Earnings

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BitCoin Mining, Other Virtual Activity Taxable Under US Law

chicksdaddy writes "Beware you barons of BitCoin – you World of Warcraft one-percenters: the long arm of the Internal Revenue Service may soon be reaching into your treasure hoard to extract Uncle Sam's fair share of your virtual wealth.

Room service no more: why luxury is leaving the middle class behind Helaine Olen

Hilton's pulling of room service in New York is another example of how middle income earners are losing access to life's luxuries

New York City's Hilton Hotels recently announced they would end room service this summer, offering customers instead a high-end food shop in the lobby.

Kris Letang: Will the Pittsburgh Penguins Sign Their Star Defenseman?

Pittsburgh Penguins GM Ray Shero has been very busy ever since the Boston Bruins swept his team from the playoffs.

Shero signed coach Dan Bylsma to a two-year extension, after there was speculation the he could be let go.

Japan's Nikkei seen rising 51 percent in 2013: Reuters poll

TOKYO (Reuters) - Japan's Nikkei will rise 51 percent in 2013 on expectations of higher company earnings, driven by a weaker yen after Prime Minister Shinzo Abe embarked on radical fiscal and monetary expansionary policies to spur growth, a Reuters poll showed,

FedEx's Ground Game Will Carry Earnings

FedEx Corporation is a holding company with subsidiaries that provide a broad range of transportation, e-commerce and business services under the FedEx brand.

It is scheduled to announce its Q4 and full year earnings on June 19.

Bullish Second Quarter Earnings Expected For Akamai

The summer of 2013 is expected to be anything but dull. Tensions among investors and market volatility are high as we weigh the effects of quantitative easing tapering amid a world with struggling economies.

Apple Is Valued at $440 For Each Of Its Users

Horace Dediu has an interesting little speculation about Apple's numbers over here. There's always going to be a number of assumptions in any playing around like this and some of those assumptions will be supportable, others less so.

2013 Breeders' Cup Contender: Paynter Blitzes Hollywood Allowance in Return

The nervous excitement ahead of Paynter’s miraculous return to the races turned into jubilant euphoria after the horse that was on the verge of death due to bouts with colitis and laminitis at the end of last year returned to dazzle on a Friday afternoon at Hollywood Park.

3D Realms sues Gearbox over unpaid Duke Nukem royalties, Gearbox responds

Gearbox took over and resumed development of Duke Nukem Forever in 2009, eventually completing the project that 3D Realms had spent nearly 15 years developing.

IBM reportedly cuts over 1,600 US jobs as part of billion-dollar restructuring

Missing your earnings target by five cents a share wouldn't trouble most companies -- but IBM isn't like most companies.

That's why it's reportedly implementing a billion-dollar restructuring program that'll see up to 8,000 jobs being lost from the firm.