Business - /contrib/business/

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Amazon's NY exit spurs reactions on money saved and jobs lost...
Amazon.com Inc's decision on Thursday to scrap its proposal to locate a second headquarters in the Queens borough of New York City ignited a sea of dueling reactions on Twitter, with some calling it a victory for working people while others said it me
By Anonymous Submission on 2019-02-14 23:59 UTC
Why JP Morgan's 'Bitcoin Killer' isn't Even a Real Cryptocurrency...
JP Morgan Chase, the largest bank in the United States by a long shot, shocked the financial community on Thursday by launching its own blockchain product. For the purpose of this article, JPM Coin will not be referred to as a "cryptocurrency." JP
By peterb on 2019-02-14 21:50 UTC
Newsflash: Bitcoin Basher Jamie Dimon & JP Morgan Just Launched Their Own Cryptocurrency...
One of Wall Street's fiercest bitcoin critics may have been playing us all along. JP Morgan Creates 'JPM Coin' Cryptocurrency JP Morgan, the gargantuan investment bank led by Jamie Dimon, just became the first major US financial institution to
By peterb on 2019-02-14 21:50 UTC
Amazon Backs Out Of Planned New York Campus After Critics Panned The Deal...
Submitted to Category: /contrib/business/, /contrib/amazon
'We've decided not to move forward'
By Anonymous Submission on 2019-02-14 17:44 UTC
Sears survived, but remaining stores may be smaller and fewer, new owner says in interview...
Submitted to Category: /contrib/business/, /contrib/sears
Eddie Lampert, who succeeded in buying Sears says that the new company will continue to shrink in the number of stores it operates and their size.
By Anonymous Submission on 2019-02-14 02:59 UTC
T-Mobile's Sprint deal is economic treason, union rep tells Congress...
Trusting T-Mobile and Sprint with American jobs requires a leap of faith akin to trusting a vampire in a blood bank, a union representative told Congress during the first hearing controlled by Democrats on a $26.5 billion merger between the two companies.
By Anonymous Submission on 2019-02-13 17:44 UTC
AAA confirms what Tesla, BMW, Nissan electric car owners suspected — cold weather saps EV range...
Under ideal conditions, these products can deliver more than 200 miles per charge and, in some cases, even 300. But as many owners discovered last week as winter storms slammed much of the country, cold weather does not qualify as "ideal." A new AAA study finds that when the thermometer dropped to
By Anonymous Submission on 2019-02-12 04:02 UTC
US oil heads to China, but it's too early to declare victory in the trade war...
The first U.S. oil shipments to China in months will reach their destinations just days from now, punctuating a pledge by President Donald Trump that China would buy more American products.
By Anonymous Submission on 2019-02-06 16:45 UTC
Monopolies are the 'missing piece of the puzzle' when it comes to analyzing US inequality, investment researchers argue...
The inequality gap between the top 1% and the rest of the United States remains at unstable levels, for a wide variety of reasons.
By Anonymous Submission on 2019-02-05 21:53 UTC
Reddit Valued At $3 Billion In New Massive Capital Raise...
Submitted to Category: /contrib/business/, /contrib/tech/
In a time when much of contemporary digital media is forced to downsize amid private "down rounds" and delayed IPOs, due to continued industry headwinds whether as a result of shrinking ad revenues or declining readership, Reddit continues to impr
By Anonymous Submission on 2019-02-05 21:17 UTC
Crypto Exchange Kraken Secures Blockbuster $4 Billion Valuation After $100m Mega Deal...
Following the completion of the largest deal in the cryptocurrency sector year-to-date, major U.S. and Europe-based crypto exchange Kraken is set to raise a funding round valuing the company at $4 billion. On February 4, as CCN reported, Kraken acquired C
By Anonymous Submission on 2019-02-05 21:16 UTC
GM's white-collar job cuts: Who's out, what layoff process looks like...
GM layoffs continue with workers walked out and a peek at the separation packages.
By Anonymous Submission on 2019-02-05 21:15 UTC
Adidas pulls all white sneaker created for Black History Month in wake of Twitter backlash...
Submitted to Category: /contrib/business/, /contrib/adidas
Adidas pulls sneaker it was selling in honor of Black History Month, after the all white running shoe was slammed on Twitter for being tone deaf.
By Anonymous Submission on 2019-02-05 21:13 UTC
Guinness Sorry for 'Racist' Ad Linking Ancestry to National Pride...
Guinness has dropped a number of rugby sponsorship adverts in Ireland after complaints that they could cause "offence or confusion" to immigrants. The world-famous dry stout company, which is a sponsor and the official beer of the Six Nations rugb
By Anonymous Submission on 2019-02-04 18:14 UTC
AT&T Continues Laying Off Americans After Profiting Billions from Tax Cut...
Submitted to Category: /contrib/business/, /contrib/att
Multinational conglomerate AT&T is continuing to layoff American workers across the United States after raking in billions in additional profits from the 2017 Tax Cuts and Jobs Act.
By Anonymous Submission on 2019-02-04 02:07 UTC
Will Chinese New Year Celebrations Affect the Cryptocurrency Market?...
The Chinese New Year will soon officially start, and will naturally be most marked in China. However, the increasing globalization means that the effects of the Chinese New Year are felt all over the globe. Is the Chinese New Year likely to affect the cry
By Anonymous Submission on 2019-02-03 19:00 UTC
GM plant closings will hit parts suppliers far and wide...
GM's labor agreements guarantee its workers transfer rights and relocation money, but that's not true for the wide majority of suppliers, even where the workers are represented by unions.
By Anonymous Submission on 2019-02-02 17:29 UTC
U.S. job gains largest in 11 months; unemployment rate rises...
Submitted to Category: /contrib/business/, /contrib/economy
U.S. job growth surged in January, with employers hiring the most workers in 11 months, pointing to underlying strength in the economy despite an uncertain outlook that has left the Federal Reserve wary about more interest rate hikes this year.
By Anonymous Submission on 2019-02-01 19:59 UTC
GM expected to start cutting 4,000 white-collar workers Monday...
Submitted to Category: /contrib/business/, /contrib/economy
General Motors is expected to start its white-collar job cuts on Monday, but the carmaker might slash fewer jobs than it initially expected.
By Anonymous Submission on 2019-02-01 19:57 UTC
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