Alibaba is using drones to deliver tea
The potential of using drones for commercial delivery has caught the attention of e-commerce and logistics companies across the globe. – Most stock quote data provided by BATS. Market indices…
Tag: factset
China pumps $100 billion into banks to boost economy
Wednesday’s 0.5% cut in the ratio of reserves Chinese banks are required to hold was widely expected following last November’s cut in key interest rates, and China’s oft stated commitment…
Slam dunk: Under Armour wows again
Related: No way, Under Armour! Nike swooshes in with $300 million to keep Kevin Durant The Baltimore-based company’s shoes, women’s clothing and international expansion are its fastest rising stars. Sneaker…
Target Canada: everything must go
Target had about 17,600 employees in Canada at the beginning of the year. Most stock quote data provided by BATS. Market indices are shown in real time, except for the…
Silk Road founder Ross Ulbricht found guilty on all counts.
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar:…
Money still tops list of things that stress Americans out the most
After financial issues, Americans singled out work and family responsibilities as two other major sources of stress in their life. – Most stock quote data provided by BATS. Market indices…
Sony: The ‘Interview’ hack won’t hurt our earnings
Related: Hack so bad, Sony’s computers still don’t work – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is…
Petrobras chief resigns amid corruption scandal
Related: World’s most corrupt industries – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes….
Looking for a good job? Try these cities
“The best-positioned cities have specializations in multiple areas,” said Mark Muro, a senior fellow at Brookings’ Metropolitan Policy Program. Brookings identified 50 advanced industries nationwide. In addition to the ones…
Wal-mart, Target and others under fire for selling bogus supplements
Related: Hedge fund manager cries over Herbalife – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by…
Greece tones down its debt demands
Greece’s new finance minister Yanis Varoufakis told the FT he wants to request a “menu of debt swaps” to ease the burden on Greece. Athens also hinted at asking for…
Croatia wipes out debts for 60,000 people
The program is designed specifically for households that made less than 2,500 kuna ($370) over the last three months and meet other financial criteria. – Most stock quote data provided…
American whiskey popularity grows overseas
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar:…
K-cup ‘Freedom Clip’ lets you brew unauthorized coffee
A spokeswoman from Keurig Green Mountain disputed the notion that it doesn’t offer choice, noting that more than 400 different beverages from 60 brands are authorized for the Keurig 2.0…
Uber to develop self-driving cars
But the Wall Street Journal, also citing an anonymous source, batted that notion down, calling Bloomberg’s report “blown out of proportion.” The Journal said that the app Google is developing…
Caddies to PGA: Stop treating us like second-class citizens
Caddies are experts on golf courses, and a good caddie can mean the difference between a loss and a win. The complaint says “caddies also serve as coaches, strategists, general…
Disney’s profits keep on their hot streak, earnings beat expectations
During a call with analysts, Iger made a point of noting that the company has 11 franchises that will generate $1 billion in retail sales this year. – Most stock…
IRS says it’s using technology from JFK’s time
“It’s like driving a Model T that now has a great GPS system and wonderful sound system, [and] has a rebuilt engine,” he said. Part of the problem: All the…
McDonald’s tried to turn Chipotle into another McDonald’s
Related: 5 stunning stats about McDonald’s Chipotle refused to take advice from the industry leader on other weighty issues. – Most stock quote data provided by BATS. Market indices are…
Chipotle stock tanks after earnings. Was it a little too hot?
Higher food prices are also affecting Chipotle’s bottom line. Food costs rose an hefty 35% last quarter as certain meat prices are at historic highs. But customers can rejoice: Chipotle…
Charlie Hebdo to return on Feb. 25
Watch: Mayor says Paris will sue Fox News – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed…
RadioShack employees wonder: What’s next?
Even if RadioShack is circling the drain, staffers won’t necessarily be out of work immediately. – Most stock quote data provided by BATS. Market indices are shown in real time,…
Alibaba strikes financing deal with Lending Club
Read next: Non-bank loans: Quick, easy…and addictive? Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two…
Wall Street bets on Staples-Office Depot marriage
In a letter to Staples CEO Ron Sargent last month, Starboard suggested that it could enlist other shareholders to join its cause if the company didn’t cooperate. Staples responded that…
Why should we trust the Sony PlayStation Network ever again?
But it’s been especially patchy lately. In August, digital punks calling themselves “Lizard Squad” interrupted the PlayStation Network along with several others. On Dec. 8, they attacked knocking the network…
‘American Sniper’ now ranks as No. 1 war movie at the box office
The war movie milestone is significant. Critically-acclaimed movies set in Iraq, like “The Hurt Locker,” and other post-9/11 features like “Zero Dark Thirty,” earned just a fraction of what “Sniper”…
Offshore corporate cash piles at risk from Obama tax plan
“I don’t think this is going to pass,” said Kelly Phillips Erb, a tax attorney in the Philadelphia area, who said the proposed tax rate of 19% is unrealistically high….
3 stocks we’re never selling
This unique competitive position combined with a focus on maintaining dividends is a recipe for long-term profits for investors and makes the stock worth holding forever. Related: Are We on…
Stocks plunge, but bonds are still red hot
And the dollar is on fire right now. Higher interest rates and strong currencies often go together like peanut butter and jelly. But it all comes down to safety. Investors…
Greece: We’re not looking for a fight over debt
Read more: Greek banks plunge as new government challenges bailout Campaign promises to end austerity don’t mean Greece would not meet its obligations to the ECB or IMF, Tsipras said…