Shareholder representing 4 funds seeks $8B General Motors stock buyback, seat on board
A General Motors stockholder representing four investment funds has told the company he'll run for its board and will propose an $8 billion stock buyback in 2016.
Quirky in-flight catalog SkyMall files for bankruptcy as passengers find new distractions
Apparently, airline passengers aren't buying enough garden gnomes, superhero pajamas and heated cat shelters.
CEO who led American Airlines through bankruptcy reorganization joins Wal-Mart board
The executive who led American Airlines successfully through bankruptcy reorganization but did not remain long after a huge merger with another carrier has joined the board of Wal-Mart.
TransCanada Launches Legal Action Over Keystone XL Rejection
TransCanada Corp sued the U.S government in U.S. federal court on Wednesday, alleging President Barack Obama's rejection of the Keystone XL pipeline exceeded his power under the U.S. Constitution.
Canadian Pacific Offers to Buy Norfolk Southern
Canadian Pacific Railway Ltd said it has offered to buy U.S. railroad operator Norfolk Southern Corp to create a transcontinental railroad.
Goldman: Buy United Tech Over Boeing
The brokerage swapped its rating on the two, upping United Tech to 'buy' from 'neutral' and axing Boeing to 'neutral' from 'buy.'
Expedia Plunges 24% as Big EPS Miss Spooks the Street
The online travel company's big earnings miss was sparked by rising competition.
E-Commerce Boom: A Blessing and a Curse for UPS
UPS saw e-commerce lift revenue in the 2Q, but the burgeoning business has also forced the company to spend more to bolster its network.
Priceline Rallies as Goldman Adds Stock to Conviction Buy
Priceline.com shares got a big boost on Wednesday from Goldman Sachs, which added the online travel booker to its conviction buy list.
Hedge Fund Titan Loeb Discloses Stake in FedEx
Daniel Loeb, founder of hedge fund Third Point, announced he has taken a stake in shipping giant FedEx and recently talked to its CEO.
Fiat Says CEO Marchionne Misquoted in Bernstein Report
The Italian automaker said a report by Bernstein Research mischaracterized a presentation by Sergio Marchionne, denying the CEO advised investors to avoid Chrysler's IPO.
After Model S Fire, Wall Street Throws Cold Water on Tesla
Traders continued to throw cold water on Tesla after seeing a video showing a Model S on fire, an incident that gave bears more reason to doubt the stock.
Tesla Shares Fall on Downgrade, Model S Fire
Tesla shares went into reverse after Baird unplugged its buy rating for the electric car maker.
Goldman Delivers Cautious Note on FedEx; Removes 'Buy' Rating
Just a day after FedEx impressed Wall Street with strong results, Goldman Sachs withdrew its 'buy' rating on the shipping giant.
Smaller retailers take page from Amazon, offer free shipping, price match to woo customers
Amazon.com's low prices and seemingly endless array of goods have made it the biggest online retailer in the U.S., commanding about 20 percent of all e-commerce.
How to Avoid Amazon and Still Get Deals
Amazon has a place in many Americans' lives because of its low prices and seemingly endless array of goods.
Airline Fees Cost Us $38 Billion Last Year - The Trend Toward Higher Fees Continues
Airline fees are getting higher and higher. Discover what those fees are paying for, and if they will persist.
How to Cancel Your Flight Reservations
Learn which airlines have the most generous cancellation policies, and how the 24 hour cancellation rule works.
4 Money-Saving Hacks From the Experts at Google Flights
Maybe you’ve heard that the magic hour is early Tuesday morning—or exactly four weeks ahead of your departure date.
The Rich Spend More on Mass Transit than the Poor
The USEEIA's recent survey showed that wealthier people spend more on public trasit options than the poor. Take a closer look at the surprising conclusions.















