Business News
Dick's Sporting Goods Sales Fell in Year After C.E.O. Restricted Gun Sales
The New York Times - 12 Mar 2019 15:14
Edward Stack become a prominent voice for gun safety after the deadly mass shooting in Parkland, Fla., last year. That may be taking a toll on his business.
The smart fridge and other tech in Wells Fargo's innovation lab
American Banker - 12 Mar 2019 23:11
Shari Van Cleave, head of digital labs at the bank, discusses customer-facing technology it's testing, including wearables and the so-called internet of things.
Finland ironically becomes latest front in global 5G health battle
Venture Beat - 12 Mar 2019 17:13
Finnish engineers are famously early cellular pioneers, but local citizens recently launched a petition to ban the 5G technology they've been working on.
Some Kentucky teachers close schools as legislature returns
Miami Herald - 12 Mar 2019 15:22
Kentucky's largest school district is closed again as about one third of its teachers called in sick so they could protest at the state Capitol. Tuesday was the fourth time …
Ghosn 'disappointed' at ban from Nissan meeting, wants to fulfill duties
Reuters - 12 Mar 2019 06:10
Former Nissan Motor Co boss Carlos Ghosn said he was disappointed that a Tokyo court had rejected his request to attend the car maker's board meeting on Tuesday, and that he was still willing to carry out his duties as a...
Billionaire Icahn increases stake in Caesars Entertainment
Miami Herald - 12 Mar 2019 02:52
Activist investor Carl Icahn has upped his stake in casino giant Caesars Entertainment. The billionaire, who is seeking fundamental changes in the Las Vegas-based company, on Monday disclosed in a …
Outside the Box: Why we hire veterans
Market Watch - 12 Mar 2019 17:34
Military veterans are extremely capable and eager to excel as employees, but many companies don't even give them a chance.
If you're a Verizon customer on the East Coast, you might be having trouble texting right now
USA Today - 12 Mar 2019 15:42Metals Stocks: Gold prices climb ahead of Brexit vote
Market Watch - 12 Mar 2019 13:46
Gold gains ground as investors await a vote by U.K. lawmakers on Prime Minister Theresa May's Brexit plan.
Did Elon Musk break SEC fraud agreement with a recent tweet? His lawyers say he didn't
USA Today - 12 Mar 2019 04:59
Elon Musk's lawyers wrote that his Feb. 19 tweet did not reveal material information, nor did it alter the mix of data available to investors.
Thrilled With Trump's Tax Law: Blue Cross Blue Shield Parent HCSC Reaps $1.7 Billion Refund
The Huffington Post - 12 Mar 2019 04:58
And Health Care Service Corporation paid no taxes last year.
New Mobility Worth Billions? Venture Capital Thinks So
Forbes - 12 Mar 2019 04:18
If Uber and Lyft have yet to be profitable, and micro mobility only generates several dollars of revenue per scooter per day, why is there billions of dollars of venture capital in the space? Maybe they know something is...
Elon Musk's lawyers say SEC is overreaching in seeking contempt ruling
Market Watch - 12 Mar 2019 03:23
Attroneys for Elon Musk on Monday accused the Securities and Exchange Commission of "concerning and unprecedented overreach" in their effort to ask a federal judge to hold the Tesla Inc. chief executive in contempt of co...
HTC Vive marketing exec leaves VR for Micron
Venture Beat - 12 Mar 2019 01:15
Rahul Sandil, former marketing executive at HTC's Vive virtual reality division, is jumping ship to Micron Technology, where he will run consumer marketing.
Hong Kong businessman seeks leniency in US bribery case
Miami Herald - 12 Mar 2019 19:45
Defense attorneys urged a U.S. judge Tuesday to grant leniency to a prominent Hong Kong businessman who was found guilty last year of bribing the presidents of two African nations. …
Analog and then some: the allure of the fountain pen
Miami Herald - 12 Mar 2019 17:07
In an age of screens and keyboarding, when kids hardly learn cursive anymore, fountain pens -- along with their old-timey accoutrements like blotters, bottled ink and fancy nibs -- are …
Ford Motor chairman says 'very' confident in CEO Hackett
Reuters - 12 Mar 2019 17:03
Ford Motor Co Executive Chairman Bill Ford said on Tuesday he is very confident in Chief Executive James Hackett's leadership and that the automaker is considering striking supply deals with a lithium producer.
Britain joins Boeing suspensions, investigators probe Ethiopia crash
Reuters - 12 Mar 2019 17:01
Britain joined a growing wave of suspensions of Boeing 737 MAX aircraft around the world on Tuesday, escalating the global alarm after a crash in Ethiopia that killed 157 people in the second such disaster for the model ...
College coaches, others indicted in admissions bribery case
Miami Herald - 12 Mar 2019 17:00
College coaches and others have been charged in a sweeping admissions bribery case unsealed in federal court. The racketeering conspiracy charges unveiled Tuesday were brought against the coaches at schools …
US government sued for costs of water contamination effects
Miami Herald - 12 Mar 2019 16:56
A water utility company and the owner of a farm in Colorado Springs are suing the federal government for at least $18 million, claiming the Air Force broke military polices …
Horse insurer gets 3 years in prison for $1.3M fraud scheme
Miami Herald - 12 Mar 2019 16:52
A Rhode Island insurance agent who specializes in insuring horses has been sentenced to three years in prison for defrauding clients, insurance companies and finance companies out of $1.3 million. …
Wells Fargo CEO draws bipartisan ire in Congress hearing
Reuters - 12 Mar 2019 16:52
Both Democratic and Republican lawmakers pressed Wells Fargo & Co Chief Executive Tim Sloan for more proof that the bank has moved past its customer abuse scandals in a tense hearing in Congress on Tuesday.