All Economy
Buffett's firm reveals new stock investments and divestmentsFilings with the Securities and Exchange Commission revealed recent investment decisions made by Berkshire Hathaway, the investment group led by Warren Buffett. In addition to buying and selling stocks in its $85 billion U.S. stock portfolio, the company owns 80 other companies, some of which account for more than half its income.
Stocks rise despite manufacturing slowdownStocks nudged to all-time highs on Wall Street Wednesday despite disappointing economic reports. News of a manufacturing slowdown weighed on stocks early on, but the stock market recovered by midday.
IRS and the Tea Party: A small but bungling scandalThe IRS Tea Party scandal is a huge embarrassment for the IRS and likely to make it more difficult for the agency to police groups that have stepped over the political line, Gleckman writes. But based on what we know so far, the IRS Tea Party debacle is no Watergate scandal.
Whites-only scholarship: Columbia tries to change itWhites-only scholarship for Columbia University dates from 1920 – and is only for Iowans. Columbia is going to court to change race provisions of whites-only scholarship.
Why federal budget deficit is falling faster than CBO expectedThe federal budget deficit will shrink this year to $642 billion, the nonpartisan CBO said in a new estimate Tuesday. Just three months ago, it was forecasting a deficit of $845 billion.
In Aleppo, the free market is the answer to Syrians' bare cupboardsWith international aid money slow to arrive, Syrians are seeking ways to get cash fast to buy desperately needed supplies. Profit-generating endeavors have been paying off.
Burger King McRib? Watch out, McDonald's.Burger King’s new rib sandwich won’t be called the McRib, for obvious reasons. But with a national rollout of its own 'McRib' looming, Burger King is taking pointed aim at the McDonald’s cult favorite.
High gas prices? 14 ways to save money on fuel.Paying too much for gas? Hamm offers fourteen pieces of advice that will help you save on the fuel costs of your commute. These tactics will improve either the efficiency of fuel consumption on your commute or will reduce the number of miles you put on your car.
Pop-Tarts' new flavors: Will they woo adults?Pop-Tarts' new flavors may be part of the Kellogg corporation's efforts to win back adults, who have drifted away from the breakfast market, by piling on the nutrition.
IRS report shows why tea party scandal was almost inevitableWhen all the shouting about the IRS targeting of tea party groups dies down, Congress or the IRS will realize that the relevant tax law is devilishly hard to enforce fairly.
Did the IRS illegally target the Tea Party? Seven questions answered.The IRS is under investigation for illegally targeting the Tea Party and other conservative groups. Steuerle offers answers to seven basic questions about the IRS Tea Party scandal.
Stocks rise back into record territoryStocks returned to record territory on Wall Street Tuesday as encouraging news about the economy pushed stocks upward.
Bangladesh collapse: Accord divides US, Europe retailersH&M and other European retailers have signed a building and fire safety accord meant to improve conditions in Bangladesh garment factories in the wake of last month's deadly collapse. But major US companies, including the Gap and Wal-Mart, have not signed on.
What does McDonald's do now with Cleveland hero Charles Ramsey?The day he helped rescue three women in the Cleveland kidnapping case, Charles Ramsey couldn't stop talking about his McDonald's lunch. McDonald's took note. Now what does it do?
Tesla Motors teases battery swapping for Model S electric carTesla Motors has discussed battery swapping as part of the Model S electric car design at least since 2009, Fisher writes. Last week, Tesla Motors the company was planning to introduce features that allow for the rapid replacement of depleted battery packs.
Bloomberg snooping: Just looking at data can break the lawThe Federal Reserve and the US Treasury are investigating whether Bloomberg reporters used the company's terminals to glean inappropriate information about officials' data use. Just viewing the information can be a felony, under federal law.
Sports drinks draining your budget? Make them at home.Frugality is all about finding the least expensive route to the true solution you want, Hamm writes. Making your own homemade sports drinks, using ingredients bought in bulk, is a perfect example of successful frugality.
'Creative opportunism': How entrepreneurs build the economyThe vast majority of entrepreneurs engage in 'creative opportunism,' Cornwall writes. Change creates numerous opportunities for entrepreneurs to fill small gaps or find little niches in the market.
Would Apple really buy Tesla?Tesla looks unlikely to stay independent in the long run. While some commentators point to Apple as a possible buyer, a more logical choice are Daimler and Toyota, which already own stakes in Tesla.
Skechers to pay $40 million for exaggerated shoe claimsSkechers to pay $40 million: Skechers will divide $40 million among half a million customers who believed claims that $100 Shape-Ups make you 'use more energy with every step' or that Resistance Runners increase 'muscle activation.'
