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IBM Breaks Revenue Slump With Growth In Cloud Services, New Mainframes And Power Architecture Systems - CRN
IBM Breaks Revenue Slump With Growth In Cloud Services, New Mainframes And Power Architecture Systems
After more than five years of uninterrupted business contraction, IBM on Thursday reported a quarter of growth spurred by its cloud portfolio and new mainframes and processors. Jim Kavanaugh, a 21-year IBM veteran who took the position of CFO last week ...
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Whole Foods left with empty shelves under new stocking system, employees say
Employees tell Business Insider the system is supposed to save money, but customers are getting angry over the empty shelves and aisles. Author: Bernard Ellouk and Travis Pittman. Published: 4:52 PM PST January 18, 2018. Whole Foods stores around the ...
Whole Foods Has a Stunning Problem No One Saw Coming (and Customers Are Blaming Amazon)Inc.com
Furious Whole Foods Shoppers Report Empty Shelves at Stores Across the USPJ Media
Amherst Whole Foods seems to have avoided national inventory problems10,000 Couples
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IBM Falls After Sales in New Business Fail to Impress Bulls
IBM managed to increase sales for the first time in almost six years, but that growth wasn't fueled as much by cloud computing and other new products as some analysts had hoped, causing shares to tumble. “The bulls were hoping for a beat on that ...
IBM's year-over-year revenue didn't decline in the last quarterTechCrunch
IBM returns to growth, but shares drop after recent rallyReuters
IBM grew its revenues for the first time in 23 quarters but investors are still selling off stockBusiness Insider
CNBC -ZDNet -Seeking Alpha -ValueWalk
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Snap is reportedly laying off around 2 dozen employees
Spiegel, in a memo obtained by Cheddar, told employees that Snap needed to grow into "an organization that scales internally." Snap is reportedly laying off around 2 dozen employees, according to reports from Cheddar and The Information on Thursday ...
Snap laid off two dozen employees and half of them were from their content teamCNBC
Snap roundup: Snapchat redesign backlash… Ad-tech adds app installsL.A. Biz
Snap increases layoffs amid slowing user growth & monetization struggles9to5Mac
Variety -TheWrap -The Verge -Cheddar
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Burger King takes swat at McDonald's with new gut bomb burger
Think of it as the battle of the gut busters. In an effort to go after rival McDonald's, Burger King has unveiled a hefty new burger made with a half-pound of beef, and it went on sale Thursday. The Double Quarter Pound King Sandwich takes direct aim ...
Burger King launches Double Quarter Pound King SandwichNation's Restaurant News
Burger King Takes on McDonald's with New Double Quarter Pound BurgerPEOPLE.com
Burger King Takes on McDonald's With New Double Quarter Pound SandwichFortune
Online Athens -Business Insider -Business Wire (press release) -Food & Wine
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IBM shares fall despite first growth in 23 quarters
IBM saw its stock go down more than 4.5 percent after it reported better-than-expected earnings for the fourth quarter and full year of 2017 on Thursday. EPS: Excluding certain items, $5.18 in earnings per share vs. $5.17 in earnings per share as ...
IBM Falls After Sales in New Business Fail to Impress BullsBloomberg
IBM Slides as 'Tax Headwind' Hits 2018 Outlook After Long-Awaited Sales WinTheStreet.com
IBM Ends 22-Straight Quarters of Declining Revenue. But Wall Street Is UnimpressedFortune
TechCrunch -ZDNet -New York Times -Barron's
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American Express earnings: $1.58 per share vs. $1.54 expected
CEO Ken Chenault said the company will temporarily suspend its buyback program due to a one-time charge from the new tax law. Chenault, the company's 17-year CEO, is retiring in February, to be succeeded by current Vice Chairman Stephen Squeri. Kevin ...
American Express Posts $1.2 Billion Loss Due to New Tax LawU.S. News & World Report
Tax overhaul leads AmEx to first loss in 26 years, suspend buybacksReuters
American Express Kicks Off Credit Card Earnings ReportsInvestor's Business Daily
Financial Times -Nasdaq -Seeking Alpha -Zacks Investment Research
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Is CFPB's Mulvaney waging war on the agency he runs?
If anyone has doubted that acting Consumer Financial Protection Bureau Director Mick Mulvaney intends to overhaul the agency, the last three days alone have put those doubts to rest. Just this week, the CFPB reportedly withdrew an April 2017 lawsuit ...
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Accusations Of 'Frat House' Behavior Trail 'LA Times' Publisher's Career
Updated at 5:02 p.m. ET. The Los Angeles Times has given prominent coverage to recent revelations of sexual harassment of women by prominent men, particularly in entertainment and media. Yet a review by NPR finds that the newspaper's own CEO and ...
Coast to coast Mr. Fix-It: Jim Kirk to oversee New York Daily News newsroomPoynter (blog)
It looks like Los Angeles Times publisher Tronc is eyeing a contributor modelBusiness Insider
Tronc names Jim Kirk interim editor of New York Daily NewsRobert Feder (blog)
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Uber Completes Sale of $9.3 Billion in Stock Led by SoftBank
Uber Technologies Inc. completed its deal with SoftBank Group Corp., triggering a slate of governance reforms at the ride-hailing company. Uber shareholders sold about $8 billion at a discounted price to a group of investors led by SoftBank, making the ...
Uber's former CEO said to cash in at $1.4B in Softbank dealCNET
Uber's Kalanick ignored warnings from execs about buying self-driving truck start-up Otto, says reportCNBC
Uber agrees investment from SoftBankBBC News
Financial Times -Breitbart News -The Daily Caller -SiliconBeat
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Horrifying moment shows passengers brace for impact as plane makes emergency landing
Dramatic footage captured on a cell phone of passengers on an American Airlines flight bracing for an emergency landing is going viral online. Steve Ramsthel, one of the pilots aboard the Wednesday flight, recorded the horrifying moment he and other ...
American Airlines passengers told to brace for landing in scary vidFox News
During This American Airlines Emergency Landing, a Pilot Filmed What Happened (It's Chilling)Inc.com
Watch American Airlines passengers brace for emergency landingNOLA.com
Metro -Rare.us -ABC News -Daily Mail
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Washington, DC, and Austin are shaping up as strong contenders for Amazon's new headquarters
As the high-profile bidding war for Amazon's $5 billion investment in a second headquarters enters the final stages, one region seems to have an edge over the more than 200 cities and counties that initially expressed interest. Based the criteria ...
Amazon's next top headquarters: US cities strut their stuff as firm seeks second homeThe Guardian
Breakingviews - Amazon HQ2 choices disappointingly undisruptiveReuters
Amazon reveals top 20 city candidates for its second HQTechCrunch
KXAN.com -Minneapolis Star Tribune -eWeek -Greenville News
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The World's Most Popular Liquor Becomes Scarce On Many Shelves
Moutai baijiu reigns as China's favorite brand of its favorite liquor — but the famously fiery drink is getting hard to find, as bottles are snatched up by market speculators. Renewed thirst for baijiu has sent the value of brand parent Kweichow ...
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Pharma Has Another Reason To Look Out -- Healthcare Systems Now Plan To Make Their Own Drugs - Forbes
Pharma Has Another Reason To Look Out -- Healthcare Systems Now Plan To Make Their Own Drugs
There's Apple, Google, and Amazon looking at the healthcare marketplace and it's making pharma a bit fearful. And beyond this industry, new distribution channels may also disrupt the pharmacy benefit management (PBM) business. Today, Intermountain ...
Fed Up With Drug Companies, Hospitals Decide to Start Their OwnNew York Times
These Hospitals Are Sick of High Drug Prices. So They're Starting Their Own Nonprofit Drug CompanyFortune
Hospital groups and the VA are trying to upend the generic drug businessBusiness Insider
CBS Baltimore / WJZ -STLtoday.com -Axios -STAT
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Amherst Whole Foods seems to have avoided national inventory problems
The Whole Foods store in Amherst seems to be avoiding rampant out-of-stock issues that are affecting stores elsewhere in the country. Shelves at the Sheridan Drive store were stocked to normal levels Thursday morning and employees said the store hasn't ...
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I'm from Pittsburgh — here's why it is the clear best pick from Amazon's HQ 2 shortlist - Business Insider
I'm from Pittsburgh — here's why it is the clear best pick from Amazon's HQ 2 shortlist
About the only thing that could break through what has been a days-long period of sports-induced depression in the Steel City after the Steelers shocked the world and lost to the Jacksonville Jaguars while the Pirates sold off their two greatest stars ...
Amazon just released the list of metro areas it's considering for its second HQWashington Post
Newark in the running for Amazon's new HQAsbury Park Press
Amazon narrows shortlist for second HQ to 20 regionsFinancial Times
Chicago Daily Herald -STLtoday.com -The Tennessean -10TV
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Trump's consumer protection bureau has an odd budget request: Zero
The Consumer Financial Protection Bureau's acting director, Mick Mulvaney, told Fed officials that the bureau needs no additional funds to operate for the coming quarter. The CFPB began fiscal 2018 with a balance of $177.1 million but only requires ...
Mulvaney asks Fed to withhold additional consumer bureau fundingThe Hill
Mulvaney requests no funding for Consumer Financial Protection BureauPolitico
Win for taxpayers as Consumer Protection Bureau chief seeks $0 for agencyWashington Examiner
American Banker -The Daily Caller -Fresno Bee -TPM
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Palm Beach Post
South Florida makes first cut in Amazon's HQ2 search
Palm Beach Post
Amazon narrowed its search to 20 contestants. Aside from Miami, they are: Atlanta, Austin, Boston, Chicago, Columbus, Ohio; Dallas, Denver, Indianapolis, Los Angeles, Montgomery County in Maryland; Nashville, Newark, New York City, Northern Virginia ...
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New York Times
Amazon Chooses 20 Finalists for Second Headquarters
New York Times
SEATTLE — Amazon said on Thursday that it had whittled the list of possible homes for its second headquarters to 20, including centers of technology like Boston and some surprise locations like Columbus, Ohio. The list of finalists leans toward ...
Amazon narrows HQ2 search to 20 cities, moving to next phase in contest for $5B economic prizeGeekWire
Amazon names top 20 finalists in second headquarters raceUSA TODAY
Amazon picks 20 finalists for its second headquartersCNNMoney
TechCrunch -Chicago Tribune -CNBC -Bloomberg
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US housing starts fall; jobless claims hit 45-year low
WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains. FILE PHOTO: A man ...
US Jobless Claims Plunge to Lowest Weekly Tally Since 1973Bloomberg
US Jobless Claims Fell Last Week to Near 45-Year LowWall Street Journal
US Jobless Claims Fall by 41000 in Latest WeekInvesting.com
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