Business News
Petronas of Malyasia buys Amplus Energy in ₹2,700 crore deal
livemint.com - 15 Apr 2019 14:44
The ₹2,700 crore Petronas-Amplus deal, expected to be completed later this month, marks Petronas' foray into renewable energy.India's renewable energy sector is attracting investor interest as the market has few develo...
Bank results curb Wall Street, oil falls as Russia mulls production boost
Reuters - 15 Apr 2019 22:38
Underwhelming quarterly results from U.S. banks limited gains in world stocks on Monday, and oil prices fell after Russia said it and OPEC may decide to boost production.
Rusal Invests $200M in America's First Low-Carbon Environmentally Conscious Aluminum Mill
Forbes - 15 Apr 2019 03:51
With today's investment of $200M from Rusal, other major investors in the wings, and Braidy Industries' plan to go public by the end of 2019, the future of Ashland and the face of global aluminum is about to change forev...
Retail apocalypse watch: Apple and Tesla won’t save dying malls
Fast Company - 15 Apr 2019 17:25
Experiential retail may be a false hope for struggling malls. While Apple and Tesla are some of the hottest brands around, even they can’t stop the mallpocalypse. Not even Eataly’s promise of wine, cheese, and freshl...
A New School For Sustainable Fashion That's Free
Forbes - 15 Apr 2019 14:28
There's a new school for aspiring fashion entrepreneurs. And it's free.
The Wall Street Journal: Caesars set to name Anthony Rodio as CEO, explore takeover interest
Market Watch - 15 Apr 2019 04:18
Caesars Entertainment Corp. is preparing to name Anthony Rodio as its next chief executive and say it will evaluate takeover interest in the casino operator, people familiar with the matter said.
Asia's tech champions zero in on main street banking
Reuters - 15 Apr 2019 02:48
Asia's internet firms are challenging the region's traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China by tech giants Alibaba and Tencent.
Trump Vowed To Save Coal But U.S.' Largest Mining Basin Remains In Decline
Forbes - 15 Apr 2019 02:08
As American coal-fired plants get shuttered, business difficulties continue to clobber the Powder River Basin.
The Wall Street Journal: Catalent to buy Paragon Bioservices in $1.2 billion gene-therapy-drug deal
Market Watch - 15 Apr 2019 01:13
Contract drug manufacturer Catalent Inc. agreed to buy closely held Paragon Bioservices Inc. for $1.2 billion, according to people familiar with the matter, the latest deal in the emerging market for gene-therapy drugs.
As Entrepreneurs, We Can All Learn From The Chance IKEA Is Taking
Forbes - 15 Apr 2019 23:19
IKEA is taking a significant risk with their new concept in Manhattan. As entrepreneurs, there are valuable lessons here to be gained (at scale) for you and me.
Trump seeks mileage for tax cuts at truck company appearance
Miami Herald - 15 Apr 2019 23:00
President Donald Trump played up the benefits of his tax cuts on Monday's tax filing day in a state where he's aiming to turn a narrow defeat in the 2016 …
United plans non-stop flights between New York and Cape Town from December
Reuters - 15 Apr 2019 21:12
United Airlines said on Monday it plans to operate non-stop flights between New York and Cape Town thrice a week starting December.
Researchers Confident Deep Learning And Math Can Help End Veteran Suicide
Forbes - 15 Apr 2019 21:00
A leading team of U.S. researchers is working to save lives using an unlikely method--math.
Grieving, Loss and Running a Business: Virtual Umbrella Founder Samantha Kingston Tells Her Story
Forbes - 15 Apr 2019 20:34
As part of a series looking into the under-discussed side of founding a company, Forbes speaks with the founder of Virtual Umbrella, Samantha Kingston, about building a business while going through grief.
Superhot VR made more revenue than the original
Venture Beat - 15 Apr 2019 19:52
Superhot VR has sold over 800,000 copies. It has made more in revenue than the original, non-VR version of the stylistic shooter.
Your Smartphone Is A Sinkhole Where Productivity Goes To Die
Forbes - 15 Apr 2019 19:50
Smartphones enable our always-on culture, where even the briefest moment of downtime prompts us to scroll through never-ending feeds designed to keep us hooked. With technology at our fingertips, we no longer have reason...
How Transparent Is Your Marketing Spend?
Forbes - 15 Apr 2019 19:30
Every effort to measure and improve the contribution of marketing investments to the business is limited by the ability of finance and marketing to work together to improve the way they currently track, classify, and acc...
Exclusive: UniCredit to pay over $1 billion to settle U.S. sanctions probes - source
Reuters - 15 Apr 2019 18:59
UniCredit, Italy's biggest lender, will pay over $1 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, a person familiar with the matter said on Monday.
Amenity Analytics raises $18 million for AI that parses regulatory filings and earnings calls for key points
Venture Beat - 15 Apr 2019 18:34
Amenity Analytics has raised $18 million for natural language processing technology that detects sentiment and more in coverage and social media activity.
Jack Daniel's AR app turns whiskey bottles into pop-out storybooks
Venture Beat - 15 Apr 2019 18:26
Augmented reality isn't always amazing, but when a storybook pops out of a Jack Daniel's bottle, you may wonder whether you've had too much to drink.
The 10 Questions To Ask When Valuing Your Equity
Forbes - 15 Apr 2019 18:15
Equity is a key part of any startup employee's compensation. Here are the 10 things to know when valuing your shares.