Yedlin: Corporate giants on a mission to end short-term thinking

Yedlin: Corporate giants on a mission to end short-term thinking

When corporate leaders the likes of Warren Buffett and Jamie Dimon speak out, it’s hard not to pay attention. This week was no exception. Between editorials penned in the Wall Street Journal and interviews on CNBC’s Squawk Box on Thursday morning, Buffett and Dimon are clearly on a mission to encourage companies and investors to […]

Jack Ma's Ant Financial Valued at About$150 Billion After Funding Round

Jack Ma's Ant Financial Valued at About$150 Billion After Funding Round

June 7, 2018 11:27 p.m. ET HONG KONG—Jack Ma’s financial-technology giant has solidified its position as one of the world’s most valuable private companies. China’s Ant Small and Micro Financial Services Group Co. on Friday said it raised around $14 billion from domestic and global investors in one of the largest private-capital raises on record. […]

Coinbase, Circle Vie to Create Brokerages for Crypto Securities

Coinbase, Circle Vie to Create Brokerages for Crypto Securities

Two titans of U.S. cryptocurrency trading are in a race to build the nation’s first regulated venues for tokens deemed to be securities, potentially appeasing watchdogs threatening to rein in the multibillion-dollar market. Coinbase Inc., one of the largest cryptocurrency exchanges, said Wednesday that it’s buying a trio of firms including a broker-dealer registered with […]

What Elon Musk's Reaction Can Teach Entrepreneurs

What Elon Musk's Reaction Can Teach Entrepreneurs

What Elon Musk’s Reaction Can Teach Entrepreneurs  Forbes Tesla leads electric vehicle race to cut cobalt dependency  Nasdaq Tesla gets a boost after Elon Musk says it should meet its Model 3 production goal this month  Business Insider Tesla’s annual shareholder meeting will decide Elon Musk’s future  The Verge Full coverage Source link

IHOP Is Getting a New Name. And It Doesn't Include Pancakes

IHOP Is Getting a New Name. And It Doesn't Include Pancakes

International House of Pancakes, perhaps better known by the initials IHOP, is ditching the pancakes—in its name, at least. The iconic pancake house announced on Twitter Tuesday that it would be getting a new name. IHOP’s ‘P’, which fittingly stands for pancakes, is being replaced by a ‘B.’ “For 60 pancakin’ years, we’ve been IHOP. […]

Twitter Shares Spike as Investors Prep for S&P 500 Debut

Twitter Shares Spike as Investors Prep for S&P 500 Debut

Twitter Inc. (TWTR) shares spiked in pre-market trading Tuesday after index provider S&P Dow Jones said the social media group would be added to the benchmark S&P 500 later this week. Twitter will replace Monsanto Co. (MON) in the benchmark after the group’s $63.5 billion merger with German chemicals group Bayer AG closes on Thursday […]

Mixed results for Bristol/Nektar combination in cancer trial

Mixed results for Bristol/Nektar combination in cancer trial

Logo of global biopharmaceutical company Bristol-Myers Squibb is pictured on the blouse of an employee in Le Passage Thomson Reuters Chicago (Reuters) – Mixed results over the weekend from closely watched studies combining Bristol-Myers Squibb Co’s cancer immunotherapy with Nektar Therapeutics experimental drug NKTR-214, led at least one Wall Street analyst to reassess expectations. Bristol […]

Dog found dead in carrier during Delta Air Lines layover

Dog found dead in carrier during Delta Air Lines layover

ROMULUS, Mich. — Delta Air Lines is investigating the death of an 8-year-old dog during a layover at Detroit Metropolitan Airport, en route from Phoenix to Newark, New Jersey. The Pomeranian, named Alejandro, was found dead Wednesday morning in its carrier in a cargo facility at the airport, southwest of Detroit in Romulus. In a statement, […]

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