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Business News

Location American Business News for 18 December 2019
The World's Most Valuable Sports Empires: Worth $8.4 Billion, Kroenke Sports Lands At No. 1 Sports owners with great brands have increasingly used the popularity of their teams to expand, with real estate, stadium operations, technology and data, merchandising and investments in other teams and leagues being bu...
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Broadcom Looks to Sell Unit That Could Fetch $10 Billion

Wall Street Journal - 18 Dec 2019 20:32
Broadcom Looks to Sell Unit That Could Fetch $10 Billion Broadcom is looking to sell one of its wireless-chip units, a move that would accelerate the company's shift away from its roots as a semiconductor maker.
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Why TD Bank wants to read its customers' moods

American Banker - 18 Dec 2019 18:00
It's no longer enough to conduct traditional demographic analysis of customers. TD bank wants to know what is going on with individual consumers at any given moment and respond accordingly.
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A dozen of the nation's largest underwriters were accused of colluding with traders to artificially set prices on the secondary market for Fannie Mae and Freddie Mac securities.
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This Latina Entrepreneur Shares 4 Things She Kept In Mind As She Built Her New Venture And Raised $4 Million Closing in on a year and a half, Kinside has graduated out of Y Combinator and has recently publicly launched with a total of $4 million in VC funding raised over 18 months.
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The famous speech in Washington D.C. will become fully interactive next year, including a digital recreation of Dr. King himself.
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Essential Third-Quarter Stats for Ad Tech and Platforms Editor's note: Adweek worked with Matthew Scott Goldstein, a consultant with a deep knowledge of the media industry, to craft his quarterly newsletter into an Adweek article. Through his findings on various industry earn...
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Pink Whitney Scores For Spittin' Chiclets, Barstool Sports And New Amsterdam Vodka Ryan Whitney and Paul Bissonnette were NHL journeymen, but they're stars in podcasting and now in the world of spirits thanks to the success of their Pink Whitney flavored vodka.
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Groups representing municipal employees and teachers are often paid to endorse investment products for members' savings, which can carry high expenses that cut into the size of a retirement nest egg.
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Jim Simons's Renaissance Technologies has produced the greatest investment returns of any hedge fund. Now, it also may be facing an unusually painful tax headache.
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Options Traders Eye Insurance Even as Stocks Soar

Wall Street Journal - 18 Dec 2019 15:00
Options traders are paying up for bets that would profit if the S&P 500's record run came to a halt.
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California Law Spurs Companies to Add Female Directors

Wall Street Journal - 18 Dec 2019 12:30
California Law Spurs Companies to Add Female Directors The number of California-based public companies with all-male boards has fallen sharply since the state passed a law last year requiring them to add female directors by the end of 2019, according to Equilar, a corporate ...
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Charlie Ergen defends Dish in bid to replace Sprint as 4th largest US wireless carrier Media mogul Charlie Ergen is fighting back against allegations that his Dish can't be trusted to replace Sprint as the nation's fourth-largest wireless carrier.
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With Merger And Possible IPO, Peet's Coffee Could Finally Become A Real Challenger Against Starbucks? Starbucks, the world's largest coffee-house giant, may be about to get a big jolt on the competitive front.
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CFP Board to Tighten Oversight of Financial Advisers

Wall Street Journal - 18 Dec 2019 01:41
The Certified Financial Planner Board of Standards announced measures to tighten oversight of more than 85,000 stockbrokers, insurance agents and other financial advisers after a Wall Street Journal article found irregul...
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Smaller buyers expected to drive bank M&A in 2020

American Banker - 18 Dec 2019 22:28
A dearth of bigger acquirers will likely force more banks with less than $2 billion in assets to seek out their own deals.
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Huckleberry, a startup that taps AI and machine learning to match small businesses with insurance plans, has raised $18 million in capital.
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The two boards voted to sign a memorandum of understanding, fixing the financial terms of the deal and the corporate governance structure of the combined company, the people said.
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King's Bounty 2 was one of GamesCom's low-key announcements. Publisher 1C Company talks about what's old and what's news with this tactical-RPG series.
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NeurIPS 2019, one of the largest AI and machine learning conferences globally, featured novel work in robotics and machine automation.
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IBM on Wednesday said it has come up with a new battery technology that uses materials extracted from seawater and requires no cobalt.
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How To Manage A Brand Crisis In 2020

Forbes - 18 Dec 2019 22:23
How To Manage A Brand Crisis In 2020 Many brands don't plan effectively for a crisis until they're smack in the middle of one. Your crisis management efforts will be much more likely to go smoothly and prevent long-term damage if you already have a plan in ...
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