When WeWork’s directors voted on Tuesday to oust Adam Neumann as chief executive after a failed attempt to take the office-sharing startup public, Neumann cast his vote against himself, according to three people familiar with the situation.
Wall Street’s main indexes fell on Thursday after a report that the United States is unlikely to extend a waiver allowing American firms to supply China’s Huawei, added to worries over an inquiry into the impeachment of President Donald Trump.
The parent of Dunkin’ Donuts was sued on Thursday by New York Attorney General Letitia James, who accused the chain of failing to protect hundreds of thousands of customers whose accounts were targeted in a series of “brute force” cyberattacks.
Most investors think about farmland as the place where their food grows – or grazes – rather than as an asset class. That is in part because there have not been many ways to invest in farmland. Although, it’s a huge missed opportunity…
Farmland has outperformed almost every major asset class over the last 30 years. Investors have averaged 11.5% annual returns. And due to steady cash flows and the low usage of debt, farmland has been a stable asset. You’ll see this below along with other benefits of investing in farmland. You’ll also find both traditional and new ways to …read more […]
Gap Inc said on Thursday it plans to hire more than 30,000 seasonal workers for the upcoming holiday season, lower than the 65,000 target the apparel retailer had set for 2018.
U.S. inflation expectations are currently in line with the central bank’s 2% goal, Federal Reserve Vice Chair Richard Clarida said on Thursday, a remark that suggests he does not see a pressing need for new rate cuts to push inflation back up.
Shares of Peloton Interactive Inc , the fitness startup known for on-demand workout programs on its exercise bikes, slid as much as 7% in their market debut on Thursday, indicating that investors are becoming increasingly skeptical of money-losing startups.
Commerzbank no longer expects a rise in underlying revenue this year, the German lender warned on Thursday, as its supervisory board approved plans announced last week to cut thousands of staff and close a fifth of its branches.
Wall Street’s main indexes extended declines on Thursday after a report that the United States was unlikely to extend a temporary waiver over Huawei’s blacklisting, adding to worries related to an inquiry into the impeachment of President Donald Trump.
U.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy that is being stalked by financial market fears of a recession.
The fallout from the vaping health crisis continues to grow.
Massachusetts has banned all e-cigarette and cannabis vape pens for the next four months.
Altria (NYSE: MO) and Philip Morris (NYSE: PM) have abandoned their merger talks.
The CEO of nicotine vaping giant Juul has stepped down.
And already, two states have banned the sale of flavored e-cigarettes.
At the moment, there are more than 500 cases of the vaping-related lung illness across 38 states. And at least 10 people have died.
So for today’s episode, I reached out to our go-to medical cannabis professional, Dr. Jordan Tishler, president of the Association of Cannabis Specialists and …read more […]
Wall Street’s main indexes extended declines on Thursday after a report that the United States was unlikely to extend a temporary waiver over Huawei’s blacklisting, adding to worries related to an inquiry into the impeachment of President Donald Trump.
General Motors Co said on Thursday it will pay for the health insurance of its striking hourly workers, reversing a decision to push the costs onto the United Auto Workers union.
Facebook Inc and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its stock price, though the investors will be have a chance to refile their case.
A series of cyber attacks on Airbus in the past few months was conducted via the computer systems of its suppliers and security sources suspect a link to China, AFP news agency reported on Thursday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
