FT: Fears grow over US stock market bubble – VIDEO
A growing number of investors believe that US stocks are overvalued, creating the risk of a significant bear market, according to research by Yale University market scholar Robert Shiller. The Nobel More...
Uber to Make $1 Billion Investment in China
– – Controversial ride sharing service Uber plans to invest as much as $1 billion to expand into the Chinese market in the next year, according to Financial Times. This comes as the company’s More...
EBay CEO Comes To Google’s Defense in EU Anti-Trust Case
Google has gotten the support of an unlikely ally in its defense against anti-trust charges by the European Union: EBay. That company’s chief executive, John Donahoe, made comments to the Financial Times More...
When Life Gives You Lehman’s: Ernst & Young Fined $10 Million For Finessing Failed Bank’s Accounting
Ernst & Young will pay $10 million for its role in assisting failed bank Lehman Brothers in concealing its amount of debt and is financial problems, according to the Financial Times. The Lehman collapse More...
Airbnb Opens Shop in Cuba
Airbnb is opening shop in Cuba, and has seen a 70% spike in is U.S. based searches for Cuban properties since tensions between the two countries officially thawed in January. After 50 years as a no-go More...
Newhouse Family Will Have Largest Slice of Charter Communications
Advance Publications, which was purchased by Samuel Irving Newhouse in 1922, and is run by his sons, Si and Donald Newhouse, is continuing its tradition of diversified media. The owner of Conde Nast More...
With Irene Rosenfeld at Mondelez, Lemann’s 3G Brings Kraft and Heinz Together
Mothers who pack lunch for their kids may wonder whether cheese and ketchup really go together, but Heinz and Kraft just became a great combination, as 3G’s Jorge Paulo Lemann has had his More...
Glencore’s Glasenberg Says Oil Will ‘Blow Out the Lights’ in 2015
Glencore CEO Ivan Glasenberg made no bones about the fact that he thinks oil will recover in 2015. He told the Financial Times that the commodity will “blow out the lights” in 2015, after a year More...
Jon Stewart’s Retirement Spells Doom for Comedy Central and Viacom
Jon Stewart‘s departure from The Daily Show Is a blow to Viacom (NASDAQ:VIA), $415 million worth, to be precise, and it could mean that its elderly chairman, Sumner Redstone, 91, will have More...