Amazon pursued by 238 suitors in headquarters bid – ZDNet

Amazon is counting its suitors with a total of 238 proposals submitted for the firm’s new headquarters. The second headquarters, dubbed HQ2, has generated enough interest that hundreds of cities across the United States have asked Amazon to consider them. The retail giant released the number of proposals on Monday together with a map revealing […]

Fidelity Chairman Deals With Fallout From Sexual Harassment Claims – Fortune

Less than a year into her tenure as chairman of Fidelity Investments, Abigail Johnson faces a crisis amid allegations that the mutual fund giant has a men’s club mentality. Johnson is addressing inappropriate workplace conduct such as sexual harassment by hiring a consulting firm to review employee behavior stretching back years, the Wall Street Journal […]

Tesla Plant in China May Be a First – New York Times

The preliminary deal still offers Tesla control over its trade secrets and may give the company leverage to negotiate better terms with the Chinese government in the future. Tesla hopes to complete the deal by the end of the year, the two people said. Any comprehensive arrangement would still require the approval of the central […]

The Wolf of Wall Street Thinks Some ICOs Are ‘The Biggest Scam Ever’ – Fortune

Convicted fraudster says beware. In the chorus of voices warning against the fraudulent implications of many initial coin offerings (ICOs), here’s one that should stand out: that of convicted fraudster Jordan Belfort. The “Wolf of Wall Street,” whose securities frauds were recounted in the film of the same name—where Belfort was portrayed by Leonardo DiCaprio—told […]

General Electric’s ‘Unacceptable’ Q3 2017 Results – Seeking Alpha

General Electric’s ‘Unacceptable’ Q3 2017 Results – Seeking Alpha

During the conference call, General Electric’s (GE) new CEO, Mr. John Flannery, stated that the company’s Q3 2017 financial results were “unacceptable to say the least”. As expected, Mr. Flannery reset expectations for this company and laid the groundwork for a possible dividend cut in the weeks ago (the Annual Investor Meeting is scheduled for […]

Report: Bill O’Reilly settled another sexual harassment claim for $32 million – Washington Post

A new report says that Bill O’Reilly settled a sexual harassment allegation by a longtime Fox News contributor before his “O’Reilly Factor”contract was renewed. (Richard Drew/AP) Former Fox News host Bill O’Reilly secretly settled a sexual harassment allegation with a network contributor for $32 million — the largest, by far, of six such agreements that […]

General Electric profit falls, missing expectations, will cut $20 billion in businesses – USA TODAY

General Electric profit falls, missing expectations, will cut $20 billion in businesses – USA TODAY

GE earnings dip, missing Wall Street’s expectations.(Photo: Gene J. Puskar, AP) General Electric’s earnings tumbled in the third quarter, missing Wall Street’s expectations as the company said that it will pare $20 billion in businesses within the next two years to make its operations more efficient.     x Embed x Share CLOSE Hurricane Maria left a path of destruction in […]

8th child reported killed by recalled Ikea dresser – ABC News

An eighth child has been killed by an Ikea dresser that was recalled more than a year ago because of its propensity to tip over. Two-year-old Jozef Dudek of California was killed when a three-drawer Ikea dresser tipped over and crushed him during naptime. The family’s lawyer, Daniel J. Mann of Philadelphia, said the accident […]

Ikea dresser, already recalled, reportedly kills 8th child – Fox News

FILE: A California boy is reportedly the eighth child to be killed by an Ikea dresser that was recalled in June 2016.  (Reuters) A 2-year-old boy in California is reportedly the eighth child to be killed by an Ikea dresser that was recalled in June 2016. The family’s lawyer told ABC News that […]