Leslie Alexander, the owner of the Houston Rockets, announced earlier this week that he was putting the franchise up for sale. Alexander, who purchased the Houston Rockets for $85 million more tha...
In July of 2017, James Harden of the Houston Rockets signed a "supermax contract" via the Designated Veteran Player Extension. As part of the new NBA CBA (Collective Bargaining Agreement), teams will ...
We made a mistake. This is essentially what Morgan Stanley had to say about Snap Inc., the parent company of Snapchat, earlier today when they downgraded the stock from their equivalent of buy to ...
It's an almost unbelievable number - according to reports, there are roughly 80 million US households that currently pay $99/year for an Amazon Prime membership. As Recode.net points out, this mea...
Earlier this morning, Tesla CEO Elon Musk revealed that the company's Model 3 had passed regulatory requirements two weeks ahead of schedule and that the first vehicles would be rolling off the assemb...
Jury selection started for the trial of Martin Shkreli earlier today. Shkreli, who is often referred to as the "most hated man in America", is facing a number of securities fraud charges. The SEC ...
Warren Buffett, CEO of Berkshire Hathaway and the "Oracle of Omaha", has spent over 50 years of his life carefully cultivating his reputation. Buffett is seen as the gold standard in the investmen...
As part of their "180 Days of Change", Uber revealed earlier today that they are rolling out the ability for riders to tip drivers via the Uber app. This technology is now available in Seattle, Mi...
Earlier today, Amazon.com shocked the world when they announced that they would be purchasing Whole Foods for $13 billion. The news of the purchase sent the markets reeling, as Walmart, one of the...
According to a recently released Forbes.com article, the mega-rich in the United States are stockpiling millions of acres of land, mainly in states such as Montana, Texas and Wyoming. John Malone,...
After taking out the $3,000 USD/coin level for the very first time earlier today, Bitcoin proceeded to drop by $500 a coin over the course of just eight hours. Bitcoin, which is the world's larges...
Was it algorithmic traders all selling at the same time, creating a mini "Flash crash"? Profit-takers? People late to the party getting out? On Friday afternoon, the NASDAQ sold off inexplicably. T...
The highly anticipated third straight battle between the Golden State Warriors and Cleveland Cavaliers in the NBA Finals is drawing very strong ratings for ABC, though can the Cavaliers make the serie...
The US unemployment rate dropped to 4.3% in May, according to the most recently released jobs report from the Bureau of Labor Statistics. The 4.3% unemployment rate essentially means that the Unit...
Earlier today, President Donald Trump followed through on a campaign promise after he announced that the United States would be withdrawing from the Paris climate deal. This means that just three coun...