Google Sued Over Claims for manipulating the market
May 2nd, 2014
Google Inc. (GOOG) was sued for allegedly abusing its market power by forcing handheld device makers that use its Android operating system to also provide the search engine company’s applications. Google’s requirements that manufacturers such as Samsung Electronics Co. ...
Tax Havens Put U.S. Filers on Hook for $1,259 Each, Report Says
April 16th, 2014
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report. “Tax haven abusers ...
Amazon.com To Acquire comiXology, A Digital Comics Company, As Retailer Seeks To Expand In Online Publishing
April 11th, 2014
Amazon.com (NASDAQ:AMZN) announced Thursday that it has reached an agreement to acquire comiXology, a seller of digital comics, for an undisclosed amount. New York-based comiXology offers graphic novels from more than 75 publishers as well as individual contributors. And, ...
Cyprus: A Mediterranean island slowly rebuilding after crisis
April 11th, 2014
Cyprus, the tiny Mediterranean island bailed out a year ago, remains “in difficulty…but not as bad as one would have expected,” its finance minister Harris Georgiades told CNN during an interview in the capital city Nicosia. The country, which ...
SEC Probes Threat From Cyber Attacks Against Wall Street
March 27th, 2014
The U.S. Securities and Exchange Commission is examining the exposure of stock exchanges, brokerages and other Wall Street firms to cyber-attacks that have been called a threat to financial stability. The SEC held a roundtable discussion of those risks ...
Billionaire Sought by U.S. Holds Key to Putin Gas Cash
March 24th, 2014
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. Ukrainian Dmitry Firtash, arrested in Vienna ...
Report: Leaked Snowden documents show NSA hacked Chinese telecom company
March 24th, 2014
Documents leaked by Edward Snowden and reported by the New York Times reveal efforts by U.S. intelligence agencies to monitor the Chinese telecommunications company Huawei. The Times reported the U.S. National Security Agency monitored communications of top Huawei executives ...
Starbucks Aims To Double Market Cap to $100 Billion And Take Over Tea
March 20th, 2014
The world’s biggest coffee chain, Starbucks Corporation (NASDAQ:SBUX), plans to double its market capitalization to $100 billion eventually and dominate the tea industry just as it has with coffee, the company said at its annual shareholder meeting on Wednesday. ...
‘Candy Crush’ Maker King Sets IPO Range at $21 to $24
March 12th, 2014
King Digital Entertainment Plc (KING), maker of the popular smartphone game “Candy Crush Saga,” will seek as much as $24 a share in its initial public offering, potentially raising about $533 million. King, whose owners include Apax Partners LLP ...
Options
March 6th, 2014
Options on stocks were first traded on an organized exchange in 1973. Since then there has been a dramatic growth in options markets. Options are now traded on many exchanges throughout the world. Huge volumes of options are also ...
