Verizon banks on 5G, abandons content

Verizon bets on 5G Verizon announced on Tuesday that it will abandon its pursuit of content and focus on expanding its 5G network. For a while, Verizon had tried to breach into the content market with other telecom giants like AT&T and Comcast. AT&T hopes that the acquisition of Time Warner gets approved after the […]
  • Ben Norman
  • July 25, 2018
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Accounting Methods Give Unreliable Stock Valuations

Bloomberg news reports that stock valuations of companies are lacking in accuracy. They take as an example, Autodesk Inc., a software company. On paper, their accounts look like they are in complete disarray. The company has been losing money for the past three years, and the book value of the company — a value which […]
  • Gabriel Slaughter
  • June 6, 2018
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Bidding war for Amazon’s second headquarters is underway, here’s who’s on top

The bidding war for Amazon’s second headquarters began on Monday, and several cities have already submitted their proposals. New Jersey has submitted a bid for their city of Newark, offering up what could potentially be the greatest financial incentive for Amazon—$7 billion in tax breaks. Just last month, Amazon announced a competition to source a […]
  • Kirsten Loose
  • October 18, 2017
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Nike losing teens in footrace with Adidas, analysts say

The investment bank and asset management firm Piper Jaffray released the findings of their latest biannual “Taking Stock with Teens” Survey, MarketWatch reports, and apparently, Nike is losing touch with teenagers. Instead, the demographic seems to be spending more with Adidas and Amazon. Before you throw out your swoosh-covered sweats and socks, Nike (NKE) still […]
  • Kirsten Loose
  • October 12, 2017
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Markets lurch as Trump talks and NEC director Gary Cohn considers leaving

The euro has been weakened against the dollar since the release of the minutes of the European Central Bank’s last meeting. But the dollar is having its own problems. The dollar has fallen since the Federal Reserve released the minutes of its last meeting in July, during which policymakers expressed concern about weak U.S. dollar inflation. The recent attack […]
  • Ashley Leader
  • August 18, 2017
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Unemployment Claims Drop to Eight-Year Low

According to a report from Bloomberg, over the past month, the number of Americans filing for unemployment benefits has declined, reaching an all-time low in eight years. This trend may indicate that the job market is picking up speed as demand is increasing. This could in turn increase wages and catalyze consumer spending. A report […]
  • Jana Ruthberg
  • August 1, 2014
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