Business News
Clear Partners With Former Major Champ To Play Its High-End Golf Balls
Forbes - 10 Jan 2020 01:12
Former Masters champion Charl Schwartzel has signed on to play Clear's golf balls after missing most of the 2019 golf season due to a wrist injury. It's the company's first deal with a player on the PGA or European tours...
Americans say 3 roadblocks stand in the way of saving enough for retirement
Business Insider - 10 Jan 2020 16:45
Toshi Sasaki/Getty Images In a survey from Kiplinger and Personal Capital, Americans said that high health insurance costs, disappointing investment performance, and debt are keeping them from saving for retirement. Risi...
Future of Nissan in doubt, says Carlos Ghosn
BBC - 10 Jan 2020 14:57
The struggling car giant's results record and share price moves do not bode well, says Carlos Ghosn.
Cannabis Watch: Aurora Cannabis now has a $1 price target from one analyst
Market Watch - 10 Jan 2020 03:39
In a note to clients late Thursday, Piper Sandler analyst Michael Lavery downgraded the cannabis producer to the equivalent of a sell and issued a $1 target price, down from $3.
Grubhub: No plans for a company sale
New York Post - 10 Jan 2020 03:19
Grubhub shares plummeted more than 8 percent in late trading Thursday after the food-ordering company said it's not on the auction block despite reports to the contrary. “While our policy is not to comment on rumors, g...
Carlos Ghosn: "I was not in a musical box"
Forbes - 10 Jan 2020 19:49
The most popular theory on how the former CEO of Nissan Carlos Ghosn snuck out of Japan was that he hid in a case for musical audio equipment.
A New Tequila Brought To You By Local Farmers
Forbes - 10 Jan 2020 18:44
How one brand of tequila is rewarding the hard-working farmers responsible for its production.
The Promise of Sustainable Aviation Fuel Isn't for Today
Wall Street Journal - 10 Jan 2020 13:19The Wall Street Journal: Scooter startup Lime slashes workforce, abandons 12 markets
Market Watch - 10 Jan 2020 05:02
Electric scooter-rental startup Lime is laying off roughly 14% of its workforce as it pulls out of a dozen markets in the U.S. and abroad, the latest downscaling in an unprofitable industry.
Waymo secures bigger award against workers who went to rival Uber
Reuters - 10 Jan 2020 03:32
Alphabet Inc's Waymo said on Thursday that arbitrators had finalized a judgment of $128 million, plus undisclosed legal costs and interest, against two former employees who went to rival Uber Technologies Inc.
Greenwich hedge fund WorldQuant axes 130 staffers as quants struggle
New York Post - 10 Jan 2020 01:35
It's another bad day for hedge-fund quants. Greenwich, Conn.-based WorldQuant has reportedly laid off about 130 employees and shuttered five overseas offices at the 750-person, $7.5 billion firm, which had been operating...
Money-Losing Companies Mushroom Even as Stocks Hit New Highs
Wall Street Journal - 10 Jan 2020 00:16
A combination of forces has pushed the percentage of listed companies in the U.S. losing money over 12 month is close to 40%, its highest level since the late 1990s outside of postrecession periods.
NYU professor Scott Galloway on Oyo: 'When poor judgment looks for quick fixes, corruption can rear its head'
Business Insider - 10 Jan 2020 23:55
Shona Ghosh/Business Insider Scott Galloway, the bestselling author and well-known tech-industry pundit, is a professor of marketing atNew York University's Stern School of Business. The following is his recent blog post...
PayPal fixes bug that could have allowed hackers to steal passwords
New York Post - 10 Jan 2020 20:07
A software wiz discovered a “high-severity” bug that put users’ data at risk, but the company fixed it before anyone's personal information could be “exposed.” The vulnerability, which could have allowed hacker...
Did Kohl's and Amazon's Footfall Deal Fail?
Forbes - 10 Jan 2020 01:07
Amazon's relationship with Kohl's might be turning out to be a win-lose proposition; a win for Amazon, and a lose for Kohl's. Because they appear to still need one another, might there be a more mutually beneficial relat...
Chinese court rules AI-written article is protected by copyright
Venture Beat - 10 Jan 2020 23:54
A court in Shenzhen, China, has ruled that an article produced by AI is protected by copyright, representing a notable milestone for AI as a creative force.
Appian Makes A Play For RPA (Robotic Process Automation)
Forbes - 10 Jan 2020 22:19
The deal looks like a great fit-and is a recognition of how the industry is quickly evolving.
AI Weekly: Autonomous cars need better safety metrics to move the industry forward
Venture Beat - 10 Jan 2020 21:06
Some experts assert that measuring driverless systems' progress by miles is a flawed approach -- but some sort of regulation is needed.
Newly Independent Fitzgerald & Co Appoints a New CCO
AdWeek - 10 Jan 2020 19:09
Leadership changes are afoot at Fitzgerald & Co, better known as Fitzco, the Atlanta-based agency whose founder and chairman David Fitzgerald bought it back from IPG earlier this week. Ryan Boblett has taken on the role ...
Is Electric Flight Aviation's Next Era Of Innovation?
Forbes - 10 Jan 2020 13:00
When history looks back, it might view 2019 as the year we got serious about electrified air travel. A number of startups and major companies are already creating promising products and prototypes.
ProBeat: A smart speaker does not a smart home make
Venture Beat - 10 Jan 2020 20:30
How should we define a smart home? Not by the devices that we own in our home but rather by what they are doing for our home.
This is why Six Flags' stock is having its worst day ever
Market Watch - 10 Jan 2020 20:23
Shares of Six Flags Entertainment Corp. plummeted Friday toward their biggest-ever one-day decline after the theme park operator warned of a fourth-quarter revenue shortfall and said its partner in China has defaulted on...