Lands’ End missed the lumbersexuals memo
Smells like Sears: Experts believe the problem for Lands’ End might be its ongoing relationship with Sears. Although Sears (SHLD) spun off Lands’ End into separate company in April, Lands’…
Tag: factset
Google is becoming a wireless carrier
Related: T-Mobile rejects half of its customers because of bad credit Adding Google to an already competitive field that is in the middle of a major price war isn’t likely…
Obamacare website reins in personal data sharing
Citing Healthcare.gov’s many technology glitches, they wrote: “This new information is extremely concerning, not only because it violates the privacy of millions of Americans, but because it may potentially compromise…
‘Records on top of records’ for ‘American Sniper’
It wasn’t a coincidence that the Academy Awards nominations were announced a day earlierCooper was nominated for best actor and the movie was nominated for best picture, giving “Sniper” even…
Madoff defends sons in email to NBC
Madoff once again asserted that his sons were never involved in his massive, long-running Ponzi scheme, a claim that he has made since his arrest in Dec. 11, 2008. He…
Finally, Jamie Dimon gets his cash bonus
Factset: FactSet Research Systems Inc. 2015. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
$7.54 for a Big Mac? Only in Switzerland
On average, a Big Mac in Russia will set you back $1.36, or 89 rubles. Russia’s currency has plunged to record lows in recent months as falling oil prices combined…
Tootsie Roll names 83-year old widow as new CEO
Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved.
Oil boomtown: ‘We could see 20,000 layoffs by June’
Arthaud, a North Dakota native who’s been active in the state’s oil industry since the late 1970s, said he isn’t particularly concerned for his company, which employees some 2,000 people…
I’ve made millions playing poker, own almost nothing
In 2013, my travels led me to a silent meditation retreat at a Buddhist monastery on a small island in Thailand. I handed over what was left of my belongings,…
Struggle City: Most U.S. cities haven’t recovered yet
Related: Still waiting for a pay raise? You’re not alone The other America: Meanwhile, several U.S. cities located near the Great Lakes ranked in the bottom 50 cities worldwide for…
Hands on with Microsoft’s HoloLens
Related: Microsoft’s insane holographic vision of the future After an on-stage demonstration of the sleek, wraparound black glasses, Microsoft gave reporters four hands-on demos of the device at its Redmond,…
London mayor Boris Johnson bends to IRS, settles U.S. tax dispute
Last year, Johnson told NPR that officials were “coming after him” for capital gains tax on the sale of his first London home. Asked whether he would pay the bill,…
Wal-Mart China: Hitting headwinds
In the 1980s, China started opening up and rolled out the welcome mat: tax breaks and other incentives to attract technology and capital. Now China’s just a more “normal” place…
Greece elections: Have 5 years of austerity paid off?
Related: EU must end austerity and restructure debt 2. Healthier banks: Greece’s banking sector is much more resilient. Banks have been recapitalized and the industry has downsized from 18 commercial…
The Army gun: My ‘Lethal Weapon’ moment
I first heard about the M9 in 1985, when the Army first issued it to replace its previous gun the Colt M1911, reminding me of my grandfather who served in…
McDonald’s sued over claims of racism
“McDonald’s closely monitors everything we do, from the speed of the drive-through line, to the way we smile and fold customers’ bagsbut when we try to tell the company that…
T-Mobile rejects half of its customers because of bad credit
“This is the dirty little secret in the industry,” Carey said. “You see all these adsget this, get thatbut if you step back and see what’s happening, one out of…
Heath insurers are stock market darlings thanks to Obamacare
Simply put, greater access to health insurance has led to more customers for the insurance giants. And UnitedHealth is not the only company to benefit. The other four members of…
Toy story: What toy sales tell us about China’s future
John Liu, the Marketing Director of Zenit, a Chinese company that sells high-quality wooden toys, said that he first realized two years ago that there was a strong opportunity to…
30% of U.S. shale industry may vanish — Ross Perot Jr.
Perot’s comments come as a growing number of oil companies announce cuts to jobs, production and investment. BHP Billiton (BBL) announced Wednesday it was cutting its U.S. onshore rig operations…
Fox’s Bill O’Reilly calls possible lawsuit from Paris ‘ridiculous’
O’Reilly accused Hidalgo of “playing to the left” and added, “The suit’s going nowhere. It’s ridiculous.” On Tuesday Hidalgo told CNN’s Christiane Amanpour that Fox News had “insulted” her city…
Macau: China’s gambling mecca desperately needs to diversify
More than 80% of government revenue comes directly from the casinos. When the industry booms and tax revenue jumps, residentsmost of whom are employed in the businessreceive payouts from the…
Driving a jet-powered Corvette
Both cars were perfectly legal to drive on public roads, but the Chrysler, of which 55 were built, felt absolutely ordinary compared to the one-and-only Jet Vette. While the Chrysler…
Jay Leno wades into Cosby controversy
However, instead of being edited, Buress’ act went viral, leading to the public getting its news without any filter. “Because somebody just filmed it and put it out there, you’re…
Oil’s influence on stocks is ‘not normal’
Since the beginning of this year, that correlation has jumped to 60% or even higher. On some three-day stretches it has even hit 90%. That’s because when prices of some…
EBay cuts 7% of workforce
Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved.
Jindal’s PAC takes on ‘liberal media’ in fight over ‘no-go zones’
Related: Paris mayor says she will sue Fox News The idea of “no-go zones” reached a fever pitch on Fox News following this month’s terrorist attacks in Paris. – Factset:…
Time to get your Starbucks (stock) again?
The departure story: Alstead was just promoted last January to COO from Chief Financial Officer, and became responsible for the company’s daily business. His departure comes right after Starbucks had…
Microsoft’s insane holographic vision of the future
In one scene, a woman wearing HoloLens needs help fixing her leaking sink. A man in another city sitting in front of a tablet sees what she is seeing, makes…