With their respective transitions to the cloud, analytics, and software-as-a-service (SaaS) in full swing, both Microsoft (NASDAQ: MSFT) and Oracle (NYSE: ORCL) have been powering a profitable 2017 for their shareholders. Microsoft stock is up 32% so far this year, while Oracle shares have climbed a solid 26%. Continue Reading […]
FOX Business News
Bitcoin firms won’t be included in Israel share indexes: Regulator
JERUSALEM, Dec 12 (Reuters) – Israel’s markets regulator said on Tuesday bitcoin-based companies would not be included in any indexes on the Tel Aviv Stock Exchange (TASE) but that does not mean they should be banned from trading. Continue Reading Below Shmuel Hauser mentioned Natural Resource Holdings, whose shares have […]
Ex-CFO of ‘Soup Nazi’ inspired company admits to tax evasion
NEW YORK – The former chief financial officer for a company licensing recipes from the real-life chef who inspired the “Soup Nazi” character on “Seinfeld” has admitted to tax evasion. Continue Reading Below The Daily News reports 62-year-old Robert Bertrand, of Norwalk, Connecticut, pleaded guilty Monday to one count of […]
How Howard Schultz botched Starbuck’s acquisitions
Starbucks (SBUX) hasn’t done many things wrong in its nearly 50-year existence. Founded by three academics in 1971 who learned the coffee business from Alfred Peet of Peet’s Coffee and Tea, the founders made the best decision in the history of the business in 1982 by (reluctantly) hiring a young […]
Here’s How Baidu, Inc. Crushed It in 2017
Baidu, Inc. (NASDAQ: BIDU) had a pretty tough time in 2016. Investments in the online-to-offline (O2O) market failed to gain traction. Chinese regulators cracked down on the company following the death of a 21-year-old college student, who died after receiving an unproven cancer treatment he found advertised on Baidu’s search. Later […]
This Is My 2018 Work Resolution
Many people use the new year as an opportunity for self-improvement. They take a look at what they want to fix in their lives and make a resolution to do better. Continue Reading Below In many cases, those resolutions are personal. People resolve to lose weight or to spend more […]
Why Instacart May Be Wal-Mart and Amazon’s Biggest Rival
If the enemy of my enemy is my friend, then Instacart may soon have a whole lot of friends. Continue Reading Below To be fair, the same-day delivery service isn’t quite Amazon‘s (NASDAQ: AMZN) enemy — the two companies actually became inadvertent partners when the online retailer bought Whole Foods. […]
French group to take over Westfield malls for $15.7 billion
PARIS – French real estate company Unibail-Rodamco has agreed to buy Australia-based shopping mall operator Westfield Corporation for $15.7 billion in cash and shares. Continue Reading Below The companies would together have 104 shopping centers in 13 countries that bring in an estimated 1.2 billion visits a year. Unibail-Rodamco invests […]
Turbulent Senate race now in hands of Alabama voters
Depending on who is making the case, Alabama’s special Senate election Tuesday is about either continuing the “Trump miracle” in Washington or allowing “decency” to prevail back home. Continue Reading Below At the center is Roy Moore — “Judge Moore,” to his supporters. The 70-year-old Republican was twice ousted […]
NTSB to issue probable cause of El Faro’s sinking
Federal accident investigators on Tuesday will determine the probable cause of the sinking of the cargo ship El Faro, the worst maritime disaster for a U.S.-flagged vessel in decades that resulted in the deaths of 33 mariners. Continue Reading Below The National Transportation Safety Board is expected to issue more […]