Business News
Watchdog slams Gwyneth Paltrow's Goop for again making phony health claims
New York Post - 31 Jan 2020 04:23
Forget vaginas. This smells like false advertising. Gwyneth Paltrow's lifestyle company -- which recently released a $75 "This Smells Like My Vagina" candle -- is getting called out yet again for supposedly phony health ...
Friday Film Wrap: 'Jawaani Jaaneman' competes with Hollywood bunch
livemint.com - 31 Jan 2020 10:48
Jawaani Jaaneman deftly maintains its breezy tone throughout its 119-minute duration.It offers a role tailor-made for Saif Ali Khan, and he plays it with glee
Asia shares fight for footing after turbulent week
Reuters - 31 Jan 2020 05:15
Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.
The Lessons From Bill Clinton's Impeachment: Markets Are Better Learners Than Politicians
Forbes - 31 Jan 2020 18:32
Throughout all this process, however, the stock market has not shown any pattern of reaction at any step of the impeachment process. The Dow Jones is now 6.7% higher than when the impeachment inquiry started on September...
How Private Equity Buried Payless
The New York Times - 31 Jan 2020 12:00
Finance-driven capitalism was supposed to make the economy more dynamic. A failed shoe chain shows why it hasn't happened.
Oil jumps as WHO declares emergency but recommends no travel, trade restrictions
Reuters - 31 Jan 2020 04:56
Oil prices jumped on Friday following sharp losses this week, as the World Health Organization (WHO) came out against travel and trade restrictions in declaring a global emergency over the spread of the coronavirus that ...
Johnson & Johnson Is Told to Pay $344 Million in Pelvic Mesh Suit
The New York Times - 31 Jan 2020 03:23
The ruling centers on marketing practices for a kind of medical device that has prompted years of personal injury litigation and billions in payouts.
Watch China Pharma Stocks Go Through The Roof On Monday
Forbes - 31 Jan 2020 22:13
For the WeChat obsessed, hunt for stocks with the word Corona or Drugs or Virus in them. It might be a lucky seven.
Xandr's Brian Lesser on Partnerships, M&A and Overcoming the Cookie Crisis
AdWeek - 31 Jan 2020 22:11
Few executives have the instant name recognition of Brian Lesser: CEO of AT&T's ad-tech unit Xandr, former chief executive of GroupM in North America, and Adweek's Executive of the Year in 2018. Having worked in ad tech ...
One Of Country's Oldest Bartenders Dies
Forbes - 31 Jan 2020 19:28
Marcy Skowronski, who at 93 years old was one of the oldest bartenders in the country, has died.
George Cheeks Named CEO Of CBS Entertainment
Forbes - 31 Jan 2020 17:13
Cheeks, Vice Chairman, NBCUniversal Content Studios, will succeed Joe Ianniello as President and CEO of CBS Entertainment as of March 23, 2020.
Chevron posts $6.6 billion loss in the fourth quarter
CNBC - 31 Jan 2020 17:10
Chevron reported a loss of more than $6 billion for the fourth quarter, and also missed revenue expectations.
Japan wants 3 Americans arrested over ex-Nissan CEO's brazen escape
CBSNews - 31 Jan 2020 17:08
The former auto executive fled charges of misusing corporate funds and lying about his income, and we're learning more about who allegedly helped him escape.
10 of the most overpriced items at airports you should never buy
Business Insider - 31 Jan 2020 17:03
Sorbis/Shutterstock From souvenirs to a turkey sandwich, practically everything inside an airport seems overpriced. Many items inside the airport, including phone chargers, food, and gifts, can reportedly be significantl...
Amazon roars back into $1 trillion club, powered by one-day delivery boost
Reuters - 31 Jan 2020 17:03
There is no stopping Amazon.com's revenue growth, Wall Street analysts said on Friday.
Good start, companies -- now keep raising wages!
Business Insider - 31 Jan 2020 17:02
Erik Mcgregor/Getty Images As the cofounder and CEO of Insider Inc., I have been writing for almost a decade about the need for companies to serve more than their shareholders. Over the past few years, some of the US's l...
George Cheeks Replaces Joe Ianniello as CBS CEO in First Major ViacomCBS Shakeup
AdWeek - 31 Jan 2020 17:02
Less than two months after CBS and Viacom officially merged, the combined company is preparing for its first major top executive shakeup. George Cheeks will step in for Joe Ianniello as president and CEO of CBS Entertain...
Microsoft has committed $40 million in support of research and public health efforts
Business Insider - 31 Jan 2020 17:00
This story was delivered to Business Insider Intelligence Digital Health Pro subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, cli...
Amazon set to become fourth U.S. tech company worth $1 trillion
Market Watch - 31 Jan 2020 16:58
Amazon.com Inc. is on track to be tech's newest trillion-dollar company, joining the four-comma club less than three weeks after Alphabet Inc. achieved the same lofty status
Goldman Sachs plans to add digital wealth management tools and a checking account to Marcus
Business Insider - 31 Jan 2020 16:57
This story was delivered to Business Insider Intelligence Banking subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. Go...
Exclusive: Japan's Nidec bets on electric cars and acquisitions to treble sales: sources
Reuters - 31 Jan 2020 16:55
Japan's Nidec Corp plans to more than treble its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, two people familiar with the matter told Reuters...
Starbucks would've raised its guidance if not for the coronavirus
Market Watch - 31 Jan 2020 16:54
Starbucks' fiscal first-quarter earnings beat expectations, but the future is uncertain because of the coronavirus outbreak in China.