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Monthly Archives: June 2018

Dropbox jumped 32 percent this week; Zuora and DocuSign rallied too

Victor J. Blue | Bloomberg | Getty Images Drew Houston, chief executive officer and co-founder of Dropbox Inc., left, and Arash Ferdowsi, co-founder of Dropbox Inc., applaud during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Friday, March 23, 2018. Dropbox shares soared …

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Time Warner is changing its name to WarnerMedia; Turner CEO to depart

Patrick T. Fallon | Bloomberg | Getty Images Randall Stephenson, CEO, AT&T Time Warner is changing its name to WarnerMedia now that its $85 billion deal with AT&T has closed, and Turner CEO John Martin is departing the company, according to an internal memo from an AT&T executive. The memo, …

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Comcast and Disney should split Fox but probably won’t

Getty Images Robert Iger, chairman and chief executive officer of Walt Disney Co. and Brian Roberts, Comcast chairman and CEO. The irony of the Comcast-Disney battle to buy the majority of 21st Century Fox is that CEOs Brian Roberts and Bob Iger could both walk away happy. All they’d have …

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Wynn Resorts and other US companies that could get hit in a US-China trade war

The U.S.-China trade dispute escalated Friday with the Trump administration announcing tariffs on $34 billion worth of Chinese goods that will take effect July 6. Beijing quickly responded with its own list of U.S. goods worth about the same amount that will also be subject to tariffs on July 6. …

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General Motors considering listing shares of Cruise self-driving unit: Report

Elijah Nouvelage | Reuters A woman gets in a self-driving Chevy Bolt EV car during a media event by Cruise, GM’s autonomous car unit, in San Francisco, California, U.S. November 28, 2017. General Motors is considering listing shares of its Cruise autonomous driving technology unit, according to a report from …

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Chinese stocks tumble amid trade fight, ETF falls for seven straight days

VCG | VCG | Getty Images An investor obverses the screen at an exchange hall on the first day of Shenzhen-Hong Kong Stock Connect on December 5, 2016 in Nanjing, Jiangsu Province of China. The iShares China Large-Cap ETF (FXI) fell more than 1.5 percent in midday Friday trading, tracking …

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Walgreens to move 1,800 jobs into new Chicago office

Raymond Boyd | Getty Images Old Post Office Building in Chicago, Illinois. Walgreens will move about 1,800 jobs into a new Chicago office. The company plans to open a 200,000-square foot space in Chicago’s Old Post Office building in the fall of 2019. Walgreens expects about 1,300 employees will relocate …

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iOS 12 notifications becoming less annoying

Justin Sullivan | Getty Images Apple CEO Tim Cook speaks during the 2018 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 4, 2018 in San Jose, California. New software that Apple will launch for the iPhone and iPad in the coming months will make managing …

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European Commission clears Comcast bid for Sky

Scott Eells | Bloomberg | Getty Images Brian Roberts, chairman and chief executive officer of Comcast Corp. Comcast said Friday that the European Commission has cleared its bid for Britain’s Sky. The cable company submitted a 22 billion pound ($30.7 billion) bid for Sky in April, prompting the Europeanpay TVgroup …

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White House legislative affairs director Marc Short told staff he will leave administration

Getty Images White House Director of Legislative Affairs Marc Short speaks to members of the media as he leaves a Republican conference meeting June 7, 2018 on Capitol in Washington, DC. House GOPers gathered to discuss immigration. White House legislative affairs director Marc Short has told colleagues he plans to …

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