morgan walker

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Robert Redford Sues New York Over $1.6 Million Sundance Tax Bill

Robert Redford has sued New York State over a personal tax bill that goes back to 2005. Regarded as Hollywood royalty, the Sundance Film Festival founder, celebrated actor, director, and producer is generally considered the godfather of indie films. He has a Patrician air, a golden touch, and …

China Has Gone From Making The World's Stuff To Buying It

That shift has picked up pace in the last five years, says Robert Prior-Wandesforde, Credit Suisse's Head of Macroeconomic Research for Southeast Asia and India, who recently published a report entitled, "Asia: FDI Truths, Myths and Prospects." The latest catalyst, of course, was the global …

China

J.C. Penney, other stressed retail bonds are looking like a buy: Barclays - Behind the Storefront - MarketWatch

Credit markets tend to be segmented by how well underlying bonds are performing. There are the blue-chip corporate bonds that are making timely …

Why Delta\’s results bode well for the rest of the airline industry

3 Stocks To Watch This Week -- Cree, Starbucks, and Microsoft

The stock market is off the year end 2013 holiday rally mode and investors are watching a number of warnings, earnings misses and fresh layoff announcements. Misses at Citigroup and Royal Dutch Shell, warnings from Best Buy and hhgregg over the lackluster holiday season, and headcount reductions at …

Confessions of a Real-Life Bank of America Junior Banker

So how bad is it really for interns and junior bankers at investment banks that are putting limits on work hours? While working until 2 a.m. and on …

Yahoo COO Henrique De Castro fired for failing to boost ad sales

Yahoo’s CEO Marissa Mayer is known for making bold decisions.<p>Today in Yahoo’s latest installment of executive drama, Mayer got rid of Chief Operating Officer Henrique de Castro.<p>Recode published a leaked internal Yahoo memo from Mayer to her employees, where she said “I made the difficult decision …

J.C. Penney Cutting 2,000 Jobs, Closing 33 Stores

The post-holidays hard news continues for employees of some major retailers.<p>One week after discount retailer Loehmann's started liquidating its inventory and Macy's announced it is eliminating 2,500 jobs, there's word that J.C. Penney is cutting 2,000 jobs and closing 33 stores.<p>The retailer says …

Divers Capture What It’s Like to Almost Get Eaten by a Massive Whale

If you’re afraid of swimming in the ocean due to a fear of the unknown below you, you might want to skip over the post. A group of divers off the …

Rick Perry signs Texas abortion bill into law

<b>Amid protest and counter-protest, Texas Governor Rick Perry has signed one of the most restrictive abortion bills in the US.</b><p>Supporters prayed while critics chanted "Shame!" at the ceremony to sign the bill, which bans abortion after the 20th week of pregnancy.<p>The Republicans who backed the law say …