Oil at $55 per barrel is here to stay
The Paris-based IEA, which monitors energy market trends for the world’s richest nations, said the impact of lower prices would vary across producing countries. – Most stock quote data provided…
Tag: mercantile
With Brian Williams absent, Lester Holt looks to steady ‘NBC Nightly News’
Effron, who is now a media consultant and adjunct journalism professor at William Paterson University, said that Holt never begrudgingly took an assignment while at MSNBC. This week is, in…
Premarkets: Five things to know before the open
Related: What markets need now? American spending – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by…
Joan Rivers’ lavish penthouse listed for sale for $28 million
The palatial property also includes a more intimate wood-paneled library and dining room, four bedrooms, 4.5 baths, two kitchens and five fireplaces. Its two terraces look out on Central Park…
Despite efforts, Latino enrollment in Obamacare lags
Nearly a third of the ACA’s media budget this year is focused on Hispanic media, tripling the 10% spent on reaching Latinos last year, according to Health Secretary Sylvia M….
Buying a home is easier if you’re white
The hurdles that black and Hispanic borrowers face in obtaining a mortgage means fewer people in those communities own their homes. More than 70% of white people own their home,…
Odds of winning the Powerball jackpot: One in 175,000,000
It’s far more likely that you’ll crushed by an asteroid that falls out of the sky (one in 700,000) – Most stock quote data provided by BATS. Market indices are…
In Boulder, fear of a bigger Google
With the expansion, Google (GOOG) will become one of Boulder’s top ten employers, along with the University of Colorado and IBM (IBM, Tech30). Councilman Sam Weaver told CNNMoney he welcomes…
Oil worker union strike grows larger
Shell (RDSA), which is taking a lead role for the companies in the labor talks, said it is “committed to providing competitive pay and benefits to our employees.” – Most…
HSBC helped conceal $100 billion in Swiss accounts
Related: Offshore corporate cash piles at risk from Obama tax plan – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA,…
BuzzFeed editor to interview President Obama
Related: BuzzFeed raises another $50 million – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two…
Why Chinese moms want American babies
Related: Chinese courts are selling seized assets on Alibaba’s Taobao For He, who gave birth last year, a U.S. passport for her baby means access to better education opportunities. Foreign…
Russia: How long until the economy cracks?
Russia needs reserves for imports, but also to service $600 billion worth of foreign debtmost of it held by Russian companies and banks. Depending on who you ask, the crunch…
NBC’s bid for the truth on Brian Williams led by veteran ‘digger’
Esposito is the senior executive producer of NBC’s investigative unit. He normally tries to break news about subjects like government wrongdoing. He strives to get his stories on Williams’ “NBC…
Brian Williams’ reporting on Katrina: What we know
In a 2006 interview with former Disney CEO Michael Eisner, Williams described the horrifying scene in post-Katrina New Orleans. “When you look out of your hotel room window in the…
Where zombie foreclosures are still hurting housing markets
“These are the sore thumbs in any neighborhood,” said Daren Blomquist, vice president at RealtyTrac. “The very visible signs of distress are there with these properties.” But an increase in…
Russia’s Kalashnikov makes first profit in seven years
The Russian military and other Russian law enforcement agencies are among Kalashnikov’s most important customers, and they’re spending heavily on new weapons. – Most stock quote data provided by BATS….
Staples and RadioShack deliver big hit to jobs
Related: RadioShack employees – Tales from the walking dead – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is…
Amy Pascal out as Sony Pictures co-chair
Pascal has been one of the most powerful female studio executives in the film business. She helped turn Sony Pictures into a major brand in Hollywood. – Most stock quote…
People hate the new Keurig … and its stock
Related: This $3,300 refrigerator has a Keurig built in Keurig also announced plans last year to start selling a machine that will make cold beverages, similar to what SodaStream (SODA)…
Bitcoin fallacy led to Silk Road founder’s conviction
It seems anonymous at firstbut only if you keep your wallet address secret. If that’s connected to your name, the whole world knows every transaction you’ve ever made. That’s why…
IRS rehired problem employees, report finds
TIGTA found that the IRS followed the federal government’s “suitability standards” for considering a job applicants’ past offenses and concluded that nothing “would prohibit the IRS from hiring these individuals.”…
Where the jobs are and aren’t under Obama
Health care clinics, which have been multiplying in many locales, are expected to continue growing, Hempstead said. People are “finding them to be more convenient and they are delivering better…
War reporters don’t buy Brian Williams’ explanation
Carlotta Gall, the North Africa correspondent for the New York Times who’s previously covered wars in Afghanistan and Kosovo, echoes that sentiment. “You don’t make a mistake on that,” Gall…
Greek banks hit as Europe stands firm over bailout
Stocks in Athens fell by 6% in early trading, and the country’s banks were even harder hit. Piraeus Bank (BPIRF) plunged by 16% and the National Bank of Greece (NBG)…
Mobile merger: U.K.’s $19 billion telecoms deal
Britain’s mobile sector is dominated by EE, Vodafone (VOD) and O2, which BT spun off in 2001 to help pay down debt. – Most stock quote data provided by BATS….
Brands that are hurting: Kors, Ralph Lauren, Calvin Klein
It’s likely to be a similar issue for Calvin Klein and Tommy Hilfinger. Both have about half their business overseas now notes Bridget Weishaar, an equity analyst at Morningstar. “Foreign…
Very weird: Corporate bond rates go negative
Related: European stocks love QE Racing below zero: So what’s sparking this latest fad in finance? Central bankers around the world are experimenting with new recipes aimed at jump starting…
Brian Williams the latest in a string of NBC blunders
October 9, 2014: Dr. Nancy Snyderman: Who could forget NBC’s chief medical editorwho violated her voluntary quarantine last year after returning from Ebola-stricken West Africa? – Most stock quote data…
Toyota to pay $11.4 million in fatal Camry crash
Lee and his family were not harmed in the accident. In 2008, Lee was sentenced to eight years in prison for criminally negligent homicide. – Most stock quote data provided…