Page 8 of 10 FirstFirst ... 678910 LastLast
Results 71 to 80 of 97

Thread: The business news thread

  1. #71
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    Three days ago, I posted the news of the Federal Reserve's sanctions on Wells Fargo for creating 3.5 million fake accounts and charging 570,000 auto loan customers for insurance without notifying them. Well, now it's time for the sob story. Pardon me if I don't feel sorry for Wells Fargo.

    Wells Fargo: Fed order could cut $400 million from bank's profit this year

    http://www.msn.com/en-us/money/compa...D=ansmsnnews11

  2. #72
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    "Help wanted. Must be able to make a hamburger. Good pay. Opportunity for advancement."

    With unemployment at a 17-year low, fast-food chains are struggling to hire and retain workers

    http://www.businessinsider.com/fast-...-donuts-2018-2

  3. #73
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    Jeff Bezos will be happy. Best Buy's loss will be Amazon's gain.

    Best Buy will stop selling CDs July 1; Target could follow suit

    http://www.businessinsider.com/best-...eaction-2018-2

  4. #74
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    I can't help wondering what Walt Disney would say if he could see the theme parks today: "Avatar? Star Wars? Indiana Jones? Guardians Of The Galaxy? Muppet*Vision 3D? The Twilight Zone Tower Of Terror? At Disney parks? We should be developing rides and shows based on our own characters -- Disney characters."

    Theme parks lift Disney profit
    Reuters, Feb 6 2018 1:15 PM

    The Walt Disney Co. today reported a quarterly profit that topped Wall Street forecasts as theme park attendance rose, making up for a decline at the ABC broadcasting network. Shares of Disney rose 2.7% in after-hours trading to $108.99. The media and entertainment conglomerate reported adjusted earnings per share of $1.89 for October through December, ahead of the $1.61 analysts expected.

    The theme parks division generated $1.3 billion in operating income for the quarter, helped by strong park attendance and cruise ship bookings over the Christmas and New Year’s holidays. Visitors flocked to an Avatar-themed land at Walt Disney World in Florida and to a Guardians of the Galaxy ride at Disneyland Resort in California, the company said.

    https://www.reuters.com/article/us-w...-idUSKBN1FQ321

  5. #75
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    The Times was owned by the same family from 1884 until 2000 when the paper was sold to the Tribune company in Chicago. Ownership will once again be local. Patrick Soon-Shiong, born in South Africa to Chinese parents, is a former doctor who now lives in Los Angeles and owns several medical research companies. Forbes estimates his wealth at $7.8 billion.

    Billionaire Patrick Soon-Shiong reaches deal to buy Los Angeles Times and San Diego Union-Tribune

    http://www.latimes.com/business/la-f...207-story.html

  6. #76
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    Can we chat about Snap? Snap and Snapchat are really making headlines today.

    Snap Inc. stock surges 39% following report of strong earnings, user growth

    http://www.latimes.com/business/tech...207-story.html

    Snapchat revamp gets full-scale UK rollout

    http://www.bbc.co.uk/news/technology-42978422

    Snapchat will not let users broadcast Live
    Snapchat is finally getting Live video. Today Snapchat announced it will pipe snippets of NBC’s Live Olympics coverage directly into its app but there are no plans to open up broadcasting to Snapchatters.

    https://techcrunch.com/2018/02/07/snapchat-live/

  7. #77
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    For an additional $7.99, online shoppers can get groceries delivered within an hour. Is going to a market once a week and buying groceries really that difficult and time-consuming? For many people, pushing a shopping cart in a market might be the only exercise they get each week.

    Amazon Prime members can get free two-hour delivery from Whole Foods

    http://www.money.cnn.com/2018/02/08/...ery/index.html

  8. #78
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    Amazon.....Whole Foods.....and now this. We're giving people more and more reasons to be lazy and never leave their homes.

    KFC, Taco Bell teaming with GrubHub to start home deliveries

    http://www.cbsnews.com/news/kfc-taco...ck-yum-brands/

  9. #79
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    I wonder what's next. An Amazon Bank? Amazon Airlines? Amazon Insurance Company? A national chain of Amazon restaurants? Ooh, maybe an Amazonland theme park.

    Amazon to launch delivery service that would compete with FedEx, UPS

    http://www.msn.com/en-us/money/compa...D=ansmsnnews11

  10. #80
    Rewind is offline
    Mentor
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 1,316
    Let the chips fall where they may. (Sorry.)

    Qualcomm rejects Broadcom's revised $121 billion buyout offer, proposes meeting

    http://www.reuters.com/article/us/qu...-idUSKBN1FS391

  11. Ad Fairy Senior Member
Page 8 of 10 FirstFirst ... 678910 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •