Over the past twenty years, Steve Cohen built his hedge fund SAC Capital into one of the largest and most successful operations on Wall Street, making himself into a billionaire nine times over. But Cohen’s long and illustrious …
Three Little Words to Never Say in an Interview
Not without a follow up at least
Black Friday Shoppers Are to Blame for Ruining Thanksgiving
Macy’s has been getting a lot of grief for announcing that the store will open its doors to shoppers on Thanksgiving for the first time ever. But because its retail competitors are doing the same — and because our …
JPMorgan, Government Reach “Tentative” $13 Billion Deal Over Mortgage Bonds
Doesn’t include resolution to ongoing criminal probe
Here’s Why Sen. Ted Cruz is Blocking FCC Nominee Tom Wheeler
Sen. Cruz wants answers from Wheeler about whether the FCC has the authority to implement the DISCLOSE Act
J.C. Penney Follows Macy’s In Pre-Black Friday Rush
The Black Friday arms race has begun
Google Stock Hits $1,000, All-Time High
Milestone after stronger-than-expected earnings
Student Loans Are Becoming a Drag on the US Economy
The CFPB’s student loan ombudsman draws parallels with mortgage crisis and says student debt is hurting the housing market and the economy.
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Money Talking: DC’s Debt Deal Gets a ‘C-‘
The federal government is up and running after a last-minute deal between Republicans and Democrats ended the shutdown. The agreement also raised the debt ceiling so the government can pay its bills—for now. Washington will …
Lenovo Is the Only Company With a Chance of Saving Blackberry
And it may not be much of a chance at all
Giant Beer and Liquor Companies Grasp for Local, ‘Small Batch’ Appeal
Pay no attention to the fact that Budweiser and Absolut Vodka are massive, global brands. After tweaking their recipes and slapping new labels on bottles, some of the world’s largest beer and liquor brands are trying to convince …
HSBC Will Appeal $2.46 Billion Court Ruling
Fine is the largest ever for a securities fraud class action lawsuit