The Newsroom
Business intelligence, analysis, and the stories moving markets.
Business, Finance
20% of the biggest corporations pay 0% in taxes
Large US corporations are using tax loopholes and offshore practices to pay 0% tax rates. One-fifth (20%) of…
Business, Finance, Markets, Technology
Elon Musk wants to sell you a Tesla and solar panels in ‘5 minutes’
Tesla has made a bid worth about $3 billion to buy SolarCity. Tesla chief Elon Musk told reporters…
Business, Finance, Markets, Military & Defense
Smith & Wesson gun sales are up 22%
Smith & Wesson is breaking records as Americans continue to buy an increasing number of guns. The company…
Business, Economy, Finance
Americans donated a record $373.3 billion to charities in 2015
Americans donated an incredible $373 billion to charities in 2015. That money was collected from individuals, estates, foundations,…
Business, Finance
The world’s richest banker Joseph Safra has been charged with corruption
Brazilian prosecutors on Thursday charged Joseph Safra, the world’s richest banker, with a scheme aimed at paying bribes to…
Business
Life after Warren Buffett? UBS says Berkshire Hathaway is ready
Warren Buffett is synonymous with Berkshire Hathaway but there will eventually be the day when the 85-year-old investor…
Business, Markets, Technology
Pandora shares tank 10% as founder returns as CEO
Pandora founder Tim Westergren is taking over as the company’s CEO and investors are not happy with the…
Economy
Wealthy New Yorkers want their taxes to be raised
A group of wealthy New Yorkers are pushing Governor Andrew Cuomo to increase their tax rates. On Monday…
Business
Security giant ADT being purchased for $7 billion
Home security and alarm maker ADT started as a telegraph service in 1874 and morphed into the nation’s largest…
Business
HSBC is staying in London
Global banking giant HSBC has decided to keep its headquarters in London, England, after flirting with the idea of a…
Business
HSBC agrees to pay $470 million over alleged mortgage abuses
HSBC Holdings PLC has agreed to pay $470 million to settle federal and state allegations of abusive practices in…
Markets
$20 oil is on the horizon if US dollar remains strong
The strong US dollar and weak demand for oil in China could send the price per barrel to…
Business, Technology
Yahoo planning to cut 10% of its workforce
Yahoo Inc. is planning to cut 10% of its overall workforce and it could begin the process in…
Business, Media
Boston Globe reporters to personally deliver papers on Sunday
The person delivering your Sunday edition of the Boston Globe might very well be the person who wrote…
Business
LifeLock Agrees To Pay $100 Million Settlement
LifeLock has agreed to pay a record settlement over claims that it failed to keep its customers’ personal…