NEW YORK – Jurors are set to hear opening statements in the criminal trial of a Turkish bank executive, while questions are swirling about his onetime co-defendant, a wealthy Turkish-Iranian gold trader whose arrest caused a diplomatic stir. Continue Reading Below The trader, Reza Zarrab, had been headed to trial […]
FOX Business News
Starbucks releases another holiday cup. This time, it’s red.
NEW YORK – If this year’s Starbucks holiday cup wasn’t red enough, the chain is releasing another one this week that’s mostly that color. Continue Reading Below The new cup, in stores for a limited time, has a white heart in the middle and an illustration of two hands making […]
2 planes clip wings at New York’s JFK airport
NEW YORK – A plane has clipped wings with another plane while taxiing at New York’s John F. Kennedy International Airport. Continue Reading Below The Federal Aviation Administration says the right wing of EgyptAir Flight 986, a Boeing 777 headed to Cairo, touched the left wing of London-bound Virgin Atlantic […]
3 Top Retail Stocks to Buy Now
Investing in retail stocks has always been somewhat dangerous due to an abundance of competition in the sector. However, the rise of Amazon.com (NASDAQ: AMZN) has made retail an even more perilous place for long-term investors. Continue Reading Below For many storied retail giants like Macy’s (NYSE: M), comparable-store sales […]
Ambarella Faces Tough Competition
Ambarella (NASDAQ: AMBA) has staged a terrific turnaround since the beginning of September. Shares of the video processing chip specialist have risen almost 35% after a report of poor performance sent the stock down 22% in a day. Continue Reading Below That puts the stock up almost 8% so far […]
Denver coffee shop apologizes for gentrification ‘joke’
DENVER – A coffee shop targeted by protesters after a message about gentrification struck a nerve in a rapidly changing city remained closed Monday despite an apology and plans to reopen after the holiday weekend. Continue Reading Below Last week, Ink! Coffee displayed a sidewalk sign that said “Happily Gentrifying […]
Here’s How Amazon.com, Inc. Crushed It in 2017
Amazon.com (NASDAQ: AMZN) is having a banner year in 2017. At the end of November, share prices have skyrocketed 60% higher year to date. Here’s a quick recap of how Amazon pulled off this market-smashing performance, just in case you need a reminder. Continue Reading Below Steady as she goes A […]
The Latest: Tax hikes proposed if revenue falls short
WASHINGTON – The Latest on the Republican tax overhaul (all times local): Continue Reading Below 8:00 p.m. Senate Republicans are considering a trigger that would automatically increase taxes if their sweeping legislation fails to generate as much revenue as they expect. It’s an effort to mollify deficit hawks who worry […]
5 Key Takeaways From Kohl’s Earnings Call
After Kohl’s (NYSE: KSS) reported its third-quarter results, its leadership team shared some important information with investors during the subsequent conference call. Continue Reading Below Here are the highlights for shareholders. 1. Key brands are performing well [O]ur active business increased almost 20% for the quarter, an acceleration of the year-to-date […]
Will Tesla Do a Stock Split in 2018?
Stock splits might not do anything to affect the intrinsic value of a company, but many investors still look forward to seeing the companies in their portfolios split their shares. So far, electric vehicle pioneer Tesla (NASDAQ: TSLA) has never done a stock split, even though CEO Elon Musk has […]