Video – Business
Donald Sterling just LOST his bid to block the sale of the Los Angeles Clippers. A judge just gave his tentative ruling — that Shelly Sterling was authorized to cut the $2 billion deal with ex-Microsoft CEO Steve Ballmer for the sale of the team. The judge said, “Shelly clearly had the authority to transfer […]
Cynk Technologies, which was briefly worth billions of dollars last month, saw its shares fall below $1 on Monday, and traders say it is only a matter of time before the stock is once again worth next-to-nothing. “Cynk Shares Fall Below $1; Traders See Further Decline” is categorized as “business”. This video was licensed from […]
Fleet, a startup founded by a couple Stanford students, is the most recent attempt to jump on the increased demand for late night transportation in the Bay Area. They’re offering group rides between 11 p.m. and 5 a.m when trains are scarce or when the system is closed. They have shuttles stopping at about a […]
Vinod Khosla will once again take the Disrupt SF stage. The last time he was at Disrupt, Khosla dropped a bomb by saying that 70-80 percent of VCs actually add ‘negative value’ to their invested companies — and only 5 percent, or less, added anything at all. Khosla is the founder of Khosla Ventures, a […]
The government is proposing a $12 million civil fine against Southwest Airlines for failing to comply in three separate cases with safety regulations related to repairs on Boeing 737 jetliners. The Federal Aviation Administration said Monday that beginning in 2006 Southwest made “extreme makeover” alterations to eliminate potential cracking of the aluminum skin on 44 […]
July 28 (Bloomberg) — Alan C. Ace Greenberg, who as CEO of Bear Stearns, transformed a small bond shop into the fifth-largest U.S. securities firm before it collapsed in 2008 in one of the key events of the global credit crisis. Stephanie Ruhle and Tom Keene remember on Market Makers. (Source: Bloomberg) “Remembering Alan C. […]
Hugh Carnegy on first world war commemorations in France “Why La Grande Guerre matters to France” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Tough times for pharma stock Theravance, a boost for a mini-congolerate, and better news ahead for CIT. “Why LSB Industries Could Double” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Paul Vigna and Mark Cook discuss the possibility of a 20% pullback in markets, and Shayndi Raice looks at the popularity of corporate inversion deals in the United Kingdom. “Is a 20% Pullback in Markets in the Offing?” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the […]
U.S. and Canadian dealers on Monday began ordering 2015 Ford Motor Co F-150 pickup trucks, which the company said are lighter than earlier models, priced higher and include additional standard features. The launch of the new trucks with aluminum bodies is key for Ford as the F-150 pickups have been the best-selling vehicles in North […]
Contracts to buy previously-owned U.S. homes unexpectedly fell in June, casting a cloud over the housing market recovery. The National Association of Realtors said on Monday its Pending Home Sales Index, based on contracts signed last month, fell 1.1 percent to 102.7. The decline, which confounded economists’ expectations for a 0.5 percent gain, followed three […]
Neil Buckley, East Europe editor, explains why ruling is unique “Yukos case in 60 seconds” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Britain’s Lloyds Banking Group has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a government lending scheme. The settlement is the seventh joint penalty handed out by U.S. “Lloyds Banking Group To Pay $370 Million Libor Rate […]
U.S. businesses are buying foreign companies in countries with lower tax rates so they can switch their legal home and cut their tax bills. The process, known as inversion, has driven some of the biggest takeovers this year. Shayndi Raice joins MoneyBeat with Paul Vigna. Photo: Getty Images. “U.K. Is a Winner in Big Corporate […]
Airbnb has spent the last six years trying to get consumers comfortable with the idea of staying in someone else’s home when traveling. Now it’s trying to make headway in the enterprise, with a portal specifically designed for business travelers, as well as a partnership with Concur that will make it easier for them to […]