Alibaba is a better bet than Yahoo
Alibaba will report its fiscal third quarter earnings on Thursday morning. This is the second earnings report for Alibaba since its initial public offering in September. The stock rose more…
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Bond king: Oil won’t go back to $90 this year
Gundlach’s firm left its peers in the dust last year. DoubleLine’s flagship Total Return Bond fund (DBLTX) and its Core Fixed Income fund (DBLFX) both finished in the top 10%…
How many iPhones did Apple sell?
Making such gigantic inroads in China was once believed impossible. Apple’s brand did not hold the same cache as some Chinese smartphone makers, including Xiaomi, Lenovo and Huawei. And those…
Warning sign: Dow dives 380 points
The key benchmark for the tech sector will be Apple (AAPL, Tech30)’s earnings after the bell today. Wall Street expects a huge earnings beat. Anything less than that could be…
CNN and other media brands come to Snapchat
“We’re always seeking out new audiences and advertisers, and it’s more important than ever to tailor content to suit the platform,” Andrew Morse, senior vice president and general manager of…
Lousy Caterpillar earnings drag down market
The future isn’t looking bright: Oil isn’t the only problem for Caterpillar. The company is expecting a particularly big hit in its mining equipment sales business as prices of metals…
Did Fox and NBC get Bowe Bergdahl story wrong?
Bergdahl, a prisoner of the Taliban for five years, was released last summer in exchange for five Guantanamo Bay detainees. He indeed may be charged with desertion, and CNN’s Barbara…
Europe is on sale for American travelers
“Head for the Alps, either France or Austria to ski this winter,” jokes Sebastien Galy, senior currency strategist at Societe Generale. “It’s going to be significantly cheaper than the U.S….
Winklevoss twins: Bitcoin will explode beyond $1 trillion
Many skeptics remain convinced Bitcoin was a bubble that will soon die out. Jeffrey Gundlach, the new so-called “bond king,” recently said Bitcoin is “on its way to being relegated…
5 questions to ask a financial adviser before hiring one
Related: Can I afford to retire early? If, on the other hand you’re just looking for a few fund recommendations or want to get a ballpark estimate of how much…
Can Apple live up to the iHype?
Repeat success? Still, Wall Street wants Apple to do more than beat expectations, it wants the tech giant to crush them. Apple has beaten consensus earnings estimates for the past…
Obamacare sign ups hit 9.5 million
Related: Obamacare website reins in personal data sharing Subisides have proved once again to be a big draw to the exchanges. Some 87% of those picking plans through healthcare.gov are…
NFL’s domestic violence Super Bowl spot: ‘It’s up to us to listen’
The NFL has a deal to run spots during every game that’s broadcast, and it sometimes uses them to address public relations issues like serious player injuries. NoMore.org ran dozens…
IRS warns of shady tax preparers stealing refunds and identities
Don’t use someone who bases his fee on the size of your refund. And always have your refund sent directly to you or your bank account. Never have the IRS…
Google Fiber expands to four more cities
Related: The business of the #hashtag – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Blizzard 2015: There’s a run on toilet paper
Customers also seem concerned about keeping the lights on and staying warm. Duraflame log sales jumped up too, according to Putterman. Walmart (WMT) sold out of eggs Sunday night in…
IBM disputes report of 112,000 layoffs
IBM analysts are skeptical of the report too. “I don’t know if the report’s right or wrong, but I believe it’s very likely a gross exaggeration,” said Frank Gens, chief…
Blizzard of 2015: Winners and losers
–Hardware stores and gas stations: Nothing sells shovels like a snowstorm. There’s also a spike in interest for ice scrapers, sand, salt, snow blowers and gas to run them. This…
This money manager hates Carl Icahn
Related: Icahn is battling the workers’ union of the Taj Mahal casino But Scherrer said his firm first invested in eBay because it believed it is better off with PayPal….
Barbie-maker Mattel CEO out as sales falter
Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Hashtag #money. The business of the pound sign
Anyone can use the platform’s basic features for freebut businesses can pay for services like embedding a Tagboard page on their site or using more than one hashtags. The startup…
Syriza won, so what’s next for Greece?
3) Restructure debt: Here’s where the battle really begins. Greece’s new guard wants austerity measures such as tax hikes and government spending cuts to be revised. But the country’s international…
This Chinese brand is worth more than Alibaba
Related: Jack Ma: Alibaba is still a baby Millward Brown, owned by WPP (WPPGY), said that more competition can be expected between Tencent, Alibaba and Baidu (BIDU, Tech30) — China’s…
To avoid Sony’s fate, companies play war games
“What this is at its heart is a critical decision-making game,” said Craig Stronberg, a consultant at the firm who designed the game. Related: Obamacare site tells marketers you smoke…
How to skip the pre-blizzard frenzy in stores
The list of most requested items for New Yorkers include: Water Flashlights Snow boots and snow pants Pet food Candles Alcohol Prescriptions Mac chargers – Factset: FactSet Research Systems Inc….
Microsoft sales soar, thanks to its non-Windows products
–Xbox won the holiday season, beating the Sony (SNE) PlayStation 4. Microsoft sold 6.6 million Xbox Ones, which is more than it sold a year ago. But Xbox revenue was…
Ex-employee of Fox-owned station commits suicide outside 21st Century Fox HQ
Perea did not work at Fox News Channel. But he invoked the cable news channel’s name in online complaints. Perea had posted a long list of YouTube videos titled “American…
U.S. deficit to ‘hold steady’ until 2018, then start growing
Related: The global economy’s sink or swim moment – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Exclusive: Amazon’s script for making movies
He said Amazon would like to begin streaming its own original movies on Amazon Prime Instant Video later this year. But the release strategy will really ramp up next year,…
Apple Pay won’t add to Apple’s profit
Related: Apple Pay is a win for (smart) retailers Yet with Apple taking just 0.15% of every Apple transaction, all that love and goodwill isn’t going to add anything significant…