Mike Newhouse

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Stock Markets

Deadly attack on UN convoy in Mali

Two drivers have been shot dead in an attack on a peacekeeping supply convoy in northern Mali, the UN mission has said.<p>The assailants stopped the convoy some 15km from the main city of Gao and "coldly killed two of the drivers" in the attack on Friday, the UN Mission in Mali, known as MINUSMA, said …


Macy's Shares Slide As Retailer Plans Restructuring And Store Closures

Macy’s is getting a little bit leaner: the retailer announced Thursday afternoon that it plans to shed jobs, close 14 of its stores and restructure its marketing and merchandise operations, moves that it says will save $140 million starting this year. But investors are jeering the move — …

Same-Store Sales

FHA to lower cost of mortgage insurance

In an effort to make owning a home more affordable, the Federal Housing Administration will dramatically cut the costs associated with the mortgages it backs.<p>Premiums for FHA mortgage insurance, which is designed to protect the agency in case a borrower defaults on a loan, will be cut from 1.35% of …

Real Estate

Hedge Fund Warns Yahoo's Marissa Mayer: Alibaba Riches Belong To Shareholders

When Alibaba completed its blockbuster IPO in September, the clock started ticking for Yahoo and Chief Executive Marissa Mayer on how to efficiently monetize the company’s remaining stake in the Chinese Internet company. Three months and change later, and one of Yahoo’s biggest shareholders is …

The Surprising Link Between Gut Bacteria And Anxiety

In recent years, neuroscientists have become increasingly interested in the idea that there may be a powerful link between the human brain and gut bacteria. And while a growing body of research has provided evidence of the brain-gut connection, most of these studies so far have been conducted on …