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Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources
reuters.com - DETROIT (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fis... [Read More]
 
Housing recovery boosts Home Depot 1Q results
news.yahoo.com - Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring. Its quarterly results topped Wall Street expectations, and the... [Read More]
Economic Scene: Despite Keynesians’ Victory, Economic Policy Holds
nytimes.com - Fiscal stimulus appears to have won the intellectual argument among economists, but governments and voters still favor austerity.    ... [Read More]
 
New Xbox Fails To Woo Investors As Microsoft Stock Dips And Sony Shoots Up 9%
techcrunch.com - Wall Street apparently wanted something more revolutionary out of the Xbox One that launched today, as Microsoft’s stock is down 0.66%. In turn, investors pushed Sony shares up 9% as they expect... [Read More]
 
Is Saks for sale?
cnn.com - Saks Fifth Avenue could be offering a rare, high-ticket luxury item: Itself. ... [Read More]
Apple's Boosting Its Offshore Profits Faster Than Anyone Else
huffingtonpost.com - In 2012, Apple added more to its offshore profit holdings than any other company, according to a March report by Citizens for Tax Justice. The company's method of holding profits overseas isn't new ... [Read More]
World Nutella Day Has Been Saved!!!
huffingtonpost.com - Rejoice, one and all! After facing an immediate shut-down, World Nutella Day has been saved. The chocolate hazelnut spread's producer, Ferrero, has dropped a cease-and-desist letter it sent to the ho... [Read More]
PopExpert Online Video Education Marketplace Raises $2M In Seed Funding From Learn Capital And Others
techcrunch.com - As edtech startups continue to challenge the current state of higher education, and various niche startups focus on educating people through digital means, yet another company is getting a boost when ... [Read More]
 
TC Cribs: Inside Fab's NYC Headquarters, Where High Fashion And Hot Design Become Fun
techcrunch.com - Welcome to a brand new episode of Cribs, the TechCrunch TV series that goes straight into the heart of the action at the tech industry’s hottest companies to see what it’s really like for... [Read More]
 
Best Buy Reports a Loss for the Quarter
nytimes.com - The retailer is closing stores and reducing costs to compete with online merchants.    ... [Read More]