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Yahoo CEO Marissa Mayer Punished for Security Breach

Yahoo! Inc. NASDAQ: YHOO Yahoo CEO Marissa Mayer and the company's top lawyer faced punishment after two massive security breaches occurred in 2014. The breaches exposed...
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Walmart Class Action Lawsuit Dismissed by Federal Judge

Wal-Mart Stores Inc NYSE: WMT A Walmart class action lawsuit was dismissed by a New York federal judge. The suit claimed Walmart defrauded shareholders. The company...
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Uber CEO Travis Kalanick Argued With Uber Driver

Uber CEO Travis Kalanick argued with an Uber driver over fares. Bloomberg published a video of the exchange. The CEO prefers to take a...
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Warren Buffett Cautious on U.S. Tax Reform

Warren Buffett suspects Republicans will face difficulty passing tax reform before summer's end. He believes getting the reform done fast will precede a big...
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Tesla Shares Fell Amid Model 3 Skepticism

Tesla Inc NASDAQ: TSLA Tesla shares fell as Goldman Sachs lowered its outlook for the company. An analyst at the bank dropped the company from neutral...
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Samsung Group Indictments Imminent

Samsung Electronics Co Ltd KRX: 005930 Samsung Group indictments are imminent. South Korean special prosecutors will indict Lee Jae-yong, the vice chairman of Samsung Electronics Co....
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Tesla Model 3 Poses Unique Challenge for Automaker

Tesla Inc NASDAQ: TSLA Some business writers believe the Tesla Model 3 may become the worst thing to happen to the automaker. The Tesla Model 3,...
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Berkshire Hathaway Annual Letter Gives Upbeat View of U.S.

Today, the Berkshire Hathaway annual letter sounded upbeat in defense of the American economy. Berkshire Hathaway gained higher quarterly profit. But operating income dropped. Buffett...
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VW Emission Scandal Does Not Hamper 2016 Profit

Volkswagen AG Preference Shares ETR: VOW3 Despite hardship and scandal, the VW emission scandal did not prevent the company from posting a profit last year. Car...
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Samsung Vice Chairman Held in Prison Cell

Samsung Electronics Co Ltd KRX: 005930 Samsung vice chairman Jay Y Lee remains imprisoned while questioning continues for alleged bribing of South Korea's president. But Lee...