Category Business

Costco is testing a new store entry system

Costco is testing a new store entry system

New York CNN — Bad news if you’re ditching someone else’s Costco membership: The retail giant is cracking down. When you enter Costco, you must show an employee your membership card to shop. Costco membership cards are non-transferable, but the…

Goldman Sachs holds bearish at end of turbulent year

Goldman Sachs holds bearish at end of turbulent year

Goldman Sachs on Tuesday reported flat profits for the second straight quarter, marking a return to form for the bank that has suffered from management missteps that tarnished its once untouchable reputation on Wall Street. The bank’s fourth-quarter profit of…

Judge blocks JetBlue from acquiring Spirit Airlines

Judge blocks JetBlue from acquiring Spirit Airlines

A federal judge on Tuesday blocked JetBlue Airways’ proposed $3.8 billion acquisition of Spirit Airlines, a victory for the Justice Department, which said the deal would hurt travelers. In his 109-page ruling, Judge William J. Young of the US District…

US stocks fall to start a four-day trading week

US stocks fall to start a four-day trading week

Small stocks have been the craze on Wall Street over the past couple of months. In fact, according to the latest survey of fund managers by Bank of America, investors haven’t been this bullish on small stocks in nearly three…