Business News
Broadway producer makes $315M offer for Weinstein Co.
New York Post - 2 May 2018 00:06
A new bidder has submitted an offer for The Weinstein Co. -- one that tops the previous top offer by $5 million and aims to create a $25 million fund for victims of pervy producer Harvey Weinstein. But the Tuesday aftern...
After "sad" Snapchat redesign, Snap loses one-fifth its value
CBSNews - 2 May 2018 17:07
Investors ghosted the stock as the social-media company conceded its redesign caused "disruptions"
The new nomads
BBC - 2 May 2018 01:05
A new class of workers, using laptops and wi-fi can and do work anywhere in the world that is warm and cheap.
20 cities in the US are facing huge real estate risks
Business Insider - 2 May 2018 00:00
It's no surprise that real estate prices have jumped in cities within states like Florida and California. But property prices in Detroit and Flint, Michigan have also seen massive appreciation. Some prices have blasted p...
Amazon and Walmart are duking it out for a stake in one of India's biggest e-commerce companies
Business Insider - 2 May 2018 17:07
Thomson Reuters Amazon.com Inc has made a formal offer to buy a 60 percent stake in Indian online retailer Flipkart, CNBC-TV18 reported on Wednesday, citing sources. Amazon also offered Flipkart a breakup fee of $2 billi...
Apple shares soar as investors look past iPhones
USA Today - 2 May 2018 04:08
The world's most valuable public company sold over 52 million iPhones in its March quarter, just below Wall Street targets, but managed to book a revenue of over $61 billion dollars beating expectations. Jane Lanhee Lee ...
JPMorgan mea culpa puts pacifier-making moms back in business
American Banker - 2 May 2018 17:16
The co-founders of Doddle, Nicki Radzely and Janna Badger, had their business account at JPMorgan Chase had been frozen, and they didn't know why.
EU budget: Plans for farm subsidy cuts but more on security
BBC - 2 May 2018 17:00
The proposed multi-year budget, the first post-Brexit, tries to find new sources of income.
Gibson guitar maker sees a future with bankruptcy protection
ABC News - 2 May 2018 16:54
The maker of the Gibson guitar, omnipresent on the American music stage, files for bankruptcy protection
This Serial Tech Entrepreneur Put His $8 Million Home Up For Sale In Bitcoin
Forbes - 2 May 2018 03:10
I spoke with serial tech entrepreneur Alan Ezir about his journey as an entrepreneur, the thinking behind selling his home, and how Bitcoin will continue disrupting the changing economy.
'Jurassic Park' 25th Anniversary Celebration Expands At Universal Studios Hollywood
Forbes - 2 May 2018 01:30
The event will feature, among other things, a private screening of Jurassic Park, special guests and exclusive after-hours access to Universal.
How to get free ice cream from Häagen-Dazs this month
USA Today - 2 May 2018 17:11
Free Cone Day is just around the corner.
Spotify is climbing ahead of earnings (SPOT)
Business Insider - 2 May 2018 17:08
Markets Insider Spotify is set to release its first quarterly earnings report as a public company after the closing bell Wednesday. The company lost $5 billion on $1.5 billion of revenue in 2017. Follow Spotify's stock p...
Wintrust plays small ball with Chicago bank acquisition
American Banker - 2 May 2018 22:08
The serial acquirer is buying Delaware Place Bank, which is less than 1% of its size.
The $200 Billion Man: Invesco's Dan Draper On How To Build An ETF Powerhouse
Forbes - 2 May 2018 16:45
Forbes speaks with Dan Draper, head of Invesco's $215 billion exchange traded funds business, on his acquisition of Guggenheim's ETF operations and the future of fixed income investing.
Market Snapshot: Nasdaq futures climb, led higher by Apple's jump
Market Watch - 2 May 2018 12:26
Futures for the Nasdaq-100 index gain ground early Wednesday, boosted by Apple Inc.'s earnings-driven jump in premarket trading. The Dow and S&P 500 look set for muted moves, however, as traders brace for a Fed statement...
Sebi said to probe IndiGo stock fall before company filing: report
livemint.com - 2 May 2018 07:17
Sebi is examining the cause for the worst drop in seven months in InterGlobe Aviation shares before the company announced the resignation of its president Aditya Ghosh
Tesla sued for more than $2 billion, accused of copying design of Nikola hydrogen trucks
Market Watch - 2 May 2018 04:04
Tesla Inc. is being sued for $2 billion by hydrogen-powered-truck startup Nikola Motor Co., which is claiming its patents were infringed.
Apple stock buybacks spiked to a new high as shares suffered a correction
Market Watch - 2 May 2018 02:39
Apple Inc. bought back more shares in the most recent quarter than it ever has in a three-month period, as the stock was suffering a correction and executives were preparing to pump a record $100 billion more into repurc...
Florida prisons to cut programs due to health care cost hike
Miami Herald - 2 May 2018 23:51
Florida prisons are cutting mental health, substance abuse and re-entry programs to help make up for a $50 million shortfall in its health care and pharmaceuticals budgets. Even prison chaplains …
Wall Street drops amid trade worries
USA Today - 2 May 2018 23:33
Stocks dropped on Wednesday as investors remained concerned about worsening trade relations between the U.S. and China. Fred Katayama reports.
The New York Post: Mosquito, tick and flea bites are sickening Americans in far greater numbers
Market Watch - 2 May 2018 19:34
The number of Americans sickened by bites from infected mosquitoes, ticks or fleas tripled from 2004 to 2016 -- a result of rising global temperatures and increased international travel, U.S. health officials said Tuesda...