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September 25, 2018 These Two Fashion Powerhouses Are Nearing A Merger: Reports

Source: Investor Business Daily

Michael Kors (KORS) has agreed to take over Italian fashion house Gianni Versace, according to reports, as the American designer looks to add more upscale brands to its offerings. Kors stock tumbled Monday after closing in buy...

September 25, 2018 Sears 'must act immediately' to extend life, Lampert's fund says

Source: USA Today

Sears Holdings CEO and largest shareholder Eddie Lampert proposed that the retailer sell more assets and restructure its debts to further extend its life.

September 25, 2018 Starbucks planning layoffs, 'significant changes' to company structure

Source: USA Today

Starbucks is planning to make "significant changes" to its organizational structure, according to a letter sent to employees by CEO Kevin Johnson.

September 25, 2018 $100 Oil Is A Distinct Possibility


The outages from Iran are worse than most analysts expected, and bottlenecks in the U.S. shale patch could prevent non-OPEC supply from plugging the gap. To top it off, new regulations from the International Maritime Organization...

September 25, 2018 How SiriusXM’s Purchase of Pandora Could Change the Balance of Power in the Music Industry

Source: Slate

SiriusXM, the digital radio platform with more than 36 million subscribers, announced on Monday that it plans to buy Pandora, which, with its nearly 75 million active listeners, remains one of the largest streaming music...

September 24, 2018 US and China exchange new trade war blows as latest round of tariffs takes effect

Source: CNBC

The latest round of tariffs targeting U.S. and Chinese goods went into effect Monday, raising the stakes in an escalating trade war between the world's two largest economies.

September 24, 2018 Britain's opposition Labour backs new election to solve Brexit

Source: CNBC

Britain's opposition Labour Party prefers a new election to a second referendum on Brexit, its leader said on Sunday, heaping pressure on Prime Minister Theresa May whose plans for a divorce deal with the European Union have hit...

September 24, 2018 Danske Threat to Denmark's AAA Rating Triggers Political Action

Source: Bloomberg

s Denmark comes to grips with its role in one of Europe’s worst dirty money sagas, its parliament is working overtime to stop the nation’s credit rating from being dragged down by the scandal.

September 24, 2018 America's Libor Alternative Is Gaining Traction on Wall Street

Source: Bloomberg

Since the debut of the Secured Overnight Financing Rate almost six months ago, futures have launched in Chicago, swaps are being cleared in London and about half-a-dozen issuers have sold debt linked to the nascent benchmark.

September 24, 2018 Corporate America, not banks, could cause the next recession

Source: CNN

The next debt crisis: There's a $6.3 trillion elephant in the room. And it just might cause the next recession.

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