Business News
Barron's Top 100 Hedge Funds
Barron's - 28 Apr 2018 05:38
MMCAP grabbed the No. 1 spot with more than a 38% annualized gain over three years. Finishing second this year is Knight Vinke Institutional Partners.
Ronco files for bankruptcy after failing to secure funding
New York Post - 28 Apr 2018 04:52
The maker of the Veg-O-Matic, the Showtime Rotisserie oven and the 5 Minute Pasta Wizard has been cooked again. Ronco -- whose TV spots hawked gadgets like Mr. Microphone and the Beef Jerky Machine, a dehydrator it calle...
Tech Giants Apple, Google oppose Kansas adoption bill
Miami Herald - 28 Apr 2018 02:50
Tech giants Google and Apple oppose adoption legislation in Kansas that many in the LGBTQ community consider discriminatory. An organization of more than 80 companies called TechNet sent legislators a …
Fred's CEO Resigns Amid Shift to Pharmacy And Healthcare Business
Forbes - 28 Apr 2018 02:18
Fred's CEO Michael K. Bloom has resigned as CEO after less than two years in the top job and a failed attempt to buy hundreds of Rite Aids.
On NAFTA, Mexico's Lopez-Obrador Is Moving Into The Driver's Seat
Forbes - 28 Apr 2018 01:56
President Trump finds himself boxed in on NAFTA, and is calling for a quick agreement. That's because the man likely to win election to be president of Mexico is a long-time opponent of NAFTA. Trump knows that the end of...
First Quarter GDP Was Weaker Than 2.3% Headline Number When Inventory Build And Trade Are Removed
Forbes - 28 Apr 2018 17:06
Inventory changes and the impact from exports and imports can have a large impact on reported GDP growth. When their effects are taken into account the March quarter's GDP growth rate falls from 2.3% to 1.7%.
Engineers from Apple and Google are loving this viral Twitter challenge about describing their job in 5 words
Business Insider - 28 Apr 2018 17:00Submarine drones are exploring shipwrecks thousands of feet below the Gulf of Mexico -- and what they've found is astonishing
Business Insider - 28 Apr 2018 17:00
Image courtesy of the NOAA Office of Ocean Exploration and Research, Gulf of Mexico 2018. Scientists from the National Oceanic and Atmospheric Administration are conducting an expeditionto explore shipwrecks in the uncha...
Report Reveals 'Unprecedented Opportunities' For Reaching The Unbanked
Forbes - 28 Apr 2018 16:25
There's been a significant increase in the number of adults globally with an account at a financial institution or through a mobile money service, according to a new report. But many people are still being left out of th...
A mountaintop greenhouse grows in coal country
New York Post - 28 Apr 2018 16:15
PIKEVILLE, Ky. -- On Election Day 2016, Jonathan Webb found himself on a lavish cruise liner with America's elite gliding along the Atlantic outside of Miami. Eric Schmidt of Google was there, so were Quentin Tarantino, ...
Oregon dairy's bankruptcy filing cancels cattle auction
News Observer - 28 Apr 2018 16:11
Oregon's newest large dairy has filed for bankruptcy a day before thousands of its cattle was set to be sold to repay a major creditor. The Capital Press reports that …
Unraveling The Growing Complexity Of Franchising Is No Simple Matter
Forbes - 28 Apr 2018 16:05
New elements are entering the franchise arena bringing complexities the franchise model has not experienced. How will franchisors respond to the mounting challenges they face in light of the limited educational assets av...
Pandora's Roger Lynch moonlights as a guitarist in a CEO-filled rock band
L.A. Times - 28 Apr 2018 16:00Where Do We Go After Mark Zuckerberg's Facebook Hearings And Q1 Earnings Call?
Forbes - 28 Apr 2018 15:55
If you had read CEO Mark Zuckerberg's letter in Facebook's 2012 IPO Proxy, you could have anticipated him facing outraged legislators at a future date. Not only did the letter reveal Facebook's goals and mission, it also...
Morgan Stanley identified 12 trades to protect you from a stock market meltdown
Business Insider - 28 Apr 2018 15:30
Reuters / Russell Boyce Bonds are losing their attractiveness as a way to diversify an equity portfolio, according to cross-asset strategists at Morgan Stanley. They examined several other asset classes to find the cheap...
I've Studied Hundreds of Organizations. Here's Why Most Can't Innovate:
inc - 28 Apr 2018 15:08
Today we need to manage not for stability, but for disruption
Singapore PM: ASEAN growing closer to China and India
Miami Herald - 28 Apr 2018 06:25
Southeast Asian countries will work more closely with new powers China and India to counter the pressure of protectionism and ensure continued growth, Singapore prime minister said Saturday. Addressing the …
How The Publishing Industry Is Learning To Love The Podcast
Forbes - 28 Apr 2018 05:40
Podcasts provide value to a publisher because they represent a path to a healthy and engaged fanbase that cross-pollinates with an author or a franchise's audience, broadening both.
Ex-BOA exec claims his whistleblowing led to bogus sexual harassment claims
New York Post - 28 Apr 2018 04:39
A former Bank of America executive who was accused of sexual harassment filed a $100 million arbitration claim against the bank, accusing it of concocting phony allegations against him because he was a whistleblower. Ome...
Company announces plans to open brewery, taproom in Virginia
Miami Herald - 28 Apr 2018 04:17
New Realm Brewing has announced that it will open a brewery and taproom in a Virginia facility that once housed the Green Flash Brewing Company. New Realm Brewing confirmed in …
Passenger sues Southwest Airlines over exploding engine
Miami Herald - 28 Apr 2018 04:10
A passenger who says she's been suffering from post-traumatic stress disorder since an engine exploded on a Southwest Airlines flight is suing the airline and the manufacturer of the engine. …
It looks like T-Mobile and Sprint are inching closer to finalizing terms in multibillion-dollar merger
Business Insider - 28 Apr 2018 04:00
REUTERS/Lucas Jackson US wireless carriers T-Mobile andSprintare finalizing terms as they seek to sign a merger by Monday that could valueSprintat around $26 billion. The combined company, with more than 127 million cust...