Washington Post Do What Warren Does, Not What He SaysSeeking AlphaWarren Buffett's letter with the 2016 Annual Report of Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) came out Saturday morning. I rushed to open and read it like so many millions of investors to hear the pearls of wisdom from the "Oracle of Omaha.Warren Buffett praises 'ambitious immigrants' […]
Alton Telegraph JCPenney to close more than 100 storesWatertownDailyTimes.comJCPenney Co. Inc. announced it will close 130 to 140 stores in the next few months, but repeated efforts to contact the company, Salmon Run Mall and store employees have not revealed whether the Watertown store will be among those closing its doors.Malls face more change with […]
Seeking Alpha JC Penney: A Buy Or A Sell After Friday's Drop?Seeking AlphaNonetheless, the retailer's announcement of store closures and weak 2017 guidance triggered a sell-off in the stock. J.C. Penney's share price has slumped ~40 percent since December. I think J.C. Penney makes for an interesting speculative BUY.JC Penney to close 130 to 140 […]
Los Angeles Times Feds moves in to clean up Dakota Access protest camp; thorny skate will not be on endangered listWashington PostThe U.S. Army Corps of Engineers has moved into the evacuated Dakota Access pipeline protest camp to finish the cleanup started weeks ago by the Standing Rock Sioux Tribe. A Florida-based company has been […]
The State Journal-Register Local business notes: Family Christian liquidation includes local storeThe State Journal-RegisterA more-than-two-decade tradition in the Parkway Pointe Shopping Center in Springfield is coming to an end with this week's liquidation announcement from FAMILY CHRISTIAN STORES. The not-for-profit cited changes in consumer book-buying habits and …Family Christian Stores To Shut Down All 240 OutletsChristian […]
Forbes Elon Musk's Net Worth Falls $500 Million In Two Days Following Latest Earnings ReportForbesFor Elon Musk, it's been a tough 48 hours in an otherwise spectacular year. On Wednesday afternoon, Musk's electric car maker, Tesla, announced its fourth-quarter and full-year financial results, beating both earnings and revenue estimates. Investors …Elon Musk Slams Tesla Union […]
Washington Post A Trump voter's message to retailers: 'Keep your mouths shut about our president'Washington PostMary Carson picks up her leopard-print tote bag and tugs on her leopard-print scarf. “I'm just going to do a little bit of business,” the 77-year-old says as she walks into Neiman Marcus at the Tysons Galleria in Northern Virginia […]
CNNMoney Uber: We're 'absolutely not' behind smear campaign of former employeeCNNMoneyUber said it has no part in any smear campaign against the ex-employee who alleged sexual harassment. On Sunday, former Uber engineer Susan Fowler rocked the company with a lengthy blog post detailing sexual harassment and misconduct at the …Here's the message Uber users get when […]
ZDNet Tesla outlines plans to build new GigafactoriesZDNetscreen-shot-2017-02-24-at-01-26- Tesla. Tesla has revealed plans to construct a total of five Gigafactories to cater to increased solar panel and electric vehicle (EV) battery demands. In a letter to shareholders (.PDF), the EV manufacturer, founded by …Tesla Is Burning Through CashBloomberg3 First Impressions From Tesla's Q4 ReportSeeking AlphaTesla cheered […]
Bloomberg RBS Plans to Cut $2.5 Billion of Costs After Ninth Straight LossBloombergRoyal Bank of Scotland Group Plc, Britain's largest taxpayer-owned bank, laid out a plan to cut costs by 2 billion pounds ($2.5 billion) over the next four years as it posted its ninth straight annual loss. The net loss widened to 6.96 billion […]