Mega Millions jackpot soars to record $970 million
WLS-TV, 18 October at 19:59
The Mega Millions jackpot on Thursday jumped to $970 million. The drawing for the prize will be on Friday night. No one won the big prize in Powerball on Wednesday. The jackpot for Powerball has skyrocketed to almost half a billion after no one won.
Amid legal probe and customer fury, how did MoviePass go from hero to villain?
NBCNews.com, 18 October at 19:22
There might be more drama with MoviePass than on the big screen. The New York Attorney General's Office is investigating whether Helios and Matheson, the majority owner of MoviePass, misled investors. The probe was first reported by CNBC. It's the
Rates retreat as investors seek safety amid Draghi comments, equity sell-off
CNBC, 18 October at 19:17
Short-term Treasury rates fell from multiyear highs on Thursday after European Central Bank President Mario Draghi criticized plans by certain member countries to increase borrowing limits, sending Italian and Spanish yields up sharply. Relatively
Square unveils the Square Terminal, designed to replace old keypad credit card machines
TechCrunch, 18 October at 19:07
Square is launching a new piece of hardware today — the Square Terminal. As explained to me by the company's Head of Hardware Jesse Dorogusker, the Terminal fills a gap the company's product lineup — unlike the basic card reader, it provides an ...
Square takes on the clunky old-school payment terminal
Fast Company, 18 October at 19:04
With a few taps on the color touchscreen of Square's new mobile payment terminal, the bike salesperson selects a BMX helmet and chain. Then he hands the terminal over to his bearded customer, who checks the total cost of the transaction and taps his ...
Coca-Cola names Brian Smith chief operating officer, taps new CFO
CNBC, 18 October at 18:56
Coca-Cola announced Thursday it named company veteran Brian Smith as its next chief operating officer, filling a post that had been vacant since James Quincey became CEO last year. Smith will take on his new role at the start of next year. He currently ...
San Diego Elementary School Principal Apologizes for Warning Parents About Black Man in Hoodie at Starbucks
The Root, 18 October at 18:55
Well, this is awkward. A principal of a San Diego elementary school sent out a totally racist email warning people of a black man who was inside a Starbucks and now she's been forced to send a “Hey, about that racist email I sent ...” email apology for
Uber Driver May Drive Uber IPO
Bloomberg, 18 October at 18:33
Uber. If you are an investment banker and you want to win a mergers-and-acquisitions mandate, you do the usual things. You gain favor with the company by lending it money and giving it free advice, and you butter up its senior executives by taking them
Wall Street Drops After Weak Industrial Earnings, Hawkish Fed
New York Times, 18 October at 18:30
(Reuters) - U.S. stocks fell on Thursday as weak earnings reports from industrials raised worries over rising expenses and the impact of tariffs, adding to concerns of higher borrowing costs after hawkish commentary in the Federal Reserve's minutes.
Tesla's settlement with the SEC means a lot more supervision for Elon Musk
Quartz, 18 October at 18:27
Earlier this week a judge approved Tesla's settlement agreement with the US Securities and Exchange Commission (SEC). In a filing with regulators yesterday (Oct. 17), the electric-car maker agreed to a series of demands that will allow it to move past
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