Michael Christensen
Author Archive

Michael Christensen

Business

Shake Shack Inc. said on Thursday that its same-store sales rose 17.1 percent in the third quarter ended September 30, continuing the burger chain’s strong sales showing following its January initial public offering.

Read More
Business

Rates on 30-year fixed-rate mortgages, the most popular type of home loan, jumped over the past week, according to two separate surveys. 30-year fixed-rate mortgage (FRM) averaged 3.87 percent with an average 0.6 point for the week ending November 5, 2015, up from last week when it averaged 3.76 percent.

Read More
Business

The move follows New York-based Vice earlier this week confirming it will launch Viceland stateside in partnership with A+E Networks.

Read More
Business

New York water mains work unveils 19th century burial vault under Greenwich Village Washington Square Park.

Read More
Business

CBS is exploring the new frontier by developing a “Star Trek” series that it hopes will bolster its $5.99-a-month CBS All Access online venture.

Read More
Business

Elizabeth Warren is introducing a bill she says will help senior citizens who rely on Social Security to make ends meet. The fact that Social Security benefits are not rising means that Social Security recipients whose Medicare premiums are deducted from their Social Security checks will not see an increase

Read More
Business

“No evidence exists that [the Defense task force] conducted a feasibility study before spending $43 million on the station”, Sopko wrote in his report (pdf).

Read More
Business

Bloomberg, citing a person familiar with the matter, reported that the deal to unify the brand is valued at over $20 billion while the Wall Street Journal reported last week that the deal may be valued at almost $22 billion. And cross-border volume, again on a constant dollar basis, rose

Read More
Business

In the USA government’s first criminal prosecution of the manipulative trading practice known as “spoofing”, high-frequency trader Michael Coscia was found guilty on Tuesday.

Read More
Business

Molson Coors (NYSE:TAP) reportedly is in advanced negotiations with SABMiller to buy a majority stake in their USA joint venture MillerCoors.

Read More