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Credit cards are going the way of fax machines
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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Former 'Top Gear' host Jeremy Clarkson just revealed the cars he hated the...
Former "Top Gear" host Jeremy Clarkson is one of Britain's most famous and controversial media personalities.However, the TV host is also a veteran automotive journalist and reviewer with more than...
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Martin Shkreli says insurance companies are to blame for Mylan's EpiPen...
It's been a bad week for Mylan.The drugmaker is under fire after lawmakers including Democratic presidential nominee Hillary Clinton have spoken out about the price of the EpiPen, a device used to...
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Carson Block has a new short, and his reasoning is super creepy
Muddy Waters, the firm founded by noted short-seller Carson Block, is short St. Jude Medical Inc.The stock is down almost 7% on the news.The firm says it's shorting St. Jude because its pacemakers are...
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The American McMansion is dying for good
In the late 1990s to mid-2000s, there was perhaps no better indicator of affluence than the McMansion, a cookie-cutter suburban home that typically measures between 3,000 and 5,000 square feet.In this...
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Not everyone is buying into Mylan's EpiPen price plan (MYL)
Mylan Pharmaceuticals said Thursday that it would be giving a $300 "savings card" discount for a two-pack of EpiPens, amid pressure to cut the price of the drug.Mylan has increased the price of EpiPen...
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Visa opens NFC Ring to general public (V)
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.The NFC-enabled wearable payments ring Visa tested out with athletes it...
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This is the main cause of failed corporate acquisitions, according to the HR...
When Ken Brown joined Legrand, North America (LNA) in 2012, it was nine months into an acquisition that was going poorly."The leadership of that acquisition, who had signed on to stay on and lead their...
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Whirlpool to recall 15,200 microwaves due to fire hazard issue: CPSC
(Reuters) - Whirlpool Corp , the world's largest maker of home appliances, is recalling 15,200 Whirlpool brand microwaves due to a fire hazard, the U.S. Consumer Product Safety Commission said on...
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U.S. SEC fines 13 advisers for false performance claims
(Reuters) - The U.S. Securities and Exchange Commission on Thursday fined 13 investment advisory firms for spreading false claims made by the now defunct F-Squared Investments Inc, one of the largest...
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OMEGA: 'The in-place equity bull market should last a long time'
It's a good time to be in stocks, according to Omega Advisor's Steve Einhorn.The stock market should forge ahead on its bull run, Einhorn said in an email Sunday to macro traders that was viewed by...
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Illinois attorney general sues Insys over fentanyl drug marketing
(Reuters) - The Illinois attorney general on Thursday sued Insys Therapeutics Inc, accusing it of deceptively marketing and selling an addictive fentanyl-based medication, intended to treat cancer...
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One quote about Jose Canseco's market expertise is everything wrong with the...
The ability to use jargon well is not a compliment. In a Wall Street Journal story published Thursday about the burgeoning market commentary career of Jose Canseco— yes, that Jose Canseco— one of...
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What you need to know on Wall Street right now
Finance Insider is Business Insider's summary of the top stories of the past 24 hours.To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here.People have been...
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Go inside a former banker turned musician's drone-guarded 'sinful 60' party...
Ivan Wilzig, known as Sir Ivan, is many things. Former banker. Electropop dance artist. Philanthropist. Reality star.And now, apparently, God.The personality threw himself a 60th birthday party at his...
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Signet Jewelers says the oil crash destroyed half of its diamond sales in...
The oil crash has hurt sales of a lot of things that aren't related to oil.And on Thursday, Signet Jewelers said weakness in energy-dependent areas was responsible for half of its sales decline in...
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The 10 biggest box-office bombs of 2016 so far
The box office in 2016 has been more of a shrug than a full-on crisis.While there have been bright spots, Hollywood has had some big bets that have not payed off at all this year, especially over the...
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Robo advisor Betterment partners with Uber
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.Uber drivers in Seattle, Boston, New Jersey, and Chicago can now open a...
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Markets are acting like Janet Yellen just said nothing (SPY, SPX, DJI, IXIC,...
Federal Reserve chair Janet Yellen's "biggest speech of the year" has come and gone. And traders are acting like they heard nothing groundbreaking.The main headline from Yellen's speech was that she...
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U.S. jobs data to test case for rate hike
By Padraic HalpinDUBLIN (Reuters) - U.S. jobs data top economic readouts from around the world next week as global markets begin to return to business as usual following a typically quiet August with...
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