Business News
Chinese tech companies get into farming
The Economist - 25 Oct 2018 18:44
THE SLEEK offices of NetEase in Hangzhou, a traffic-clogged city in eastern China, seem an unlikely place to find a farmer. Yet the video-gaming company also runs a pig-rearing division. Ni Jinde launched Weiyang, its sw...
Northampton's first new shoe factory in decades to open
BBC - 25 Oct 2018 03:06
Northampton was once the shoemaking capital of the world but many manufacturers have moved abroad.
HR Leaders Need Stronger Data Skills
Harvard Business Review - 25 Oct 2018 21:00
Research shows that they lag behind other professionals.
Who Actually Listens to Halloween Music?
The New York Times - 25 Oct 2018 13:00
Spotify gave us answers.
Asian shares slump as Wall St. erases all of 2018 gains
Reuters - 25 Oct 2018 04:48
Asian shares dived on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for th...
WPP Stock Takes a Dive as CEO Mark Read Laments 'Tough' Quarter and Confirms Kantar Sale
AdWeek - 25 Oct 2018 19:15
On today's earnings call, WPP CEO Mark Read acknowledged the company had a difficult quarter thanks to a string of major media account losses and underperformance on the creative side of the business, especially in North...
Hershey shares melt on 3Q miss
Miami Herald - 25 Oct 2018 19:07
Hershey Co. shares melted Thursday after the company missed Wall Street's profit forecast and struggled with rising costs. But analysts said a 2.5-percent price increase announced in June should help …
Tesla shares jump after earnings report fulfills Elon Musk's profit and cash-flow promises
L.A. Times - 25 Oct 2018 18:45Amazon's ambitious drive into digital-advertising
The Economist - 25 Oct 2018 18:44
AN AWARD-WINNING series, "The Marvellous Mrs Maisel", follows the fortunes of a woman in the 1950s who undergoes an unlikely transformation from a typical housewife of the day into a talented standup comedian. It is prod...
Forget Halloween! Retailers are already duking it out to win your holiday business
NBC News - 25 Oct 2018 06:21
Retailers are competing to offer the best deals this holiday season.
Cathay Pacific shares hit nine-year low after data leak affects 9.4 million passengers
Reuters - 25 Oct 2018 06:05
Shares of Cathay Pacific Airways Ltd dropped more than 6 percent on Thursday to a nine-year low after it said data of about 9.4 million passengers of Cathay and its unit, Hong Kong Dragon Airlines Ltd, had been accessed ...
Campbell Soup boss apologizes for VP's Soros conspiracy tweet
New York Post - 25 Oct 2018 05:43
Campbell Soup's interim chief executive apologized for a tweet from one of the company's senior employees that peddled a conspiracy theory about the migrant caravan headed to the US-Mexico border. Kelly Johnston, Campbel...
AMD's stock craters more than 20% after weak graphics sales
Market Watch - 25 Oct 2018 03:37
Advanced Micro Devices Inc. shares plummet in the extended session Wednesday after the chip maker's outlook and revenue fall short of Wall Street estimates owing to weaker-than-expected graphics sales.
: Alphabet stock falls after Google beats on earnings, but sales come up short
Market Watch - 26 Oct 2018 01:14
Alphabet Inc. stock fell roughly 3% in the extended session Thursday after the company reported better-than-expected profits that handily beat Wall Street expectations but missed revenue analyst revenue projections.
Microsoft, Tesla and Twitter jump while AMD skids
ABC News - 26 Oct 2018 01:10
Microsoft, Tesla and Twitter rally while Advanced Micro Devices falls
Oil recover with stock markets, demand concerns weigh
Reuters - 25 Oct 2018 20:23
Oil prices rose on Thursday alongside U.S. stock markets as Wall Street recovered from the worst meltdown since 2011 the previous day, allaying some fears that a slowdown in global economic growth would hit demand for oi...
Madrid earns 88.6M euros in Champions League prize money
Miami Herald - 25 Oct 2018 20:07
Champions League winner Real Madrid earned 88.6 million euros ($101.2 million) in prize money from UEFA last season, while beaten finalist Liverpool pocketed 81.2 million euros ($92.7 million). Semifinalist Roma …
What's Driving Superstar Companies, Industries, and Cities
Harvard Business Review - 25 Oct 2018 19:41
Top companies account for a higher share of profits than they used to.
Twitter shares hit biggest one-day gain as ad sales surge
Reuters - 25 Oct 2018 19:09
Twitter Inc shares jumped as much as 22 percent on Thursday, putting them on track for their biggest one-day gain, as the social media company easily beat Wall Street's revenue and profit estimates by selling more ads ev...
Can Tesla Sustain Its Profitability Going Forward?
Forbes - 25 Oct 2018 19:08US durable goods orders edged up modest 0.8 percent
Miami Herald - 25 Oct 2018 18:55
Orders to U.S. factories for big-ticket manufactured goods slowed significantly in September, while a key category that tracks business investment fell for a second straight month. Demand for durable goods …
American Airlines' profit margin forecast helps shares up
Reuters - 25 Oct 2018 18:52
American Airlines shares rose 4 percent on Thursday after the company said its profit margin for the current quarter would be higher than most on Wall Street expected, helped by a dip in fuel costs from their recent spik...