Coverage: U.S. stocks erase gains
Stock market investors might be suffering from whiplash these days. The dollar is gaining in value, sending markets down and stocks giving up their gains from last year. Joseph Ciolli, Oliver Renick and Michelle Davis had this story for Bloomberg: The dollar’s ascent to highs not seen since the invasion of Iraq sent a shock […]
Coverage: New CEO at Credit Suisse
After weathering the financial crisis, Brady Dougan is now finding himself under scrutiny and is likely to be replaced by Tidjane Thiam, CEO of Prudential insurance. Swiss banks are coming under fire these days after several high-profile misdeeds. Laura Noonan and Patrick Jenkins had this story for The Financial Times: Tidjane Thiam, the current chief […]
Coverage: Apple Watch event Monday
Journalists spill a lot of virtual ink on Apple and the event to review the Apple Watch on Monday is no exception. But this new product is a big shift for the company, and could have far-reaching effects on fashion as well as technology. Writing for Reuters, Nandita Bose and Piya Sinha-Roy that the watch […]
Coverage: ECB ready to start stimulus
The European Central Bank will began buying bonds on Monday, but the bigger news is that the European economy seems to be improving. The Wall Street Journal story by Brian Blackstone had these details: The European Central Bank significantly raised its economic forecasts for this year and next in a sign of confidence that Europe—one […]
Coverage: McDonald’s eliminating antibiotics in chicken
In a move that will likely have far-reaching implications for the poultry industry, McDonald’s says it will stop serving chicken that was raised with antibiotics used on humans. Its competitors are definitely taking note. Stephanie Strom had this story for The New York Times: McDonald’s said on Wednesday that it would begin using chickens that are not […]
Coverage: Citigroup sells subprime unit
Citigroup agreed to sell its subprime lending unit for $1 billion, exiting the market that brought it so much pain during the financial crisis. Dakin Campbell and Matthew Monks had these details for Bloomberg: Citigroup Inc. agreed to sell its 103-year-old subprime lender OneMain Financial to Springleaf Holdings Inc. for $4.25 billion in cash, taking […]
Coverage: Google moves into wireless
Google now wants to be your wireless provider. But it’s not exactly what you think. They want to use the existing infrastructure to offer voice, data and everything else. The New York Times had these details in a story by Brian X. Chen: It’s official: Google wants to offer a wireless service, but not like […]
Coverage: What’s next for mobile Internet?
Last week, the Federal Communications Commission passed strong net neutrality rules that many say will create an open Internet for all users. But increasingly, the Internet isn’t just on desktops, it is on mobile devices, making the concept of net neutrality murky at best. The Time story by Haley Sweetland Edwards had these details on […]
Storyhunter is hunting the globe for stories
Alexander Ragir is a co-founder and chief operating officer of Storyhunter. A former foreign correspondent for Bloomberg News in Rio de Janeiro, he frequently contributed to Bloomberg Markets and Businessweek. He won the Overseas PressClub’s award in 2010 for best reporting in Latin America and the 2010 SABEW award for best international investigative story. He’s worked for the Associated Press in […]
Coverage: Fed sets stage to hike rates
Federal Reserve Board Chair Janet Yellen may have added some confusion into the debate over when the Federal Reserve will raise rates during her testimony to the Senate Banking Committee. She’s certainly making sure people have to pay attention to her comments. The Wall Street Journal’s long-time Fed guru Jon Hilsenrath had these details in […]