The financial news today is abuzz with headlines about the Greek debt crisis. The biggest development came with International Monetary Fund Managing Director Christine Lagarde being quoted as saying that "a Greek exit is a possibility,"...Show More Summary
Lenovo is making a splash at their Lenovo Tech World Showcase currently being held in Beijing, China – First they announced an awesome World’s first laser Projector Smartphone and followed it up with another interesting product, Lenovo Cast. Show More Summary
England may boycott the 2018 World Cup in Russia over the FIFA corruption scandal. England's Football Association chief Greg Dyke has backed the suggestion by UEFA, European football's governing body, to boycott the competition if Sepp Blatter is re-elected as FIFA president for another term. Show More Summary
NVIDIA has been talking about its SHIELD Android TV device since the Game Developers Conference back in March, though the product was being called the SHIELD Console back then. Yesterday, however, NVIDIA officially launched the product to coincide with some related announcements out of Google and its media partners at [...]
Scott Eisen/Bloomberg News Janet Yellen, chair of the U.S. Federal Reserve, speaks during a Greater Providence Chamber of Commerce Economic Outlook luncheon in Providence, Rhode Island, U.S. Investors continue to gird for a interest-rate hike after years of waiting in vain. One manifestation of this guarded behavior can be seen in investor flows into short-duration [...]
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2015. In the past month, the indexes increased in 40 states, decreased in six, and remained stable in four, for a one-month diffusion index of 68. Show More Summary
Poor California gets split in half by seismic activity in "San Andreas," director Brad Peyton's earthquake thriller starring Dwayne Johnson, Carla Gugino and Alexandra Daddario.
Bloomberg: Greece Vows to Hold Out Another Week as EU Aims to Wind Up Talks. The Greek government said it can survive another week without defaulting on the International Monetary Fund as European officials warned the window for accessing aid is closing. Show More Summary
More than 1 million items will be eligible for same-day delivery in 14 metro areas including New York, Los Angeles, the San Francisco Bay Area, Philadelphia, Phoenix and Atlanta.
Analysts continue to ponder yesterday’s announcement by Avago Technologies (AVGO) of the biggest tech deal ever, a $37 billion cash and stock purchase of Broadcom (BRCM). Intel (INTC) is hovering in the background, of course, and some think the company could make a competing bid, even as the focus today returns to its rumored interest in [...]
The headline is pretty self-explanatory. On the eve of the release of San Andreas from Warner Bros./Time Warner Inc., here is my personal "best of" list for the actor known as Dwayne The Rock Johnson. These will be in-order of preference, and I am explicitly sticking to out-and-out star vehicles for [...]
Another day, another stock market dump saved by another Greece headline... GREECE WILL MAKE JUNE 5 PAYMENT DUE TO IMF, GREEK ECONOMY MINISTER STATHAKIS: REAL The question is, what money will Greece use this time? They already "borrowed" their IMF reserves to make the May 12 €750MM payment to the IMF... Show More Summary
Michael Jackson's former Neverland Ranch has hit the market for $100 million, the The Wall Street Journal was first to report this week. But with the late King of Pop deceased, who stands to benefit from the property's sale? Not the Jackson family...at least not by much. Instead, Colony Capital, the [...]
Worries that the Federal Reserve’s bond buys would lead to runaway inflation were misguided and have proven incorrect, according to new research from the Cleveland Fed.
As the hottest tech companies wade into thorny political and regulatory issues, they're fortifying their teams with some of Washington's most influential advisers.
Does it surprise anyone that with Russia hosting the Men's World Cup in 2018, President Vladimir Putin is up in arms over the U.S. involvement in the FIFA corruption indictments?
Links to the best reading in funds investing: BlackRock’s (BLK) Larry Fink is trying to remake the asset manager’s actively managed business — Mary Childs, Bloomberg After more than a week, Hanergy Thin Film Power (HK.0566) remains halted, leaving the Guggenheim Solar ETF (TAN) in limbo — Abheek Bhattacharya, The Wall Street Journal Former fund [...]
By Denny Thomas and Khettiya Jittapong HONG KONG/BANGKOK (Reuters) - Thai billionaire Charoen Sirivadhanabhakdi is considering buying cognac maker Louis Royer, people familiar with the matter said, potentially locking horns with a Philippine tycoon for the French firm amid a forecast rebound in Asian demand for luxury spirits. Show More Summary
Who’s next on the bidding plate after Avago’s (AVGO) record $37 billion offer for Broadcom (BRCM), announced yesterday? Aside from a theoretical competing bid by Intel (INTC) for Broadcom, or for Altera (ALTR), check the options market, writes MKM Partners’s derivatives strategist Jim Strugger in a note to clients today, drawing on research by MKM’s semi analyst, [...]
Officials from the US, Germany, Japan, Britain, France, Italy and Canada are discussing Greece on the sidelines of the G7 gathering. ||| Dresden, Germany - The head of the International Monetary Fund warned that Greece could fall out...Show More Summary