Business News
Datadog acquires French AI-powered app-testing startup Madumbo
Venture Beat - 12 Feb 2019 17:00
Datadog has acquired under-the-radar French startup Madumbo, which develops an AI-powered app-testing service. Terms of the deal were not disclosed.
U.S. job openings hit record high; workers more scarce
Reuters - 12 Feb 2019 21:05
U.S. job openings surged to a record high in December, led by vacancies in the construction and accommodation and food services sectors, strengthening analysts' views that the economy was running out of workers.
Irrational Exuberance On Pending China Trade Deal
Forbes - 12 Feb 2019 14:51your taxes 2019: They're Rich and They're Mad About Taxes (Too Low!)
The New York Times - 12 Feb 2019 19:33
An affluent few are raging against a tax law that puts more money -- a lot more -- in their pockets. Friends call them 'traitors to their class.'
US markets rise on lawmakers' deal to avoid government shutdown
USA Today - 12 Feb 2019 17:39Sum Up The Pieces: The iShares Core S&P Mid-Cap ETF Could Be Worth $207
Forbes - 12 Feb 2019 17:08Budget deal allows far less money than Trump wanted for wall
Miami Herald - 12 Feb 2019 14:51
Congressional negotiators reached agreement to prevent a government shutdown and finance construction of new barriers along the U.S.-Mexico border, overcoming a late-stage hang-up over immigration enforcement issues that...
Hammond's Brexit 'deal dividend' not credible, MPs say
BBC - 12 Feb 2019 12:30
A committee of MPs also says the government's aim of eliminating the budget deficit has "no credibility".
Government shutdowns add new wrinkle to credit bureau reform
American Banker - 12 Feb 2019 05:08
As another possible shutdown looms, concerns about furloughed workers' credit histories have shifted the reform discussion away from data security.
Sears' controversial ex-chairman closes deal to buy the company, keeping 425 stores open
USA Today - 12 Feb 2019 03:51
Sears' controversial ex-CEO has closed the deal to buy the beleaguered company for $5.2 billion. 425 Sears and Kmart stores will remain open.
Investor to challenge Zayo Group after Blackstone bid nixed
New York Post - 12 Feb 2019 01:26
A Bill Ackman protégé is angling to fight Zayo Group Holdings after the company rejected a $6 billion-plus offer in the last few days from the Blackstone Group, sources told The Post. Former Pershing Square investor Sc...
Virgin/Brightline railway shelves IPO plans
Miami Herald - 12 Feb 2019 22:00
Virgin Trains USA, formerly known as Brightline, has decided to shelve plans for a previously announced initial public offering. "As we explored a public offering, a number of alternative financing …
New Yorkers support $3 billion for Amazon's second headquarters, poll finds
USA Today - 12 Feb 2019 20:19
By 56 percent to 36 percent, New Yorkers approved of the agreement between New York and Amazon amid ongoing opposition from local leaders.
Americans lost $87 billion in productivity to bad traffic in 2018
USA Today - 12 Feb 2019 17:40
Just how much time and money do you waste sitting in traffic every year? According to a new report, it’s around $87 BILLION dollars!
Cambodia blasts EU move to consider lifting trade privileges
Miami Herald - 12 Feb 2019 17:08
Cambodia issued a strong response on Tuesday to the European Union's announcement that it is beginning the process to withdraw preferential duty-free and quota-free status for imports from the Southeast …
In government shutdown aftermath, federal workers still hurting, survey finds
USA Today - 12 Feb 2019 17:03
In the aftermath of the government shutdown, a survey from Prudential Financial underscores how vital even one missed paycheck is for many Americans.
Markets Right Now: US stocks rise on deal to avoid shutdown
ABC News - 12 Feb 2019 17:00
Stocks open higher ahead of key trade talks between the US and China, with fears of a slowdown lingering
Fast-growing Spirit Airlines expands to Charlotte
USA Today - 12 Feb 2019 17:00
Spirit Airlines will make its debut there on June 20, launching nonstop service to four destinations. City will be Spirit's fourth in North Carolina.
Wells Fargo's 2019 net interest income dependent on loan growth, deposits: CFO
Reuters - 12 Feb 2019 16:53
Wells Fargo & Co expects its net interest income, a key measure of bank profitability, to be up or down 2 percent for the year in 2019, depending on deposit pricing and loan growth.
Fox And Friends Celebrates Funding Deal With A Mere $1 Billion For Border Wall
TPM - 12 Feb 2019 16:51
The Fox and Friends hosts, some of the most influential unofficial advisers to President Donald Trump, cheered the tentative compromise...
Goldman Sachs to boost number of mid-sized corporate clients: CEO
Reuters - 12 Feb 2019 16:51
Goldman Sachs Group Inc Chief Executive Officer David Solomon said on Tuesday the bank aims to boost the number of mid-size corporate clients it serves over the next few years.
Brexit: Mark Carney warns of no-deal 'economic shock'
BBC - 12 Feb 2019 16:50
The Bank of England governor urges MPs to solve the Brexit impasse amid warnings of slowing global growth.