Cart

0

Business

“The demise of Red Lobster is a perfect case study in how to kill a business”

“…Red Lobster is being bogged down by increased labor costs and expensive leases on its restaurants. Some observers were quick to blame the financial woes on its decision last year to make its “Endless Shrimp” promotion, which used to be… Continue Reading…

Stocks

“Philips shares rocket 29% as firm settles U.S. respiratory device case”

“Philips shares soared to a more than two-year high Monday after the Dutch medical devices giant agreed to a $1.1 billion settlement in the U.S. for personal injury cases linked to the recall of some of its sleep apnea devices. Millions of… Continue Reading…

Real Estate

“U.S. home prices climb for seventh month in a row to a record high, Case-Shiller says”

“…Home prices in the 20 major U.S. metro markets were up 3.9% in the past 12 months ending in September. The August report saw a 2.5% rise in home prices year-over-year. A broader measure of home prices, the national index,… Continue Reading…

Banking, Investing

How To Make Money With Negative Yielding Japanese Bonds

“Money managers at BNY Mellon and Pacific Investment Management Co. have snapped up Japanese bonds. Both companies have made the country the second-largest geographic allocation in some of their biggest international fixed-income funds. Ordinarily that wouldn’t seem remarkable, but right now many of Japan’s… Continue Reading…