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Does Rand Pauls Rise Signal A Broader Libertarian Moment
U.S. Senator Rand Paul (R-KY). (Image credit: Getty Images via @daylife) Libertarianism, thanks, among other factors, to the emergence of leading presidential candidate Sen. Rand Paul, is coming to the fore. It is presenting itself in fresh, less eccentric, and increasingly attractive ways. Moderate libertarianism may be capturing the fancy of an overtaxed, fed-up-with-debt-fueled grandiose ...
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Consumer Spending to Pick Up Survey
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4 percent this year and 3 percent next year. That's unchanged from their forecast in February. But they are more bullish on consumer spending and housing than they were three months ago, ...
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JPMorgan shareholders ready to grill the board
Dimon's day of reckoning but shareholders are hoping to also get a chance to grill the board . "The board needs to show us that they are more than just a rubber stamp on what Jamie Dimon wants," said Michael Mayo, a bank analyst at CLSA. "Shareholders have one chance each year to ask them questions." Critics say that the board failed to properly monitor risk-taking ...
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Danone looks to milk China demand surge
Danone has struck two deals with the China Mengniu Dairy Company in a bid to take advantage of surging demand for internationally-branded milk and ...
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Europe Markets Europe stocks slip as miners slump
LONDON (MarketWatch) -- European stock markets tracked U.S. stock futures lower in choppy trade on Monday, with mining firms dropping after broad-based losses in metals ...
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Indications Stock futures flat with Fed speakers on tap
MADRID (MarketWatch) -- U.S. stock market futures pointed to a flat open on Monday, with investors seen taking a breath after a blockbuster prior week. There's no data on the calendar, though Chicago Federal Reserve President Charles Evans is due to speak and Dallas Fed President Richard Fisher spoke in an ...
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Microsoft to unveil new Xbox Tuesday
Microsoft will unveil its new Xbox on Tuesday. What's underneath the hood of the latest videogame console represents a multiyear odyssey of trying to figure out how to keep the machine "cool" in the age of smartphones and tablets. Since the last Xbox debuted in 2005, Microsoft has produced multiple prototypes for a new console and experimented with different technologies for it, ...
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Chesapeake names Anadarko executive as new CEO
The appointment of the 46-year-old Lawler comes after a tough year for Chesapeake. Its former CEO Aubrey McClendon was ousted last year amid a scandal over his personal investments in the company's oil and gas ...
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Actavis buying Warner Chilcott in $8.5B deal
NEW YORK -; Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the ...
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Effector Therapeutics raises $45 million
Effector was founded on technology licensed from UC San Francisco. The company is developing small-molecule drugs to block protein synthesis mechanisms required for cancers caused by certain malfunctioning oncogenes. Effector will also use the protein synthesis technology later in other areas, Worland ...
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Forbes 400s Brad Kelley And Calumet Farm Win The Preakness
Forbes 400 's Brad Kelley and his Calumet Farm their first Grade II victory when they won the Dixie Stakes at Pimlico Race Course; in the same race, Kelley's 2012 Kentucky Derby runner Optimizer finished third, missing second place by just a head. "Skyring won the Dixie, and we almost ran 1-2," said Calumet farm manager Eddie Kane on Sunday. "That would have been enough ...
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Why Leaders Must Get Real - 5 Ways To Unlock Authentic Leadership
"Engaging authentically with those around you is the first task of genuine leadership." - Margie Warrell Leadership is far less about what you ...
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Extending the 3DS XL Battery Life Without Compromising the Design
3DS XL Mugen battery is one of the first products to increase the life of the larger handheld. It claims to offer 20 hours of charge time. I tested this claim and had a closer look at the build quality and ...
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Google Cant Be Tax Avoiding Because Theres No Such Thing As Tax Avoidance
Eric Schmidt , popped up in The Observer yesterday to explain the company's actions. In it Schmidt makes a couple of points that support a long running contention of mine: there is no such thing as tax avoidance. That's an extreme view in the current intellectual climate, certainly, but it has the merit of actually being true even if extreme. Schmidt ...
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Who Scares The Super-Rich Most
The super-rich with a net-worth of US$500 million or more, by definition, have money. They also are very likely to have connections resulting in business and political clout. However, none of this means that the super-rich are safe. On the contrary, there are institutions and people that can easily put them on edge - that scare them. The following are admittedly broad generalizations based on ...
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QE Halt Too Violent for Market Feds Fisher
Federal Reserve should not go from "wild turkey" monetary policy to "cold turkey" overnight, Dallas Fed President Richard Fisher told CNBC on Monday, saying that when to dial back is the key because stopping would be "too violent for the market." Fed ...
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Shrinking U.S. deficit reduces pressure for budget deal
By Jason Lange and David Lawder WASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform safety net spending programs appear to be fading. ...
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In retirement can more debt be wise
Other seniors are converting a primary home into a rental property and obtaining financing for a second retirement home, he added. "For high-end borrowers that usually have other assets accumulated at retirement, being debt-free is more of a matter of choice," Padilla ...
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Paul B. Farrell 12 reasons X-Prize billionaires are cheapskates
SAN LUIS OBISPO, Calif. (MarketWatch) -- Yes, X-Prize billionaires are failing their mission: "Making the Impossible Possible." Now they need at least $10 trillion to save the world, and a far grander vision, the new ...
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Keynote Speaker CEOs serve investors with ‘conscious capitalism’
Our five pay-what-you-can cafes -- in St Louis, Boston, Chicago, Dearborn, Mich. and Portland, Ore. -- bring in enough donations to cover 70% to 80% of the retail cost of the food. This year, these five locations will serve more than one million ...
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Jeff Reevess Strength in Numbers China’s troubles will hit these stocks hardest
If that's not enough for you, feel free to surf around for more troubling macro data. But rather than just spit out data,I'll focus on specific stocks and sectors that are at risk to help you protect your ...
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Jennifer Waterss Consumer Confidential Get ready to pay more to fly
Beginning this summer, Frontier will require passengers who bought tickets through a third party to pay carry-on baggage fees of up to $100. That's right, for carry-on bags. The goal here is for travelers to bypass discount online providers like Expedia, Kayak or Hotwire, not to mention travel agents, in favor of Frontier's own booking ...
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Prosecutors weigh criminal charges in SAC probe
U.S. prosecutors are considering possible criminal charges against SAC Capital Advisors LP as a result of the government's insider-trading investigation of the hedge-fund firm, according to people familiar with the ...
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Outside the Box Turning clicks into bricks — and dollars
Not long ago, traditional retailers were doing everything they could to cultivate an online presence -- and for good reason. The market was exploding and the Internet was the logical place to expand a retail business. Now, as more online retailers branch out into "physical" retail stores, they come armed with something many longstanding brick-and-mortar shops lack: huge amounts of data ...
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Yahoo-Tumblr 7 ways to evaluate the union
More profit Tumblr may add a few percentage points in quarterly revenue in the next year, and potentially a few drops of profit, but not enough to move the needle unless the service continues its user growth rate and increasing rate of revenue growth. The real profit will come as Tumblr scales and improves its ad targeting, which Yahoo's technology can help nurture. In addition, Tumblr ...
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