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Finance Stories

Amazon and Google face off — in the sky

Google (GOOGL) has now joined a small, but growing number of companies that are developing a drone delivery system. The tech giant revealed Thursday that it has tested a 5-foot wide single-wing prototype drone in Queensland, Australia this month. Last … Continue reading

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Amazon and Google face off — in the sky

Google (GOOGL) has now joined a small, but growing number of companies that are developing a drone delivery system. The tech giant revealed Thursday that it has tested a 5-foot wide single-wing prototype drone in Queensland, Australia this month. Last … Continue reading

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How a 15-Year-Old Investor Beat the Market

When Alice Finn, a veteran wealth manager, set up small investment accounts to help teach her two children basic investing principles, she never expected that she’d end up picking up some new ideas herself. When her 15-year-old son Michael Finn-Henry … Continue reading

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Hershey takes wraps off new corporate logo

HERSHEY, Pa. (AP) — The Hershey Company is rolling out a new corporate logo that features a freshly stylized version of one of its most famous chocolate products. The candy maker on Friday announced the new design, which adds a … Continue reading

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Oracle loses bid to restore $1.3 bln SAP verdict, could get new trial

By Jonathan Stempel and Dan Levine (Reuters) – Oracle Corp failed to revive a $1.3 billion jury verdict in its long-running copyright dispute with German software company SAP SE as a U.S. appeals court said Oracle must choose to accept … Continue reading

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Searching for the next Apple? Citi says look East

Investors who missed out on Apple’ (AAPL)s turnaround should check out Japan and Korea’s low-valued, “cash-hoarding” companies, according to analysts at Citi. Apple’s market capitalization broke back above $600 billion in the past month, regaining it the title of the … Continue reading

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What to know before taking out a peer-to-peer loan

Peer-to-peer lending giant Lending Club is gearing up to have one of the biggest tech initial public offerings of all time. But what’s all the fuss about, anyway? Here’s a quick rundown of how the P2P lending business works — … Continue reading

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Can auto and back-to-school sales carry the economy?

This weekend marks the unofficial end of summer, which means the warm, lazy days of August are over (though the SP crossing 2,000 and economic growth of 4.2% hardly warrant the use of ‘lazy’). It’s time to breathe some fresh … Continue reading

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Exclusive: U.S. options exchanges craft rules to fend off turmoil

By John McCrank NEW YORK (Reuters) – A year after Goldman Sachs (GS.N) bungled a software upgrade and lost tens of millions of dollars from unintended trades, the 12 U.S. stock options exchanges have crafted new rules for dealing with … Continue reading

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S&P 500 edges up to set new record; best month since Feb

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed out a strong month on a quiet note on Friday, with the SP 500 posting a modest gain to close at a new record as the latest positive data helped … Continue reading

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