Month: August 2013

A deal to take BlackBerry private could make sense from a financial standpoint, say private equity executives, though any such move won’t by itself make the smartphone company more competitive.

France’s finance minister says the economy is out of recession, part of a campaign by the French government to convince the public that a turnaround is underway.

Students heading back to college this fall will save thousands in interest charges on their loans after they graduate, as President Barack Obama signs into law a rare bipartisan compromise. (Aug. 9)

Bill Ackman, J.C. Penney Co Inc’s top investor, fired back at the retailer’s board, requesting that it meet as soon as possible so it can decide on matters including a new chairman.

Uttarakhand chief minister Vijay Bahuguna met Finance Minister P Chidambaram with an aim to seek issuance of certificates for the missing people.

J.C. Penney Co Inc is searching for a new chief executive to replace Myron Ullman, with top investor Bill Ackman pushing to have one named in 30 to 45 days.

CNBC reported that struggling J.C. Penney has begun search for a new CEO,to replace returning Chief Executive Mike Ullman

Tesla is the feel-good stock story of the year.. The stock is up more than 360% in one year. Yahoo! Finance Senior Columnist Michael Santoli says Wall Street is all in: “I do think it’s all about willingness to believe. The market is basically ratifying the whole phenomenon of Tesla”

The delinquency rate on U.S. home mortgages fell in the second quarter to the lowest since mid-2008, a fresh sign the housing market recovery is gaining traction.

Warning the service tax defaulters, Finance Minister P Chidambaram on Thursday said after launching the logo of VCES (Voluntary Compliance Encouragement Scheme) that this is an opportunity for all the defaulters to put the past behind and come clean and save themselves from any prosecution and humiliation.