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Bear market ahead? DJIA plunges 400 points, most sectors hit hard

Investors are already experiencing the kind of bear market nervousness they thought they'd left behind. The biggest villain in today’s Dow drop: High-fling UnitedHealth Group (symbol: UNH), off a painful $9.98 per share, with shares currently trading at $237 and change.

Disney, Macys, retail hammer lazy Wednesday markets

WASHINGTON, May 11, 2016 – Wednesday has been one of those days when the Maven actually sympathizes with the transparent hucksters, book-talkers and assorted blow-dry media types who are forced daily to blather on about this or that in order to feed that hungry and ruthless 24/7 cable TV-Internet-streaming video monster known as the “news ...

Amazon [AMZN] and Hachette bury the hatchet – for now

WASHINGTON, November 13, 2014 – According to several reliable sources, Amazon.com (AMZN) and the Hachette Book Group buried the hatchet today, striking a new pricing agreement and ending their longstanding impasse over the sales and pricing of both print and ebooks via the online retail giant’s website in the U.S. Under the ebook portion of ...

LivingSocial to close F Street event space in D.C.

WASHINGTON, February 3, 2014 – LivingSocial announced January 31 that they would be closing their event space at 918 F Street NW after they honor their current bookings. The closure will likely some time in April. Employees involved in this part of the company’s operations will reportedly be laid off or given jobs elsewhere in ...