Tesla Motors Inc. (NASDAQ:TSLA) stock sunk in the market after a research note from Morgan Stanley questioned the automakers ability to ramp up production as problems about Model-X falcon wings continue to surface. CEO, Elon Musk was forced to quench the concerns reiterating that the automaker was not in any way considering scraping away the […]
Elizabeth Warren tore into FHFA director Mel Watt over his failure to develop a program for Fannie and Freddie to provide principal modifications to underwater borrowers at risk of foreclosure. She also got in a dig for his failure to stop the agencies from pursuing deficiency judgments. Show More Summary
``Construction started on new U.S. homes fell 2.8% in October, led down by volatile apartment building, according to government data released Wednesday. The annual rate of total housing starts declined to 1.01 million last month from 1.04 million in September, the U.S. Show More Summary
``The Federal Reserve Banks and the Federal Reserve Board are moving ahead with a plan for working with all the payment stakeholders -- banks, merchants, corporates and consumers -- on ways to develop faster payments, based on research that says a new payment infrastructure is the best choice for the U.S.''
Tech geeks have been anticipating the premiere of “The Imitation Game", a biopic about computing pioneer Alan Turing. Keira Knightley, who stars in the film opposite Benedict Cumberbatch, attended a release party in Silicon Valley along with some of the biggest names in the industry. Show More Summary
The minutes from the Federal Reserve's latest FOMC meeting are set for release at 2:00 pm ET. This is expected to be the market moving event on Wednesday. The minutes will document the Fed's debate at its last monetary policy meeting,...Show More Summary
Apple Inc. (NASDAQ:AAPL) is well known for creating its own market. Apple has revolutionized the tech industry with a lot of innovative products starting from iPod till the latest Apple Watches. They even venture into cloud space and payment business. Why does Apple Inc. (NASDAQ:AAPL) need to introduce a lot of new products in spite […]
Ralph Wilson Stadium is supposed to host a game Sunday between the Buffalo Bills and the New York Jets, though the venue currently looks more like Hoth than a football field. PHOTO: The inside of Ralph Wilson stadium under a thick blanket of snow and blowing drifts. Show More Summary
Goldman Sachs Group Inc (NYSE:GS) agreed to a $5 billion deal with Business magnate Warren Buffett’s Berkshire Hathaway during the financial crisis back in 2008. At the times when many feared that the financial institutions were going down, Buffett made an interesting decision of investing in Goldman Sachs Group Inc (NYSE:GS). That turned out to […]
Today, the Federal Trade Commission and the state of Florida have obtained federal court orders for a list of companies allegedly selling fraudulent computer software and tech support services, according to a release. The court order will take two separate scam operations temporarily offline. Show More Summary
Two big-name apps, Duolingo and Wolfram Alpha, arrived today for Windows Phone to match their Android and iOS counterparts. You can download both now directly from the Windows Phone Store: Duolingo and Wolfram Alpha. If you’ve never heard of it, Duolingo is a free language-learning and crowd-sourced translation app. The Android and iOS versions have […]
James Grimaldi of Seneca, New York, has filmed some shiver-inducing footage of the winter storm taking over the U.S. Grimaldi used a drone to videotape the massive storm and uploaded the video to YouTube on Tuesday. Check out the drone's aerial view of a snow-covered neighborhood in Grimaldi's footage below. --Meghan DeMaria More
Halliburton Co.’s purchase of Baker Hughes for about $35 billion is designed to cuts costs for the combined companies and help them dominate hydraulic fracturing in North America. It also could make the new Halliburton surpass Schlumberger Ltd. as the global market leader in oilfield services.
A new report from Forrester suggests putting resources into other channels to establish lasting relationships.
From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,009,000. This is 2.8 percent below the revised September estimate of 1,038,000,...Show More Summary
The home improvement retailer has high hopes for its future, and it knows it has to deliver in five key areas. Find out which is most important to Home Depot's success.
Gold held near $1 200 (R13 224) an ounce as traders awaited Federal Reserve minutes later in the day. ||| London - Gold held near $1 200 (R13 224) an ounce on Wednesday as traders awaited Federal Reserve minutes later in the day andShow More Summary