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Updated: Thursday Oct 19, 2017 03:19 pm
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*1 MongoDB Has Strong Debut In Latest Tech IPO
Fortune 10/19/17 3:31 pm
Database software developer MongoDB's initial public offering hit the stock market on Thursday with a Goldilocks-like level of enthusiasm from investors. After MongoDB's underwriters expected to price the new shares at between $20 to $22 each, they ...
*2 Alphabet's CapitalG Leads Lyft's $1 Billion Funding Round
U.S. News & World Report 10/19/17 2:30 pm
FILE PHOTO: An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2017. Picture taken September 21, 2017. REUTERS/Chris Helgren Reuters. By Heather Somerville and Arjun Panchadar. (Reuters) - Lyft Inc ...
*3 SeaWorld Layoffs Leave 350 Employees Jobless As Theme Park Struggles
International Business Times 10/19/17 2:28 pm
SeaWorld Parks & Entertainment (NYSE: SEAS) announced Wednesday that it will be laying off employees and leaving open jobs unfilled at their SeaWorld entities in Orlando, Florida and San Diego, in addition to administrative roles in their corporate ...
*4 GM to settle state ignition claims for $120 million
Reuters 10/19/17 2:28 pm
WASHINGTON (Reuters) - General Motors Co on Thursday agreed to pay $120 million to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general said. The corporate logo of General Motors is seen ...
*5 Jeff Bezos christened Amazon's largest wind farm while 300 feet in the air
Recode 10/19/17 2:27 pm
The new Amazon Wind Farm Texas is its largest farm and one of the company's 18 clean energy projects. by Kat Borgerding Oct 19, 2017, 2:22pm EDT. tweet · share · Linkedin. Photo by Sean Gallup / Getty Images. Amazon has opened its largest wind farm ...
*6 St. Louis region officially submits Amazon HQ2 bid that includes metro-east
Belleville News-Democrat 10/19/17 2:09 pm
The St. Louis Economic Development Partnership submitted its bid Thursday to Amazon to attract the company's second headquarters, or HQ2, but officials involved in the process are not disclosing any details. The St. Louis bid includes the Illinois side ...and more »
*7 The truth about Jeff Immelt and General Electric's corporate jets
CNBC 10/19/17 2:05 pm
The Wall Street Journal reported Wednesday that former General Electric CEO Jeff Immelt had an empty business jet follow his corporate plane. That story was an exaggeration, sources familiar with the matter told CNBC. It was not a regular practice to ...
*8 Walmart Looks Set to Start Its Own Online Mall With Lord & Taylor
Fortune 10/19/17 2:04 pm
Walmart.com (WMT, +0.25%) is close to landing a deal to give department store Lord & Taylor dedicated space on its web site according to the Wall Street Journal, a move that could presage the retailer offering itself to other brands as an alternative ...
*9 Maryland's Governor said to 'get ready' for Elon Musk's Hyperloop that will connect Baltimore and Washington DC
Business Insider 10/19/17 1:53 pm
Maryland Governor Larry Hogan said he supports Elon Musk's Hyperloop project that will connect Baltimore and Washington. Elon Musk first said in July that his latest venture, the Boring Company, will build a Hyperloop between Washington and New York ...
*10 Goldman's Blankfein loves Frankfurt, trolls UK over Brexit
MarketWatch 10/19/17 1:51 pm
Lloyd Blankfein's Twitter troll game was especially strong Thursday, with the Goldman Sachs chief executive firing a shot at the U.K. over Brexit by extolling the virtues of Germany's financial capital. Just left Frankfurt. Great meetings, great ...
*11 The 5 best movies featuring Black Monday
MarketWatch 10/19/17 1:50 pm
When it comes to depicting financial meltdown, there is nothing about the 1987 crash to rival the bank run on the Bailey Building and Loan Association in Frank Capra's 1946 classic “It's a Wonderful Life.” But while Black Monday, the most devastating ...
*12 I stopped using Blue Apron after being a huge fan — and the reasons reveal that the company is doomed
Business Insider 10/19/17 1:27 pm
My parents and I used to be loyal Blue Apron customers but stopped using the service. The issues we found show deeper problems at the meal-kit company. Blue Apron just laid off hundreds of people following competition from Amazon and Kroger.
*13 Conservative Republican tries to derail reappointment of Fed's Yellen
Reuters 10/19/17 1:17 pm
WASHINGTON (Reuters) - A member of the U.S. House of Representatives' Freedom Caucus is mounting a campaign to kill any chance of a second term for Federal Reserve Chair Janet Yellen, the latest sign conservative Republicans want a fresh face at the ...
*14 Tesla Model 3 Reliability Likely to Be Average, Consumer Reports Says
Bloomberg 10/19/17 1:07 pm
Tesla Inc. probably will pull off average reliability with the Model 3 sedan Elon Musk is counting on to dramatically expand demand for his electric cars, according to Consumer Reports magazine. Consumer Reports made the prediction based on the amount ...
*15 A California Restaurant Got Caught Serving Popeye's Chicken to Customers
Fortune 10/19/17 1:06 pm
When you got out for dinner, you don't except the restaurant to served you fried chicken picked up from a different fast food chain. However, that's exactly what happened at Sweet Dixie Kitchen in Long Beach California. One Yelp reviewer, identified at ...
*16 What would happen if Amazon brought 50,000 workers to your city? Ask Seattle.
Washington Post 10/19/17 12:53 pm
SEATTLE — Amazon has driven an economic boom in Seattle, bestowing more than 40,000 jobs upon a city known for Starbucks coffee and Seahawks fandom. Its growth remade a neglected industrial swath north of downtown into a hub of young workers ...
*17 US jobless claims hit 44-1/2-year low; mid-Atlantic factories humming
Reuters 10/19/17 12:41 pm
WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits dropped to its lowest level in more than 44-1/2 years last week, pointing to a rebound in job growth after a hurricane-related decline in employment in September.
*18 United CEO says 'we have dug ourselves in a hole,' sparking sell-off
CNBC 10/19/17 12:32 pm
Shares of United Continental Holdings were trading 11 percent lower on Thursday afternoon, following a tense earnings call, in which CEO Oscar Munoz said the airline "dug itself in a hole" in regard to competition. The airline beat analysts' earnings ...
*19 China's central bank warns of 'Minsky moment' as economy powers ahead
The Hindu 10/19/17 12:22 pm
While rating agencies estimate the overall debt burden at almost three times economic output, data shows banks' loans in September exceeded expectations. | Photo Credit: REUTERS. Reuters. BEIJING, October 19, 2017 21:52 IST. Updated: October 19 ...
*20 Trump's pick for a top consumer watchdog once represented Microsoft and MasterCard
Washington Post 10/19/17 11:38 am
The White House said Thursday that President Trump intends to nominate Joseph Simons, a longtime expert in competition law, to head the Federal Trade Commission, America's top privacy and consumer protection agency. The announcement ends months ...
*21 After 55 Years, Target Will Finally Open A Store In Vermont
NPR 10/19/17 9:48 am
Target has come close to opening a store in Vermont in the past. In one year, it will finally make that happen, operating in all 50 states. Justin Sullivan/Getty Images hide caption. toggle caption. Justin Sullivan/Getty Images. Target has come close ...
*22 Ferrero Looks to Ferrara to Sweeten Its US Product Mix
Wall Street Journal 10/19/17 9:09 am
Global chocolate giant Ferrero International SA has agreed to buy Lemonhead and RedHots maker Ferrara Candy Co., as the Italian company plans to gobble up another U.S. sweets producer at a time when consolidation is heating up in the sector. Ferrero ...
*23 Nissan is suspending production of all cars for the Japanese market
Business Insider 10/19/17 8:59 am
TOKYO, Oct 19 - Nissan Motor Co Ltd is suspending domestic production of vehicles for the Japanese market for at least two weeks to address misconduct in its inspection procedures that led to a major recall, it said on Thursday. Japan's second-largest ...
*24 Your Daily Pharma Scoop: Gilead's Brave New World, AZN's Lynparza SNDA, RXDX Entrectinib Shows Positive Results
Seeking Alpha 10/19/17 7:38 am
This abridged “Daily Scoop” is published by Avisol Capital Partners, which runs the physician-managed Total Pharma Tracker healthcare investment research service on Seeking Alpha Marketplace. Analysis of top Seeking Alpha coverage: Gilead's CART ...
*25 ICO Pioneer Tezos Imperiled By Backroom Power Struggle
PYMNTS.com 10/19/17 7:00 am
Over the summer, a small tech startup named Tezos managed to bring in $232 million online in a wildly successful “initial coin offering.” But, as summer has given way to fall, it seems a backroom brawl over control of the company may be at risk of ...


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