Live Wire Reporter

Amazon Echo turns into a sleeper hit, offsetting Fire’s failure

The Amazon Echo is turning out to be a sleeper hit. The stand-alone, voice-activated digital assistant is on back order,  it was cited when premium speaker maker Sonos announced layoffs

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Stocks close slightly higher; Dow, S&P up 0.1%

Wall Street kicked off the new week with very modest gains as investors brace for a slew of economic reports, including a key jobs report Friday, that could shed fresh

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Stock headwinds persist despite rebound from tough start

A quick glance at the year-to-date performance of the Dow (+0.5%) and S&P 500 (-0.4%) camouflages what had been the worst-ever start to a year for stocks. But with Wall

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Is Microsoft in the Yahoo bidding hunt?

Microsoft (MSFT) is in preliminary talks with private equity firms about helping finance a bid to buy embattled Internet company Yahoo (YHOO), according to media reports. Private equity executives approached

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Hotel battle heats up: China’s Anbang raises offer for Starwood to $13.9B

The jockeying for Starwood Hotels & Resorts Worldwide continues. A group of investors, led by Chinese insurer Anbang, has raised

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China takes control of global silver prices

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an

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Apple-FBI duel is playing big at SXSW

From President Obama’s answer to a question on the topic following his keynote speech Friday, to an excoriated rebuke from

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Deutsche Bank cuts bonuses 17%, cites ‘challenging’ times

Deutsche Bank cut bonuses 17% last year, citing a “challenging” 2015. The bank also warned that 2016 is off to

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2016′s winner might shock you

Wall Street appears to have regained its mojo, with stocks in one month going from the brink of a bear

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Iran slowly increasing its oil market share

Iran is expected to raise the April Official Selling Price (OSP) of its flagship light crude oil to Asia to

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