Business

Business • Views: 586
Grubhub is considering a sale, but finding it difficult to attract a buyer
Shares of Grubhub skyrocketed after reports emerged that it might be up for sale, despite the apparent lack of interest from possible buyers such as Google and Uber in the online food-ordering company
Business • Views: 755
Cliff Asness’ giant hedge fund AQR is slashing staff
Hot-tempered hedge fund manager Clifford Asness is ringing in the new year with a round of layoffs — again.Asness’ AQR Capital — among the world’s...
Business • Views: 1013
Cliff Asness's large hedge fund, AQR, is cutting its workforce
Fiery hedge fund manager Clifford Asness is starting the new year with another series of layoffs. Asness's AQR Capital, one of the world's..
Business • Views: 1009
Inside Carlos Ghosn's 'unthinkable' plan to flee Japan
Carlos Ghosn's daring escape from Japan required millions of dollars and months of meticulous planning by a group of international specialists, including one who called the scheme "impossible."
Business • Views: 478
Confused About Tax Deductions? Here's A Simple Guide To How They Work.
Don't miss out on money in April.
Business • Views: 931
Impossible Foods ends negotiations with McDonald's, Beyond Meat stock surges
Impossible Foods, a company known for its plant-based meat products, has apparently ceased its efforts to convince McDonald's to become its next major fast-food client
Business • Views: 1207
Impossible Foods ends discussions with McDonald's, Beyond Meat stock surges
According to reports, Impossible Foods, a company that produces plant-based meat, has ceased its efforts to attract McDonald's as its next major fast-food client
Business • Views: 825
Carlos Ghosn criticizes the Japanese authorities and Nissan for what he calls a 'smear campaign'
Former Nissan executive Carlos Ghosn criticized Japanese officials and the automaker on Wednesday, alleging they conducted a "smear campaign" against him
Business • Views: 782
Bridgewater Associates says flagship fund will be flat on the year
Ray Dalio’s Bridgewater Associates has notified investors that its flagship Pure Alpha fund will be flat on the year — ending an 18-year winning streak.
Business • Views: 453
Goldman Sachs reorganizing for greater transparency
Notoriously tight-lipped banking giant Goldman Sachs said Tuesday it’s reorganizing its four business lines to be more transparent after a series of flubs that have caught investors by surprise — including an ugly loss last fall on an Uber trade.
Business • Views: 1190
Pier 1 will close up to 450 stores, cut corporate jobs
Pier 1 Imports plans to close almost half its stores and slash corporate jobs as it grapples with growing losses and weighs bankruptcy.
Business • Views: 543
Japan issues arrest warrant for Carole Ghosn, wife of ex-Nissan CEO
An arrest warrant was issued Tuesday for Carlos Ghosn's wife as authorities in Japan work to bring the fugitive ex-Nissan CEO back to the country.
Business • Views: 985
Meet ‘Capitalist Man’ – the performance artist kicked out of Art Basel
Standing in front of me is a lanky guy in white pants, white shoes, white shirt and a blue blazer adorned with large white stars that belong on a flag.
Business • Views: 930
Another major US dairy, Borden, seeks bankruptcy protection
Borden Dairy Co. filed for bankruptcy protection, the second major U.S. dairy to do so in as many months.
Business • Views: 468
Ackman’s hedge fund back in a big way with 58 percent return
After four straight years of losses, Bill Ackman is back in the black.The corporate cage-rattler — whose multiyear woes have included a botched bet on pharma...
Business • Views: 973
Reader disagrees with view of Jerome Powell, Trump relationship
"Federal Reserve Chairman Jerome Powell has already caved in dramatic fashion by cutting rates in the back half of 2019," the reader writes.
Business • Views: 712
How I finally got the USPS’ attention after packages kept getting lost
I wrote to the postal inspectors, the inspector general and also the postmaster general. Often no answer whatsoever. Then I got my local congressional rep involved.
Business • Views: 1085
Federal Reserve last month saw a declining risk of recession
The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting last month, when it kept interest rates steady after three straight cuts and signaled that it expected to keep low rates unchanged through this year.
Business • Views: 918
American Airlines vows to share Boeing compensation with workers
American Airlines said Thursday it is negotiating with Boeing Co. over compensation for the airline’s grounded planes and expects to share some of the proceeds with employees.
Business • Views: 693
Tesla shares hit record high after deliveries beat expectations
Shares in Elon Musk's electric automaker jumped 4.6 percent to a record $450.48 on the news that it delivered 112,000 vehicles in the fourth quarter of 2019, outpacing Wall Street's estimate of about 106,000.
Business • Views: 1003
Oil spikes, stocks sink after US airstrike killed Iranian general Qassim Soleimani
Oil prices jumped and stock futures plummeted Friday as the US airstrike killing Iran's top general Qassim Soleimani shook traders.
Business • Views: 973
Illinois Pot Vendors Score $3.2 Million On First Day Of Legal Weed Sales
State officials called Jan. 1 "a historic new day" as people spent millions on newly legalized recreational cannabis.
Business • Views: 511
Need To Return A Gift? These Stores Have The Best And Worst Policies
You might be surprised which major retailer only allows a 14-day return window.
Business • Views: 853
Amazon Threatened Workers Who Spoke Out On Climate Change
Workers were told they violated company policy when they criticized the retail giant in The Washington Post.
Business • Views: 1042
Tesla will start delivering China-made Model 3 cars on January 7
Tesla will make the deliveries at a Jan. 7 event at its Shanghai factory, a Tesla representative said Thursday. They will come exactly a year after Tesla CEO Elon Musk broke ground on the $2 billion "Gigafactory," the company's first outside the US.