Pannysylvania Magazine

Stock headwinds persist despite rebound from tough start

A quick glance at the year-to-date performance of the Dow (+0.5%) and S&P 500 (-0.4%) camouflages what had been the worst-ever start to a year for stocks. But with Wall

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Is Microsoft in the Yahoo bidding hunt?

Microsoft (MSFT) is in preliminary talks with private equity firms about helping finance a bid to buy embattled Internet company Yahoo (YHOO), according to media reports. Private equity executives approached

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Hotel battle heats up: China’s Anbang raises offer for Starwood to $13.9B

The jockeying for Starwood Hotels & Resorts Worldwide continues. A group of investors, led by Chinese insurer Anbang, has raised its offer to buy the hotel operator to about $13.9

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China takes control of global silver prices

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s

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Apple-FBI duel is playing big at SXSW

From President Obama’s answer to a question on the topic following his keynote speech Friday, to an excoriated rebuke from U.S. Rep. Darrell Issa (R-Calif.) today, the privacy-vs.-national security debate

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Deutsche Bank cuts bonuses 17%, cites ‘challenging’ times

Deutsche Bank cut bonuses 17% last year, citing a “challenging” 2015. The bank also warned that 2016 is off to

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2016′s winner might shock you

Wall Street appears to have regained its mojo, with stocks in one month going from the brink of a bear

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Iran slowly increasing its oil market share

Iran is expected to raise the April Official Selling Price (OSP) of its flagship light crude oil to Asia to

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Nasdaq to acquire options exchange operator ISE for $1.1B

Nasdaq (NDAQ) has agreed to a $1.1 billion acquisition of International Securities Exchange, the Deutsche Börse Group-owned operator of three

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ECB effect: Dow, S&P 500 flat as Nasdaq slips 0.3%

U.S. stocks gave up early gains Thursday as investors digested an array of fresh stimulus measures from the European Central

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Judge tosses lawsuits against BP over drilling ban

In a decision that likely saves oil company BP billions of dollars, a federal district judge has dismissed hundreds of

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Qatar Airways announces new world’s longest flight

Qatar Airways formally announced plans for nonstop service between Doha, Qatar, and Auckland, New Zealand. The route would become the

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