Stories about Money

Jan 28 2018

Starbucks lower after comparable sales disappoint

The bright spot in the quarter was China, where Starbucks stores posted 6% same-store sales growth and 30% revenue growth. It has underperformed by 4.22% the S&P500. Be...

Jan 28 2018

Some economic strengths revealed in U.S. quarterly GDP figure

Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2017 (table 1), according to the "advance" estimate released by ...

Jan 28 2018

Cryptocurrency change loses $400 million price of cash in large NEM hack

The Japanese exchange said it did not appear that hackers had stolen other digital currencies. "I would've thought that the whole crypto landscape would've been down ...

Jan 28 2018

Dow futures leap 115 points on Caterpillar earnings

The dollar index .DXY, which measures the greenback against a basket of six major currencies, was down 0.33 percent at 89.1 and on track for a weekly fall of 1.6 percent...

Jan 27 2018

December's new home sales rate down 9.3 percent from November

Instead of the 17.5 percent surge in new home sales initially reported for November, sales now appear to have increased at a more measured 10.4 percent pace that month. T...

Jan 27 2018

Crude Oil Rally Fizzles As Trump Talks Up Dollar

WTI also marked a December-2014 high the day before, at $66.66. Oil fell as the dollar rose. "The weakening of the USA dollar against a basket of global currencies ...

Jan 27 2018

CNN Is Closing Down Beme, YouTube Star Casey Neistat's Video Company

For the past year, Beme has operated independently out of a startup-like office in SoHo, several miles from CNN's Columbus Circle headquarters. Casey Neistat's B...

Jan 27 2018

Vanity Fair Gives Reese Witherspoon and Oprah Extra 'Leg' and Hand

Vanity Fair has removed James Franco from the cover of its annual Hollywood issue after numerous sexual misconduct allegations were made against The Disaster Arti...

Jan 26 2018

Comcast Corporation (CMCSA) Q4 Earnings Top Expectations Despite Lower TV Subscribers

Janus Henderson Group PLC increased its stake in Comcast by 1,581.1% during the second quarter. Comcast Corp . Cl A now has $200.93 billion valuation. Excluding this a...

Jan 26 2018

Bank recap fails to enthuse stocks

This tranche, which is part of the broader 2.11 trillion rupee bank recapitalization plan , will be funded by bonds with tenors of 10-15 years and will be issued once ...

Jan 26 2018

France's Macron hosts 140 world business leaders

Sign up today for a free 30 day free trial of unlimited digital access. French President Emmanuel Macron took a gentle swipe at Donald Trump's scepticism over clim...

Jan 26 2018

Schumer pulls back money to fund Trump's wall

The President said he wanted $25 billion for the wall and $5 billion for "other security measures", all put in a trust fund. The plan will propose border security mea...

Jan 25 2018

Burger King trolls Ajit Pai with net neutrality ad

Or, as one of the customers explains afterward, "The Whopper taught me about net neutrality". Customers are told about the social experiment after they receive their fo...

Jan 25 2018

Tariff on solar panels could lead to job cuts in Georgia

And most solar panels aren't on residential or commercial rooftops in Georgia. Bankrupt U.S. solar panel producer Suniva filed for relief past year under Section 201 of...

Jan 25 2018

Volcano Erupts Near Japanese Ski Resort

Town officials said they believe everybody has been accounted for. Rocks spewed out of the volcano, sending people running for cover as they prompted clouds of snow to ...

Jan 25 2018

Senate confirms Powell as next Federal Reserve chairman

Powell, 64, has never voted against the chair since joining the Fed in 2012 and sided with the dovish wing at the central bank during his November 28 Senate confirmation ...

Jan 25 2018

New York City sues eight opioids producers, distributors

That in turn placed a burden on the city for increased substance use treatment services, ambulatory services, emergency department services, inpatient hospital services, ...

Jan 24 2018

Trump Puts Tariff on Imported Solar Panels

The administration said this new move benefits American workers and businesses and makes good on President Donald Trump's "America First" promises of prioritizing...

Jan 24 2018

Tesla Model S plows into a fire truck while using Autopilot

NTSB spokesman Chris O'Neil said in a statement that the board has not opened an official investigation into the crash but has begun gathering information on what ha...

Jan 23 2018

Serial stowaway Marilyn Hartman flies to London, sent back and arrested

Well, one IL woman just managed to make it all the way from Chicago's O'Hare to London's Heathrow airport-and it was far from the first time she'd tried to pull off her...