Business News
Longtime M&C Saatchi Leader Huw Griffith Dies at Age 55
AdWeek - 20 Sep 2019 13:08
Huw Griffith, CEO of M&C Saatchi North America, has died at age 55. A statement from M&C Saatchi L.A. read: "It is with a heavy heart that M&C Saatchi LA announces the passing of our CEO and Founder, Huw Griffith. A ment...
Camera Shootout: iPhone 11 Pro Vs. Galaxy Note 10 Vs. Vivo Nex 3
Forbes - 20 Sep 2019 01:18
Putting the cameras of the iPhone 11 Pro, Galaxy Note 10 and Vivo Nex 3 to an extensive test
The Ratings Game: Roku's stock still reeling as analyst asks, 'Is Roku broku?'
Market Watch - 20 Sep 2019 16:51
Shares of Roku Inc. sank again Friday, putting them on track for their worst weekly performance this year, as investors continued to express concern over increasing competition and an extreme valuation.
PG&E Bondholders Ally With Wildfire Victims to Propose New Bankruptcy Exit Plan
Wall Street Journal - 20 Sep 2019 01:34Tinder co-founder Sean Rad puts Hollywood Hills home back in play at $9.75 million
L.A. Times - 20 Sep 2019 03:50
Sean Rad, the tech entrepreneur who co-founded the dating app Tinder, has put his Hollywood Hills West home back on the market for $9.75 million
Commerzbank aims to cut jobs, branches after Deutsche merger fails
Reuters - 20 Sep 2019 16:59
Commerzbank said on Friday it wanted to shed thousands of staff and close a fifth of its branches in a strategy overhaul, after the German lender's attempt to merge with Deutsche Bank failed.
Will Wayfair Stock Fall 20%? Maybe -- But Not Because Its CEO Wants 'Non-Political' Employees
Forbes - 20 Sep 2019 16:33
Wayfair's CEO misspoke Thursday but bigger losses is why this analyst sees its stock falling 20%
Three Mile Island Nuclear Plant Shuts Down After 40 Years
Forbes - 20 Sep 2019 12:00
Three Mile Island Nuclear Station shut down after generating over 240 billion kWhs over 40 years because the state refused to provide a penny/kWh subsidy, less than half of what renewables get in subsidies, even though r...
The Unexpected Consequences of Being Too Optimistic About Growth
Wall Street Journal - 20 Sep 2019 11:30
In a slow economy, investors appear to be setting a high bar for improvements in corporate earnings. Bad things can happen when companies try to hit unrealistic targets.
Asian shares gain on economy hopes, oil edges up on Mideast tensions
Reuters - 20 Sep 2019 03:01
Asian share prices inched higher on Friday as economic stimulus around the world eased fears of economic deceleration while crude oil prices climbed on concerns that last weekend's attacks on Saudi Arabia's oil facilitie...
Conflict In The Middle East - How The Shale Gas Revolution Gives President Trump Room To Maneuver
Forbes - 20 Sep 2019 18:58
The recent attack on key Saudi oil installations, allegedly performed by drones, instantly destabilized the energy world. Simultaneously, it highlighted once again the importance of the shale revolution both to the Unite...
CDC Confirms 8th Vaping-Related Death
Forbes - 20 Sep 2019 12:36
The eighth U.S. death linked with vaping-related lung disease was announced on Thursday, as the total number of probable cases rose to more than 500.
Amazon plans to have 100,000 electric delivery vans on the road by 2030
Fast Company - 20 Sep 2019 08:41
But the company will roll out the new EV fleet much earlier—by 2021. Amazon CEO Jeff Bezos has revealed that his company has placed an order for 100,000 electric delivery vans from Michigan-based electric vehicle compa...
ETH,XRP, LTC, And XLM Stage Big Rally, Beat Bitcoin
Forbes - 20 Sep 2019 02:18
Has the "alt season" finally arrived?
"It Won't End Well": Trump and His Obscure New National-Security Chief
The New Yorker - 20 Sep 2019 01:52
Susan B. Glasser writes about President Donald Trump's appointment of Robert O'Brien to the post of national-security adviser, despite his lack of relevant experience.
Ryanair UK pilots cancel this month's strikes
Reuters - 20 Sep 2019 17:05
Ryanair pilots based in the United Kingdom have canceled five days of strikes set for this month, as unions and the low-cost airline gear up for further talks.
Fed's Clarida hails strong U.S. consumer but says risks remain
Reuters - 20 Sep 2019 17:04
The U.S. consumer sector is in excellent shape but risks to the economic outlook mean that the Federal Reserve will decide the course of interest rates from one meeting to the next, Fed Vice Chair Richard Clarida said on...
The DeanBeat: After all these years, Hollywood still doesn't get games
Venture Beat - 20 Sep 2019 17:00
NBCUniversal made a big mistake this week by deciding to shut down the game publishing business that Chris Heatherly spent almost three years building.
Facebook Sets Its Next 3 iD8 Local Events for Developers
AdWeek - 20 Sep 2019 16:55
Facebook realizes that not all developers can attend its annual F8 conference, so it is bringing a taste of F8 on the road in the form of its iD8 events. Director of platform partnerships Konstantinos Papamiltiadis said ...
Taiwanese businesses look to India as alternative to China
Reuters - 20 Sep 2019 16:49
Taiwan is pitching India as a potential business destination to its tech, auto, renewable energy and farm sector firms as the United States' trade war with China has pushed its companies to look for newer markets, two of...
Great Western hires former U.S. Bancorp exec to fill credit role
American Banker - 20 Sep 2019 16:46
The decision to bring in Michael Doyle follows a quarter where the South Dakota company reported a spike in net charge-offs.
Trump: U.S. is making a lot of progress with China
Reuters - 20 Sep 2019 16:40
President Donald Trump told reporters on Friday that the United States is making a lot of progress with China, as two of the world's biggest economies work toward resolving their protracted trade dispute.