A stumble may lead investors to sour on Lululemon Athletica, which reports quarterly results Monday.
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IAC Looks to Sell Newsweek
IAC/InterActiveCorp. is exploring a sale of Newsweek magazine, nearly six months after converting the magazine to a digital-only format.
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U.S. to Consider Selling TVA
The Obama administration suggested it would consider a sale of the Tennessee Valley Authority, surprising the federal corporation’s leadership.
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Ex-Goldman Trader Surrenders to FBI After Fraud Probe
A former Goldman Sachs trader surrendered to the FBI after he was accused last year by securities regulators of concealing a $8.3 billion futures position.
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Apple Cash Pile Sets Off Battle
Apple CEO Tim Cook is facing a new reality: delivering steady results from one of the world’s most valuable companies is no longer good enough.
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Apple Cuts iPhone Part Orders
Apple has cut its orders for components for the iPhone 5 due to weaker-than-expected demand, at a time when the U.S. company faces greater competition from rival Samsung.
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In Reversal, Cash Leaks Out of China
A Journal analysis of Chinese economic data suggests that capital is pouring out of the country—about $225 billion in the 12 months through September, equivalent to about 3% of China’s economic output.
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Private Sector Adds 162,000 Jobs, ADP Says
Private U.S. businesses added 162,000 jobs last month, according to payroll processor ADP, more than the 153,000 expected by economists.
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Moody’s: U.S. Rating Hinges on Budget
Moody’s said it could downgrade the U.S. government’s credit rating next year if steps aren’t taken to tackle the rising debt, in the latest reminder of the tense fiscal negotiations looming for Congress and the White House.
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Peter Thiel Sells Large Facebook Stake
Peter Thiel, Facebook’s earliest investor and a board member, has sold the majority of his shares in the social network, as restrictions on insider selling of the stock begin to lift.
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