Category Archives: News

Strong U.S. economy gives a boost to retailers as consumers spend more; Walmart shares jump 10% An employee scans a customer’s purchases at a Walmart store in Secaucus, N.J. The retailer said Thursday that its quarterly sales rose at the fastest rate in over a decade. PHOTO: TIMOTHY FADEK/BLOOMBERG NEWS 78 COMMENTS By Suzanne Kapner and Sarah Nassauer Updated […]

Jan Koum said he was leaving Facebook in April, but has been making periodic appearances in the office to secure stock rewards WhatsApp co-founder Jan Koum at a conference in Munich, Germany, on Jan. 18, 2016. PHOTO: TOBIAS HASE/EUROPEAN PRESSPHOTO AGENCY 16 COMMENTS By Deepa Seetharaman and Kirsten Grind Aug. 15, 2018 7:02 a.m. ET After WhatsApp co-founder Jan […]

Move represents a major bet on the potential global market for cannabis-infused drinks and other products A worker collects cuttings from a marijuana plant at the Canopy Growth facility in Smiths Falls, Ontario. PHOTO: CHRIS WATTIE/REUTERS 12 COMMENTS By Jennifer Maloney and Saabira Chaudhuri Updated Aug. 15, 2018 10:04 a.m. ET Corona brewer Constellation Brands Inc. STZ -8.56% is investing $4 billion into Canadian […]

Athlete-backed BodyArmor has sought to challenge Gatorade’s grip on sports drink market Mike Trout douses one of his Los Angeles Angels teammates with a cooler of BodyArmor sports drink on April 25, 2017. PHOTO: JAYNE KAMIN-ONCEA/GETTY IMAGES 22 COMMENTS By Jennifer Maloney and Cara Lombardo Aug. 14, 2018 5:00 a.m. ET Coca-Cola Co. KO +0.21% is buying a stake in BodyArmor, the sports […]

  Brett Dearing, Senior Director at BNY Mellon Wealth Management, is a Certified Exit Planning Advisor and a Certified Merger & Acquistion Advisor with over 27 years of experience. His areas of focus include platform preparation, contingency planning and succession planning. He specializes in M&A, recapitalization, stock purchases and asset sales. We caught up with Dearing […]

Lira drops more than 10% as international markets sour on Turkey’s capacity to repay foreign-currency debts Turkish President Recep Tayyip Erdogan struck a defiant tone Friday after the lira fell sharply against the dollar. PHOTO:STR/EPA/SHUTTERSTOCK 106 COMMENTS By Mike Bird and Jon Sindreu Updated Aug. 10, 2018 11:19 a.m. ET The Turkish lira plunged Friday on investor concerns […]

Tesla chief’s proposal to take the electric-car maker private amounts to a slap in the face for shareholders Tesla Chief Executive Elon Musk proposed in a tweet on Tuesday to take the company private. PHOTO: JOE SKIPPER/REUTERS 182 COMMENTS By James Mackintosh Aug. 9, 2018 5:33 a.m. ET The stock market has been kind to Elon Musk, who […]

The risky loans that fund private-equity deals are more reliant on money from complex vehicles than ever 2 COMMENTS By Paul J. Davies Aug. 7, 2018 6:18 a.m. ET The boom in risky lending to fund private-equity deals and other takeovers has been fed by complex vehicles that sound a surprising echo from the most-recent debt […]

The talks included how being a private company could ‘better serve Tesla’s long-term interests,’ several board members said Elon Musk startled investors on Tuesday by tweeting a surprise proposal that he was considering taking Tesla private. PHOTO: JOE SKIPPER/REUTERS 42 COMMENTS By Aisha Al-Muslim Updated Aug. 8, 2018 10:26 a.m. ET Several independent directors of Tesla Inc.’s TSLA -2.04% board said Wednesday it […]

@lilmiquela has 1.3 million followers on Instagram. Her bio reads that she’s 19 years old, lives in Los Angeles, and supports causes including Black Lives Matter and the Innocence Project. Oh, and she’s a robot. Her Instagram feed, which at the time of writing has 245 posts, is her entire existence. She likes memes and posting selfies. […]