Archive for June 20th, 2014:

Google’s Nest Labs to buy Dropcam for $555 Million in Cash

Date: Jun 20 2014
Filed under: Company News, Google, Mergers & Acquisitions Bloomberg via Getty Images Google's (GOOG) Nest Labs will buy home-monitoring camera startup Dropcam for about $555 million in cash, technology blog Re/code reported on Friday, taking another step deeper into consumers' homes. Nest and ...Read More »

American Apparel Finds CEO Misused Funds; Helped Discredit Harassment Accuser

Date: Jun 20 2014
Filed under: Company News, Retail, Scandals and Lawsuits, CEOs Keith Bedford/Bloomberg via Getty ImagesDov Charney was removed this week as Chairman and CEO of American Apparel. By Nadia Damouni and Jeffrey Dastin An internal investigation at American Apparel (APP) has found that its ...Read More »

After Market: New Highs for Dow and S&P, but Tech Took a Hit

Date: Jun 20 2014
Filed under: Earnings, Market News, Investing Wall Street had another rising day, with the Dow Industrials and the S&P 500 reaching new record highs. But one tech stock tanked and the momentum took a bunch of others in the sector down ...Read More »

This Week’s Winners & Losers: Amazon Calls, Corinthian Falls

Date: Jun 20 2014
Filed under: Company News, Industry News, Automotive Industry AP/Tim Sharp There were plenty of winners and losers this week, with the leading online retailer introducing a smartphone and a former gold mine of a for-profit educator warning that it may have to ...Read More »

Nest to acquire security company Dropcam

Date: Jun 20 2014
Google-owned company reportedly acquires Dropcam for $555 million. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/RVMTS2LV--8/ Read More »

Bull finally firing on all three cylinders

Date: Jun 20 2014
All three major U.S. indexes end at all-time or multi-year highs for the first time in 2014. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/KXBqV7GWZYw/ Read More »