thomson reuters

Year-End Tips to Trim Your 2012 Tax Tab

Year-end tax planning is trickier this time around: Unless Congress compromises, all the Bush tax cuts will expire when 2013 arrives, and many popular tax breaks that expired at the end of 2011 may not get revived. Here's how you can lower what you owe the IRS, regardless of what happens in Washington next month.

Hurricane Sandy Leads Companies to Postpone Earnings Reports

A number of major U.S. companies postponed quarterly earnings reports Monday as Hurricane Sandy bore down on the East Coast and financial markets were closed: Among the biggies waiting until the rain stops: Pfizer, Thomson Reuters, NRG Energy, and Martha Stewart Living Omnimedia.

Retailers Report Slower Sales Growth in Sept

Americans slowed down their spending in September as they took a pause after wrapping up their back-to-school buying, according to monthly reports from major retailers released Thursday.

Why Avon Will Never Be Great Again

Investors are starting to realize that when it's Avon calling, they probably shouldn't answer. The cosmetics company is unlikely to escape its steady decline, despite the unblushing optimism of Wall Street analysts.

Goldman Sachs Earnings: Expect Lower Profits

Goldman Sachs is expected to report a sharp drop in third-quarter earnings before Tuesday's opening bell, due to a decline in trading activity in a market that's been light on volume and volatility for months. Goldman is forecast to report adjusted earnings of $2.28 a share.

Consumers Lose Some Confidence in October

The Thomson Reuters/University of Michigan survey found that consumer sentiment slipped to 67.9 in October from 68.2 in September, as Americans continued to be reluctant about purchasing decisions amid uncertain income gains.

George Soros: No Doubt About a Slowdown

A widespread push for fiscal discipline is "the right policy at the wrong time," said famed investor George Soros at a Wednesday morning Q&A. He fears it will further depress a world economy already suffering from the blahs.

The Big Money's Ledbetter Lands at Thomson Reuters

James Ledbetter, the founding editor of the recently-shuttered business news website The Big Money, has landed a new gig. Ledbetter is headed to Thomson Reuters, where he'll editor in charge of Reuters.com.

Getting Smarter, Retailers Beat Expectations

Despite heat waves, penny-pinching parents and a weak job market, stores posted generally solid sales in August. They benefited from a sharper focus on inventory control, giving locals stores more say in merchandising and by using well-timed promotions.

CNN Drops AP: Old Media Models Vs. New Journalism

CNN has cut ties with the Associated Press, whose wire service has been a backbone of American news media for over a century. The move says volumes about how the news industry and its traditional business models are changing in the ever-accelerating information age.

Why Is Wall Street So Cold to Such Hot Earnings?

You'd never know it from recent equity action, but fourth-quarter earnings season has so far been remarkably strong. Apart from when the news is bad, earnings reports have gotten the cold shoulder from investors so far this season.

Thomson Reuters: Our Cafeteria Is Now Safe

Thomson Reuters, which has been under fire from the New York City Department of Health for running the dirtiest corporate cafeteria in the media, has reached out to employees with a memo saying it's cleaned up its act.

Retailers' Holiday Sales Were Just Good Enough

Strong online sales, picky late shoppers and targeted discounting helped lift December retail sales above last year's totals -- but it won't be enough to put 2009 in the plus column. January's clearance sales won't be much help either; they will be shorter and more thinly stocked this year.

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An arms race has begun in the secretive world of high frequency trading, the practice of making a high number of trades netting small gains that can...