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  • Sears Is Going Down the Drain In Front of All Our Faces, But Tesla Sure Isn't
    Business
    The Street5 days ago

    Sears Is Going Down the Drain In Front of All Our Faces, But Tesla Sure Isn't

    Pay careful attention folks: Sears Holdings   (SHLD) is indicating to us all that it may have a very tragic ending at some point this year.  The dying department store chain is reportedly closing another 66 stores in a bid to cut costs and try to stay in business a little longer. In short, the company is signaling that its efforts to preserve cash aren't enough. And best believe that Sears needs cash, and incredibly fast, as TheStreet has reported at length recently.  "Sears' declining cash balance heightens its need to continue to source $2 billion of liquidity annually," David Silverman, Senior Director, U.S. Corporates at Fitch Ratings tells TheStreet. "The company's ability to continue to

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  • Beware of Winging Your Retirement
    News
    WSJ8 hours ago

    Beware of Winging Your Retirement

    Much of what I read about preparing for retirement seems to involve a lot of work and anxiety: figuring out the best ways to fill your calendar, finding a “purpose,” hashing out new relationships with family and friends, etc. I wonder if it’s possible simply to “kick back” for a while and see how retirement develops. Ronald Manheimer, founding director of what is now the Osher Lifelong Learning Institute at the University of North Carolina in Asheville, suggests that one way to look at this is to ask yourself: Looking back at my life, how do I typically deal with major changes?

    2
  • Apple Doesn't Deserve to Be Worth $1 Trillion, It Is Just an iPhone Company
    Technology
    The Street18 hours ago

    Apple Doesn't Deserve to Be Worth $1 Trillion, It Is Just an iPhone Company

    "Apple (AAPL) is still an iPhone company," says one of the more bearish Apple analysts on Wall Street.  It's hard to argue with what Pacific Crest analyst Andy Hargreaves penned in the wake of WWDC. Apple's new HomePad is kind of sexy to look at, as TheStreet's tech team points out. But, is it game-changing? Not exactly. The darn thing needed to have a screen at the very least like the one from Amazon (AMZN) . The Apple Watch is still the Apple Watch -- a product with so many holes in it. If anything, the coolest thing Apple divulged at WWDC was its iOs updates. Apple shares closed up slightly at $154.45. All of which brings investors to this point in time. Should Apple not dazzle with its iPhone

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