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Friday, Aug 18

22

Target Ends Relationship With Troubled Startup Hampton Creek

Bloomberg / News

Target Corp. will no longer sell products made by food startup Hampton Creek Inc. after an internal review, the latest major blow to the beleaguered maker of Just Mayo eggless mayonnaise and other plant-based foods. The retail giant…

20

Wal-Mart Applies for Patent for Blimp-Style Floating Warehouse

Bloomberg

Wal-Mart Stores Inc. has opened a new front in its battle with Amazon.com Inc. The world’s largest retailer has applied for a U.S. patent for a floating warehouse that could make deliveries via drones, which would bring products from the…

17

Andy Rubin Explains Why the World Needs Another Smartphone ...

Bloomberg / Technology

During a recent outing to a fancy restaurant, Andy Rubin spotted an all-too-familiar tableau: a couple on what seemed to be a first date taking pictures of ...

16

Tesla’s Priced-for-Perfection Bonds Fall Within Week of Sale

Bloomberg

Tesla Inc. bonds slid a week after they were sold, as excitement over Elon Musk’s ambitious rollout of the Model 3 was tempered amid geopolitical tensions and second thoughts among investors about how little they’re getting paid. The…

13

Infosys Says Vishal Sikka Resigns as CEO, Becomes Vice ...

Bloomberg / Technology

Infosys Ltd.’s Vishal Sikka has resigned as chief executive officer, a major loss for a company dealing with heightened acrimony between the board and a ...

As Investors Boo CEO Exit, What Next for Infosys?: QuickTake Q&A

Bloomberg / Technology

Infosys Ltd. could do with some support. A spat between the board of the Indian computer services giant and its founders -- led by ex-chairman NR Narayana Murthy -- prompted Vishal Sikka to resign as chief executive officer. It's the…

HNA Schedules Long-Awaited Vote on $1 Billion CWT Deal

Bloomberg / Technology

HNA Group Co. has set a date for a long-awaited shareholder vote on its proposed $1 billion takeover of Singapore logistics operator CWT Ltd., people with knowledge of the matter said, in a sign that the beleaguered Chinese conglomerate is…

12

Hollywood, Apple Said to Mull Rental Plan, Defying Theaters

Bloomberg / Technology

Movie studios are considering whether to ignore the objections of cinema chains and forge ahead with a plan to offer digital rentals of films mere weeks after they appear in theaters, according to people familiar with the matter. Some of…

Apple’s iPhone Gives Little-Known Suppliers a Long-Awaited Payday

Bloomberg / Technology

It was the late 1990s, and entrepreneurs Steven Abramson and Sidney Rosenblatt were pitching an electronics giant on their new flat-screen technology. It didn’t go well. The product was unproven, and, given that the startup had a pittance…

10

How a Harley-Riding Ex-Ally of Villains Is Leading a Nuke ...

Bloomberg / News

Lawyer Kawai’s biggest case is $171 billion suit against Tepco Anti-nuclear activist says he helped “villains” in the past In the basement of a three ...

08

Infosys Falls the Most in 10 Months After CEO Sikka Quits: Chart

Bloomberg / News

Shares of Infosys Ltd. fell as much as 7.6 percent, the most since November 2016 on an intraday basis, after it said Vishal Sikka has resigned as chief executive officer and will become the company's executive vice chairman. Sikka cited a…

06

Lenovo Posts Surprise Loss as PC Sales Crater, Costs Climb

Bloomberg / Technology

Lenovo Group Ltd. posted a surprise quarterly loss after losing its grip on the global personal computer market, while its smartphone unit continues to bleed money. China's largest PC maker reported a net loss of $72 million in the three…

Thursday, Aug 17

20

BMW Abandons Boring With Stylish Shark-Nose Roadster

Bloomberg / Technology

BMW AG is adding stylish flourishes such as a shark-nose front end to its trademark roadster, part of a broader design overhaul aimed at regaining pizazz and hitting back at Mercedes-Benz. A prototype of the BMW Z4 two-seater, presented at…

18

Uber Wins Ruling in Bid to Keep Price-Fix Suit Out of Court

Bloomberg / Technology

Uber Technologies Inc. may be able to force a feud over price-fixing claims with a Connecticut customer into private arbitration, a New York appeals panel ruled Thursday in a victory for the company's efforts to settle disputes out of…

13

Trump's Bruising Tweet Highlights Amazon's Lingering Tax Fight

Bloomberg / Technology

Amazon is causing 'great damage to tax paying retailers,' President Donald Trump said in a Twitter post Wednesday, causing shares in the online retailer to fall. Bloomberg's Cory Johnson has more on 'Bloomberg Markets.' (Source: Bloomberg).

Ackman Ramps Up Pressure on ADP as He Makes Case to ...

www.bloomberg.com

Investors are about to get their first look at Bill Ackman’s plans for improving the performance of Automatic Data Processing Inc., which the activist ...

Love of Stocks Returns for Poles as IPOs Spur Retail ...

Bloomberg / Technology

Share of individual investors in stock trading at 5-year high Warsaw market’s alluring gains outshine bank deposit returns After going missing for years ...

12

Facebook, Airbnb Go on Offense Against Nazis After Violence

Bloomberg / Politics

When white supremacists plan rallies like the one a few days ago in Charlottesville, Virginia, they often organize their events on Facebook, pay for supplies with PayPal, book their lodging with Airbnb and ride with Uber. Technology…

10

Dyson’s Aston Martin Hire Fuels Speculation on Electric ...

www.bloomberg.com

Home appliances maker Dyson Ltd. has recruited its second Aston Martin Lagonda Ltd. executive in a year, making it the latest hire to fuel speculation that ...

09

An Eclipse Is Just What the U.S. Power Sector’s Been Waiting For

Bloomberg / News

Turns out the solar eclipse, set to plunge parts of the U.S. into total darkness on Monday, will offer exactly what the power sector’s been looking for: a completely predictable stage for experiments. It’s not often that power grid…

06

Uber Hires Ex-Goldman Banker to Fire Up Its Asian Business

Bloomberg / Technology

Uber Technologies Inc. is hiring Goldman Sachs Group Inc.’s former chairman for Southeast Asia to lead the development of its business from Japan to ...

05

Tencent Shares Jump After Posting Record Quarterly Sales ...

Bloomberg / Technology

Tencent Holdings Ltd. shares jumped the most in a year after the Chinese Internet giant posted record profits on its fastest sales growth in 7 years. The ...

Wednesday, Aug 16

00

SoftBank Ex-President Says Uber's Incoming CEO Must Fix Culture

Bloomberg / Technology

Uber Technologies Inc.’s next chief executive officer will first need to tackle the ride-hailing giant’s chaotic corporate culture, according to Nikesh Arora, former president of SoftBank Group Corp. Arora, who was at Softbank until…

Trump Advisory Forum Could No Longer Serve Purpose, IBM CEO Says

www.bloomberg.com

IBM Chief Executive Officer Ginni Rometty, who had been a member of U.S. President Donald Trump's strategy and policy advisory group, said the panel was dissolved Wednesday after members determined that it could “no longer serve the…

23

Fed Minutes May Show Battle Lines Hardening Over Soft ...

Bloomberg

Federal Reserve watchers may get a better feel Wednesday for how many policy makers remain resolved to raise interest rates again this year, and how many ...

19

Protests At Google Offices Over Worker's Firing Are Canceled

www.bloomberg.com

Pittsburgh (AP) -- Protests planned at Google offices around the country over the firing of an employee who questioned company diversity efforts have been postponed. A statement Wednesday on the "March on Google" website said Saturday's…

Apple Plans to Invest $1 Billion in Original TV Shows and Films

Bloomberg

Apple Inc. plans to spend about $1 billion on original programming in the next 12 months, intensifying efforts to compete with Amazon.com Inc. and Netflix Inc. in video streaming, according to people familiar with the plan. A new Los…

18

AMC Cinemas Weighs Blocking $10-a-Month MoviePass Deal

Bloomberg

AMC Entertainment Holdings Inc., the world’s largest theater chain, is weighing legal action against MoviePass over its low-cost cinema subscription ...

17

Trump Says Amazon Does ‘Great Damage’ to Retailers

Bloomberg / Technology

U.S. President Donald Trump once again unloaded on Amazon.com Inc., tweeting that the company is hurting other retailers and implying that it’s killing industry jobs across the U.S. Amazon is causing "great damage to tax paying retailers,"…

13

Shutterstock Looks to Canada for Original Video and Music Push

Bloomberg / Technology

Shutterstock Inc. is turning to Canada to help reinvent itself. The New York-based company, which rose to prominence last decade by amassing a vault of stock photos just as advertising on Facebook, Google and Instagram exploded, is moving…