Page 5 of 36 FirstFirst ... 3456715 ... LastLast
Results 41 to 50 of 351

Thread: The business news thread

  1. #41
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    Proof positive that print porn publications are proving to be un-popular:

    Playboy Enterprises might kill magazine in post-Hefner era

    http://www.foxnews.com/entertainment...efner-era.html

    Penthouse magazine parent files for Chapter 11 bankruptcy protection

    http://www.msn.com/en-us/finance/com...ion/ar-AAuCkfw

  2. #42
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    Last year Donald Trump said several times that the dollar is "too strong." A weaker dollar will result in higher profits for US companies operating in other countries. Well, last year the dollar lost 10% of its value relative to other currencies and so far this year it has lost almost 2%. CNN business correspondent Paul La Monica says the slump should not be surprising, nor should it be a cause for worry.......yet.

    Why the U.S. dollar isn't so mighty anymore

    http://www.money.cnn.com/2018/01/15/...lar/index.html

  3. #43
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    Here is an old joke: Morton's is merging with Duracell and they're going to make a salt and battery. And here is a new news story:

    Energizer buys Rayovac for $2 billion

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

  4. #44
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    Ferrero manufactures Nutella, Tic Tacs, several brands of chocolate candy -- and, soon, Butterfinger and Baby Ruth.

    Italian confectioner Ferrero buys Nestlé's US candy business for $2.8 billion

    http://www.cbsnews.com/news/ferrero-...r-2-8-billion/

  5. #45
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    At one time General Electric was the biggest company in the United States. Now, faced with a pre-tax $9.5 billion charge related to an insurance portfolio, GE may soon become a lot smaller.

    GE breakup is likely and announcement could come as soon as this spring

    http://www.cnbc.com/2018/01/16/ge-br...g-sources.html

  6. #46
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    The cheapest Ferraris start at $188,000. I can't begin to imagine what this one will sell for:

    Ferrari plans to make an electric supercar that would compete with Tesla

    http://www.cnbc.com/2018/01/16/ferra...ith-tesla.html

  7. #47
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    Here is a two-sentence headline from the Los Angeles Times. The statistic in the second sentence is largely responsible for the statistic in the first sentence. Doy!

    Movie attendance fell 6% in 2017. Meanwhile, ticket prices hit a record high.

    http://www.latimes.com/business/holl...117-story.html

  8. #48
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    So many mergers and buyouts lately! I fear that eventually we will wind up with just one broadcasting company, one food manufacturer, one automobile manufacturer, one hotel chain, one drugstore chain, one restaurant chain, one movie studio, one banking corporation.......

    Wyndham Worldwide to buy La Quinta's hotel business for $1.95 billion

    http://www.cnbc.com/2018/01/18/wyndh...5-billion.html

  9. #49
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    Oooh, such excitement! This is like an NCAA tournament. I wonder what cities will be in the "Final Four."

    Amazon narrows list of cities for new headquarters to 20

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

  10. #50
    Rewind is offline
    Guru
    Rewind's Avatar
    Joined: Oct 2017 Location: Los Angeles Posts: 3,121
    Analysts expected IBM's earnings would be $5.17 per share. They were $5.18 per share. Wooo!

    IBM's first revenue rise in nearly six years tops estimates
    International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company’s shift into its focus areas such as cloud computing and security services gains traction.

    https://www.reuters.com/article/us-i...KBN1F732Z?il=0

  11. Ad Fairy Senior Member
Page 5 of 36 FirstFirst ... 3456715 ... 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
  •