Amazon Echo turns into a sleeper hit, offsetting Fire’s failure

The Amazon Echo is turning out to be a sleeper hit. The stand-alone, voice-activated digital assistant is on back order,  it was cited when premium speaker maker Sonos announced layoffs

Read More

Stocks close slightly higher; Dow, S&P up 0.1%

Wall Street kicked off the new week with very modest gains as investors brace for a slew of economic reports, including a key jobs report Friday, that could shed fresh

Read More

Stock headwinds persist despite rebound from tough start

A quick glance at the year-to-date performance of the Dow (+0.5%) and S&P 500 (-0.4%) camouflages what had been the worst-ever start to a year for stocks. But with Wall

Read More

Is Microsoft in the Yahoo bidding hunt?

Microsoft (MSFT) is in preliminary talks with private equity firms about helping finance a bid to buy embattled Internet company Yahoo (YHOO), according to media reports. Private equity executives approached

Read More

Hotel battle heats up: China’s Anbang raises offer for Starwood to $13.9B

The jockeying for Starwood Hotels & Resorts Worldwide continues. A group of investors, led by Chinese insurer Anbang, has raised its offer to buy the hotel operator to about $13.9

Read More

Stocks tumble after big rally as oil falls sharply

After its recent hot streak, the Dow Jones industrial average cooled off Tuesday as stocks tumbled amid a renewed slump in oil prices and a still uncertain outlook for global

Read More

Business leaders call for Britain to stay in EU

The bosses of some of Britain’s biggest companies on Tuesday warned that an exit from the European Union could threaten jobs and put the economy at risk. Around 200 individuals,

Read More

Allergan earnings top Wall Street forecasts

Shares of Allergan (AGN), the pending merger partner of U.S. pharmaceutical giant Pfizer, rose Monday after the Ireland-based company reported fourth-quarter earnings that topped Wall Street forecasts. The company’s stock

Read More

Profit, economic recovery key to stock rally

Stocks kicked off the week in rally mode, building on its best week of the year. But for the bounce after a bruising start to the year to be sustainable,

Read More

Valeant Pharmaceuticals share plunge

Shares of embattled drugmaker Valeant Pharmaceuticals International  International (VRX) nosedived Monday amid a report late Monday that the Canada-based company would restate some of its financial previous earnings. The stock

Read More