Jeff Springer

Jeff Springer

Jeff Spring is the Finance & Markets Editor at BusinessPundit.com. He's currently spending his days backpacking across Europe. While he may be living outside of the United States, he stays connected to American financial markets and M&A's more than is probably healthy for any single person. His love of a good book and a Bloomberg terminal can't be understated. He can be reached at JeffSpringer@BusinessPundit.com

  • Goldman Sachs

    Goldman Sachs is getting nervous about stocks

    Goldman Sachs is getting nervous about stocks. In a note to clients, equity strategist Chrisitan Mueller-Glissmann outlined the firm’s fears that include significant risk to the downside for the market. “There are generally more negative than positive 3-standard deviation moves for equities, indicating a negative ‘skew’ for equity returns,” said Mueller-Glissmann. “And recently the balance […]

  • George Soros

    George Soros is back and he’s making big bearish moves

    After his long hiatus, legendary Wall Street trader George Soros is back and he’s betting big against the world economy. Soros recently began a series of large bearish bets, selling off stocks and betting on gold, according to Gregory Zuckerman at The Wall Street Journal. Soros, who ranks second on the list of the most successful […]

  • Paul Marcarelli joins Sprint Wireless as spokesman

    Verizon’s ‘Can You Hear Me Now’ guy joins Sprint

    Remember the famous Verizon guy who would travel around asking “Can you hear me now?” His commercials are back, but this time for Sprint. Paul Marcarelli, the character known as “Test Man” in the Verizon commercials that ran between 2002 and 2011, has left the company to join the nation’s fourth largest but struggling network. […]

  • New York Apartment Rentals

    Apartment rental prices are falling but mostly for the rich

    Rent prices are slowing and even dropping but it’s mostly good news for the rich. Between April 2015 and April 2016, the pace of rent increases slowed in at least 90% of luxury ZIP codes in Atlanta, Los Angeles, New York, and San Francisco, according to data compiled by Zillow. In those same areas, rental prices […]

  • Trump University

    Former employees of Trump University say it’s a ‘total lie’

    The biggest critics of Trump University? It might just be former employees who helped guide the embattled program. In statements released this week as part of a federal class action lawsuit, former employees complained of unethical sales techniques, unqualified instructors, and widely unsatisfied students. “Far from providing a ‘complete real estate education,’ as advertised, Trump […]

  • Alibaba

    Softbank is selling $8 billion in Alibaba shares

    Alibaba’s largest shareholder is selling off nearly $8 billion of its stake in the company. Softbank invested in Alibaba back in 2000 when the company was still an unlisted startup. The company has since grown to a market cap of more than $200 billion. Softbank says it wants to cash in some of its 32% […]

  • Striking Verizon Worker

    Verizon’s striking workers have reached a tentative deal

    Verizon and its striking labor unions reached a tentative deal on Friday that could potentially end a nearly two-month long strike by nearly 36,000 workers. U.S. Labor Secretary Thomas Perez announced that Verizon and the unions have reached an “agreement in principle” on a four-year contract. He expects the company to have its workers back […]

  • Gawker Media for sale

    Gawker Media might be up for sale following Hulk Hogan’s $140 million verdict

    Gawker Media has hired an investment banker to explore its options following its $140 million invasion-of-privacy loss to Hulk Hogan. Among those options is a possible sale of the media company. Silicon Valley billionaire Peter Thiel told The New York Times that he has bankrolled lawyers to mount cases against Gawker. Gawker’s attorney believes they […]

  • Snapchat

    Snapchat’s valuation could soon pass $20 billion

    Snapchat could soon be valued north of $20 billion.  The company is believed to be seeking at least $200 million in new funding, according to a filing that was provided to VC Experts. The filing shows that the company authorized 7.5 million new shares on May 13. TechCrunch was first to report the new funding […]

  • American Airlines

    American Airlines is fed up with the TSA and taking matters into its own hands

    Three hour wait times are becoming all too common at the largest and most traveled airports in America and at least one company is taking matters into their own hands. American Airlines’ Chief Operating Officer Robert Isom said that executives from all the major US carriers met with the head of the TSA and the […]

  • 15 strange marijuana businesses that are thriving with legalized pot

    The cannabis industry has been booming ever since the legalization of recreational marijuana use began in 2012 with Colorado leading the way. Since then, many states have quickly followed the trend including: California, New York, Pennsylvania, Texas and many, many others. The growing acceptance of recreational marijuana has paved the way for new or existing […]