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CBS Credits Retransmission Payments As It Beats Q2 Expectations

CBS beat Wall Street’s earnings expectations for the June quarter, it just disclosed with the release of its latest financial report. But it might not have a big impact on the stock at a time when investors are eager to hear about future...Show More Summary

Apple readying third bond sale this year, $7 billion expected to fund stock buyback program

7 hours agoTechnology / Apple : 9 to 5 Mac

Apple is continuing to take advantage of low interest rates and bond sales to fund its giant stock buyback program. The Financial Times reports that Apple is preparing its third bond sale of the year to the tune of $7 billion: more… Filed under: Apple

Green Room’s Suspense Will Make You Go Pale

Green Room is the ultimate story of being in the (very) wrong place at the (very) wrong time. The punk rock band The Ain’t Rights is having financial woes, and in dire need of gigs. Out of desperation, they agree to play an off-the-beaten club in the woods—the meetup and favored watering hole of a … Continue reading Green Room’s Suspense Will Make You Go Pale ?

Ford Hits a Profit Wall in North America

Ford Motor Company says its profits dropped 9 percent in the second quarter, and warns that leaner times are coming. Net income, global market share, and earnings per share all fell, but the automaker’s financial news wasn’t all bad....Show More Summary

Post Brexit, leaving the customs union is a no-brainer

The Financial Times has reported that there is a “live debate” in Whitehall around whether the UK should leave the customs union with the EU or not, following the result of the EU referendum. Open Europe examined this issue in detail 18 months ago. Show More Summary

How much are couch potatoes costing the world?

For the first time, researchers put a dollar amount on the financial burden of our increasingly sedentary lives

Tax Rules For Renting To A Relative

AARP calls young adults moving back in with their parents “the new normal.” Although the U.S. economy has come a long way since the financial crisis, more young adults in this country are living with their parents than at any time since 1940. Some return home after being on their [...]

Tesla: Elon Musk Has Big Plans For Big Profits – With A Huge Pricetag

Tesla Motors, with Elon Musk at its helm, clearly has ambitious plans to permeate the market with viable electric cars. But, investors wonder, is the financial basis for Musk’s far flung plans sound? As reported in The New York Times, when Elon Musk announced Tesla’s future plans last week, he did so in a glass-walled... Show More Summary

How Android 'switchers,' a cheap iPhone and the expensive iPad Pro saved Apple

Q3 2016 is probably the most interesting financial quarter Apple has had in a long time, and despite falling hardware sales across the board, Wall Street is happy with the end result. Here's why.

What to expect from the Federal Reserve's July meeting

Federal Reserve policymakers meet this week for the first time since Britain voted to leave the European Union, and the referendum's effects on financial markets and economic growth are likely to be a hot topic during the two-day gathering. After all, central bank officials were so concerned about...

Dota 2: The International $18.4M prize pool breaks its own record for largest pot in eSports history

Dota 2’s annual global championship remains the most financially rewarding eSports event. Dota 2: The International 2016 is still two weeks off but the crowd-funded prize pool has already passed 2015’s effort. At time of writing, the prize pool stands at a whopping $18,477,010. The majority of this amount is sourced from a 25% slice […]

MTA Board Will Tackle Its Financial Plan and ORT Procurement Procedures Today

Times Herald-Record (Middletown, NY) looks ahead to this morning’s Metropolitan Transportation Authority board meeting at which directors are scheduled to review an update of the authority’s long-range financial plan and preview its 2017 budget. Show More Summary

The Economics of the Saudi's "take-the-money-and-run" Strategy

As the Financial Times reported on 12 July, Saudi Arabia’s oil-output reached record highs in June 2016. Increasing production 280,000 barrels/day to 10.6m b/d, Saudi Arabia has once again waved off OPEC’s request not to glut the market...Show More Summary

Apple expected to report weak earnings for second straight quarter

Apple is expected to announce Tuesday that quarterly sales fell in consecutive quarters for the first time since 2002 as demand slows for its smartphone lineup.  Financial analysts estimate that the world’s most valuable company sold about 40 million iPhones from April through June, down from 47.5...

Brexit's Impact On Fintech Looks Like A Long Time Coming

London has a depth in financial services that surpass any city in continental Europe, and a lead role in global finance.

Ballet Company Still Reeling Financially Three Years After Cancelled Joni Mitchell Project

“On the heels of a series of successful pop productions, [Alberta Ballet] was working for a second time with singer Joni Mitchell, working to stage a production based on her love songs.” But an artistic disagreement with Mitchell and the consequent cancellation “cost [the company] about a million dollars … in single ticket sales that […]

PA Lawmaker Pushes for Tax Credits for Toll Payers

Bucks County Courier Times reports, “State Rep. and Democratic congressional candidate Steve Santarsiero is pushing state legislation that would lighten the financial impact a little of rapidly rising tolls on Pennsylvania’s highways...Show More Summary

Benefits Can Be Just As Attractive To Employees As A Pay Rise

With the end of financial year just past us, many Aussie businesses use this time of year to look at promotions and salary reviews. While many of your employees may be gunning for a pay rise, it could be a good time to look at what benefits you could offer aside from cold, hard cash. More »      

Estonia is so scared of a Russian cyberattack that it's opening a data centre in the UK

Estonia is opening a UK data centre to protect its data from Russian hackers, according to The Financial Times. The small Baltic state, which was victim to a large Russian cyber attack in 2007, will reportedly use the UK facility toShow More Summary

The Guardian’s parent company is poised to unveil a record loss

The Guardian Media Group (GMG), owner of The Guardian and The Observer, is set to announce a record pre-tax loss of £173 million ($228 million) on Wednesday. The Financial Times has seen earnings figures circulated to senior executives...Show More Summary

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