New U.S. oil export accord receives mixed opinions
What seemed impossible just a few months back now only seems improbable. As Republican presidential candidate Ben Carson criticized the nation’s “archaic rules for energy…
Business
Wall Street ticks upward on a mixed day for energy stocks
It was a breakthrough after a long, indecisive day when stocks started flooding in at the last minute of trade on Monday, and quite a…
Fed keep investors anxious on global stocks rise
Stocks went up in Asia and Europe on Tuesday, though volatile prices of oil put investors watchful before a generally anticipated enhancement in U.S. interest…
Ray of hope from Paris, big business seeks CO2 emissions price
For the most part, large businesses wanted one thing from the climate agreement in Paris on Saturday: compensation on carbon dioxide (CO2) emissions. While outwardly…
November retail sales show signs of strength
Holiday shoppers are off to a solid but unspectacular start as retail sales registered a modest gain in November. The Commerce Department stated Friday that…
Maximize your end of the year financial situation
The year’s end brings about a chance to square things away, wrapping up the year in as nice and neat a bow as possible. It’s…
Oil may be the biggest risk for 2016
Oil may be the biggest risk for 2016 The major financial risk in 2016 may be the one that’s been in discussion all year round….
Oil prices slump amid OPEC’s decision to maintain record high production levels
Amid the Organization of Petroleum Exporting Countries announcement to continue production close to record high level, and in spite of depressed oil prices, prices on…
Volkswagen’s sales plummet amid continued emissions scandal backlash
On Tuesday, Volkswagen of America posted its November sales figures. It reported a reduction of 24.7 percent in overall sales, as compared to its November…
Cisco Bags Acano
At Cisco’s 2014 Collaboration Summit, Collaboration Technology Group’s (CTG), General Manager Rowan Trollope was asked what it would look like for him and the group…
Microsoft and Volvo Announce Partnership to Implement HoloLens Virtual Reality into Car-Buying Process
This past Friday, Volvo and Microsoft announced a partnership that will incorporate the Redmond HoloLens. This is a headset that allows for augmented reality, which…
900 Jobs Cut Through Next-Year Closing of Tyson Foods Plants in Jefferson and Chicago
Just this week, Tyson Foods announced that its plants in Jefferson and Chicago will be ceasing operations next year. Several factors have influenced management to…
US Senator Harry Reid is under Investigation, Says Utah Prosecutor
US Sen. Harry Reid of Nevada is being investigated regarding a pay-to-play plan that involve two past attorney generals of Utah, said a county prosecutor…
Best Buy Focuses on Growth, Bets on Appliances
The market of electronic appliances has grown drastically in the last few years, and Best Buy Co., Inc. is using it to turn things around….
Global Stocks Reverse After Paris Attacks
There seems to be no long-term effects on the economy after the attacks in Paris on Friday. The dollar rose and global equity markets gained….
Avenue Capital Shutting Down Avenue Investments, Its Original Hedge Fund
The distressed investing firm Avenue Capital Group has begun the process of shutting down its original hedge fund, Avenue Investments, by returning investors’ money. This…
Syngenta rejects ChemChina
Syngenta, the world’s largest agrichemicals company, rejected a $42 billion takeover offer from state-owned China National Chemical Corporation. ChemChina offered 449 Swiss francs per share,…
Richest deal in history between Ford and UAW
There has been a four-year tentative agreement made between UAW and the Ford Motor Company. The new proposed deal is to provide job security and…
Goldman Sachs Shuts Down BRIC Fund, Ends Years of Incurring Losses
The Goldman Sachs Group Inc. has ended years of incurring losses on its BRIC fund. The fund once invested heavily in Russia, India, Brazil, and…
Tis The Season
With the holiday season rapidly approaching, retailers think shoppers might be a bit jollier and giving this year. October brought the biggest increase in job…