business news

Yahoo's Marissa Mayer is up for a $23-million 'golden parachute' severance package – Los Angeles Times

March 13, 2017 10:48:54 am | 0 Comments

Yahoo Inc. chief Marissa Mayer is up for a $23-million severance package, the company said Monday in regulatory filings that also named the top executives who will lead what’s left of the company after its digital services are sold to Verizon Communications Inc. and disclosed new details about negotiations with Verizon. Mayer, Yahoo’s chief executive…

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Airbnb has no plans for IPO yet: CEO Chesky – Business Insider

March 13, 2017 10:37:36 am | 0 Comments

Airbnb Chief Executive Brian Chesky poses for Reuters in Los Angeles Thomson Reuters NEW YORK (Reuters) – Airbnb, the leading online marketplace for short-term lodging, has no specific plans yet to go public, its chief executive officer Brian Chesky said on Monday. “We don’t have any announcement to make. We are working to make sure…

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Heritage Action: Conservatives who stop House health-care bill 'will never regret it' – Washington Post

March 13, 2017 10:31:46 am | 0 Comments

Michael Needham, chief executive for Heritage Action for America. (Nikki Kahn/The Washington Post) Heritage Action for America, one of the leading conservative opponents of Republicans’ American Health Care Act, reiterated its opposition Monday despite days of arm-twisting by President Trump’s White House. “Ryancare leaves the fundamental architecture of Obamacare in place,” Heritage Action chief executive Michael…

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Donald Trump, the anecdotal president – Washington Post

March 13, 2017 10:14:28 am | 0 Comments

At a listening sessions at the White House, March 13, President Trump said the best thing Republicans in Congress “could do politically is wait a year,” to alter the Affordable Care Act, but that that would be “the wrong thing to do for the country.” (The Washington Post) When Donald Trump was criticized after his…

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Trump: Letting Obamacare implode on its own 'certainly an option' – Politico

March 13, 2017 10:08:30 am | 0 Comments

President Donald Trump on Monday warned that Republicans “are putting themselves in a very bad position” by repealing and replacing Obamacare and said that letting it “implode” is still an option. Trump blasted Obamacare on Monday morning, telling so-called “victims” of former President Barack Obama’s Affordable Care Act that “a lot of people in the…

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GLOBAL MARKETS-Oil at 3-month lows, stocks edge up before US rate decision – Nasdaq

March 13, 2017 10:07:52 am | 0 Comments

Reuters (Updates with afternoon trading) * Dollar steady after Friday slide as probable Fed hike looms * Crude oil little changed in choppy trading * More M&A: Intel buying Mobileye, Wood Group for Amec Foster * Mining stocks help underpin European benchmarks By Lewis KrauskopfNEW YORK, March 13 (Reuters) – Oil prices hovered near three-month…

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Sunday liquor sales are a go on July 1 … but one store didn't wait – Press

March 13, 2017 10:06:45 am | 0 Comments

Jim Surdyk became something of a celebrity when he opened his Minneapolis liquor store last Sunday — a move city officials said is illegal and subject to stiff fines until Sunday liquor sales in the state formally begin in July. Now his clientele and the media keep asking him if Surdyk’s Liquor & Cheese Shop will…

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Intel Buys Mobileye in $15.3 Billion Bid to Lead Self-Driving Car Market – New York Times

March 13, 2017 9:57:08 am | 0 Comments

By MARK SCOTT March 13, 2017 In the world of driverless cars, household names like Google and Uber have raced ahead of rivals, building test vehicles and starting trials on city streets. But when it comes to what is under the hood, a wide array of lesser-known companies are looking to supply the technology required to bring…

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Gordmans Shows The Importance Of Efficient Bankruptcy To A Free Market Economy – Forbes

March 13, 2017 9:53:54 am | 0 Comments

That an organisation people have been working in for a century goes belly up is not something to applaud. Yet even so there are things to applaud in the manner that Gordmans is doing that turnover to float on the surface of the economy. It’s doing so quickly and efficiently–which is exactly how we both…

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Brevard deputy rescues jet skiers from path of cruise ship – WESH Orlando

March 13, 2017 9:47:33 am | 0 Comments

PORT CANAVERAL, Fla. — A Brevard County sheriff’s deputy rescued two jet skiers Saturday after a cruise ship came within feet of them in Port Canaveral. Advertisement The Brevard County Sheriff’s Office said Deputy Tanner Primmer was providing a security escort for the Carnival Magic when two young women were flipped off a nearby jet…

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