The criminal investigation that opened yesterday into GM's handling of an ignition flaw could threaten the company's turnaround, as well as the ability of new CEO Mary Barra to shift the former "Government Motors" into high gear.
U.S. markets opened lower Wednesday due to Chinese growth concerns. Shares of GM are down and the automaker may face criminal charges after the recall of 1.6 million cars.
Institutional use of bond ETFs is steadily on the rise, but the increase in flows is not displacing individual bonds or bond funds, says Stephen Laipply, Director at BlackRock.
Hedge fund manager Bill Ackman defended himself today against a NYT article accusing him of lobbying Congress in his ongoing war against Herbalife.
Irish whiskey is the fastest growing whiskey category in the U.S., growing over 18% over the last 3 years, and St. Patrick's Day is the biggest day of the year for Tullamore Dew.
U.S. stocks opened fairly flat Tuesday but J.C. Penney is up smartly after a Citigroup analyst recommended buying the shares because of its nascent turnaround.
Airline CEOs blamed the weather and its impact on their bottom lines at today's JPMorgan investor conference, but it hasn't grounded airline stocks, which continue to fly high.
Gil Van Bokkelen, CEO of Athersys says the company is making huge strides with patents in Japan and has successfully raised enough cash to carry it forward.
Sagent CEO Jeffrey Yordon anticipates a strong first quarter after seeing sales rise 20% in Q4 and says the company's new Chinese plant is already FDA-approved and manufacturing products.
The biggest lesson learned from the greatest traders of the past generation, including Jim Rogers, Marty Schwartz and Paul Tudor Jones, is not to be afraid to lose money.