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Financial PostTweets on the Street: Lululemon Lost; Hierarchy of a Credit Bubble
TheStreet.com
Lululemon Athletica (LULU) shares were up Thursday, even after founder Chip Wilson, who resigned from the board last year, criticized the company's management. In a letter to shareholders, Wilson said the athletic apparel retailer has "lost its way ...
UPDATE 3-Canadian retailer Lululemon's founder seeks board election changesReuters
Lululemon founder says company 'has lost its way'Washington Post
Credit Suisse Previews Lululemon Q1 Earnings, Calls Top Line An 'Incremental Risk'Benzinga Chain Store Age -Standard-Examiner -The Globe and Mail (subscription) -Forbes all 37 news articles » -
New York TimesUber Turns to Saudi Arabia for $3.5 Billion Cash Infusion
New York Times
Travis Kalanick, chief executive of Uber, which views the Middle East as an increasingly important overseas market. Credit Ioulex. SAN FRANCISCO — In its quest to build a global empire, Uber has turned to the Middle East for its biggest infusion of ...
Uber Receives $3.5 Billion Investment From Saudi Wealth FundBloomberg
Uber Raises $3.5 Billion From Saudi Sovereign Wealth Fund, Keeps $62.5 Billion ValuationForbes
Uber just got a $3.5 billion cash infusion from Saudi ArabiaThe Verge Mashable -Recode -Business Insider -Financial Times all 9 news articles » -
CNNMoneyRental companies now have to repair recalled cars
CNNMoney
A federal law took effect Wednesday that requires rental car companies to fix any recalled car before it's rented out. Until now, remarkably, it was perfectly legal to rent out a recalled car that had not yet been repaired. The law, part of the ...
Rental Car Recall Legislation Goes Into Effect TodayCars.com News
New law bans rental companies from using recalled carsThe Detroit News
New law addressing car rentals, recalls begins todayWTSP.com all 6 news articles » -
Fed reports 50-plus breaches from 2011 to 2015, some instances of espionage
Computerworld
The U.S. Federal Reserve, the nation's central bank, detected more than 50 cybersecurity breaches between 2011 and 2015, including a handful attributed to espionage. The Fed's Washington-based Board of Governors identified 51 information disclosures ...and more » -
Business InsiderFED: Everywhere we look the job market is tight
Business Insider
Its latest Beige Book released Wednesday contains anecdotes from the Fed's 12 districts on how their regional economies are doing. Most places noted that the gap between the number of jobs and people available to work was shrinking, meaning the labor ...
Economy Grows at 'Modest' Pace as Job Market Tightens, Fed SaysBloomberg
Stocks Slightly Lower After Beige Book Reveals 'Modest' GrowthTheStreet.com
Fed's Beige Book: 'Tight Labor Markets' Are Pushing Up WagesWall Street Journal CNBC -MarketWatch -Reuters -ForexLive all 14 news articles » -
TheStreet.comThese 2 Inexpensive S&P 500 Stocks Are Ready to Thump the Market
TheStreet.com
These absurdly cheap large-caps are set to outperform their respective industries as well as the broader market. What more could an investor ask? Siddhi Bajaj. Follow. Jun 1, 2016 1:35 PM EDT. Get TheStreet Quant Ratings' exclusive 5-page report for ...
10 stocks outshine June gloomWZZM13.com all 3 news articles » -
Business InsiderMary Meeker's stunning 2016 presentation on the state of the web
Business Insider
Every year, Mary Meeker of Kleiner Perkins Caufield & Byers puts together a fascinating and influential presentation on the state of the web. The report, chock-full of insights and stats, delves into the biggest trends in digital. She just released ...
Smartphone slowdown is trend to watch, says Mary MeekerUSA TODAY
Here's Mary Meeker's 21st annual Internet Trends reportVentureBeat all 8 news articles » -
Nation's Restaurant NewsChick-fil-A launches mobile ordering and pay-ahead app
Nation's Restaurant News
In a big push to please Millennial parents, Chick-fil-A launched Wednesday a new mobile app that allows users to order and pay ahead, customize meals and skip lines at the register. Dubbed Chick-fil-A One, the new app also incorporates a rewards ...
Lubbockites camp in the rain for chance to win a year of free Chick-fil-A mealsLubbockOnline.com
Chick-fil-A wants to give you free chickenKOMO News
Where to get chicken while you wait for Chick-fil-A to (maybe) openRochester Democrat and Chronicle ABC NEWS 4 -Fortune -FOX31 Denver -Fox News all 40 news articles » -
Washington PostUS stocks trade mixed after weak reports on autos, China
Washington Post
U.S. stocks indexes moved mostly lower in midday trading Wednesday as investors weighed a mixed batch of economic data out of the U.S. and China. Telecommunications companies were among the biggest decliners. Automakers GM and Ford Motors also ...
Midday Report: Wall St. Is Mixed as Traders Assess DataNew York Times
Markets Right Now: US stocks open broadly lowerClay Center Dispatch all 6 news articles » -
U.S. stocks perk up after a downbeat start to eke out a small gain
Greenfield Daily Reporter
FILE - This Thursday, Oct. 2, 2014, file photo, shows a Wall Street sign adjacent to the New York Stock Exchange. U.S. stocks moved lower in early trading Wednesday, June 1, 2016, echoing a slide in global markets as investors weighed a batch of ...and more » -
CNNMoneyFrom $4.5 billion to $0: Forbes revalues Elizabeth Holmes' worth CNNMoney
Theranos founder Elizabeth Holmes was once hailed by Forbes as America's richest self-made woman. That was just last year, when Forbes estimated that she was worth $4.5 billion. But oh how one year has changed things. Forbes said on Wednesday that ...
Forbes just cut its estimate of Theranos CEO Elizabeth Holmes's net worth from $4.5 billion to zeroQuartz
Theranos Founder Elizabeth Holmes, Formerly Worth $4.5 Billion, Now Worth 'Nothing'Jezebel
Forbes Downgrades Elizabeth Holmes' Net Wealth To ZeroValueWalk Vanity Fair -Silicon Valley Business Journal (blog) -Forbes -Firstpost all 11 news articles » -
TheStreet.comCoca-Cola Enterprises (CCE) Stock Up on Launch of 'Campaign to Connect'
TheStreet.com
Shares of Coca-Cola Enterprises (CCE) are higher Wednesday morning after the company launched its 'Campaign to Connect' with the United Service Organizations. Lindsay Rittenhouse. Follow. Jun 1, 2016 10:59 AM EDT. Get TheStreet Quant Ratings' ...
Cokes Widens Diversity Push With Soy-Drinks DealWall Street Journal
Coca-Cola just made a $575 million departure from sodaBusiness Insider
The Coca-Cola Company and Coca-Cola FEMSA to Acquire AdeS Soy-Based Beverage Business From UnileverMarketWatch Fortune -Reuters -Bloomberg -Enterprise Leader all 119 news articles » -
USA TODAYStocks start June in the red
USA TODAY
After surprising to the upside last month, stocks opened lower on the first trading day of June as Wall Street weighed the economic health of China amid stagnant manufacturing and weakness in the oil patch. After rallying 1.5% in May -- a month that ...
Markets Right Now: US stocks open broadly lowerWashington Post
Stocks down on global economic gloom in China, U.S.Newsday all 5 news articles » -
U.S. News & World ReportDespite Cheap Oil, Renewables Power Ahead for Record Year
U.S. News & World Report
Falling costs for wind and solar spurred strong investments in green energy in 2015, even as crude oil prices plummeted, a new report says. By Alan Neuhauser | Staff Writer June 1, 2016, at 10:35 a.m.. MORE. LinkedIn · StumbleUpon · Reddit; Cancel.
Led By Solar And Wind, Renewable Energy Grew Like Never Before Last YearThinkProgress all 69 news articles » -
Washington PostMain Street Morning: Jose Cuervo is eyeing a $1 billion IPO
Washington Post
Welcome to Main Street Morning, The Washington Post's daily collection of news affecting entrepreneurs, start-ups and small businesses with a special focus on policy and government. Here's what's affecting my small business, my clients and other ...
Cuervo Said to Eye Third Quarter for Possible $1 Billion IPOBloomberg
Tequila Maker Jose Cuervo Is Reportedly Going Big on Its IPOFortune
Cuervo IPO Reportedly Slated For Third QuarterShanken News Daily Business Insider -StreetInsider.com all 9 news articles » -
U.S. News & World ReportUS stock indexes move lower after weak Chinese data
U.S. News & World Report
FILE - This Thursday, Oct. 2, 2014, file photo, shows a Wall Street sign adjacent to the New York Stock Exchange. U.S. stocks moved lower in early trading Wednesday, June 1, 2016, echoing a slide in global markets as investors weighed a batch of ...
Wall St. set to open lower on weak China data, oil pricesBusiness Insider
Stock Futures Slip as Weak Chinese Manufacturing Spooks Oil MarketsTheStreet.com
MARKET SNAPSHOT: U.S. Stock Futures Drop As Under Armour, Nike Help Lead The Way LowerNasdaq USA TODAY -StreetInsider.com -Houston Chronicle -STLtoday.com all 13 news articles » -
CNBCCracker Barrel Shares Popping 10% On Profit Surge And Special Dividend Declaration
Forbes
Cracker Barrel likes to say that inside its doors, it's all about “pleasing people.” Well, the restaurant-retail hybrid has certainly pleased its shareholders Wednesday morning, at least when it comes to its market performance: thanks to higher-than ...
New Lifetime High Reached: Cracker Barrel Old Country Store (CBRL)TheStreet.com
Cracker Barrel to Pay Special Dividend as Revenue, Profit IncreaseWall Street Journal
Cracker Barrel shares up after beating Street, announcing special dividendCNBC Bidness ETC -Seeking Alpha all 29 news articles » -
U.S. News & World ReportUS construction spending tumbled in April
U.S. News & World Report
In this Thursday, May 19, 2016, photo, Ricardo Belmontes, of Boston, bends his legs while using a mobile phone to make images near the construction site of a building in Boston. On Wednesday, June 1, 2016, the Commerce Department reports on U.S. ...and more » -
Survey: US manufacturing grew again in May
Fox News
WASHINGTON – American manufacturing expanded for the third straight month in May, more evidence that U.S. factories have adjusted to a strong dollar and economic weakness overseas. The Institute for Supply Management says its manufacturing index ...and more » -
ReutersWall St. opens lower on weak China data, oil prices
Reuters
U.S. stocks started the month in the red on Wednesday as falling oil prices and weak factory data from China reduced the chances of a rate hike this month, dragging on financial stocks. JPMorgan (JPM.N), Bank of America (BAC.N) and Citigroup (C.N) were ...
US Stock Indexes Move Lower After Weak Chinese DataABC News
Wall St. Drops on Signs of Weakness in ChinaNew York Times
Wall St. set to open lower on weak China data, oil pricesBusiness Insider Washington Post -USA TODAY -STLtoday.com -TheStreet.com all 25 news articles » -
MarketWatchManufacturers grew a little faster in May, ISM shows
MarketWatch
WASHINGTON (MarketWatch) — U.S. manufacturers grew in May but at a very slow pace that suggests the sector is unlikely to speed up anytime soon, a survey of executives found. The Institute for Supply Management said its manufacturing index rose to ...
US Manufacturing Activity Index Rose in MayWall Street Journal
Manufacturing activity grows faster in MayUSA TODAY
Survey: US manufacturing grew again in MayWashington Post Nasdaq -Investor's Business Daily -Shopfloor -Financial Times all 9 news articles » -
Huffington PostTrump University: A Scam, But a Familiar One
Huffington Post
Four hundred pages of documents released on Tuesday by a federal judge in San Diego add detail to the tawdry story of Donald Trump's unaccredited Trump University. The operation appears to have relied on high-pressure recruiting pitches, buoyed by ...
How Trump U Suckered Its VictimsDaily Beast
The Art of the SwindleThe Atlantic
Trump University's 'Playbook' Is A Showcase In High-Pressure Sales TacticsDaily Caller USA TODAY -The Fiscal Times -Washington Post -Forbes all 14 news articles » -
MarketWatchUS construction spending posts largest drop in more than five years
Reuters
WASHINGTON, June 1 U.S. construction spending recorded its biggest decline in more than five years in April as outlays fell broadly, which could prompt economists to lower their second-quarter growth estimates. Construction spending tumbled 1.8 percent ...
US construction spending tumbled in AprilCharlotte Observer
Construction spending plunges 1.8% in AprilMarketWatch all 5 news articles » -
New York TimesWall St. Drops on Signs of Weakness in China
New York Times
United States markets were broadly lower in early trading on Wednesday as traders were discouraged by more signs of weakness in China's economy. KEEPING SCORE The Dow Jones industrial average fell 0.55 percent and the Standard & Poor's ...
Stocks start June in the redUSA TODAY
Markets Right Now: US stocks open broadly lowerWashington Post all 5 news articles »
Federal Reserve under attack by hacker spies - CNNMoney
in Topics
Posted
CNNMoney
CNNMoney
The Federal Reserve has been under constant attack by hackers since at least 2011, including four attempts it labels as "espionage." But it is unclear if hackers have penetrated the Fed's security system. Records obtained by CNNMoney Wednesday list ...
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