Business News
Trump’s SOTU Cabinet Isn’t Going To Be Around For Long
TPM - 5 Feb 2019 20:14
There are going to be a lot of new butts in the chairs reserved for President Trump’s cabinet at the...
Nissan board taps Renault's Senard, shareholders meeting set
Miami Herald - 5 Feb 2019 12:57
Nissan's board has chosen as a director Jean-Dominique Senard, who was recently appointed chairman at the Japanese automaker's alliance partner Renault SA of France. Nissan Motor Co. said in a …
Loose money era leaves trail of U.S. corporate debt junkies
Reuters - 5 Feb 2019 08:22
Many U.S. companies that gorged on cheap debt with forgiving terms over the last decade now find themselves shackled by it, spending much of their earnings paying off lenders rather than investing in their businesses or ...
U.S. deems EU allies 'top priority' in cutting Huawei out of 5G networks
Venture Beat - 5 Feb 2019 20:35
The United States' global campaign to keep Chinese hardware out of 5G networks is now focusing on European Union officials in and around Brussels.
Asian stocks extend gains on firm Wall St, Fed outlook
Reuters - 5 Feb 2019 05:05
Asian stocks extended their gains on Tuesday as overnight strength on Wall Street and the Federal Reserve's dovish turn underpinned risk appetite, while the dollar held firm on last week's upbeat U.S. data.
Trump dined with Fed chief Powell at White House to discuss economy
USA Today - 5 Feb 2019 05:05Papa John's scores $200M investment, new chairman
New York Post - 5 Feb 2019 04:31
There's a new big cheese at Papa John's -- and embattled founder John Schnatter is not happy about it. The pizza franchisor announced a $200 million investment from hedge fund Starboard Value Monday in a deal that places...
Google-Parent Alphabet Reports Surge In Spending And Hiring, Hitting Nearly 100,000 Employees
Forbes - 5 Feb 2019 04:01
In Alphabet's fourth quarter earnings, the company reported an increase in spending, as well as aggressive hiring.
Millions in cryptocurrencies frozen after Canadian founder's death
Reuters - 5 Feb 2019 02:44
About C$180 million ($137.21 million) in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly in ...
A 25-year battle to improve the image of McDonald's
The Economist - 5 Feb 2019 20:39
EVERYDAYMcDonald's serves 69m customers, more than the population of Britain or France. The company has what is estimated to be the most valuable fast-food brand in the world, cherished as a cheap dining option for famil...
Ralph Lauren steps up Instagram game, tops holiday sales forecasts
Reuters - 5 Feb 2019 19:16
A marketing blitz involving supermodels and Instagram helped Ralph Lauren woo more customers and report another quarter of better-than-expected sales and earnings, sending its shares up over 12 percent on Tuesday.
Trump Expected To Tap World Bank Critic To Be Its President
TPM - 5 Feb 2019 17:20
President Donald Trump is expected to tap David Malpass to lead the World Bank, despite the Treasury official’s documented conservative...
Appaloosa renews call to separate chairman, CEO roles at Allergan
Reuters - 5 Feb 2019 16:49
Hedge fund Appaloosa LP has urged Allergan Plc's board to separate the roles of chairman and chief executive officer, it said on Tuesday, a year after making a similar effort.
Markets Right Now: Strong earnings send US stocks higher
ABC News - 5 Feb 2019 16:44
Stocks are opening higher on Wall Street as investors welcomed some strong earnings reports from U.S. companies.
London Markets: London markets climb after higher than expected BP profits
Market Watch - 5 Feb 2019 16:34
London markets were up on Tuesday, boosted by BP's higher than expected profit announcement and a technology stock rally on Wall Street late on Monday
GlaxoSmithKline and Merck KGaA strike immunotherapy deal worth up to $4 billion
Market Watch - 5 Feb 2019 16:30
U.K.-based GlaxoSmithKline Plc and Germany-based Merck KGaA are entering a partnership to develop and commercialize a therapy for patients with advanced non-small cell lung cancer in a deal worth up to $4.23 billion, the...
3M To Continue Steady Growth Through 2019
Forbes - 5 Feb 2019 16:29T-Mobile promises not to raise prices for 3 years if Sprint merger is approved
USA Today - 5 Feb 2019 16:22
T-Mobile CEO John Legere told the FCC the wireless provider will not raise prices for three years if its $59 billion merger with Sprint is approved.
Some State Gov. Branches Are At Odds Over Cannabis Business Support
Forbes - 5 Feb 2019 16:18
When depts. are at odds and rules are unclear, cannabis entrepreneurs are at risk
Iran says Europeans aren't buying oil despite US waivers
Miami Herald - 5 Feb 2019 16:16
Iran says European nations have not responded to its offers to sell them crude oil despite having U.S. waivers. The semi-official Fars news agency on Tuesday quoted Oil Minister Bijan …
The Skills Required To Tackle Global Problems
Forbes - 5 Feb 2019 16:05
The World Economic Forum believe global problems require a cooperative approach to solve them, but that such cooperation is on the decline. What skills do we need to give us a chance?
Instagram's Favorite Multivitamin Ritual Just Raised $25 Million To 'Stay The Course'
Forbes - 5 Feb 2019 16:01
Just over two years ago, Ritual launched with one product: a clear pill purporting to deliver the nine essential nutrients every woman needs. Today the company announced it closed a $25 million Series B, bringing the tot...