14 January, 2015 by The TZ Newswire Staff Comments Off on Poor Retail Sales Spark Broad Market Sell-Off
Poor Retail Sales Spark Broad Market Sell-Off
The major indexes couldn’t catch a break again Wednesday, although the market shaved its losses in the afternoon. The Nasdaq was staring at a 1.4% loss, sparked by a poor December U.S. retail sales report. But a rebound in the final two hours of the trading day cut that decline to 0.5%. The S&P 500 fell 0.6% after being off as much as 1.7%. Volume edged lower on the Nasdaq but rose on the NYSE.
14 January, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Google sees self-drive car on road within five years
The Wall Street Journal: Google sees self-drive car on road within five years
A senior Google executive says he expects the first full autonomous cars to appear on roads within the next five years, and sees no regulatory hurdles to block them.
read more
14 January, 2015 by The TZ Newswire Staff Comments Off on Etsy’s own sellers unsure if they’d invest — in Etsy
Etsy’s own sellers unsure if they’d invest — in Etsy
While Etsy may be preparing for an initial public offering, many of its sellers are concerned and said they wouldn’t invest
read more
14 January, 2015 by The TZ Newswire Staff Comments Off on Top Whisper editor leaves after scandal
Top Whisper editor leaves after scandal
The editor-in-chief of the secret sharing app Whisper has left the company.
14 January, 2015 by The TZ Newswire Staff Comments Off on Wall Street slides as traders race to safe havens
Wall Street slides as traders race to safe havens
U.S. stocks skidded into the red Wednesday in volatile action as traders sought shelter in defensive sectors and Treasury bonds. Meanwhile, crude prices spiked in late trading.
14 January, 2015 by The TZ Newswire Staff Comments Off on Sling TV will need help to disrupt pay TV model: analyst
Sling TV will need help to disrupt pay TV model: analyst
The success of Dish Network’s new over-the-top service, Sling TV, will depend on networks willing to take a risk and a high level of online advertising, says media analytical firm SNL Kagan.
read more
14 January, 2015 by The TZ Newswire Staff Comments Off on BlackBerry bats away Samsung report; shares fall
BlackBerry bats away Samsung report; shares fall
BlackBerry stock skyrocketed after a report that the device maker had been approached by Samsung about a potential takeover.