the ticker GOLD stands for? Maybe the gold price itself? Or some form of exchange traded fund giving you exposure to the precious metal? Actually it is the... ticker for Randgold Resources -- an Africa-focused gold mining company. I am still surprised that Randgold is not a better known name. The company typically ends each of its quarterly report presentation documents with a chart showing its share price outperformance against a broad peer group. This quarter is no different and judging by some of the performance metrics the company has achieved, this is no accident.
Daily Dividend Report: MDLZ, MUR, BG, FOXA, GD, ADM, CME, ICE, ABC, MAR
Forbes - 7 Aug 2014 19:52Mondelez International (MDLZ) declared a regular quarterly dividend of $0.15 per common share of Class A stock, an increase of $0.01 per share, or 7 percent. The dividend is payable on Oct. 14, 2014,... to stockholders of record as of Sept. 30, 2014.
West Virginia GOP Cancels D'Souza Speech 4 Days Before Sentencing
TPM - 7 Aug 2014 19:51The West Virginia Republican Party has cancelled a speaking event featuring conservative author Dinesh D'Souza just before an upcoming sentencing date.
Is 'Extreme Parenting' The Next Frontier In Reality Television?
Forbes - 7 Aug 2014 19:51
Depending on who you ask, reality television is the guiltiest of guilty pleasures or the eighth sign of the apocalypse. No other outlet has contributed more to that conversation than Bravo and it's... newest show, "Extreme Guide to Parenting," which premieres tonight, is sure to setting tongues wagging.Kate Middleton's Brother Delivers Edible Selfies
NBC News - 7 Aug 2014 19:50
The Duchess of Cambridge's brother is bringing his business of marshmallows adorned with mug shots -- edible selfies if you like --to America.The Science-Backed Reason You Should Listen To Heavy Music Before Asking For A Raise
Business Insider - 7 Aug 2014 19:49
Larry Busacca/Getty Images Before you ask your boss for a raise or that cute colleague on a date, you may want to turn up the bass. According to a new study led by Northwestern professor Dennis Y.... Hsu, bass-heavy music can make you more confident. "The effect of music appears to manifest itself not only in its ability to entertain," he and his colleagues write, "but also in the ability to imbue humans with a real sense of power." As Tom Jacobs notes at Pacific Standard, writers like Henry David Thoreau and George Eliot have noted how fiery music can stoke you into action, but the new research lends empirical evidence. Jacobs summarizes one such experiment: ... 78 undergraduates listened to an original, two-minute-long piece of instrumental music in one of two conditions: With...Petrobras Earnings Preview: Higher Production, Thicker Downstream Margins To Drive Growth
Forbes - 7 Aug 2014 19:48We also expect Petrobras to realize thicker downstream margins compared to last year on improved pricing of refined petroleum products and lower refining costs. However, a negative currency... translation effect from a stronger U.S. Dollar is expected to weigh on its earnings growth.
The Winners And Losers With New NCAA Rules
Forbes - 7 Aug 2014 19:47The 5 most powerful conferences are biggest winners with new NCAA rules, and all other conferences are the biggest losers. Forget about Appalachian State upset in the future. They won't even play a... team like Michigan.
Twitch CEO: 'We have absolutely no intention' of muting copyrighted audio on Twitch livestreams
Venture Beat - 7 Aug 2014 19:45
Twitch is only flagging content on archived recordings that players can watch on demand.Google's 'Loon' broadband balloon completes 120 days of flight at the edge of space
Venture Beat - 7 Aug 2014 19:45
The test balloon, called Ibis 152, was launched from New Zealand on February 26 and has circled the earth twice.Activision's Q2 Earnings: Digital Content Help Core Franchises Outperform In Their Segment
Forbes - 7 Aug 2014 19:45The company managed to generate $658 million in non-GAAP revenues, up 8% year-over-year (y-o-y). On a non-GAAP basis, digital domain accounted for 73% of the company's net revenues, which drove the... overall non-GAAP operating margin to 17%. The company's adjusted EBITDA margins stood at 20% and its non-GAAP tax rate was 29%.
5 Celebrities And Brands Who Have Mastered Twitter
Forbes - 7 Aug 2014 19:44
When you think of brand building on Twitter, celebrities may not be the first people who come to mind. However, with legions of followers, some celebrities are worth looking considering for insight.... Celebrities ranging from Lady Gaga to Ashton Kutcher are doing something right on Twitter – and they’re not just tweeting out their most recent Starbucks order.Want To Immigrate To The U.S.A.? Open A Business With The E-2 Visa
Forbes - 7 Aug 2014 19:43In my line of work, you often get people who are looking for a better, safer life for themselves and their family. The phone often rings when things get bad.
Google using its clout to widen use of encryption
Miami Herald - 7 Aug 2014 19:43Google is wielding the power of its dominant Internet search to push more websites into protecting the people using their services.
Earnings Review: Retail Segment Gains Allow Ralph Lauren To Post Modest Topline Growth
Forbes - 7 Aug 2014 19:42We believe that the company's revenue growth can accelerate going forward, benefiting from a variety of growth strategies we discuss below. We also expect the company's profitability to improve over... long term, as investments in these growth strategies bear fruit.
Restaurant Charges Patrons a 'Minimum Wage Fee'
NBC News - 7 Aug 2014 19:40A restaurant in Minnesota opposes the state's new minimum wage hike, and the writing is on the receipt.
Here's Why You Should Swap Your To-Do List For A 'Done List'
Business Insider - 7 Aug 2014 19:40
Georgio/Flickr Crossing something off your to-do list is the ultimate high -- but it's too often coupled with the low of realizing how much didn't get finished. That's why you should start a "done... list." In contrast with a to-do list, a done list catalogs everything completed that day, showing you how much progress you made instead of highlighting what's still left to do. In a post on The Science of Us blog, Melissa Dahl advocates having one, arguing that it serves as a needed ego boost. Even if a crisis pops up and draws your attention away from the projects you planned to tackle that day, you're able to see that the day wasn't a waste because you accomplished something, Dahl says. Additionally, a done list reveals your weaknesses, which helps you improve your productivity. As...How Will Dollar Tree-Family Dollar Merger Impact Wal-Mart?
Forbes - 7 Aug 2014 19:39The merger is expected to create cost synergies at a $300 million run rate by the end of 2018, which can help the dollar chain pass on some savings to its customers. With competitive prices, Dollar... Tree-Family Dollar can become a formidable threat to Wal-Mart. Moreover, with Family Dollar becoming a part of Dollar Tree, Wal-Mart has missed out on a substantial growth opportunity.
Michael Bay's 'Teenage Mutant Ninja Turtles' Movie Is More Like 'The Megan Fox Show'
Business Insider - 7 Aug 2014 19:37
"Teenage Mutant Ninja Turtles"/Paramount Pictures Megan Fox gets more screen time in "Teenage Mutant Ninja Turtles" than any turtle. *Warning. Mild spoilers ahead* Fans of "Teenage Mutant Ninja... Turtles" will be pleased to hear that Michael Bay's latest movie doesn't butcher the origin story in the way they feared. They may be disappointed to learn, however, that the movie isn't about the turtles. Instead, it's all about Megan Fox. See Fox fall. See Fox quiver. See Fox hide behind things. "TMNT" marks the reunion between the 28-year-old bombshell actress and Bay, who had a falling out while working on the Transformers film franchise. Now, it appears Fox gets more screen time than Leonardo, Michaelangelo, Donatello, or Raphael in the Turtles' first motion-capture film. After a stunning,...Thursday 8/7 Insider Buying Report: SFY, LNBB
Forbes - 7 Aug 2014 19:36As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
Sprint's T-Mobile Deal Called Off, CEO Replaced As Turnaround Efforts Pick Up
Forbes - 7 Aug 2014 19:36A Sprint-T-Mobile merger would have created an entity as big as Verizon or AT&T (based on number of subscribers) and was being seen as an important move for Sprint to turn around its declining... fortunes. Now that the deal is off, Sprint will have to come up with a plan B to compete against strong competitors in a largely saturated market. Shareholders echoed these concerns as the company's stock dropped about 20% on Wednesday, likely reflective of the sentiment that a turnaround was going to be difficult.
Mexico dreams face test after opening to investors
News Observer - 7 Aug 2014 19:35Mexico has passed laws to open its oil, gas and electric industries to private and foreign investors after 76 years of state control. Now comes the hard part.
From The U.S.-Africa Summit: Why America Is Back In African Business
Forbes - 7 Aug 2014 19:35
The U.S Africa Leaders Summit ended yesterday in Washington DC after three days of intense meetings and passionate debates. For many, this event will be remembered as the largest ever gathering of... American and African leaders in history.KKR, Blackstone, TPG Settle PE Collusion Lawsuit as Firms Move Past 2007
The Street - 7 Aug 2014 19:34Updated from 10:44 a.m. ET to include Blackstone, TPG settlements and afternoon stock prices. NEW YORK (TheStreet) -- KKR , Blackstone Group , and TPG Capital have settled a class action lawsuit... alleging that the company, along with over a dozen banks and private-equity firms, colluded on pre-crisis buyout deals. The buyout firms initially fought those allegations but they now settling for a total of $325 million without admitting or denying guilt. In 2007, over a dozen banks and PE firms were sued by plaintiffs in a Massachusetts court of working to artificially keep buyout prices low by refusing to bid against each other. The suit mostly involved so-called club buyout deals that were once the rage in the private-equity industry. In those deals, groups of PE firms and banks built buyout...
Economics...Gurus...Get...Schooled...at...Camp...Kotok
Boston - 7 Aug 2014 19:33Every...summer,...financial...luminaries...like...Paul...McCulley...of...PIMCO...spend...four...days...at...Camp...Kotok,...an...annual...summer...retreat...in...a...remote...part...of...Maine.
HC seeks centre, RBI's replies on plea against easing gold import curbs
livemint.com - 7 Aug 2014 19:33
HC seeks responses on plea challenging govt circular allowing select trading houses to procure gold for export, domestic marketBlackstone Partners With African Firm in $5 Billion Deal
Boston - 7 Aug 2014 19:33Blackstone CEO Stephen Schwarzman, at the U.S.-Africa Business Summit, discusses his new partnership with Nigerian billionaire Aliko Dangote, financing power and infrastructure projects.
Windstream's Spinoff Plan Keeps It Attractive Depite 65% Income Drop
The Street - 7 Aug 2014 19:33NEW YORK (TheStreet) -- Telecom company Windstream Holdings reported a 65% drop in net income for the last quarter on in-line revenue. Windstream said earnings, which missed estimates by 4 cents,... included "after-tax merger and integration, restructuring and other expenses" that, if excluded, would have doubled earnings per share to 4 cents. Total revenue came in at $1.5 billion, a 2% decline from the same period last year.
Bidding for Apple Store Employee's Old Uniform Passes $80K
ABC News - 7 Aug 2014 19:31
A former Apple retail employee is using his coincidental name Sam Sung to give at least $80,100 to a children's charity.Patent Application Reveals Apple Is Working To Bring Siri To Macs
Fast Company - 7 Aug 2014 19:31
But it seems unlikely Siri will make its way to the OS X Yosemite release. From the looks of an Apple patent application, the Cupertino, California company wants to bring Siri to Macs. Read Full StoryNetflix Now Brings In More Money From Subscribers Than HBO
The Huffington Post - 7 Aug 2014 19:30
We should know better by now than to think Netflix executives would pass up an opportunity to annoy HBO. The company's founder and CEO, Reed Hastings, announced in a Facebook post on Wednesday that... for the first time, Netflix has pulled in more subscriber revenue than HBO over a three-month period. And this time, he was able to talk about HBO without calling the company's CEO a "bitch." Post by Reed Hastings. Hastings is right to note that HBO is still far more profitable. While Netflix made $71 million in profit between April and June, HBO earned $548 million (PDF). Should we expect Netflix to catch up anytime in the profit wars anytime soon? Probably not. Between securing TV and movie rights, deals with Internet providers to secure faster connections and the cost of original show...Why Thoratec (THOR) Stock Hit a One-Year Low Today
The Street - 7 Aug 2014 19:30NEW YORK (TheStreet) -- Thoratec plummeted to a 52-week low of $22.80 on Thursday after the medical device manufacturer reported second-quarter earnings and issued full-year guidance that came up... well short of analysts' expectations. Thoratec reported earnings of 43 cents a share on revenue of $118.1 million, while analysts polled by Thomson Reuters had expected earnings of 43 cents a share on revenue of $128.27 million. The company also drastically cut its full-year earnings per share guidance to a range of $1.25 to $1.35 from a range of $1.72 to $1.82. Thoratec slashed its full-year revenue guidance to a range of $455 million to $470 million from a range of $520 million to $535 million. The consensus estimate calls for full-year EPS of $1.75 on revenue of $523.42 million. Must...
Flexing HR's Strategic Business Muscle
Forbes - 7 Aug 2014 19:28
Most every company has moved past the initial hype of cloud-based human resource (HR) software as a money-saving tactic (it’s not) to understanding its real benefits around agility for efficiencies... and faster innovation. Now the real work has begun for those HR professionals determined to reposition themselves as a strategic business partner.Teen inventor aims to save babies from hot-car deaths
USA Today - 7 Aug 2014 19:27
She invented the device for the school science fair Google, Barnes & Noble team up for same-day book deliveries
L.A. Times - 7 Aug 2014 19:27Thursday's ETF with Unusual Volume: GNR
Forbes - 7 Aug 2014 19:26The SPDR S&P Global Natural Resources ETF (GNR) is seeing unusually high volume in afternoon trading Thursday, with over 316,000 shares traded versus three month average volume of about 63,000. ... Shares of GNR were off about 0.8% on the day.
Historic Tennessee House Comes With Its Own Vintage Rolls-Royce
Forbes - 7 Aug 2014 19:25
Now here's a property that's in both move-in - and drive away - condition.Argentina asks world court to consider debt case
News Observer - 7 Aug 2014 19:24Argentina is seeking to sue the United States at the world court over U.S. court rulings that last week forced the Latin American country into a default.
Hey Girl, Check Out This Ryan Gosling-Themed Bathroom
The Huffington Post - 7 Aug 2014 19:23
Bang Bang, a sushi restaurant/dance club in San Diego, has created quite possibly the best marketing strategy EVER: cover the walls of a women's bathroom stall entirely in photos of Ryan Gosling, and... everyone and their mother will Instagram themselves in it. The publicity is brilliant and the hype is REAL. Don't like sushi? Who CARES. You can get a photo of yourself pretending to make out with Ryan Gosling and, like, 64 people will like it. #WorthIt Here's the bathroom in all its glory: And some obligatory Instagrams: So, if you're squeezing in one last trip this summer, please go to San Diego. And please take an Instagram in this Ryan Gosling-themed bathroom. [h/t Buzzfeed]We Eat Half Of Our Meals Alone
The Huffington Post - 7 Aug 2014 19:19
About half the time that we sit down to eat, we're joined by a book, smartphone or just our own thoughts instead of another person. That's according to a new report from the NPD Group, a consumer... market research firm. NPD found that we're alone for about 60 percent of our breakfasts, over half of our lunches, and a whopping 70 percent of our "non-meals." The report notes that Americans are least likely to eat dinner alone, indicating that we still have somewhat of a reverence for the sacred time typically reserved for catching up with family or friends. Still, we eat about one-third of our dinners alone, and taken together, the stats add up to around half of our meals eaten without anyone around but (presumably) our 1200 Facebook friends to keep us company. This chart from NPD Group shows...Forced to Pay for Insurance I Didn’t Want
ABC News - 7 Aug 2014 19:18
ABC News Fixer solves a billing mystery, saves a reader hundreds.Shelter Dog Makeovers Prove Every Sad Stray Is Handsome Underneath
The Huffington Post - 7 Aug 2014 19:18
When was the last time a widely publicized beauty makeover made the world a better place? The jury is still out on makeovers for people, but shelter animals are having their moment with the "Top... Shelter Dog In America" contest. In collaboration with Wahl and GreaterGood.org, the campaign helps provide makeovers for neglected animals in need of adoption. "Unfortunately, due to limited resources, only half of all pets entering shelters today are receiving the proper grooming they need," Shay Moeller, pet product manager for Wahl, said in a media release. "To help make a change, we sought to get supplies into the hands of shelter volunteers, while working to change public perceptions about dogs that might just need a little extra grooming and TLC." The effort has also had help from One...NCAA board hands 5 biggest conferences more power
News Observer - 7 Aug 2014 19:16The biggest schools in college sports are about to get a chance to make their own rules.
Here's The Best Way To Start A Negotiation (If You're A Guy)
Business Insider - 7 Aug 2014 19:15
Dell Inc./flickr Men should start a negotiation with some friendly chit-chat. If you're a guy, making a few comments about the weather before you start a negotiation might result in a more favorable... deal than getting right down to business. But if you're a woman, not so much. According to a new report, small talk increases the perception of cooperativeness and likability of a male negotiator but has no effect for female negotiators. The reason, researchers say, is because of the persistence of long-standing gender stereotypes. Going into a negotiation, men are traditionally seen as aggressive and confrontational, while women are traditionally seen as communal and more willing to cooperate. So when a man starts a deal with some lighthearted banter and a smile, the other party may be...Why "cash is trash"-thinking threatens stocks
USA Today - 7 Aug 2014 19:14
With cash earning 0%, investors are favoring stocks, leaving cash stashes dangerously low. Gene Simmons Drops Racial Slurs On Fox To Make A Point About The Redskins
TPM - 7 Aug 2014 19:13Rocker Gene Simmons dropped several racial slurs on-air Thursday on Fox News' "Outnumbered" to make a point about the sensitivity of the Washington Redskins' team name.
How Many Exchanges Does The World Need?
Forbes - 7 Aug 2014 19:13
Among the many financial trading and IT conferences I have attended over the years - from TradeTech in Paris to Burgenstock in Montreux, Switzerland, and beyond - the question has always arisen as to... how many stock and derivatives exchanges there would be in three, five or ten years time. Depending on who you canvassed the answer would always be different. Perhaps not that surprising I suppose. Some pundits suggested that in the end analysis there would be five or six global exchange groups.Why Nanosphere (NSPH) Stock Hit a One-Year Low Today
The Street - 7 Aug 2014 19:12NEW YORK (TheStreet) -- Nanosphere plummeted to a 52-week low of 92 cents on Thursday after the molecular diagnostic company reported second-quarter earnings and issued full-year revenue guidance... that came up short of analysts' expectations. The company reported a net loss of 13 cents a share, slightly wider than the consensus estimate of 12 cents a share. Revenue rose 44% year-over-year to $2.7 million, well short of analysts' expectations of $3.9 million. Nanosphere also reduced its full-year revenue guidance to $14 million and 175 to 200 new customer placements, down from a range of $19 million to $20 million and 200 new customer placements. Analysts expect revenue of $19.31 million for the fiscal year. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant...
Bears owe Cook County $4 million in delinquent taxes
Chicago Tribune - 7 Aug 2014 19:12Pizza Hut Is Having Serious Trouble Capturing American Diners
Business Insider - 7 Aug 2014 19:11
Yum! Brands Pizza Hut's sales have been declining for over a year. The nation's largest pizza chain "appears to be losing favor with American diners," writes Venessa Wong at Bloomberg... Businessweek. Meanwhile, competitors Domino's and Papa John's have enjoyed single-digit boosts in sales for the past few quarters. Why is Pizza Hut faring so much worse than competitors? According to Wong, the new menu items have failed to entice customers. Pizza Hut's latest promotions include two variations of a cheese stuffed crust pizza, and a BBQ pizza endorsed by country singer Blake Shelton. The brand just launched a new Hershey's chocolate-chip dessert pizza. Domino's has an endless stream of new menu items, most recently the breaded specialty chicken enhanced with cheese and sauces. ...Wall Street Didn't Win--Financial Reform Is Working
Time - 7 Aug 2014 19:11
The political system made the financial system more resilient--though not immune--to crisesStocks Turn Negative on Ukraine Concerns
NBC News - 7 Aug 2014 19:11Stocks turned decisively lower as Wall Street echoed action in European markets while on alert for signs of escalation in the conflict in Ukraine.
Why Dun & Bradstreet (DNB) Stock Is Rising Today
The Street - 7 Aug 2014 19:10NEW YORK (TheStreet) -- Dun & Bradstreet shares are up 1.9% to $112.17 on Thursday, a day after reporting second quarter earnings of $1.47 per diluted share that was 12 cents ahead of analysts... consensus estimates.Also, the commercial data company announced today that it was hiring advertising company Droga5 to remake its public image.Some of Droga5's clients include Motorola , Microsoft Bing, Prudential and Kraft Foods . Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates DUN & BRADSTREET CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate DUN & BRADSTREET CORP...
Bright Lights of Finance Head to Low-Key Camp
Wall Street Journal - 7 Aug 2014 19:07Each year, a tiny fishing resort in Maine is transformed into the site of an invitation-only economic summit that has been compared to Jackson Hole and Davos.
It Is Perfectly Moral To Torture A Robot
Business Insider - 7 Aug 2014 19:07
Kyle Russell/Business Insider The IT-O Interrogator droid from "Star Wars" Carnegie Mellon University roboticist Heather Knight recently published a paper on the nature of the relationship between... humans and robots. Knight arrives at the conclusion that humans and robots need each other to be at their most productive -- robots are efficient workers that never get bored, and humans have the proper sense to give the robots well-defined instructions on what to do, or else they wouldn't do anything at all. Early in the paper, Knight addresses the question of how humans "ought" to treat machines. She argues that "the more we regard a robot as a social presence, the more we seem to extend our concepts of right and wrong to our [behavior] toward them." In other words, understand that robots...Obama Is Considering Airstrikes To Help Tens Of Thousands Of Iraqis Trapped On A Mountain
Business Insider - 7 Aug 2014 19:06
AP President Barack Obama is considering airstrikes and emergency-relief airdrops of food and medicine to aid approximately 40,000 religious minorities in Iraq threatened by advances from the... extremist Islamic militants. The New York Times reports Obama is mulling his options amid the budding "humanitarian crisis." The extremist group the Islamic State of Iraq and the Levant (ISIS) has threatened tens of thousands of Iraqis who belong to the Yazidi religious sect who are trapped on Mount Sinjar without access to food, water, or other aid. It has given the Yazidis a near-impossible dilemma -- leave and risk being killed by the militants, or stay and hope aid comes their way. The options Obama is considering include aid drops on Mount Sinjar or airstrikes against the ISIS militants at...Has Chesapeake Energy Really Done as Terribly as It Seems?
The Street - 7 Aug 2014 19:06NEW YORK (TheStreet) -- Chesapeake Energy recently failed to meet market expectations on its earnings per share in its second-quarter earnings report. Analysts estimated the adjusted EPS to reach 44... cents a share, while the company's actual EPS was 36 cents a share -- 8 cents lower than market projections. Does this mean the company didn't reach its quarterly goals in terms of production and costs? Let's analyze the progress of Chesapeake in the past quarter and see if it actually did as poorly as it seems.
Is Tiger Woods In Denial About Latest Back Injury, Career?
Forbes - 7 Aug 2014 19:06
Tiger Woods' struggles with injuries and on the course continue but, if you listen to him talk, you would never know anything is wrong.Tiger Woods - The Celebrity 100
Forbes - 7 Aug 2014 19:06
Photos of the Celebrity 100N.C.A.A. Votes to Give Greater Autonomy to Richest Conferences
The New York Times - 7 Aug 2014 19:04
The Division I board of directors approved the first step toward an informal aristocracy that will give five powerful conferences the ability to to make their own rules on some athletic issues.ISIS, Which Might Control Iraq's Most Important Dam, Compared Itself To Noah's Flood In Its English Language Magazine
Business Insider - 7 Aug 2014 19:03
azelin.files.wordpress.com On July 27, ISIS published the latest release of one of their English language propaganda magazines, Dabiq, with the headline "The Flood." "It's Either The Islamic State Or... The Flood," the cover headline continued. The timing of the release could not be more concerning, as ISIS might actually have the ability to flood Iraqi population centers. Competing reports have emerged that the militant organization has taken control of the Mosul Dam, allowing the jihadists to unleash torrents of water that woudl reach all the way to Baghdad. Aaron Zelin, the Richard Borow Fellow at the Washington Institute, published the contents of the latest issue. The magazine is almost entirely dedicated towards ISIS' self-justification of its extremist ideology, explained through...US airlines running behind schedule so far in 2014
News Observer - 7 Aug 2014 19:02More U.S. flights arrived late in June than the month before, continuing a string of poor performances by the nation's airlines.
High Yield Bonds: After Tumultuous July, ETFs Stabilize
Forbes - 7 Aug 2014 19:02
Most of the high-yield ETFs have stabilized this week, settling into a new context after an approximate 3% decline in July. For example, the largest, HYG, yesterday was essentially steady, closing at... $92.55 per share, for a gain of 0.6% since Friday, a decline of 0.7% week over week, and a decline of 2.8% since the end of June, trade data show.New pics of Apple spaceship campus reveal massive size
Venture Beat - 7 Aug 2014 19:01
Apple is building a crazy, new, gigantic, round-shaped campus, and the tech giant just published a new aerial view of the thing Tuesday. The photo appeared at the city of Cupertino’s website, and... this view gives a clearer idea of the sheer size of the thing. It’s massive. Reports from a few weeks ago say the new […]Monkeys take 'selfies,' sparking copyright dispute
News Observer - 7 Aug 2014 19:01Monkey see, monkey do. But when a monkey takes a selfie, who owns the copyright?
There's A Horrible Hoax Involving Intel And The Israeli/Gaza Conflict Going Around (INTC)
Business Insider - 7 Aug 2014 19:01
AP Intel CEO Brian Krzanich Someone has sent out a fake but official-looking press release trying to drag Intel into the Israeli/Gaza conflict. "It's a hoax," Intel spokesperson Chuck Mulloy told... us. Intel is being targeted because it's a huge employer in Israel and is in the process of building a $6 billion facility there. The fake press release falsely announces that Intel is suspending those investments. And the people perpetrating the hoax are going all out to make it look official. Not only have they set up a spoof website that looks like Intel's real PR site, but they have a guy answering the phone number included in the press release. We called the number and a man with an American accent answered, "Hello?" We asked him if he was Intel PR and he said he was and then tried to...Bank of America Settlement Will Again Bypass Hardest Hit States
The Street - 7 Aug 2014 19:01NEW YORK (TheStreet) -- Bank of America's much-anticipated settlement for more than $16 billion with state and federal authorities will be announced next week at the earliest, with states including... New York, Illinois and California again getting cash payments to settle individual claims as they did in earlier deals with Citigroup last month and JPMorgan Chase in November, say at least two sources with knowledge of the negotiations. WATCH: More market update videos on TheStreet TV Two other states received cash payouts settling individual claims they brought against Citigroup and JPMorgan: Delaware and Massachusetts. It was unclear at the time of publication whether either will see payouts in the Bank of America settlement. At least two other states that did not get payouts in either...
Are Oncologists Recommending The Best Treatments For Patients?
Forbes - 7 Aug 2014 19:00
Medical bias comes in many forms. For the past couple of weeks, Dr. Robert Pearl has exposed conflicts of interest in medical research and radiation therapy. This week, he sets his sights to the... economic motivations behind doctors buying and reselling drugs to their patients.Wendy's Needs a New Recipe to Draw Growth-Hungry Investors
The Street - 7 Aug 2014 19:00NEW YORK (TheStreet) - Whatever you may think about fast-food giant Wendy's offerings, its stock has been anything but appetizing. Shares are currently trading at around $8 per share and are down... nearly 7% for the year to date, trailing McDonald's and Yum! Brands , which have lost 4% and 8%, respectively, during the same span. Outside of Chipotle Mexican Grill there are very few restaurant stocks worth owning these days. Weak same-store sales and declining foot traffic continue to weigh down the sector.
All LeBron Ever Needed Was Love and Now He's Getting Him
Forbes - 7 Aug 2014 18:59
Some NBA trades look good on paper but don't work on the floor. The one the Cavaliers are about to make, acquiring Minnesota's Kevin Love to put alongside LeBron James, is the best kind. Not only does... it look spectacular on paper, it's guaranteed to work on the floor.'I Was Scared To Death': What It's Like To Be A Doctor In A Supermax
Business Insider - 7 Aug 2014 18:57
William Wright William Wright After 30 years as an ear surgeon and a short-lived retirement, William Wright replied to an ad for a physician position at the Colorado State Penitentiary (CSP), the... state's maximum security prison housing the most violent and dangerous adult male offenders. His eight-year experience as a general medicine doctor at CSP is now the basis of a book called "Maximum Insecurity: A Doctor In The Supermax." Business Insider spoke with Wright recently about what the prison is like from a doctor's perspective. Wright sought the position at CSP because it was different from anything he'd done before, and he even thought it would be fun. But that wasn't how he felt on his first day. "I was scared to death," he told Business Insider. "I had never been inside a prison,...Pozen earns profit in Q2, plans additional staff cuts
News Observer - 7 Aug 2014 18:56Pozen reported a big increase in royalty revenue in the second quarter and said it is still on a path to be profitable for the year.
4 Mistakes To Avoid in Staff Meetings
inc - 7 Aug 2014 18:55
You may believe that periodic all-hands meetings are vital to your company, but many of your employees likely feel differently. Here's how to hold their attention the next time around.Stocks Turn Lower as Investors Watch Earnings
The New York Times - 7 Aug 2014 18:55Stratasys and 21st Century Fox gained on higher earnings, and a report showed that new applications for unemployment benefits fell last week.
Why Ann (ANN) Stock Is Sinking Today
The Street - 7 Aug 2014 18:55NEW YORK (TheStreet) -- Shares of Ann Inc. are lower by -5.10% to $36.10 on heavy volume in early afternoon trading on Thursday, after the company lowered its sales guidance for the 2014 second... quarter. The women's clothing and accessories company, which owns the Ann Taylor and LOFT brands, said it is expecting a 2.3% decline in comparable net sales to $648 million versus its previous forecast of $670 million. "Despite positive performance through mid-June, the remainder of the second quarter proved more challenging, with soft traffic across the industry and a highly promotional environment," said Ann CEO Kay Krill. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months....
21st Century Fox Jumps on Earnings Beat: Tech Winners & Losers
The Street - 7 Aug 2014 18:54NEW YORK (TheStreet) -- 21st Century Fox shares rose 7.5% to $34.76 after reporting strong quarterly earnings. For its fourth quarter, which ended June 30, the media giant reported earnings of $8.42... billion, a 17% increase year-over-year, and earnings of 42 cents per share. Analysts polled by Thomson Reuters expected earnings of 38 cents per share on revenues of 7.99 billion. Revenue in Cable Network Programming was $3.35 billion, up from $2.95 billion in the same quarter last year. In the Filmed Entertainment segment, revenue grew 38% year-over-year to $2.80 billion, led by the international releases of X-Men: Days of Future Past, Rio 2, and The Fault in Our Stars, which have grossed $740 million, $490 million, and $260 million, respectively, in worldwide box office to date. In the...
How Will Fujifilm (FUJIY) Stock Be Boosted By Ebola Drug Approval?
The Street - 7 Aug 2014 18:54NEW YORK (TheStreet) -- Shares of Fujifilm Holdings Corp. are up 8.83% to $30.92 after it was reported that U.S. government researchers are working to get an experimental flu drug from the... Japan-based company quickly approved to treat Ebola, as the death toll in West Africa increases, Bloomberg reports.. Fujifilm's U.S. partner MediVector Inc. in Boston is in talks with the FDA to submit an application to use the drug in humans for Ebola, according to the Defense Department. If successful, the treatment drug would be one of the first allowed by U.S. regulators to fight the disease in humans, Bloomberg said. The DOD prioritized the completion of a study that tests the drug called favipiravir in Ebola-infected monkeys. The drug can be fast-tracked through the regulatory review process...
Corner Office: Logan LaHive, Chief Executive of Belly, on Appropriate Company Values
The New York Times - 7 Aug 2014 18:53
Logan LaHive, the chief of Belly, a customer rewards business, says he "can't stand walking into a company that has seven values on the wall that no one actually cares about or can remember."Spying revelations lead to German encryption boom
Miami Herald - 7 Aug 2014 18:53
Revelations about the National Security Agency's electronic eavesdropping capabilities have sparked anger in Germany and a boom in encryption services that make it hard for the most sophisticated... spies to read emails, listen to calls or comb through texts.How An Early Facebook Employee Messed Up, Got Fired, And Cost Himself $185 Million
Business Insider - 7 Aug 2014 18:53
Flickr/Heather Vescent Noah Kagan. Noah Kagan is the founder of a successful product marketing platform, SumoMe. But he could have been much more financially successful at a younger age -- if he... hadn't royally messed up. When Kagan was 24, he was hired as Facebook's 30th employee. He joined the company when it was one year old; it had a few million users and was getting 50,000 new signups per day. Kagan was given two salary options when he joined: A $60,000 base and .1% of the company (20,000 shares) A $65,000 base and .05% of the company Kagan selected the first option, and the stock options would have made him worth about $185 million today. But nine months later, he was fired. In his mind, he made four mistakes that led Facebook to believe he was a "liability" and that he needed to be...Wonkblog: Europe's low inflation is sending it into a lost decade
Washington Post - 7 Aug 2014 18:52They had one job. The European Central Bank (ECB) was supposed to keep inflation close to, but below, its 2 percent target. It's failed miserably, and it's not going to stop anytime soon. In July,... euro inflation ticked down to a measly 0.4 percent. Core inflation, which excludes volatile food and energy prices, was steady and a little bit closer to the ECB's goal, at 0.8 percent, but even that's down from a year ago.
A Cheaper Choice for College Loans
Wall Street Journal - 7 Aug 2014 18:51Some private college loans now carry lower rates than federal Plus loans, a reversal from as recently as a year ago.
Dunbar's Number And The Need For Relationship Management
Forbes - 7 Aug 2014 18:51Dunbar's number is “a suggested cognitive limit to the number of people with whom one can maintain stable social relationships,” according to Wikipedia. “These are relationships in which... an individual knows who each person is and how each person relates to every other person.”
Mexico's And Brazil's Auto Industries Couldn't Be More Different Right Now
Business Insider - 7 Aug 2014 18:50
High Gear Media The Honda Fit is a vehicle manufactured in Mexico that's exported to the U.S. Times are good for the Mexican auto industry. But in Brazil, they aren't so great. As Dudley Althaus and... Rogerio Jelmayer report at The Wall Street Journal, the difference between the two Latin American countries comes down to exports. They label Mexico a "stellar export platform," sending cars to resurgent North American market. Brazil, on the other hand, sells most of its cars inside Brazil and exports mainly to neighboring Argentina, whose economy is reeling. The numbers, according to Althaus and Jelmayer, are stark: Mexico exports 83% of the cars its makes, while Brazil keeps 85% within its borders. It might seem odd at first to consider that a large domestic market could be a liability for a...Spying revelations lead to German encryption boom
News Observer - 7 Aug 2014 18:49Revelations about the National Security Agency's electronic eavesdropping capabilities have sparked anger in Germany and a boom in encryption services that make it hard for the most sophisticated... spies to…
DealBook: How Obama Can Stop Corporate Expatriations, for Now
The New York Times - 7 Aug 2014 18:48
The Treasury Department has tools at its disposal to reduce the incentives for companies to give up United States citizenship, Victor Fleischer writes in the Standard Deduction column.In Boom or Bust, Is HR Worth It?
Forbes - 7 Aug 2014 18:48When economic hard times strike, the training budget is often one of the first to be slashed. Seen by some as a ‘nice to have’ in prosperity, scaling back training seems an easy way to reduce... outgoings and focus more on profit-generating activities in order to stay afloat. Is this the right approach for start-ups unsure where best to invest? Research which tracked the financial performance of 359 firms before and after the Great Recession provides some answers.
Norway's Statoil comes up dry at Arctic wells
Miami Herald - 7 Aug 2014 18:48
Norway's Statoil ASA has found no commercial quantities of oil and gas at the northernmost wells it has ever drilled in the Arctic, the government-controlled company said Thursday.Views and Service in Seattle
Wall Street Journal - 7 Aug 2014 18:47The owners of this apartment at the Four Seasons miss the concierge, the chocolate shop and even the rain.
The Entrepreneurial Mindset vs. My Eye-Rolling Teenager
inc - 7 Aug 2014 18:46
Opportunities you see are a function of how you look at the world rather than your circumstances. See things through the entrepreneur's lens, which flips problems into opportunities, and more and... better choices appear. If you don't expose your children to this way of thinking, they won't see all the available opportunities and they won't make the most informed choices about their futures.Chevrolet will debut next plug-in Volt in January
USA Today - 7 Aug 2014 18:46
The extended-range electric could get a smaller gas engine AOL Earnings: What Wall Street's Saying
The Street - 7 Aug 2014 18:46NEW YORK (TheStreet) -- Digital media company AOL reported better-than-expected second-quarter earnings, driven by its increased investment in the programmatic advertising space. New York-based AOL... increased sales in the automatic and real-time ad-buying business 100% year over year, a major factor in the 20% jump in global advertising revenue recorded over the quarter. "Advertisers aren't saying they want to spend less, they want better ROI, and better targeting. And we've done an exceptional job [providing that]," CEO Tim Armstrong said of the programmatic offering's success in a post-earnings conference call.
MarketWatch First Take: News flash: The rich are rich, and the poor are poor
Market Watch - 7 Aug 2014 18:45New research shows we've been underestimating just how wealthy the top 1% are, but it's not a shock to learn that the rich are rich, writes Rex Nutting
The consumer isn't dead after all
Market Watch - 7 Aug 2014 18:45The consumer discretionary sector has been the weakest of the S&P sectors this year, but recent share price performance and company reports suggests consumers may be coming back to life.
H&M opens on Connecticut Ave. in former Filene's Basement location
Washington Post - 7 Aug 2014 18:45At 11 a.m., an hour before H&M opened in downtown Washington, hundreds waited in lines that snaked along Connecticut Avenue and Desales Street in Northwest Washington. Beyonce's "All the Single... Ladies" blared through loudspeakers while employees handed out Georgetown Cupcakes -- which, for many, would be breakfast.
Will RadioShack's Suppliers Let It Live Through The Holidays?
Forbes - 7 Aug 2014 18:42
By Reshmi BasuWhy Roundy's (RNDY) Stock Is Down Today
The Street - 7 Aug 2014 18:42NEW YORK (TheStreet) -- Roundy's was falling 14.4% to $4.24 Thursday after missing analysts' estimates for earnings in the second quarter. The grocery store operator reported a loss of -6 cents a... share for the second quarter, missing the Capital IQ Consensus Estimate of 10 cents a share by 16 cents. Revenue grew 11.9% from the year-ago quarter to $971.9 million. Analysts expected revenue of $942.76 million for the quarter. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates ROUNDY'S INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation: "We rate ROUNDY'S INC (RNDY) a SELL. This...
Turkey's Leaders Are In Danger Of Scuttling A Major Natural Gas Project With Israel
Business Insider - 7 Aug 2014 18:41
AP Photo/Visar Kryeziu Turkish Prime Minister Recip Tayyip Erdogan Throughout Israel's military operation in Gaza, Turkish Prime Minister Tayyip Erdoğan appeared committed to outdoing himself in his... hyperbolic criticism of Israel. A series of references to Israel massacring the population of Gaza culminated with accusations that Israel had "surpassed Hitler in barbarism." The comments marked only the latest nadir in Turkey-Israel relations. Israeli Prime Minister Benjamin Netanyahu has typically been muted in his responses to Erdoğan's previous outbursts. But Netanyahu reacted differently to his Turkish counterpart's latest paroxysm. He called Erdoğan's comments anti-Semitic, and downgraded diplomatic relations with Turkey to the "minimum required". In the scheme of the four-plus year...Why Jim Cramer Says Buy Time Warner (TWX) Despite Fox's (FOXA) Actions
The Street - 7 Aug 2014 18:41NEW YORK (TheStreet) -- TheStreet's Jim Cramer asks if Twenty-First Century Fox would come back to Time Warner and notes Rupert Murdoch's company said repeatedly on its conference call that... it would not. Cramer says investors own Fox because of earnings, specifically in cable and film. He thinks the stock is terrific but notes it just moved 10%, and he never tells people to buy a stock after it rises 10%. He would, however, like to buy Time Warner down 10% because he thinks CEO Jeffrey Bewkes will get the stock back to where it was, though Cramer says this could take 18 months to two years. Must Watch: Jim Cramer: Buy Time Warner When it Drops Even if Fox Will Not STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the...
DealBook: 3 Private Equity Firms Agree to Settle Lawsuit on Collusion
The New York Times - 7 Aug 2014 18:40
K.K.R., Blackstone and TPG agreed to pay $325 million to settle claims that they drove down the prices of corporate takeover targets. The lone holdout is the Carlyle Group.Restaurant Charging 'Minimum Wage Fee' Due To Minnesota Wage Hike
TPM - 7 Aug 2014 18:40A restaurant in Stillwater, Minn. has started charging patrons a 35 cent "minimum wage fee" now that the state has raised the minimum wage, according to the Star Tribune. The wage jumped from $7.25 to... $8 an hour on Aug. 1, and Oasis Cafe owner Craig Beemer said he needs the fee to offset the wage increase.
Twitch Will Mute Videos With Copyrighted Music
Fast Company - 7 Aug 2014 18:39
The live-streaming startup is also removing the option to store past broadcasts in their entirety forever. Neither Twitch nor Google have confirmed YouTube's rumored billion-dollar acquisition of the... live-streaming gaming site. But some suspect Twitch's latest changes--flagging videos with copyrighted music and no longer storing broadcasts forever on its servers--are part of a larger effort cleaning house before Twitch officially joins the Google family. Read Full StoryWhy This Extremely Hyped-Up Startup Completely Disappeared For Two Years
Business Insider - 7 Aug 2014 18:39
Reuters Waiting for their devices to charge. Back in 2012, a little startup called uBeam got a ton of attention. It claimed that it was going to revolutionize wireless charging. uBeam received funding... from some big firms, like Andreessen Horowitz, Crunchfund, and Founders Fund's angel investing arm, as well as from tech stars like Marissa Mayer and Zappos cofounder Tony Hsieh. And then it kind of disappeared. uBeam was in complete stealth mode, staying under the radar by not updating its website and generally keeping everyone in the dark about what was going on with it. Everyone kind of forgot about it. But then this past Wednesday, uBeam resurfaced with an update and the assurance that they are one step closer to bringing a wireless charging technology to market. After three years...Why Ctrip.com International (CTRP) Stock Is Skyrocketing Today
The Street - 7 Aug 2014 18:39NEW YORK (TheStreet) -- Shares of Ctrip.com International Ltd. are up 9.75% to $66.35 in midday trading on very heavy volume following the Shanghai-based company's announcement of the expansion of... its existing commercial agreement with online travel company, Priceline Group Inc. . The partnership between the world's largest online travel group and China's largest online travel company will promote tourism to and from China. Expanding the deal will allow Ctrip's customers to reach Priceline Group's global portfolio of 500,000 accommodations outside of China, and in turn, Priceline Group's customers will have access to Ctrip's 100,000 accommodations in China. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can...
A Rare Look Inside The Studio Of One Of The World's Most Famous Taxidermists
Business Insider - 7 Aug 2014 18:37
Steven Hirsch If you've ever gone to the American Museum of Natural History in New York City, you've seen David Schwendeman's work. Where ever you see a taxidermied bird swooping or animal running,... there's a good chance Schwendeman's artful hands carefully crafted that creature in lifelike, frozen animation. Schwendeman was the last full-time taxidermist employed at the museum, a position he held until 1986, when he retired to his hometown studio, in Milltown, New Jersey. Schwendeman passed away in 2012 at the age of 87. Photographer Steven Hirsh was always interested in taxidermy, too, though he never pursued it as a career. Shortly before Schwendeman's death, Hirsch had the chance to photograph Schwendeman's studio. Hirsch shared the photos and some insight into his experience with...GOP Congressman's Tweet Confesses Love Of 'Shagging'
TPM - 7 Aug 2014 18:36The Twitter account for Rep. Stephen Fincher (R-TN) posted a message on Tuesday about a love of "shagging", according to The Hill.
Newsstand Sales of Celebrity Magazines Decline
The New York Times - 7 Aug 2014 18:36Data released by the Alliance for Audited Media showed celebrity magazines like InStyle suffered mightily on the newsstand in the first half of 2014.
How Wall Street Tobacco Deals Left States With Billions in Toxic Debt
The Street - 7 Aug 2014 18:35By Cezary Podkul, ProPublicaIn November 1998, attorneys general from across the country sealed a historic deal with the tobacco industry to pay for the health care costs of smoking. Going forward,... nearly every cigarette sold would provide money to the states, territories and other governments involved -- more than $200 billion in just the first 25 years of a legal settlement that required payments to be made in perpetuity. Then, Wall Street came knocking with an offer many state and local politicians found irresistible: Cash upfront for those governments willing to trade investors the right to some or all of their tobacco payments. State after state struck deals that critics derided as "payday loans" but proponents deemed only prudent. As designed, private investors -- not the taxpayers...
Why Fred's (FRED) Stock Is Down Today
The Street - 7 Aug 2014 18:35NEW YORK (TheStreet) -- Fred's issued an update to its second quarter earnings guidance today projecting a quarterly loss of -15 cents per share to -20 cents per share, compared to the Thomson... Reuters analysts' estimate of six cents per share.Shares of Fred's are down -3.57% to $15.94.The southeastern U.S. discount retailer said it expects to report a loss in the second quarter, citing vendor-related cost pressures on pharmacy sales and transitional costs from the company's convenience center model. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The company issued revenue guidance of $490.6 million, compared to the consensus revenue estimate of...
Pessimism Among Individual Investors Surges
Forbes - 7 Aug 2014 18:35Pessimism among individual investors jumped to its highest level in nearly a year in the latest AAII Sentiment Survey. The spike in expectations for a short-term drop comes as neutral sentiment fell... to levels not seen since January.
A Texas County Sees Opportunity in Toxic Waste
The New York Times - 7 Aug 2014 18:34
Officials in Loving County, population 95, hope the federal government -- with $28 billion to spend on the disposal of high-level radioactive waste -- will consider it as a storage site.Help Us Find 30 Of The Most Important Women Under 30 In Tech!
Business Insider - 7 Aug 2014 18:34
Business Insider is asking our readers to nominate the most important women under 30 in tech. Whether they're startup founders, executives, programmers, angel investors, or venture capitalists, we... want to know who they are. Here's what we want: The names of at least two influential women (including a headshot, age, explanation of why you think she deserves to be on the list, and links to her company or firm). If you're nominating yourself, or someone from your company, please also nominate a woman from a competing company. Email your nominations to Maya Kosoff at [email protected]. You can check out our 2013 roundup of the 30 most important women under 30 in tech here. SEE ALSO: The 30 Most Important Women Under 30 In Tech Join the conversation about this story »Sprint May Finally Be Ready for Lift-Off as the Bears Descend
The Street - 7 Aug 2014 18:33NEW YORK (TheStreet) -- Right now it seems no one likes Sprint . Its decision to stop pursuing a merger with T-Mobile US caused a drop of 20% in the shares in just one day. Sprint opened today at $6,... then dropped 10 cents, a price last seen in October. It is now at $5.93, down 45% for the year to date and down nearly 15% for the past 52 weeks. Most analysts have moved on to looking at other potential T-Mobile merger partners.
Feds: NYers cut spending slightly during recession
Miami Herald - 7 Aug 2014 18:33New federal government statistics show consumer spending in New York stuttered only slightly at the end of the Great Recession after more than a decade of year-over-year gains and rebounded after... 2009, according to new federal government statistics released Thursday.
Jobless Claims Report: US Labor Department Says Four-Week Average Is Lowest In 6 Months
IBTimes - 7 Aug 2014 18:31(Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a further strengthening of labor market conditions. Initial claims for state... unemployment benefits decreased by 14,000 to a seasonally adjusted 289,000 for the week ended Aug. 2, the Labor Department said on Thursday. The prior week's claims were revised to show 1,000 more applications received than previously reported.
Why L Brands (LB) Stock Is Gaining Today
The Street - 7 Aug 2014 18:29NEW YORK (TheStreet) -- L Brands shares are up 3.3% to $61.14 on Thursday after the company reported strong July sales that its expects to push second quarter earnings towards the high end of its... previous guidance of between 57 cents and 62 cents per diluted share.The Victoria's Secrets and Bath & Body Works retail operator reported that same store sales rose by 6% in July, well ahead of Thomson Reuters analyst estimates of a 1.8% gain.L Brands is set to release its earnings report on August 21. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates L BRANDS INC as a Hold with a ratings score of C+. TheStreet Ratings Team has...
Apple Scores Second Quarter Gains In Advance Of iPhone 6
The Street - 7 Aug 2014 18:28NEW YORK (TheStreet) -- Apple increased iPhone subscriber numbers according to the latest U.S. smartphone survey from comScore , ahead of the long awaited release of Apple's next iPhone, slated to... be launched in September. According to data from the firm's Mobile Lens/Mobile Metrix report, more than 173 million Americans owned smartphones in the second quarter, good enough for a 71.6% market penetration, up more than 4% from the first quarter results. Apple saw a nearly 1% jump in market share over the three months ending in March, as Apple's share grew to 42.1% from 41.4% in the quarter. During the quarter, Apple shipped 35.2 million iPhones, on its way to generating $37.4 billion in revenue.
Coke Bottles Inadvertently Become Promo For 'Mambo No. 5'
The Huffington Post - 7 Aug 2014 18:27
It was bound to happen? A Redditor found a Coke machine that lined up all of the names from Lou Bega's "Mambo No. 5." Monica, Erica, Rita, Tina, Sandra, Mary and Jessica were spotted lined up next to... each other, prompting Reddit users to give props to Coke's spot-on PR team / vending machine stockers/ merry pranksters. And as the song goes, "A little bit of Monica in my life, a little bit of Erica by my side, a little bit of Rita is all I need, a little bit of Tina is what I see, a little bit of Sandra in the sun, a little bit of Mary all night long, a little bit of Jessica, here I am..." [Buzzfeed via Reddit]Obama Says Problems At VA Were 'Wrong' And 'Outrageous'
Business Insider - 7 Aug 2014 18:27
AP President Barack Obama spoke at Fort Belvoir, Virginia Thursday prior to signing a bill designed to reform the Department of Veterans Affairs. In his speech, Obama said the bill was designed to... address issues at the agency that led to "wrong" and "outrageous" incidents of long wait times for veterans seeking healthcare and attempts by officials to coverup poor performance. "We set out to fix it, and to do right by our veterans across the board," Obama said. The president described the VA reform bill as part of the nation's "sacred obligation" to serve veterans. He also noted it "passed overwhelmingly with bipartisan majorities." "This bill will help us ensure that veterans have access to the care they have earned," said Obama. The $16.3 billion VA reform bill will create additional...The FCC wants to hear what you think about AT&T buying DirecTV
Washington Post - 7 Aug 2014 18:26The Federal Communications Commission has begun taking public comments as part of its consideration of the AT&T-DirecTV merger, a $49 billion affair that would combine the nation's biggest satellite... TV provider with its second-biggest wireless carrier.
Emails prove Zuckerberg bailed on promise: lawyer
New York Post - 7 Aug 2014 18:25
New emails filed in California state court prove that Mark Zuckerberg tried to get out of a promise to hook up a real estate developer with some of his high-powered...Trump Versus Bon Jovi In Battle For Football Team
TPM - 7 Aug 2014 18:25BUFFALO, N.Y. (AP) -- The sale of the Buffalo Bills entered the next phase with prospective ownership groups, including Donald Trump, meeting with team officials to prepare formal bids.
Fannie, Freddie report drop in profits for 2nd quarter, as settlement income declines
Washington Post - 7 Aug 2014 18:24The mortgage giants Fannie Mae and Freddie Mac reported Thursday that their second-quarter profits will enable them to send $5.6 billion to the U.S. Treasury, even though the profits were markedly... lower than they were the previous quarter.
T-Mobile CEO plans to unseat No 3 U.S. carrier Sprint this year
Reuters - 7 Aug 2014 18:21WASHINGTON
Why Microsoft (MSFT) Stock Is a 'Buy' at TheStreet
The Street - 7 Aug 2014 18:21NEW YORK (TheStreet) -- TheStreet Ratings team reiterated its "buy" rating for Microsoft Thursday with a ratings score of A-. Shares of the company were gaining 1.1% to $43.20. About 13.8 million... shares of Microsoft were traded by 12:15 p.m., compared to a daily average trading volume of about 29 million shares. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates MICROSOFT CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation: "We rate MICROSOFT CORP (MSFT) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the...
Why Radian Group (RDN) Stock Is Climbing Today
The Street - 7 Aug 2014 18:21NEW YORK (TheStreet) -- Shares of Radian Group Inc. are higher by 5.45% to $13.44 in early afternoon trading on Thursday, following the company's 2014 second quarter earnings results, which showed... net income of $174.8 million, or 78 cents per diluted share, compared to a net loss of -$33.2 million, or -19 cents per share for the year ago quarter. Radian, a mortgage insurer, said it attributes the growth in profit to an improvement in the housing market, the closing of its Clayton acquisition, and "strong credit trends for our mortgage insurance business." Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Separately, TheStreet Ratings team rates RADIAN...
Time Warner vs. 21st Century Fox: What Wall Street's Saying
The Street - 7 Aug 2014 18:20NEW YORK (TheStreet) -- It wasn't without a degree of awkwardness that Time Warner reported second-quarter earnings just over 12 hours after former suitor 21st Century Fox retracted its $80 billion... acquisition bid. Any inkling of financial weakness from Time Warner would have made CEO Jeff Bewkes look foolish for rejecting Fox Chairman Rupert Murdoch's solicitation. For Fox too, which reported after the bell Wednesday, softness in growth would have made the offer's withdrawal look like a desperate attempt to save face after over-estimating buying power. But both companies averted such embarrassments by each reporting strong respective quarters. Time Warner, buoyed by HBO shows Game of Thrones and True Detective and home entertainment sales of The Hobbit and The Lego Movie,...
Why Molycorp (MCP) Stock Is Up Today
The Street - 7 Aug 2014 18:19NEW YORK (TheStreet) -- Molycorp rose Thursday after the company announced a $400 million financing agreement in conjunction with second-quarter results that missed analysts' expectations. The... mining company announced it had secured the financing from Oaktree Capital Management, which will provide the money in secure financing through credit facilities, as well as the sale and leaseback of some equipment at Molycorp's Mountain Pass facility. For the second quarter, Molycorp reported a loss of 29 cents a share, slightly wider than the consensus estimate of 28 cents a share. Revenue dropped 14.5% year-over-year to $116.9 million, short of analysts' expectation $130.97 million. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful...
Draghi Holds Despite Disappointing Data
Boston - 7 Aug 2014 18:16The hot phase of the crisis was declared over - but all's still not well in the euro zone. The latest - worrying signs out of the region's engine, Germany. Europe's largest economy may have stalled in... the second quarter - judging from June's industrial output data. It only just grew on the month and comes a day after figures showing industrial orders also fell in June.
Companies Warn Inversion Crackdown Carries Risks
Boston - 7 Aug 2014 18:16Talk of cracking down on U.S. corporations that move offshore is making some other companies nervous--notably, foreign-owned concerns, which are warning of cuts to their U.S. employment or investment... if they're caught in the cross hairs. John McKinnon joins MoneyBeat.
US Stocks Edge Lower in Late Morning Trading
ABC News - 7 Aug 2014 18:15US stocks edge lower as investors assess earnings; Treasury yields drop to lowest of the year
Beacon for Travelers: It's National Lighthouse Day
NBC News - 7 Aug 2014 18:15
Initially built to keep travelers at a safe distance, America's lighthouses now attract millions who want to get as close as possible.THE DRONES REPORT: Market Forecast For The Growing Business Opportunity In Commercial Aerial Drones
Business Insider - 7 Aug 2014 18:15
BII While drones are unlikely to become a part of our daily lives in the immediate future, they will soon begin taking on much larger roles for businesses and some individual consumers, from... revolutionizing private security, to changing the way farmers manage their crops -- perhaps even aerial advertising. We predict that 12% of an estimated $98 billion in cumulative global spending on aerial drones over the next decade will be for commercial purposes. In a new report from BI Intelligence, we size the commercial and military drone market to estimate how big the drone industry could become, and which industries are most likely to see drones become part of their business model in the next few years. We also look at what components industries, like GPS and sensors manufacturers, will be...Is China Deliberately Hampering Foreign Competition?
inc - 7 Aug 2014 18:14
International companies are feeling increasingly unwelcome in China as regulatory investigations continue.Oil boom and housing bust alter US spending trends
Miami Herald - 7 Aug 2014 18:13
Consumer spending has soared since the Great Recession ended five years ago in U.S. states with oil and gas drilling booms and has lagged in states hit especially hard by the housing bust.Darling strikes a blow for the Union
MoneyWeek - 7 Aug 2014 18:10Alistair Darling came out on top in his TV debate with 'Yes' campaign leader Alex Salmond. Emily Hohler reports. The post Darling strikes a blow for the Union was first published on MoneyWeek.
FYI: The New Foursquare App Will Track Your Location Even When Closed
Fast Company - 7 Aug 2014 18:09
Is anyone surprised? Foursquare revealed a splashy overhaul yesterday that transformed the location service into an app that serves up smart suggestions for your next meal. It knows what you want to... eat before you do. But, tucked behind the glitzy redesign and pink-colored branding is a major new feature that the Wall Street Journal suggests "some users might find creepy." Read Full StoryFannie, Freddie Post Profits in 2Q; Pay Dividends
ABC News - 7 Aug 2014 18:08Mortgage companies Fannie Mae, Freddie Mac post profits in 2Q; pay dividends to US Treasury
Virginia GOP Official Who Posted Anti-Muslim Facebook Comments Resigns
The Huffington Post - 7 Aug 2014 18:08
Bob FitzSimmonds, the Republican official under fire for anti-Muslim comments he posted on Facebook, stepped down from his position as Virginia GOP treasurer Wednesday evening. FitzSimmonds sent an... email to the party's central committee in which he defended his comments, but resigned nonetheless: Let me say up front that I stand by the statement. It is historically accurate, was a valid criticism of the President's revisionist history, and not a statement on Muslim involvement in modern day America. Fox News, Rush Limbaugh, Allen West and others were criticized for making similar comments about the President's speech. However, it has become clear to me (and to all of you, I am sure) that the Washington Post and others are watching my Facebook posts and will not hesitate to take advantage...Two Tap raises $2.7M to push its universal shopping cart
Venture Beat - 7 Aug 2014 18:07
Two Tap wants to be a quick and easy shopping cart for e-commerce sites and it just raised $2.7 million to expand its client base.Bloomberg Makes Layoffs in Washington TV Unit, Cancels Al Hunt Show
The New York Times - 7 Aug 2014 18:06The layoffs, affecting about 25 people, come as the media company adds new websites and TV shows.
The lobbying fight behind Argentina's debt default
Washington Post - 7 Aug 2014 18:06Behind the courtroom conflict that has left Argentina in default lies an expensive international lobbying campaign designed to win the hearts, minds and votes of those who could influence the outcome... of the decade-long dispute between the Argentine government and a powerful group of hedge funds.
How to keep track of your passwords without going insane
Washington Post - 7 Aug 2014 18:05We can probably all agree that the password system, as it stands today, just isn't working. With the constant security breaches in the headlines, we're told regularly to beef up our passwords. But... even if we know how to make strong passwords, it's a pain to keep track of them all between every bank account, retailer and app demanding its own unique log-in.
US Stocks Give up an Early Gain, Turn Lower
ABC News - 7 Aug 2014 18:05US stocks give up an early gain and turn lower in midday trading; Bond yields fall
Why Atmel (ATML) Stock Is Falling Today
The Street - 7 Aug 2014 18:03NEW YORK (TheStreet) -- Shares of Atmel Corp are slipping -8.31% to $7.89 today after the company reported second quarter earnings in line with analysts' expectations, but revenue slightly below... the consensus estimate.Second quarter non-GAAP net income totaled $38.3 million, or 9 cents per diluted share, compared to the $25.3 million, or 6 cents per diluted share in the same quarter of 2013, and matching the 9 cents analysts expected.Revenue for the quarter was $355.5 million, a 2% increase compared to the $347.8 million from one year ago, but lower than the consensus estimate of $357 million. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Also,...
U.S. Dollar to Extend Gains as ECB Nears Quantitative Easing
The Street - 7 Aug 2014 18:03NEW YORK (TheStreet) -- PowerShares DB US Dollar Index Bullish may extend gains over the next year as a weakening European economy could lead the way to more aggressive stimulus by the European... Central Bank. The ECB left interest rates unchanged on Thursday, which was expected after the broad range of policy enacted in June.
The Utah Lawyers Who Are Making Legal Services Affordable
The Atlantic - 7 Aug 2014 18:02
A sliding-scale model plus a bit of creativity allows Open Legal Services to represent those with few other options.How Bank of America's $17B Mortgage Fraud Fine Stings Shareholders Too
The Street - 7 Aug 2014 18:02NEW YORK (TheStreet) -- Bank of America's pending $17 billion settlement to make its biggest remaining mortgage-related legal woes go away will let the bank's executives focus on the present and the... future again. And not a moment too soon, because BofA has plenty of work to do. Even if the settlement details are announced by early next week, as expected, investors will have to consider whether they really want to own shares in a bank that is still presiding over a shrinking base of loans -- in an economy the grew 4% in the second quarter -- and is still being held back by low interest rates.
Thursday's ETF Movers: CSD, KRE
Forbes - 7 Aug 2014 18:02In trading on Thursday, the Guggenheim Spin-Off ETF (CSD) is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Whitewave Foods... (WWAV), up about 8.3% and shares of CST Brands (CST), up about 7% on the day.
HSBC complains about red tape
MoneyWeek - 7 Aug 2014 18:00Douglas Flint, HSBC's chairman, has sparked a debate over excessive regulations in the banking sector. The post HSBC complains about red tape was first published on MoneyWeek.
A Fairer Way of Giving Credit Where It's Due
Harvard Business Review - 7 Aug 2014 18:00How to eliminate resentments and foster collaboration.
Thursday Sector Laggards: Television & Radio, Advertising Stocks
Forbes - 7 Aug 2014 17:59In trading on Thursday, television & radio shares were relative laggards, down on the day by about 2.8%. Helping drag down the group were shares of Discovery Communications (DISCA), down about 49.4%... and shares of Entravision Communications (EVC) off about 16.7% on the day.
Google Battles Amazon Over Books
Boston - 7 Aug 2014 17:58Google is taking on Amazon over its turf, express delivery of cheap books, and it's hooking up with Barnes & Noble to do so. The New York Times reports the pair launched same-day delivery today in New... York, Los Angeles and San Francisco.
Wonkblog: In most states, marijuana is a bargain compared to beer
Washington Post - 7 Aug 2014 17:58Marijuana is really cheap relative to beer in most states--and really not in, well, only a few. We used marijuana street prices from crowdsourcing site priceofweed.com to estimate the price of a... single marijuana joint (or roughly 0.4 grams of weed, because academia says so) in each state. We also took the listed price for a six-pack of beer from online alcohol retailer wineaccess.com and applied state-specific beer taxes to approximate the cost of a 12 ounce bottle of Bud Light (or roughly one drink, because the government says so) in each state. What we found is that the relative affordability of each drug varies quite a bit depending on where you live.
Thursday Sector Leaders: Gas Utilities, Defense Stocks
Forbes - 7 Aug 2014 17:58In trading on Thursday, gas utilities shares were relative leaders, up on the day by about 0.8%. Leading the group were shares of Gas Natural (EGAS), up about 3.8% and shares of Transportadora de... Gas Del Sur (TGS) up about 3.4% on the day.
Why TheStreet Ratings Team Rates Apple (AAPL) Stock a 'Buy'
The Street - 7 Aug 2014 17:57NEW YORK (TheStreet) -- TheStreet Ratings team reiterates its "buy" rating on Apple with a ratings score of B+. The stock was up 0.27% to $95.22 at 11:54 a.m. on Thursday. TheStreet Ratings Team... has this to say about their recommendation: "We rate APPLE INC (AAPL) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are...
Marathon Oil Is Poised to Benefit From Production Growth in U.S.
The Street - 7 Aug 2014 17:56NEW YORK (TheStreet) -- Marathon Oil's revenue fell in the second quarter, but a deeper look inside its earnings report reveals that the company is on track to post double-digit growth from its core... assets in the U.S. In announcing its second-quarter results on Monday, Marathon said revenue fell 1.6% to $2.94 billion, partly because of asset sales. But earnings from continuing operations rose almost 50% to $360 million on a 9.1% increase in sales volume from continuing operations, excluding Libya, and on higher oil prices in the U.S. Chevon Highlight Up and Down Year in Oil Sector Furthermore, Commerce Department has recently allowed Pioneer Natural Resources and Enterprise Product Partners to export condensates, a type of ultra-light crude oil. The government had banned all exports of...
Why RSP Permian (RSPP) Stock Is Falling Today
The Street - 7 Aug 2014 17:53NEW YORK (TheStreet) -- RSP Permian was falling -1.3% to $25.56 Thursday after announcing the pricing of its 10 million share offering. The company priced the 10 million share offering at $25.65 a... share. RSP Permian will sell 4,166,667 shares in the offering, while certain shareholders will sell the remaining 5,833,333 shares in the 10 million share offering. RSP Permian expects net proceeds of $102.3 million from the offering, which it plans to use to repay amounts under its revolving credit facility. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. RSPP data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can...
Foreclosure Starts Hit Pre-Crisis Low - Real Time Economics - WSJ
The Huffington Post - 7 Aug 2014 17:52
The proportion of home loans that entered foreclosure in the second quarter of this year hit its lowest point since early 2006, before the crisis began, according to data released Thursday by the... Mortgage Bankers Association.One Reason Facebook (FB) Stock Is Rising Today
The Street - 7 Aug 2014 17:51NEW YORK (TheStreet) -- Shares of Facebook Inc. are climbing higher by 1.28% to $73.40 in late morning trading on Thursday, following a report the social media company is buying the security software... startup PrivateCore, Bloomberg reports. Terms of the deal were not disclosed. Facebook's decision to acquire PrivateCore is part of the company's plan to enhance its systems security as data breeches are becoming more common and users's relationships with companies are straining, Bloomberg added.Earlier this week a Russian crime ring stole 1.2 billion user name and password combinations, and over 500 million email addresses, names of the victims and companies left vulnerable were not announced, the New York Times reported. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY:...
S&P 500 Analyst Moves: QCOM
Forbes - 7 Aug 2014 17:50The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Qualcomm (QCOM) is now the #84 analyst pick, moving up by 1 spot.... This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values.
Shark Tank's Barbara Corcoran on Big Obstacles and Bigger Mistakes
inc - 7 Aug 2014 17:48
The investor talks mistakes, her favorite entrepreneurs, and the challenges facing small business owners.Why PhotoMedex (PHMD) Stock Is Plummeting Today
The Street - 7 Aug 2014 17:47NEW YORK (TheStreet) -- PhotoMedex shares are down -14.1% to $9.29 on Thursday following the release of the company's second quarter financial results.The global skin health solutions company reported... earnings of 1 cent per diluted share, 7 cents short of analysts expectations for the quarter.Revenue for the quarter fell 10.3% from the previous year to $52.1 million, below analysts expectations of $62.05 million. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates PHOTOMEDEX INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate PHOTOMEDEX INC (PHMD) a HOLD. The...
Cramer: What the Industrials Need
The Street - 7 Aug 2014 17:46NEW YORK (Real Money) -- The rollover in the industrials is almost lockstep. It doesn't matter how well a company did, its stock is acting just like the others. I didn't even realize how closely... coordinated they were until I hit up the chart of Parker-Hannifin , the excellent industrial with tons of aerospace and thought for a moment that I had actually punched in Boeing . That's how much they looked alike. But I might as well as hit up United Technologies or Honeywell , they are that identical. This is an important concept to grasp, because they didn't all report the same kinds of numbers.
On Leadership: Are robots coming for your job?
Washington Post - 7 Aug 2014 17:45The good news, according to a study released Wednesday, is that a majority of tech experts canvassed by the Pew Research Center Internet Project don't think robots are going to displace too many jobs... by 2025.
Oil Boom and Housing Bust Alter US Spending Trends
ABC News - 7 Aug 2014 17:45Oil boom and housing bust alter state-by-state US spending as North Dakota soars, Nevada lags
Mortgage rates mixed, Freddie Mac says; 30-year fixed averages 4.14%
L.A. Times - 7 Aug 2014 17:45Groupon (GRPN) Stock Continues to Fall After Second-Quarter Earnings
The Street - 7 Aug 2014 17:44NEW YORK (TheStreet) -- Groupon continued to fall Thursday after the stock reported second-quarter earnings Thursday that missed analysts' expectations. The online deal company reported adjusted... earnings of a penny a share on revenue of $751.6 million, up from $608.7 million in the same period one year earlier. Analysts had expected earnings of a penny a share on revenue of $761.8 million. Groupon issued third-quarter adjusted EPS guidance in the range of flat to 2 cents a share on revenue in the range of $720 million to $770 million. The consensus estimate calls for EPS of 3 cents on revenue of $760.62 million. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months....
WTO Upholds 'Rare Earth' Ruling Against China
ABC News - 7 Aug 2014 17:43World Trade Organization appeal body upholds ruling against China's 'rare earth' export curbs
LinkedIn vs. Facebook for Professionals: A Social-Media Smackdown
inc - 7 Aug 2014 17:43
4 steps that maximize the power of LinkedIn as a business tool.The Origination Clause? Let It Go
Forbes - 7 Aug 2014 17:43
Whether or not the origination clause is actually defunct, it certainly should be.Why Costco (COST) Stock Is Falling Today
The Street - 7 Aug 2014 17:42NEW YORK (TheStreet) -- Shares of Costco Wholesale Corp. are down -1.19% to $118.17 as retailers posted slightly lower-than-expected sales in July as disappointing numbers from the operator of... membership warehouse more than offset strength from retail chains, the Wall Street Journal reports. Costco, which has a significant weighting in Thomson Reuters' sale index, has been a standout of late among retailers, though its sales growth has slowed somewhat. Thursday's results mark the first time in five months that Costco's sales have increased less than expected, the Journal noted. The company reported a 5% increase in July sales, excluding gasoline, falling short of analysts' estimates for 6% growth. The company said foreign currencies had a slightly negative impact. Must Read: Warren...
Use Options For a Chance To Buy EQM at a 13% Discount
Forbes - 7 Aug 2014 17:42
Looking back to 98 days ago, EQT Midstream Partners LP (NYSE: EQM) priced a 10,750,000 share secondary stock offering at $75.75 per share. Buyers in that offering made a considerable investment into... the company, expecting that their investment would go up over the course of time and based on early trading on Thursday, the stock is now 10.3% higher than the offering price. It should be noted that investors at the secondary have collected $1.01/share in dividends since the time of their purchase, so they are currently up 11.6% on their purchase from a total return basis.Insurance Agency Allegedly Delivers Elderly Man's Settlement In Buckets Of Loose Change
The Huffington Post - 7 Aug 2014 17:41
When an insurance agency finally agreed earlier this year to settle a lawsuit with an elderly California man, he probably expected that his payout would come in the form of a check, or perhaps even in... an envelope of cash. Instead, Andres Carrasco, 76, says Adriana's Insurance Services chose to pay him in thousands and thousands of coins. Carrasco's attorney, Antonio Gallo, says that the California-based company recently dropped off several buckets of loose change at his office, per local news outlet KNBC-TV. It's estimated that the coins value more than $20,000. "There's over 16 buckets of quarters, nickels, dimes and pennies," Gallo told CBS Los Angeles. "It's going to take us at least, conservatively, one week to count that whole amount of money." One of the buckets was reportedly full...Racially Diverse Millennials Control the Housing Market
The Huffington Post - 7 Aug 2014 17:41
The U.S. housing market is improving, and has totally recovered in some cities. But since the housing market has not completely recovered from the 2007 housing crash, it now seems fashionable to find... a scapegoat, usually the Millennials, to explain sluggish home sales. Are Millennials Refusing to Grow Up? More than any other generation in recent history, the 18-34 year old Millennials are staying with their parents longer, and avoiding marriage. Because they are not forming their own households, marrying and then having children, their homeownership rates lag the rates of prior generations. Data released by the Pew Research Center show that approximately 26 percent of Millennials are married. When Gen Xers were the same age as the Millennials are now, approximately 36 percent of them were...Dow downers! 5 blue chips hit most since peak
USA Today - 7 Aug 2014 17:40
The Dow is down 4% from its record July 16 close, but 5 blue chips are down a lot more. When will interest rates rise?
MoneyWeek - 7 Aug 2014 17:40Britain's recovery is gaining momentum, increasing the pressure on the Bank of England to raise interest rates. The post When will interest rates rise? was first published on MoneyWeek.
Portuguese bank collapses
MoneyWeek - 7 Aug 2014 17:40The collapse of Banco Espirito Santo has raised fears there could be other nasty surprises lurking in Europe's banking sector. The post Portuguese bank collapses was first published on MoneyWeek.
6 Negotiating Lessons From the Trenches
The Huffington Post - 7 Aug 2014 17:38
You've endured an intensive interview process, and you've just received an offer. Congratulations! Now it's time to negotiate your best deal and accept the job. But not so fast... You have an... opportunity to learn as much about the job, company and your prospective boss during the negotiation phase as you've learned up to this point. During this final phase, there is a lot of excitement, and there can be a temptation to rush the process and ignore warning signs. My advice may not help you squeeze an additional $10K out of your new boss, but it may help you avoid a serious job or career mistake. As an executive recruiter for the last sixteen years, I've been involved in a lot of negotiations. I've negotiated fees with my clients, and I've acted as intermediary in negotiations between...Average US 30-Year Mortgage Rate at 4.14 Percent
ABC News - 7 Aug 2014 17:38Average US rate on 30-year mortgage rises to 4.14 percent; 15-year loan at 3.27 percent
September 26th Options Now Available For DIRECTV (DTV)
Forbes - 7 Aug 2014 17:38
Investors in DIRECTV (NASD: DTV) saw new options begin trading today, for the September 26th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DTV options chain... for the new September 26th contracts and identified the following call contract of particular interest.Interesting ETFC Put And Call Options For September 26th
Forbes - 7 Aug 2014 17:38
Investors in E*TRADE Financial Corp. (NASD: ETFC) saw new options begin trading today, for the September 26th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the... ETFC options chain for the new September 26th contracts and identified one put and one call contract of particular interest.Bridge The Gap In Women's Journalism By Bringing HerCampus to Your Campus
Forbes - 7 Aug 2014 17:37
Stephanie Kaplan always had a knack for journalism, but never thought she’d be the CEO of a business in the field. When Windsor Hanger Western began her freshman year at Harvard, she thought she’d... follow college with law school. Annie Wang was entrepreneurial-minded from the start, having established her own make-believe paper-folding company as a child, but she opted to major in visual and environmental studies at Harvard.Barnes & Noble teams up with Google for same-day book delivery
Venture Beat - 7 Aug 2014 17:35
Today, Barnes & Noble and Google unveiled a partnership to provide same-day book delivery to consumers in Manhattan, West Los Angeles, and San Francisco. Barnes & Noble’s strategy may be a counter... to Amazon’s ongoing dominance of the book delivery market, the New York Times reported. The partnership will roll out via Google Shopping Express, Google’s new same-day […]Ctrip Surges After Increasing Ties to Priceline
The Street - 7 Aug 2014 17:35NEW YORK (TheStreet) -- Shares of Chinese online travel agency Ctrip.com are jumping after the company expanded its partnership with Priceline and received a $500M investment from the U.S. online... travel giant. WHAT'S NEW: Ctrip and Priceline last night announced that under an expanded agreement Ctrip's customers will be able to access all of Priceline's accommodations outside of Greater China, while Priceline's customers will be able to access Ctrip's over 100,000 accommodations within Greater China. Additionally, Priceline and Ctrip will offer their respective hotel inventory to each other on an enlarged scale with more favorable partnership terms, including an agreement to enhance promotional efforts, the companies said. Meanwhile, Priceline will invest $500M in Ctrip through a...
Commit To Purchase McDermott International At $5, Earn 7% Using Options
Forbes - 7 Aug 2014 17:33
Investors eyeing a purchase of McDermott International, Inc. (NYSE: MDR) shares, but tentative about paying the going market price of $7.37/share, might benefit from considering selling puts among the... alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $5 strike, which has a bid at the time of this writing of 35 cents. Collecting that bid as the premium represents a 7% return against the $5 commitment, or a 4.9% annualized rate of return (at Stock Options Channel we call this the YieldBoost).Why Learning Trumps Knowledge
The Huffington Post - 7 Aug 2014 17:32Our clients are smart. Smarter than us about their business. They know their industry and organization better than us. And they usually have deep experience in their areas of expertise. And yet they... still feel deeply challenged by the changing environment in which they find themselves. Many of them struggle, their organizations languish or careen from strategy to strategy. What are they lacking that makes it so hard to thrive in today's world of continual change? Change itself creates stress and challenge for leaders. And change is an ever-present facet of modern life. Smart people with knowledge often want to draw on "how we have always done things," or even "how other companies are doing this," or "how my/my mentor's/my investor's last company solved this problem". When everything is...Commit To Buy Level 3 Communications At $35, Earn 10.6% Using Options
Forbes - 7 Aug 2014 17:32
Investors eyeing a purchase of Level 3 Communications, Inc. (NYSE: LVLT) shares, but cautious about paying the going market price of $42.25/share, might benefit from considering selling puts among the... alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $35 strike, which has a bid at the time of this writing of $3.70. Collecting that bid as the premium represents a 10.6% return against the $35 commitment, or a 7.3% annualized rate of return (at Stock Options Channel we call this the YieldBoost).Commit To Purchase Mondelez International At $28, Earn 3.6% Using Options
Forbes - 7 Aug 2014 17:32
Investors eyeing a purchase of Mondelez International (NASD: MDLZ) shares, but tentative about paying the going market price of $35.14/share, might benefit from considering selling puts among the... alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $28 strike, which has a bid at the time of this writing of $1.02. Collecting that bid as the premium represents a 3.6% return against the $28 commitment, or a 2.5% annualized rate of return (at Stock Options Channel we call this the YieldBoost).Commit To Buy KapStone Paper & Packaging At $25, Earn 9.6% Annualized Using Options
Forbes - 7 Aug 2014 17:31
Investors considering a purchase of KapStone Paper & Packaging Corp (NYSE: KS) stock, but tentative about paying the going market price of $30.61/share, might benefit from considering selling puts... among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2015 put at the $25 strike, which has a bid at the time of this writing of $1.30. Collecting that bid as the premium represents a 5.2% return against the $25 commitment, or a 9.6% annualized rate of return (at Stock Options Channel we call this the YieldBoost).Yelp CEO Reviews His Own Business
inc - 7 Aug 2014 17:30
CEO Jeremy Stoppelman talks Google, Steve Jobs, and how often he uses his own product.The bankers' oath
MoneyWeek - 7 Aug 2014 17:30A bankers' oath may sound ridiculous, says Merryn Somerset Webb. But at least it would remind them of their responsibilities to the rest of us. The post The bankers' oath was first published on... MoneyWeek.
When "Common Sense" Really Amounts To Nonsense
Forbes - 7 Aug 2014 17:30Taxpayers for Common Sense (TCS), one of the myriad agenda-based “think tanks” in our nation’s capital, released a decidedly un-common-sensical new study on July 31 titled “Effective Tax... Rates of Oil & Gas Companies: Cashing in on Special Treatment”.
Commit To Buy Clean Energy Fuels At $5, Earn 6% Using Options
Forbes - 7 Aug 2014 17:30
Investors considering a purchase of Clean Energy Fuels Corp (NASD: CLNE) shares, but tentative about paying the going market price of $9.66/share, might benefit from considering selling puts among the... alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $5 strike, which has a bid at the time of this writing of 30 cents. Collecting that bid as the premium represents a 6% return against the $5 commitment, or a 4.2% annualized rate of return (at Stock Options Channel we call this the YieldBoost).Find CEOs with the X factor
MoneyWeek - 7 Aug 2014 17:29If you want to buy stocks that will do well, the numbers are secondary, says Jonathan Compton. The key is to find the star CEOs. The post Find CEOs with the X factor was first published on MoneyWeek.
Why Successful People Don't Crumble Under Pressure
Forbes - 7 Aug 2014 17:28
Sport psychologist, Martin Turner, explains why some people thrive under pressure while others crumble.Two Longs and Two Shorts to Watch in a Topsy-Turvy Market
The Street - 7 Aug 2014 17:27NEW YORK (TheStreet) -- In this topsy-turvy market, there are some attractive charts on both the long and short side. Among the longs, BioDelivery Sciences International looks like it's ready to... make another move. On Wednesday, it gained 39 cents to $13.02, positioning itself right against the declining tops line where a nice little coil has formed over the last month. The move came on 818,000 shares, which is not the big volume it'll need on a break. Resistance is at about the $14.35-$14.38 range. If it gets through that, look for a move up to $16, and then $18.50. It's currently at $12.60, up nearly 114%. Tesla Motors is acting very well. It had a special day on Wednesday, up $10.50, or 4.4%, to $248.93 on 9.2 million shares. More importantly, it took out the recent high at $244.49,...
Inspiration: How Much Does The Boss Matter?
Forbes - 7 Aug 2014 17:26
Are you spending too much time with your boss?Why Volkswagen (VLKAY) Stock Is Down Today
The Street - 7 Aug 2014 17:26NEW YORK (TheStreet) -- Shares of Volkswagen are down -1.21% to $44.33 after it was reported that the automaker's 5 billion euro ($6.68 billion) cost-cutting plan suffered a major setback after labor... leaders forced management to cut detailed proposals drawn up by consultants at McKinsey, sources told Reuters. The cost-cutting target itself still stands, though, the sources added. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. VLKAY data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Click to view a price quote on VLKAY.
U.S. regulators demand improved risk controls at Deutsche Bank: WSJ
Reuters - 7 Aug 2014 17:25(Reuters) - U.S. banking regulators have ordered Deutsche Bank AG to improve its compliance systems and risk controls, the Wall Street Journal reported, citing people familiar with the matter.
You can now plug your baby into the Internet of things
Venture Beat - 7 Aug 2014 17:25
Baby activity trackers really are a thing, and a new one from a company named Sproutling is now available for pre-order. Sproutling's baby activity tracker, designed to be worn at night and during... naps, is a baby-safe ankle band equipped with sensors that track the baby's heart rate, temperature, mood, whether it's still sleeping, and […]Myth Buster: We've Got the Relationship Between Risk and Entrepreneurship All Wrong
inc - 7 Aug 2014 17:22
A new report suggests that we've got the relationship between risk and entrepreneurship completely backwards.5 Great In-Ear Headphones
Forbes - 7 Aug 2014 17:22
Great in-ear headphones, also called earbuds or earphones, offer convenience and sound quality that's hard to beat. It's a big category, but here are some excellent ones.GOP Guv On Lackluster Primary Performance: Blame Obama
TPM - 7 Aug 2014 17:21Kansas Gov. Sam Brownback (R) had a theory for why a chunk of voters were backing Jennifer Winn, his challenger, in the Republican gubernatorial primary: blame President Barack Obama.
Why WhiteWave Foods (WWAV) Stock Is Up Today
The Street - 7 Aug 2014 17:21NEW YORK (TheStreet) -- WhiteWave Foods was gaining 7.9% to $32.02 Thursday after beating analysts' estimates for earnings and revenue in the second quarter. WhiteWave reported earnings of 23 cents a... share for the second quarter, beating the Capital IQ Cnsensus Estimate of 22 cents a share by 1 cent. Revene rose 39.5% from the year-ago quarter to $837.9 million, above estimates of $815.65 million. For the third quarter WhiteWave expects earnings of 25 cents to 26 cents a share, compared to analysts' estimates of 25 cents a share. For the full year the company expects earnings of 98 cents to $1.00 a share, above analysts' estimates of 97 cents a share for the year. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that...
Why Melco Crown Entertainment (MPEL) Stock Is Down Today
The Street - 7 Aug 2014 17:20NEW YORK (TheStreet) -- Melco Crown Entertainment fell Thursday after the company reported second-quarter results that missed analysts' expectations and announced prosecutors had indicted its Taiwan... office. The company's net income declined 20% year-over-year to $143.6 million, or 26 cents a share, from $181 million, or 33 cents a share. Revenue fell 7% year-over-year to $1.2 billion from $1.3 billion. Analysts had expected earnings of 36 cents a share on revenue of $1.3 billion. Total Macau gaming revenue also declined 3.6% in July. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Furthermore, Melco announced Taipei prosecutors had indicted the...
Market Basket Cuts Hours for Some Part-Time Employees
Boston - 7 Aug 2014 17:19After a report early Thursday morning that part-time employees at the embattled super market chain would have their hours cut, it now seems that they may not get any hours at all.
What US Marketers Can Learn From Social Commerce In China
Forbes - 7 Aug 2014 17:19This article is by Pete Stein, global CEO of Razorfish.
Putin Strikes Back With His Own Sanctions
Forbes - 7 Aug 2014 17:19
It has been less than two weeks since the US and EU hit Russia with their toughest sanctions yet and Putin has responded with some sanctions of his own.Consumer spending in Wisconsin lags that of nation
Miami Herald - 7 Aug 2014 17:18New federal data shows consumer spending in Wisconsin grew slower than the national average and slower than personal income from 2011 to 2012.
Will DTE Energy (DTE) Stock Be Helped Today By This Price Target Increase?
The Street - 7 Aug 2014 17:17NEW YORK (TheStreet) -- DTE Energy was upgraded to "buy" from "neutral" with an increased price target to $79 from $78 at ISI Group.The firm said it raised its rating based on the company's NEXUS... Pipeline visibility, rate base growth and valuation.Shares of DTE Energy are up 1.83% to $73.39. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates DTE ENERGY CO as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation: "We rate DTE ENERGY CO (DTE) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we...
The Sproutling Is Like Fitbit for Your Baby--But Better
Time - 7 Aug 2014 17:16
A new baby monitor for parents promises to take the anxiety out of naptimeAnn Coulter: Ebola Doc Just Another Narcissistic Christian
TPM - 7 Aug 2014 17:16In her syndicated column Wednesday, conservative columnist Ann Coulter called the American doctor infected with Ebola and now receiving treatment in Atlanta a prime example of "Christian narcissism."
Weekly jobless claims fall as economy strengthens
L.A. Times - 7 Aug 2014 17:16Power firm NRG to close plant, cut jobs, as part of pollution reduction plan
Chicago Tribune - 7 Aug 2014 17:15Market Mood Sours on Russia
Boston - 7 Aug 2014 17:14Russia wants to ban all food imports from the United States. Also on the Kremlin's reverse shopping list: all fruit and vegetables from Europe. They too would be blocked from import. It's another sign... of increasing tension between Russia and the West - tension that's also sinking into market sentiment. IG market analyst, Alastair McCaig.
One Of The Hottest Stocks On The NYSE Is A Company Most Of Us Have Never Heard Of -- And It's Got An Incredible Backstory
Business Insider - 7 Aug 2014 17:14
Business Insider/Skye Gould The Texas Pacific Land Trust has traded under ticker symbol TPL since ticker tape was an emerging technology. But at a time when billions of shares change hands every day... and a high-frequency head start measured in milliseconds can be enough to game the system, few on Wall Street have ever heard of it. That's their loss. With a colorful history peopled with scheming robber barons, corrupt politicians, wildcat oilmen, farsighted hedge funders, and one rebel heiress, TPL is currently outpacing 99% of the stocks traded on the New York Stock Exchange. Its operating margins are orbiting near the stratosphere: around 90%, compared with 30% for Apple, Inc. A share purchased in August 2009 for $30 would today go for $170 -- an for an average annual growth rate of of...Stocks Slide Into The Red
Business Insider - 7 Aug 2014 17:14
Google Finance Markets have erased early gains. The S&P 500 has just barely gone into the red. There isn't a whole lot of market-moving news today. Initial weekly jobless claims tumbled to 289,000... from 303,000 a week ago. This was lower than the 304,000 expected by economists. This week's report brings the 4-week moving average down to 293,500, the lowest level since February 2006. The 4-week average for continuing claims fell 17k, to 2.519 million, the lowest level since July 2007. "The insured unemployment rate remained at 1.9% for the fourth straight week," noted Barclays' Dean Maki. "Overall, this report shows that layoffs remain subdued and is consistent with solid job growth. Join the conversation about this story »A Former Yahoo Interim CEO Is Giving StockTwits A Boost
Business Insider - 7 Aug 2014 17:14
The finance world's social network is getting some major upgrades. Ross Levinsohn is now on the board of Stocktwits, a social media platform for investors, traders, and entrepreneurs. He was... previously the chief executive of Guggenheim Digital Media, the digital arm of private equity firm Guggenheim Partners.In 2012, he was the interim CEO at Yahoo. And prior to that role, he ran Yahoo's sales, business development, and media divisions. Stocktwits CEO, John Melloy, told BI: "I couldn't be happier to have a great media and tech mind like Ross join the board. After we met, he immediately saw the potential with our niche social network." Additionally, Robert Peck, a technology analyst at SunTrust, is also joining StockTwits. Melloy said that "With Ross and Bob, I have access to some of the...Scary Bedtime Stories: Health Care and the Patent Trolls
The Huffington Post - 7 Aug 2014 17:13"Trolls can smell the rainbow, trolls can smell the stars. Trolls can smell the dreams you dreamed before you were ever born." -- Neil Gaiman, Troll Bridge Trolls can smell money too ... lots of... money. If you ever want to liven up a dull conversation at a gathering of business executives and technology managers, just bring up the subject of "patent trolls." You're likely to provoke many interesting reactions. Ambivalence is not likely to be among them. A true patent troll does not produce or sell any products of its own. It's a legal entity created specifically and solely to generate a revenue stream from patents, preferably through entering into licensing agreements, but also through litigation. These companies are also known as "Non-Practicing Entities" (NPEs) or, more recently, "Patent...'Bush Legs': Russian Sanctions Freeze U.S. Poultry
NBC News - 7 Aug 2014 17:13
In the tension-filled game of chicken between Russia and the West over Ukraine, U.S. poultry is one of the big losers.Women in Business Q&A: Gregg Renfrew, Founder of Beautycounter
The Huffington Post - 7 Aug 2014 17:11Gregg Renfrew launched Beautycounter in 2013, a B Corporation that's single-mindedly focused on creating transparency and safety in the personal care industry, through truly innovative skincare and... beauty products that set a new health and safety standard. Before launching Beautycounter, Gregg had already established herself as a retail leader. Gregg is regarded as a forward-thinking entrepreneur and trusted advisor who can turn concepts into thriving businesses; she sold her successful bridal registry company, The Wedding List, to Martha Stewart Living Omnimedia, where she served the company in executive management. Gregg also served the legendary Best & Co. children's retail group as CEO, which she re-invigorated through design, traditional retail, and hundreds of national trunk shows....
Why Laredo Petroleum (LPI) Stock Is Falling Today
The Street - 7 Aug 2014 17:11NEW YORK (TheStreet) -- Laredo Petroleum shares are down -9.8% to $23.72 on Thursday after the company reported second quarter earnings of 14 cents per diluted share, 4 cents worse than analysts were... expecting, on revenue of $183 million that also fell below analysts estimates of $190.23 million. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates LAREDO PETROLEUM INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate LAREDO PETROLEUM INC (LPI) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and...
This Is The Worst Way To Start An Email
Business Insider - 7 Aug 2014 17:11
Flickr / BuzzFarmers There are hundreds of perfectly acceptable ways to start an email: "Dear," "Hello," "Hi," and so on. And then there's one you should avoid at all costs. According to Diane... Gottsman, etiquette expert and founder of the Protocol School of Texas, "To whom it may concern,'" is one of the worst ways to start an email today. Though the greeting may seem innocuous, it comes off as impersonal and old fashioned -- and reeks of a mass-produced spam letter. "Ultimately, it sends the wrong message," Gottsman says. It also makes you look lazy and apathetic. More often than not, a quick phone call or Google search will unearth the name of the individual you're emailing. If you don't do your homework, the recipient may be insulted, and your chances of receiving a response...Will Newmont Mining (NEM) Stock Gain As CEO Again Seeks Barrick Gold (ABX) Merger?
The Street - 7 Aug 2014 17:09NEW YORK (TheStreet) -- Newmont Mining Corp. CEO Gary Goldberg said today that he was open to resuming discussions about a potential merger with Barrick Gold Corp. but had not heard from the... company since April, Reuters reports. Merger talks between the global gold miners descended into acrimony in April, with Barrick and Newmont publicly accusing each other of scuppering a deal favored by many investors, Reuters said.. Shares of Newmont Mining are slightly lower in morning trade. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates NEWMONT MINING CORP as a Sell with a ratings score of D. TheStreet Ratings Team has this to say...
The 22-Year-Old Entrepreneur Producing Reusable Sanitary Pads For Poor African Girls
Forbes - 7 Aug 2014 17:09
22 year-old Kenyan entrepreneur Barclay Paul Okari is the founder of Impact Africa Industries, a company that produces an inexpensive, reusable, washable sanitary towel for poor women in East Africa.Disney CEO: Yes, The TV Ad Business Is Getting Weak Thanks To Growth In Online Advertising (DIS)
Business Insider - 7 Aug 2014 17:08
Jae C. Hong / AP On Disney's earnings call, chief executive Robert Iger admitted that TV advertising is not as hot as it once was. As a result, he wants Disney, which owns ABC and ESPN, to rely... less on advertising in the future. Iger said digital advertising is growing faster than traditional outlets, mainly TV, according to The Wall Street Journal which picked up on his comments. He also noted that some of the ad money that previously went to TV networks had been shifted elsewhere because of this growth. Iger's comments point to a growing trend and speculation that TV advertising is "dying," or steadily declining. Other forms of advertising, such as digital, continue to grow rapidly. Digital video advertising, for example, has been projected to grow at a rate of 19.5% through...Jim Cramer's Stop Trading: What's Up With Harman International and Zulily?
The Street - 7 Aug 2014 17:08NEW YORK (TheStreet) -- Shares of Harman International are lower on Thursday despite beating on top and bottom line earnings estimates and boosting its dividend by 10%. On CNBC's "Cramer's Stop... Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said the company's guidance was somewhat conservative, which is causing the selling pressure. However, he argued the revenue guidance didn't seem conservative, and investors should at least wait to hear the conference call before selling the stock.
Why Cornerstone OnDemand (CSOD) Stock Is Down Today
The Street - 7 Aug 2014 17:07NEW YORK (TheStreet) -- Cornerstone OnDemand was falling 8.3% to $36.96 Thursday after missing analysts' estimates for earnings and revenue in the second quarter. For the second quarter Cornerstone... OnDemand reported a loss of -11 cents a share, missing the Capital IQ Consensus Estimate of a loss of -8 cents a share by 3 cents. Revenue grew 38.6% year-over-year to $61.46 million for the quarter. Analysts expected revenue of $63.57 million for the quarter. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates CORNERSTONE ONDEMAND INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their...
Take A Look At The Ridiculous Clothing Line Apple Released In The '80s
Business Insider - 7 Aug 2014 17:06
Imgur, rickh3255 Apple might be known for its minimalistic aesthetic now, but there was a time when that wasn't true. Back in 1986, Apple released a clothing line it called "The Apple Collection,"... filled with oversized sweatshirts, windbreakers, and obnoxiously bright patterns. It's hard to imagine that black-turtleneck aficionado Steve Jobs would have approved of these clothes -- the catalogue was released a year after he left the company. Laura Stampler contributed to this story. The vibe of the catalogue is very different from Apple's current aesthetic. Rather than sleek minimalism, these looks scream color. And it definitely seemed to be targeting a preppy demographic. See the rest of the story at Business InsiderWatch: Bank of America Reportedly Agrees to $17 Billion Settlement
ABC News - 7 Aug 2014 17:06
The banking giant reportedly agreed to a deal with the Justice Department for its alleged role in selling toxic mortgages.Electric Vehicles Could Save U.S. Utilities From A Death Spiral
Forbes - 7 Aug 2014 17:06U.S. demand for electricity is falling, and the utility business model is threatened. Electric vehicles might save the day, but the utilities need to step up and start adding to their fleets.
Valuable Lessons Learned in the "Rat Race": Corporate America Revealed
The Huffington Post - 7 Aug 2014 17:04
I've been blessed to work for a few multi-national Fortune 100 companies including Procter & Gamble, Microsoft and Goldman Sachs & Co. During my nearly ten years at some of the nation's most elite... firms, I learned great lessons and insights about life, business and everything in between. In my pursuit of success in corporate America, I found that the game-changers were well versed in a different code: one that was unwritten. I made it my business to glean the lessons along the way and found these invaluable few to be most essential in the proverbial rat race. Here are my first five corporate confessions revealed: 1. Strategically target companies/roles based on a personal ROI After college, my goal was to land a job at a reputable company with the most competitive salary. Gaining needed...Grain lower, livestock lower
Miami Herald - 7 Aug 2014 17:03Grain futures were lower Thursday in early trading on the Chicago Board of Trade.
L Brands key July sales metric tops Street's view
Miami Herald - 7 Aug 2014 17:03L Brands Inc., which owns stores such as Victoria's Secret and Bath & Body Works, said Thursday that sales at stores open at least a year rose 6 percent in July. That easily beat analysts'... expectations.
Tea Party Candidate Mocks Rand Paul For Running Away From DREAMer (VIDEO)
TPM - 7 Aug 2014 17:02When you're a long-shot independent candidate for public office, you've got to exploit each news cycle.
Review: 'Into The Storm' Is 'Twister' For The Climate Change/You Tube Era
Forbes - 7 Aug 2014 17:02
Thumbnail - Into the Storm is visually dazzling and mostly successful in updating the disaster film for the YouTube age, but it is marred by contrived characters and icky politics.The Bitcoin Derivative Boom Can Be A Mark Of The Cryptocurrency's Coming of Age
Forbes - 7 Aug 2014 17:02
The year of 2008 is remembered as the year of the global financial crisis, a crisis, fair or not, is often attributed to financial derivatives. Derivatives allow for phony accounting; they obscure the... market and concentrate risk and allow megabanks to take on more debt! Such were the sentiment back in the day.Mergers and acquisitions: Coming unstuck
The Economist - 7 Aug 2014 17:01
QUEEN VICTORIA sniffed that "We are not interested in the possibilities of defeat." For empire-builders in the corporate world, failure is all too common. On August 5th the octogenarian Antipodean... Rupert Murdoch withdrew 21st Century Fox's unrequited pursuit of Time Warner. The deal would have been worth at least $70 billion and have created a media monolith. Hours later Softbank, a Japanese conglomerate which owns Sprint, an American telecoms firm, abandoned its effort to buy control of T-Mobile US, another operator in America, with an enterprise value of more than $30 billion.In 2014 there have already been two other big dealmaking snafus--Pfizer's abortive bid for a fellow drugmaker, AstraZeneca, worth $125 billion, and the union of Publicis and Omnicom. The two advertising firms were...Bernie Ecclestone: Irony alert
The Economist - 7 Aug 2014 17:01"I ASSUME", Judge Peter Noll told the defendant, Bernie Ecclestone, in a Munich court on August 5th, that "we'll only see each other again on television." With that Mr Ecclestone, the 83-year-old boss... of Formula One motor racing, was free to leave. He must pay $100m--$99m to the state of Bavaria, $1m to a charitable foundation for children. But he will continue to be presumed innocent of the bribery charges that could have sent him to prison for up to ten years and put a spoke in the wheel of his sports empire.Mr Ecclestone's lawyers settled with prosecutors under paragraph 153a of the German legal code. This was originally meant to speed up the settlement of certain kinds of muddled criminal cases so courts could keep up with their dockets. But in recent years, the paragraph has been...
Unilever: In search of the good business
The Economist - 7 Aug 2014 17:01
Unilever's lifebelt SLEEPING in the open on top of his mansion was a nightly routine for William Lever, founder of what is now Unilever, an Anglo-Dutch consumer-goods giant. When Paul Polman became... chief executive of the soap-to-ice-cream-maker in 2009 (joining from a Swiss rival, Nestlé), the Dutchman spent a night in Lever's rooftop bed as part of a total immersion in the history of his new firm. It helped persuade him, a year later, to launch a "Sustainable Living Plan", the name for his attempt to make Unilever the pre-eminent example of how to do capitalism responsibly, just as it had once been under Lever.Outdoing even the Cadburys of Birmingham and the Rowntrees of York, Lever had pioneered the Victorian model of paternalistic business. At a time when disease and malnutrition were...Travel websites: David vs two Goliaths
The Economist - 7 Aug 2014 17:01
Service poor, view disappointing "BREAKFAST is nasty, the rooms are nasty." So complained a reviewer of an Oregon guesthouse earlier this year. There is nothing unusual in that: all hotels must deal... with the odd disgruntled guest. This critique, though, appeared on TripAdvisor, a travel-review website. When the correspondent went on to document drunken housekeepers and licentious receptionists, the owners sued him. It was more than a point of pride. What customers say on TripAdvisor can make or break hotels. Around 260m people visit the site each month to read some of the 125m reviews.The firm makes money by displaying prices from online travel-agents (OTAs) alongside its reviews, and then charging those agents each time a customer clicks through. It is such a good example of a network...A Losing South Korean Baseball Team Filled 3 Rows Of Seats With Robots That Cheer For Them
Business Insider - 7 Aug 2014 17:01
Watch the video above and tell us that robots aren't going to change everything. The Hanwha Eagles, a South Korean professional baseball team, recently filled three rows of its stadium with robots... designed to cheer in the stead of real fans watching the game at home, reports CTV News. The robots' "faces" are screens that display fan faces. The robots also hold LED placards that can display messages sent by these fans vis SMS. It bears mentioning that the Eagles aren't exactly doing well -- "the team has finished last in their league four out of the last five years," according to CTV, "so the seats taken up by the fanbots might be otherwise empty." The Fanbots are soulless machines, but they sure are enthusiastic. Here they are, rallying the crowd to do the wave. Screenshot Join the...Burgermeisters: Inside White Castle's Cult [VIDEO]
Forbes - 7 Aug 2014 17:01White castle began as a pioneer in the business 93 years ago. but in the last few decades the chain has been overtaken by bigger rivals and has failed to keep up with the times.
Inventories: A Problem For Economic Growth And Individual Companies
Forbes - 7 Aug 2014 17:01
Inventory swings destabilize the economy, and now many businesses are carry too much inventory, to the detriment of themselves as well as the entire country.Pizza Hut Is Having Some Problems in America
The Huffington Post - 7 Aug 2014 17:00
Pizza Hut, the country's largest pizza chain, seems to be losing favor with American diners. The 56-year-old pizza restaurant's same-store sales in the U.S. have fallen for seven consecutive quarters... as competitors Domino's (DPZ) and Papa John's (PZZA) have seen sales increase.The Best Leaders "Talk the Walk"
Harvard Business Review - 7 Aug 2014 17:00Why words matter.
Microsoft introduces $40 TV tuner for Xbox One in Europe
Venture Beat - 7 Aug 2014 17:00
Xbox One owners without cable can use Microsoft's new add-on to watch and pause live terrestrial television.Fargo Heads List Of Best Small Cities For Business And Careers
Forbes - 7 Aug 2014 17:00
Unemployment in North Dakota's largest city was a scant 3% last month, and Fargo's $14 billion economy grew faster than any other metro in the U.S. last year at 7.3%.4 Tips for Employee Retention
inc - 7 Aug 2014 17:00
How I Learned To Attract and Retain Great Talent in the World's Most Competitive Labor MarketHow The Music Industry Created Its Own Worst Nightmares
Forbes - 7 Aug 2014 17:00The recorded music industry has has not only emboldened its competition, but also created it by missing three notable technology opportunities in the last 20 years.
6 Ways the Pros Solve Writers Block
inc - 7 Aug 2014 17:00
Need to finish that writing project, and just feel stuck? Learn how to unstick writer's block from the pros--Inc. columnists, who else?6 Qualities To Make Your Videos Go Viral
Forbes - 7 Aug 2014 17:00
Viral content is highly coveted, but getting your videos to go viral is no easy feat. Highly sharable content can give your business a lift, leading new people back to your site and increasing... conversions. Creating a viral video, however, is far from easy. Having a piece of content go viral is like winning the Internet’s version of the lottery. It’s incredibly difficult to achieve and often hard to replicate. For every viral video success, there are dozens, if not hundreds, of failures. Even Upworthy, the king of virality, only has 0.3 percent of posts going viral. But there are still actions you can take to improve your odds of viral success. Help your company reap the benefits of video with these six tactics to help your videos go viral:Meet the Man Who Uncovered the Russian Hacking Ring
inc - 7 Aug 2014 17:00
The cybersecurity expert who uncovered the breach of 1.2 billion passwords is looking to assist in the investigation.Alternative Funding From SXSW V2V: The Path Less Traveled
Forbes - 7 Aug 2014 17:00
This recap of a SXSW V2V panel explores the alternatives to the traditional and challenging route of funding and tips you should follow to achieve successful funding.New Paths to College Financing Includes 2-Year Schools, Lower Loan Rates
The Street - 7 Aug 2014 17:00NEW YORK (TheStreet) -- Families continue to get creative on paying for college, including putting enrollment at two-year colleges at what's at least a seven-year high, according to the study How... America Pays for College 2014 from Sallie Mae and Ipsos. In the study, 98% of families still call college a "worthwhile investment," but Americans are spending more than ever on out of pocket to cover tuition and campus living costs. Student loan borrowing rates are at their lowest levels since 2009 -- out of pocket costs stand at 42%, while grants and scholarships cover 31%. Student loans account for 22% of student loan spending, while relatives and friends paid 4% of college costs. "American families truly believe in the value of higher education" says Cliff Young, president of Ipsos Public...
Graffiti Artists Turned The New European Central Bank HQ's Construction Site Into An Amazing Instillation
Business Insider - 7 Aug 2014 16:58
The European Central Bank is building a new headquarters in Frankfurt, Germany, and some amazing graffiti art has been popping up at the construction site over the past two years. The new building... is expected to be fully completed by the end of 2014. During construction, the ECB is allowing artists to use the surrounding fence as a public art gallery. Many of the paintings are politically charged, making statements on capitalism, money, and public figures, including ECB President Mario Draghi and German Chancellor Angela Merkel. Despite the negative depictions, the bank's response has been positive, the New Yorker reported in June. One mural of two fighting roosters was bought by the bank to hang in the new headquarters after completion. Reuters photographer Kai Pfaffenbach has...A Novel Structure for Mission Driven Startups
inc - 7 Aug 2014 16:58
Why the B-Corporation Could be the Right Structure for Your Company.The 15 US Cities Where Poverty Is Soaring Fastest
Business Insider - 7 Aug 2014 16:57
Matthew Rutledge/Flickr A back alley in Austin Southern poverty has grown in an extreme way within America's post-recession landscape, according to a new report from the Brookings Institution. Of the... 15 metro areas where poverty is expanding at the greatest rate, nine are located in the South, with four in North Carolina and another three in Florida. Metro areas include cities and their surrounding suburbs, where poverty has been expanding fastest. The Brookings report analyzes the poverty levels in metro areas, examining the change between 2000 and the period of 2008-2012, which includes an average from a five-year Census estimate and shows the effect of the recession. Business Insider previously looked at the Brookings report to see which U.S. cities had rapidly expanding poor...Scotland sees median house prices up 8% year on year
Property Wire - 7 Aug 2014 16:56Median house prices have increased by 4.2% to £187,500 across England and Wales year on year but in Scotland they are up 8% to £135,000 in the same period, the latest published data shows. With a... number of potential headwinds slowing the market, including the upcoming general election, the Mortgage Market Review, talk of interest rate changes and the Scottish Referendum, the figures are rather surprising, especially where Scotland is concerned, according to the report from Strutt & Parker. ‘Interestingly and somewhat counter intuitively, Scotland is not showing a slow down through the data, with values up 29%, and volumes up 22% on the second quarter of last year,’ said Stephanie McMahon, head of research at Strutt & Parker. ‘Normally markets slow down due to uncertainty and on...
Get Ready for a Rally
Forbes - 7 Aug 2014 16:56
Despite the mixed close in the major averages, Dow Industrials (+0.085), Dow Transports (-0.62%), S&P 500 (0.00%), Nasdaq 100 (-0.02%), and S&P 600 (+0.25%), there were signs that a short-term bottom... is forming. The market internals were positive but the A/D indicators have still not recovered from last week's heavy selling. As I discussed in yesterday's column, a rally over the next week or so is likely to go further and last long enough to cause a transitory shift in the short-term sentiment. The Euro zone markets are trying to stabilize early Thursday despite Italy's GDP numbers that suggest it may be slipping back into a recession. The US futures are trading higher in early trading but it is the close today that will be important. The September S&P futures formed a doji Wednesday so a...Sabre Helps To Deliver Airline 2.0, Launches A Developer Platform
Forbes - 7 Aug 2014 16:56Several years ago I undertook an extensive consulting arrangement in the airline and travel industry. The gig centered around looking at what the broader industry (airlines, their suppliers and their... sales channel) could do to increase innovation and competitiveness. This is perhaps more important for the airline industry than other sectors – sky rocketing fuel costs, increased competition and a more discerning and demanding customer base all point to a need for a new approach towards the way airlines run – I like to call this concept Airline 2.0 and, to use a metaphor, it takes what Netflix or Uber have done to Blockbuster and cab companies respectively, and applies it to the broader airline industry.
Profiles and Founders: Where Are They Now?
Forbes - 7 Aug 2014 16:55
The first of a 7-part series. I will be checking in with each company and founder interviewed here in the past two years.PHB, PZI: Big ETF Outflows
Forbes - 7 Aug 2014 16:55Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares Fundamental High Yield Corporate Bond Portfolio... (PHB), where 2,700,000 units were destroyed, or a 8.1% decrease week over week.
GMO's Ben Inker: Finding Undervalued Stocks
Boston - 7 Aug 2014 16:54Inker and colleague Jeremy Grantham are finding a few pockets of opportunity in Europe, emerging markets, and even in U.S. markets.
Azerbaijan's President Used Twitter To Threaten Military Action Against 'Armenian Barbarians And Vandals'
Business Insider - 7 Aug 2014 16:54
The President of Azerbaijan unleashed a barrage of tweets aimed against Armenia on Thursday morning, after clashes along the border of the Armenian-occupied Azeri territory of Ngarno-Karabakh... threatened a tenuous cease-fire that has held since 1994. Armenia and Azerbaijan have been locked in a longstanding stalemate over the Nagorno-Karabakh province. The region was largely ethnically Armenian but was granted to Azerbaijan after the dissolution of the Soviet Union in the early 1990s. In 1994 the region became de facto independent from Azerbaijan after three years of fighting. Azerbaijan still considers Nagorno-Karabakh vital to the country's territorial integrity, with the Armenians seen as occupiers. Clashes between Armenian and Azeri forces over the weekend left more than 15 people dead....40 Years Ago Today, A Frenchman Walked A Tightrope Between New York's Twin Towers
Business Insider - 7 Aug 2014 16:54
AP French aerialist Philippe Petit walks on a cable suspended between the twin towers of the World Trade Center in lower Manhattan, Aug. 7, 1974. Forty years ago this Thursday, a 24-year-old Frenchman... captivated the world when he walked across a steel high wire suspended between New York City's Twin Towers. Philippe Petit, in an interview with The Telegraph to mark the anniversary of the 1974 stunt, called the performance the highlight of his life. He first got the idea when he read about the World Trade Center in a magazine at a dentist's office. The towers hadn't been finished yet, and Petit took six and a half years to plan the walk, according to The Telegraph. The walk was not sanctioned by the city. Petit referred to it as the "artistic crime of the century." He prepared for the walk...Fringe Tea Party Groups Organizing 'National Impeach Obama Week'
TPM - 7 Aug 2014 16:53Now that the House has approved a lawsuit against President Obama and impeachment cries have increased, a few conservative groups have put together "National Impeach Obama Week." The groups are... organizing protests during the week of August 23 to call for Obama's impeachment, according to a blog post by activist Robert Ogden on the conservative blogging site, Western Journalism.
SHY, UGE: Big ETF Inflows
Forbes - 7 Aug 2014 16:53Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares 1-3 Year Treasury Bond ETF (SHY), which added 14,200,000... units, or a 15.3% increase week over week.
Bata India: tread cautiously
livemint.com - 7 Aug 2014 16:52
Investors should tread carefully, at least till a meaningful revival in discretionary spending is seenFor One Day Only, Uber Delivers Personal Chefs On-Demand
inc - 7 Aug 2014 16:51
The startup car service is teaming with Kitchensurfing to bring personal chefs to your house in the Hamptons.Fannie, Freddie post profits in 2Q; pay dividends
Miami Herald - 7 Aug 2014 16:49
Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover. Gains in recent years have enabled them to... fully repay their government aid after being rescued during the financial crisis in 2008.This coffee-brewing alarm clock is a dream come true
USA Today - 7 Aug 2014 16:47
If you like your mornings like you like your coffee--caffeinated--this is the alarm for you. RBI tweaks methodology for computing rupee reference rate
livemint.com - 7 Aug 2014 16:47
The reference rate for the dollar/rupee will be computed by polling from banks at a randomly chosen 5-minute window between 1130 am to 1230 pm every weekday13 Smart Money Tips That Could Change Your Life
The Huffington Post - 7 Aug 2014 16:47
Living as a married couple, saving for kids, buying a house, helping aging parents. Sound familiar? Many of our staff here at Betterment HQ are also Betterment customers trying to meet all these... financial goals. And like you, they care about keeping costs low and doing the smart thing with their money for better peace of mind. We did an office survey of our best money tips, and here's what Betterment insiders shared: 1. A dollar is a dollar is a dollar. Why worry about spending $1,000 on coffee every year when you don't even try to negotiate on things that could save you tens of thousands, like a home purchase or interest rate? -- Alex Benke, CFP®, Product Manager 2. Adopt a rescue dog. Smart money isn't always about how much you're spending, but the value it brings to your life. For...Fining Customers For Negative Online Reviews Isn't New...Or Smart
Forbes - 7 Aug 2014 16:47
Businesses have shown remarkable creativity in developing ways to stop consumers from bashing them onlineGoogle and Barnes & Noble Team Up Against Amazon
Time - 7 Aug 2014 16:46
It's on, Amazon.Puerto Rico Weighs Restructuring Alternative
The Street - 7 Aug 2014 16:46NEW YORK (The Deal) -- The addition of a potential restructuring alternative for Puerto Rico's public corporations has not produced a clear winner. The Commonwealth of Puerto Rico's new restructuring... framework for the corporations and the possibility of extending Chapter 9 bankruptcy to them both have advantages and disadvantages, sources said. In June, the commonwealth passed a law commonly known as the Recovery Act that provides a framework for Puerto Rico's public corporations to restructure, which they had no formal way to do before. The act, however, has been plagued by investor litigation. Read: Have Favorite Childhood Restaurants Finally Died After Years of Agony? Partly in response to the lawsuits, Puerto Rico's resident commissioner and congressional representative, Pedro...
How Under Armour Smacks Down The Naysayers
Forbes - 7 Aug 2014 16:45
Last week, Under Armour published its newest ad spot featuring Misty Copeland, entitled “I will what I want.” The athletic apparel company made waves with this incredibly powerful video, which... speaks to the necessity of overcoming the naysayers. Plus, this woman’s athletic routine is not to be understated. To bring you up to speed to the millions of people who have already tuned in, check out the video:Winning Mutual-Fund Managers Beat The Competition, Not The Market
Forbes - 7 Aug 2014 16:45
A study of mutual fund managers over time shows that beating the competition is far more important than beating the market.Average US 30-year mortgage rate at 4.14 percent
Miami Herald - 7 Aug 2014 16:44
Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year.23-Year-Old NFL Player Forced To Retire Explains Why No One Should Feel Bad For Him
Business Insider - 7 Aug 2014 16:44
YouTube New York Giants running back David Wilson found out this week that he would have to retire from the NFL because of a spinal injury. Doctors advised Wilson to quit football because he has... diffuse cervical stenosis, a neck condition that could cause paralysis if he continued to play in the NFL. The 23-year-old was a first round pick in the 2013 draft and is eligible to receive $1.3 million of the $2.3 million remaining on his contract, according to Bloomberg. Having to retire after only playing for two years in the NFL is heartbreaking, but Wilson is looking for the positives in the situation. Wilson delivered an emotional, yet inspirational speech at a press conference. "Don't for a second, y'all, think I'm pitying myself, or sad. I got to live my dream. I'll set another dream and...The end of an empire
MoneyWeek - 7 Aug 2014 16:41When the paper runs out, so will the American empire, says Bill Bonner. The post The end of an empire was first published on MoneyWeek.
From Monkey Selfies To The Right To Be Forgotten, Wikimedia Talks Transparency
Forbes - 7 Aug 2014 16:41
The Wikimedia Foundation - the organization behind the Wikipedia online encyclopedia - has published its first Transparency Report, showing just what a hard line it takes on the removal of content.Colbert Dubs Running Away From Immigrants The 'Rand Paul-eo Diet' (VIDEO)
TPM - 7 Aug 2014 16:40Where many media types saw an epic flight response from Sen. Rand Paul (R-KY), Stephen Colbert saw a golden marketing opportunity.
Deutsche Telekom Hints that Iliad's T-Mobile US Bid Falls Short
The Street - 7 Aug 2014 16:39BERLIN (The Deal) -- Germany's Deutsche Telekom on Thursday obliquely confirmed that it had rejected an unsolicited takeover proposal for its T-Mobile US unit from French cellular upstart Iliad but... said it would be willing to consider viable approaches. "We have always said that we would be open to offers for T-Mobile US that would improve its position and that of its shareholders. At the moment, we don't have an offer that fits those criteria," Deutsche Telekom CEO Tim Hottges said during an earnings conference call. Hottges was reacting to a Wednesday decision by Sprint to end its talks with Deutsche Telekom about merging with T-Mobile US. Sprint had been expected to offer $40 per share for Deutsche Telekom's controlling T-Mobile stake -- which would value the company's entire equity...
Remembering to Give a Positive Review
The Huffington Post - 7 Aug 2014 16:38The other day I went to make a reservation at one of my favorite chain-restaurants. It was a Saturday and there are times that the restaurant can be crowded. Since I did not know the number to the... place off-hand, I went to look it up on my phone. After typing in the name and location, the phone number popped-up along with the restaurant's Yelp score. I paused for a second in surprise. The restaurant's score was 1.5 stars. After looking next to the score, I realized that it had only been reviewed 3 times, with 2 of the reviews being rated 1 star. While I am not sure if the Yelp score deterred people from going to the restaurant, it does bring up a point. Do patrons take the time to review things when they have a positive experience or do we expect this already, so why bother? While I can't...Thursday 8/7 Insider Buying Report: MSFT
Forbes - 7 Aug 2014 16:38As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at one noteworthy recent insider buy.
"Let Them Binge": Netflix Surpasses HBO In Subscription Revenue
Fast Company - 7 Aug 2014 16:38
But don't think Netflix has slain the cable Goliath just yet. Netflix has surpassed HBO in subscription revenue, CEO Reed Hastings proclaimed on his Facebook page Wednesday. Netflix subscription rates... have been consistently on the rise this past year--from just above $500 million to nearly $1.2 billion in the past year--while HBO's subscription revenue has remained comparatively steady, Quartz reports. Read Full StoryIn Facebook's Early Days, Mark Zuckerberg Could Be a Jerk Boss
inc - 7 Aug 2014 16:37
The social network founder used to scream at employees and fake-threaten them with a samurai sword.A 13-Year-Old Google Science Fair Finalist Has A Simple Idea To Stop Cyberbullying (GOOG)
Business Insider - 7 Aug 2014 16:37
Trisha Prabhu / Google Trisha Prabhu Trisha Prabhu, a 13-year-old from Chicago, won a spot as one of Google's 15 global Science Fair finalists for her project about stopping cyberbullying by making... teens and tweens think before posting hurtful comments. The science behind Prabhu's idea is simple: Teens are impulsive and more likely to post hurtful messages without pausing to think about the consequences because of their brain structure. The prefrontal cortex -- the part of the brain responsible for self-control that helps people think before acting -- isn't fully developed until age 25. Her theory is that if teens are forced to take a moment of reflection before posting a mean comment, they won't do it. She created a system called Rethink to test her hypothesis that prompted students...Politician Uses 'Dirty Diapers' To Explain Why He Should Go To Congress
Business Insider - 7 Aug 2014 16:37
Don Oehlrich found a novel way to tell voters why he should represent them in Congress. Oehlrich, a Republican who's running against incumbent Rep. John Mica (R-Florida) in the Sunshine State's 7th... district filmed an ad comparing Washington politicians to "dirty diapers." The clip, which was placed on YouTube on Wednesday, included a graphic demonstration involving a pitcher of excrement. "Politicians are a lot like diapers. When they're fresh, they serve their purpose, but when you allow them to sit around for too long, they're a mess and you can't get anyone to change them," Oehlrich declares as he pours the pitcher all over an empty diaper. "It's time for a fresh start." After his diaper demonstration, Oehlrich goes on to outline some of his positions including promises to "secure...Baseball Agency Blows Up Standard Agent Commission Model
Forbes - 7 Aug 2014 16:37
A baseball agency has taken the bold position of reducing the fees it charges its clients from the industry standard of 4% to 1.5%, which should shake up the business of representing athletes.The World's Most Valuable MLB Agencies
Forbes - 7 Aug 2014 16:37
The most valuable MLB sports agencies in the worldBank of America Closing in On a $16-17 Billion Settlement
Boston - 7 Aug 2014 16:36Bank of America Corp. and the Justice Department are closing in on a landmark deal in which the bank will pay up to $17 billion to resolve mortgage probes, according to people familiar with the... matter. WSJ's Andrew Grossman joins the News Hub with the details.
Bank of America Closing in On a $16-17 Billion Settlement
Boston - 7 Aug 2014 16:36Bank of America Corp. and the Justice Department are closing in on a landmark deal in which the bank will pay up to $17 billion to resolve mortgage probes, according to people familiar with the... matter. WSJ's Andrew Grossman joins the News Hub with the details.
Forex reserves less than eight months' imports, lower than 14 years ago
livemint.com - 7 Aug 2014 16:36
Assuming forex reserves stay at the current level and imports rise by 10%, the reserves would come down to 7.5 months at the end of March 2015Thurs., Aug. 7: 21st Century Fox Among Stocks to Watch
Boston - 7 Aug 2014 16:36Investors are eyeing 21st Century Fox, Green Mountain Coffee and Bank of America stock Thursday morning. Emma Moody tells why on the News Hub with Simon Constable.
6 Ways Nature Is Inspiring Human Engineering
Forbes - 7 Aug 2014 16:36
Biomimetics, or the imitation of nature for the purpose of solving complex human problems, has been around for centuries. Examples are everywhere, from aircraft wings and the treads on tires to... climbing robots and solar panels, and in recent years biomimicry has led to new breakthroughs in such areas as fabrication, nanotechnology and biomedicine.Markets steady as central banks take center stage
L.A. Times - 7 Aug 2014 16:35Some cellphone calls to 911 are notoriously hard to trace. But now we're one step closer to a fix.
Washington Post - 7 Aug 2014 16:34Today, federal standards help 911 call centers find victims within minutes if they're calling from outdoors or from a landline. In most cases, help arrives on the scene with no complications at all.... But for people calling 911 on a cellphone indoors, it's often a different story. Being inside thwarts GPS signals used by cellphones and dispatchers to locate people in an emergency.
Cliven Bundy: God Has Told Me It's Time to Disarm The Feds
TPM - 7 Aug 2014 16:34Nevada rancher Cliven Bundy said during a radio interview on Wednesday that God has told him that the federal government needs to be disarmed.
4 Good Reasons To Cancel Your Weekly Staff Meeting
Forbes - 7 Aug 2014 16:31
Want to stop wasting time in staff meetings? Here's how to make it happen.16 great educational apps to get kids ready to go back to school -- handpicked by the experts
Venture Beat - 7 Aug 2014 16:30
These educational apps, chosen by passionate educational technology experts, might help prevent summer learning loss in kids.5 Insidious Ways Goal Setting Sucks the Life Out of Entrepreneurs
inc - 7 Aug 2014 16:30
Despite the many benefits of setting goals, doing so could sabotage your growth efforts.3D Printing Fortunes Diverge As Stratasys, 3D Systems Report Vastly Different Quarters
Forbes - 7 Aug 2014 16:30
It may be time for the 3D printing industry to crown a new king.Draghi: ECB Remains Ready To Act As Necessary, Rates To Be Low For 'Extended Period'
Forbes - 7 Aug 2014 16:29(Kitco News) - European Central Bank President Mario Draghi said Thursday that existing monetary accommodation should get the eurozone economy back on track, but he also reiterated the governing... council’s willingness to do more if necessary, adding that interest rates will remain low for an extended time.
Are You A *Real* Conservative?
TPM - 7 Aug 2014 16:27You can see impeachment emerging as a wedge issue among Republicans. Or maybe more precisely as a litmus test, a basic measure of conservative bona fides. Right alongside opposing abortion or... repealing Obamacare. No room for debate. You either are or you aren't. Here's Alaska's Joe Miller challenging one of his opponents for the GOP Senate nomination on whether he supports impeachment.
U.S. Jobless Claims Fall
The New York Times - 7 Aug 2014 16:27The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a further strengthening of labor market conditions.
Sales and Storytelling With Craig Wortmann
The Huffington Post - 7 Aug 2014 16:26I came across a job post for a director of sales role on a startup's website, and the required skills and experience section enlisted: i) emotional intelligence, ii) self-awareness, iii) active... listening, iv) conflict resolution. These are precisely the skills, along with storytelling, that I want to master at this stage of my career, and I am lucky to be in a sales position at LinkedIn. Learning to problem solve, deliver value and communicate effectively as a salesperson will greatly benefit me in any and every professional and personal pursuit in future. I recently had the opportunity to meet with Craig Wortmann, a three-time star CEO, clinical professor of the award-winning Entrepreneurial Selling MBA course at Booth, and bestselling author of What's Your Story?, a book that looks at...Sprint (S) Stock Recovers After Dropped T-Mobile (TMUS) Deal
The Street - 7 Aug 2014 16:26NEW YORK (TheStreet) -- Sprint recovered Thursday after the third-largest U.S. wireless carrier dropped its bid to merge with fellow carrier T-Mobile . Sprint plunged Wednesday after news broke... that the company had ended merger talks with the fourth-largest U.S. wireless carrier, and French wireless company Iliad reportedly resumed its talks to acquire 56.6% of T-Mobile for approximately $15 billion. Sprint also named Marcelo Claure as its new CEO to replace Dan Hesse. The 43-year-old Claure founded mobile-phone distributor Brightstar. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Sprint was up 1.52% to $5.99 at 10:18 a.m. S data by YCharts...
Giant Chino Hills apartment complex sold; new owner eyes families
L.A. Times - 7 Aug 2014 16:25What Would Woody Guthrie Say About Jim Parsons' $100 Million 'Big Bang Theory' Payday?
Forbes - 7 Aug 2014 16:25
Call it a rare victory for organized labor. Kind of. It's a little hard to think of Big Bang Theory stars, Kaley Cuoco, Jim Parsons, and Johnny Galecki, as an ad hoc union that employed hardball... tactics to gain a significant pay increase for its membership, but that's exactly what happened.The CEO Of eHarmony Thinks Dating Apps Like Tinder Are Superficial And Will Never Work
Business Insider - 7 Aug 2014 16:24
YouTube The new trend in online dating is swiping. Swipe to the right if you're interested, to the left if you're not. It's as easy as that. But for someone who has invested the past decade in online... dating, this trend is incredibly depressing. We recently spoke with Neil Clark Warren, the CEO of eHarmony, and he is not too fond of this new trend of online dating. "I'm sad about it, to tell you the truth, because it doesn't work," he told Business Insider. "It won't work over time. These new apps tend to be so superficial. They will allure a lot of people into thinking that they belong together when they perhaps don't belong together at all. They're depending on superficial almost accidental compatibility. Compatibility is a serious matter, and it's very deep and very important to figure...FORBES Twitter Chat: Hannah Elliott On Automobiles
Forbes - 7 Aug 2014 16:24
Want to know more about the $30 million Ferrari rally that went through New York City? Or how about the new S65 AMG Coupe from Mercedes? Reporter Hannah Elliott, who has sat with Red Bull's first... woman rally driver as she hit 120mph in a parking lot, is here toNasdaq 100 Movers: DISCA, FOXA
Forbes - 7 Aug 2014 16:24In early trading on Thursday, shares of Twenty-First Century Fox (FOXA) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 7.2%. Year to date, Twenty-First... Century Fox has lost about 1.5% of its value.
The Foolproof Way To Determine When And How To Take Time Off
inc - 7 Aug 2014 16:23
Four tips you need to know before taking time off.The Wall Street Journal: U.S. regulators urge Deutsche Bank to improve controls
Market Watch - 7 Aug 2014 16:23Confidential memorandum of understanding formally orders bank to make far-reaching improvements.
Every Guy Should Own A Navy Blazer -- Here's How To Wear One
Business Insider - 7 Aug 2014 16:23
Brooklyn Tailors Every man should own a navy blazer. It's a closet staple that goes with absolutely everything. The problem is that some men just don't know how to style one, and stick to pairing... their blazer with a boring white button down and khakis. But a navy blazer can be so much more. We reached out to the senior stylists at Bombfell, a monthly personalized clothing subscription site, to help us put together four looks that all centered around a Brooklyn Tailors Italian navy wool jacket (above). Keep reading to see the outfits, how to wear them, and where to buy them. 1. The Navy Suit Megan Willett/Business Insider (Shirt: Z Zenga Poplin Shirt, $281; Tie: Gitman Brothers Silk Tie, $115; Pants: Brooklyn Tailors Navy Trousers, $285; Suspenders: Ben Sherman Classic Braces, $25; Tie...Fannie, Freddie post profits in 2Q; pay dividends
News Observer - 7 Aug 2014 16:23Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover. Gains in recent years have enabled them... to…
S&P 500 Movers: DISCA, FOXA
Forbes - 7 Aug 2014 16:23In early trading on Thursday, shares of Twenty-First Century Fox (FOXA) topped the list of the day's best performing components of the S&P 500 index, trading up 7.3%. Year to date, Twenty-First... Century Fox has lost about 1.3% of its value.
3D Printing Company Stratasys Is Soaring (SSYS, DDD)
Business Insider - 7 Aug 2014 16:23
Isaac Mao/flickr Stratasys shares were up as much as 19% Thursday after the 3-D printing company reported a 67% jump in quarterly revenue. The Minnesota- and Israeli-based firm reported a net loss... of $173,000, or break even on a per share basis, in the second quarter, compared with a loss of $2.8 million, or 7 cents per share, a year earlier, Reuters said. Net revenue rose to $178.5 million from $106.5 million, Reuters said. "We continue to observe strong positive sales momentum for our higher-performance systems and materials, which is reflected in the impressive 35% organic revenue growth we generated during the second quarter," said David Reis, chief executive officer of Stratasys, in the firm's release. Rival 3D Systems is riding Stratasys' momentum and is up nearly 4%. Full...UK Exporters Take Pounding
Boston - 7 Aug 2014 16:22Octink's a family company - just 100 people employed, many at their signage factory here in London. But although the British economy is looking up, times for this exporter are tough.
Stocks Rise on Earnings, Labor Market Numbers
NBC News - 7 Aug 2014 16:21Stocks gained ground on corporate earnings and positive data on the labor market, but investors also kept a wary eye on the situation in Ukraine.
Dow Movers: UNH, CAT
Forbes - 7 Aug 2014 16:21In early trading on Thursday, shares of Caterpillar (CAT) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.1%. Year to date, Caterpillar registers a... 13.0% gain.
Google's new algorithm prioritizes encrypted sites in search results
Venture Beat - 7 Aug 2014 16:20
Google is pushing for a "safer" web with its new S search ranking signal.Facebook buys PrivateCore, a security startup built by ex-Google & VMWare staff
Venture Beat - 7 Aug 2014 16:19
Facebook has acquired PrivateCore, a security startup focused on encryption and malware prevention, according to a blogpost by PrivateCore chief Oded Horovitz.Causes for concern identified in property management sector in England and Wales
Property Wire - 7 Aug 2014 16:18The Competition and Markets Authority (CMA) has issued an update on its market study into the provision of residential property management services in England and Wales. The study, which was launched... in March 2014 by the CMA's predecessor the Office of Fair Trading (OFT), is looking at whether the market is working well for leaseholders and whether there is effective competition in the sector. The CMA has identified a number of causes for concern about how the market works. It says that some leaseholders appear to suffer from a lack of control over aspects of property management, and may experience excessive or unnecessary charging for services arranged by property managers, poor service quality, insufficient transparency, poor communication and ineffective redress. At the same time, other...
PSC commissioners question Cleco's CEO
Miami Herald - 7 Aug 2014 16:18Louisiana Public Service Commission members spent nearly two hours quizzing Cleco CEO Bruce Williamson about why he wants to sell the publicly traded utility based in Pineville.
Top Swing Trade Ideas for Thursday, August 7: First Solar, Pepsico, More
The Street - 7 Aug 2014 16:15NEW YORK (TheStreet) -- Good day, traders! Today's top swing trade picks are First Solar , Pepsico and Tesla .
Tumblr blocks Bloglovin, fashion's number-one RSS reader with 25M users
Venture Beat - 7 Aug 2014 16:14
Bloglovin, possibly the only RSS reader to win over the fashion and beauty industry, received some bad news last week: a strict block from Yahoo’s Tumblr that prevents all Bloglovin users from... accessing Tumblr blogs via the site. Bloglovin commands over 25 million users to date — up significantly from 16 million in April — and focuses largely on women’s lifestyle […]Apple Describes What It Would Be Like To Use Siri On Your Mac (AAPL)
Business Insider - 7 Aug 2014 16:14
USPTO.gov Here's what Siri may look like on your Mac Have you ever wanted to ask your Mac a question? In the future, you may be able to speak aloud to Siri through your Mac if a new Apple patent... application ever comes to fruition. The patent, which was first spotted by Apple Insider, describes how a desktop version of Siri would work. For instance, you could summon Siri by performing a specific gesture, which would involve holding a key, clicking on something within the OS X interface, or forming a pattern on the tocuchpad. (Mac users can already use the dictate feature in OS X 10.8 or later by tapping the function key "fn" twice, but you can also customize that particular shortcut.) According to the patent, once you activate Siri, the virtual assistant would be smart enough to know...Exclusive: VW axes McKinsey cuts blueprint as union balks- sources
Reuters - 7 Aug 2014 16:13FRANKFURT/BERLIN
Why Stratasys (SSYS) Stock Is Jumping Today
The Street - 7 Aug 2014 16:13NEW YORK (TheStreet) -- Stratasys was gaining 15.9% to $114.59 Thursday after beating analysts' estimates for the second quarter and guiding above estimates for the year. The 3D printer maker... reported earnings of 55 cents a share for the second quarter, beating the Capital IQ Consensus Estimate of 44 cents a share by 11 cents. Revenue grew 67.6% from the year-ago quarter to $187.5 million. Analysts expected revenue of $156.97 million for the quarter. Stratasys said it expects earnings of $2.25 to $2.35 a share for the full year, above analysts' estimates of $2.18 a share. The company expects revenue of $750 million to $770 million for full year 2014, above analysts' estimates of $688.49 million. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has...
New publisher named for Post-Star in Glens Falls
Miami Herald - 7 Aug 2014 16:13Terry Coomes (kooms), a former newspaper advertising executive in North Carolina, has been named publisher of The Post-Star in Glens Falls.
The 7 Worst Mistakes People Make In Their 30s
Business Insider - 7 Aug 2014 16:11
Peter Macdiarmid/Getty Maintaining personal relationships requires more effort in your 30s than it did in your 20s. Your 30s are typically a time for settling down, after using your 20s to take risks... and find yourself. Many 30-somethings are busy raising a family and rising through the hierarchy at work. Those who have already been through that decade say that as their responsibilities accumulated, it became easier to neglect relationships and ignore opportunities that they would never get again. Quora users discussed lessons they learned in the thread: "What is the biggest mistake you made in your 30s and what did you learn from it?" We've collected some of the best responses: They abandon their loftier aspirations. Twenty-somethings are often willing to settle for a job they are not...The Largest Mega-Yacht Ever Built In China Is Incredibly Luxurious
Business Insider - 7 Aug 2014 16:11
Pride Mega Yachts Pride Mega Yachts announced this week that the company has sold its nearly 300-foot vessel, "Illusion." The buyer and purchase price weren't mentioned in the company's announcement.... But this is the biggest mega-yacht ever built in China, a country that the industry is eyeing for its growing population of luxury consumers. China's wealth is expanding rapidly, but the country has -- so far -- very few owners of high-end pleasure craft, relative to other rich nations. "Illusion demonstrates that Pride Mega Yachts can create superior-quality yachts of the highest standards," the company said in a statement. "This showpiece, one-of-a-kind yacht represents our dedication and continued ambition in pursuing and discovering new ideas in the development of high-end superyachts."...3 Ways to Take Advantage of Downtime
inc - 7 Aug 2014 16:09
The dog days of summer are a great opportunity to reach out in ways you normally don't have time forHow Wall Street Tobacco Deals Left States With Billions In Toxic Debt
The Huffington Post - 7 Aug 2014 16:09
In November 1998, attorneys general from across the country sealed a historic deal with the tobacco industry to pay for the health care costs of smoking. Going forward, nearly every cigarette sold... would provide money to the states, territories and other governments involved -- more than $200 billion in just the first 25 years of a legal settlement that required payments to be made in perpetuity. Then, Wall Street came knocking with an offer many state and local politicians found irresistible: Cash upfront for those governments willing to trade investors the right to some or all of their tobacco payments. State after state struck deals that critics derided as "payday loans" but proponents deemed only prudent. As designed, private investors -- not the taxpayers -- would take the hit if...Satyam case: Sebi files complaints against Ramalinga Raju, others
livemint.com - 7 Aug 2014 16:09
Complaints deal with unfair trade practices and highlight violations of insider trading regulationsBefore-And-After GIFs Show Utter Devastation Of Gaza After Israel's Offensive
Business Insider - 7 Aug 2014 16:08
REUTERS The U.N. has released satellite photos showing areas in the Gaza Strip before and after Israel's Operation Protective Edge. The 29-day offensive destroyed most (if not all) of the tunnels... built by Hamas under the strip, as well as much of the infrastructure. Haaretz reports that the "Palestinian Labor Minister estimated this week the cost of rebuilding Gaza's destroyed structures - not including damage to private property - at $5 billion." As many as 10,000 housing units were destroyed, and about 30,000 were damaged. A 72-hour cease-fire is into its last day as Hamas, which is considered a terrorist group by the U.S. and the EU, refused to prolong the agreement until an Israeli-Egyptian blockade of Gaza was lifted and prisoners held by Israel were freed. Here's a look at some...US stocks climb on economy; Europe bonds rise on ECB, Ukraine
livemint.com - 7 Aug 2014 16:05
The S&P 500 Index advanced 0.4% in New York; the Stoxx Europe 600 Index added 0.1%Will This Price Target Increase Help Carnival (CCL) Stock Today?
The Street - 7 Aug 2014 16:04NEW YORK (TheStreet) -- Carnival Corp. was upgraded to "buy" from "neutral" with an increased price target to $45.50 from $42.90 at Bank of America/Merrill Lynch . Shares of Carnival are up 2.36%... to $37.10. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Separately, TheStreet Ratings team rates CARNIVAL CORP/PLC (USA) as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation: "We rate CARNIVAL CORP/PLC (USA) (CCL) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or...
The 1% May Be Richer Than You Think, Research Shows
The Huffington Post - 7 Aug 2014 16:03
The 1 percent is literally rich beyond measure, depriving nations of billions in tax revenue and obscuring shifts in global inequality.The Kardashians Have A Hair Tools Line Now, Because Of Course
The Huffington Post - 7 Aug 2014 16:01
There are plenty of reasons we kan't keep up with the Kardashians. Between pregnanices and million-dollar-grossing phone apps, it seems like every day they're debuting some type of new product/family... member. And today is no different. Women's Wear Daily reported Thursday that sisters Kardash are launching a line of hair tools in partnership with Farouk Systems, the powerhouse behind some of your favorite hair products (Chi and Biosilk, anyone?) Whether you love them or not, you can't deny that the trio has, well, gorgeous hair. So it was only a matter of time before they made their foray into this market. Of course, when you have a glam squad with you at all times, your hair is bound to look perfect. We can't imagine consumers will see the exact same results, but we have a feeling that...Mortgage rates continue to hover near yearly lows
Washington Post - 7 Aug 2014 16:01Mortgage rates showed little movement once again this week, continuing to hover near yearly lows, according to the latest data released Thursday by Freddie Mac. The 30-year fixed-rate average bumped... up to 4.14 percent with an average 0.7 point. It hit its yearly low of 4.12 percent a week ago and was 4.4 percent a year ago.
AP sources: Trump first up in meeting with Bills
News Observer - 7 Aug 2014 16:01The sale of the Buffalo Bills entered the next phase with prospective ownership groups, including Donald Trump, meeting with team officials to prepare formal bids.
Why Wendy's (WEN) Stock Is Higher Today
The Street - 7 Aug 2014 16:01NEW YORK (TheStreet) -- Shares of The Wendy's Co. are up by 1.38% to $8.09 at the start of trading on Thursday, after the company reported an increase in its 2014 second quarter net income to $29... million from $12.2 million for the second quarter of 2013. The fast food chain's reported earnings per share spiked to 8 cents for the 2014 second quarter, from 3 cents for the 2013 quarter, while adjusted earnings grew by a 1 cent to 9 cents per share.However, revenue for the second quarter dropped to $523.4 million versus $650.5 million for the 2013 second quarter. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Wendy's sold 418 company-operated restaurants...
Is Apple Losing its Creative Mojo?
Harvard Business Review - 7 Aug 2014 16:00No, but it's maybe getting a bit smarter about creativity.
Scribd redesigns ebook subscription service to outshine Kindle Unlimited
Venture Beat - 7 Aug 2014 16:00
Scribd is rolling out a revamped version of its unlimited digital book service today. Ebook subscription services are getting more popular lately, partly because Amazon finally starting to offer one... of its own, Kindle Unlimited, last month. Scribd compete’s with Amazon’s service as well as with established rival Oyster. The Scribd service offers people a selection […]Fannie Mae, Freddie Mac to send U.S. Treasury $5.6 billion
Reuters - 7 Aug 2014 16:00WASHINGTON
Hacker claims he controlled appliances in every room of a five-star hotel
Venture Beat - 7 Aug 2014 16:00
The Starwood hotel chain responded by taking down its iPad-controlled room network.How to Make Your Presence Felt
inc - 7 Aug 2014 16:00
Forget appearances--concentrate on presence. Here's how to stand out in person and online.Obama Joins Blame Game As Companies Flee U.S. For Lower Tax Rates
Forbes - 7 Aug 2014 16:00
Walgreens made news this week for what it DIDN'T do: flee the U.S. for lower tax rates. As corporate inversions continue, the President, Congress and others are looking for someone to blame... and... they think they've found it: accountants and lawyers.Learning To Love Volatility
Forbes - 7 Aug 2014 16:00
There's nothing like good market volatility. It makes me sleep well at night. Plunging prices, several days of bad news, it makes me all smiles. No, I'm not a masochist. I just know that weak-minded... investors become nervous and sell in a roller-coaster market, and that gives me more opportunities to buy at cheap prices.Are Millennials Cheating Themselves by Buying Homes Later?
The Street - 7 Aug 2014 16:00NEW YORK (TheStreet) -- Millennials, the generation born from the early '80s to early '00s, have been starting families and buying homes later than their predecessors, thanks to the Great Recession... and its ripple effects. Many experts have assumed this is temporary. But what if it isn't? Are these young folks cheating themselves? A survey by Zillow, the online home marketplace, suggests this pattern could have legs, with first-homebuyers' average age rising to 32 over the next 10 years, from 31 last year and 30 in the years before the housing collapse of the mid-2000s. The survey of housing experts looks only at millennials who do buy, while many others are just continuing to rent or live with parents. Nationally, the homeownership rate has fallen to less than 65%, from 69% just before...
Howard Gold's No-Nonsense Investing: This market expert sees big upside for stocks
Market Watch - 7 Aug 2014 15:59The bull market is starting a new phase that could last a decade, says technical analyst Craig Johnson. Columnist Howard Gold tells why that prediction could come true.
Student Loan Debt Can Lead to Middle-Age Malaise
NBC News - 7 Aug 2014 15:59
People saddled with big college loans are more likely to suffer from poor health and have a less upbeat attitude to life in middle age, a poll shows.On Leadership: Turning around an agency with the least satisfied government workers
Washington Post - 7 Aug 2014 15:58Last year's "Best Places to Work in the Federal Government" rankings listed the Economic Development Administration dead last in employee satisfaction. Since then the agency, which provides... investments to help distressed communities spur economic growth, has taken on new leadership in the form of Jay Williams, the assistant secretary of commerce in charge of the EDA. Williams previously served as the executive director of the Office of Recovery for Auto Communities and Workers, and was the mayor of Youngstown, Ohio.
Bulls Think Nothing Can Stop Steel Dynamics
The Street - 7 Aug 2014 15:58By David Russell of OptionMonsterNEW YORK -- Steel Dynamics has been ripping, and the bulls think it will keep running into early 2015. OptionMonster's tracking systems detected the purchase of... about 1,400 February 24 calls for 50 cents and 2,100 February 22 calls for $1.25 and $1.30. Volume exceeded open interest at both strikes, which indicates new money was put to work on the long side. Calls lock in the price where investors can buy a stock, allowing them to control a rally with limited cost. They can also generate significant leverage if shares move in the right direction. Steel Dynamics rose 0.33% to $21.51 on Wednesday, and is up 17% in the last month. Most of that move came after quarterly revenue beat expectations and the company bought domestic steel plants from Russia's...
Pressure Intensifies For ECB's Draghi
Forbes - 7 Aug 2014 15:57
Summer holidays? What summer holidays? It is near impossible to take your eyes off the trading screens, in doing so, one may misinterpret the next event or geopolitical risk that has been thrown at... capital markets in the most unique of times. Market dynamics are shifting, albeit regional, political, and economical. For dealers and investors, that provides asset price movement and a host of trading opportunities among the varying asset classes -- bonds, equities, forex and commodities.Markets Steady as Central Banks Take Center Stage
ABC News - 7 Aug 2014 15:56Global markets steady as European central banks keep rates on hold amid Ukraine concerns
How Facebook Has A Huge Opportunity in China
The Street - 7 Aug 2014 15:55NEW YORK (TheStreet) -- Even as Facebook has grown to over 1.3 billion monthly-active users, the world's largest social platform has an enormous opportunity in China, the world's largest Internet... market, a market where it currently doesn't have much of a presence. Goldman Sachs analyst Heather Bellini, who rates Facebook a buy with a 12-month price target of $85, is betting on the China story. Bellini says that Facebook, which recently opened a sales office in China, could generate an additional $10 billion in revenue and $1.18 in non-GAAP earnings per share over a five year period if the company can enter the country in force by 2017 with the goal of capturing 20% of its market by 2021. "In our view, China presents a strong expansion opportunity for FB which is not in our forecasts but,...
Ex-MTV VJ Kennedy: Current GOP Figures Are A Lot Like '90s Rock Bands
TPM - 7 Aug 2014 15:54Kennedy, the one-name wonder who now serves as the semi-youthful libertarian voice at the Fox News empire, believes that a trio of Republican politicians are -- surprise, surprise -- just like three... bands that peaked when she was an MTV VJ in the 1990s.
Teenagers Worship YouTube Stars More Than Hollywood Celebrities
Business Insider - 7 Aug 2014 15:54
A new survey from Variety shows that YouTube stars are more popular with teenagers than Hollywood A-listers. The survey encompassed the opinions of 1,500 teenagers on 20 well-known personalities (some... from YouTube and some from mainstream media.) The teens were to rank the stars "in terms of approachability, authenticity and other criteria considered aspects of their overall influence." According to Variety, it was found that "the five most influential figures among Americans ages 13-18 are all YouTube faves, eclipsing mainstream celebs including Jennifer Lawrence and Seth Rogen. The highest-ranking figures were Smosh, the online comedy team of Ian Andrew Hecox and Anthony Padilla, both 26." YouTube The first Hollywood celeb that appeared on the list was the late Paul Walker at number 6....Kanye West Is Worried About Paparazzi Using Drones To Film His Daughter
Business Insider - 7 Aug 2014 15:53
YouTube/BBC Kanye West's hatred for the paparazzi is well-documented, but according to TMZ (via The Verge), the Chicago-born rapper said he's worried about photographers stalking his family by air. He... stated his fears during his deposition for a civil lawsuit filed by photographer Daniel Ramos, who sued the hip-hop artist for assault and battery last year over an incident that occurred at LAX that summer. Here's West in his own words, according to the deposition: Is your daughter stalked by like drones? Are there drones flying where she's trying to learn how to swim at age 1? ... Wouldn't you just like to just teach your daughter how to swim without a drone flying? What happens if a drone falls right next to her? Would it electrocute her? Could it fall and hit her if that paparazzi doesn't...MasterCard Popular Amongst Latest 13F Filers
Forbes - 7 Aug 2014 15:52At Holdings Channel, we have reviewed the latest batch of the 36 most recent 13F filings for the 06/30/2014 reporting period, and noticed that MasterCard (NYSE: MA) was held by 12 of these funds. When... hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look.
Tea Party Senate Hopeful Is Another Voice In Obama Impeachment Chorus
TPM - 7 Aug 2014 15:51Alaska GOP senate hopeful and tea party favorite Joe Miller has become yet another Republican voice urging President Barack Obama's impeachment. The Alaska Dispatch News reported that Miller called... for House Republicans to seek impeachment at a Chamber of Commerce candidate forum on Wednesday. "I think we all agree that Obama's out of control," Miller said.
I'm feeling a bit hard done by
MoneyWeek - 7 Aug 2014 15:50After years of political meddling with capital gains tax, investors have ended up with the worst of both worlds, says David Thornton. The post I'm feeling a bit hard done by was first published on... MoneyWeek.
Tesla Easily Beats Four Other Momentum Stocks During Earnings Season
The Street - 7 Aug 2014 15:49NEW YORK (TheStreet) -- In a race among five momentum stocks, Tesla easily won the earnings leg of the contest with a gain of 14% since my July 9 momentum stock post. Apple and Google are down... fractionally since that date, while Amazon is down 3.1%, and Netflix is down 3.3%. What Apple CEO Tim Cooks Means When He Promises iPad Innovation During this time frame, the S&P 500 500 Index set an all-time high at 1991.39 on July 24. The S&P is up 3.9% year to date and 3.6% off its record high. The five momentum stocks are members of the Nasdaq Composite Index, which set a multiyear intraday high at 4485.93 on July 3. The Nasdaq is 2.9% below its July 3 high and is up 4.3% year to date. Here are the updated profiles, followed by the latest "Crunching the Numbers" tables. Apple ($94.96)...
McKesson On Tour: Local Health In Every City
Forbes - 7 Aug 2014 15:48
Providing quality health care begins at the local level, with individuals and communities evaluating how people want, need and really access care. One company believes that its ability to bridge the... conversation between payers, providers, innovators and manufacturers can improve health technology and outcomes. Through its Better Health Tour, San Francisco-based McKesson’s simple goal is to create conversations between local health innovators and experts that serve as a catalyst for change. Throughout 2014, McKesson has carried out various legs of a nation-wide “tour” to introduce and foster exchanges between different experts in the health sector. While conversation alone is not a solution, alignment in vision could be the catalyst for connecting pieces of a very broken system. That...Texas group marks 25 years of electronic TollTags
Miami Herald - 7 Aug 2014 15:48The North Texas Tollway Authority this month marks the 25th anniversary of its electronic TollTag technology by offering drivers a price break.
CU approves $13M for athletic project cost hikes
Miami Herald - 7 Aug 2014 15:48The cost of upgrading the University of Colorado's athletic facilities is rising.
Kansas GOP Official Called For Threatening Muslims 'With A .45'
TPM - 7 Aug 2014 15:47A Republican party official in Kansas said early July that "offending Muslims is the duty of any civilized person" and added: "Especially with a .45," according to the Kansas City Star. The paper... reported that the vice chairman of the Kansas GOP's 3rd Congressional District Committee, Gavin Ellzey, posted the comment to Twitter. He deleted it after receiving calls, saying he wasn't trying to offend anyone, wouldn't shoot anyone and doesn't even own a gun, per the Star.
Russia Agrees To Let Snowden Stay For Three More Years
TPM - 7 Aug 2014 15:47MOSCOW (AP) -- Former NSA systems analyst Edward Snowden, who is wanted by the U.S. for leaking details about once-secret surveillance programs, has been granted permission to stay in Russia for three... more years, his lawyer said Thursday.
Does Congress Really Care About The Deficit? Not When It Comes To Vets And Highways
Forbes - 7 Aug 2014 15:47Next time a lawmaker starts to pontificate about the desperate need to reduce the budget deficit, remind him (or her) about what Congress did just before it left town last week. It passed two bills... that are extremely important, but didn’t pay for either of them. And they are likely to add tens of billions of dollars to the flow of red ink over the next decades.
Friendliest U.S. City? Southern Hospitality Reigns
NBC News - 7 Aug 2014 15:45
Southern hospitality reigns supreme in a recent survey of America's friendliest cities. Meanwhile, two New Jersey cities were voted least amicable.Dems Review Steps To Replace Candidate After Plagiarism Charges
TPM - 7 Aug 2014 15:44HELENA, Mont. (AP) -- Sen. John Walsh hasn't made a public appearance since the weekend, and Montana Democrats are reviewing the steps they would need to take to replace him with another candidate if... he decides to withdraw from the Senate race.
Russia Food Boycott Set To Hurt Europe Most In Lose-Lose Battle
Forbes - 7 Aug 2014 15:44
The political war over Ukraine has escalated with trade boycotts. Russia has announced a ban on US food and European fruit and vegetable imports. This will hurt especially growers of fruit and... vegetables and not yet the big European listed food groups such as Danone or Nestle.How Will JD.com (JD) Stock Be Affected Today By This New Coverage?
The Street - 7 Aug 2014 15:42NEW YORK (TheStreet) -- JD.com shares are up 1.2% to $27.84 in early market trading on Thursday after the Chinese online direct sales company had coverage initiated with a "market perform" rating by... analysts at William Blair. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. JD data by YChartsSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Click to view a price quote on JD.
Teen Charged In Motel Bathtub Murder
TPM - 7 Aug 2014 15:41HOUSTON (AP) -- A teenager has been charged with murder in the slaying of a 35-year-old man whose beaten and stabbed body was found in a Houston motel bathtub.
Raytheon's Gamble On Self-Guiding Missiles
Fast Company - 7 Aug 2014 15:41
Defense giant Raytheon, facing reduced Pentagon orders, is betting self-guided Tomahawk missiles will change the Navy's mind. For defense contractor Raytheon, this summer's hectic news cycle coincided... with an important time for their well-known Tomahawk missiles. The rise of ISIS's improvised state in Iraq, the fighting in Israel and Gaza, and the downing of Flight MH17 over the eastern Ukraine coincided with the end of the fiscal year and massive, $1 trillion+ cuts in defense spending. Part of this is expected to include the Navy eventually curtailing Tomahawk use in favor of a new, to-be-designed missile. Read Full StoryL Brands sees quarterly earnings at high end of guidance
Market Watch - 7 Aug 2014 15:40July sales at L Brands smash market expectations.
Why Duke Energy (DUK) Stock Is Higher Today
The Street - 7 Aug 2014 15:40NEW YORK (TheStreet) -- Shares of Duke Energy Corp are up 2.41% to $71.52 in early market trading following the company's strong second quarter earnings, highlighted by an 80% jump in profit due to... favorable weather and a lower tax rate. The energy company reported second quarter earnings of $609 million, or 86 cents a share, compared with $339 million, or 48 cents a share in the same quarter of 2013. Adjusted earnings per share were $1.11, higher than the 87 cents per share from a year ago, and beating the 98 cents per share estimate by analysts at Thomson Reuters. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Revenue for the quarter was up 1.2% year...
100 Best Websites For Entrepreneurs
Forbes - 7 Aug 2014 15:39
Whether you're seeking advice on raising capital, scaling your business or looking for general industry insight, these sites are worth reading.Stock Market Today: Stocks Rise as U.S. Joblessness Trends Lower
The Street - 7 Aug 2014 15:39NEW YORK (TheStreet) -- The major U.S. stock markets started on a strong note on Thursday after the S&P 500 finished above its 100-day moving average on Wednesday and appeared to clear one obstacle... toward another near-term pop. The overall mood on Wall Street also got a boost from signs that U.S. jobless claims trended lower. The Labor Department said that initial jobless claims dropped by 14,000 to a better-than-expected 289,000 last week and the four-week claims average fell to its lowest level since February 2006. The markets were also keeping an eye on the Federal Reserve's June consumer credit growth report at 3 p.m. EDT. The European Central Bank, as expected, kept benchmark rates at record lows. ECB President Mario Draghi said in a press conference that the impact on the eurozone...
She Got MY Job!
The Huffington Post - 7 Aug 2014 15:38Why did she get the job? Why not me? Was it her resume? interview? Or is there something else? There is something else. You never see it in the standard "how-to" books on getting a job. It's not part... of career development or outplacement. It's a moment. Listen to the stories of why someone found work. Any kind of work. And you will often hear them describing a moment. It's the moment when that person started thinking differently. That moment can be why SHE got job. Not you. Start asking questions about that moment. Ask the person, 'What prompted you to think differently? What were you doing just then? What set you off on this new thought?' The answer you get might seem totally bizarre. You might find yourself saying, "What do you mean, a MOVIE got you thinking differently? What movie?...GSK Consumer Healthcare gets off growth wagon
livemint.com - 7 Aug 2014 15:37
Perhaps this quarter was an aberration, but if it isn't, GSK Consumer is unlikely to wait for the market to improveBuffalo Wild Wings CEO Tackles the Future With Innovation
The Street - 7 Aug 2014 15:36NEW YORK (TheStreet) -- Investing is a journey, not a sprint. Buffalo Wild Wings long-term financials exemplify why patience in the investing process pays dividends. Led by long-time President and CEO... Sally J. Smith, Buffalo Wild Wings, the beer, wings and sports-watching outfit, has grown to more than 1,030 owned and franchised locations in the U.S., Canada and Mexico. Through new introductions to the menu such as limited-time wing sauces, and restaurant remodels that project a stadium-viewing experience, "B-Dubs" as it's affectionately referred to by regulars, has served up a sizzling financial track record.
Will Ixia (XXIA) Stock Be Negatively Impacted By This Ratings Downgrade?
The Street - 7 Aug 2014 15:36NEW YORK (TheStreet) --Shares of Ixia are down by -1.29% to $9.95 at the start of trading on Thursday, following a downgrade to "hold' from "buy" at Jefferies Group . The firm said it lowered its... rating on the Internet Protocol, network validation, and network visibility solutions provider based on the company's weak outlook. Ixia announced its preliminary 2014 first quarter financial results on August 5 and said it is expecting to report a net loss of -$18 million, or -24 cents per share, compared to a net income of $7.8 million, or 10 cents per diluted share for the 2013 first quarter. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. On a non-GAAP...
China races to restrict messaging apps
Venture Beat - 7 Aug 2014 15:34
China has new set of restrictions on what citizens will be able to post on messaging applications, Chinese officials said Thursday, according to the Associated Press. The new set of regulations is a... national security measure, the officials said. Under the new policy, China is blocking two foreign chat apps, Kakaotalk and the wildly popular Line, saying […]Ambient, Wireless Charging As Ubiquitous As Wi-Fi? It's Happening
Fast Company - 7 Aug 2014 15:34
uBeam, a new technology that lets you charge your phone while you walk around a room, is preparing to launch its consumer product. The battery inside your phone is its greatest weakness. It can render... even the fanciest little Uber-calling, Snapchat-sending pocket machine a several-hundred-dollar paperweight. That's mostly because battery technology hasn't changed that much in a decade, and it's why the Googles and Apples of the world are investing time and resources into figuring out how to make batteries last longer. Read Full StoryHamas: Gaza War Not Over Until Israel Lifts Blockade
TPM - 7 Aug 2014 15:33GAZA CITY, Gaza City (AP) -- A senior Hamas official told supporters at a Gaza City rally on Thursday that the war with Israel won't be over until the group's demands for a lifting of the Gaza... blockade are met, insisting that its fighters would never give up their arms.
Leveraging Your Genius Via E-Commerce
inc - 7 Aug 2014 15:33
Looking to sell a product or service online? Join the club. The good news is that the shopping cart is definitely half-empty.Will This Price Target Decrease Hurt Parker-Hannifin (PH) Stock Today?
The Street - 7 Aug 2014 15:33NEW YORK (TheStreet) -- Credit Suisse reduced its price target on Parker-Hannifin to $127, decreased its estimates and set an "outperform" rating, as the company is realizing higher restructuring... costs. The stock was up 0.77% to $110.39 at 9:31 a.m. on Thursday. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. ----------- Separately, TheStreet Ratings team rates PARKER-HANNIFIN CORP as a "buy" with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation: "We rate PARKER-HANNIFIN CORP (PH) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of...
Analysts' Actions: AOL, Thoratec, Walgreen's, WebMD, More
The Street - 7 Aug 2014 15:33NEW YORK (TheStreet) -- RATINGS CHANGES AOL was upgraded to buy at Cantor Fitzgerald. $50 12-month price target. Business fundamentals are improving, Cantor Fitzgerald said. Atmel was downgraded to... neutral at Bank of America/Merrill Lynch. $9 12-month price target. The company has muted growth prospects, BofA/Merrill said.
How States Fared on Unemployment Benefit Claims
ABC News - 7 Aug 2014 15:31States with the biggest changes in jobless aid applications, and some reasons, at a glance
South Africa Plans To Restrict Foreigners From Buying Land
NuWire - 7 Aug 2014 15:31The South African government plans to impose restrictions on foreign investment in real estate by introducing a bill which would allow a foreigner to lease land, but not buy it. The bill will limit... the period of lease to 30 years only, according to Minister of Rural Development and Land Reform...
15 Surprisingly Inspirational Business Takeaways From 'Moneyball'
inc - 7 Aug 2014 15:30
A little entertainment, a little education, and a lot of inspiration. What's not to love?John Koskinen Indicates IRS Revolving Door Is A Feature Not A Bug
Forbes - 7 Aug 2014 15:30
William Hoffman's interview of IRS Commissioner John Koskinen last week caught attention mainly because of the Commissioner's comment that Congressional investigators will never be satisfied with... the documents that they have received, because they really don't want it to end. Well, there were all these things we could never quite get a straight story, to some extent because there are some people who don't want a straight story. They don't want this to end. All of the e-mails we're talking about, with regard to Lois's hard drive crash or lost e-mails, have been provided in the ordinary course of the production. So if the investigators, across the board, had read the documents they've been insisting we provide, they would've known about the hard drive crash about the same time we did....Iran Policeman Gets 3 Years In Prison Over Death Of Blogger
TPM - 7 Aug 2014 15:30TEHRAN, Iran (AP) -- Iran's semiofficial ISNA news agency is reporting that the policeman convicted of killing a blogger who died in custody in 2012 has been sentenced to three years in jail and... another two in exile.
Mortgage Giant Freddie Mac Earns $1.4B in 2Q
ABC News - 7 Aug 2014 15:27US mortgage giant Freddie Mac earns $1.4B in 2Q; will pay gov't $1.9B
Will This List Addition Help CBRE (CBG) Stock Today?
The Street - 7 Aug 2014 15:27Story updated at 9:55 a.m. to reflect market activity. NEW YORK (TheStreet) -- Goldman Sachs added CBRE to its Conviction Buy List Thursday. CBRE gained 0.7% to $30.41 in morning trading. The form... set a price target of $38 for the company. Transactions and acquisitions should drive growth for CBRE according to Goldman Sachs analysts. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. ---------------- Separately, TheStreet Ratings team rates CBRE GROUP INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation: "We rate CBRE GROUP INC (CBG) a BUY. This is based on the convergence of positive investment measures,...
Weekly Jobless Claims Tumble Unexpectedly
NBC News - 7 Aug 2014 15:26
The number of Americans filing new claims for unemployment benefits fell last week, pointing to a further strengthening of labor market conditions.These 3-D Printed Bricks Run On Vodka And Algorithms
Fast Company - 7 Aug 2014 15:26
Go home, bricks, you're drunk! Some things are easier to 3-D print than others. We know, for example, that we can 3-D print pierogi molds no problem. But engineers have been trying to crack the 3-D... printed house for quite some time, and they've come up with several different ways (varying in their pragmatism) to do it. Read Full StoryAs Militants Sweep Iraq, Suicide Bomber Kills 12 In Baghdad
TPM - 7 Aug 2014 15:25BAGHDAD (AP) -- Iraqi officials say a suicide car bomber has rammed his explosives-laden car into a police checkpoint in Baghdad, killing at least 12 people.
How 5 Minutes Worth of Effort Can Save Your Ego and Boost Your Business
inc - 7 Aug 2014 15:25
Connecting with someone new? Take a few minutes to do your homework!5 Rules of Entrepreneurship My Cousins Taught Me
Forbes - 7 Aug 2014 15:25
As I reflect on my cousins, how we interacted with one another, our parents and grandparents, our bouts of laughter and conflict, I recognize how valuable those times are to me today as an... entrepreneur.7% Of Homes On The Market In The US Are Being Purchased By Foreigners
NuWire - 7 Aug 2014 15:25U.S. real estate markets are now attracting foreigners in droves. Nearly $92 billion worth of American homes were bought by foreigners during the year ending March 2014, according to a National... Association of Realtors survey - an increase of 35% on the previous year. Nearly 7% of all...
How Will Oasis Petroleum (OAS) Stock Be Affected By This Upgrade?
The Street - 7 Aug 2014 15:24NEW YORK (TheStreet) -- Oasis Petroleum shares were upgraded to "buy" from "accumulate" on Thursday by analysts at KLR Group, who cited positive well production news as the reason for the upgraded... outlook while maintaining its $66 price target.The price target represents a 39% upside from the company's previous closing price. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates OASIS PETROLEUM INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate OASIS PETROLEUM INC (OAS) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than...
N.C. restaurant gives a meal discount to praying diners
Washington Post - 7 Aug 2014 15:23I've gotten a discount because I was a student, a new mother and now for being, well, older. But I've never gotten a discount for praying over my food. But if I visited Mary's Gourmet Diner in... Winston-Salem, N.C., that's what I might get for being grateful for my meal and saying grace. The restaurant gives a 15 percent discount for diners who pray before eating, reported Jonathan Anker for HLN.
Why Keurig Green Mountain (GMCR) Stock Is Down Today
The Street - 7 Aug 2014 15:23NEW YORK (TheStreet) -- Shares of Keurig Green Mountain Inc. are are down -0.33% to $117.75 in pre-market trade after the specialty coffee and coffeemaker reported a fiscal third quarter profit of... $155.2 million, or 94 cents per share, compared with a profit of $116.3 million, or 76 cents per share, a year ago. Revenue increased to $1.02 billion from $967 million. Adjusted profit was 99 cents a share. Analysts polled by FactSet on average were expecting a profit of 87 cents per share on revenue of $1.05 billion Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. However, for its fourth quarter profit guidance, the company said it expects its EPS to be in...
Will This Price Target Decrease Hurt Rowan Companies (RDC) Stock Today?
The Street - 7 Aug 2014 15:22NEW YORK (TheStreet) -- Credit Suisse trimmed its price target on Rowan Companies to $35 and decreased its estimates, as the company is seeing higher costs. The stock closed at $28.92 on... Wednesday. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. ---------- Separately, TheStreet Ratings team rates ROWAN COMPANIES PLC as a "hold" with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation: "We rate ROWAN COMPANIES PLC (RDC) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or...
Investors seek safe havens in turbulent world
USA Today - 7 Aug 2014 15:21
As tensions between the West and Russia mount, investors flock to haven of German bonds. Jobless Applications Fall, Pointing Toward Stronger Economy
TPM - 7 Aug 2014 15:21WASHINGTON (AP) -- Fewer people sought U.S. unemployment benefits last week, as jobless claims remain at relatively low levels that point toward stronger economic growth.
Will This Price Target Cut Hurt Marathon Oil (MRO) Stock Today?
The Street - 7 Aug 2014 15:20Story updated at 9:55 a.m. to reflect market activity. NEW YORK (TheStreet) -- Barclays lowered its price target for Marathon Oil to $51 from $55 Thursday, reiterating its "overweight" rating.... Marathon Oil fell -1.4% to $38.37 in morning trading. The analyst firm also lowered its EPS estimates for the company through 2015. The lower price target and estimates reflect assumptions for liquids pricing in Africa according to Barclays analyst Thomas R. Driscoll. "We are increasing our differential forecast for Africa liquids pricing relative to Brent to better reflect the production mix now that we have set Libyan volumes to zero," Driscoll wrote. "We are increasing our 2015E differential to ~$48. Our 2015E PICF estimate decreases 4% as the revised differential assumption more than offsets...
The First Malaria Vaccine Could Be Available In A Year
Fast Company - 7 Aug 2014 15:19
GlaxoSmithKline has filed for regulatory approval after promising clinical trial results. After 31 years of research, GlaxoSmithKline (GSK) has filed for regulatory approval for the first-ever malaria... vaccine--which also happens to be the first vaccine developed against a parasite. The clinical trial results of the vaccine, called RTS,S, have been encouraging. Read Full StoryYouTube acquires mobile video start-up Directr
Tech Times - 7 Aug 2014 15:18
YouTube has just announced its acquisition of mobile video editing start-up Directr. The deal, which is for an undisclosed amount, is part of YouTube's advertising strategy.Fannie Mae earns $3.7B in 2Q; paying $3.7B to US
Miami Herald - 7 Aug 2014 15:18Fannie Mae is reporting net income of $3.7 billion from April through June as the housing market continued to recover.Nixon's back! (At least on Twitter)
Miami Herald - 7 Aug 2014 15:18
If you believe the media reports, Richard Nixon suffered a stroke in 1994 and died days later at age 81. He is buried in his native Yorba Linda, California, silent as the country marks the 40th... anniversary of his resignation.Jason Rezaian of Washington Post and Wife Still Held
The New York Times - 7 Aug 2014 15:17
The arrest of Jason Rezaian of The Washington Post has alarmed the foreign press corps and points to a split between Iran's president and the state institutions that hold the real power.Report: Rachel Maddow Producer To Take Over 'The View'
TPM - 7 Aug 2014 15:17The personnel shakeup at "The View" appears to be moving along unabated, with the daytime talk show reportedly bringing in the producer of one of MSNBC's top programs.
How Will Wynn Resorts (WYNN) Stock Be Affected By This Analyst Upgrade?
The Street - 7 Aug 2014 15:16NEW YORK (TheStreet) -- Wynn Resorts shares were upgraded to "buy" from "hold" with a $244 price target by analysts at Craig-Hallum on Thursday, during a week in which the stock has declined over... 7%.The upgrade comes one day after an analyst a Deutsche Bank downgraded his full year casino revenue outlook for the Macau gaming region in China.Wynn Resorts shares are down -0.3% to $200 in pre-market trading today. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates WYNN RESORTS LTD as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: "We rate WYNN RESORTS LTD (WYNN) a BUY. This...
Bond Report: Treasurys eye a fifth day of gains
Market Watch - 7 Aug 2014 15:15Treasury prices rise after new Russian sanctions against Western nations, jobless claims, and an ECB meeting.
How Will Tallgrass Energy Partners (TEP) Stock React To This Analyst Upgrade?
The Street - 7 Aug 2014 15:15NEW YORK (TheStreet) -- Tallgrass Energy Partners was upgraded to "outperform" from "neutral" at Robert W. Baird.Yesterday, the company said it's evaluating a $600 million offer to purchase a 33.3%... interest in Tallgrass Pony Express Pipeline, LLC, which owns the Pony Express pipeline project. The Pony Express pipeline will transport domestic light crude from parts of North Dakota and Montana to Oklahoma when completed. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Shares of Tallgrass Energy Partners closed at $39.16 yesterday. Separately, TheStreet Ratings team rates TALLGRASS ENERGY PRT LP as a Sell with a ratings score of D. TheStreet Ratings...
Will This Price Target Increase Help NetApp (NTAP) Stock Today
The Street - 7 Aug 2014 15:14NEW YORK (TheStreet) -- Pacific Crest increased its price target on NetApp to $46, increased its estimates and set an "outperform" rating given improving demand fundamentals. The stock was up... 0.23% to $38.89 in pre-market trading on Thursday. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. ---------- Separately, TheStreet Ratings team rates NETAPP INC as a "buy" with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: "We rate NETAPP INC (NTAP) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance...
Yelp, meet the new Foursquare. Refresh focuses on personalized recommendations
Tech Times - 7 Aug 2014 15:14
The revamped Foursquare looks to challenge Yelp, and maybe even Google, to become the best search engine in the world.Govt considering report on Coal India restructuring: Piyush Goyal
livemint.com - 7 Aug 2014 15:13
A draft report submitted by Deloitte on 'possible restructuring options' is 'under consideration', says coal ministerU.S. jobless claims fall; four-week average hits 8-1/2-year low
Reuters - 7 Aug 2014 15:11WASHINGTON
Wonkblog: As U.S. firms flee to Europe, can Washington get its act together on tax reform?
Washington Post - 7 Aug 2014 15:09You might think the rush of companies renouncing their U.S. citizenship would at long last give Washington policymakers an incentive to compromise on tax reform. After all, everyone from President... Obama on down to the greenest House Republican agrees that the corporate tax system, with its highest-in-the-developed-world 35 percent tax rate, is in desperate need of repair.
Google snags Emu. Soon you might see Siri-like assistant on Hangouts, plus ads
Tech Times - 7 Aug 2014 15:08
The days of seeing ads on chats and SMS could be near as Google acquires a startup specializing in mobile messaging that can monitor user's messages.Will These Analyst Downgrades Hurt Thoratec (THOR) Stock Today?
The Street - 7 Aug 2014 15:08NEW YORK (TheStreet) -- Thoratec received a pair of analyst downgrades on Thursday in the wake of the company's second-quarter earnings results. Goldman Sachs downgraded the stock to "neutral" and... set a $28 price target, as the company has limited visibility. Credit Suisse downgraded Thoratec to "neutral" from "outperform" and set a $27 price target, as the company lowered its guidance meaningfully. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The stock was down 26.13% to $24.06 in pre-market trading on Thursday. ------------- Separately, TheStreet Ratings team rates THORATEC CORP as a "buy" with a ratings score of B-. TheStreet Ratings Team has...
Jobless claims fell 14,000 last week to 289,000
USA Today - 7 Aug 2014 15:06
Unemployment benefit applications are a proxy for layoffs. Stock Market Today: Futures Rise on Drop in Jobless Claims
The Street - 7 Aug 2014 15:04NEW YORK (TheStreet) -- U.S. stock futures were looking at a stronger start on Wall Street on Thursday after the S&P 500 finished above its 100-day moving average and appeared to clear one obstacle... toward another near-term pop. Futures got a further lift after the Labor Department said that initial jobless claims dropped by 14,000 to a lower-than-expected 289,000 last week and the four-week claims average fell to its lowest level since February 2006. The markets were also keeping an eye on the Federal Reserve's June consumer credit growth report at 3 p.m. EDT as well as the European Central Bank's post-meeting announcements on Thursday. The ECB , as expected, kept benchmark rates at record lows. Investors will be listening for insight from ECB Mario Draghi on how much the eurozone economy...
Will This Downgrade Hurt Atmel (ATML) Stock Today?
The Street - 7 Aug 2014 15:04Story updated at 9:55 a.m. to reflect market activity. NEW YORK (TheStreet) -- Atmel was downgraded to "neutral" from "buy" by Bank of America/Merrill Lynch Thursday. Atmel fell -7.6% to $7.95 in... morning trading. The firm lowered its price target for Atmel to $9 from $10, saying that the company has muted growth prospects. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. --------------- Separately, TheStreet Ratings team rates ATMEL CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate ATMEL CORP (ATML) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating...
What to Do If Your Team Is in a Rut
Harvard Business Review - 7 Aug 2014 15:00Reignite your team's creative spark.
Bitter enemies in real life, Oracle, Salesforce, and Adobe get all sappy onstage
Venture Beat - 7 Aug 2014 15:00
The marketing cloud market could be so big that lots of providers could do well from it.New Game for Your Little Zuckerberg-in-Training
inc - 7 Aug 2014 15:00
StartUp is a game of business strategy for kids and adults.Grandparents Have More Power Than They Know in Money Talks
The Street - 7 Aug 2014 15:00NEW YORK (TheStreet) -- Here's a statistic you may not have seen before: Grandparents lead 37% of all U.S. households, a total of 44 million households, according to Grandparents.com. There are... millions of kids in each of those homes, and each can learn a lot from an older family member about money, budgeting, debt and savings. But only 8% of grandparents say they would start a conversation with their grandchildren about money management, despite the fact that 85% of young adults (under 18 years old) say they want such a discussion to happen -- and the sooner the better, according to TIAA-CREF. Why the disparity? Also see: 5 Steps to a Better Dorm Room for College Freshmen>>
'80s Electronics Turn Old Keyboards Into New Mosaics
Fast Company - 7 Aug 2014 15:00
Artist Kay Knight tries to get closer to the technology of his youth by recreating them. In Marvel's recently released film Guardians of the Galaxy, galactic space rogue Peter Quill (aka Star-Lord)... spends most of the movie carrying around an old 1980s Sony Walkman loaded up with a mixtape labeled "Awesome Jams Vol. 1." It's the character's spiritual link to the childhood he spent on Earth. Read Full StoryWhy Alpha Natural Resources (ANR) Stock Is Up In Pre-Market Trading Today
The Street - 7 Aug 2014 15:00NEW YORK (TheStreet) -- Shares of Alpha Natural Resources Inc. are higher by 1.35% to $3.75 in pre-market trading on Thursday, following the company's 2014 second quarter earnings results. Although... the supplier and exporter of metallurgical coals posted a net loss of -56 cents per share, the results were better than the Capital IQ Consensus Estimate of a loss of -75 cents per share. The company's revenue also declined 21% to $1.05 billion, from the 2013 second quarter, but beat analysts' expectations of $1.03 billion. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Additionally, Alpha Natural was upgraded to "neutral" from "sell" at UBS today, as the...
Who Really Controls The Wearable Tech Market?
Fast Company - 7 Aug 2014 15:00
The smartwatch of your dreams rests on one valuable commodity and the people who produce it. This story contains interviews with Michael Dering, CEO of Valencell; Steven LeBoeuf, president and... cofounder of Valencell; and Jason Krikorian, general partner at DCM. Read Full StoryNation's largest small-business group faces fresh skepticism over new link to ALEC
Washington Post - 7 Aug 2014 15:00The National Federation of Independent Business, an advocacy group in Washington, calls itself the voice of small business as well as a nonpartisan, nonprofit association. Liberal groups have long... scoffed at both descriptions, citing the group's largely one-sided lobbying record and its roster of financial backers, Now, they appear to have found fresh ammunition in their attacks on the organization, courtesy of the a new tie between the NFIB and a decidely right-leaning advocacy group.
On Weird Al Yankovic and the Anti-Marketing Mindset
inc - 7 Aug 2014 15:00
You don't have to be a famous musician or celebrity to have success marketing your business. Here's what you can steal from a pro.Why the Decline in Entrepreneurship Won't Last Long
inc - 7 Aug 2014 15:00
Recent studies show that fewer new businesses are forming these days. Here's one reason you should be optimistic that trend will soon turn around.Why Transocean (RIG) Stock Is Higher Today
The Street - 7 Aug 2014 14:57NEW YORK (TheStreet) -- Shares of Transocean are up 2.96% to $39.28 in pre-market trade after the provider of offshore contract drilling services reported second quarter profit surged 91% as the... company cut expenses. The company reported a profit of $587 million, or $1.61 per share, up from $307 million, or 84 cents per share, a year ago. Adjusted earnings from continuing operations was up to $1.61 a share from $1.08. Revenue declined 1.5% to $2.33 billion. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Analysts surveyed by Thomson Reuters expected a profit of $1.02 a share on $2.27 billion in revenue. TheStreet Ratings team rates TRANSOCEAN LTD as a...
Can Technology Really Change Your Habits?
The Huffington Post - 7 Aug 2014 14:54
If you want to lose weight, improve your memory, even stop using technology so much, as the saying goes: there's an app for that. There are hundreds if not thousands of apps designed to help you... change behaviors and drop bad habits.Ex-Apple employee named Sam Sung puts his business card up for auction
Tech Times - 7 Aug 2014 14:54
Sam Sung, a former specialist for an Apple store in Vancouver, is selling his famous business card for charity on eBay. The top bid is currently at $3,050.Chevron, Exxon Highlight Up and Down Year in Oil Sector
The Street - 7 Aug 2014 14:52NEW YORK (TheStreet) -- Crude oil futures on the New York Mercantile Exchange began the year breaking below their 200-day simple moving average, a measure of the average stock price over a given... period of time. The Nymex's move down, in turn, pulled down shares of Chevron and Exxon Mobil . Energy companies in the Dow Jones Industrial Average followed. Chevron broke below its 200-day on Jan. 10, followed by Exxon on Feb 3. Three Market Props Are Gone The 2014 rally in the energy sector began after crude oil set its 2014 intraday low at $91.24 on Jan. 9. Chevron didn't begin to rebound until setting its 2014 intraday low at $109.27 on Feb. 5. Exxon followed after trading as low as $89.25 on Jan. 6. Crude oil rallied above its 200-day SMA when it was $99.39 on Feb. 7, and then traded back...
No Sprint, T-Mobile merger for now but SoftBank still interested on acquisition
Tech Times - 7 Aug 2014 14:49
Sprint and parent company SoftBank, a Japanese telecommunications giant, are dropping their plans to acquire rival wireless service provider T-Mobile. The decision was made in the midst of antitrust... issues.Monster's Revival May Have To Wait
Forbes - 7 Aug 2014 14:48Competitive pressure is increasing and the economic environment in Europe remains challenging. However, the company is taking certain steps which may bear some fruit in the long run. Things are not... looking too good for Monster right now, but if the new products click, it could well get back to sequential growth from Q4 2014.
The Best Cities For Millennial Homebuyers, According To The National Association Of Realtors
The Huffington Post - 7 Aug 2014 14:47
In your 20s and early 30s, it's hard not to notice the siren song of real estate. After all, mortgages rates are still at all-time lows and in many markets, buying can be cheaper than renting. You... might also have been brought up to consider housing an investment and renting as "throwing money away." If this sounds like your experience, then you might want to read up on this latest survey by the National Association of Realtors, who rounded up the hotspots where strong job growth and affordable home prices might persuade you to consider making the jump. According to their report, these are the markets that "are well-positioned to soon experience a rise in first-time buyers as the economy improves." And, surprisingly enough, of the 100 metro areas that were analyzed (see below for more...How Turkey turned into economic mess
CNN - 7 Aug 2014 14:45Turkey's economy, fattened with foreign investment during its boom-times, has stalled amid warnings its model is unsustainable.
First Solar's Q2 Results Fall On Desert Sunlight Project Delays
Forbes - 7 Aug 2014 14:45Volatile earnings are fairly common in First Solar?s business as it derives most of its earnings from project development, which is subject to irregular revenue recognition. Project delays aside, the... company had a good quarter, making solid progress in boosting its solar panel efficiency and building its project order books.
Wonkblog: Wonkbook: What you need to know about Obama's possible inversion intervention
Washington Post - 7 Aug 2014 14:44Welcome to Wonkbook, Wonkblog's morning policy news primer by Puneet Kollipara ( @pkollipara ). To subscribe by e-mail, click here. Send comments, criticism or ideas to Wonkbook at Washpost dot com.... To
Tech Lab: G Watch
Boston - 7 Aug 2014 14:44In this episode of Tech Lab, Hiawatha Bray talks about the new G Watch from LG Electronics using Google's smartphone operating system Android.
Will This Ratings Upgrade Help Esterline Technologies (ESL) Stock Today?
The Street - 7 Aug 2014 14:44NEW YORK (TheStreet) -- Esterline Technologies Corp. was upgraded to "buy" from "neutral" at Goldman Sachs on Thursday. The firm said it raised its rating on the aerospace and defense manufacturing... company as it believes Esterline is attractively valued. Goldman upped its price target on Esterline to $140 from $111. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Separately, TheStreet Ratings team rates ESTERLINE TECHNOLOGIES CORP as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation: "We rate ESTERLINE TECHNOLOGIES CORP (ESL) a BUY. This is driven by several positive factors, which we believe should have...
Russia hits U.S., EU with food import ban
USA Today - 7 Aug 2014 14:43
The ban on meat, fish, milk and fruit is expected to last for one year. Will AOL (AOL) Stock Be Helped By This Analyst Upgrade Today?
The Street - 7 Aug 2014 14:43NEW YORK (TheStreet) -- AOL Inc. was upgraded to "buy" from "hold" with a price target of $50, up from $47, at Cantor Fitzgerald this morning. Analysts at the fim cited the global web company's... growing multi-platform user base and a bigger buyback. Shares of AOL closed at $41.92 yesterday. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Separately, TheStreet Ratings team rates AOL INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: "We rate AOL INC (AOL) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a...
TI Announces Its Leadership In Advanced Driver Assistance Systems
Forbes - 7 Aug 2014 14:42The ADAS is part of the technology that is pushing the concept of driverless cars. TI?s ADAS solutions, designed to help reduce the number of road collisions and enable more autonomous driving... experiences, have been deployed by over 25 OEMs in more than 100 car models.
Bits Blog: Wireless Charging, at a Distance, Moves Forward for uBeam
The New York Times - 7 Aug 2014 14:39
The technology makes it possible for a device to move freely around a room, in a pocket or purse, while constantly charging.Time Warner Cable Earnings Grow 12% On Continued Broadband Growth
Forbes - 7 Aug 2014 14:39Going forward, the company should continue to see robust growth in its broadband business due to the increasing demand for higher speed and connectivity. However, taming the pay-TV subscriber losses... remains a key challenge for the company.
US jobless aid applications fell to 289,000
News Observer - 7 Aug 2014 14:38Fewer people sought U.S. unemployment benefits last week, as jobless claims remain at relatively low levels that point toward stronger economic growth.
Will This Ratings Downgrade Hurt Nu Skin (NUS) Stock Today?
The Street - 7 Aug 2014 14:38NEW YORK (TheStreet) -- Nu Skin Enterprises Inc. was downgraded to "neutral" from "overweight" at JPMorgan on Thursday. The firm said it lowered its rating on the cosmetic, personal care, and... nutrition company based on risks remaining in the shares. JPMorgan cut its price target on the stock in half to $50 from $100. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Shares of Nu Skin are down by -0.04% to $46.50 in pre-market trading this morning. Separately, TheStreet Ratings team rates NU SKIN ENTERPRISES as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate NU SKIN ENTERPRISES (NUS) a BUY. This...
Verizon defends data throttling practices, tells FCC it's just proper network management
Tech Times - 7 Aug 2014 14:37
Verizon Communications defended its new plan to slowdown the network speeds for heavy users during peak hours. The wireless provider even argued that other carriers are doing just the same.Why Rio Tinto (RIO) Stock Is Gaining Today
The Street - 7 Aug 2014 14:37NEW YORK (TheStreet) -- Shares of Rio Tinto are up 1.68% to $58.13 in pre-market trade after the mining company said first half profit was up 21%, the result of record iron ore shipments, setting the... stage for an increase in cash returns to investors from next year. Bloomberg Businessweek reports Underlying profit rose to $5.1 billion in the six months ended June 30 from $4.2 billion a year earlier, the company said. That compares with the $4.5 billion average estimate of 10 analysts surveyed by Bloomberg. Rio raised its dividend by 15% to 96 cents per share. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. RIO data by YCharts STOCKS TO BUY: TheStreet Quant...
Half of India's power plants have less than 7 days of coal stocks: power minister
livemint.com - 7 Aug 2014 14:36
Piyush Goyal says supply short due to factors like less lifting by plants through captive modes and logistical constraints of railwaysHow's Disney? Frozen Still Raking In Revenues To Boost Earnings
Forbes - 7 Aug 2014 14:36Revenues at the Studio Entertainment division jumped 14% to $1.81 billion while the operating income soared over 100% to $411 million, representing one of the studio's best quarters ever. This can... primarily be attributed to the continued success of Frozen, especially in the international markets.
Indian bonds edge up on value-buying; foreign investor sell-off continues
livemint.com - 7 Aug 2014 14:35
The yield on the existing benchmark 10-year bond, the most traded paper, ended 2 basis points lower at 8.85%Dr. Phil's on-demand telemedicine physician service boasts unique backer
Tech Times - 7 Aug 2014 14:33
An on-demand medical service has received financial backing from a celebrity of sorts. Richard Branson, a British billionaire and tech investor, pledges financial support for the Dr. Phil venture.Petalite Flux external charger can juice up your smartphone in 15 minutes
Tech Times - 7 Aug 2014 14:32
Researchers claimed to have invented the world's fastest external phone charging device. The new invention can fully charge a smartphone within only 15 minutes.VA GOPer Isn't Sorry For His Comments About Muslims But Resigns Anyway
TPM - 7 Aug 2014 14:32The Virginia GOP official who questioned on social media whether Muslims contributed anything to America resigned his position Wednesday night without apologizing for the intolerant comment.
How Will Ralph Lauren (RL) Stock Respond To This Analyst Action Today?
The Street - 7 Aug 2014 14:31NEW YORK (TheStreet) -- Ralph Lauren Corp. was upgraded to "outperform" from "neutral" at Credit Suisse with a price target of $180, up from $165.The firm cited the company's growth in retail... sales and wholesale accounts in European markets, as well as improved inventory conditions. Shares of Ralph Lauren closed at $156.88 yesterday. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Separately, TheStreet Ratings team rates RALPH LAUREN CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate RALPH LAUREN CORP (RL) a BUY. This is driven by some important positives, which we believe should have...
The Financial Risk of Living a Long Time
Harvard Business Review - 7 Aug 2014 14:30People are less likely to purchase annuities when stocks are rising.
8 Words or Less: What’s Unique About You?
inc - 7 Aug 2014 14:30
A contest to find the individuals, companies and products that have the best short brand message.Let's All Mourn the Summer Movie Blockbuster
The Street - 7 Aug 2014 14:30PORTLAND, Ore. (TheStreet) - Summer movies haven't been this mind-numbingly mediocre in more than a decade, and it's taking a toll on the movie industry. Since 2004, the biggest film of the summer... typically has brought in $400 million or more in the U.S., peaking -- hitting a lull with Sony's Spider-Man 3 ($336.5 million) in 2007 and peaking with Disney's The Avengers ($623 million) in 2012. That bar isn't even close to being reached this summer. This season's third-biggest film, Fox's X-Men: Days Of Future Past was the first film to break $200 million and sat just above it at $230 million going into last weekend. Only four films -- Sony's The Amazing Spider-Man 2, Paramount's Transformers: Age Of Extinction and Disney's Maleficent and Warner Brothers' Godzilla -- have joined X-Men since....
Gold Weaker on Corrective Pullback from Solid Gains Wednesday
Forbes - 7 Aug 2014 14:28(Kitco News) - Gold prices are seeing a mild downside technical correction following the strong gains posted Wednesday. There is also a bit less risk aversion in the market place Thursday, which is... not bullish for the safe-haven gold market. December Comex gold was last down $1.30 at $1,305.40 an ounce. Spot gold was last quoted down $0.30 at $1,306.00. December Comex silver last traded down $0.018 at $20.075 an ounce.
Why You Can't Think Out Of The Box
Forbes - 7 Aug 2014 14:27"We need to think out of the box," you say. But you can't. Sorry about that...but could I interest you in a bigger box?
Truck-A-Tecture: 4 Designers Reimagine Mobile Architecture
Fast Company - 7 Aug 2014 14:26
The trailer gets a modern remake for a more nomadic, sustainable age. When the Airstream trailer hit roads in the 1930s, almost 400 other companies started making travel trailers for the newly growing... network of highways in the U.S. Today, out of that original group of manufacturers, only Airstream is left, and "mobile home" suggests a trailer park rather than architecture that's truly mobile. What's the future of mobile architecture at a time when digital nomads are more likely to stay in an Airbnb rental than a camper? Read Full StoryBofA said to be near $16 billion deal with U.S. over mortgage bonds
Reuters - 7 Aug 2014 14:25(Reuters) - Bank of America Corp is close to a deal with the U.S. Department of Justice to pay more than $16.5 billion to end investigations into mortgage securities that the bank and companies it... bought sold in the run-up to the financial crisis, a person familiar with the matter said on Wednesday.
5 Reasons Why Content Marketing Fails for Millennials
inc - 7 Aug 2014 14:25
Millennials are the heart and soul of the Internet, because, unlike prior generations, they grew up with it. Getting their attention online can be tough.9 Billion-Dollar Success Secrets From the Founder of SAIC
inc - 7 Aug 2014 14:23
Dr. J. Robert Beyster developed a remarkably successful business over 35 years at the helm of his technology and engineering company, SAIC. Here's how he did it.5 Things You Need to Consider When Rebranding
inc - 7 Aug 2014 14:22
What should you keep in mind before, during, and after undertaking an overhaul of your brand strategy?How Will Priceline (PCLN) Stock React To New Ctrip.com Agreement?
The Street - 7 Aug 2014 14:21NEW YORK (TheStreet) -- Shares of Priceline Group Inc. are slightly higher in pre-market trade after the online travel company and Shanghai-based Ctrip.com International, Ltd. announced that they... expanded an existing commercial agreement to strengthen their global partnership. The Priceline Group also agreed to invest $500 million through a convertible bond and Ctrip has granted The Priceline Group permission to acquire Ctrip shares in the open market over the next twelve months, so that combined with shares convertible under the bond, The Priceline Group may hold up to 10% of Ctrip's outstanding shares. Upon purchase of the convertible bond, The Priceline Group will acquire the right to appoint an observer to the Ctrip board of directors. Must Read: Warren Buffett's 25 Favorite Stocks...
Russian sanctions take economic toll on Europe
USA Today - 7 Aug 2014 14:20
Risk of targeting Russia with economic sanctions: It impacts Europe, too. Wonkblog: The latest, cheapest services from Uber and Lyft will upend transportation even more
Washington Post - 7 Aug 2014 14:19Uber and Lyft, as they tend to do, made parallel announcements this week: The two companies, widely (and not quite accurately) synonymous with "ridesharing," are testing big new services that look,... well, a little more like actual ridesharing.
12 Extraordinary Maps By Leading Creative Minds
Fast Company - 7 Aug 2014 14:19
The likes of Damien Hirst and Yoko Ono created fantastical maps for a new atlas that rethinks cartography for the 21st century. Before Google Maps came along, cartographers were artists as much as... they were charters of geographies, and maps were aesthetic objects as much as they were wayfinding tools. Read Full StoryRBI makes refinancing of existing infra loans easier for banks
livemint.com - 7 Aug 2014 14:18
RBI allows banks more flexibility to refinance their existing long-gestation project loans, worth `1,000 crore and moreGovt says 25-year-old power plants to be replaced
livemint.com - 7 Aug 2014 14:16
Centre has framed a guideline to replace all old power plants in a phased manner as their production capacity has slowed down5 Worst U.S. Cities for Car Thefts
The Street - 7 Aug 2014 14:15NEW YORK (TheStreet) -- U.S. car thefts have tumbled to around 700,000 a year from more than 1.6 million in 1991, but here are five cities where you still better remember to lock your vehicle's doors.... "People shouldn't be inordinately worried about vehicle theft, but you can't be stupid, either," says Frank Scafidi of the National Insurance Crime Bureau, which recently released its 30th annual Hot Spots list of metro areas with the highest auto-theft rates. The NICB, which compiles statistics for the insurance industry, generates its annual list by analyzing an FBI database that police around the country use to report stolen vehicles. Metro areas at the top of this year's list had the highest number of auto thefts relative to population during 2013. California cities far and away lead the...
Duke Energy 2Q profit climbs 80 percent
News Observer - 7 Aug 2014 14:13Duke Energy Corp. (DUK) on Thursday reported profit that climbed by 80 percent in its second quarter, and topped analysts' expectations.
Bits Blog: In Fight With Hackers, We Are on Our Own
The New York Times - 7 Aug 2014 14:12A brush with identity theft was a rude reminder that consumers have to go it alone when they run into cybercriminals.
This Tiny Offline Retailer is Taking On Amazon, and Winning
inc - 7 Aug 2014 14:12
How one woman competes - and wins - versus AmazonChinese government removes Apple products on procurement list
Tech Times - 7 Aug 2014 14:08
China bans Apple products, warns government offices of potential security flaws. Is this the beginning of the end for Apple's business with the Chinese?Kyrgyzstan's Hot Favourite
Boston - 7 Aug 2014 14:08It's strictly no goats allowed. But shepherd's are welcome. This is Kyrgyzstan's only known mobile sauna. And it's proving a big hit with the locals.
Why Barnes & Noble (BKS) Stock Is Up Today
The Street - 7 Aug 2014 14:07NEW YORK (TheStreet) -- Barnes & Noble and Google are partnering to take on Amazon.com , and will focus on a service that Amazon has long dominated: the fast, cheap delivery of books, according to... the New York Times. Shares of Barnes & Noble are up 1.46% to $21.50 in pre-market trade. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. BKS data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Click to view a price quote on BKS. Click to research the Specialty Retail industry.
Fannie Mae Reports Quarterly Earnings of $3.7 Billion
The New York Times - 7 Aug 2014 14:03The government-controlled mortgage giant reported its 10th straight profitable quarter, but earnings were down 63 percent from a year earlier.
Monthly market commentary: July
livemint.com - 7 Aug 2014 14:03
Though the market did correct on the budget day, it has recoved smartly since thenMoney sent to parents by NRIs is not taxed in India
livemint.com - 7 Aug 2014 14:02
Gift of shares or debentures is not treated as a transfer for the purpose of computing capital gainsDe-jargoned: Green building
livemint.com - 7 Aug 2014 14:02
A developer offering a project that adheres to green building norms will usually charge a premiumBlue Is For Boys, Pink Is For Girls: See Children Surrounded By Their Color-Coded Toys
Fast Company - 7 Aug 2014 14:02
Brainwashing much? Before World War II, there was nothing especially girly about the color pink. In fact, the opposite was true: When pastel colors suddenly became popular for babies in the early 20th... century, a clothing industry magazine wrote that "pink is for the boys ... being a more decided and stronger color." Delicate blue was for girls. Read Full StoryTarget Makes Gay Marriage Support Official After GOP Donation Gaffe
Forbes - 7 Aug 2014 14:01
This week, Target joined the likes of Starbucks, Google, Nike and many more large national companies by signing an amicus brief in support of marriage equality. This marks a public about-face... following the company's GOP donation gaffe in 2010.America's Religious Companies
Forbes - 7 Aug 2014 14:01
Hobby Lobby and Chick-fil-A have found themselves in the headlines recently thanks to the overt religious positions of their proprietors. Here are some more companies who mix the Bible with their... shopping bags.Even the Tiniest Error Can Cost a Company Millions
Harvard Business Review - 7 Aug 2014 14:00How AT&T's approach to data helped them solve a big problem.
7 Ways to Make a Killer First Impression
The Huffington Post - 7 Aug 2014 14:00
"We judge books by their covers, and we can't help but do it," according to University of Toronto psychology professor Nicholas Rule. Not only do we make snap judgments, but we also make them... incredibly quickly (in 100 milliseconds, according to one Princeton study), and we find them very difficult to change. First impressions, in other words, are fast, firm, and very, very sticky. So how do you make a great one when meeting a new business contact? Thankfully, science hasn't just investigated the power of first impressions but also uncovered plenty of tips and advice for those looking to improve theirs. Here are a few of these insights: 1. Attend to the basics. Hopefully this doesn't need too much stressing: looking polished, professional, and not overdone in your appearance is the...Goldman Sachs says alternative trading system being investigated
Reuters - 7 Aug 2014 14:00(Reuters) - Goldman Sachs Group Inc said it was being investigated for its U.S. alternative trading system and for the potential misuse and circulation of non-public information related to its... corporate developments.
Can You Be a Good CEO and a Good Parent at the Same Time?
inc - 7 Aug 2014 14:00
A CEO resigns to spend more time with his kids. Is he just admitting a truth no one likes to talk about -- being a successful executive and a good parent at once is impossible?Bill would cap income eligibility for state's clean-vehicle rebates
L.A. Times - 7 Aug 2014 14:00Can Buying An Older Home Ruin Your Marriage?
Forbes - 7 Aug 2014 14:00
Ah…the charm, the detail, the attention to architectural style that you’ll find in a ’20s Craftsman,’40s cottage,’50s postwar,’60s ranch style, ’70s split level, and my personal... favorite, the midcentury modern. They each have their own unique elements that add to their charm, and they’re abundant across the United States. Older homes — which are defined as any home or condo that has been “lived in”—constitute the largest category of home sales in the United States.Harry McCracken: My Nine Biggest Questions About Apple's iPhone Event on September 9
Fast Company - 7 Aug 2014 14:00
Looks like we'll know all--or almost all--in a little over a month. But for now, plenty of mysteries remain... Apple is going to hold a media event to announce new iPhones on September 9. Read Full... StoryMurdoch is 'resolute' in dropping Time Warner bid
L.A. Times - 7 Aug 2014 14:00High housing costs are a drag on California's economy, report says
L.A. Times - 7 Aug 2014 14:00Russia retaliates against U.S., EU with import ban
USA Today - 7 Aug 2014 13:58
The ban on meat, fish, milk and fruit is expected to last for one year. Target Publicly OKs Same-Sex Marriage
NBC News - 7 Aug 2014 13:58
Retailer takes the stand four years after it came under criticism for supporting a strident opponent of same-sex unions.Why Bank of America (BAC) Stock Is Higher Today
The Street - 7 Aug 2014 13:58NEW YORK (TheStreet) -- Bank of America and the Justice Department are nearing a landmark deal in which the bank will pay $16 billion to $17 billion to resolve allegations of mortgage-related... misconduct in the run-up to the financial crisis, sources told the Wall Street Journal. The bank agreed to pay about $9 billion in cash to the federal government, states and other government entities, sources said, as part of an overall pact that could be finalized this month. Additional money would be directed at consumer relief, such as reducing mortgage balances for struggling homeowners, the Journal said. Shares of Bank of America are up 0.86% to $15.33 in pre-market trade. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks...
Rio Tinto Profit Doubles, Helped by Aluminum and Copper
The New York Times - 7 Aug 2014 13:56The chief executive said the company was "unapologetic" about continuing to focus investments on its iron ore unit despite a price drop over the past year.
Gmail Finally Adds This Useful And Much Requested Feature
Forbes - 7 Aug 2014 13:56
Unsubscribing from pesky newsletters finally got much easier for Gmail users.German firm cuts outlook after Russia deal nixed
Miami Herald - 7 Aug 2014 13:53German defense and auto parts company Rheinmetall has cut its earnings forecast after the government revoked permission for it to deliver a field exercise simulator to the Russian military.
How Will Walgreen (WAG) Stock React To This Analyst Upgrade?
The Street - 7 Aug 2014 13:49NEW YORK (TheStreet) -- Shares of Walgreen Co. are up 1.10% to $59.86 in pre-market trading after the drug store chain was upgraded to "hold" from "sell" at Cantor Fitzgerald.The firm increased its... price target to $56 from $50, and cited the recent pullback in shares as it believes the stock is approaching fair valuation. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Separately, TheStreet Ratings team rates WALGREEN CO as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation: "We rate WALGREEN CO (WAG) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any...
Why Twenty-First Century Fox (FOXA) Stock Is Gaining Today
The Street - 7 Aug 2014 13:48NEW YORK (TheStreet) -- Shares of Twenty-First Century Fox are surging 5.23% to $34.02 in pre-market trading after the company reported better than expected fiscal third quarter earnings late... yesterday. The media company reported its third quarter earnings of 47 cents per share, beating analysts' expectations of 35 cents per share.Revenue for the quarter was $8.22 billion, up 12% from one year ago, and higher than the $7.98 billion analysts expected. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Separately, TheStreet Ratings team rates TWENTY-FIRST CENTURY FOX INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their...
E.C.B. Leaves Interest Rates Unchanged
The New York Times - 7 Aug 2014 13:47The European Central Bank left its benchmark interest rate at its low of 0.15 percent, after cutting the rate in June to encourage bank lending.
New RBI guidelines to hurt earnings of asset reconstruction firms: Crisil
livemint.com - 7 Aug 2014 13:47
Ratings agency believes that these firms will find it challenging to align their pricing with the expectations of asset-selling banksMississippi GOP To McDaniel: Take Your Challenge To The Courts
TPM - 7 Aug 2014 13:45The Mississippi Republican Party said Wednesday that it would not hear state Sen. Chris McDaniel's (R-MS) legal challenge to incumbent U.S. Sen. Thad Cochran (R-MS) because state law doesn't allow... sufficient time to consider the evidence, the Jackson Clarion-Ledger reported.
A Good Way to Wreck a Local Economy: Build Casinos
The Atlantic - 7 Aug 2014 13:45
No one should look to the gambling industry to revive cities, "because that's not what casinos do."More Tech Time Than Sleep Time, Evidence Shows
Forbes - 7 Aug 2014 13:42
Evidence shows that we now spend more time on media devices than we do asleep. According to the latest Ofcom report, released today, the average adult in the UK spends eight hours and 41 minutes on... media and communication activity each day, compared to just eight hours and 21 minutes asleep.If I were Amazon's Jeff Bezos
CNN - 7 Aug 2014 13:33James Patterson says if he were Amazon's CEO, he wouldn't drain profits away from book industry by dropping ebook prices, he'd help a diversity of publishers earn and survive to nurture new great... books
The Switchboard: Snowden gets another 3 years in Russia
Washington Post - 7 Aug 2014 13:30Published every weekday, the Switchboard is your morning helping of hand-picked stories from the Switch team. Join us tomorrow for our weekly livechat, Switchback. We'll kick things off at 11 a.m.... Eastern by talking about the ripple effects from Europe's "right to be forgotten" law, and how it's affecting sites like Wikipedia. The comment box is open, so submit them now.
The Great Lakes: Home to 'South Bay Bessie' and the Most Active Angel Investors in the Country
inc - 7 Aug 2014 13:30
Where are angel investors putting their money? It's not just about California anymore.6 Things to Consider When Estate planning for Your Second Family
The Street - 7 Aug 2014 13:30NEW YORK (TheStreet) -- Estate planning with one family is hard enough. For families with a mix of biological children and stepchildren, first spouses and second spouses, making out an equitable will... can seem impossible. No one wants to leave their heirs with a mess to sort out or fight over. Here's a look at the top six things to remember when you're estate planning for a blended family. 1. Keep in mind the length of time your family has been together If you and your second spouse married when your children were still young, or if you had your own children together, your family is really one big family, says Dan Mielnicki, an estate and trust attorney with Florida-based Berger Singerman. "If you think of all of your family's kids as 'our' kids, then your will should reflect that,"...
Top Reasons Millenials Shouldn't Buy A Home...Yet
Forbes - 7 Aug 2014 13:30
There are many reasons to buy your first home, including dozens of financial benefits and lifestyle benefits. And right now, it’s a buyer’s market; interest rates are still low, hitting 4.34%... for a 30 year fixed loan this month. According to the latest Trulia survey, 68% of Millennials are in the market for a home priced at $200,000 or lower. However, home buying is not for everyone. For all the positive aspects to home ownership, there are some very compelling reasons not to buy a home right now. So, if you’re ready to jump headfirst into the ‘American Dream,’ read this first. Losing Flexibility Home ownership provides stability, but that may not always be a good thing when you are in your career-building years. If you are looking for a promotion, an advance, or job change,...What's The Difference Between A Logo And A Symbol?
Fast Company - 7 Aug 2014 13:30
And does the distinction even matter? Experts Michael Bierut of Pentagram and Brett Wickens of Ammunition weigh in. The misuse of the word "logo" is one of those things that gets many design-minded... people practically purple-faced with anger (a sibling to debate over "fonts" v. "typefaces"). A logo, they say, is not the same as a symbol, which in turn is not the same as a combination mark. Everyone seems to have come up with their own definitions for this. Read Full StoryArsenal, Porto head Champions League playoffs draw
Miami Herald - 7 Aug 2014 13:23
Arsenal and Porto are among the big clubs entering the Champions League qualifying campaign when the draw for the last-round playoffs is held Friday.Mylan 2Q profit drops 30 percent
Miami Herald - 7 Aug 2014 13:23Mylan Inc. (MYL) on Thursday reported profit that declined by 30 percent in its second quarter, and missed analysts' expectations.
Market Extra: What to know about the iDreamSky IPO
Market Watch - 7 Aug 2014 13:21Shares of the Chinese mobile gaming company begin trading on the Nasdaq under the symbol DSKY Thursday.
LHC Group posts earnings gain
Miami Herald - 7 Aug 2014 13:18Lafayette-based home nursing firm LHC Group reported second-quarter earnings of $6.1 million, or 35 cents per share, compared with $5.8 million, or 34 cents per share, a year ago.
Kevin Ring's Attempt To Lift The Veil On Plea Negotiations
Forbes - 7 Aug 2014 13:17Former lobbyist Kevin Ring asked a federal judge to shed some light on his plea negotiations by disclosing a PowerPoint from plea negotiations meeting prior to trial. The judge denied it, and we are... all a bit more in the dark.
Govt cancels auction of 3 coal blocks: Piyush Goyal
livemint.com - 7 Aug 2014 13:16
Issues concerning prior clearances etc. need to be revisited, says coal ministerEurope faces economic toll from Russia sanctions
USA Today - 7 Aug 2014 13:12
Risk of targeting Russia with economic sanctions: it impacts Europe, too. 10 Things You Need To Know Before The Opening Bell (DIA, SPY, QQQ, FOXA, GMCR, SCTY, WEN, MYL, OWW, ZNGA, SSYS, MNST, LGF, DUK)
Business Insider - 7 Aug 2014 13:11
REUTERS/Kenneth Armstrong The hitchBOT is seen posed next to Highway 17 north of Sault Ste. Marie, Ontario, and a portion of the Trans-Canada Highway August 5, 2014. The hitch-hiking robot is now at... the halfway point in its journey across Canada. Picture taken August 5, 2014. 1. Russia Bans Food Imports From The West. Specifically from the U.S., E.U., Canada and Australia. There may be more measures coming: Russia confirmed flight path restrictions and sanctions targeting the Western industrial sector were also on the table the FT reports. The retaliatory measures against Western sanctions come at a bad time for Europe, which is seeing flagging growth across the board... 2. German Industrial Production Retreats. The latest reading came in at -0.5%, well short of expectations for a...Top Aide: Maureen McDonnell A 'Nut Bag'
TPM - 7 Aug 2014 13:09Maureen McDonnell's former chief of staff painted Virginia's ex-first lady as a "nut bag" who was stressful to work with in her testimony Wednesday.
Why Is The NYC Rental Market Like The Wild, Wild West?
Forbes - 7 Aug 2014 13:07
When it comes to renting an apartment, New York City can sometimes feel like the Wild, Wild West. The limited space, high cost of living and fierce competition set you up for unique challenges you... won’t find in other markets. It’s every man for himself, and if you’re not a quick draw, you can find yourself left in the dust.6 companies where CEOs put at least $5M on the table
USA Today - 7 Aug 2014 13:06
Lots of reasons to sell, but usually only one reason to buy. 6 firms where CEOs put at least $5M on the table
USA Today - 7 Aug 2014 13:06
Lots of reasons to sell, but usually only one reason to buy. Snowden Granted Asylum Extension-- Here's Why He's Still 'Very Useful' To Russia
Business Insider - 7 Aug 2014 13:03
AFP/Axel Heimken A giant screen shows fugitive US intelligence leaker Edward Snowden (top) delivering a speech, on May 16, 2014 in the northern German city of Hamburg, As the world condemns... Russia's continued support for separatists in eastern Ukraine in the wake of MH17, Edward Snowden is asking Vladimir Putin for an extended asylum. It's an awkward circumstance for a self-proclaimed human rights and Internet freedom activist, even beyond taking refuge in a land with a terrible human rights record and no internet freedom. The deeper reality is that Snowden is both practically and politically useful to Putin. "As a consultant on how the NSA works, he is very useful," Independent defence analyst Pevel Felgenhauer told the Russian paper Novaya Gazeta, noting that Snowden can explain...China tightens control over mobile Internet
Miami Herald - 7 Aug 2014 13:03In the cat-and-mouse game of free flow and control of information, China has made its move against the latest information-sharing technology.
Here's An Updated Glimpse At The Unprecedented Ebola Outbreak In Africa
Business Insider - 7 Aug 2014 13:02
An unprecedented Ebola outbreak has hit Africa, and this graphic by AFP provides a glimpse of the problem's scope. There is no known cure for Ebola, which progresses quickly and painfully in humans.... A Spanish priest arrived in Spain for treatment, and two Americans are being treated with an experimental serum that is not available in Africa. AFP SEE ALSO: Here's How Ebola Affects The Body Join the conversation about this story »Jeff Reeves's Strength in Numbers: 5 ways to play the mobile-payments boom
Market Watch - 7 Aug 2014 13:00Here are five companies that are leaders in the megatrend toward mobile payments.
Two Friends Compete To Make The Fanciest, Schmanciest Meal Out Of A Big Mac Combo
The Huffington Post - 7 Aug 2014 13:00
With a bit of creativity, a dose of precision and some time to spare, even the most standard of fast food meals -- a Big Mac and fries -- can be transformed into a Michelin-star-worthy dinner.... Redditor MarkHayes and his friend challenged each other to craft a "fancy" looking meal by using ingredients from a Big Mac combo, including a Big Mac, an order of fries and a Coke. MarkHayes executed an impressive plate, featuring a stack of tiny burgers, a nest of fries shaped like a Jenga game and a miniature salad made from the sparse lettuce that adorns the cheeseburger. The dish was accompanied by Coke, served in a wine glass (with a straw) to wash it all down. His pal produced an inventive spread comprised of wee shepherd's pies made from the Big Mac and sesame seed (extracted from the bun)...5 signs your app is ready to win awards
Venture Beat - 7 Aug 2014 13:00
Sponsored Post: Is your beta the next big thing in mobile? Consider looking into awards such as The Mobileys. "Awards are a great way to gain instant credibility and signal to the industry that you're... the best and not going anywhere,"You're the Boss Blog: Letting Someone Go With Dignity
The New York Times - 7 Aug 2014 13:00At my first company, I made all of the classic mistakes, including at least 20 hiring errors. That meant that I got a lot of opportunities to practice what I have learned about letting people go. I... have gotten better.
3 Big-Volume Biotech Stocks to Trade for Breakouts
The Street - 7 Aug 2014 13:00 DELAFIELD, Wis. (Stockpickr) -- Professional traders running mutual funds and hedge funds don't just look at a stock's price moves; they also track big changes in volume activity. Often when... above-average volume moves into an equity, it precedes a large spike in volatility.
Two coupon books coming in Sunday’s N&O
News Observer - 7 Aug 2014 13:00Look for two inserts -- one Smart Source and a Red Plum -- in this Sunday's home-delivered Final Edition of The News & Observer.
Why It's Worth Making Time for This Lengthy Morning Ritual
inc - 7 Aug 2014 13:00
The habit that will most help you focus and stay sane might initially sound like way too much of an effort.Atlanta Tops Forbes' 2014 List Of America's Most Miserable Sports Cities
Forbes - 7 Aug 2014 12:54
With Seattle basking in Super Bowl glory, Atlanta stands alone at the top.Finance company cutting 170 jobs in Evansville
Miami Herald - 7 Aug 2014 12:53A consumer finance company is planning to close its 170-worker mortgage servicing center in Evansville.
Aug. 7 Premarket Briefing: 10 Things You Should Know
The Street - 7 Aug 2014 12:45NEW YORK (TheStreet) -- Here are 10 things you should know for Thursday, Aug. 7: 1. -- U.S. stock futures were rising Thursday ahead of a meeting of the European Central Bank while investors kept a... wary eye on tensions between Russia and Ukraine.Russia on Thursday banned most food imports from the West in retaliation for sanctions over Ukraine.European stocks fell as investors digested weaker-than-expected German industrial production and another spate of corporate earnings.Asian shares ended mixed.
London Markets: U.K. stocks slip ahead of rate decision; Rio Tinto up
Market Watch - 7 Aug 2014 12:43U.K. stocks decline Thursday ahead of a monetary policy decision by the Bank of England, but shares of Rio Tinto outperform after the mining heavyweight's profit jumps.
China's Coming Shale Gas Auction Offer Little Hope to Private Investors
Forbes - 7 Aug 2014 12:41China’s auction of shale blocks is a somewhat strange business. The first shale sale in June 2011 was largely a staged play among the six state-run bidders. The second round held in 2012 was open to... private investors, but shortlisted candidates included the bizarre choices of a home-appliance company and a hardware firm that mainly sells hand tools. Now the repeatedly delayed third round is expected to take place, but things are unlikely to get any better for private investors hoping to benefit from the country’s future shale gas boom.
In Reprisal, Russia Imposes Trade Sanctions on the West
The New York Times - 7 Aug 2014 12:33Moscow announced a ban on a wide range of food and agricultural products from Europe and the United States, among others, responding to the sanctions Western nations imposed for Russia's Ukraine... policy.
Ask Matt: What's wrong with panic selling?
USA Today - 7 Aug 2014 12:33
Panic selling is a symptom that shows the investor is suffering from a bigger sickness: A lack of a strategy 10 Things In Tech You Need To Know This Morning (AAPL, MSFT, NFLX, TWX, IACI)
Business Insider - 7 Aug 2014 12:33
YouTube Meredith Perry, founder of uBeam. Good morning! The weather in New York is pretty boring lately, in a good way. It's going to be sunny with a high in the mid 80s today. Let's news it: Tinder,... the dating app that has a major investment from IAC, might be raising new money from Benchmark at a $1 billion valuation. A startup called uBeam has made progress on being able to charge devices through the air much like WiFi connects our gadgets through the air. When Mark Zuckerberg was a young CEO, he was kind a jerk of a boss. He supposedly dumped water on someone's keyboard and called their work "shit." He also carried around a samurai sword. The Verge profiled Yves Behar, the industrial designer who made the Jawbone Up, and the Jambox, as well as many other products. Foursquare's...What Mining Bust? Rio Tinto Lifts Its Profit By 21%
Forbes - 7 Aug 2014 12:33Every bust should look this good. That's possibly what shareholders in Rio Tinto are thinking today after the world's second biggest mining company reported a 21% profit increase and a higher dividend... for the half-year to June 30, with the promise of more to come.
Uber's Teaming Up With Kitchensurfing To Provide On-Demand Personal Chefs For One Day Only
Business Insider - 7 Aug 2014 12:30
Uber For one day only, you can use Uber to order your own personal chef to cook for you -- provided you're at your vacation house in the Hamptons. The ridesharing service is teaming up... with Kitchensurfing, a service that lets you hire an on-demand chef to cook for you in your home. On Saturday, August 9, Uber customers can use the Uber app to drop a pin and book a Kitchensurfing chef on-demand. The chef -- one of the 10 on-hand for Saturday -- will come to your Hamptons house (assuming you have a Hamptons house) to cook and serve up a four-course meal of grilled summer BBQ favorites. It's $35 per person, which will get you (and five to 15 of your closest friends) a four-course meal for lunch (available between 11:30 a.m. and 2 p.m.) or dinner (from 5 p.m. to 7:30 p.m.). It's...Why Intel Is Providing a Buying Opportunity Right Now
The Street - 7 Aug 2014 12:30NEW YORK (Best Credit) -- Over the last year, Intel has shown some impressive rallies, rebounding nicely from its sub-$24 lows in January to its recent peaks in the $35 range. Shares currently trade... around $33 and are up nearly 27% for the year to date. Given the overall strength of the personal computer industry, moves like these have been met with some degree of skepticism by some sections of the analyst community. But relative to its competition, Intel still has a firm hold on its position as the world's leading semiconductor producer and this was largely validated by the positive earnings reports released last month. That's one of the reasons I think the stock could be a buying opportunity now. Courtesy of CornerTrader
Are You Ready to Pay Some Texas-Sized Prices for College Football?
The Street - 7 Aug 2014 12:30NEW YORK (TheStreet) -- The National Football League is about to start another season with the preseason already underway. The first full week of preseason games kicks off Thursday night, and the... regular season is just a few weeks away after that. At AT&T Stadium, home of the Dallas Cowboys, professional games won't be the only football that will be on display. In addition to hosting two preseason and eight regular season Cowboys games, AT&T Stadium will feature some top college football games as well. With Oklahoma State, Texas and Texas Tech so close by, they're each taking advantage of the enormous and well-built stadium with games at the arena. And while the arena is farther away than students are generally used to, these tickets are still selling for high averages.
This Saturday, Uber Will Deliver A Chef On Demand To Cater Your Hamptons BBQ
Fast Company - 7 Aug 2014 12:30
For $35 a head, a chef will prepare and serve an elaborate four-course lunch or dinner. Planning an elaborate barbecue this weekend in your Hamptons getaway? Read Full StoryRussia Grants Snowden A 3-Year Residency Permit
Business Insider - 7 Aug 2014 12:24
Kremlin Russia has given Edward Snowden a three-year residency permit, according to his Moscow lawyer Anatoly Kucherena. "The decision on the application has been taken and therefore starting Aug. 1... 2014 Edward Snowden has received a three-year residential permit," Kucherena said. The former CIA technician and NSA systems administrator arrived in Russia on June 23, 2013, on a flight from Hong Kong. The 31-year-old had previously flown to the Special Administrative Region of China on May 20 from Hawaii with an estimated 1.7 million NSA documents. After staying off the grid from May 20 to June 1, Snowden gave an estimated 200,000 documents to American journalists he met in Hong Kong. "A foreign citizen, who got a residence permit, will certainly be able to apply for citizenship [in five...Walgreen feared IRS scrutiny if inversion OK'd
Chicago Tribune - 7 Aug 2014 12:23"The places are poor, and the people are poor"
Washington Post - 7 Aug 2014 12:20LAS ANIMAS, COLO. -- The town of Las Animas takes about five minutes to drive through when the one stoplight is blinking yellow, as usual. It's easy to miss but hard to escape. Just ask Frank... Martinez. Martinez doesn't remember having a deprived childhood. His mom was a home care nurse and his dad was disabled from a workplace injury, but he and his five siblings always had what they needed, even if they didn't wear the latest Nikes to school.
Europe Markets: European stocks waver before ECB decision; Nestlé gains
Market Watch - 7 Aug 2014 12:12European stocks seesaw Thursday as investors await the European Central Bank's policy decision, but Nestlé rises on a share-buyback plan.
European Stocks Slip Ahead of ECB Meeting
The Street - 7 Aug 2014 12:11LONDON (The Deal) -- European markets retreated further on Thursday as investors digested weaker-than-expected German industrial production and another spate of corporate earnings ahead of the... European Central Bank monetary policy meeting. In London, the FTSE 100 shed 0.23% to 6,620.87, while in Germany the DAX lost 0.08% to 9,122.36. In France, the CAC 40 shaved 0.29% to 4,194.94. Earlier in the day, Germany's Economics Ministry said that industrial output rose a seasonally adjusted 0.3% from May to June. That was well below the 1.2% monthly gain that had been expected by economists surveyed by Bloomberg News. The latest figures from Europe's largest economy come hours before the European Central Bank is expected to hold interest rates steady. Investors will also be looking to the...
German Economic Data Has Been Astonishingly Bad
Business Insider - 7 Aug 2014 12:09
REUTERS/Kai Pfaffenbach Two traders talk with each other on the floor of the German bourse in Frankfurt on July 21, 1997. German economic data has been unquestionably bad in recent days. Earlier... today, we learned industrial production unexpectedly fell 0.5% year-over-year in June, missing expectations for a 0.3% gain. This was the first year-over-year decline since July 2013. "June's year-over-year reading confirms the German industry is decelerating from a 5% annual growth peak reached in January," said Bloomberg's Maxime Sbaihi and Niraj Shah in a piece titled "No End in Sight for the German Industrial Slowdown." "[T]he pace deceleration is worrying with the crisis in Ukraine adding further weakness," said Pantheon Macroeconomics' Claus Vistesen. This report came hours before Russia...Market Snapshot: U.S. stocks: Futures up ahead of ECB, jobless claims
Market Watch - 7 Aug 2014 12:07Wall Street could see modest gains at the start of trading, based on futures action for Thursday. First, investors have to take in a European Central Bank meeting and jobless data.
What's Next For Raspberry Pi, The $35 Computer Powering Hardware Innovation
Fast Company - 7 Aug 2014 12:06
Hobbyist tinkerers are turning ideas into consumer products using this simple computer--and a new model will help them do even more. Less than a year after quitting his job at Digg, Jake Levine turned... an idea for a high-definition screen to display digital art into a prototype that landed him $1.7 million in funding, and $750,000 more in Kickstarter dollars. The product is a darling among the tech elite and earned a glowing write-up in The New York Times, among other media outlets. Read Full StoryWonkblog: White people are winning the war on whites
Washington Post - 7 Aug 2014 12:01Mo Brooks, mo' problems. The Alabama representative opined recently that the Democratic party is waging a "war on whites," prompting ridicule from nearly every quarter of the political blogosphere.... Brooks later doubled down on his comments, telling USA Today "it is repugnant for Democrats time after time after time to resort to cries of racism to divide Americans and drive up voter turn out... if you look at current federal law, there is only one skin color that you can lawfully discriminate against. That's Caucasians -- whites." He added, "I want Democrats held accountable... if Americans want a political party that regularly stokes unfounded racial fears, well then vote Democrat."
Abuse of these drugs has tripled among U.S. workers
Market Watch - 7 Aug 2014 12:00Employees are testing positive in record numbers for certain amphetamines and prescription painkillers
10 Super Cool Backyard Retreats And Playhouses
Forbes - 7 Aug 2014 12:00
Get away from it all without packing a bag, by setting up an outbuilding tailored to your imagination.U.S. Housing Is Right on Track -- That Is, if You're Rich
The Street - 7 Aug 2014 12:00NEW YORK (TheStreet) -- With the major U.S. indices reaching uncharted territory almost daily, many people have concluded that the U.S. economy has recovered. After all, unemployment levels have... dropped to just 6.1%, inflation is in check and the Federal Reserve is winding down its generous bond buying program. What else is left for Wall Street to do but fist-pump and proclaim, "mission accomplished"? But the fact of the matter is that the U.S. economy is on shaky ground. Yes, unemployment is down, but the underemployment rate remains above 12%, wages continue to stagnate, and debt levels remain dangerously high.
How Flashy Hotelier Sam Nazarian Is Shaking Up Las Vegas
Fast Company - 7 Aug 2014 12:00
The nightclub impresario has teamed with a series of big names to rethink the hospitality business. "Can you turn that off for two seconds?" Sam Nazarian bounds down onto the floor of what will soon... be his 27,000-foot nightclub and asks a guy with a neon vest and circular saw to take five. Read Full StoryMarathon Petroleum Is a Buy on Its Good Earnings and Yield
The Street - 7 Aug 2014 12:00NEW YORK (TheStreet) -- Marathon Petroleum impressed investors with second-quarter earnings showing a much higher-than-expected diluted earnings per share of $2.95. This was 80 cents higher than... analysts' expectations. Its shares, trading around $87, are down 5.4% for the year to date but up nearly 21% for the past 52 weeks.
GOP Rep Who Pressured Mistress Patient Into Abortion Faces Primary Challenge
TPM - 7 Aug 2014 12:00The Republican primary of the Tennessee race for U.S. Senate on Thursday is being billed as perhaps the last big chance for tea party candidates to unseat an establishment Republican this cycle but... there's another race that could, conceivably, result in an incumbent losing to his Republican primary challenger.
NASA Plans To Deploy These Crowdsourced Projects In Space
Fast Company - 7 Aug 2014 12:00
Topcoder's community is helping NASA find new moons of Saturn and send emails securely to the International Space Station. NASA is crowdsourcing new technologies to hunt down asteroids, track... astronauts' nutrition, send emails to the International Space Station, and discover new moons of Saturn. Read Full StoryHow Conservative Lawyers Are Plotting To Land Obamacare Subsidies Case In Supreme Court
TPM - 7 Aug 2014 12:00Conservative legal opponents of Obamacare are plotting to land their case in the Supreme Court, where they see a real chance that the justices will embrace their statutory argument and wipe out... subsidies for millions of Americans.
Will Gold's Recent Rally Last -- or Will It Evaporate?
The Street - 7 Aug 2014 12:00NEW YORK (TheStreet) -- The gold market reheated today as prices of the yellow metal jumped close to 2% by the end of Wednesday's trading session. Moreover, gold ETFs, including SPDR Gold and iShares... Gold Trust , also rallied today and are up for the year. This recent recovery comes after gold prices fell during most of July. Will gold's recent recovery continue over the short term? And what about the long term? The main issue to impact the progress of gold is the recovery of the U.S. economy. In recent weeks, several key economic reports were positive, including the GDP for the second quarter, which grew by 4%, and the non-farm payroll report, which showed another gain of over 200,000 jobs during July.
The Consequences Of An All-Too-Likely Republican Senate
TPM - 7 Aug 2014 12:00When 2015 rolls around, will an all-Republican-controlled 114th Congress come with it? It pains me to say it, but I wouldn't want to bet much against it. A Republican takeover of the Senate is quite... likely, and the outcome would be pretty dreadful.
Alibaba Saga IV: A Crocodile In The Yangtze River
Forbes - 7 Aug 2014 11:59Author Helen Wang recaps Alibaba - eBay battle: A Crocodile in the Yangtze Rive
How to get paid before payday
CNN - 7 Aug 2014 11:57A new service lets workers access pay they've already earned, without having to wait for payday.
Europe Markets: European movers: Nestlé rises, Adidas falls
Market Watch - 7 Aug 2014 11:50Nestlé and Adidas were among the companies whose shares made notable moves in European trade Thursday.
6 Creatives And Their Curious Relationships With Sleep
Fast Company - 7 Aug 2014 11:48
From NBA champs to Renaissance men these productive people had some interesting methods to catch some shut eye. It seems that everywhere you turn people are bragging about the few hours sleep they got... last night and how burnt-out they are. Read Full Story'Panic Selling' In London Drives Fear That The UK Housing Bubble Is About To Burst
Business Insider - 7 Aug 2014 11:48
Jim McCluskey/Flickr, CC There is one topic of conversation in Britain right now: The insane price of property, both to own and to rent. People on modest, middle class incomes who bought houses for a... few hundred thousands pounds in marginal areas like London's East End during the mid 2000s have suddenly found themselves living inside assets worth more than £1 million ($1.68 million). Economics Help The Bank of England has kept interest rates virtually at zero since the crash of 2008, making mortgages incredibly cheap. That has driven a wave of buyers into the market, pumping up property prices. But Britons' incomes haven't kept pace with those prices, and now it appears we may be reaching some sort of breaking point. Some Londoners have begun "panic-selling" their houses, according to The...Gold climbs Rs300 on seasonal buying, firming global cues
livemint.com - 7 Aug 2014 11:47
Gold of 99.9 and 99.5% purity shot up by Rs300 each to Rs28,800 and Rs28,600 per ten gram respectivelyWhy Your Ego Needs To Stop Controlling Your Career
Fast Company - 7 Aug 2014 11:47
The most successful show us that making your dream job a reality has very little to do with money. It always seems the job you would love never comes with the pay you want. Read Full StoryWhere's the U.S. Beef (and Fruit)? Not in Russia
NBC News - 7 Aug 2014 11:43
Vladimir Putin ordered a ban or limit on food imports from countries that imposed sanctions on Moscow for its support of rebels in eastern Ukraine.FDA Warns Tattoo Artists, Customers That Some Ink Can Cause Infections
The Huffington Post - 7 Aug 2014 11:38
WASHINGTON (AP) -- Thinking about getting inked? Check the bottle first. The Food and Drug Administration is warning tattoo parlors, their customers and those buying at-home tattoo kits that not all... tattoo ink is safe. Last month, California company White and Blue Lion Inc. recalled inks in in-home tattoo kits after testing confirmed bacterial contamination in unopened bottles. At least one skin infection has been linked to the company's products, and FDA officials say they are aware of other reports of infections linked to tattoo inks with similar packaging. Infections from tattooing are nothing new. Hepatitis, staph infections and even the superbug known as MRSA have been tied to tattoos. Dirty needles and unsanitary environments are often to blame. But people getting tattoos can get...Cambodia Tribunal Sentences Khmer Rouge Leaders To Life In Prison
Forbes - 7 Aug 2014 11:37
Nuon Chea and Khieu Samphan, senior leaders of the Khmer Rouge, which terrorized Cambodia in the 1970s, were found guilty today of crimes against humanity and sentenced to life in prison.European Markets Are Down, US Futures Are Up (DIA, SPY, SPX, QQQ)
Business Insider - 7 Aug 2014 11:36
David Blackwell/Flickr European markets are down on Thursday after Russia said it would ban all food imports from the U.S., E.U., Canada, Australia and Norway in retaliation to sanctions over the... Ukraine crisis. Here's the scorecard: Britain's FTSE 100 is down 0.24%. France's CAC 40 is down 0.27%. Germany's DAX is down 0.13%. Spain's IBEX is down 0.40%. Italy's FTSE MIB is up 0.27%. The European Central Bank meets on Thursday. Economists expect the bank to keep rates on hold. Markets are also down in Asia. Hong Kong's Hang Seng fell 0.80%. Japan's Nikkei closed up .048%, turning green after Reuters reported "Japan's public pension fund will increase allocations to stocks." U.S. futures are in the green with Dow futures up 24 points and S&P futures up 4.4 points. SEE ALSO: The 10 Most...Russia Puts The Squeeze On Europe As Focus Turns To ECB
IBTimes - 7 Aug 2014 11:31(Reuters) - The first Russian riposte in a sanctions tussle with the West over Ukraine kept European shares and the euro under pressure on Thursday, as markets waited to hear how the European Central... Bank would respond to the crisis. Stocks in the region were on edge as a week-long slide, which has also seen nervy investors drive yields on safe-haven German government debt to all-time lows, continued.
Emerging stocks drop to 5-week low as Russia bans food imports
livemint.com - 7 Aug 2014 11:28
The developing-nation measure has gained 4.9% this year and trades at 11 times projected 12-month earningsRussia Extends Ban On Food Products From U.S., Europe, Canada And Australia Over Ukraine Sanctions
The Huffington Post - 7 Aug 2014 11:26
MOSCOW (AP) -- Russia on Thursday banned most food imports from the West in retaliation for sanctions over Ukraine -- a sweeping move that will cost Western farmers billions of dollars but could also... lead to empty shelves in Russian cities. The decision shows that President Vladimir Putin has no intention of bowing to Western pressure over Ukraine and will instead try to strike back at the West. It also demonstrated that the Kremlin is prepared to inflict damage on Russia while pursuing its course in Ukraine. The U.S. and the EU have accused Russia, which annexed Ukraine's Crimean Peninsula in March, of fomenting tensions in eastern Ukraine by supplying arms and expertise to a pro-Moscow insurgency, and have imposed asset freezes and loan bans on a score of individuals and companies....These Businesses Have Virtually No Online Presence, Just Moved Locations, And Still Kept Their Customers
Fast Company - 7 Aug 2014 11:24
How mom-and-pop businesses build trust and loyalty. Two years ago, when Charlie Manwaring decided to move Long Island's Southold Fish Market a quarter mile down the road, he didn't even put a sign in... the old storefront. He figured his customers would find him. Read Full StoryAsia Markets: Hong Kong stocks retreat on casino rout
Market Watch - 7 Aug 2014 11:18Hong Kong stocks fall to their lowest settlement in nearly two weeks, as casino shares suffer heavily across the board.
Movers & Shakers: 21st Century Fox, Keurig Green Mountain are stocks to watch Thursday
Market Watch - 7 Aug 2014 11:1521st Century Fox, Keurig Green Mountain and Dynegy move in after-hours trade Wednesday. Orbitz and Mylan report before Thursday's opening bell.
Meet The 25-Year-Old Who Left Her Corporate Job To Cofound The Malala Fund
Fast Company - 7 Aug 2014 11:14
After her friend was shot by the Taliban, Shiza Shahid left her high-powered job to make sure every girl has a chance to go to school. On any given day, Shiza Shahid might be meeting with a head of... state to talk about education funding or having a conversation with a tech entrepreneur about the latest innovations in education. If she's not there, she might be on an airplane headed to a region where girls are not permitted to be educated. Read Full Story'Tomorrow Daily': Wild Photo Editing Software, Google Maps on Mars and More
Boston - 7 Aug 2014 11:03On today's show, we check out new photo editing software that lets you manipulate 2D objects as if they were 3D, talk about a new eHighway demo coming to California, and marvel over Google Earth's new... maps of Mars and the moon.
Getting Past Passwords
Boston - 7 Aug 2014 11:03With another major Internet security breach revealed, users are again being encouraged to change their passwords. Milwaukee-based Hold Security is reporting that a Russian cyber gang stole 1.2 billion... passwords and more than 500 million email addresses. CNET's Sumi Das and Connie Guglielmo report on how to better manage your passwords and what could soon replace passwords.
Russian Hacker Gang Steals 1.2B Passwords
Boston - 7 Aug 2014 11:03An unprecedented data heist highlights the need for stronger password security. Meanwhile, Timex creates a smartwatch that doesn't need a smartphone.
The Totolink A2004NS Is a Great Home Wi-Fi Router with a Little Catch
Boston - 7 Aug 2014 11:03CNET editor Dong Ngo relates the Totolink A2004NS AC1200 Wireless Dual Band Gigabit Router to dating. So whether or not it's a great experience depends a lot on you, too. Care to find out?
The Correlation Between Drinking With Coworkers And Success
Fast Company - 7 Aug 2014 11:02
New research sheds light on the relationship between drinking and climbing the social ladder. We now have data on that creeping notion that the "cool kids" in college were more popular because they... knew how to party harder. Read Full StoryIs London's property bubble starting to burst?
MoneyWeek - 7 Aug 2014 11:01It's hard to dispute that London is in the middle of a property bubble. It's inevitable that prices will fall. And it could happen sooner than many people think, says Matthew Partridge. The post Is... London's property bubble starting to burst? was first published on MoneyWeek.
'Fast Money' Recap: Seeking Security in Glittering Gold
The Street - 7 Aug 2014 11:00NEW YORK (TheStreet) -- The S&P 500 closed flat on Wednesday's trading session while gold rallied 1.45%. On CNBC's "Fast Money" TV show, Tim Seymour, managing partner of Triogem Asset Management, said... he would sell the rally in gold and buy the pullback in emerging market equities. The S&P 500 seems poised to decline to 1,880. Pete Najarian, co-founder of optionmonster.com and trademonster.com, said investors appear to be fleeing to "safety trades." He added that some stocks such as Target appear oversold but most stocks seem to have more downside ahead.
Russia bans Western food over Ukraine sanctions
Miami Herald - 7 Aug 2014 10:53
Russia on Thursday banned most food imports from the West in retaliation for sanctions over Ukraine — a sweeping move that will cost Western farmers billions of dollars but could also lead to empty... shelves in Russian cities.Russia bans Western food over Ukraine sanctions
News Observer - 7 Aug 2014 10:48Russia on Thursday banned most food imports from the West in retaliation for sanctions over Ukraine -- a sweeping move that will cost Western farmers billions of dollars but could…
IT'S OFFICIAL: Russia Bans Food Imports From The US And The EU
Business Insider - 7 Aug 2014 10:34
REUTERS/Natalia Kolesnikova/Pool Russia's President Vladimir Putin (R) speaks with First Deputy Prime Minister Dmitry Medvedev (L) Russia just announced a ban on food imports from the U.S., the... European Union, Canada, Australia, and Norway. Russia is specifically banning all beef, pork, fruit, vegetable, dairy, cheese, and fish imports from the U.S. and the E.U. The ban will last one year from Thursday. The announcement was made by Russian Prime Minister Dmitry Medvedev in Moscow, reports Bloomberg's Olga Tanas. "There is nothing good in sanctions and it wasn't an easy decision to take, but we had to do it," said Medvedev. In recent weeks, the U.S. and the E.U. introduced a series of economic sanctions against Russia for its involvement in destabilizing Ukraine. Sanctions were targeted at...German industrial output up 0.3 percent in June
Miami Herald - 7 Aug 2014 10:28German industrial production grew by a smaller-than-expected 0.3 percent in June, official data showed Thursday — the second set of disappointing figures this week from Europe's biggest economy.
Searchers 'Cautiously Optimistic' About Finding Missing Malaysian 777
Forbes - 7 Aug 2014 10:25
The next phase in the seafloor search for Malaysia Airlines Flight 370 (MH370) should continue in September, Australia announced Wednesday in a joint statement with Malaysia and China.Wife of shot CEO takes over reins of ArrowStream
Miami Herald - 7 Aug 2014 10:23ArrowStream has announced the wife of its CEO, who was severely wounded by a disgruntled employee, will temporarily take over the reins of the company.