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Redstone legal drama could come to abrupt end
By Lisa RichwineLOS ANGELES (Reuters) - A trial over Sumner Redstone's mental competence could end as early as Monday when a California judge is expected to announce whether he will throw out a lawsuit...
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HCP to spin off skilled nursing, assisted living assets into REIT
(Reuters) - HCP Inc said it would spin off its skilled nursing and assisted living properties into an independent, publicly-traded real estate investment trust (REIT).The company said on Monday that...
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Comcast has acquired French ad tech company StickyAds for more than $100...
Comcast has acquired France-based ad video tech company StickyAds.tv, Recode's Peter Kafka first reported on Sunday evening.Business Insider has confirmed the acquisition with a source with direct...
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CONSUMERS IN FOCUS: Your complete preview of the week's big economic events
That was a disappointment.Last week was a busy one for the US economy, and it was capped with the April jobs report, which was a bit of a downer.In April, the US economy added 160,000 jobs, less than...
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Car parts maker Bosch to open business, hire staff in Iran
FRANKFURT (Reuters) - German auto parts supplier Robert Bosch is opening an office in Tehran and plans to hire 50 staff by the end of this year because it sees growing potential for Iran's car market...
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10 things you need to know before the opening bell (spy, spx, qqq, dia,...
Here is what you need to know.Saudi Arabia has a new oil boss.Ali al-Naimi is out as the Saudi oil minister after 20 years. The veteran oil minister will be replaced by the chairman of Saudi Arabia's...
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Here's a super quick guide to what traders are talking about right now (DIA,...
Via Dave Lutz at JonesTrading, here's a super quick guide to what traders are talking about right now. Good Morning! US Futures are popping to the upside, with the S&P adding 25bp early despite a...
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The CEO of fintech company Lending Club is stepping down and now the stock is...
Lending Club CEO Renaud Laplanche is stepping down from his position with the company after an internal review. In pre-market trade on Monday following the news shares of the company were down as much...
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Lending Club's CEO resigns after internal probe
(Reuters) - Online lending platform operator Lending Club Corp said its Chief Executive and Chairman Renaud Laplanche has resigned following an internal review, which revealed a violation of the...
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The Japanese yen is slipping — here's what's happening in FX
Good morning!The Japanese yen is weaker by 1.1% at 108.31 per dollar.On Monday, Japanese Finance Minister Taro Aso once again lobbed an attack on the stronger yen."Sudden yen strength or weakness has...
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The company that bought Caribou Coffee is buying Krispy Kreme
JAB Beech, the company that bought Caribou Coffee, is buying Krispy Kreme Doughnuts for $21 a share.More to come...Join the conversation about this story »NOW WATCH: Be sure to learn the actual meaning...
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Football is about to get new rules that will massively change the game — here...
Football fans who keep a close eye on the upcoming England friendlies in May could notice some important changes in the rules.Although the new laws don't officially come into effect until June 1,...
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Allergan reports 48 percent rise in quarterly revenue
(Reuters) - Allergan Plc , whose $160 billion merger with Pfizer Inc fell apart last month, reported a 48 percent rise in quarterly revenue, led by a strong performance by its branded drugs business,...
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These are the best, highest-paying companies in America
Business Insider and Payscale ranked the best and highest-paying companies in America. Here are the top nine.Produced by Emma Fierberg. Original reporting by Tanza Loudenback, Emmie Martin and Alexa...
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The dollar keeps creeping up — here's what's happening in FX
Good morning! The US dollar continues to creep higher, up 0.2% at 94.27 as of 7:45 a.m. ET.The currency is mixed against the majors while the markets remain pretty quiet this morning."The most puzzling...
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The most bullish Amazon analyst on Wall Street thinks the stock will soar...
Presenting: the case from the most bullish Amazon analyst on Wall Street.In a note Tuesday, Bernstein's Carlos Kirjner and team raised their 12-month target price on the stock to $1,000 from $770....
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A handful of hedge fund managers earned a combined $7.4 billion last year
Institutional Investor's annual list of the top-earning hedge fund managers is out, and the sums involved are astronomical.Ken Griffin of Citadel ranks highest, having earned $1.7 billion in 2015. Jim...
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Best-paid U.S. hedge fund managers take home $13 billion
By Svea Herbst-BaylissBOSTON (Reuters) - Hedge funds lost money for their investors last year but the industry's top-paid managers had a banner year, with five men earning more than $1 billion each in...
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This finance trend is so hot even Amazon wants in (AMZN)
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.The arrival of the age of fintech is about to shake up the financial...
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SolarCity is getting destroyed after earnings miss (SCTY)
SolarCity is tumbling after reporting worse than expected earnings Monday. The renewable energy firm lost $2.56 a share in the first quarter, worse than the $2.31 per share loss expected by analysts....
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