When investors hear good news about a company, they generally buy the stock. Bad news? Sell. Reuters is rolling out a new service that tracks news about companies and can make automatic trades. Ashley Milne-Tyte has more.
Sam Zell has found quite a tax haven for his Tribune Company purchase. He's taking advantage of an unintentional loophole in an 11-year-old minimum wage bill that will allow the post-buyout Tribune to pay zero income tax. Zilch. Nada. Allan Sloan explains.
For years, a stock symbol of one to three letters suggested the company was listed on the New York or American Stock Exchange. Nasdaq-listed companies used four or five letters. But that may change. Amy Scott reports.
Yet again several public officials in Washington are embroiled in scandal. Yet again they've managed to hang onto their jobs. But dealing with controversy is a lot less complicated in corporate America, points out Robert Reich.