The European Commission is investigating the energy industry's price-setting mechanisms for oil and gas products after antitrust raids on BP, Shell and Statoil. Lex's Stuart Kirk and Vincent Boland discuss whether investors should be concerned.
UK MPs argue that Starbucks, Google, and Amazon 'immorally' minimize their tax obligations. Lex's Robert Armstrong and Oliver Ralph discuss how global companies may react.
UK MPs argue that Starbucks, Google, and Amazon 'immorally' minimize their tax obligations. Lex's Robert Armstrong and Oliver Ralph discuss how global companies may react
Follow The Daily Ticker on Facebook U.S. companies have in general reported better-than-expected profits for the third quarter. Yet some of the biggest U.S
Follow The Daily Ticker on Facebook! The U.S. economy expanded at a faster clip than previously estimated in the second quarter, the Commerce Department reported Tuesday.
Follow The Daily Ticker on Facebook! Many of those who work on Wall Street go through a process in which they gradually learn that what is perceived as "smart investing" is often unbelievably dumb. Specifically, they learn that many of the recommendations that Wall Street makes--and the transactions that Wall Street gets paid to facilitate--are not in their clients' best interests
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Follow The Daily Ticker on Facebook! There is more good news for the U.S.
Follow The Daily Ticker on Facebook! Apple ( AAPL ), riding high after a jury ruled that competitor Samsung had infringed on its intellectual property, filed papers Monday to ban U.S. sales of eight older Samsung smartphone product, including the Galaxy S 4G and the Droid Charge; Samsung's top-selling Galaxy S III was excluded in patent lawsuit. The news helped drive shares of Apple to another record high on Monday and the stock has gained more than 66 percent since January
Follow The Daily Ticker on Facebook! Former Pennsylvania Governor Ed Rendell has a message for the Republican and Democratic parties and their leaders this political season: Don't wuss out. The two-term Democratic governor — and a former Democratic National Party chairman — is also the author of the book, " A Nation of Wusses: How America's Leaders Lost the Guts to Make us Great." According to Rendell, politicians change positions too often, refuse to admit mistakes or credit their rivals and won't say "no" their base. Underlying these and other signs of "wussiness," says Rendell, is a lack of backbone
By Henry Blodget Facebook's stock ( FB ) has dropped by half since the IPO three months ago. And the stock price is now well below the level at which most employees have been granted stock in the past 18 months.