Facebook, Inc. (FB) Isn’t Getting VR Traction

This week, Facebook, Inc. (Nasdaq: FB) provided shareholders with a handful of updates related to its virtual reality initiatives. Despite Facebook’s overwhelming success in the online advertising business, more Oculus Rift price cuts are evidence the Facebook VR story is not going according to plan.

Sears Needs Much More Than Another $100 Million Loan

In its latest attempt to avoid bankruptcy, Sears Holdings Corp. (Nasdaq: SHLD) has reached back into the pockets of CEO Eddie Lampert once again to secure a $100 million loan. Unfortunately for Sears investors, the company’s latest desperate injection of capital to make it through the critical holiday shopping season does little to change its bleak long-term outlook.