Finance

Sears sinks as key investor Berkowitz plans to leave board

Sears sinks as key investor Berkowitz plans to leave board

Bruce Berkowitz, the largest outside shareholder at Sears Holdings Corp., is leaving the retailer’s board, a move that sent the stock tumbling on Monday....
Ford teases fastest ever Mustang GT coming for 2018

Ford teases fastest ever Mustang GT coming for 2018

New 10-speed transmission and Michelin summer tires help 2018 Mustang GT hit 60 mph in less than 4.0 seconds....
Markets Right Now: Stocks gain, extending a winning streak

Markets Right Now: Stocks gain, extending a winning streak

NEW YORK (AP) - The latest on developments in financial markets (All times local): 4 p.m. Stocks are closing higher on Wall Street, extending a record-setting run into a sixth...
Correction: Child Seat Recall story

Correction: Child Seat Recall story

DETROIT (AP) - In a story Oct. 12 about a Diono child seat recall, The Associated Press reported erroneously the production start date of the recalled models. Production of one...
Apple is putting the finishing touches on its $5 billion campus — including private basketball courts (AAPL)

Apple is putting the finishing touches on its $5 billion campus — including private basketball courts (AAPL)

Apple is putting the finishing touches on its new "spaceship" headquarters, a little over a month after the company invited journalists and guests to its on-campus theater for the...
Save money, stop fraud: 4 things to watch on your credit card statement

Save money, stop fraud: 4 things to watch on your credit card statement

What you don't know can cost you with credit cards. Here are the most important things to look for when reading your credit card statement....
Atlanta-based Southern Co. sells New Jersey units

Atlanta-based Southern Co. sells New Jersey units

Southern Co. has sold gas subsidiaries in Jersey for $1.7 billion...
10 ways to keep your spirits up during a job search

10 ways to keep your spirits up during a job search

Job hunting can be a tenuous, frustrating process....
Why paying with cash may not save you from credit card fees

Why paying with cash may not save you from credit card fees

You’ve been through the drill a million times: The cashier rings up your item and asks you the......
Why should policyholders use an insurer’s contractor — or face a $10,000 cap?

Why should policyholders use an insurer’s contractor — or face a $10,000 cap?

Florida’s lawmakers should enact legislation during next year’s session to ban caps for claims by policyholders who choose not to work with their insurer’s preferred contractor,...
Flood-proof Miami Beach condo tower secures financing

Flood-proof Miami Beach condo tower secures financing

JDS Development has secured $62.5 million in construction loans for its climate-change friendly project on West Avenue in Miami Beach....
Author, celebrity and entrepreneur Sandra Lee offers tips to build success

Author, celebrity and entrepreneur Sandra Lee offers tips to build success

Author and entrepreneur Sandra Lee offers tips on creating a small business. Tips include goal setting, learning from mistakes and asking for help....
Hundreds of apartments, former Phat Burrito site, Phillips Place up for rezoning Monday

Hundreds of apartments, former Phat Burrito site, Phillips Place up for rezoning Monday

Charlotte City Council is set to make decisions Monday night on a host of major projects that could reshape prominent sites across Charlotte....
Malloy releases 4th budget plan in hopes of sparking deal

Malloy releases 4th budget plan in hopes of sparking deal

Gov. Dannel P. Malloy receives tepid response for releasing his fourth budget plan in hopes of encouraging a deal among Connecticut lawmakers....
Listing how each top NCAA school is reacting to hoops probe

Listing how each top NCAA school is reacting to hoops probe

A list of how each top NCAA school is reacting to hoops probe....
Financials, tech companies lead US stocks slightly higher

Financials, tech companies lead US stocks slightly higher

U.S. stocks edged higher in morning trading Monday, adding to the market's five straight weeks of gains. Financial and technology stocks had some of the biggest gains. Energy...
Nadine Ajaka

Nadine Ajaka

The Atlantic covers news and analysis on politics, business, culture, technology, national, international and life on the official site of The Atlantic Magazine....
Financial and tech firms lead stocks slightly higher

Financial and tech firms lead stocks slightly higher

U.S. stocks edged higher in early trading Monday, adding to the market's five straight weeks of gains. Financial and technology stocks were had some of the biggest gains. Energy...
He was asked to fix a bankrupt airline. Instead, he changed the way we fly

He was asked to fix a bankrupt airline. Instead, he changed the way we fly

William Franke, the managing partner of Indigo Partners, helped save America West Airlines and launched the ultra-low-cost carrier in the U.S., a business model that has forced the...
Bel-Air house now related to actress Laura Breckenridge

Bel-Air house now related to actress Laura Breckenridge

The Traditional-style home, which sold for $2.001 million, comes with a swimming pool....
Actor William Moses sells his Ojai house to craft beer scene's Tony Yanow

Actor William Moses sells his Ojai house to craft beer scene's Tony Yanow

The custom Monterey Colonial changed hands for $1.995 million....
'Keeping Up With the Kardashians' home in Studio City returns with a price cut

'Keeping Up With the Kardashians' home in Studio City returns with a price cut

Still looking for a buyer, the estate once used to portray the exterior of the "Keeping Up With the Kardashians" is back on the market for $7.9 million....
Jackie Autry horse ranch in Anza is ready for fresh riders

Jackie Autry horse ranch in Anza is ready for fresh riders

The former Angels owner has listed the 88.5-acre farm, called the Gene Autry Ranch for her late husband, at $1.475 million....
Halloween retailer pulls Anne Frank costume amid complaints

Halloween retailer pulls Anne Frank costume amid complaints

An online retailer has pulled a costume from its website that depicted Holocaust victim Anne Frank....
RBC CEO Dave McKay says battleground for financial institutions is data

RBC CEO Dave McKay says battleground for financial institutions is data

Royal Bank of Canada's chief executive says data is the battleground for banks that will determine the future success of financial institutions....
10-year-old Canadian tax expert to address UN conference

10-year-old Canadian tax expert to address UN conference

A 10-year-old Canadian girl will be addressing a conference at the United Nations today about corporate tax havens....
Lufthansa offers to take over bankrupt Alitalia

Lufthansa offers to take over bankrupt Alitalia

German carrier Lufthansa on Monday said it had prepared an offer to buy the global, European and domestic business of Italy's bankrupt carrier Alitalia....
Calgary sees first downtown office vacancy dip since start of downturn

Calgary sees first downtown office vacancy dip since start of downturn

CBRE says Calgary's downtown office space got a little less empty in the last quarter for the first time since the sector was gutted by the oilpatch downturn....
School bus driver fired after 7-year-old student struck

School bus driver fired after 7-year-old student struck

The driver of a school bus that rolled over a seven-year-old student in Abbotsford, B.C. has been fired, but the boy’s family is still calling for answers while he remains in...
Lufthansa makes offer to buy bankrupt Alitalia

Lufthansa makes offer to buy bankrupt Alitalia

German carrier Lufthansa on Monday said it had prepared an offer to buy the global, European and domestic business of Italy's bankrupt carrier Alitalia....
Weinstein Co. turns to Colony Capital for cash in wake of scandal

Weinstein Co. turns to Colony Capital for cash in wake of scandal

Film production company the Weinstein Co. is in talks about selling itself after co-founder Harvey Weinstein became mired in a scandal over allegations of sexual harassment and...
Ottawa to cut small business tax rate to 9% by 2019

Ottawa to cut small business tax rate to 9% by 2019

The Trudeau government plans to cut the small business tax rate from 10.5 per cent to nine per cent by 2019, and presented details at a national caucus meeting on Monday morning....
After listening to 25,000 pitches, Richard Branson has a simple tip for entrepreneurs

After listening to 25,000 pitches, Richard Branson has a simple tip for entrepreneurs

If you want to grab your listener's attention, distill the essence of your idea into a brief message....
When Shark Tank investor Kevin O'Leary was asked how to find time for life and work, he answered: 'Which is easier to replace — your business or your fiancee?'

When Shark Tank investor Kevin O'Leary was asked how to find time for life and work, he answered: 'Which is easier to replace — your business or your fiancee?'

The entrepreneurial life is hard on your personal life, and who you choose as your romantic partner can have a huge impact on your success....
A celebrity chef who owns 26 restaurants explains why he loves when employees shoot down his ideas

A celebrity chef who owns 26 restaurants explains why he loves when employees shoot down his ideas

José Andrés says he wants his staff to push back when he throws out an 'absurd' idea. Other successful people use the same strategy with their teams....
Bets on a 'dangerous' trade that reminds experts of the 1987 market crash just broke a record

Bets on a 'dangerous' trade that reminds experts of the 1987 market crash just broke a record

Short bets on the VIX have reached a new high as hedge funds continue trying to profit from a motionless stock market, even as experts warn of the many......
TRUMP: 'There's no such thing as Obamacare anymore'

TRUMP: 'There's no such thing as Obamacare anymore'

Trump said that after the changes he's made to healthcare, Obamacare no longer exists. "Obamacare is finished, it's dead, it's gone," said the president....
Premier League team Newcastle United says it's up for sale following interest from Middle Eastern financier Amanda Staveley

Premier League team Newcastle United says it's up for sale following interest from Middle Eastern financier Amanda Staveley

The news follows reports of Middle Eastern financier Amanda Staveley holding meetings in the Newcastle United boardroom regarding a potential purchase....
Distributed ledger technology consortiumR3 ups its compliance game

Distributed ledger technology consortiumR3 ups its compliance game

Accuity says the feature is ready to use, but will likely only become accessible in 2018 when its licensing terms are finalized....
Trump wants the tax reform plan passed by the end of the year, but that's a 'farcical fantasy'

Trump wants the tax reform plan passed by the end of the year, but that's a 'farcical fantasy'

Trump wants to get the tax plan passed through Congress by the end of 2017, but most analysts don't think that's going to happen....