Business News
Embattled blood-testing firm Theranos to dissolve: WSJ
Reuters - 5 Sep 2018 05:05
Embattled blood-testing company Theranos Inc will soon formally dissolve, the Wall Street Journal reported on Tuesday, citing a shareholder email.
Behind Nike's Decision to Stand by Colin Kaepernick
The New Yorker - 5 Sep 2018 01:51
Jelani Cobb writes about Nike's choice to make Colin Kaepernick a face of their latest "Just Do It" campaign, positing that the decision isn't so much a defiant recognition of dissent as an acknowledgment of the directio...
Is AMD's Price Run Justified?
Forbes - 5 Sep 2018 19:22Iran may use secret oil shipments to skirt US sanctions
Business Insider - 5 Sep 2018 03:00
REUTERS/Heinz-Peter Bader Iran may ship oil secretly to reduce the impact of the US sanctions on its oil exports. During the previous round of sanctions, Iran disabled tracking on its tankers. China, India, and Turkey ar...
Brexit may be putting a million penguins at risk
USA Today - 5 Sep 2018 02:22
The full consequences of Brexit are still unknown, but a million penguins in the Falkland Islands could be threatened by England leaving the EU. Tony Spitz has the details.
Trump's trade war is the biggest threat to the oil and gas industry
Business Insider - 5 Sep 2018 02:16
Win McNamee/Getty Images President Donald Trump's 25% steel and 10% aluminum tariffs on a variety of countries have pushed up prices, leading to cost inflation for oil and gas projects. The application system for duty wa...
HPCL to raise ₹28,000 crore for Rajasthan unit
livemint.com - 5 Sep 2018 19:34Don't go! Surging business sales make staff retention a must
ABC News - 5 Sep 2018 17:13
As the number of small business sales keeps rising, staff retention is a priority
MillerCoors is slashing jobs as Coors Light struggles and millennials ditch beer (TAP)
Business Insider - 5 Sep 2018 17:10
REUTERS/Rick Wilking MillerCoors is slashing roughly 350 jobs, the beer giant announced on Tuesday. "We are moving quickly and decisively to get our business back on track," MillerCoors CEO Gavin Hattersley said in an em...
How banks can win the struggle for tech talent
American Banker - 5 Sep 2018 17:07
There are ways for banks to gain an edge against the likes of Google and Facebook for the best software developers.
Uber rolls out safety features for drivers, passengers
Miami Herald - 5 Sep 2018 17:07
Uber is aiming to boost driver and passenger safety in an effort to rebuild trust in the brand. The ride-hailing company has created a feature on its app to reach …
Tariffs on imported cars, parts could harm U.S. economy and auto industry, experts warn
USA Today - 5 Sep 2018 17:05
Car prices will jump and thousands of auto workers will lose their jobs if the Trump administration imposes tariffs on imported autos, trade experts say.
Conoco waiting on Venezuela to pay $2 billion settlement: CEO
Reuters - 5 Sep 2018 17:04
U.S. oil producer ConocoPhillips is still awaiting payment from Venezuela on a $2 billion arbitration settlement reached last month with the South American nation, Chief Executive Ryan Lance said on Wednesday.
Amazon has added Hindi language to woo Indian shoppers (AMZN)
Business Insider - 5 Sep 2018 17:01
This story was delivered to Business Insider Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. Consumers in India will now have the opt...
Metals Stocks: Gold climbs back above $1,200 as trade jitters unsettle markets
Market Watch - 5 Sep 2018 17:00
Gold futures attempt to hold trade above $1,200 an ounce Wednesday as worries about trade negotiations and weakness in the dollar helped to boost the metal's investment appeal.
The best clothing subscription boxes you can try
Business Insider - 5 Sep 2018 17:00
TheInsider Picksteam writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. The Insider Pick: If you want the shopping experience to com...
These 5 brands are the best at customer experience -- here's how they do it
Business Insider - 5 Sep 2018 17:00
Sailthru While Amazon surpassed Alphabet this year to become the second most valuable publicly listed US company, the organization falls behind 57 others in providing a personalized customer experience. The second annual...
Detroit CFO John Hill to step down by end of year
Miami Herald - 5 Sep 2018 16:57
John Hill is stepping down as Detroit's chief financial officer. The city says Hill has told Mayor Mike Duggan and City Council President Brenda Jones that he will be leaving …
Fox invests $100 million in broadcasting platform Caffeine
Reuters - 5 Sep 2018 16:54
Twenty First Century Fox said on Wednesday it made a $100 million investment in social broadcasting platform Caffeine.
Samsung is shifting its focus to mid-range smartphones (KRX)
Business Insider - 5 Sep 2018 16:49
This story was delivered to Business Insider Intelligence Apps and Platforms Briefingsubscribers hours before appearing on Business Insider. To be the first to know, please click here. Samsung announced a new strategy th...
Snap just introduced new $200 Spectacles that look more like regular sunglasses
Business Insider - 5 Sep 2018 16:41
Snap Snap has introduced new styles of its Spectacles camera glasses. The new styles, nicknamed Nico and Veronica, cost $200 and have a more fashion-forward look than Spectacles and Spectacles 2. The glasses are availabl...
Goldman Sachs reportedly halts plans for crypto trading
New York Post - 5 Sep 2018 16:40
Goldman Sachs is ditching plans to open a desk for trading cryptocurrencies as the regulatory framework for crypto remains unclear, Business Insider reported on Wednesday, citing people familiar with the matter. In recen...