Business News
Talk to Sell Gun Maker Began After Shooting
Wall Street Journal - 19 Dec 2012 07:05
Cerberus Capital will try to sell the maker of the rifle used in last week's school massacre.
Judith Samuelson: Follow the Money: Is Your Mutual Fund Investing in Guns?
The Huffington Post - 20 Dec 2012 01:52Gen Y investors in the driver seat of ETF growth
Investment News - 20 Dec 2012 01:40
Quicker to jump on the ETF bandwagon than older counterparts.
Instagram Debunks 4 Myths About Its New Rules
The Huffington Post - 19 Dec 2012 02:12Banker Who Pulled Knife Fired
ABC News - 20 Dec 2012 01:59
William Bryan Jennings, the banker whose assault and hate-crime charges over a dispute with a New York cab driver were dropped, was fired by Morgan Stanley and is now reportedly trying to get deferred compensation from h...
Mitch Feierstein: A Song for the Holidays: On the First Day of Christmas, What Greedy Bankers and Politicians Gave to Me
The Huffington Post - 20 Dec 2012 01:53Daily Wrap: 12/19/2012
Forbes - 20 Dec 2012 01:50
After a weak open this morning, the markets remained in negative territory as investors continue to keep a close eye on the fiscal cliff negotiations.
Treasurys Rally; Auction Gets Strong Demand
Wall Street Journal - 20 Dec 2012 01:28
Treasurys bounced back as buyers returned to the market and bid up a seven-year note auction, looking to take advantage of the recent price drop.
THQ files for bankruptcy, Clearlake to bid for assets
Reuters - 20 Dec 2012 01:55
SAN FRANCISCO (Reuters) - Videogame maker THQ Inc said on Wednesday it filed for bankruptcy protection, and entered into an agreement with private investment firm Clearlake Capital Group for a potential sale of its asset...
5 Promising Photo Apps You Should Know
Forbes - 20 Dec 2012 01:22
We've all heard of Instagram – and its $1 billion price tag. You may also be familiar with Instagram’s predecessor, the retro-styled Hipstamatic, or Path, the former photo-sharing app that is now an everyth...
Hackathon Carves Better Future for Sustainable Meat
Forbes - 20 Dec 2012 01:19UBS Libor case uncovers tangled web of bank-broker relations
The Guardian - 20 Dec 2012 01:15
Regulators publish emails showing scale of rigging of Libor rates before and during the 2008 financial crisis The record £940m fine levied on Swiss bank UBS threatens to shift the focus of the worldwide Libor rigging ...
China Solar Shrs Soar; Gov Says It Supports Consolidation
Forbes - 20 Dec 2012 01:15General Mills Announces Earnings
Forbes - 20 Dec 2012 01:06
General Mills (GIS) announced that it earned $541.6 million, or 82 cents a share, up from $444.8 million, or 67 cents a share, in the same period last year. Excluding mark-to-market effects, the company earned 86 cents p...
Mind the (tax) gap
Investment News - 20 Dec 2012 01:04
Democratic chairman wants to move investment tax rates closer to individual levies.
Analysis: Spectre of capital flight slows China FX reform drive
Reuters - 20 Dec 2012 01:01
SHANGHAI (Reuters) - Long-time China watchers probably felt a sense of deja vu when HSBC's chief China economist, Qu Hongbin, predicted last month that the yuan would be convertible within five years.
Revenu & Customs offers deal on tax avoidance sheltering £3.5bn
The Guardian - 20 Dec 2012 00:57
Investors in film financing given chance to settle tax liability or risk disputes 'accelerated to litigation' Revenue & Customs is to write to some of Britain's wealthiest bankers, hedge fund managers and celebrities off...
Small Business Owners And Taxable Income -- Setting The Record Straight
Forbes - 20 Dec 2012 00:56Sprott Physical Platinum and Palladium Trust Announces IPO of 28,000,000 Trust Units
Forbes - 20 Dec 2012 00:55
Sprott Asset Management today announced that Sprott Physical Platinum and Palladium Trust, a trust created to invest and hold substantially all of its assets in physical platinum and palladium bullion and managed by Spro...
'Tis the Season for More Smartphone 'Patent War' Court Rulings
Forbes - 20 Dec 2012 00:54Why Bill Ackman Is Wrong on Herbalife
Forbes - 20 Dec 2012 00:53
Kudos to Bill Ackman for coming forward with his short position in Herbalife (HLF) shares.