Business News
Report: White House Official Says Trump Personally Drew Sharpie Bubble On Map
TPM - 6 Sep 2019 13:26
As President Donald Trump won’t let the Hurricane Dorian map snafu out of his teeth, a White House official has...
Hans Rausing, Swedish Packaging Magnate, Is Dead at 93
The New York Times - 6 Sep 2019 21:36
One of the wealthiest people in Europe, he took over his father's company and helped bring Tetra Pak to supermarkets and breakfast tables around the world.
Slack Intensifies War of Words With Microsoft
Wall Street Journal - 6 Sep 2019 01:29Kanye West Reportedly Purchases $14 Million Wyoming 'Monster Lake Ranch'
Forbes - 6 Sep 2019 18:58
The property includes two lakes, a restaurant and event facilities.
Alicia Keys emerges as buyer of La Jolla's striking Razor House
L.A. Times - 6 Sep 2019 22:40
Alicia Keys has shelled out $20.8 million for La Jolla's Razor House, which is the priciest sale the coastal community has seen this year.
Activist investor presses First United in Maryland to sell
American Banker - 6 Sep 2019 17:28
Driver Management said it believes the company would create more shareholder value by finding a buyer.
WeWork is the latest sign tech IPO valuations are nonsense
Venture Beat - 6 Sep 2019 17:15
GUEST: With WeWork getting ready to start its pre-IPO road show, I’ve been thinking a lot about initial public offerings. The company, which provides shared workspace, has been valued at up to $47 billion despite the f...
Postmates Charmed Hollywood. Now The $1.85 Billion Delivery Startup Needs To Win Over Everyone Else.
Forbes - 6 Sep 2019 17:02
The celebrity megaphone helped Postmates survive the early shakeout among food delivery startups by broadcasting an image of hip affluence to Millennials in cities like L. A. and Miami.
Knowing If You Can Stomach the Next Big Market Swing
Wall Street Journal - 6 Sep 2019 17:02
That quiz your financial adviser gave you isn't really a good way of understanding your tolerance for risk. (And how would your adviser score on the same test?)
Support for Total Wine & More is waning in Queens
New York Post - 6 Sep 2019 03:57
A feisty group of mom-and-pop retailers and some flip-flopping legislators are trying to thwart one of the nation's biggest wine and liquor chains from opening in Queens, The Post has learned. Total Wine & More, which al...
Meredith Corp. stock drops after rough Time Inc. merger
New York Post - 6 Sep 2019 03:37
A rocky integration of the Time Inc. titles, a lack of plans to sell its TV stations and lowered expectations for the year ahead had Wall Street turning negative on Meredith Corp. on Thursday. The stock took a bashing --...
Is Brazilian Leather Out of Fashion? H&M Stops Buying Over Amazon Fires
The New York Times - 6 Sep 2019 03:19
One of the world's largest retailers will cease buying leather from the country, where cattle farmers are blamed for their part in accelerating deforestation.
CVS, Walgreens, Wegmans Join Retailers Urging Customers Not to Openly Carry Guns in Stores
Time - 6 Sep 2019 02:09
The announcements on Thursday follow similar moves by Walmart and Kroger
Big Oil undermines U.N. climate goals with $50 billion of new projects: report
Reuters - 6 Sep 2019 01:04
Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report pu...
Sensor Tower: Pokémon Masters makes $26 million in first week
Venture Beat - 6 Sep 2019 23:40
The new mobile Pokémon Masters made $26 million in its first week, according to mobile market analyst Sensor Tower. It is on iOS and Android.
AI Weekly: Protecting the powerful underpins debates at Stanford and MIT
Venture Beat - 6 Sep 2019 23:16
Petitions in support of MIT Media Lab director Joi Ito and in opposition to former Google CEO Eric Schmidt at Stanford University reveal AI ethics debates.
The RetroBeat: 5 SNES that Nintendo Switch Online still needs
Venture Beat - 6 Sep 2019 23:10
Super Nintendo games are finally on the Switch. And even after just one day, the library is already fantastic. But these 5 games would make it better.
Google open-sources datasets for AI assistants with human-level understanding
Venture Beat - 6 Sep 2019 23:05
Google open-sourced the Coached Conversational Preference Elicitation and Taskmaster-1 datasets to model natural language systems.
Samsung sells 2 million 5G phones, predicts over 4 million by end of 2019
Venture Beat - 6 Sep 2019 21:13
Growing demand for Samsung's 5G phones is leading to significant first-year milestones, even though the numbers are still well below 4G levels for now.
Done With Strategy? Eight Signs That A Revolution Is On Its Way
Forbes - 6 Sep 2019 20:30
There are no less than eight signs that a revolution in strategy is inevitable and on its way. Will this make strategy finally live up to its promise?
Wunderlist founder wants to buy his app back from Microsoft
Venture Beat - 6 Sep 2019 20:16
Four years after selling his company to Microsoft, 6Wunderkinder cofounder Christian Reber wants to buy the product back from the software giant.
Steam has over 40,000 'indie' games, and this is fine
Venture Beat - 6 Sep 2019 19:56
Steam adds hundreds of new games each month from developers all around the world. Its "indie" category alone has surpassed 40,000 store entries.