Howard Schultz hands the keys to his successor in an emotional investor meeting
Washington Post, 23 March at 00:25
Starbucks CEO Howard Schultz quite literally handed the keys to the company to his successor on Wednesday. Reaching into his pocket during the company's meeting of annual shareholders, Schultz plucked the door key to Seattle's Pike Place Market store, ...
Investors on edge after Trump rally fizzles. What now?
Financial Times, 23 March at 00:18
The optimistic but eerie calm that had settled over the US stock market since the US election ended abruptly this week, as the longest streak of trading days without a 1 per cent decline in more than two decades finally snapped. Equities clawed back
Trump Tantrum looms on Wall Street if healthcare effort stalls
Reuters, 23 March at 00:02
A trader works on the floor of the New York Stock Exchange (NYSE) as news plays on a television in the background shortly after the opening bell in New York, U.S., March 22, 2017. REUTERS/Lucas Jackson. 1/2. left. right. Traders work on the floor of
17000 AT&T technicians and call center workers go on strike
Ars Technica, 23 March at 00:01
About 17,000 AT&T wireline technicians and call center employees went on strike in California and Nevada today while filing an unfair labor charge to the National Labor Relations Board (NLRB) alleging that AT&T violated federal law. "The company has ...
Nike's earnings were better than expected, but the beat was 'low quality'
MarketWatch, 22 March at 23:57
Nike Inc. reported better-than-expected earnings for the third quarter, but analysts call the beat “low quality” because it was based on factors like lower expenses rather than higher revenue. Nike NKE, -7.05% reported earnings per share of 68 cents
How major US stock market indexes fared on Wednesday
Washington Post, 22 March at 23:45
After a shaky start, U.S. stocks finished mostly higher Wednesday as technology and industrial companies rose. Banks fell with interest rates as the market came off its biggest loss in five months. On Wednesday: The Standard & Poor's 500 index added 4
Plan for $7.5B Kushner Family Tower in New York Faces Hurdles: Report
Fox Business, 22 March at 23:36
The family-owned company that until recently was headed by U.S. President Donald Trump's son-in-law hopes to turn an aging New York office tower into a signature development that could be worth up to $12 billion, a report said on Wednesday. Continue ...
STARBUCKS CEO: Not every decision in business is an economic one
Business Insider, 22 March at 23:32
Starbucks spent a large portion of its annual shareholders' meeting doubling down on its progressive social beliefs. "Not every decision in business is an economic one... because leadership and moral courage is not a passive act," CEO Howard Schultz
AT&T strike: Bay Area workers among 17000 who walked off the job in California, Nevada
The Mercury News, 22 March at 23:25
An AT&T terminal box is open, exposing wiring, on Delaware Ave. in Santa Cruz, Calif., Friday, Mar. 16, 2017. There are claims that AT&T is failing to maintain its older equipment, leading to poor and unreliable phone service for California residents
Close Update: Wall Street Recovers With S&P, Nasdaq Advancing on Technology Strength
Nasdaq, 22 March at 23:17
The main U.S. markets ended the mid-week session mostly higher, as investors bought up shares on the Nasdaq Composite and the S&P 500 following sharp declines a day earlier. The Dow Jones Industrial Average, however, was kept in check by a steep ...
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