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Golfer Phil Mickelson has been named in an insider trading case brought forward by the Securities and Exchange Commission Thursday morning, according to a filing. Mickelson received insider tips from sport bettor Billy Walters, one of the co-lead defendants in the case, regarding Dean Foods. Walters received his information from Dean Foods chairman Thomas Davis, the other co-lead defendant. […]
Duties on Chinese steel have increased by 500% after a spat between the US and China on Wednesday led to a quick increase in the cost of importing the product. Chinese cold-rolled steel is used to make appliances, cars, and electric motors. The cost of importing the steel occurred following a ruling by the US […]
Baseball players make a lot of money. When a player signs a shiny new contract, it’s always fully guaranteed. Giancarlo Stanton of the Miami Marlins is currently playing under a $325 million fully guaranteed contract. What exactly does Stanton get paid all that money for? Simply put; to hit home runs. This season alone he is projected to […]
When Twitter announced in January that it was considering the removal of its 140-character limit, the company’s biggest power users said they would revolt. Now, in place of removing that character limit, the company is planning to no longer include web links or photos in the character count, according to a report by Bloomberg’s Sarah […]
The Obama administration has stepped in to help negotiation terms in the Verizon strike that has lasted for more than a month. US Labor Secretary Thomas Perez said the leaders of the unions that walked off the job on April 13 have agreed “to return to the bargaining table on Tuesday” with Verizon executives “to […]
Anybody who is serious about doing well in the business world knows that they need to always be learning from those who have come before them. We all have read countless business books that each offer their own unique way of selling us on how to prosper in the crazy world of entrepreneurship. But which of […]
Gold climbed above $1,300 a troy ounce on Monday, a move that was helped along by a weak dollar and investment inflows. Gold moved up 0.7% from its previous close to end up at $1,302.13 a troy ounce. The price of gold hovered close to $1,300 earlier in the year, but failed to keep its […]
Buffalo Wild Wings just reported a wildly disappointing first quarter with same-store sales down 1.7%. That despite the fact that the end of the football season and March Madness both occurred in the quarter. Now the company is hoping that a different type of sport can help bolster sales — soccer. “Soccer is a growing […]
The 40 largest publicly-traded US oil companies lost a combined $67 billion in 2015, according to Energy Information Administration research. Those losses are expected to continue in 2016 as oil prices remain near $42 a barrel. Losses surpassed $1 billion each for many companies including EOG Resources, Devon Energy, and Linn Energy, among others. The EIA […]
Google is planning to keep its talent closer to home by creating an in-house startup incubator for its most entrepreneurial employees, according to a report by The Information. The incubator is called “Area 120” and will be headed up by Google executives Don Harrison and Bradley Horowitz. Here’s how Area 120 is setup: Teams at Google will […]
Billionaire Richard Branson has started over 100 businesses since he was 16. Almost all of them were successful, but to date, at least 15 have failed. It’s not surprising that some of Brandon’s businesses failed. After all, the billionaire has always thought big and says that he lost count of the number of times he […]
A new study from Hired, a career marketplace, has found that entry level millennial women are more likely to ask for a higher salary than their male counterparts and female employees from older generations. The study found that young millennial women ask for 2% higher salaries than men. Hired found that final salaries for junior women […]
