Business News
He Took On Private Equity--and He's Winning
Barron's - 1 May 2018 16:52
Hedge-fund manager Dan Rasmussen says he's figured out a better way to pick deep-value small-cap stocks. So far, his record bears him out.
This little league player's coach told him to run home 'as fast as he can' and what he did instead will make you laugh out loud
Business Insider - 1 May 2018 20:45
TabbyRodriguez/Twitter A video of a little league player running to home plate is going viral. The little boy's coach told him to run home "as fast as he can" so he did just that. The player runs all the way back in slow...
Gig Economy Business Model Dealt a Blow in California Ruling
The New York Times - 1 May 2018 04:01
The state's highest court made it much harder for companies like Uber to classify workers as contractors rather than employees.
Boeing to buy aerospace parts company KLX for $4.25 billion including debt
Reuters - 1 May 2018 06:47
(Reuters) - Boeing Co said on Tuesday it entered a definitive agreement to buy aerospace parts company KLX Inc for $4.25 billion, including debt.
One of Taiwan's largest diplomatic partners just cut them off -- and chose China instead
Business Insider - 1 May 2018 06:06
One of Taiwan's largest diplomatic allies, the Dominican Republic, cut ties on Tuesday in order to establish relations with China. China refuses to have diplomatic relations with any country that recognizes Taiwan, leavi...
This Summer Is Expected To Have Highest Gas Prices We've Seen In Years
Forbes - 1 May 2018 05:13
This could be the most expensive driving summer since 2014.
This 7-Eleven has a unique way to stop loitering, panhandling
New York Post - 1 May 2018 04:29
MODESTO, Calif. -- A 7-Eleven in California has found a way to keep people from panhandling and loitering outside the store: crank up classical music. Sukhi Sandhu, who owns the franchise in Modesto, said his customers t...
Why This Globetrotting Jewelry Buyer Quit Her Job To Become A Social Entrepreneur
Forbes - 1 May 2018 04:23
After traveling to exotic global destinations as a jewelry buyer, this entrepreneur took a leap of faith and launched her own jewelry line with a social mission.
It Took 17 Years: Freelancers Receive $9 Million in Copyright Suit
The New York Times - 1 May 2018 03:51
The New York Times and Lexis/Nexis are among the companies that are compensating writers for the digital use of their printed articles.
Raises are coming for thousands of state workers in North Carolina. Will you be one of them?
News Observer - 1 May 2018 18:48
Prison officers, IT specialists and other state employees in typically underpaid jobs will get some good news when they see their first paycheck this month. The state has set aside …
Varun Laul, former Providence PE director, to join Zodius
livemint.com - 1 May 2018 18:29
Providence, which manages assets worth $54 billion in PE and credit businesses, exited India last year
Thousands in Puerto Rico protest austerity measures
News Observer - 1 May 2018 17:04
Thousands of Puerto Ricans are marching to protest pension cuts, school closures and slow hurricane recovery efforts as anger grows across the U.S. territory over looming austerity measures. Tuesday's protest …
Girls are reportedly bleeding through their pants due to a charter school's 'dehumanizing' bathroom policy
Business Insider - 1 May 2018 17:00
Sarah Schmalbruch/INSIDER Noble Charter Schools, a network of schools in the Chicago area, has strict behavioral and dress code policies, according to an NPR affiliate. The policies are so strict that students don't have...
Small N.J. bank hires a big-bank executive as its president
American Banker - 1 May 2018 16:08
Boiling Springs Savings Bank said that James Nesci, who had been at TD Bank, will manage its operations and create a strategic plan.
Guitar Fans Fret As Legendary Maker Gibson Files for Bankruptcy
Time - 1 May 2018 16:02
The company has supplied guitars to B.B. King and Elvis Presley
Ford sales down, Fiat Chrysler up in April as auto industry cools off
USA Today - 1 May 2018 15:59
U.S. auto sales were expected to decline in April, compared with a year earlier, as the industry continues to cool off from a record pace set in 2016. Edmunds.com projected a sales decline of 6%, while Cox Automotive pre...
Tapestry shares plummet 11% after reporting problems at Stuart Weitzman
Market Watch - 1 May 2018 15:56
Tapestry results beat expectations, but the company announced problems with the Stuart Weitzman brand that are expected to persist.
Plunging Kate Spade sales hit shares of parent Tapestry
New York Post - 1 May 2018 15:55
Handbag maker Tapestry, formerly Coach, reported a drop in third-quarter margins and a steeper-than-expected decline in same-store sales in its Kate Spade business on Tuesday, sending its shares down 11 percent. The comp...
UK government in major U-turn on tax havens - Politics live
The Guardian - 1 May 2018 15:54
Rolling coverage of the day's political developments as they happen, including David Davis giving evidence to the Lords EU committee on Brexit Voter confidence Brexit talks will end successfully at new low - poll 2.54pm ...
Markets Right Now: Stocks open lower on Wall Street
ABC News - 1 May 2018 15:50
Stocks are opening moderately lower on Wall Street after several companies reported disappointing results.
WhatsApp's cofounder could be leaving $1 billion on the table by quitting Facebook (FB)
Business Insider - 1 May 2018 15:50
Reuters WhatsApp cofounder Jan Koum is leaving Facebook, which acquired his company in 2014 for $19 billion. Koum is leaving before his stock award fully vests. He could be losing as much as $1 billion in Facebook stock....
Avicii committed suicide by cutting himself, according to a graphic report by TMZ
Business Insider - 1 May 2018 11:40
Jason Merritt / Getty DJ and producer Avicii killed himself, multiple sources told celebrity site TMZ. The news comes after a statement from his family alluded to suicide last week. WARNING: The reports include details o...