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Wall Street Rises On Tech Strength; Investors Watch Dollar

U.S. stocks were higher on Tuesday, lifted by strength in technology shares, but the S&P 500 and Nasdaq were on track for a negative month in September. Major indexes fluctuated between positive and negative territory, with analysts citing concerns about...

EBay Follows Icahn’s Advice, Plans PayPal Spinoff In 2015

EBay Inc (EBAY.O) plans next year to spin off PayPal, its fast-growing payments business, giving in to activist investor Carl Icahn's argument for a leaner company better equipped to compete in the competitive mobile payments market. EBay's shares rose as...

Walgreen Posts Highest Quarterly Sales Growth In 3 Years

U.S. drugstore chain operator Walgreen Co reported its biggest jump in quarterly sales in three years, helped by higher prescription sales, sending its shares up more than 3 percent in premarket trading. The company posted a better-than-expected 6.2 percent rise...

EU Says Ireland Tax Deal With Apple Was State Aid

The European Union has accused Ireland of giving Apple Inc. state aid by letting the iPhone maker shelter profits worth tens of billions of dollars from tax, in return for maintaining jobs. European Competition Commissioner Joaquin Almunia told the Dublin...

Airbus Wins European Approval For Its New A350 Jet

Planemaker Airbus won European safety approval on Tuesday for the A350, clearing the main regulatory hurdle before its newest and most technically advanced jet can start flying passengers. The European Aviation Safety Agency said Airbus, the planemaking unit of Airbus...

Ekiti Crisis: PDP Seeks Full Investigation

…Says No Going Back On Fayose's Inauguration BEVERLY HILLS, September 30, (THEWILL) - The Peoples Democratic Party (PDP) has alerted the nation of what it described as a very dangerous and anti-people design by the All Progressives Congress (APC) to influence...

EFCC Arraigns Man For Issuance Of Dud Cheque

SAN FRANCISCO, September 29, (THEWILL) – The Economic and Financial Crimes Commission, EFCC, on Friday, September 26, 2014 arraigned one Christopher Nduka before Justice Tukur Muhammed of Kaduna State High Court on one count charge bordering on issuance of dud...

OPINION: BEHIND THE ‘INVISIBLE HAND’: WHY ECONOMIC IDEAS STILL MATTER (2)

From the first edition, we saw the development of the ‘invisible hand’ theory by Adam Smith during the 18th century. The theory of ‘Invisible Hand’ states that if each consumer is allowed to choose freely what to buy and each...

OPINION: CAMEROON: NIGERIA’S LYING NEIGHBOR

There is a long history of French betrayal, including in the Nazi wars. And these were not only of foreigners but also of friends and family. I am definitely not going to stereotype a people or nation based on...

OPINION: OGUN 2015: THE PEOPLE, POLITICS AND POWER

Before now, I have always asked if Ogun State APC will be mature enough to manage its success, recent happenings are increasingly pointing to the fact that APC may not be mature enough to manage its success in the...

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