Are you listening, Tom Hanks? One California high school has launched a campaign in hopes of getting the 59-year-old actor to attend their homecoming dance on October 9. Students…
This article is part of an on-going original series written by Caitlyn Jenner for WhoSay called “The Real Me,” which explores issues and people in the LGBT community. Hi friends!…
Hundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media said on Monday, even after hackers leaked data about millions of its clients. “Recent media reports predicting the imminent demise of Ashley Madison are greatly exaggerated,” the company said in a statement. “Despite having our business and customers attacked, we are growing.” On Aug. 18, hackers who claimed to
By Ritsuko Ando TOKYO (Reuters) – Toshiba Corp again delayed announcing its annual financial results on Monday, as new accounting errors prevented the company from drawing a line under Japan’s worst corporate scandal in four years. Toshiba, which was scheduled to post its earnings for the business year ended in March, said the newly discovered problems included incorrect impairment charges on fixed assets at several subsidiaries and improperly timed booking
By Sarah McBride and Heather Somerville SAN FRANCISCO (Reuters) – The waves of cash surfed relentlessly by some of Silicon Valley’s largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public. Investors have created 132 privately held companies valued at $1 billion or more each, according to tracker firm CB Insights, including ride-hailing service
As a marriage counselor years ago, Neil Clark Warren saw first-hand how incompatibility led to unhappy matches. “(The career market) is such a big market that we do expect it to grow faster than our core product,” the octogenarian clinical psychologist and eHarmony CEO said in an interview. The market is dominated by Barry Diller’s IAC/InterActiveCorp, owner of Match.com as well as other sites for the lovelorn.
(Reuters) – Investment firm Pleasant Lake Partners LLC offered to buy analog chipmaker MagnaChip Semiconductor Corp in a deal valuing the South Korea-based company at about $346 million. MagnaChip’s shares were up 5 percent at $8.12 in mid-morning trade. The $10-per-share offer of Pleasant Lake, which owns 9.9 percent of MagnaChip, is at a premium of 29 percent to MagnaChip’s Friday closing price.(http://1.usa.gov/1fRbi5p) MagnaChip’s chips are used in smartphones, tablets
U.S. stocks declined on Monday, the last day of trade for August, as investors eyed developments in China and the Federal Reserve.
Warren Buffett’s Berkshire Hathaway Inc disclosed a $4.48 billion stake in oil refiner Phillips 66 , rebuilding a bet it had made in the energy industry before oil prices fell. The 57.98 million-share, or roughly 10.8 percent, stake was revealed in a Friday night filing with the U.S. Securities and Exchange Commission. Phillips 66 shares closed Friday at $77.23.
For much of the past year the story has been the extremely low levels of volatility in the market, but that trend came to a screeching halt last week when the Chicago Board Options Exchange Volatility Index rose to levels not seen since the financial crisis. The VIX did fall back to the mid-20s by the end of the week, but Goldman Sachs is arguing that those levels are still too high.
