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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Posts by Ben Norman

Business

Roku enters streaming industry Roku announced on Wednesday that their free streaming service, which is run through ads, is available on computers and mobile...

Business

Has MoviePass finally found the solution? MoviePass, the subscription-based movie ticket service has changed its offerings once again, and it thinks that it has...

Business

All about the paper The only US producer of paper straws, Aardvark Straws, was acquired by manufacturer Hoffmaster Group on Monday. As cities and...

Politics

Huawei, ZTE face more backlash The Democratic National Committee told Democrats not to use technology from Chinese-based smartphone manufacturers Huawei or ZTE. The DNC...

Finance

Are the “Blackfish” problems over? After SeaWorld’s earnings report on Monday, the aquatic entertainment park/zoo saw its shares rise over 15 percent. Visitors to...

Business

Self-driving carts Walmart announced on Friday that it will test automated carts in order to speed up online grocery orders. The supermarket giant revealed...

Business

King of telecom T-Mobile announced on Wednesday that it has more users than any other carrier for the 18th straight quarter. The telecommunications company reported...

Finance

That’s a lot of zeroes On Thursday, Apple officially became the first American public company to reach $1 trillion in value. Their stock rose...

Business

Bankrupt Brookstone Technology and furniture retailer Brookstone announced on Thursday that it will file for Chapter 11 bankruptcy. The company reported that it will...

Business

Do you take Visa? Supermarket chain Kroger announced that it may ban Visa cards from its store because of the fees the credit card...

Business

Amazon continues to dominate Amazon exceeded investors’ expectations in the second quarter, causing their stock to jump almost four percent on Thursday. In fact,...

Business

Qual-lateral damage Qualcomm announced in October 2016 that it would acquire NXP for $47 billion. However, the country still awaits China’s approval of the...

Business

Tariffs hit GM General Motors (GM) reported on Wednesday that they will post fewer earnings than they originally anticipated. The forecasted drop stems from...

Finance

Facebook face-palm Before Facebook’s announcement late Wednesday, their stock was doing well. It rose just under one percent to give the company a new...

Business

Waymart? Walmart revealed Wednesday that their location in Chandler, Arizona will feature self-driving cars that lead customers to and from the store. When customers...

Business

Fast food…to prepare? Chick-fil-A announced on Monday that it will test meal kits through mid-November. Kit options will include chicken flatbread, chicken parmesan, and...

Business

Nike says “Just Do It” to wage increases Nike announced on Monday that it will increase the wages for roughly 7,000 employees. Spokeswoman Sandra...

Finance

The stock market is currently thriving The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all closed at brilliant levels on Friday. The...

Business

Gawker gossip Bryan Goldberg, the owner of Elite Daily, Bustle, and more, won the auction for Gawker.com on Thursday, with the final purchase price...

Business

Are eSports real sports? ESPN signed a deal this week with video-game company Activision Blizzard. The deal gives ESPN the TV rights to popular...

Finance

Can ZTE bounce back? China tech-firm ZTE saw its stock rise 25% on Thursday following a government announcement that the US ban will soon...

Finance

Broadcom not blowing away investors Semiconductor manufacturer Broadcom announced its acquisition of software firm CA Technologies for $19 billion. The deal will expand the...

Economy

Untouchable pharma manufacturers Pfizer agreed to halt the increase of its drug prices after President Trump talked with its executives, but that doesn’t mean...

Business

JetBlue takes flight with A220 purchases JetBlue announced on Tuesday that it will buy sixty of Airbus’s new A220 model, manufactured in Mobile, Alabama....

Finance

Sky’s the limit for Fox 21st Century Fox announced on Wednesday that it has upped its bid for UK broadcaster Sky to $32.5 billion (£24.5...

Business

Lyft expands portfolio with bikes Lyft announced on Monday that it will acquire bike-sharing giant Motivate for an undisclosed amount. Motivate is the parent...

Finance

Sonos shows reluctance in anticipation of IPO On Friday, smart-speaker manufacturer Sonos filed paperwork for its IPO, which is anticipated to raise $100 million....

Business

Boeing and Embraer diversify, gain an edge on competitors Boeing and Brazil-based jet manufacturer Embraer announced on Thursday that they are partnering in a...

Politics

Opioid death crisis linked to OxyContin? The state of Minnesota is suing pharmaceutical manufacturer Purdue Pharma for its marketing of narcotic OxyContin. Attorney General...

Business

Australia follows plastic ban trend Specific retail chains and Australian chains have announced that they will ban single-use plastic bags starting July 1. Queensland...

Business

The Justice Department approved Disney’s bid for Fox on Wednesday. Although the deal is not finalized yet, this is a big step for the...

Finance

Trade war traumatizes traders The recent tariffs have certainly lowered investor confidence, but the recent ambiguity over a potential block on China’s investments in...

Business

AT&T acquires another company On Monday, AT&T announced that it will purchase programmatic advertising firm AppNexus for somewhere between $1.6 and $2 billion. AppNexus...

Business

AT&T hopes to combat Netflix AT&T announced on Thursday that they have created their own streaming service, WatchTV, through which consumers can stream CNN,...

Economy

OPEC meeting filled with ambiguity OPEC nations met on Friday and agreed to increase crude oil production. Head of OPEC Suhail Mohammed Faraj Al...

Finance

Disney raises the stakes The media-giant recently increased their bid to acquire 20th Century Fox, giving them the edge over Comcast to acquire the media...

Finance

GE faces the end of an era On Tuesday, the S&P Dow announced that Walgreens Boots Alliance will replace General Electric in the Dow...

Business

Does anyone trust Huawei? Following cybersecurity concerns, Chinese smartphone manufacturer Huawei is seeking to regain the trust of the Australian government. Australia’s government officials...

Technology

No rain dance necessary US company Weather Modification International has capabilities of making it rain in certain areas. They use a technique called cloud-seeding,...

Business

Apple trying desperately to catch up to Netflix and Amazon Apple announced Friday that Oprah Winfrey has signed a multiyear deal to create original...

Finance

Royal just became more luxurious On Thursday, Royal Caribbean Cruises announced its purchase of privately-owned Silversea Cruises. The deal is worth roughly $2 billion...

Business

Philanthropic pizza paving potholes In an attempt to help the fate of their customers’ pizza and the face of their company’s brand, Domino’s will...

Finance

AT&T-Warner trumps lawsuit On Tuesday, Judge Richard Leon approved AT&T’s acquisition of Time Warner Cable – a deal worth $85 billion, one of the...

Technology

When will cryptocurrencies be regulated? Korea-based cryptocurrency exchange firm Coinrail got hacked on Sunday, losing $40 million in altcoins – coins that aren’t Bitcoin...

Technology

International House of Burgers Last week, breakfast chain IHOP (International House of Pancakes) rolled out a bizarre yet effective marketing campaign where they changed...

Economy

Controversial tariffs not making waves yet The Commerce Department announced on Wednesday that the trade deficit dropped 2.1% in April, making the month’s deficit...

Economy

Let the trade war begin Following President Trump’s imposed tariffs on international aluminum and steel, the US neighbor is firing back with their own...

Finance

Don’t sleep on Twitter Five years after its initial public offering, Twitter will join the S&P 500. Twitter will replace Monsanto as the latest...

Technology

iOS 12 is revealed In the 2018 World Wide Development Conference, CEO Tim Cook announced the latest and greatest upcoming developments to Apple’s iPhone,...

Finance

Microsoft-GitHub acquisition quid pro quo Microsoft will acquire software development platform GitHub. Originally, they considered a joint marketing campaign worth just $35 million, but...

Business

Make way for an Amazon-Aussie standoff Starting on July 1st, Australian consumers will face more restrictions from e-commerce giant Amazon. Consumers in Australia will...

Business

Samsonite has some new baggage Luggage manufacturer Samsonite lost its CEO Ramesh Tainwala on Friday. The announcement came after short-seller Blue Orca Capital accused...

Politics

Italy potentially faces turmoil On Wednesday, Italy sold €5.6 billion ($6.5 billion) of debt. The breakdown looked like this: €1.75 billion of five-year bonds,...

Politics

Canada creates controversy with their pipeline purchase Canadian Prime Minister Justin Trudeau announced the country will buy a 715-foot oil pipeline for 4.5 billion...

Business

Can MoviePass survive? MoviePass, the monthly movie ticket-subscription service, will start its own film distribution branch called MoviePass Ventures this year. This announcement occurred...

Finance

SoulCycle will stay privately-owned The indoor cycling company will suspend its IPO for now “due to market conditions.” The firm filed paperwork with the...

Finance

Foot Locker is on the up-and-up, but will it be long-term? The apparel and shoe store saw its shares boost on Friday, after exceeding...

Politics

Congress reaches bipartisan agreement on bank regulations On Thursday, President Trump rolled back regulations on small- and mid-size banks. The Obama administration signed the...

Business

Mattel, Hasbro, and others must make changes in a changing industry With the fall of Toys “R” Us, toy manufacturers are seeing their profits...

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