The latest delay in the Keystone XL pipeline is all about politics, and not about the reality of pipelines, said John Hofmeister.» Read More
Gaming is one of the best-performing sectors recently. Investors, Wall Street and private equity are all eyeing these – supposedly – recession-proof stocks. The constant cash flow is pretty attractive, too. But what’s interesting is that casinos stocks seem to be on the rise despite some less than stellar earnings.
Lance Lee – CEO of Oneshare.com – was on "Street Signs" with Erin Burnett this afternoon. His company sells individual shares of a company – mainly as gifts from adults to children – complete with stock certificate, customized frames and engraved personalized messages. He says he started the company first because of the demand for a single share of...
U.S. Treasury Secretary Henry Paulson met with a number of CEOs from various industries in preparation for his trip to China next week. Myron Brilliant of the U.S. Chamber of Congress was there – and he was on “Street Signs” with Erin Burnett to talk about it.
According to a Mercer Investment Consulting study - 1/3 of pension funds invest in hedge funds. But are they safe investments? On today’s Street Signs Erin Burnett put that question to Damon Silvers, Associate General Counsel with the AFL-CIO and Cynthia Steer, Managing Director and Chief Research Strategist with CRA Rogers Casey.
Out of the frying pan: Today’s ban of trans-fats by New York City’s Board of Health was a perfect example of just how tension-filled the breaking news process can be. Producer Carol Berman kept us apprised via Blackberry of the agenda, and told us as soon as the vote to approve the ban passed.
Big money and politics now. The U.S. House of Representatives passed a bill today to spend some $1 billion on finding a cure for autism. The Senate is expected to pass the measure this week and send it on to President Bush. It's good news for advocates of autism research--but then again maybe not. Especially at this time of year.
Three weeks left until Christmas, and the pressure is on to put together a wish list for that favorite "techie." But what tech toys should be on your radar screen? On today's "Street Signs", CNBC’s Erin Burnett asked John Dvorak--technology columnist from Marketwatch
So, it took the torpedoeing of torcetrapib to get new Pfizer CEO Jeff Kindler to finally talk to us. He came on "Power Lunch" today for his first TV interview since taking the helm more than four months ago. A former litigator, he is media savvy, telegenic and a smooth-talker. I don't know why he didn't come on before he was put in the position of serious crisis management with a major hole to fill in the company's drug pipeline and about a ten percent decline in the stock price.
Yahoo's trying--but Wall Street's not buying. Investors are not impressed with the web firm's management shake-up. Although Yahoo says the move is designed the make the company more productive, investors are punishing the company - pushing shares lower. Why is the market turning a deaf ear to Yahoo’s optimistic overtures?
Ruth's Chris Steak House became Ruth's Chris Steak House--after Ruth Fertal bought Chris Steak House in New Orleans, Louisiana. That was in 1965 and she paid $22,000 for the restaurant (she combined the names). Now--the high end eatery has 100 locations around the world. And it seems the steak business is sizzling. The stock was up about 2 percent today.
Despite the fine weather in much of the nation--America's largest retailer can't seem to get out from under a dark cloud. On Closing Bell--CNBC's Liz Claman finds out why.
It's not only retailers who are closely watching Holiday receipts. Mall owners are keenly interested too. Their bottom lines depend on it.On today's Street Signs--CNBC's Erin Burnett spoke with two men who know the truth about the Holiday shopping season...the chiefs of two of the largest mall companies in the nation.
Are you keeping up with Wall Street? You may be one of the nervous investors this afternoon--as the major market indexes dropped in earlier trading. So-what's pushing the markets down?
We've been reporting--that the U.S. dollar continues to drop – it’s down 2% against the Euro just this past week. This isn’t a short-term decline as far as one strategist is concerned.
The holiday spirit may have been evident for those storming retail outlets over the weekend--but the same is decidedly NOT true for stocks. They are suffering through their worst day in at least 4 and 1/2 months.