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Monthly Archives: February 2019

Amazon held 11th hour meeting before pulling the plug on NYC HQ2: Rpts

Leonard Ortiz | Digital First Media | Getty Images Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration on Monday, November 12, 2018. Amazon held 11th hour meetings with New York and trade union officials before …

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NY state senator Michael Gianaris defends stopping Amazon deal

Andrew Lichtenstein | Corbis News | Getty Images New York’s city council holds its second hearing questioning the city and state’s deal that gave Amazon three billion dollars to move a second headquarters to Long Island City in Queens. City council members criticized Amazon for its anti-union policies and its …

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Credit Suisse downgrades General Dynamics: ‘Well behind defense peers’

Luke Sharrett | Bloomberg | Getty Images The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth River in Norfolk, Virginia, U.S., on Tuesday, Jan. 9, 2018. Credit Suisse downgraded General Dynamics shares to neutral from outperform on Friday, saying …

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Manchester City’s millionaire soccer stars set to face lowly Newport

Catherine Ivill/Getty Images Kevin De Bruyne of Manchester City celebrates during the Premier League match between West Ham United and Manchester City at London Stadium on April 29, 2018 in London, England. English Premier League leaders Manchester City has a squad valued at over $1 billion and is still on …

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US private equity founder reportedly detained in Russia

Bloomberg | Bloomberg | Getty Images Michael Calvey, co-managing partner of Baring Vostok Capital Partners, gestures during an interview at the company’s headquarters in Moscow, Russia, on Tuesday, April 4, 2011. A U.S. citizen and private equity founder has reportedly been arrested in Moscow on suspicion of embezzlement. According to …

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Goldman Sachs expects Brexit talks to go right down to the wire

ADRIAN DENNIS | AFP | Getty Images Britain’s Prime Minister Theresa May leaves from 10 Downing Street in London on January 29, 2019, to head to the House of Commons. Britain’s embattled Prime Minister Theresa May is running down the clock with Brexit talks, Goldman Sachs said on Friday. With …

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Facebook is negotiating with FTC to pay multibillion-dollar fine

Saul Loeb | AFP | Getty Images Facebook CEO and founder Mark Zuckerberg testifies during a US House Committee on Energy and Commerce hearing about Facebook on Capitol Hill in Washington, DC, April 11, 2018. Facebook and the Federal Trade Commission are reportedly negotiating what could be a multibillion-dollar fine …

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Travelers are paying more to fly to Mexico and the Caribbean this year

Philipp Laage | picture alliance | Getty Images An airplane flying just above beachgoers in Maho Beach as it approaches the landing strip in St. Maarten, 30 March 2016. Adios, polar vortex. Hola, Cancun. Travelers eager to ditch the below-freezing temperatures that paralyzed a large part of the U.S. last …

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New York will lose most of the 25,000 jobs promised by Amazon HQ2

Don Emmert | AFP | Getty Images A view of the waterfront of Long Island City in the Queens borough of New York, along the East River, on November 7, 2018. Most of the 25,000 jobs that were supposed to come to Amazon’s HQ2 in New York City will now …

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Ford CFO Shanks will retire, sources says

Jeff Kowalsky | Bloomberg | Getty Images Bob Shanks, chief financial officer of Ford Motor Co. Ford CFO Bob Shanks plans to retire in 2019, sources familiar with the matter told CNBC on Thursday. Breaking: $ FCFO Bob Shanks beginning process of planning retirement according to sources. Shanks is expected …

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