Business News
Republic Airways Files For Bankruptcy
Forbes - 26 Feb 2016 18:55
Republic Airways filed for bankruptcy Thursday, citing a lack of pilots to keep it solvent. If you've never heard of Republic Airways, there's a good reason: American Airlines, Delta Air Lines and United Airlines use Re...
Samsung restarting Tidal acquisition talks
New York Post - 26 Feb 2016 05:11
Looks like Tidal's ship may be coming in. Phone giant Samsung, which enjoys a long relationship with Jay Z's music streaming service, has restarted talks to acquire the 16-month-old company, several sources told The Post...
Gap shares dip following disappointing earnings
Business Insider - 26 Feb 2016 04:40
Thomson Reuters NEW YORK (AP) — Gap's shares took a hit in after-hours trading Thursday after the clothing chain offered a weak profit outlook. The outlook came as the San Francisco-based chain reported a 33 percent dr...
6 toxic relationships you should terminate immediately
Business Insider - 26 Feb 2016 17:45
Ben Leuner/AMC LinkedIn Influencer Travis Bradberry published this post originally on LinkedIn. At work or elsewhere, most everyone has experienced a relationship that turned toxic. If you have, you know they’re a majo...
The Wall Street Journal: Alibaba in talks with banks for up to $4 billion loan
Market Watch - 26 Feb 2016 14:58
Alibaba Group Holding is in discussions with banks for a loan of up to $4 billion to fund expansion plans, according to sources of The Wall Street Journal.
J.C. Penney's quarterly sales rise due to higher Home, Sephora sales
Reuters - 26 Feb 2016 06:09
(Reuters) - Department store operator J.C. Penney Co Inc reported a better-than-expected quarterly revenue, helped by strong sales at it its Home, Sephora, Footwear and Handbags divisions.
Asian Shares Rise, Shanghai Recovers From Tumble
Wall Street Journal - 26 Feb 2016 05:49
Markets in Asia rose Friday, with Chinese stocks edging up slightly following a sharp tumble the previous day.
Mayor De Blasio Proposes Retirement Savings Plan for Private-Sector Workers
The New York Times - 26 Feb 2016 05:11
The proposal would create a way for New York City's estimated 1.4 million private-sector workers who do not have employer-sponsored retirement plans to set aside money in a city-organized program.
A Canadian sailor made history with a single kiss
Business Insider - 26 Feb 2016 20:59
In the Canadian Navy, "first kiss" is a tradition in which one sailor is picked at random to disembark first and kiss his significant other. This year, they broke new ground with the first ever "first kiss" between a sa...
SocGen revises its Fed call, says only 1 rate hike is coming in 2016
Business Insider - 26 Feb 2016 15:14
Joshua Roberts/Reuters Societe Generale has cut its expectations for the Federal Reserve. Societe Generale Global Head of Economics Michala Marcussen said in a note Friday that the Fed will only get in one additional r...
Sharp, Foxconn chiefs to meet after $5.8 billion takeover deal put on hold
Reuters - 26 Feb 2016 07:38
TOKYO/TAIPEI
China Central Bank Chief: No Reason for Yuan to Fall Persistently
Wall Street Journal - 26 Feb 2016 06:49
Zhou Xiaochuan, governor of the People's Bank of China, said again that he sees no reason for the Chinese currency to fall persistently and stressed that authorities have room to support economic growth.
With U.S. Gas, Europe Seeks Escape From Russia's Energy Grip
Wall Street Journal - 26 Feb 2016 06:16
Gulf Coast exports of liquefied natural gas are expected to loosen Russia's dominance in the European energy market.
A New Theory Makes Far Cry Primal's Takkar The Very First Assassin
Forbes - 26 Feb 2016 19:48
Takkar is certainly the most unique hero Ubisoft's Far Cry series has seen to date. His lead role in Far Cry Primal is that of a brutal Mesolithic clan leader, aiming to establishing a tribe in the land of Oros. But Takk...
A former Cavaliers player who recently joined the Warriors is in awe at the differences between the 2 teams
Business Insider - 26 Feb 2016 19:30
Wilfredo Lee/AP Longtime Cleveland big man Anderson Varejao recently signed with the Golden State Warriors after being traded to and subsequently waived by the Portland Trail Blazers at the trade deadline. After 12 years...
This one simple trick makes Facebook's new emoji reactions way more fun (FB)
Business Insider - 26 Feb 2016 19:07
Facebook this week added new "Reactions" to supplement its signature Like button. People have mixed feelings about the additions so far, but one simple trick might make it all better. Here's what Facebook Reactions nor...
A Former Stanford Dean Says Top Colleges Want Kids to Have 2 Main Things
inc - 26 Feb 2016 18:45
They want a class of individuals who will each contribute to the vibrancy of the community and to the learning of one another.
Mark Zuckerberg tackles question on what he would do as Twitter CEO
Venture Beat - 26 Feb 2016 15:46
With Twitter struggling for growth and focus, what better person to ask for advice than the head honcho of a rival social network that’s emerged as one of the most valuable companies in the world? While Jack Dorsey won...
Billionaire entrepreneur Peter Thiel explains precisely how Mark Zuckerberg changed the world
Business Insider - 26 Feb 2016 08:50
On Thursday, Mark Zuckerberg received the first ever Axel Springer Award at a ceremony in Berlin. Billionaire entrepreneur Peter Thiel gave a speech that imagined what the world would be like without Mark Zuckerberg.
The Wall Street Journal: LendingClub to change its fee model
Market Watch - 26 Feb 2016 14:29
Online lender will pay a larger piece of its fees to a banking partner in return for the bank taking more risk.
It's a super busy morning for the US economy -- here's what you need to know
Business Insider - 26 Feb 2016 14:03
Happy Friday! It's a super busy morning for the US economy — here's what you need to know: The second estimate for US GDP growth in the fourth quarter will cross the tape at 8:30 a.m. ET. Expectations are the pace of...
Is Being A Data Scientist Really The Best Job In America?
Forbes - 26 Feb 2016 06:26
It’s official – data scientist is the best job in America, according to users of online employment analysts Glassdoor.