Business

Clicking 'checkout' could cost more after Supreme Court case

Supreme Court Sales Tax

The Supreme Court is hearing a case this week that could affect how much customers pay for online...

Business

A 1st at the Panama Canal: 3 LNG tankers crossed in a day

(c) 2018, Bloomberg. Three liquefied natural gas tankers sailed through the Panama Canal on the same day this week, marking a first for the newly expanded waterway and highlighting the booming global gas trade. All three ships -- Gaslog Hong Kong, Gaslog Gibraltar and Clean Ocean -- entered the...


Business

Mattel's incoming chairman named to replace outgoing CEO

(c) 2018, Bloomberg. Mattel Chief Executive Officer Margo Georgiadis, who joined the toymaker from Google promising to overhaul the company, is stepping down and will be replaced by incoming Executive Chairman Ynon Kreiz. Georgiadis, who is leaving to pursue a new opportunity in the technology...


Business

Stocks post first loss of the week as tech companies drop

APTOPIX Financial Markets Wall Street GrafTech IPO-1

Losses among technology and consumer products companies weighed on U.S. stocks Thursday, snapping a three-day winning streak for the market. Banks bucked the trend, rising along with bond yields. Energy companies also eked out a slight gain, despite a late-afternoon downturn in oil prices. The...


Business

Cybersecurity expert's case delayed as new details emerge

Cyberattack Fighter Detained

MILWAUKEE (AP) — The case of British cybersecurity expert once heralded as a hero for stopping the WannaCry worldwide computer virus was delayed Thursday to allow his attorneys more time to prepare arguments on why a judge should suppress statements he made after his arrest for allegedly creating...


Business

Uber is said to favor VMware's Rowe for CFO ahead of 2019 IPO

(c) 2018, Bloomberg. Uber Technologies Inc. has chosen VMware Inc.‘s Zane Rowe as the top candidate for chief financial officer to lead preparations for what could be the biggest initial public offering of 2019, people familiar with the matter said. The ride-hailing company is in advanced talks...


Business

Trump tweets, markets go nuts - and these guys win

(c) 2018, The Washington Post. Reading Donald Trump’s tweet du jour can be really unsettling for those of us with serious money in the stock market. In fact, these days it’s sort of tempting to see if you can get a sedative for yourself included in the deal when you place a buy or sell order. But...


Business

Hulu's value is now $8.7 billion, but still dwarfed by Netflix

(c) 2018, Bloomberg. The streaming service Hulu, which has gained clout thanks to shows like “The Handmaid’s Tale,” is now worth about $8.7 billion. But that remains a small fraction of Netflix Inc.‘s value. Walt Disney Co. laid out the valuation of Hulu as part of a filing Wednesday about its...


National

The Latest: British cybersecurity expert's US case delayed

Cyberattack Fighter Detained

MILWAUKEE (AP) — The Latest on the criminal case of a British cybersecurity expert once heralded as a hero for stopping the WannaCry worldwide computer virus (all times local): 3:25 p.m. Attorneys for a British cybersecurity expert credited with stopping a computer virus have been given more time...


Business

2 black men arrested at Starbucks get an apology from police

Starbucks Black Men Arrested

PHILADELPHIA (AP) — Rashon Nelson initially brushed it off when the Starbucks manager told him he couldn’t use the restroom because he wasn’t a paying customer. He thought nothing of it when he and his childhood friend and business partner, Donte Robinson, were approached at their table and were...


Business

US stocks decline on tech woes, Treasuries slide

(c) 2018, Bloomberg. U.S. stocks fell for the first time in four days as technology shares came under pressure from trade and earnings concerns. Treasuries hit the lowest since February amid inflation worries. The S&P 500 index dropped as tech shares slumped after Taiwan Semiconductor’s...


Older ›
×