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Wednesday, October 10, 2018
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Plan to Fix Journalism With Cryptocurrency Draws Skepticism 10 Oct 2018, 9:34pm Updated Plan to Fix Journalism With Cryptocurrency Draws Skepticism
The Civil Media Co. bills itself as a solution to some pressing problems in modern journalism, pitching a new cryptocurrency that would help news consumers support quality information and weed out bad actors.
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GBP 1,28 -0,471%
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AT&T Streaming Video Service Is Set to Launch in 2019 10 Oct 2018, 8:33pm Updated AT&T Streaming Video Service Is Set to Launch in 2019
AT&T is set to launch a streaming video service featuring films and TV shows it acquired from its purchase of Time Warner, ratcheting up its rivalry with Netflix.
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IMF Warns of Possible Emerging-Markets Crisis 10 Oct 2018, 7:08pm Updated IMF Warns of Possible Emerging-Markets Crisis
A new IMF study projects emerging economies will muddle through recent market turbulence without a severe shock to their financial systems, but flags an outside chance of a crisis.
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Justice Department Approves CVS-Aetna Deal 10 Oct 2018, 6:32pm Updated Justice Department Approves CVS-Aetna Deal
Antitrust enforcers cleared CVS Health’s acquisition of Aetna after the companies took steps to ease regulators’ concerns, moving the nearly $70 billion deal a step closer.
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Third Point Warns Campbell Against Filling CEO Job 10 Oct 2018, 6:21pm Updated Third Point Warns Campbell Against Filling CEO Job
Activist investor Third Point warned Campbell Soup not to fill the chief-executive position at the food company ahead of the Nov. 29 annual meeting.
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FTC Asked to Probe Hospital Contracts 10 Oct 2018, 6:15pm FTC Asked to Probe Hospital Contracts
Senate Judiciary Committee Chairman Chuck Grassley asked the FTC to investigate whether contracts between insurers and hospital systems are limiting competition and pushing up costs.
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Snap Launches More Scripted Shows 10 Oct 2018, 5:52pm Updated Snap Launches More Scripted Shows
Snap is getting deeper into the crowded scripted-show market by teaming up with companies like Viacom and NBCUniversal on original content.
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Aerospace Company TransDigm to Buy Jet-Components Maker Esterline 10 Oct 2018, 4:44pm Updated Aerospace Company TransDigm to Buy Jet-Components Maker Esterline
TransDigm agreed to buy rival Esterline Technologies for $4 billion, a deal that would put the aerospace-parts maker in a class of giant suppliers to the jetliner industry.
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South Korea Sends Another $5 Billion to Hyundai Merchant Marine 10 Oct 2018, 4:24pm Updated South Korea Sends Another $5 Billion to Hyundai Merchant Marine
The new state backing will help the flag carrier finance a new order for megaships as the container shipping line struggles to stay afloat.
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Luxury Stocks Slip on China Fears 10 Oct 2018, 2:17pm Updated Luxury Stocks Slip on China Fears
A mild slowdown at LVMH Moët Hennessy Louis Vuitton sent a shudder across the luxury-goods sector, pushing down stocks amid fears that a pullback by China’s big-spending shoppers could end a long boom.
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Centene to Expand Its ACA Business 10 Oct 2018, 1:59pm Centene to Expand Its ACA Business
Centene plans to add four states to its Affordable Care Act business and expand in six others, in the latest sign of insurers’ improved fortunes under the health law.
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Business Prices Firmed Up in September 10 Oct 2018, 1:46pm Updated Business Prices Firmed Up in September
A gauge of U.S. business prices showed signs of bouncing back in September after a slowdown over the summer.
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Sears Prepares for Bankruptcy Filing as Debt Payment Looms 10 Oct 2018, 12:00pm Updated Sears Prepares for Bankruptcy Filing as Debt Payment Looms
Sears Holdings has hired M-III Partners to draw up a bankruptcy filing that could come as soon as this week, as the cash-strapped company faces a debt payment deadline.
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Music Piracy Remains High, Record Companies Say 10 Oct 2018, 11:01am Updated Music Piracy Remains High, Record Companies Say
Even as on-demand streaming has helped the music business grow, piracy rates remain high, according to a trade group.
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U.S. Producer Prices Rose in September 10 Oct 2018, 8:36am U.S. Producer Prices Rose in September
A gauge of U.S. business prices showed signs of bouncing back in September after a slowdown over the summer.
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SoftBank Explores Taking Majority Stake in WeWork 10 Oct 2018, 8:10am Updated SoftBank Explores Taking Majority Stake in WeWork
SoftBank is in discussions to take a majority stake in WeWork, in what would be a giant bet on the provider of shared office space.
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Google Unveils New Gadgets for Its Voice-Controlled Assistant 10 Oct 2018, 8:10am Google Unveils New Gadgets for Its Voice-Controlled Assistant
Google launched new mobile and home gadgets on Tuesday aimed at ensuring the voice-controlled Google Assistant is never out of shouting distance.
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His Cup of Tea: Ackman Discloses a Stake in Starbucks 10 Oct 2018, 7:48am His Cup of Tea: Ackman Discloses a Stake in Starbucks
William Ackman said his activist hedge fund Pershing Square Capital Management has built a 1.1% stake in coffee giant Starbucks and sees room for the coffee giant to grow despite recent struggles.
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Google Unveils New Hardware 10 Oct 2018, 6:53am Updated Google Unveils New Hardware
Google launched new mobile and home gadgets on Tuesday aimed at ensuring the voice-controlled Google Assistant is never out of shouting distance.
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Google Appeals $5 Billion EU Fine in Android Case 10 Oct 2018, 3:18am Updated Google Appeals $5 Billion EU Fine in Android Case
Alphabet’s Google has filed an appeal of the European Union’s $4.97 billion antitrust fine for allegedly abusing the dominance of its Android operating system for mobile phones.
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