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Category : Business (Archive for 2018-01-14) News by Google
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Bloomberg
Sheryl Sandberg, Jack Dorsey to Leave Disney's Board
Bloomberg
Facebook Inc.'s Sheryl Sandberg and Twitter Inc.'s Jack Dorsey are stepping down from Walt Disney Co.'s board as the increasing competition between media and technology companies creates new conflicts. Jack Dorsey. Photographer: David Paul Morris ...

Business Insider
Walmart is reportedly cutting thousands of store co-managers after raising wages
Business Insider
The restructuring comes the day after Walmart announced it will raise its starting hourly wages to $11. Walmart also announced Thursday that it would close 63 Sam's Club stores in a move that would impact roughly 9,400 employees. Walmart is cutting ...

New York Times
Mr. Amazon Steps Out
New York Times
SEATTLE — Jeff Bezos rubbed elbows last weekend with Halle Berry, Chris Hemsworth and other Hollywood celebrities at an after-party for the Golden Globes. In December, he walked the red carpet, along with Meryl Streep and Tom Hanks, at a screening of ...

BBC News
Tech Tent: The CES 2018 Techie Awards
BBC News
This week's Tech Tent is a special edition from Las Vegas with all the news from the greatest gadget show on earth, CES. We meet a rather disturbing humanoid robot called Sophia, we hear about the latest move to rival Tesla with an electric autonomous ...

Fortune
T. Boone Pickens Closes Energy Hedge Fund After Setbacks
Fortune
(HOUSTON) — Legendary investor T. Boone Pickens said on Friday he had closed his Dallas-based energy hedge fund after health and financial upsets, the latest oil-focused fund to report setbacks. Pickens, 89, said in a letter posted online that he ...

Bloomberg
GM Drops the Steering Wheel and Gives Robot Driver Control
Bloomberg
GM President Dan Ammann says a fully autonomous Chevy Bolt, with no steering wheel or pedals, will be ready in 2019. Next year, General Motors Co. will no longer need an engineer in the front seat babysitting the robot brain that controls its self ...

Chicago Tribune
Fiat Chrysler to invest $1 billion in Michigan plant, pay bonus after tax cut
Chicago Tribune
An employee removes side panels from a press at Fiat-Chrysler's Sterling Stamping Plant in Sterling Heights, Michigan, on Aug. 26, 2016. (Jeff Kowalsky / Bloomberg). Jamie Butters and Ryan BeeneBloomberg. Fiat Chrysler Automobiles is investing $1 ...

Business Insider
Over 500 people have gotten sick on Royal Caribbean cruises since December
Business Insider
A Royal Caribbean cruise that departed from Baltimore on January 2 had 47 reported cases of "gastro-intestinal illness." The cause of the illness is not known. The outbreak follows over 500 reported cases of illness on Royal Caribbean cruises in ...

Patch.com
LA Leaders Want To Sue Oil Companies For Climate Change
Patch.com
Four Los Angeles City Council members said Friday they want to join other cities in suing companies like ExxonMobil for global warming. By SoCal Patch, News Partner | Jan 12, 2018 7:17 pm ET | Updated Jan 12, 2018 7:36 pm ET. 0. LA Leaders Want To Sue ...

New York Times
JPMorgan Chase Is Less Bank, More Behemoth
Bloomberg
The nation's largest bank by assets on Friday morning reported better-than-expected fourth-quarter results. It also crossed a big annual revenue milestone -- re-entering the 12-figure club for the first time since 2010. It reported $104 billion for ...

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