Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
After pausing briefly late last week, the bulls resumed a long-standing rally early Tuesday, carrying stocks deeper into new record-high territory. After the closing bell rang, the S&P 500 was at 2,365.38, up 0.60% and above a minor ceiling at 2,353 that had developed last week.
It could have been worse though — you could have owned Trevena Inc (NASDAQ:TRVN), Unilever plc (ADR)....More>>>
The days shopping tax-free with Amazon are coming to an end.
On Saturday Amazon (AMZN, Tech30) will start collecting sales taxes on purchases in the last four states where it wasn’t doing so: Hawaii, Idaho, Maine and New Mexico. Four other states — Delaware, Montana, New Hampshire and Oregon — have no sales tax, while a fifth, Alaska, doesn’t have a statewide tax,....More>>>
BMO Capital Markets analysts Kenneth Zaslow and Patrick Chen took a look at the valuations of Tyson Foods (TSN) and Pilgrim’s Pride (PPC) and decided they were afraid of heights. They explain why they cut Tyson Foods to Market Perform from Outperform…
Scott Sinklier/AgStock Images/Corbis
We are downgradingTyson shares to Market Perform. Our overarching view onTyson....More>>>
Three of the major banks are reporting their fourth-quarter financial results before the markets open on Friday. In general, financial stocks have made solid gains through the end of 2016, with a tremendous tailwind from the Trump rally. Considering a recent rate hike from the Federal Reserve, with potentially more to come, this sector could just be getting started. But for now we can see if this....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins