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The co-CEOs of Groupon, Eric Lefkofsky and Ted Leonsis, stopped by our offices this afternoon, along with CFO Jason Child and other senior Groupon executives. They had some interesting things to say. Groupon, you may recall, is a four year-old digital commerce company based in Chicago. Groupon invented the "daily-deal" industry, grew...

We could tell you this story, but we can assure you that you would rather watch the video. This is a bus in Johnstown, Pennsylvania. According to the Johnstown Tribune-Democrat, the driver was cruising along Goucher Street yesterday evening when he hit a deer. That sounds like a sad story. But that's because...

UNITED NATIONS (AP) — Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report released Wednesday. The U.N. Office for Disaster Risk Reduction warned in the 246-page report that economic losses from...

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Why Advisors Should Reconsider Bucket Strategies (Nerd's Eye View) Advisors often resort to bucket strategies — when a portfolio is divided into buckets based on the clients needs. But Michael Kitces in Nerd's Eye View...

Tesla has had a historic week. It began last Wednesday when it reported its first quarterly profit ever.  That was followed by Consumer Reports essentially calling it the best car ever when it gave it a score of 99/100. The stock's epic rally is continuing this afternoon.  Management just announced that...

Closely-followed hedge fund manager John Paulson just filed his 13F with the Securities and Exchange Commission. During the first quarter ended March 31st, Paulson & Co. maintained his huge stake in SPDR Gold Trust. As of March 31st, Paulson held 21,837,552 shares of SPDR Gold Trust. The hedge fund did pare back...

The CBO said this week that America's fiscal deficit will be much smaller than anyone thought, and that long term debt growth will slow by at least 3 points through the next decade.    That's good news right? In his note today, Deutsche Bank's Joe LaVorgna says there is even more than...

Tesla's stock was up over 7% in after hours to $90.50 but has since pared back to about 5.5%. This comes on the back of news that the company is raising more money, and offering new common stock and convertible bonds. CEO Elon Musk has also said that he will buy...

Tech hardware giant Cisco just reported first quarter earnings, and the company beat expectations on both the top and bottom lines. Adjusted earnings per share came in at $0.51 per share, ahead of analysts' consensus estimate for $0.49 EPS. Revenues in the first quarter were $12.22 billion, slightly above the consensus forecast...

Legendary billionaire hedge fund manager George Soros has filed his latest 13F regulatory filing with the Securities and Exchange Commission. During the first quarter ended March 31st, Soros exited his positions in Morgan Stanley, JPMorgan and General Electric, the filing shows. He also decreased his Apple stake. He owned 26,800 shares and...

Berkshire Hathaway, the conglomerate run by billionaire Warren Buffet, just filed its latest 13-F. Among other things, Berkshire raised its bet on Wells Fargo (bought 18.3 million shares), Walmart (bought 1.7 million shares), and DirecTV (bought 3.2 million shares). It dumped defense contractor General Dynamics (sold 3.8 million shares) and Archer Daniels...

Billionaire hedge funder Daniel Loeb, who runs Third Point LLC, has filed his fund's 13F for the quarter ended March 31st.  According to the securities filing, Loeb has completely exited his stakes in Morgan Stanley and Herbalife during Q1.   He owned 7,750,000 shares of Morgan Stanley in the previous quarter.   Back...

Electric car company Tesla, and its CEO Elon Musk, are back in the news. The primary story is that the company is raising more money, offering new common and convertible shares, and taking advantage of its soaring stock price. Tesla Motors, Inc. (NASDAQ: TSLA) announced today offerings of 2,703,027 shares of common...

Electric car maker Tesla just filed an S-3 Registration Statement, which means it's planning to raise more money. Tesla also has a press release with what the stock and bond offering will look like: Tesla Motors, Inc. (NASDAQ: TSLA) announced today offerings of 2,703,027 shares of common stock and $450 million aggregate...

Billionaire hedge funder David Einhorn, who runs Greenlight Capital, just filed his fund's latest 13F for the first-quarter ended March 31st.  According to the securities filing, Greenlight held 2,397,706 shares of Apple in Q1.  Greenlight owned 1,307,006 shares and 275,000 call options in the fourth quarter of 2012.   Just a reminder, hedge...

The market refuses to sell off. First the scoreboard: Dow: 15,275, +60.0 pts, +0.4%S&P 500: 1,658, +8.4 pts, +0.5%NASDAQ: 3,471, +9.0 pts, +0.2% And now the top stories: The U.S. stock markets once again closed at fresh all-time highs.  And it has been a mindboggling 179 days since we've seen a notable pullback. "So far,...

Earlier in the day, the Dow was up 90 points. Now it's up just 14 points. What gives? Dave Lutz of Stifel, Nicolaus offers up four things he's hearing from his trading desk. AAPL getting crushed again today – Many reasons bantered about for the weakness – Bottom Line, heavy MoMo pressure (Still Long)  "Hearing"...

CNBC's senior economics correspondent Steve Liesman sat down with Goldman Sachs COO/president Gary Cohn at the bank's 200 West Street headquarters for an interview.  During the interview, Liesman took the opportunity to bring up the Bloomberg Terminal spying scandal.  Goldman was the bank that complained to Bloomberg LP after it discovered some...

Attorney General Eric Holder is testifying in front of Congress today. Not surprisingly, he is being asked about the Justice Department's obtaining Associated Press phone records without telling the Associated Press in advance. As I described earlier, this seizure of the records may well have been legal and justifiable. Under current law, the...

Yesterday, the EU raided the offices of BP, Shell and Statoil in a probe over manipulating oil markets. The European Commission's antitrust authorities say desks at those firms, along with Platts — the agency that reports some of the benchmarks — may have colluded in reporting distorted prices to manipulate prices...