Business News
Bond insurers are getting smoked following the freak out in Puerto Rico
Business Insider - 29 Jun 2015 19:22
Bond insurers MBIA and Assured Guaranty are under significant pressure thanks to their exposure to Puerto Rican debt. A bond insurer sells insurance to owners of bonds, which serves as protection in the event of default....
How to clear out a ton of space on your iPhone superfast
Business Insider - 29 Jun 2015 18:49
If you're running out of space on your iPhone, here's a guide that shows you how to clear out as much storage as possible. Produced by Monica Manalo Follow BI Video: On Facebook Join the conversation about this story »
Molycorp Creditor Oaktree Scores With Savvy Move
Wall Street Journal - 29 Jun 2015 02:24
Molycorp Inc.'s bankruptcy is poised to leave credit-investing giant Oaktree Capital Group LLC unharmed while rival Apollo Global Management LLC and other junior creditors lick their wounds.
A bunch of billion-dollar 'unicorn' startups are just 'horses with sticks taped on their heads,' top New York investors say
Business Insider - 29 Jun 2015 19:13
On Monday, First Round Capital published a letter it sent to its limited partners about the state of startup investing. It was uncovered by Fortune's Dan Primack. According to New York's top startup investing firm, thing...
Will BMW Pay $800 Million To Fix Cause Of Sudden Engine Failure?
Forbes - 29 Jun 2015 18:35
In the last five years, BMW, the maker of "the ultimate driving machine," has recalled about 700,000 vehicles for technical problems with the potential to cause their engines to fail.
Greeks queue at ATMs as country's banks close for a week - video
The Guardian - 29 Jun 2015 06:00
Lines at Greek banks' ATMs grew long early on Monday after the government moved to check growing strains on its crippled financial system by closing its banks. The step brings the prospect of a eurozone exit into plain s...
4 Stocks Ready to Pop: Mead Johnson, Equifax, Helmerich & Payne, Polaris
The Street - 30 Jun 2015 01:54
NEW YORK ( TheStreet) -- Infant formula-maker Mead Johnson is one of four companies ready to pop, according to Christian Greiner, portfolio manager for the Azzad Ethical Fund. Greiner said Mead Johnson shares have sunk...
What If Activision Puts An End To Call Of Duty Franchise?
Forbes - 29 Jun 2015 21:52
At this stage, the success and contribution of the Call of Duty franchise becomes all the more important for Activision Blizzard. The company has recently announced the release of this year's edition of Call of Duty, wit...
Amazon. com, Inc. To Offer Microfinance Loans To Sellers On Marketplace
Bidness etc. - 29 Jun 2015 19:28
Reuters reports that Amazon.com, Inc. (NASDAQ:AMZN) is set to launch a new business loan program catering to small businesses in China as well as seven other countries; this is being done to help vendors in a market wher...
Video ad spending is on a tear -- here are the most important trends shaping the industry
Business Insider - 29 Jun 2015 19:21
Online video ads are one of the fastest-growing ad mediums, far outpacing growth in spending on television and other digital formats. Online video ad viewing exploded in 2013. Over 35 billion video ads were viewed in th...
Greece Is Keeping Chinese Stocks From Rebounding
Time - 29 Jun 2015 19:20
The global market sell-off came at a rough time for Chinese stocks
General Electric Company Officially Announces To Sell Off GE Capital Fleet Unit
Bidness etc. - 29 Jun 2015 19:19
Element Financial Corp has signed a deal with General Electric Company (NYSE:GE) to acquire its fleet management services in Mexico, New Zealand, the United States, and Mexico, as per a Reuters report. The deal is worth ...
13 interesting startups created by ex-Apple employees (AAPL)
Business Insider - 29 Jun 2015 19:08
If you need any more proof that Apple is full of insanely talented people, just consider some of the companies that its employees went on to start after leaving the company. Ex-Apple employees have launched companies tha...
How You Can Get a Great Deal on an Auto Lease, Even for Luxury
The Street - 29 Jun 2015 19:00
NEW YORK (TheStreet) -- With so many Americans battening down the budget hatches, getting a great deal on an auto lease right now has its attractions. Goodness knows, there are plenty of value deals out there. Swapalease...
America Needs Solutions For Paycheck-to-Paycheck Volatility
Forbes - 29 Jun 2015 18:55
This post was co-authored by Dalila Wilson-Scott
Greek Situation Critical, Kicks Off Street's Holiday Trading Week
Forbes - 29 Jun 2015 18:53
A nail-biter for Greece and China, major U.S. economic data, and end-of-quarter position squaring headline a holiday-abbreviated trading week. That’s a lot of news packed into four days of potentially dwindling trading...
The Supreme Court just took up a case that could end affirmative action
Business Insider - 29 Jun 2015 18:50
The Supreme Court will again consider a Texas student's challenge to the use of race in college admissions decisions, justices announced Monday. The case -- Fisher v. University of Texas -- centers around Abigail Fisher,...
Twitter Inc Works To Help Small Businesses Grow
Bidness etc. - 29 Jun 2015 18:28
According to a report published by Bloomberg on Friday, Twitter Inc (NYSE:TWTR) now allows start-ups to post a tweet about their stock or debt offering to measure interest among potential investors. The Securities and Ex...
U.S. Health Care Costs Rise Faster Than Inflation
Forbes - 29 Jun 2015 18:27
U.S. health care costs continue to rise, despite the advent of the Affordable Care Act. In this article, we'll look at the annual increase for health care and compare it to overall inflation.
Private Equity Can Make Firms More Innovative
Harvard Business Review - 29 Jun 2015 18:00
A new paper shows how leveraged buyouts lead to more patents.
Guthrie Grills Cruz On Difference Between Gay And Interracial Marriage
TPM - 29 Jun 2015 17:19
After Sen. Ted Cruz (R-TX) said he would support Texas county clerks' ability to deny marriage licenses to gay couples on religious grounds, "Today Show" co-host Savannah Guthrie pressed the presidential candidate on the...
British police seized a drone that was flying over the site of the Wimbledon tennis tournament
Business Insider - 29 Jun 2015 15:48
Police in London have seized a drone that was flying over the site of tennis tournament Wimbledon, Engadget reports. The Metropolitan Police says it saw a drone flying over the All England Lawn Tennis Club on Saturday m...