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Category : Business (Archive for 2018-01-06) News by Google
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TechCrunch
Travis Kalanick reportedly plans to sell about 29% of his Uber shares
TechCrunch
Uber founder and former CEO Travis Kalanick plans to sell nearly a third of his shares in the company, reports Bloomberg. The transaction would be part of the tender offer in which SoftBank Group agreed to buy shares in Uber valuing it at $48 billion ...

WPLG Local 10
Apple says all Macs and iOS devices affected by chip flaws
WPLG Local 10
SAN FRANCISCO (CNNMoney) - Apple has confirmed all its Mac systems and iOS devices are affected by two recently disclosed processor flaws called Spectre and Meltdown. In an announcement on Thursday, Apple said it has released mitigations to defend ...

Fortune
JC Penney CEO Warns Sears: We're Coming for Your Appliance Business
Fortune
J.C. Penney (jcp, -0.14%) CEO Marvin Ellison makes no bones about it: the retailer is going hard after fellow struggling department store chain Sears' (shld, -4.65%) appliance sales. Penney, which resumed selling large home appliances two years ago ...

CNBC
Department stores' deepest woes remain in spite of upbeat holiday sales
CNBC
Macy's and J.C. Penney both reported 2017 holiday sales results that outpaced analysts' expectations and topped performances from the year prior. Shares went tumbling on the news, with analysts and investors saying underlying obstacles remain. Sears ...

CNNMoney
Intel CEO's massive stock dump raises eyebrows
CNNMoney
Intel CEO Brian Krzanich sold about half his stock months after he learned about critical flaws in billions of his company's microchips. Krzanich now holds only the minimum number of shares he's required to own. Intel says there's nothing to see here ...

Fortune
Here's The Dow Jones Stocks You Should've Invested In After Trump's Election
Fortune
New year, new highs for the Dow Jones industrial average, which soared to 25,000 as GE rebounds Thursday. Bloomberg via Getty Images. By Lucinda Shen. 7:25 PM EST. A new year, a new high. Just four days into 2018, the Dow Jones industrial average ...

Fortune
Is This Smoke Stock Past Its Prime?
Seeking Alpha
Altria is a highly regarded portfolio staple among dividend growth investors. Its results over the past several decades stand out. Cigarettes remain the core business of Altria, and the smoking demographic in the United States will continue to erode ...

The Hill
FCC unveils final version of proposal to gut net neutrality
The Hill
The Federal Communications Commission (FCC) released on Thursday the final version of its controversial plan to roll back net neutrality measures. ADVERTISEMENT. The agency had voted to approve the measure in December and its 539 page final draft was ...

Bloomberg
Warren Buffett Says Years of US Growth 'Certainly Lie Ahead'
Bloomberg
Omaha, Neb. (AP) -- Billionaire Warren Buffett remains optimistic about the U.S. economy and the nation's prospects for the future. Buffett wrote an essay for Time magazine that appeared online Thursday, part of an issue edited by Bill Gates that was ...

CNBC
World's biggest passenger jet forced to land at small New York airport thanks to blizzard
CNBC
The passengers are disembarking at Stewart, and the airline said it is working to provide ground transportation for them. Leslie Josephs | @lesliejosephs. Published 8 Hours Ago Updated 4 Hours Ago CNBC.com. SHARES. Source: SWFairport. A massive winter ...

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