'It's a terrible way' to cut expenses, the legendary investor says. He also has some tough words for 'hand-wringing' CEOs.
Legendary investor Stan Druckenmiller says the US is heading for a 'storm' as millions of boomers threaten to suck the system dry.
The gems taken during the well-planned hit may not reach the market immediately, but those uncut stones are like unmarked currency.
Robbers nab $50 million in gems in a daring theft. The hit comes as some funds hope diamonds could be the next big thing for commodities.
Both chains have struggled against Costco and Amazon since the 2008 market crash, and they might announce a deal this week. Two probable results are closed stores and job losses.
He's one of three tycoons fighting over the stock. Intrigue around the multi-level marketer continues.
An internal memo says higher payroll taxes and delayed tax refunds are killing early sales for the month. The shares are the biggest drag on the Dow.
The electric-car maker defends its vehicle after a scathing newspaper report hurt the company's stock and credibility.
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