Spotify in talks to acquire podcast company Gimlet Media for over $200 million
Spotify is in talks to acquire the podcasting giant Gimlet Media for more than $200 million in cash, according to reports by Recode and...
US economy added 304,000 jobs in January, beating expectations
The US economy added 304,000 non-farm payrolls in January, beating expectations of 165,000.
December’s gains were revised down to 222,000 from 312,000, while November's...
AT&T lost 403,000 satellite TV subscribers in Q4
AT&T Inc. reported quarterly earnings for the three months ending in December of 86 cents per share on revenue of $9.23 billion - largely...
PG&E files for Chapter 11 bankruptcy after California wildfires
The Pacific Gas and Electric Company (PG&E) submitted a Chapter 11 bankruptcy filing in the Northern District of California on Tuesday.
The power provider has...
US federal government shutdown cost the economy $11 billion, CBO estimates
The five-week US federal government shutdown cost the economy $11 billion, according to a new analysis from the nonpartisan Congressional Budget Office (CBO).
The CBO...
Tesco reportedly plans on cutting up to 15,000 jobs in £1.5 billion cost-saving initiative
British retail giant Tesco could cut 15,000 jobs and close some fresh food counters and bakeries as part of a £1.5 billion cost-saving initiative,...
Credit card websites use the hardest English to understand
Personal finance websites use hard-to-understand English, but credit card websites are the worst culprits. This is what researchers from the University of East Anglia...
Goldman Sachs CEO says “difficult” Brexit will affect bank’s UK investment
The CEO of Goldman Sachs said that a “difficult” Brexit will have a negative impact on the bank’s investment in Britain.
Speaking to the...
Whole Foods recalls baby spinach products over possible Salmonella outbreak
Whole Foods Market is recalling prepared food products containing baby spinach across 8 states in the US because of a potential contamination of Salmonella.
The...
Intel disappoints investors with Q4 revenue and weak outlook for Q1
Intel reported lower than expected revenue and earnings for the fourth quarter and its outlook for the first quarter of 2019 fell short of...