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Info stolen from 56M cards at Home Depot stores
Home Depot says it has eliminated software that led to massive data breach.
Get ready for another round of the foreclosure crisis
Despite what you might have heard, the foreclosure crisis is far from over. Economics correspondent Paul Solman talks to people in Florida who have lost their homes, and considers whether a wave of new foreclosures is on the horizon.
Dan Loeb Swings a Legal Hammer at Sothebys
The activist investor and the famed auction house are headed for a courtroom showdown. Loeb wants three board seats and the ability to fire Sothebys CEO William Ruprecht. The company responded with a $300 million dividend for shareholders and a poison pill aimed squarely at Loeb. The hedge fund mana
Facebook's Stock Turns Two: From IPO to Oculus Rift
May 19 (Bloomberg) — This weekend marked the second anniversary of the Facebook IPO. And it turns out that the tumultuous first day of trading was just the beginning of several ups and downs for the social network. Bloomberg takes a look back now at Facebook’s timeline in the public eye.
Nonfarm Payrolls Pressure Gold, But Bulls Still Have Technical Advantage: Wyckoff
U.S. nonfarm payrolls is putting some pressure on gold prices this Thursday and Jim Wyckoff is on Kitco News to tell us how he thinks the metal is set up for next week! “We already saw gold under some significant selling pressure on profit-taking from recent gains,” he says. The higher-t
Candy Crush developer, King Makes IPO at $22.50
(CBS2/FOX28) – It’s the most popular game on Facebook with nearly 100 million daily users. Today, the makers of “Candy Crush Saga” want to see if they can find similar success when they hit the New York stock exchange. When the NYSE opens, its the public investors w
The Family Dollar Stores Are Closing 370 Locations and Cutting Jobs
The Family Dollar Stores are in need of a major turn around a midst declining sales and profits. On Thursday they announced they will cut jobs. Profit declined 35% along with sales of about 4% from the previous quarter. For their lower income shoppers price matters. So to remedy these issues the com