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Dealing in uncertainty, the essay may be the perfect form for our time

Sharks were swimming in the New York Stock Exchange. On the night of Monday, Oct. 29, 2012, as Hurricane Sandy brought chaos and destruction to New York, Twitter had the news. First, a tweet headed BREAKING (all caps) went out saying that the exchange had been flooded with more than three feet...

Investors Pulled $20.7 Billion from Hedge Funds In June

Traders work at the post where shares of Patheon NV is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2016. Reuters Looks like investors didn’t trust their hedge funds to, you know, hedge against upcoming Brexit-related market turmoil. Investors pulled $20.7 billion from hedge funds in […]

NY Times:FASB's New Stock Option Treatment Raises Profits, Highlights Low Effective Tax Rates Paid By Most Companies

The New York Times: A Profit Bump for Companies, and Tax Transparency for Investors, by Gretchen Morgenson: Think the world of accounting is dull? Then you don’t know about the new auditing rule that is about to raise many companies’ reported profits and bring greater clarity to the actual taxes...

We Wanted Flying Cars and All we Got was Verizon and Donald Trump

I’m back home in the USA. New York specifically. It’s good to be home. Nothing has changed…Donald Trump wants us to sell stocks, hate our neighbors and (eventually I assume) turn them in…and Verizon just bought Yahoo. I love this line from Ben Evans: Verizon, 1995: “this internet thing won’t be much. I bet we …

The CEO of a $14 billion tech company explains why he's inviting 35 key customers to the Tour de France

Keen cyclist Mike Gregoire is the CEO of New York enterprise software firm CA Technologies, which is valued at $14 billion (£11 billion) on the NASDAQ stock market. This weekend, he's invited 35 of his biggest customers to watch the final stage of the Tour de France in a bid to build and strengthen his company's relationship with them. Show More Summary

Gwen Stefani Auditioned for Angelina Jolie's Role in 'Mr. & Mrs. Smith'

Gwen Stefani shows off her rocker style in fishnet stockings while leaving SiriusXM Radio studios on Wednesday (July 20) in New York City. The 46-year-old entertainer appeared on The Howard Stern Show show where she revealed that she auditioned for Angelina Jolie‘s role in Mr. & Mrs. Smith. “I feel like I almost got it,” [...]

Macy's tests artificial intelligence tool to improve service

NEW YORK (AP) — Macy's is testing a mobile tool using artificial intelligence that lets shoppers get answers customized to the store they're in — like where a particular brand is located or what's in stock — that they would normallyShow More Summary

STOCKS CLOSE AT NEW HIGHS: Here's what you need to know (SPY, SPX, DJI, IXIC, BAC, GME, FCAU)

The Dow Jones Industrial Average and benchmark S&P 500 clinched new closing highs on Monday even though the broader indexes were little changed during much of the trading session. Volume on the New York Stock Exchange was about 20% lower...Show More Summary

Green Energy Stock Skyrockets After Power-Generating Buoy Deployment

Ocean Power Technologies Inc. climbed to a 19-month high after installing its first power-generating buoy designed for commercial use, off the coast of New Jersey. Ocean Power gained 75 percent to $8.29 at the close in New York, the highest since December 2014. Show More Summary

Line shares spike in debut, valuing the Tokyo messaging service at $9B

NEW YORK — Line, a popular Japanese mobile messaging service, made its U.S. stock market debut today and its share price quickly soared in what is now being called the largest tech initial public offering (IPO) since e-commerce giant...Show More Summary

Can stocks stay at highs? That depends on earnings

By Caroline Valetkevitch NEW YORK (Reuters) - After finally eclipsing year-old record highs, the U.S. stock market will be tested again next week, when the onslaught of company earnings could help investors assess the impact of Britain's vote to exit the European Union. Show More Summary

Line Soars After Debut, Amid Hunger for Tech Listings

Line Corp., the Japanese messaging app whose stock made its debut in New York and Tokyo during the past two days, has had a very lucky run.

LINE Corp raises $1.1 billion in 2016's largest tech IPO

Japanese mobile messaging platform LINE Corp began trading on the New York Stock Exchange yesterday, raising $1.1 billion in gross proceeds and becoming the largest tech IPO in 2016...

Line shares score big gains in first day of trading in Japan

On Thursday, Line shares debuted on the New York Stock Exchange.        

NYC pension fund dumping firearm stocks amid push for gun control

2 weeks agoNews : NY Daily News

The New York City Employees' Retirement System voted on Thursday to divest from gun companies.

Japanese messaging app Line shares surge in debut in Tokyo

TOKYO (AP) — Line Corp.'s shares surged in its debut on the Tokyo Stock Exchange, following its initial public offering in New York, as investors cashed in on the popular Japanese messaging app that features emoticons. Line sells pictorial "stamps" to decorate messages, sells dolls and mascot items and offers free voice calls and chats.

Line’s share price jumps 50% on Tokyo debut as IPO raises over $1.1B

Fresh from a positive listing in New York on Thursday, messaging company Line saw its share jump as high as 50 percent after it listed on the Tokyo Stock Exchange in its native Japan. Read More

Buffett donates nearly $2.9bn to charity

Berkshire Hathaway chairman Warren Buffett donates roughly $2.9bn of his holdings in the company's stock to charity. ||| New York - Warren Buffett, the billionaire chairman of Berkshire Hathaway, has donated another roughly $2.86 billion...Show More Summary

New York City Pension Fund to Divest Itself of Gun Retailer Stock

The fund is selling shares in Dick’s Sporting Goods, Cabela’s, and Big 5 Sporting Goods, worth $10.5 million as of mid-June.

BlackRock stock buy backs continue though CEO warned against repurchases

NEW YORK (Reuters) - The world's largest asset manager BlackRock Inc has been buying roughly $275 million of its shares every quarter, a practice chief executive Larry Fink said could continue even though he has previously warned about the downside of share repurchases. Show More Summary

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