Starbucks announced on Tuesday that an arbitrator said the company must pay Kraft Foods $2.23 billion in damages for cutting short its grocery-store deal with Kraft, Reuters reports.
Kraft started selling bags of Starbucks …
Elon Musk Says Tesla Fires Are Overblown
And he tries to spin the plummeting stock prices.
Stocks Dip Tuesday Following Record Highs
Even a bull market needs a breather
Where the Next Huge Real Estate Bubble May Be Building
The 2000s real estate bubble—which burst in 2007 and precipitated a once-in-a-century financial crisis and recession—is not something most folks are excited to see repeated. But five years of declining or stagnating housing …
Curious CapitalistAsia
Foroohar: China's Communist Party Is Getting a C- in Economics
Governments always play catch up with markets. Today, China’s Communist Party ended its third plenum meeting laying out the country’s future development path, announcing that markets would have a “decisive” role in …
Why Daily Deal Sites Are Giving Up on Daily Deals
Fewer and fewer consumers bother to open the daily deal messages plopped in their e-mail in-boxes, and fewer still follow through and actually bite on the offers. That’s why daily deal giants Groupon and LivingSocial are trying
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Federal Government Approves American-US Air Merger
The merger creates the biggest airline in the world
How Retailers, Not Your Creepy Uncle, Are Going to Ruin Thanksgiving This Year
This year, in a shortened, especially desperate season for retailers, stores are giving shoppers reason to desert their families on Thanksgiving before dessert is served.
One Place Where Brooklyn Is Not Cool
Around the world, “Brooklyn” has become a global hipster brand, seen on craft brews, clothing, restaurants, and more. But in Philadelphia, the presence of “Brooklyn” in the name of a local flea market just comes across as obnoxious.
Millenials Are Already Winning at Retirement
Millennials understand that they need to save. Two simple policy shifts will give them the means.
Walmart’s ‘Black Friday’ Sales Will Begin Earlier Thursday
It’s just the latest announcement from retailers hoping to capitalize on the bargain-hunting Thanksgiving shoppers
Dow Jones Closes at Record High — Again
Monday was the third time in a week that the Dow reached a new peak