Thursday, December 11, 2014

RadioShack's losses mount, Google News shutters in Spain, November's retail sales strengthen

THE FORTUNE DAILY

Thursday, December 11, 2014

Two insider trading convictions overturned in key ruling


Two investment fund portfolio managers, Todd Newman and Anthony Chiasson, will walk, as an appeals court makes future prosecutions of 'remote tippees' unlikely.

Magic Johnson's business advice


Magic Johnson, NBA Hall of Famer and recipient of this year's of Sports Illustrated Sportsman of the Year Legacy Award, tells Sports Illustrated's Maggie Gray what his advice to athletes looking to enter the business world is.

November's retail sales were the strongest in eight months


Sales accelerated from the more muted results that have been reported the past few months.

RadioShack unveils a cost-cutting plan as its losses deepen


The beleaguered electronics retailer has unveiled a cost-cutting plan, and a 16% drop in net sales.

Google News shutters in Spain in response to 'Google Tax' law


Search giant will close shop in Spain before a new intellectual property law goes into effect next year.

By Ben Geier

Why are SUVs so popular? It has nothing to do with gas prices


The bigger cars are just more popular, and that's unlikely to change.

By Michal Lev-Ram

Why Apple-IBM mobile apps could be really good for IBM


They are "an opportunity to create something different," Apple's Phil Schiller says. Which is exactly what IBM needs.

By Tom Huddleston, Jr.

What you need to know about Uber's latest controversies


Two lawsuit against Uber in California are just the latest battle for the ride sharing service.
Wealth-X offers digital 'who's who' of the rich and not necessarily famous
Starboard builds stakes in Staples, Office Depot, setting up a potential merger
Huddle raises another $51 million for business collaboration
Downward dog? Lululemon offers a disappointing holiday outlook
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