Wall Street Journal Three Big Advertising Questions Hanging Over a Snapchat IPOWall Street JournalAs social giants like Facebook FB 0.21 % and Twitter TWTR -20.10 % have learned, the glare of Wall Street certainly adds pressure to any fledgling digital advertising business. Those challenges might be heading the way of Snap Inc. CEO Evan Spiegel.Snapchat […]
Forbes Mars Buying Out Warren Buffett To Take Full Control Of WrigleyForbesM&M's and Skittles are coming together — in one confectionery, that is. Mars said Thursday it is buying out Warren Buffett's minority stake in Wrigley in order to turn the gum-maker from a subsidiary and into a fully-integrated part of its operations …Mars Cashes […]
Fortune Here's Why Twitter's Share Price Is PlummetingFortuneMuch of the takeover enthusiasm that pushed the shares up has evaporated. The word “roller-coaster” doesn't even begin to describe the ride that Twitter shareholders have been on so far this week—and it's not over yet by a long shot. First, the …Twitter Shares Fall, as Sale Process […]
NBCNews.com Theranos to Close Labs and Lay Off 340 WorkersNew York TimesElizabeth Holmes, the founder of the embattled blood-testing company Theranos. Credit Brendan McDermid/Reuters. Theranos, the embattled blood-testing company, announced on Wednesday that it would close its laboratory operations, shutter its wellness …An Open Letter From Elizabeth Holmes – Theranos NewsroomTheranos NewsroomHot Startup Theranos Has Struggled […]
USA TODAY Asian stocks lower on Fed rate hike expectationUSA TODAYSEOUL, South Korea — Asian stock markets were mostly lower on Wednesday as comments from Federal Reserve officials strengthened expectations of a rate hike by the Fed within this year. KEEPING SCORE: Japan's Nikkei 225 rose 0.5 percent to …Chicago Fed's Evans 'fine' with December hike […]
New York Times Prepaid Debit Cards Users Will Get New Federal ProtectionsNew York TimesBlake Van Haack checking his Green Dot prepaid card at a Wi-Fi station on Eighth Avenue in Manhattan. Credit Bryan Thomas for The New York Times. Prepaid debit cards are a financial lifeline for many people, but a risky one. They lack […]
NPR Corporate Profits Take Permanent Vacation In Caymans And BermudaNPRTax avoidance has been in the news from Apple to Donald Trump. A new study by Citizens for Tax Justice looks at how widespread the the practice is. The study looked at Fortune 500 companies and how they used tax haven subsidiaries to avoid paying …Are US […]
Wall Street Journal Twitter Is Expected to Field Bids This WeekWall Street JournalTwitter Inc. TWTR -2.00 % is expected to field bids this week, and Marc Benioff has been building a case to Salesforce.com Inc. investors and others that his company should be the buyer, according to people familiar with the matter. Mr. Benioff is […]
USA TODAY Yahoo's massive, hidden email search would be first of its kind, if trueUSA TODAYAPYAHOO. This Jan. 14, 2015 photo shows signage outside Yahoo's headquarters in Sunnyvale, Calif. (Photo: Marcio Jose Sanchez, AP). SAN FRANCISCO — There are some firsts that don't give you bragging rights — and in Yahoo's case, that's.A former insider […]
Wall Street Journal Oil Explorer Claims Major Alaskan FindWall Street JournalA little-known energy exploration company said on Tuesday that it has made a world-class oil discovery in remote Alaska, potentially breathing new life into the state's declining North Slope. Caelus Energy LLC, a closely-held firm backed by private …Caelus chief calls Smith Bay discovery a […]