Business News
Raising Canes' CEO had a disastrous Reddit AMA in which he dodged questions on Trump, LGBT issues, and Cane's sauce
Business Insider - 2 Jan 2020 19:03
Hollis Johnson Raising Cane's CEO Todd Graves had a disastrous Reddit AMA on Wednesday, after he failed to live up to the "ask me anything" prompt. Reddit users turned on Graves after he declined to comment on what he ca...
Asia's richest man takes on retail giant Amazon
BBC - 2 Jan 2020 07:47
Mukesh Ambani's Reliance Industries has started rolling out its online retail service in India.
Box Office: 'Jumanji 3' Is Playing Like A 'Hobbit' Prequel Despite Competition From A 'Star Wars' Sequel
Forbes - 2 Jan 2020 22:15
Sony's 'Jumanji: The Next Level' passed $200 million domestic and $500 million worldwide.
Muni-Bond Shopping Spree Shows No Sign of Stopping
Wall Street Journal - 2 Jan 2020 16:10
Investors are heading into this year still eager for municipal bonds after a 2019 buying binge supercharged returns.
Boeing 737 MAX Problems Hit Supplier Triumph Group's Stock and Bonds
Wall Street Journal - 2 Jan 2020 20:30
Boeing's decision in December to halt production of its 737 MAX aircraft is starting to trickle down its supply chain.
Ad Tech's Consolidation Continues as Cadent Acquires 4INFO
AdWeek - 2 Jan 2020 18:23
The close of 2019 saw a flurry of ad tech merger and acquisition activity, as connected television has become a must-have capability. Just two days into the new year and the deals are still flying as Cadent, the advanced...
The Most Captivating Brand Campaigns We Saw on Social Media in 2019
AdWeek - 2 Jan 2020 14:00
For the past decade, brands have been capitalizing on the pervasiveness of social media in consumers' daily lives and shopping habits. And this past year was no different. Social media analytics company Unmetric found th...
Tennessee banker faces difficult test after credit quality slips
American Banker - 2 Jan 2020 04:00
Franklin Financial CEO J. Myers Jones is trying to reduce his company's exposure to shared national credits and health care loans, which have enjoyed solid yields but come with a downside.
The Market Surged Last Year. Don't Expect the Same in 2020.
The New York Times - 2 Jan 2020 00:45
Stocks and bonds do not have as much room to rise this year, and Wall Street has been busy trying to rein in expectations.
Dollar recovers from six-month low after year-end sell-off
Reuters - 2 Jan 2020 21:07
The dollar recovered from a six-month low to rise 0.46% on Thursday, the year's first trading day, after a downbeat December that left the index virtually flat at the end of 2019 .
LG, South Korea's cuddliest chaebol, wants a sharper edge
The Economist - 2 Jan 2020 17:50
BEFORE LG EXECUTIVES mull a new product, corporate types in South Korea like to joke, they first ask themselves: "Has Samsung already done this?" Only if the answer is "yes" does the country's fourth-biggest conglomerate...
Felix, Little Man and other beloved Los Angeles logos
L.A. Times - 2 Jan 2020 16:00
Some other favorite Los Angeles logos include designs for Felix Chevrolet and, of more recent vintage, the Snap Inc. ghost.
Everything Is a Chinese Real Estate Play: International Soccer Edition
Wall Street Journal - 2 Jan 2020 12:46
Chinese property giant Dalian Wanda is cutting back on its investment in a local soccer team that has attracted an unlikely rush of global talent.
Oil climbs on U.S.-China trade optimism, Middle East tensions
Reuters - 2 Jan 2020 04:31
Oil prices rose on the first trading day of 2020 as warming trade relations between the United States and China eased demand concerns, and rising tensions in the Middle East raised worries about supply.
Travelex Currency-Exchange Network Shut Down by Virus Attack
Wall Street Journal - 2 Jan 2020 22:08
The company, ubiquitous in international airports, resorted to calculators to keep money flowing after a virus crippled the company's operations, leading to a shutdown of its ATMs, website and app.
Watching the Dismissive Nature That Helps Spread Disinformation Firsthand
AdWeek - 2 Jan 2020 20:46
Last week I sat with my friends to count our blessings and rejoice in the season of winter festivals. It will not surprise you to learn that we had some unexpected guests: the president of the United States along with th...
Samsung's new Family Hub refrigerator uses computer vision to keep tabs on groceries
Venture Beat - 2 Jan 2020 18:50
Samsung's new Family Hub refrigerator taps AI to keep tabs on groceries, and to recommend recipes and shopping list items.
Trifo raises $15 million for room-recognizing robot vacuum cleaner Lucy
Venture Beat - 2 Jan 2020 16:00
Robotics startup Trifo announced Lucy, its latest autonomous home vacuum, alongside a $15 million series B funding round.
SuperData: Games hit $120.1 billion in 2019, with Fortnite topping $1.8 billion
Venture Beat - 2 Jan 2020 16:00
The combined game industry grew 3% to $120.1 billion in 2019, according to SuperData. Fortnite generated $1.8 billion in the year.
Is U.S. Bancorp's Stock Fairly Priced?
Forbes - 2 Jan 2020 15:30
U.S. Bancorp (NYSE: USB) stock has rallied nearly 35% since the beginning of 2019 thanks to the bank's better-than-expected performance in each of the last three quarters. However, global macroeconomic headwinds surround...
ONGC walks away with all 7 oil, gas blocks on offer in latest bid round
livemint.com - 2 Jan 2020 14:16
OALP-IV was the first round on revamped terms approved in February 2019.ONGC signed contracts for the seven blocks at an event where Oil Minister Dharmendra Pradhan and other ministry officials were also present
Kew Labs debuts $105 wireless phone charger you can hide under furniture
Venture Beat - 2 Jan 2020 23:59
A new under-counter wireless charger can be hidden under virtually any surface, within furniture, enabling fast charging of Samsung and Apple phones.