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Business News

Location American Business News for 19 September 2019
Fentanyl Drug Finds New Home in First Opioid Crisis Bankruptcy Deal Insys Therapeutics won bankruptcy-court approval to sell Subsys, the opioid that spawned criminal racketeering charges against its top executives and set off investigations and lawsuits that plunged the company into bank...
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Defaulting to Truth: The Tragedy Of Taylor Swift And Kanye West How does a new interview by Taylor Swift and a new book by Malcolm Gladwell explain the Shakespearian tragedy of Swift's relationship with Kanye West? You're about to find out.
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What Happens When It Is Too Expensive To Protect Athletes From Sexual Predators? This year alone has seen a 55% increase in reports of sex abuse and other misconduct than last year. That amounts to an average of 239 reports a month, compared with 154 during a typical month last year and 31 during 201...
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Oil futures climb Thursday, finding support after a report Saudi Arabia contacted foreign producers for crude as it attempts to fill holes in its supply chain following last weekend's attacks on the country's production ...
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Walmart's Chief Executive to Chair the Business Roundtable

The New York Times - 19 Sep 2019 16:51
Walmart C.E.O. Doug McMillon will head the C.E.O. trade group and replace JPMorgan's chief, Jamie Dimon.
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Residential Solar: Becoming Increasingly Cost-Effective And Customer-Friendly Average installed costs for residential solar have fallen below $3 per Watt for the first time, and the price gap has narrowed between the highest quality panels and the next tier down.
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Google is growing its flood prediction AI coverage during the 2019 monsoon season in India to cover more than 11,000 square kilometers.
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Beto O'Rourke Proposes Drug War Reparations Funded By Marijuana Taxes Former Rep. Beto O'Rourke's cannabis plans in many respects goes further than those proposed by other 2020 presidential candidates.
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Overstock's ex-CEO Patrick Byrne sells all of his shares Patrick Byrne -- the controversial ex-CEO of Overstock -- sold all his shares this week. Byrne -- who left the discount furniture seller in a cloud of controversy after confessing to a romantic relationship with a Russia...
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GE Power Employees Took Over Company's Social Accounts to Tout Its Efficient Gas Turbine GE teamed up with VaynerMedia on an initiative that handed control of its social media accounts to four GE Power employees last week in order to provide the public with a behind-the-scenes look at its GE-HA gas turbine. ...
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Box Office: 'Joker' Tracking For $82 Million As Will Smith's 'Gemini Man' Hopes For $30 Million Can Will Smith's recent successes in 'Suicide Squad' and 'Aladdin' provide any capital to an original, less-fantastical action movie?
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The Queen was replaced by Beyoncé in Madame Tussauds' royal display because she's 'music royalty' Madame Tussauds London Beyoncé has taken the place of Queen Elizabeth in the royal exhibition at Madame Tussauds in London. For one day only, the singer's waxwork figure has been placed alongside the Duke and Duchess of...
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John Mayer Is Doing Better Than Ever On The Rock Chart -- At Least That's What The Numbers Say John Mayer's singles might not sell as well as they used to, but in the rock world, they're rising higher than ever before.
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Japan's top carrier will offer trial 5G service on September 20 before bringing base stations to all of the country's prefectures next year.
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3 Things to Expect From The Oklahoma City Thunder Heading Into Training Camp With training camp set to kick of in Oklahoma City on October 1, less than 2 weeks stand between Thunder fans and basketball ramping back up. With it getting closer, let's look at three things to expect from the Oklahoma...
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Huawei Seeks Out Partners At Shanghai Gathering That Attracts 25,000 In a land of remarkable business stories, Huawei is an easy standout in the past three decades, employing 194,000 around the world
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Hogan's Heroes Makes A Comeback Nearly Five Decades After It Went Off The Air Hogan's Heroes, the first and only sitcom based in a Nazi Prisoner of War camp, is being resurrected nearly five decades after it last aired on CBS.
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AT&T Considering Split With DirecTV

Wall Street Journal - 19 Sep 2019 02:48
AT&T Considering Split With DirecTV AT&T is exploring parting with its DirecTV unit, people familiar with the matter said, a move that would mark a mark a sharp course correction in strategy for the phone giant.
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Zuckerberg Heads to Capitol Hill to Push His Version of Web Regulation Facebook Inc. CEO Mark Zuckerberg will pitch to lawmakers his moderate vision for internet regulation and seeking to placate lawmakers who are weighing tougher moves.
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Airbnb Inc took in more than $1 billion in revenue for the second quarter of 2019, the second time it exceeded that level in its decade-plus history, the home rentals company said in a statement on Wednesday.
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Brits Are Not Buying Luxury Properties In France Anymore -Because Of Brexit The number of British buyers of luxury property in France has dropped by 40% in less than five years due to Brexit and the weakening of the pound sterling.
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Bob Iger: Disney, Apple may have merged if Steve Jobs were alive It’s the kind of merger that could only be dreamt up in the Magic Kingdom. Disney CEO Bob Iger believes he may have merged with Apple if the late-Steve Jobs were still around. "I believe that if Steve were still alive,...
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