By Google News
Marketers Should Note These 5 Things From Google Parent Alphabet’s Earnings
Wall Street Journal
Google parent company Alphabet Inc. reported a 22% surge in fourth-quarter revenue to $26.1 billion. While that growth exceeded analysts’ expectations, the company’s 8.3% increase in profit fell short of expectations and the stock fell 2.3% in late …
Carlos Slim calls for rare press conference days after border wall announcement
Carlos Slim, who last month said a Donald Trump presidency could be good news for Mexico, called for a rare press conference Friday, just two days after Trump announced his plans to build a wall between the two countries.
Surge in media mergers is expected under Trump’s pro-business agenda
Los Angeles Times
Buckle up: Media companies are preparing for some whirlwind courtships in what’s expected to be the biggest merger bonanza in years.
Toshiba to sell part of chip business, puts overseas nuclear ops under review
The logo of Toshiba Corp is seen behind a traffic signal at its headquarters in Tokyo, Japan January 27, 2017. REUTERS/Toru Hanai.
At Trump’s Mar-a-Lago, the price for joining the ‘winter White House’ has doubled
President Trump’s Mar-a-Lago Club in South Florida has doubled its new-member fees to $200,000 due to growing interest since the election, a major spike that is already drawing criticism that the president is profiting off his rise to the White House.
Wet Seal Will Close All 171 Stores in Latest Retail Bloodbath
It looks like it’s the end of the line for one-time teen favorite store chain Wet Seal. The mall-based retailer is planning to close all of its 173 or so stores after failing to turn its business around, according to several media reports.
Elon Musk Has Trump’s Ear, and Wall Street Takes Note
The election of Donald Trump and the accompanying rehabilitation of fossil fuels should have been, by all rights, devastating for Tesla Motors.
Alibaba’s Online Payments Arm Is Buying a US Money-Transfer Giant
Ant Financial Services Group, the world’s largest financial technology company, said on Thursday that it would acquire U.S. money-transfer company MoneyGram International (mgi) for about $880 million in a deal that is expected to shake up the …
UPDATE 4-Ford sees lower 2017 profits, takes hit from pensions, Mexico
DETROIT, Jan 26 (Reuters) – Ford Motor Co on Thursday reported a fourth-quarter loss, citing an accounting change to pensions and costs for abandoning a factory in Mexico, which President Donald Trump had attacked on the road the White House.
Is TransCanada Corporation’s Stock a Buy Now That the Keystone XL Pipeline Is Back in Play?
President Donald Trump recently signed executive orders aimed at restarting stalled oil pipeline projects, including a request that TransCanada (NYSE:TRP) reapply for approval of its controversial Keystone XL pipeline.
Starbucks: Crowded stores turned off customers
NEW YORK – Not everyone is willing to wait in a line for a Starbucks fix. The coffee chain reported disappointing sales growth on Thursday and partly blamed the “congestion” in its stores for prompting some people to leave without buying anything …
Trump order strips privacy rights from non-U.S. citizens, could nix EU-US data flows
An Executive Order signed by U.S. President Donald Trump in his first few days in office could jeopardize a six-month-old data transfer framework that enables EU citizens’ personal data to flow to the U.S.
Tesco’s Lewis Charts New Course With $4.6 Billion Booker Buy
Tesco Plc agreed to buy Booker Group Plc for about 3.7 billion pounds ($4.6 billion), pooling the U.K.’s biggest supermarket chain with the No.
Trump Plan for Tax on Mexico Exports Raises Eyebrows in Asia
New York Times
TOKYO – Talk of a possible 20 percent tax on U.S. imports from Mexico raised eyebrows Friday in Asia, where exports to the U.S. drive growth in many economies.
Trump on Dow 20000: ‘Now we have to go up, up, up’
So much for Trump warning of a “big, fat, ugly” bubble. Now that he’s in the White House, the new U.S. president is actively cheering on the stock market to go higher — much higher.
Shakeup at Harvard Endowment
There’s been a big shakeup at Harvard University’s struggling endowment, The Wall Street Journal reports. The endowment will outsource management of most of its assets and lay off roughly half its 230-person staff.
Two of Cisco’s biggest competitors quietly kicked it in the teeth this week
While the tech world was stunned by Cisco’s surprise $3.7 billion purchase of AppDynamics this week right before AppDynamics had its IPO, that’s only part of the drama around Cisco this week.
Kraft Heinz to give office workers the day off after Super Bowl
The Kraft Heinz Co. is using its “Smunday” campaign to endorsing a petition that would make Monday after the Super Bowl a a national holiday.
Intel Announces Record Quarterly Revenue And Full-Year Revenue For Q4’2016
This afternoon, Intel announced their quarterly earnings for the fourth quarter of their 2016 fiscal year. Intel set a new record for revenue for this quarter, coming in at $16.4 billion.
Why ‘1984’ Is a 2017 Must-Read
New York Times
The dystopia described in George Orwell’s nearly 70-year-old novel “1984” suddenly feels all too familiar. A world in which Big Brother (or maybe the National Security Agency) is always listening in, and high-tech devices can eavesdrop in people’s homes.
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