Business News
Under Armour is making headlines again over its accounting practices. Here's how the company's billionaire founder, Kevin Plank, makes and spends his money.
Business Insider - 15 Nov 2019 19:52
Kevin Plank founded Under Armour, a leading athletic-wear brand, 23 years ago in his grandmother's basement. On October 22, Under Armour announced that Plank would be stepping down from his role as CEO and will be replac...
U.S. Retail Sales Rebounded in October
Wall Street Journal - 15 Nov 2019 15:35Walmart's Glass Is More Than Half Full Heading Into The Holidays
Forbes - 15 Nov 2019 18:23
Walmart's performance in the third quarter should serve as a powerful reminder to the retail community that the world's largest retailer remains a formidable competitor even as Amazon continues its assault on the rest of...
Warren Buffett invested $200 million in a fancy furniture retailer with a CEO who likes to quote him
Business Insider - 15 Nov 2019 15:40
Kevin Lamarque/Reuters Warren Buffett invested more than $200 million in a fancy furniture retailer with a boss who has a history of quoting the legendary investor. Buffett's Berkshire Hathaway conglomerate bought $206 m...
The Wall Street Journal: Trade deal close, Kudlow says, but Trump isn't sold on it yet
Market Watch - 15 Nov 2019 05:24
The U.S. and China are nearing a trade deal, but President Donald Trump isn't ready to sign off, White House economic adviser Lawrence Kudlow said Thursday.
Court tosses Carl Icahn's lawsuit seeking Occidental acquisition records
Reuters - 15 Nov 2019 04:49
Activist investor Carl Icahn will not have access to Occidental Petroleum Corp's Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday.
Amazon appeals $10B Pentagon contract won by Microsoft
New York Post - 15 Nov 2019 04:18
SAN FRANCISCO -- Amazon is protesting the Pentagon's decision to award a $10 billion cloud-computing contract to Microsoft, citing "unmistakable bias" in the process. Amazon's competitive bid for the "war cloud" project ...
Oil rises on hopes for OPEC supply curbs, new optimism on U.S.-China trade deal
Reuters - 15 Nov 2019 04:05
Oil prices posted early gains as OPEC's outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month.
Alibaba praises Hong Kong at start of retail campaign for $13 billion listing
Reuters - 15 Nov 2019 04:01
Alibaba Group Chairman Daniel Zhang said Hong Kong's "future is bright" as the ecommerce giant kicked off the retail campaign for its secondary listing in the city gripped by increasingly violent protests and recession.
BT Sport Ties Up Lucrative Champions League Rights For Another Four Years In The United Kingdom
Forbes - 15 Nov 2019 02:09
BT Sport has reportedly retained its UEFA Champions League football coverage across the United Kingdom for the next round of broadcast rights.
The Margin: NRA slammed for touting strong gun sales moments before the initial reports of the Saugus High School shooting
Market Watch - 15 Nov 2019 23:35
Just before 8 a.m. on Thursday, shots rang out at Saugus High in Southern California, in a school shooting that left two dead and several other students injured. The 16-year-old suspect, a student at the Santa Clarita sc...
For Wall Street Analysts, It's Location, Location, Location
Wall Street Journal - 15 Nov 2019 21:36
New research shows that analysts are unduly influenced by what is going on close to home.
Adidas is having a huge sitewide 30% off sale -- these are the 10 best sneaker deals
Business Insider - 15 Nov 2019 19:49
Adidas Adidas is currently having an exclusive sitewide sale until November 15 at 11:59 p.m. PST. Customers can save 30% online with some exclusions. Use the promo code "GIVEADI" at checkout to receive the discount. You ...
Former Apple chip makers form Nuvia to rival Intel and AMD server CPUs
Venture Beat - 15 Nov 2019 15:57
Backed by Dell, three former Apple employees are preparing to take on larger chipmakers with power-efficient server chips akin to Apple's A-series CPUs.
Amazon's Small Business Academy: Do We Need One More?
Forbes - 15 Nov 2019 15:52
Is there a shortage of small-business academies, institutions, schools, etc., etc., etc.? Don't we have enough? Amazon thinks there is a need for one more and is investing its resources to launch a new one. For the rest ...
Is S Corporation Election Right For My Business? It Depends On Your Business Structure
Forbes - 15 Nov 2019 04:40
The potential advantages of electing for S Corporation tax treatment are a bit different for LLCs and corporations. Learn the basics of both business structures and how an S Corp election affects each.
Path of Exile 2 announced at ExileCon
Venture Beat - 15 Nov 2019 23:35
Grinding Gear Games announced Path of Exile 2 today, a sequel to its hit action role-playing game. Don't expect to play it for awhile though.
Niko Partners: Battle royales boost India's mobile gaming growth
Venture Beat - 15 Nov 2019 23:23
PUBG Mobile has been downloaded over 100 million times in India, according to the analysts at Niko Partners.
The event marketing opportunities you're probably missing (VB Live)
Venture Beat - 15 Nov 2019 22:17
It's time to integrate events into your digital marketing mix. Learn how it can drive adoption, boost loyalty, unlock big opportunies, and more.
Princess Nokia Sheds Designer Clothes (Literally) In 'Balenciaga' Video
Forbes - 15 Nov 2019 22:15
Princess Nokia's "Balenciaga" video is decidedly NSFW, and gives a telling look into her upcoming album.
AI Weekly: How power and transformative tech reshape our world
Venture Beat - 15 Nov 2019 21:09
VentureBeat's editorial team is taking a close look at issues and transformative tech reshaping our world, starting with a special issue about AI and power.
Apple's NFC problem is bigger than Germany, the EU, or Apple Pay
Venture Beat - 15 Nov 2019 21:04
German legislators are pushing Apple to allow non-Apple Pay NFC transactions through its devices. But that's not Apple's only NFC problem right now.