Business News
Lululemon latest retailer to get socked by Omicron surge
New York Post - 10 Jan 2022 19:03
Lululemon Athletica's shares tanked after the retailer warned its holiday business took a hit because of the Omicron variant.
How Leaders Can Balance the Needs to Perform and to Transform
Harvard Business Review - 10 Jan 2022 17:25
It’s about learning how to manage time, the stress of leadership, and rank-and-file morale.
Amazon Prime Video's anthology 'Unpaused: Naya Safar' to stream on 21 January
livemint.com - 10 Jan 2022 09:10
The films have been directed by Shikha Makan, Ruchir Arun, Nupur Asthana, Ayappa KM and Nagraj Manjule and feature Saqib Saleem, Shreya Dhanwanthary, Neena Kulkarni and Priyanshu Painyuli among others
Take-Two will buy Zynga, in a union of two top game makers.
The New York Times - 10 Jan 2022 18:06
Adding Zynga's stable of app developers is meant to help Take-Two roll out more smartphone versions of its popular video game titles.
Dogecoin creator slams Mozilla for pausing crypto donations
Coin Telegraph - 10 Jan 2022 17:57
The creator of Dogecoin criticized Mozilla for supposedly making its decision based on feedback from the "ignorant, reactionary internet mob."
Checkers & Rally's is rolling out voice-ordering bots to take drive-thru orders at 267 restaurants amid a crippling labor shortage in the industry
Business Insider - 10 Jan 2022 17:00
The automated voice bots will allow restaurants to redeploy existing workers to "more people-dependent" tasks, the chain said.
Hungry for Chips, Huawei Invests in Chinese Companies That Make Them
Wall Street Journal - 10 Jan 2022 17:00
Blocked by the U.S. from buying many of the chips it needs, Huawei Technologies is stepping up investments in companies that are racing to build China's semiconductor supply chain.
NASDAQ Stock Has Limited Upside
Forbes - 10 Jan 2022 16:00
NASDAQ stock has gained 47% since the end of 2020, and at its current price of $195 per share, it is almost 9% below its fair value of $215 - Trefis' estimate for NASDAQ's valuation. While the exchange outperformed the s...
Jamie Dimon's son-in-law caught in $21M dispute between Apollo, oil exec
New York Post - 10 Jan 2022 06:05
Jamie Dimon's son-in-law has been caught up in an ugly dispute with a Texas-based energy executive, who has accused him, along with private-equity giant Apollo Global Management, of orchestrating a scheme.
Senator Elizabeth Warren Presses Fed for More Information on Officials' Trades
The New York Times - 10 Jan 2022 18:00
Senator Elizabeth Warren, the Massachusetts Democrat, pressed the central bank to provide more information by Jan. 17.
What's Happening With Bristol Myers Squibb Stock?
Forbes - 10 Jan 2022 17:00
Last month we discussed that there are good chances of a rise in Bristol Myers Squibb stock based on its historical performance. BMY stock is up 8% over the last month, primarily driven by increased investor interest aft...
Truck Ads on TikTok? Inside Ford Maverick's Hot AR TikTok Campaign
AdWeek - 10 Jan 2022 11:00
This past summer, the Ford Maverick went places where few trucks have gone before: a tray of crudites, an apartment roof, a laundry room counter. It even found itself as the object of desire for an eager Yorkie. The secr...
Former Trump campaign manager Paul Manafort set to release a book in August
Business Insider - 10 Jan 2022 17:58Property Investors Swap Office Blocks for Data Centers
Wall Street Journal - 10 Jan 2022 16:46
Real-estate investors are pulling cash out of offices and putting it into data centers as a hedge against the impact of remote working. But data centers have their own problems with oversupply and demanding tenants.
10 things before the opening bell
Business Insider - 10 Jan 2022 15:52
Political unrest abroad is shaking global markets, a man goes to jail after buying Tesla stock with pandemic relief funds, and Ray Dalio's predictions.
Take-Two Interactive to Buy FarmVille Maker Zynga in $11 Billion Deal
Wall Street Journal - 10 Jan 2022 18:56
The cash-and-stock deal is one of the videogame industry's bigger acquisitions to date and allows the "Grand Theft Auto" maker expand its mobile portfolio.
Djokovic 'Pleased And Grateful' With Visa Verdict--Hopes To Defend Australian Open Title
Forbes - 10 Jan 2022 18:43Europe Markets: European stocks led lower by techs, on rate concerns and Atos warning
Market Watch - 10 Jan 2022 17:58
European stocks dropped on Monday, with tech companies leading a downward slide on worries about rising interest rates.
Take-Two to Buy Zynga, Uniting Two Top Game Makers
The New York Times - 10 Jan 2022 17:36
Adding Zynga's stable of app developers is meant to help Take-Two roll out more smartphone versions of its popular video game titles.
SEC Pushes for More Transparency From Big Private Companies
Wall Street Journal - 10 Jan 2022 17:03
"Unicorn" firms have a huge impact and "absolutely no visibility" for regulators, says SEC Commissioner Allison Lee.
Microsoft Hit by Defections as Tech Giants Seek Talent to Build Metaverse
Wall Street Journal - 10 Jan 2022 17:00
Around 100 people on the team developing Microsoft's HoloLens augmented-reality headsets have left, mostly to Facebook parent Meta.
Citigroup will fire employees who haven't been vaccinated against COVID-19, according to reports
Business Insider - 10 Jan 2022 16:35
Citigroup has warned US office staff they'll be fired at the end of the month if they don't get vaccinated by Friday, according to multiple reports.