Welcome to the future? A Wisconsin technology company is offering its employees microchip implants that can be used to scan into the building and purchase food at work. Whether or not to get a chip is up to the employee to decide. Three Square Market, a company that provides technology for break-room or micro markets, […]
Read moreFor generations, the Horowitz family has cheered on the revolution. Phil and Blanche were New York schoolteachers who belonged to the Communist Party, and dreamed of a socialist heaven on earth. Their son, David, went on his first march in 1948, at age 9. As a young man in the 1960s he helped create the […]
Read moreEuropean Commission preparations to retaliate against proposed new U.S. sanctions on Russia that could affect European firms are likely to face resistance within a bloc divided on how to deal with Moscow, diplomats, officials and experts say. A bill agreed by U.S. Senate and House leaders foresees fines for companies aiding Russia to build energy […]
Read more
Sporting goods retailer Hibbett Sports issued a profit warning Monday that sent its shares spiraling down more than 25 percent and delivered a blow to some of the company’s peers. Hibbett said it expects its comparable-store sales — a metric closely watched by Wall Street for retail stocks — to fall about 10 percent during […]
Read more
BMO Capital Markets upgraded Caterpillar Monday on expectations the company will benefit from a global recovery in construction and a management more focused on profits. “We believe that when an upturn arrives, buyers will still prefer its products,” analyst Joel Tiss said in a note. Caterpillar’s main brand is the maker of construction equipment such […]
Read moreJana Partners has made an investment in Pandora Media, according to a person familiar with the matter, seeing the stock as under-valued with an opportunity to grow its advertising revenue. The size of Jana’s stake is unclear. Jana Partners declined to comment. Bloomberg News was first to report Jana’s investment in the company. Source: Tech […]
Read moreU.S. home resales volumes fell more than expected in June as a dearth of properties pushedhouse prices to a record high. The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to a seasonally adjusted annual rate of 5.52 million units last month. May’s sales pace was unrevised at 5.62 million […]
Read moreU.S. home resales volumes fell more than expected in June as a dearth of properties pushedhouse prices to a record high. The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to a seasonally adjusted annual rate of 5.52 million units last month. May’s sales pace was unrevised at 5.62 million […]
Read moreGoldman Sachs says the market will decline the rest of the year, but there are still stocks and sectors that will post strong returns. The firm recommended technology and financial companies in a note to clients Friday. Strategist David Kostin’s year-end price target for the S&P 500 is 2,400, representing 3 percent downside from Friday’s […]
Read moreMoney is pouring into cryptocurrencies at a furious clip. You can call it a bubble, or the Wild West. Some say it’s reminiscent of dot-com stocks in 1999, or “tulip mania” from 400 years ago. There’s plenty of speculation, to be sure, and more risks than we can count. But for entrepreneurs and tech investors, […]
Read more