Business News
Boohoo raises sales forecast after a very nice Christmas
The Guardian - 15 Jan 2019 21:03
Young shoppers flock to online fashion group's Nasty Gal and PrettyLittleThing websites The online fashion group Boohoo has emerged as a Christmas winner after young shoppers made a beeline for its PrettyLittleThing and ...
Smartsheet acquires TernPro, maker of collaboration tool Slope
Venture Beat - 15 Jan 2019 16:00
Smartsheet, a Seattle-area company that builds cloud-based collaboration software, has acquired TernPro, maker of the popular Slope tool.
Huntington building AI into digital advice tools
American Banker - 15 Jan 2019 05:44
Its savings, budgeting, spending and goal-setting tools, combined with artificial intelligence to add smart insights and advice, are a good example of how regional banks are trying to distinguish their mobile products fr...
Cryptos: Americans lost $1.7 billion trading bitcoin in 2018 -- and more than half don't know they can claim a deduction
Market Watch - 15 Jan 2019 16:44
Americans who owned bitcoin in 2018 took a shellacking, and according to a survey, a surprising number of them don't plan on taking advantage of the one bright spot: a tax deduction.
The Wall Street Journal: Auto makers stung by falling sales in China in 2018
Market Watch - 15 Jan 2019 05:10
Chinese passenger-vehicle sales fell last year for the first time since 1990 as economic uncertainty weighed on consumers, producing a wreck for Ford Motor Co., General Motors Co. and other manufacturers.
Oil rises 1 percent on supply cuts, but economic slowdown weighs on outlook
Reuters - 15 Jan 2019 05:02
Oil prices rose 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook capped gains.
Company known for deep cost-cutting offers to buy Gannett
ABC News - 15 Jan 2019 04:00
A hedge fund-backed bid to buy Gannett Co., the publisher of USA Today and several other major dailies, is renewing fears of consolidation, job losses and declining news coverage in the already battered newspaper industr...
Creating What Could Be The First 3-Star Michelin Restaurant In Thailand
Forbes - 15 Jan 2019 02:46
We take a behind the scenes look at what it takes to create an award-winning fine dining restaurant, and how one hotel in Bangkok is using food and beverage and unused space to turn big profits
How This Chicago Nonprofit Is Changing Education As We Know It
Forbes - 15 Jan 2019 21:05
Supported by some of the largest donors such as The Bill & Melinda Gates Foundation, this Chicago nonprofit is changing the way we teach and lead in education through personalized learning--and it's much more than school...
French court cancels Monsanto weedkiller permit on safety grounds
Reuters - 15 Jan 2019 16:55
A French court canceled the license for one of Monsanto's glyphosate-based weedkillers on Tuesday over safety concerns, in the latest blow to the Bayer-owned business.
New, Nail-Biting NYT Ads Tell the Harrowing Details of the Staff's International Investigations
AdWeek - 15 Jan 2019 16:53
The military-run government of Myanmar is one of the most merciless regimes on Earth, but that didn't stop a New York Times reporter from giving her official minders the slip when investigating reports of an ethnic clean...
Hampered by scandals, Wells Fargo's profits stagnate
ABC News - 15 Jan 2019 16:45
Wells Fargo, the consumer banking giant, said its fourth-quarter profits fell slightly as the bank remains restrained by federal regulators,
Markets Right Now: Stocks inch higher in early trading
ABC News - 15 Jan 2019 16:41
Stocks are inching higher in early trading on Wall Street as fourth-quarter company earnings reports start to roll in.
Suze Orman says you need $5 million to retire. That's nonsense
Market Watch - 15 Jan 2019 16:38
Even people with modest balances can comfortably retire
Fuel thieves hit critical Mexican pipeline again
Miami Herald - 15 Jan 2019 16:35
Mexico's President Andres Manuel Lopez Obrador says fuel thieves have again damaged a critical pipeline that supplies the capital with fuel piped in from the Gulf coast. Lopez Obrador says …
Ford and VW agree alliance to build vans and pickups
BBC - 15 Jan 2019 16:25
The motor giants say they will also consider co-operating on electric and self-driving cars.
U.S. holiday shoppers spend record $126 billion online: Adobe
Reuters - 15 Jan 2019 16:21
U.S. shoppers spent a record $126 billion on online shopping during the 2018 holiday season, taking advantage of early discounts on Amazon.com and other websites and with more people using smartphones to place their orde...
Sioux City officials consider $16M riverfront project plan
Miami Herald - 15 Jan 2019 16:10
Sioux City officials are considering a $16.4 million plan for its riverfront, though there are concerns there's not enough parking space. The Sioux City Journal reports that architecture company SmithGroup …
JPMorgan misses on revenue, earnings; echoes Citi in trading slump
American Banker - 15 Jan 2019 16:07
The bank, which plans to host an investor day next month, didn't provide any annual targets for 2019. The company said it expects net interest income to be little changed in the first quarter.
With $261 million raise, cloud data management company Rubrik hits $3.3 billion valuation
Venture Beat - 15 Jan 2019 16:00
Data management platform Rubrik has raised $261 million in a series E round of funding from Bain Capital Ventures, Lightspeed Venture Partners, and others.
Bringg raises $25 million to facilitate last-mile deliveries
Venture Beat - 15 Jan 2019 15:00
Bringg, a last-mile logistics startup tapped by Walmart, Panera, and Coca-Cola, has raised $25 million to expand its clientele.
Japanese court says it's rejected latest bail request for detained Nissan ex-chairman Carlos Ghosn.
ABC News - 15 Jan 2019 08:50
Japanese court says it's rejected latest bail request for detained Nissan ex-chairman Carlos Ghosn.