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9:59 AM - Wednesday, May 27, 2015
8 hour ago - Yahoo! News: Business News
Michael Kors' revenue rose 17.8 percent in the fourth quarter, slowing sharply from the growth of 29.9-74.4 percent it posted for the past 13 quarters. Same-store sales in North America fell 6.7 percent. Lower tourist traffic in U.S. Northeast . . .
7 hour ago - on The Huffington Post / Lucy Mccalmont
Nine officials of the Fédération Internationale de Football Association (FIFA), including two of its current vice presidents, were among 14 people indicted on Wednesday for racketeering conspiracy and corruption, the Department of Justice annou . . .
4 hour ago - Yahoo! News: Business News
Sales in Europe rose 2 percent in the first quarter ended April 30, Tiffany said, attributing the increase to more tourists shopping at its stores and strong local demand. The weaker euro and the pound have made it attractive at the moment for . . .
7 hour ago - on The Huffington Post / Jenny Che
Greece will likely miss a deadline for a deal with creditors by the end of the week as the two sides make little progress in their talks, four international officials familiar with the matter said. Greece is nowhere close to an agreement wit . . .
7 hour ago - CNBC
There's a "total disconnect" between Shanghai's booming stocks and the Chinese economy, a China strategist says.
7 hour ago - Yahoo! News: Business News
The company raised the low end of its average selling price range to $730,000 from $725,000. Average selling price rose 1 percent to $713,500 in the second quarter ended April 30. It appears the housing market is on firm footing and heading in . . .
6 hour ago - MarketWatch.com
Among the companies whose shares are expected to see active trade in Wednesday’s session are Costco, Tiffany, and Palo Alto Networks.
5 hour ago - Yahoo! News: Business News
The European Commission outlined plans on Wednesday to limit how much multinational companies can reduce taxes on their European earnings through the use of creative accounting. The Commission, set to detail proposed tax measures on June 17, ha . . .
4 hour ago - MarketWatch.com
At a press conference, Attorney General Loretta Lynch declined to comment on whether FIFA President Sepp Blatter could still be charged in a bribery case that so far has resulted in the indictment of nine officials and five corporate executives . . .
7 hour ago - forbes.com / Peter Cohan
Apple's Jony Ive has a new job. Does that mean it's time to sell Apple stock? Ive has been designing Apple products since 1992. A February 2015 New Yorker article was a monument to his ego -- noting that he enjoyed the chauffeuring services of . . .
5 hour ago - money.cnn.com
China is now home to more than one million millionaires, thanks to soaring private wealth in the world's second-largest economy, according to a report by Bain and Co.
4 hour ago - CNBC
The Affordable Care Act will add $273.6 billion in insurance administrative overhead costs from 2012 to 2022, a new report says.
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