China launches probe of Microsoft’s data practices, alleging “major problems”

The Chinese government expanded its probe of Microsoft’s business practices in the country, alleging “major problems” in the company’s electronic data. In a statement, China’s State Administration for Industry and

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Short seller flips, Lumber Liquidators soars

Shares of Lumber Liquidators Holdings (LL) soared more than 25% Tuesday after hedge fund manager Whitney Tilson reversed position and covered his short bet against the flooring retailer. The company’s

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2015 was good year for M&A-minded companies

Easy money, hunger for market share and increasingly open borders for global business have driven companies worldwide to pursue deals in the most heated mergers and acquisition year ever. The

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Stocks rise in attempt to break 3-day slide; oil drops again

Stocks rose Thursday as Wall Street attempts to halt its recent 3-day downturn despite another drop in oil prices. Investors have been confronting a variety of worries this week including

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Stocks’ win streak hits six weeks

Stocks ended mostly higher Friday and bond yields spiked after a robust October jobs report increased the odds that the Federal Reserve will finally pull the trigger and raise interest

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EMC shares spike on anticipated Dell buyout

EMC shares rose 4% in after-hours trading on Friday on a report from technology news outlet Re/code that Dell is offering $27.25 a share in cash and a tracking stock

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