Market & Money Archive

Mexico Passes Bill Opening Oil Industry To Foreign Investors

Mexico’s Congress voted Thursday, December 19, to approve a bill to open the country’s moribund state-run oil industry to foreign and local investors, casting aside nationalist opposition to approve the most dramatic energy reform in more than

21st Century Fox Reports Low Profits For 1st Quarter

Entertainment giant 21st Century Fox said that its investments in starting new channels including Fox Sports 1 and the FXX channels lowered its profit numbers in the first quarter of this fiscal year. Net income for the

Australian Dollar Rises While Euro Hits A Six-Week Low

Euro hits its six-week low after experiencing the biggest drop last week. To shore up growth, the European Central Bank is pressured to reduce interest rates. Lowest Value The Euro slid under chart support about $1.3460/80. On

Fox Exec. Hopkins The New CEO Of Hulu

Fox Executive Mike Hopkins was named as the CEO of Hulu on Thursday. With this announcement, the online video service has ended months of speculation as to who will helm the company as it embarks on a

Apple Ranked World’s No. 1 Brand

Interbrand’s annual Best Global Brands list named Apple Inc as the world’s top brand, ending Coca-Cola’s 13-year run as the most valuable brand on the highly regarded yearly list. Tech brands continue to dominate Interbrand has a

Microsoft Wants To Buy Your iPad For Gift Cards

After recruiting Siri to bad-mouth the iPad, launching an iPad comparison site, and picking on the iPad mini, Microsoft is not yet finished as it now wants to buy your Apple tablet. The Surface maker has launched