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Latest Posts

Ackman’s Valeant bet costs firm roughly $820 million on Wednesday

BOSTON (Reuters) – Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management has lost roughly $820 million on Wednesday as Valeant Pharmaceutical International’s share price tumbled. …read more Via:: Ackman’s Valeant bet costs firm roughly $820 million on Wednesday

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Goldman adding data scientists, marketers in consumer lending push

(Reuters) – Goldman Sachs Group Inc is looking to hire engineers, data scientists, operations staff, and customer service professionals as it builds up its online lending business, according to people contacted by the bank and online job postings. …read more Via:: Goldman adding data scientists, marketers in consumer lending push

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Valeant shares plunge on short-seller scrutiny of pharmacy ties

NEW YORK (Reuters) – Shares of Valeant Pharmaceuticals International Inc plunged as much as 30 percent after an influential short-seller accused the company of fraud, saying it used its relationship with specialty pharmacies to inflate revenue. …read more Via:: Valeant shares plunge on short-seller scrutiny of pharmacy ties

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Ex-JPMorgan traders, citing arrest risk, avoid SEC deposition in N.Y

NEW YORK (Reuters) – Two former JPMorgan Chase & Co traders living abroad who face U.S. charges over the bank’s $6.2 billion “London Whale” scandal won a bid on Wednesday to avoid sitting for a deposition in New York, where their lawyers say their arrest is likely. …read more Via:: Ex-JPMorgan traders, citing arrest risk, […]

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Uber’s head of expansion to leave company

In a corporate shake-up happening at Uber, the taxi company is losing one of its key executives, Niall Wass, FT reports. …read more Via:: Uber’s head of expansion to leave company

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James on Lachlan Murdoch: ‘I don’t think we bicker’

Read full story for latest details. …read more Via:: James on Lachlan Murdoch: ‘I don’t think we bicker’

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Microsoft’s new Surface Book reinvents the laptop

Laptops are thinner, faster and more powerful than ever before. But in many ways, laptops haven’t really changed all that much over the past few decades. …read more Via:: Microsoft’s new Surface Book reinvents the laptop

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Early signs of a debt ceiling freakout in this market

Most of Wall Street remains unfazed by the looming debt ceiling deadline. But one corner of the financial market is getting jittery. …read more Via:: Early signs of a debt ceiling freakout in this market

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THIS is key to Microsoft’s earnings success

Wall Street will keep a close eye on one segment of Microsoft’s business when it reports earnings. …read more Via:: THIS is key to Microsoft’s earnings success

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A simple retirement investing strategy that actually works

I contribute 15% of pay to my 401(k) plan, but I don’t really know much about investing. So I just picked the funds that looked the best to me. Any suggestions for how I can do a better job investing for retirement? –M.A., Mississippi …read more Via:: A simple retirement investing strategy that actually works

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