Latest Business News

A $1.6 billion startup that’s aiming to take business from Oracle just filed to go public – Business Insider


Business Insider

A $1.6 billion startup that’s aiming to take business from Oracle just filed to go public
Business Insider
A change to SEC regulations took effect earlier this summer, allowing any company to confidentially file to go public — a move intended to jump start the IPO market. Previously, this option had only been available to companies under a certain size

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Rift Widens Between Trump and Business Leaders – New York Times


New York Times

Rift Widens Between Trump and Business Leaders
New York Times
The rebuke from Mr. McMillon came as six other business leaders stepped down from presidential advisory councils — including two late on Monday, the C.E.O.s of Intel and Under Armour — citing their own values as the primary motivation for distancing …
The latest CEO departures from Trump business council show how difficult it is to separate business from politicsWashington Post
Keeping track: Who’s quitting Trump job councils and who’s stayingCNNMoney
Trump hits back at business leadersBBC News
Business Insider –NBCNews.com –ABC News
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Under Armour CEO Kevin Plank is leaving Trump’s manufacturing council after Charlottesville fallout – Business Insider


Business Insider

Under Armour CEO Kevin Plank is leaving Trump’s manufacturing council after Charlottesville fallout
Business Insider
The move comes after Merck CEO Kenneth Frazier, the only black business leader in the council, resigned from the group after Trump initially failed to explicitly denounce white nationalists following the events in Charlottesville, Virginia. A number of

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Google just hired a former Apple star engineer after his short stint at Tesla – Business Insider


Business Insider

Google just hired a former Apple star engineer after his short stint at Tesla
Business Insider
Latter loved the job and the work but he and Tesla CEO Elon Musk didn’t get along, a person with knowledge of the matter told Business Insider. After months of butting heads — and only around six months on the job — he left the company in a decision

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Google cancels domain registration for Daily Stormer – Markets Insider


Markets Insider

Google cancels domain registration for Daily Stormer
Markets Insider
Google has canceled the domain registration for The Daily Stormer, a company spokesperson confirmed Monday. “We are cancelling Daily Stormer’s registration with Google Domains for violating our terms of service,” the spokesperson told Business Insider.
GoDaddy boots white supremacist site The Daily StormerBusiness Insider

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Merck CEO Resigns From A Trump Business Council, Citing His Conscience – NPR


NPR

Merck CEO Resigns From A Trump Business Council, Citing His Conscience
NPR
Updated at 8:46 p.m. ET. Merck CEO Kenneth Frazier is leaving President Trump’s American Manufacturing Council, saying, “I feel a responsibility to take a stand against intolerance and extremism.” The resignation came after Trump was criticized for his …
7 business leaders who have distanced themselves from TrumpBusiness Insider
Merck’s CEO Took a Stand. What About Other Executives?New York Times
Merck CEO quits Trump’s manufacturing council over Charlottesville — and Trump immediately bashes himMarkets Insider
Reuters –Fox Business –Twitter –Whitehouse.gov
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Hammond and Fox try to present united cabinet front over Brexit by penning joint Telegraph article – Business Insider


Business Insider

Hammond and Fox try to present united cabinet front over Brexit by penning joint Telegraph article
Business Insider
That means businesses need to have confidence that there will not be a cliff-edge when we leave the EU in just over twenty months’ time,” the pair write. “That is why we believe a time-limited interim period will be important to further our national

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South Pittsburg hires retail coaching firm to help recruit new business [photos] – Chattanooga Times Free Press


Chattanooga Times Free Press

South Pittsburg hires retail coaching firm to help recruit new business [photos]
Chattanooga Times Free Press
Retail business in South Pittsburg has been on the decline for several years, and with the recent announcement that the town’s largest tax money generator, Royal Remanufacturing, is closing permanently, city leaders are searching for a solution.

3 dead following white nationalist rally in Charlottesville, Virginia — FBI announces investigation – Business Insider


Business Insider

3 dead following white nationalist rally in Charlottesville, Virginia — FBI announces investigation
Business Insider
Rescue workers assist people who were injured when a car drove through a group of counter protestors at the “Unite the Right” rally Charlottesville, Virginia, U.S., August 12, 2017. Thomson Reuters. Three people are dead and dozens were left injured

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Buccaneers waive Roberto Aguayo — the kicker they traded up to draft in the second round — after less than 2 seasons – Business Insider


Business Insider

Buccaneers waive Roberto Aguayo — the kicker they traded up to draft in the second round — after less than 2 seasons
Business Insider
The Tampa Bay Buccaneers waived kicker Roberto Aguayo less than two years after drafting him in the second round of the 2016 draft. Aguayo set an NCAA record with Florida State for accuracy, prompting the Buccaneers to trade up to draft him. However …

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How making music for a comedy is totally different than making it for a drama — and the surprising similarities – Business Insider


Business Insider

How making music for a comedy is totally different than making it for a drama — and the surprising similarities
Business Insider
The 90s are so hot right now, and the creators of “Wet Hot American Summer” took advantage of that with “Wet Hot American Summer: Ten Years Later,” which made its debut on Netflix last week. “10 Years Later” takes place in 1991, while the original 2001 …

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For Doomsday Preppers, the End of the World Is Good for Business – New York Times


New York Times

For Doomsday Preppers, the End of the World Is Good for Business
New York Times
The company got its start almost 30 years ago selling to members of the Church of Jesus Christ of Latter-day Saints — the church stresses preparedness — but has expanded its business to serve a wider audience across the country, according to Kevan …

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Hackers Are Threatening the Way That Hollywood Does Business – Bloomberg


Bloomberg

Hackers Are Threatening the Way That Hollywood Does Business
Bloomberg
While the 2014 hacking at Sony Pictures pushed entertainment giants to take computer security more seriously, recent incidents have exposed weaknesses throughout Hollywood’s food chain. Last week, as HBO investigated a cyberattack on its own systems, …
HBO reportedly offered $250000 in ‘bounty payment’ to the hacker who stole its episodes and emailsBusiness Insider
HBO’s Hack: ‘Hollywood Is Under Siege’Fox Business

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A Wall Street analyst’s ‘hot mic’ upstaged Snapchat’s CEO and stole the show – Markets Insider


Markets Insider

A Wall Street analyst’s ‘hot mic’ upstaged Snapchat’s CEO and stole the show
Markets Insider
It happened towards the end of Snap’s 60-minute call on Thursday, lending a comedic, and perhaps fitting, finish to the discussion about the business‘ underwhelming performance. Spiegel and Snap exec Imran Khan lambasted “growth hacking” by certain …
So far, Snap’s business looks even worse than Twitter’sThe Verge
Sales of Snapchat’s camera glasses are already slowingBusiness Insider

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Google’s latest Doodle puts you in the DJ booth while paying tribute to hip-hop’s history – Business Insider


Business Insider

Google’s latest Doodle puts you in the DJ booth while paying tribute to hip-hop’s history
Business Insider
Forty-four years ago today DJ Kool Herc threw a party in the Bronx and decided he wanted to change up the sound. He played only the instrumental sections or “breaks” from full songs and had his friend Coke La Rock hype the crowd through the mic.

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Amazon calls a $350000 truce on the cloud wars and joins a Google-born cloud project – Business Insider


Business Insider

Amazon calls a $350000 truce on the cloud wars and joins a Google-born cloud project
Business Insider
That’s what Amazon Web Services (AWS), did when it officially joined the Cloud Native Computing Foundation (CNCF) on Wednesday, just two weeks after Microsoft joined as well. With Amazon’s membership, CNCF now has the support of all five of the top …

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Google cancels town hall meeting on gender memo, citing safety concerns for employees – Business Insider


Business Insider

Google cancels town hall meeting on gender memo, citing safety concerns for employees
Business Insider
Pichai’s memo, which was sent to Business Insider about an hour and a half before the town hall was about to start, said some of the questions employees submitted leaked publicly and individuals were identified. Some employees expressed concerns ahead …

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$9 billion Stripe has a master plan to take over the world — or at least, open it up for business – Business Insider


Business Insider

$9 billion Stripe has a master plan to take over the world — or at least, open it up for business
Business Insider
Alvarado is now the company’s chief business officer. Meanwhile, Stripe has matured enough to be privately valued at $9 billion, making it far and away the most valuable business technology startup. (And that in turn has made Collison and his brother

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Disney wants to make a huge shift in its business model — but it’s not ready to do it yet – Recode


Recode

Disney wants to make a huge shift in its business model — but it’s not ready to do it yet
Recode
The internet comes for every sector of the media business, eventually. No one has a moat. So eventually, everyone in the media business has a choice: Change their business to adapt to the internet, or hang on to the old business, as long as they can
Netflix’s Disney problem points to a huge headache for customers everywhereBusiness Insider
Disney to offer two streaming services and end its movie distribution agreement with NetflixLos Angeles Times

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US card firm Vantiv seals £9.3 billion takeover of Worldpay — but UK jobs could be at risk – Business Insider

US card firm Vantiv seals £9.3 billion takeover of Worldpay — but UK jobs could be at risk
Business Insider
LONDON (Reuters) – US card firm Vantiv has made a formal offer to buy Britain’s biggest payments processor Worldpay for £8 billion ($10.39 billion), five weeks after the deal was first announced. Worldpay said on Wednesday that Vantiv has offered 55

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Fidelity, the $2.3 trillion investment giant, is testing out a new cryptocurrency service – Business Insider


Business Insider

Fidelity, the $2.3 trillion investment giant, is testing out a new cryptocurrency service
Business Insider
As part of the partnership, Coinbase users will be able to view their bitcoin, ethereum, and litecoin holdings alongside their other accounts in their Fidelity Portfolio. The company told Business Insider it’s not entirely sure how many of its users

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The firm behind one of the top China analysts in the world is warning of a ticking time bomb – Business Insider


Business Insider

The firm behind one of the top China analysts in the world is warning of a ticking time bomb
Business Insider
“Internal channel business takes place through banks transferring assets into Wealth Management Products (WMPs), which the banks then sell to depositors and investors. This enables banks to bypass detailed assessments of the quality of the assets.”.

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Uber employees fear layoffs as the company plans to shut down its 500-employee car leasing unit – Business Insider


Business Insider

Uber employees fear layoffs as the company plans to shut down its 500-employee car leasing unit
Business Insider
Uber’s car leasing business in the US has hit a bumpy road, and insiders worry that layoffs are coming. Robert Galbraith/Reuters. Uber employees are nervous about an expected round of layoffs, according to a source familiar with the company. This after …
Uber considering sale of US car-leasing business: sourceReuters
Uber Plans to Wind Down US Car-Leasing BusinessWall Street Journal (subscription)

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The Google memo is poorly argued and reaches the wrong conclusion – Business Insider


Business Insider

The Google memo is poorly argued and reaches the wrong conclusion
Business Insider
The claim at the top of the memo — “discrimination to reach equal representation is unfair, divisive, and bad for business” — is a straw man. Google’s workforce in tech jobs is currently just 20% female, and so diversity efforts are obviously not

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Businesses Are Finally Realizing That Trump Causes “Uncertainty” – Slate Magazine


Slate Magazine

Businesses Are Finally Realizing That Trump Causes “Uncertainty”
Slate Magazine
Of course, business and policy are always uncertain to a degree. And policy changes in 2009 and 2010 did create new mandates and requirements for businesses. But the stimulus, Dodd-Frank, and the Affordable Care Act were generally well–thought out, …
4 maps show how Russia could strike back against US sanctionsBusiness Insider

all 6 news articles »

A preppy apparel startup is defying J. Crew’s curse and dominating the millennial market – Business Insider


Business Insider

A preppy apparel startup is defying J. Crew’s curse and dominating the millennial market
Business Insider
After taking a gap year to learn the market, Preysman left New York for his hometown to start a business that would sell clothes directly to the consumer at a fraction of the cost of trendy retailers. It would offer styles you might find at J. Crew

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The US pulled off a big win getting China to agree to sanctions on North Korea — but the nuke program won’t stop – Business Insider


Business Insider

The US pulled off a big win getting China to agree to sanctions on North Korea — but the nuke program won’t stop
Business Insider
According to Yun Sun, a senior associate at the Stimson Center who is an expert on China and North Korea, the US essentially persuaded China to agree to the extensive sanctions on Pyongyang by threatening to sanction Chinese banks that do business …

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The model who says she was kidnapped and put up for sale on the dark web may have been saved by her Instagram … – AOL


AOL

The model who says she was kidnapped and put up for sale on the dark web may have been saved by her Instagram …
AOL
You are certainly aware of your value on human slavery market (sic) and must make a note that this isn’t personal, this is business. For your release we have taken a number of factors into consideration. A mistake was made by capturing you, especially …

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