The most important investing rule
Investors would be best left to focus on the basics, and stick to what they can possibly know. It’s knowable that Warren Buffett’s company, Berkshire Hathawa (BRKA)gets special access to…
Tag: rights
Make it a Double Shack. Shake Shack up 135%!
“#Gratitude. Team, Guests, Community, Suppliers, and Investors. In that order. Thank you all,” he wrote. Shake Shack, which started in 2001 as a hot dog cart in New York’s Madison…
Seahawks v. Patriots: How do the fans measure up?
Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved.
Chevron slashes spending as oil prices crash
Related: Oil giant Shell cuts spending by $15 billion Still, the results were better than expected as strength in Chevron’s refining business helped offset lower oil prices. Investors weren’t sure…
US economy misses its mark at end of 2014
Economists predict the U.S. economy will grow faster in 2015, but the new year has already brought its challenges. Some are starting to warn that the hiccups could turn into…
Is this tech firm the Super Bowl’s next GoDaddy?
Related: Victoria’s Secret supermodels in Super Bowl gear Wix is hoping to take a play from Apple’s book — and make a name for its brand with the 100 million…
Legal lifeline thrown to Australians on Indonesian death row
Successive appeals have failed to have their sentences commuted, and both are on a list of inmates scheduled to die by firing squad. Application accepted On Friday, their Indonesian lawyer…
Who actually benefits from Obama’s ‘Middle Class Economics’
A different picture emerges when one looks at just the individual income tax provisions. These include a credit for working couples and expanding the child care tax credit. That’s why…
January was a terrible month for stocks
The one exception was 2008, but that was the year of the financial crisis. “In an effort to note something positive we can say that while the index is down…
Former KKK Leader David Duke Says He May Run Against Steve Scalise
Former Klu Klux Klan leader David Duke said Wednesday that he was considering running against Rep. Steve Scalise (R-La.) as the congressman tries to distance himself from an appearance he…
Is $4.5 million for a Super Bowl ad worth it?
Related: Check out a preview of some of this year’s Super Bowl ads Oreo actually had a Super Bowl ad that ran on TV that year. But good luck trying…
Will the Super Bowl get record ratings?
Prediction: 115.5 million “One of the few givens of a Super Bowl broadcast is that the game will set a new broadcast record. This year’s game features the two best…
Uber sued in U.S. over alleged India rape
The lawsuit seeks unspecified damages on behalf of the plaintiff, and the addition of safety measures including tamper-proof cameras and GPS tracking systems in Uber cars. The victim, who remains…
U.S. cracks down on shady ‘0%’ loan companies
“This type of loan is risky for consumers because if they fail to pay, they could lose their caran asset many of them can’t live without,” said Jessica Rich, director…
Guantanamo detainee’s diary is a New York Times best seller
Despite his role as editor, Siems has never had any face-to-face interactions with Slahi. Journalists have been repeatedly denied in their attempts to speak with Guantanamo detainees since the facility…
Greece: Putin’s new ally in Europe?
The two countries have established trade ties. Almost 13% of Greek imports came from Russia in 2013, according to the IMF. Greece’s share of Russian imports is much less significant….
Ford promises bounce back year
Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved.
Chris Messina: Why I choose non-monogamy
Personally, I’m in a monogamish relationship. We’re committed to each other, but have a porous boundary around our relationship, meaning we’ve agreed that it’s OK for either of us to…
Shake Shack set to shake up Wall Street
Expanding … but not too quickly. The company currently operates just 63 restaurants worldwidebut 16 of them are in the metropolitan New York City area. And Shake Shack has already…
The Bible proves to be a big seller for Newsweek
He said the number of copies sold compared with the number of copies distributed on the news stand has been an “astounding” 40% thus far. That’s “more than double the…
Amazon stock soars after earnings beat
Amazon is no stranger to red ink. It routinely posts quarterly losses or declining profits despite generating billions of dollars in sales. The company’s strategy is to make long-term investments…
Only 1% black CEOs at 500 biggest companies
Corporate America’s diversity problems are well-documented. Silicon Valley has been roundly criticized for being mainly white and male, and data show Wall Street hires mostly white and male bankers. Corporate…
Effort To Separate Robert E. Lee, Martin Luther King Days Fails In Arkansas
By Steve Barnes LITTLE ROCK, Ark., Jan 28 (Reuters) – A bid to end Arkansas’ practice of honoring civil rights leader Martin Luther King Jr. and Confederate General Robert E….
Oil crash: ‘Drill, baby, drill’ loses momentum
“Whenever prices crashand this is a once-in-a-generation crashyou’ll see the rig counts drop,” said Tom Kloza, chief oil analyst at the Oil Price Information Service. To be clear, U.S. oil…
Tim Cook’s Apple is hot. But can it keep going?
Too much iPhone reliance. Apple is hugely reliant on the iPhonethe iPhone accounts for 69% of Apple’s revenue. That’s a potential problem, because smartphone sales are slowing in most of…
Moral Monday Returns With Public Opinion, If Not The North Carolina Legislature, On Its Side
WASHINGTON — More than 100 faith leaders and protesters affiliated with the Moral Monday movement staged a protest at the North Carolina legislature Wednesday, continuing for a third straight year…
Mormon Church’s New LGBT Stance Draws Mixed Response From Gay Mormons
Peter Harrison was rushing to class Tuesday morning when he noticed a flurry of activity on his Facebook feed. Senior leaders of The Church of Jesus Christ of Latter-day Saints…
South Carolina Court Clears ‘Friendship Nine’ Of Civil Rights Crimes 54 Years Later
Jan 28 (Reuters) – A South Carolina judge on Wednesday vacated the 54-year-old trespassing convictions of a group of black civil rights protesters credited with reinvigorating the 1960s U.S. sit-in…
LA police chief claims Google’s traffic app endangers cops
CNNMoney asked the LAPD chief why the location of uniformed officers and marked police vehicles should remain secret, but he hasn’t yet responded. At the heart of the issue, though,…
Wall Street bears warn: We’re on verge of crisis
Related: One dollar could soon equal one euro Consider that Microsoft (MSFT, Tech30) reported solid earnings Tuesday, but its shares dropped as much as 10% because it’s forecasting weaker sales…