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September 11

Reflecting On The Towers: At The Center Of The World

Originally viewed in the 1970s as a project that added too much office space to Lower Manhattan, the Twin Towers of the World Trade Center became a symbol not only for New York, but for the United States, for capitalism, for the cosmopolitan / urban life, for modernity itself.
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Pandora Media Shares Plunge 21% On Rumored Apple Rivalry

Shares of online radio broadcaster Pandora Media Inc. (NYSE: P) plunged nearly 21 percent on reports that Apple (Nasdaq: AAPL), the world's most valuable technology company, would launch a competitive service as early as next quarter.
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Hertz Buying Dollar Thrifty For $2.3B

Rental-car company Hertz Global Holdings Inc. (NYSE:HTZ) is buying rival Dollar Thrify Automotive Group Inc. (NYSE:DTG) for about $2.3 billion in cash to increase its global reach.
Saks Fifth Avenue

Wealthy Buyers Prop Up Sales At Saks, Michael Kors

Saks Inc. (NYSE: SKS) and Michael Kors Holdings Ltd. (NYSE: KORS) are both benefitting from wealthy consumers, offsetting global economic turmoil and an uncertain U.S. economy, the companies said Tuesday.
Knight Capital

Knight Capital's Woes Continue as Stock Plummets, Issues Defect Market Marker

Knight Capital Group Inc. (NYSE:KCG) saw shares in the company drop precipitously early Monday -- at one point losing over 7 percent of their value -- as the bruised-up broker-dealer continued to pick itself up less than two weeks after a trading algorithm gone berserk saddled the firm with $440 million in losses.

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