Bloomberg Dollar Rallies as Fed's Brainard Adds to Rate Hike SpeculationBloombergA gauge of the dollar rose for a fifth day as Federal Reserve Governor Lael Brainard said an interest-rate increase is likely to be appropriate soon. The most important market news of the day. Get our markets daily newsletter. Sign Up. The U.S …Morning News […]
Yahoo Finance Musk says Tesla to run contest for homemade commercialsYahoo FinanceFounder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II. More. (Reuters) – Elon Musk, an …Tesla's China sales […]
New York Times Lyft Is Said to Seek New Funding as Its Rival Uber StumblesNew York TimesThe ride-hailing service Lyft is talking with investors about new fund-raising that would put the company's value around $6 billion, according to three people briefed on the financing. Credit Josh Edelson/Associated Press for Lyft. Lyft, the second …Here's Lyft's […]
New York Times Snap Prices IPO at $17 a Share, Valuing Company at $24 BillionNew York TimesA sign at the New York Stock Exchange in October directed passers-by to Snapchat, whose parent company, Snap, will begin trading on the exchange on Thursday. Credit Michael Nagle/Bloomberg. Millennials, those 14 to 35 years old, may be as …Snap […]
Los Angeles Times Uber's recent controversies come at a price: public loyaltyLos Angeles TimesUber founder Travis Kalanick has run his hyper-competitive business under the assumption the ride-hailing service that reigns supreme will be the one with the cheapest rates and best service. On that count, the 40-year-old chief executive has won handily.What Uber drivers think […]
Recode Yahoo's head lawyer is taking the fall for its hacking, while CEO Marissa Mayer is getting her pay dockedRecodeThe blame for the massive breach falls on Ron Bell and not where it belongs — at the top. by Kara Swisher@karaswisher Mar 1, 2017, 5:33pm EST. tweet · share · Linkedin. Yahoo's apparently blameless CEO, […]
CNNMoney Trump Taj Mahal purchased by Hard RockCNNMoneyThe new owner will be a group of investors led by Hard Rock International, the company behind Hard Rock Cafe. President Trump once operated the hotel, but financed the project with junk bonds and could not cover their payments. He parted ways with the …Icahn to sell Trump Taj […]
Los Angeles Times Dow climbs above 21000 points as stocks jumpLos Angeles TimesInvestors bet big on U.S. stocks Wednesday, giving the market its biggest single-day gain in nearly four months and pushing the major indexes to record highs. The Dow Jones industrial average rose above 21,000 points for the first time. Banks were the …Asian shares […]
CNBC Here's what McDonald's plans to do to win back 500 million lost customer visitsCNBCMcDonald's has a traffic problem and its executives know it. Now they have a plan they think will turn it around. The company lost more than 500 million customer visits to close competitors since 2012, Chris Kempczinski, McDonald's USA President told …McDonald's […]
Los Angeles Times Samsung heir Lee Jae-yong to be indicted on bribery chargesBBC NewsSamsung's heir apparent Lee Jae-yong is to be formally indicted on multiple charges including bribery and embezzlement, prosecutors said. The case is tied to the scandal which led to the impeachment of the country's president, Park Geun-hye.Confucius Blocks Change in KoreaBloombergSouth Korean […]