Macy's To Close 40 Underperforming Stores To Focus on Ecommerce
Macy’s Inc plans to close 40 physical stores and focus on eCommerce operations. Macy's Inc recently announced its plans of closing 35 to 40 underperforming stores to focus its operation on online shopping.
Sep 10, 2015 1:49 AM EDT
Improving Credit Score in Four Simple Steps
Your credit score can be improved regardless of its present depressing level. Just do these four steps faithfully and you’ll soon be out of your financial misery.
Dead Money, Well-Known Stocks That Must Be Sold Now
Investor Place's editor Jeff Reeves suggests selling Wall-Mart, Chevron, Caterpillar, Proctor and Gamble, and Intel stocks.
Milennials Dive Into the Wild Stock Market, Investing Despite Volatility
More Millennials are fearlessly diving into the Wild Stock Market, buying more stocks despite volatility.
Latest News
IRS Rejects Yahoo's Tax-Free Alibaba Spin-off Request, Sending Stocks Down 4%
IRS rejects Yahoo’s plan for a tax-free Alibaba spin-off, which Yahoo hopes would have been a move to give back money to shareholders. Yahoo shares dropped 4% after the news.
Sep 09, 2015 10:59 AM EDT
Recent Study Shows Top 300 Pension Fund Assets Are Now Over $15 Trillion
Recent research conducted both by Pensions & Investments (P&I) and consultants Towers Watson has revealed that the combined assets of the top 300 pension funds has now reached $15 trillion.
Sep 09, 2015 10:52 AM EDT
Asian Currencies Increased as Global Stocks and Chinese Shares Rally Boosts Sentiment
Asian currencies increased due to sharp rebounds in the global equity markets and in Chinese shares Wednesday boosted risk sentiments.
Sep 09, 2015 10:51 AM EDT
Paddy Power, Betfair £5B merge deal expects to complete process by 2016
Two of the Britain's online betting site, Paddy Power and Betfair, confirms the merging deal worth £5B. It is expected to be completed next year, which will make them the largest online gambling company in the whole world.
Sep 09, 2015 9:59 AM EDT
500 Startups Slowly Conquering the World with Six New Investment Partners
500 Startups looks to find its new unicorn by hiring six new partners to play specific important roles all over the world.
Sep 09, 2015 9:55 AM EDT
Japan's Economy Reduces at a Minus 1.2 Percent Annual Rate in Q2
Japan’s economy contracted at a minus 1.2 percent annual rate, as seen in its second quarter report.
Sep 09, 2015 8:54 AM EDT
Merger of Four Major Insurance Companies May Harm Healthcare Industry
Doctors, Hospitals, and Healthcare groups fear that the Anthem-Cigna and Aetna-Humana mergers may bring harm to the healthcare industry.
Sep 09, 2015 8:39 AM EDT
One Third Of US Workers Say They're "Free Agents," Not Tied To Just One Boss
A total of 31% of US workers consider themselves free agents. They don’t want to work for the “Man” anymore and be tied up to just one boss.
Sep 09, 2015 6:48 AM EDT
Facebook Waits To Hit A Billion Users For Messenger Before Turning It Into A Meaningful Business
Mark Zuckerberg said they will wait for Messenger to have a billion users and create organic interactions before monetizing it for more income.
Sep 09, 2015 6:41 AM EDT
Will Lenovo, HP and Dell consolidate in the PC market in the coming years?
Michael Dell said it in a press briefing in Bengaluru, India, that he sees three top PC makers will consolidate in the desktop market in five years. These are Lenovo, HP and Dell.
Sep 09, 2015 6:25 AM EDT
Disruptive technology destabilizes the economy as we enter the venture capital revolution
Analysts say that as we enter the venture capital revolution, majority of capitalist venture on disruptive technology. Thus, it creates imbalance in our economy, neglecting other areas that need to be developed like health, food and education.
Sep 09, 2015 6:18 AM EDT
Zomato restaurant discovery acquired $60M funds; Introduces Whitelabel platform
Zomato, the app and the website that provides detailed information to 1.4 million restaurants around the world acquires $60M fresh round funding. The company will use it to develop new services and to improve its Whitelabel platform.
Sep 09, 2015 6:18 AM EDT