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Attention, Kmart Shoppers: Flat-Line Special
Chairman Eddie Lampert has chafed at the idea that Sears Holdings should spend more on marketing and store upkeep
More on Markets & Finance
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Elsewhere
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France's Champagne Harvest Shrinks Drastically
-
'Patriotic Millionaires' Push for Tax Rate Hikes
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More Small Retailers Sour on Daily Deal Sites
-
Bond Film ‘Skyfall' Reaps Record $88 Million
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The Kooks and Extremists
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How to Tell If Your Electronics Are Needlessly Complicated: The Mom Test
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What Is the Recipe for Victoria's Secret Success?
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Detroit's Border Baron Thwarted
Recent
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White House
Read Obama's Lips: Higher Taxes Coming for the Wealthy
Obama knows that if he sits on his hands, the expiring Bush tax cuts will give him needed federal revenue -
Banks
To Forgive Is Divine (Then Comes the Tax Bill)
Strike Debt wants to give you a bailout, but will tax issues get in the way? -
Energy
U.S. the New Saudi Arabia? Peak Oilers Scoff
The surge in U.S. production of oil and natural gas from shale is a flash in the pan, they argue -
Stocks & Bonds
In This Junkyard, It Seems, There Are No Dogs
"Lowering standards could end badly. It's called ‘junk’ for a reason” -
Stocks & Bonds
Shareholders Gorge on Payouts as Tax Hike Nears
Many companies are issuing special, one-time dividends, but they still have sizable cash hoards -
economy
Canada's Corn Belt Attracts the Hot Money
As temperatures moderate, more investors are backing corn in Manitoba, Saskatchewan, and Alberta -
2012 campaign
The Brutal Arithmetic of the Budget Deficit
Closing the budget gap will be more painful than anyone in Washington admits -
Investing
In Europe, Putting the Adventure Into Venture Capital
European investors brave strange cuisines and bad roads to scout for hot tech firms -
Real Estate
Dubai's Illusory Real Estate Rebound
Flashy new projects, including a supersize replica of the Taj Mahal, belie the market's overall weakness -
Investing
A Banner Year for Government Bonds
Low inflation and central bank buying spur gains in 26 markets -
Real Estate
401(k) Letting You Down? Try a Foreclosed Home
Retirement savers are putting money into rental properties -
Banks
Will London Lose Power to a Euro Bank Bloc?
A banking union on the Continent threatens the City's primacy -
Investing
Bid & Ask: The Deals of the Week
China Petroleum eyes Africa's oil; Humana moves into health-care delivery; and more -
Energy
Badlands Crude
A North Dakota Indian reservation has struck oil, taking in more than $500 million in revenue since 2008. So what's the problem?
Read
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Stocks & Bonds
Attention, Kmart Shoppers: Flat-Line Special
Chairman Eddie Lampert has chafed at the idea that Sears Holdings should spend more on marketing and store upkeep -
Real Estate
401(k) Letting You Down? Try a Foreclosed Home
Retirement savers are putting money into rental properties -
Investing
Charlie Rose Talks to Jeremy Grantham
GMO's co-founder finds that, overall, Democrats are actually pretty good for the economy -
Jim O'Neill: What You Should Invest $10 In, Now
Got some spare cash? Jim O'Neill, Goldman Sachs Asset Management chairman, reveals where he would park his ten dollar investment. -
He Started With a Billion: What's Left Now?
Vijay Mallya, chairman of Kingfisher Airlines, has put up $1.1 billion in personal guarantees in an attempt to save the airline. Some of the assets… -
Banks
To Forgive Is Divine (Then Comes the Tax Bill)
Strike Debt wants to give you a bailout, but will tax issues get in the way? -
Modernizing the World's Oldest Bank 500 Years On
As the world's oldest bank reported results today, Bloomberg explores how it is trying to break with its past to restore finances. -
Banks
Wal-Mart’s New Prepaid Card May Be the Best Deal Yet
American Express and Wal-Mart are offering a prepaid debit card aimed at luring customers away from banks -
Commodities
About That Gold Stored in Flood-Prone Lower Manhattan
The world's biggest pile of gold is in Manhattan—and still dry—due to a meticulous storage design -
Stocks & Bonds
Shareholders Gorge on Payouts as Tax Hike Nears
Many companies are issuing special, one-time dividends, but they still have sizable cash hoards -
Stocks & Bonds
In This Junkyard, It Seems, There Are No Dogs
"Lowering standards could end badly. It's called ‘junk’ for a reason” -
Legislation
How to Pay No Taxes: 10 Strategies Used by the Rich
A look at the shelters, dodges, and rolls—all perfectly legal—favored by America's wealthiest people -
Banks
American Express Wants to Be Your Banker
Its new prepaid card with Wal-Mart is another step toward its shift beyond charge cards to banking -
Commodities
The Oil Hub Where Traders Are Making Millions
There are 44 million barrels of crude parked in Cushing, Okla. Those who can move it—by truck, train, barge, or pipe—are making a killing -
Firms Replacing Derivatives Traders with Algorithms
Nov. 12 (Bloomberg) -- Bloomberg News' Mary Childs discusses the replacement of derivatives traders with machines. She speaks with Adam… -
Private Equity
Deep Thoughts With the Homeless Billionaire
Nicolas Berggruen has long been famous for having no home and throwing great parties. Now he'd like to save democracy, too -
Investing
In Europe, Putting the Adventure Into Venture Capital
European investors brave strange cuisines and bad roads to scout for hot tech firms -
Banks
Hungry for Income, Banks Flirt With Payday Lending
Hunting for new sources of revenue, banks offer short-term loans loaded with fees -
Real Estate
Dubai's Illusory Real Estate Rebound
Flashy new projects, including a supersize replica of the Taj Mahal, belie the market's overall weakness -
2012 campaign
Why Investors Are Fine With a Second Obama Term
Romney may be the obvious White House pick for stock pros, but the market seems to have made its peace with President Obama -
Commodities
Does the World Need Iran's Oil? Apparently Not
Sanctions against Iranian oil are taking hold just as the world is finding itself oversupplied -
Investing
Social+Capital, the League of Extraordinarily Rich Gentlemen
Some VCs are in it for the money. Some claim they're trying to save the world. Chamath Palihapitiya and his investors swear they're doing both -
Banks
Will London Lose Power to a Euro Bank Bloc?
A banking union on the Continent threatens the City's primacy -
Pssst! Wanna Go to College for Free?Businessweek - Business News, Stock Market & Financial Advice
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Alpha Investors
Ted Weschler: The Next Warren Buffett?
The Berkshire Hathaway investor could end up running the place -
The Smartest Superheroes Businessweek - Business News, Stock Market & Financial Advice
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Life-Stage Investing
If Only T. Boone Pickens Had Died
The billionaire had a plan that would enrich Oklahoma State University once he and other alumni passed on. They're still here -
Commodities
The Deadly Tin Inside Your Smartphone
On Indonesia's Bangka Island, tin miners labor under awful conditions for the solder that binds your favorite devices. And the death rate on the… -
Banks
Breaking the Rules? Don't E-Mail About It
Barclays' record settlement over manipulating Libor is a reminder that e-mail can come back to haunt you -
Wall Street Bonus Structure in Complete Overhaul
Nov. 13 (Bloomberg) -- Bloomberg's Michael Moore reports on the decline in the payout of Wall Street bonuses. He reports on Bloomberg… -
Real Estate
Private Equity Bets Billions on Foreclosures
Investors buy foreclosed homes. Managing them is the tricky part -
Banks
A Year After Durbin, Swipe Fee Battles Still Rage
Retailers, banks, and card networks are still grousing over how much is fair to charge for processing payments -
Hedge Funds
Dodd-Frank? Not Such a Drag After All
A survey of hedge fund managers shows the law requiring them to register hasn't had as big an impact as they had feared -
Facebook
Explaining Facebook's Epically Complex Stock Lockup
Last week's sell-off was just the start of insider shares heading to the market -
Regulation
The Peregrine Fraud Case Is Worse Than You Thought
New details indicate that regulators had evidence of Peregrine's fraud in 2011 -
Wal-Mart Surges as Economy Sputters
America's rocky economic times are proving a boon for Wal-Mart, the shopping home of the cash-strapped -
Target vs. Wal-Mart: The Next Phase
In the downturn, Wal-Mart's low prices have trumped Target's cheap chic. With a recovery on the way, the discount giants are readying for the next… -
Investing
Nelson Peltz Is Still Scaring Companies
The veteran raider is shaking up the management of his latest target, Legg Mason -
Banks
College Students Are Bearing More of the Tuition Burden
A new study finds parents pulling back -
NYC's Post-Hurricane Sandy Real Estate Recovery
Nov. 13 (Bloomberg) -- Atalanta Advisors Managing Director Rachel Gilbert Solomon discusses property damage in New York City. She speaks with… -
Investing
Fastenal's Runaway Stock Success
The hardware distributor's stock has gained more than 38,000 percent since 1987 -
Investing
Dan Zwirn, the Man Who Fell to Earth
At 33, Zwirn had a killer hedge fund and a $700 million personal fortune. At 40, he has his good name and a horror story about the cost of trying… -
Banks
The Echoes Between Student Loans and Mortgages
A new report by the Consumer Financial Protection Bureau sees an “uncanny” parallel between mortgage servicing problems and what student borrowers… -
Financial Aid
Student Loan Delinquencies Are Worse Than You Think
One in four of those who should be making student loan payments have fallen behind, a New York Fed study says -
Real Estate
Why Some Cities May Try to Seize Mortgages
A controversial plan in San Bernardino, Calif., would use eminent domain to reduce the principal on underwater mortgages -
Banks
Bank-Loan Funds: A Risky Reach for Yield
The high yields on offer draw investors to a product they may not understand -
New Credit Score System Finds Many Borrowers Less Risky
A new credit score shows about 44 percent of the population has stellar credit -
Investing
Are the BRIC Nations Cracking?
Signs of economic weakness in the once-robust growth bloc of Brazil, Russia, India, and China have made global investors wary -
Investing
A Banner Year for Government Bonds
Low inflation and central bank buying spur gains in 26 markets -
CEOs and the Pay-for-Performance Puzzle
Many shareholders and corporate boards agree that our system of paying CEOs is broken. How best to reward good corporate chiefs and discourage bad ones? -
Investing
Netflix Would Like Very Much to Change the Channel
Each succeeding loss of exclusive movie rights makes Netflix's library a little less special—and a little less alluring to subscribers -
Regulation
The Data Facebook Didn't Want to Share
The SEC forced Facebook to be more forthcoming about potential problems, but investors will be less protected once the JOBS Act goes into effect in 2013 -
Real Estate
Mortgage Help Turns Macabre for One Homeowner
One borrower's morbid story helps explain why 90 percent of the government's funds to help borrowers has yet to be used -
Real Estate
Grads Locked Out of the Housing Market
Graduates with median income but also median levels of student debt likely won't qualify for a typical mortgage -
Private Equity
KKR Struggles to Lure Money to a New Fund
After poor returns in private equity, investors have grown skeptical of megadeals -
Billionaire Ecclestone and His $400M Headache
Bernie Ecclestone is known as the "supremo" of Formula One. He now faces allegations of bribery and multi-million dollar demands for damages.… -
Investing
Confessions of a Reformed Stockbroker
Blogger and financial adviser Joshua Brown has written a book about cold-calling scripts and other secrets of stock peddlers -
In Hard Times, Dreams of Easy Money
Sales of metal detectors and lottery tickets rise as employment and average wages stagnate -
Managing Wall Street's 'Winner Effect'
Despite one meltdown after another, the denizens of high finance continue to make reckless bets. Is biology to blame? -
Stocks & Bonds
Jim Grant Questions KFC's China Strut
KFC has the biggest exposure to global emerging-consumer markets, with half of its stores in that universe—particularly China -
Stocks & Bonds
The Roaring Revenge of 'Investment Grade'
Thanks to brisk demand from investors, highly rated corporate bonds are enjoying their best stretch in years -
Investing
Bid & Ask: The Deals of the Week
China Petroleum eyes Africa's oil; Humana moves into health-care delivery; and more -
Investing
A Shortage of Bonds to Back Derivatives Bets
Banks offer to swap Treasuries for riskier bonds to fill the gap -
Stocks & Bonds
Bond Fund Investors Beware!
A rise in interest rates would inflict big losses on safety-seekers -
Management
Should We Abolish the Corporate Income Tax?
In other words: Is zero percent even better than 28 percent? -
Banks
A Bank CEO Thrives Far From Wall Street
Jim Rohr, chief of PNC, is the unBlankfein, the antiPandit -
Investing
U.S. Stocks Are Winning the Asset Race
Junk bonds and U.S. stocks are defying expectations -
Real Estate
Student Debt Is Stifling Home Sales
Grads with high debt can't get mortgages, even if they can afford them—another block to a housing recovery -
Investing
Move Over, BRICs. Here Come the MISTs
Goldman Sachs analyst Jim O'Neill touts a catchy new emerging-market acronym -
Banks
Why Hong Kong Banks Are Yearning for the Yuan
Competition for customers as China loosens monetary controls -
Banks
Is Wells Fargo Another Bad Actor in the Housing Crisis?
A federal lawsuit accuses Wells Fargo of collecting U.S. insurance from dubious mortgages it had issued -
Real Estate
Selling Luxury Apartments to Frugal Vietnamese
Vingroup's aggressive plans rely on moving investors out of gold -
"Buy Water, Help Children"Businessweek - Business News, Stock Market & Financial Advice
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Investing
U.S. Blue Chips Want You to Buy Their Debt
Ford, GE, and other companies are marketing floating-rate notes to individuals -
Stock Screen: Low-Beta BeautiesBusinessweek - Business News, Stock Market & Financial Advice
-
Stocks & Bonds
Ben Bernanke's Gift to Africa
As investors are forced out of U.S. Treasuries and into riskier emerging markets, many of Africa's stock markets are booming amid high economic growth -
Private Equity
Energy Future's Profitable Road to Oblivion
While the Texas utility is fundamentally insolvent, its buyout backers have profited handsomely from fees -
Banks
Welcome to Lehman Brothers. We're Open for Business
It's going to be liquidating some $39 trillion in assets until the year 2017 -
Econ 101 on Illegal ImmigrantsBusinessweek - Business News, Stock Market & Financial Advice
-
McDonald's: Winning a Hard-Times, Fast Food Fight
Promotions and international sales let McDonald's wow investors while shares of Wendy's and Burger King languish amid a U.S. hunger for jobs -
As World Millionaires Multiply, Singapore Holds Its Lead
Overall, global wealth grew fastest in the Asia Pacific region last year. North America came in second -
Management
Charlie Rose Talks to Sprint Nextel's Dan Hesse
The CEO discusses the benefits of his $20 billion deal with Japan's SoftBank—and foresees a future filled with more consolidation -
Banks
A Daunting To-Do List for Citigroup's New CEO
What Michael Corbat must do to get the bank back on track -
Investing
High-Speed Trading: My Laser Is Faster Than Your Laser
A new transatlantic cable makes high-speed trading even faster through shorter distances and better lasers -
Real Estate
Roadblock to Mortgage Refinancing
Lenders are still wary of heavily indebted homeowners -
Real Estate
Mumbai's Boom Turns Renters Into Millionaires
Tenants paying $20 a month or less get big payouts to move -
Banks
Private Student Loans Are Becoming More Competitive
Private lenders are moving into the market for fixed-rate student loans and starting to compete directly against government options -
Is Low-Cost Health Insurance Worth It?Businessweek - Business News, Stock Market & Financial Advice
-
Real Estate
Bill Miller's Housing Spree Pays Off
His Opportunity fund leads the pack with bets on homebuilders -
Investing
Asia's Rich Are Wary of Private Bankers
The region's self-made millionaires don’t want private bankers handling their cash -
Stocks & Bonds
We'll Soon Be Rid of AIG
AIG management has apparently regained enough confidence to target 2013 for reinstating a dividend -
Stocks & Bonds
Facebook: The Stock That Keeps on Dropping
Later this month a lot more shares will start coming onto the market -
Life-Stage Investing
The Man Winding Down Fannie and Freddie
Ed DeMarco says debt forgiveness would hurt retirees -
Stock Market Crash: Understanding the PanicBusinessweek - Business News, Stock Market & Financial Advice
-
Stocks & Bonds
Google’s Printing Mishap
The bigger worry is that Google missed on its earnings, badly -
Banks
Visa, MasterCard Swipe Fee Deal Keeps Status Quo
It's an open question whether a lawsuit settlement over "swipe fees" will lead to new charges for consumers
Shared
-
Stocks & Bonds
Attention, Kmart Shoppers: Flat-Line Special
Chairman Eddie Lampert has chafed at the idea that Sears Holdings should spend more on marketing and store upkeep -
Banks
To Forgive Is Divine (Then Comes the Tax Bill)
Strike Debt wants to give you a bailout, but will tax issues get in the way? -
He Started With a Billion: What's Left Now?
Vijay Mallya, chairman of Kingfisher Airlines, has put up $1.1 billion in personal guarantees in an attempt to save the airline. Some of the assets… -
Real Estate
401(k) Letting You Down? Try a Foreclosed Home
Retirement savers are putting money into rental properties -
Commodities
About That Gold Stored in Flood-Prone Lower Manhattan
The world's biggest pile of gold is in Manhattan—and still dry—due to a meticulous storage design -
Commodities
The Oil Hub Where Traders Are Making Millions
There are 44 million barrels of crude parked in Cushing, Okla. Those who can move it—by truck, train, barge, or pipe—are making a killing -
Firms Replacing Derivatives Traders with Algorithms
Nov. 12 (Bloomberg) -- Bloomberg News' Mary Childs discusses the replacement of derivatives traders with machines. She speaks with Adam… -
Investing
In Europe, Putting the Adventure Into Venture Capital
European investors brave strange cuisines and bad roads to scout for hot tech firms -
Stocks & Bonds
In This Junkyard, It Seems, There Are No Dogs
"Lowering standards could end badly. It's called ‘junk’ for a reason” -
Investing
Charlie Rose Talks to Jeremy Grantham
GMO's co-founder finds that, overall, Democrats are actually pretty good for the economy -
Stocks & Bonds
Shareholders Gorge on Payouts as Tax Hike Nears
Many companies are issuing special, one-time dividends, but they still have sizable cash hoards -
Real Estate
Dubai's Illusory Real Estate Rebound
Flashy new projects, including a supersize replica of the Taj Mahal, belie the market's overall weakness -
Investing
Fastenal's Runaway Stock Success
The hardware distributor's stock has gained more than 38,000 percent since 1987 -
Investing
A Banner Year for Government Bonds
Low inflation and central bank buying spur gains in 26 markets -
Why Gold is the Best Metal for Investors
Bloomberg's Zeb Eckert speaks to Natalie Dempster, director of government affairs at the World Gold Council. Dempster says that gold backed bonds… -
Legislation
How to Pay No Taxes: 10 Strategies Used by the Rich
A look at the shelters, dodges, and rolls—all perfectly legal—favored by America's wealthiest people -
Facebook
Explaining Facebook's Epically Complex Stock Lockup
Last week's sell-off was just the start of insider shares heading to the market -
Wal-Mart Surges as Economy Sputters
America's rocky economic times are proving a boon for Wal-Mart, the shopping home of the cash-strapped -
Modernizing the World's Oldest Bank 500 Years On
As the world's oldest bank reported results today, Bloomberg explores how it is trying to break with its past to restore finances. -
Stock Screen: Oil and Gas Transport Plays
S&P; believes these six high-yielding issues should be able to maintain their distribution levels this year -
Banks
Will London Lose Power to a Euro Bank Bloc?
A banking union on the Continent threatens the City's primacy -
Wall Street Bonus Structure in Complete Overhaul
Nov. 13 (Bloomberg) -- Bloomberg's Michael Moore reports on the decline in the payout of Wall Street bonuses. He reports on Bloomberg… -
How Do Private Foundations Invest Their Assets?
Nov. 12 (Bloomberg) -- Bloomberg's Su Keenan looks at how private equity firms are allocating their assets. She speaks on Bloomberg… -
Retiree Annuities May Be Promoted by Obama Aides
The government is looking at ways to promote the conversion of 401(k)s and IRAs into steady payment streams after a significant decline in plan balances -
Investing
Bid & Ask
Rosneft becomes as large as Exxon, Permira Advisers buys ANcestry.com, and an Irish-American cider merger -
Conspicuous Consumption Is Back
Subdued fashions of the recession years are fading as wealthy Americans again flaunt luxury purchases -
Boom: Goldman Sachs; Bust: Molson Coors
Oct. 1 (Bloomberg) -- On today's "Boom or Bust," Alix Steel, Adam Johnson and Josh Lipton look at stocks that are moving. They speak on… -
European Movers: GDF, Alitalia, TomTomBusinessweek - Business News, Stock Market & Financial Advice
-
Private Equity
Carlyle's Carve-Outs Are Back in Fashion
In buying pieces of conglomerates, the firm returns to its roots -
The Best Performers
Discussed
Most Popular
- How Often Do People Have Sex at the Office?
- Zuckerberg's Dorm Mate: $400M Mistake and No Regrets
- Base-Jumping Stunt Goes Horribly Wrong
- Read Obama's Lips: Higher Taxes Coming for the Wealthy
- Attention, Kmart Shoppers: Flat-Line Special
- What Is David Petraeus's Role in the New Call of Duty?
- Can't Get No Satisfaction: The B-School Happiness Index
- Dump Trump? Macy's Says No
- How Often Do People Have Sex at the Office?
- Shrink the Divide Between Sales and Marketing
- Can't Get No Satisfaction: The B-School Happiness Index
- Subj: E-Mailed Secrets Will Be Found Out
- Read Obama's Lips: Higher Taxes Coming for the Wealthy
- More Small Retailers Sour on Daily Deal Sites
- French CEOs: 'Help!'
Market Summary
| Nikkei | 8829.72 | 164.99 |
| Topix | 737.51 | 15.1 |
| Hang Seng | 21108.93 | -333.06 |
Stock Quotes
Recently in Markets & Finance
| C:US | 35.02 USD | -1.14 | |
| JLL:US | 74.11 USD | -1.40 | |
| GOOG:US | 652.55 USD | -6.50 | |
| DD:US | 42.26 USD | -0.65 | |
| MON:US | 83.84 USD | -1.35 |
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