Guggenheim’s Alan Schwartz Invests in Shipping Disruptor, Roadie
Roadie, the Uber of package delivery, is on the road with $10 million in Series A funding, as reported by Techcrunch. The app takes an idea from Uber and runs with it, and may disrupt UPS and other delivery More...
Amazon rolls out Kiva robots for holiday season onslaught
– Amazon.com Inc has installed more than 15, 000 robots across 10 U.S. warehouses, a move that promises to cut operating costs by one-fifth and get packages out the door more quickly in the run-up More...
Pain and Gain in the Oil Price Freefall
Cheap oil might sound like great news to some, a disaster to others, but whoever is happy or devastated should know one thing; it is unlikely to end soon. CNBC’s Dennis Gartman thinks oil prices have More...
Uber Raises Money to Race Ahead of the Competition
Uber announced it is raising more funds, to the tune of maybe up to $2 billion, as reported by Seeking Alpha. The company is likely to be valued up to $30 billion, and doesn’t seem to need More...
5 Boring Stock Picks from Phil Davidson
Phil Davidson of American Century likes boring but solid stocks, as reported by Seeking Alpha. He tends to prefer stocks that have solid balance sheets and are in industries that are stable but boring, because More...
Scuffles in Hong Kong, some barricades torn down, others fortified
/ By Yimou Lee and Diana Chan/ HONG KONG – Hundreds of people tore down protest barriers in the heart of Hong Kong’s business district on Monday, scuffling with pro-democracy demonstrators who More...
6 Stocks in the News: General Electric, UPS, FedEx, Carlyle Group, Cisco and Intel
General Electric (GE) wants to sell of its legendary home appliances unit to focus more on its industrial segment. It might have a buyer in Sweden’s Electrolux and Quirky, which along with a private More...