Cisco Systems, Inc. (CSCO), Alibaba Group Holding Ltd (BABA), Macy's Inc. (M) and News Corporation (NWS) will announce the companies' quarterly financial results on Wednesday.
Investors
Claren Road Investors want their money back; Prepares to pull out $2B from the hedge fund
Thinking that Claren Road Asset Management has come to the end of the road, Investors are ready to pull half of their money out of the company, which is another blow for the Carlyle Group LP's firm.
Inside the Billion Dollar Startup Club: Top 5 Fastest Unicorns in the World Today
Unicorns are defined as startup companies that are valued at $1 billion or more. It takes a lot to reach the unicorn level, yet some companies have done it faster than the rest.
World stocks mostly higher on steady Yuan, Greece expected bailout
Most of the world stock markets were higher last Monday due to the steady Yuan and the expected bailout of Greece.
Baby Boomers may have too much of their savings invested in stocks
Members of the Baby Boomer generation may have too much of their retirement savings being invested heavily in stocks.
Latest News
UBS's giant banner on Hong Kong's One Peking Road skyscraper, so big it has drawn complaints for keeping solar panels in the shade, is a testament to the renewed push among Swiss banks to win business from Asia's burgeoning ranks of millionaires.
The first two days of Greek market activity saw nothing but bloody reds as the Athens Stock Exchange witness massive selloffs from foreign investors unrestricted by current capital controls that limit withdrawals from local banks to a measly €60.
If you're planning to purchase a home or simply need to get a loan, then J.P. Morgan is the answer. J.P. Morgan Chase & Co. which is the nation's largest bank by assets, has become less strict with its criteria when it comes to large mortgages, as numbers of lenders build up to get a bigger portion of the high-end housing market.
The S&P 500 and Nasdaq Composite rose on Wednesday following three days of losses as tech shares advanced, while the blue-chip Dow index ticked lower, weighed by Disney's largest daily drop in almost seven years.
Asian shares markets got off to a watchful start on Wednesday as the mounting risks of a hike in U.S. interest rates as early as next month lifted the dollar and sovereign bond yields, pressuring currencies across the region.
In an interview, the CEO of $2.4B worth Slack app and Flickr co-founder, Stewart Butterfield, admitted he is a 'terrible manager'.
Lens Technology is a $7.2B worth glass screen business in China. The company provides glass screens to top labels like Samsung, Windows and Apple and had made a public offer in March. It is owned and founded by Zhou Qunfei, the richest self-made woman in China who used to work as a factory worker.
Controversial real estate mogul and presidential hopeful Donald Trump has sold his New York Trump Park Avenue penthouse for 21 million dollars, said real estate listing agent Michelle Griffith.
The 40-year record high of US dollar against some major currencies is ringing alarm bells for another currency crisis. The ongoing situation could also trigger for another round of crash in the emerging markets. The world is more integrated now than in those days of 1980s and 1990s that witnessed major currency crisis.
