Business News
Athenahealth fetches $5.7 billion cash buyout offer
Miami Herald - 12 Nov 2018 19:11
Athenahealth shares soared Monday after the struggling medical billing software maker received a $5.7 billion cash buyout offer. Veritas Capital and Evergreen Coast Capital plan to give athenahealth shareholders $135 …...
Global stocks sell off as tech tumbles; dollar hits 16-month high
Reuters - 13 Nov 2018 01:47
U.S. and European stocks fell sharply on Monday, with tech stocks in both regions getting hammered, while the U.S. dollar surged to its highest point in 16 months against a basket of currencies amid concern about Europea...
Diageo to sell off Seagram's VO, other lower-end liquor brands
New York Post - 12 Nov 2018 18:39
Spirits company Diageo is selling 19 lower-end brands including Seagram’s VO Canadian whiskey and Goldschlager cinnamon schnapps to US-based Sazerac for $550 million, as it focuses on its premium labels such as Johnnie...
The Wall Street Journal: Vista strikes $1.94 billion deal to take software firm Apptio private
Market Watch - 12 Nov 2018 07:31
Tech-focused private-equity firm Vista Equity Partners struck a deal to take software company Apptio Inc. private for $1.94 billion, according to people familiar with the matter.
Alibaba nets record $30 billion in Singles' Day haul, but growth rate plunges
Reuters - 12 Nov 2018 06:30
Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual growth dropped to its ...
Singles' Day tops record $30 billion for Alibaba
NBC News - 12 Nov 2018 06:12
Alibaba recording $10 billion in sales in just one hour as shoppers around the world snapped up hot items including iPhones, furniture and milk powder.
Watch Wiz Khalifa, Leslie Jones and Jonah Hill Experience Virtual Reality in New Oculus Ad
AdWeek - 13 Nov 2018 00:58
Oculus has a new star-studded 60-second spot that aims to highlight how virtual reality entertainment--not just gaming--could be appealing to the masses. Just in time for the holiday shopping season, the Facebook-owned V...
Party of One
The New Yorker - 13 Nov 2018 00:00
Amy Davidson Sorkin writes about the midterm elections, and their aftermath.
US stocks move broadly lower in early trade; oil rising
Miami Herald - 12 Nov 2018 19:12
U.S. stocks moved broadly lower in early trading Monday, weighed down by losses in technology companies and banks. Consumer-focused companies and media and communications stocks also took losses. Crude oil …
The science behind holding a work meeting that doesn't drive people crazy
Market Watch - 12 Nov 2018 19:03
A team of psychological scientists provides recommendations for getting the most out of meetings.
3 Business Models That Could Bring Million-Dollar Cures to Everyone
Harvard Business Review - 12 Nov 2018 19:00
Gene therapy is a medical breakthrough, but today it’s prohibitively expensive.
Amazon HQ favorites: Similar basics, different vibes
Miami Herald - 12 Nov 2018 18:45
The communities said to be favored to become homes to a pair of big, new East Coast bases for Amazon are both riverfront stretches of major metropolitan areas with ample …
Markets Right Now: Tech, internet stocks lead early declines
ABC News - 12 Nov 2018 18:41
Stocks are opening moderately lower on Wall Street, led by declines in technology and internet companies.
The Implied Analyst 12-Month Target For The iShares U.S. Technology ETF
Forbes - 12 Nov 2018 18:18Best-seller Sarah Dessen has new book, new publisher
Miami Herald - 12 Nov 2018 18:12
Sarah Dessen, one of the country's most popular authors for teenagers, has a new publisher. HarperCollins Publishers announced Monday that it will release Dessen's "The Rest of the Story" on …
Tobacco giant shares burnt by menthol ban report
Sky News - 12 Nov 2018 18:11
Rothmans and Lucky Strike owner British American Tobacco (BAT) has seen billions of pounds wiped off its market value after a report claimed US regulators are planning to ban menthol cigarettes.
In race to fill LNG supply gap, project goalposts have changed
Reuters - 12 Nov 2018 11:09
The race is on for liquefied natural gas (LNG) producers to build export terminals as demand soars, but the criteria for financing such mega-projects have shifted as traditional relationships with LNG consumers have begu...
Historical building in North Country to be revitalized
Miami Herald - 12 Nov 2018 09:08
A home to a former pharmaceutical company in northern New Hampshire will be renovated to make room for a market, a produce distribution group, and apartments. The 1860s Parker J. …
BofA faces lawsuit over use of the name Erica
American Banker - 12 Nov 2018 07:35
A Colorado business owner and the second-largest U.S. bank are set to go to court this month over his intellectual property claim that he owns the service mark for an online virtual assistant named Erica. That is the sam...
Bank of America, Citigroup and City National: Bankers on the move
American Banker - 12 Nov 2018 07:35
The industry saw some well-known executives step down from their roles or take on new ones during the past month.
Asia Markets: Asian markets largely rally, making up from early losses
Market Watch - 12 Nov 2018 07:27
After a soft opening, Asian equities have broadly turned higher as the market looked to rebound from Friday's weakness, although investors remained wary of lingering U.S.-China trade tensions and sinking oil prices.
A top Sinaloa cartel leader has plead guilty in Chicago, and he could play a big role in 'El Chapo' Guzman's trial
Business Insider - 12 Nov 2018 06:30
REUTERS/Daniel Aguilar CHICAGO (AP) — A former top lieutenant to Joaquin "El Chapo" Guzman and likely witness at the Mexican drug lord's New York trial has pleaded guilty to trafficking conspiracy in Chicago, saying in...