In today’s Minutes: Comcast will drop out of the bidding war for Fox, instead focusing on SkyTV, Wells Fargo will reimburse clients for products they didn’t want or need, and Tilray is the first ever cannabis producer to IPO. Plus, if unemployment is so low, why aren’t wages increasing?
In today’s Minutes: the EU hands down a $5.1B fine to Google for its business practices in the mobile phone market, Facebook will begin policing fake news that promotes violence, and Prime Day boosts non-Amazon retailers too. Plus, we take you “Behind Closed Mahogany Doors.”
In today’s Minutes: Netflix collected more Emmy nominations than HBO, the US lifts its ban on ZTE after the company paid its fine in full, and US banks begin a barrage of Q2 reporting. Plus, it's time to start looking more closely at your phone bill.
In today’s Minutes: John Schnatter steps down as chairman of Papa John’s after dropping a racial slur, the US Department of Justice is appealing a court decision allowing the AT&T-Time Warner deal to proceed, and Johnson & Johnson settles ovarian cancer suit. Plus, tread carefully on Venmo.
In today’s Minutes: Broadcom will acquire CA Technologies for just under $19B, ESPN and ABC will air Overwatch in primetime, and Dunkin Donuts is getting a new CEO. Plus, Papa John teaches us how to not act on a conference call.
In today’s Minutes: Tesla announces plans for a massive new factory in Shanghai, MediaMath raises $225M and attains unicorn status, and Postmates will expand to 100 new cities. Plus, we tackle how not to quit your job and lifestyle creep.
In today’s Minutes: Uber will partner with Lime in a $335M deal, Starbucks plans to phase out all single use straws by 2020, and 21M Timehop users were hacked. Plus, there are only 3 times when an emoji is acceptable in work email and why are today’s billionaires so damn boring?
In today’s Minutes: Sonos has files for an IPO, Gemini, the Winklevoss twins’ crypto exchange hires the NYSE CIO, and Russia plans to impose retaliatory tariffs on US. Plus, robots are coming for your white collar job and the products Americans associate with high income.
In today’s Minutes: Juul raises $1.2B to make vaping cool again, Elon Musk and Tesla hit their goal of producing 5k Model 3’s in one week, and Canada strikes back against US with $13B in tariffs. Plus, the case for bringing back the AIM away message.
In today’s Minutes: Amazon will acquire online pharmacy company PillPack as it finally breaks into the Healthcare sector, Deutsche Bank failed a Stress Test performed by the Federal Reserve, and Investing Savant Ray Dalio announced he will be stepping back and reducing his role in managing Bridgewater Associates. Plus, we have an expert reading list for vacation!
In today’s Minutes: Conagra Brands will acquire Pinnacle Foods for $8.1B, Lyft’s valuation reaches $15B after raising $600M, and Peloton acquires music startup Neurotic Media. Plus, we try to kick our iPhone habit.
In today’s Minutes: WWE inks a new TV deal with USA Networks and Fox Sports, Sequoia Capital has raised $6B of the $8B it is looking to secure for its latest fund and the city of London will grant Uber a 15-month license. Plus, we say goodbye to GE.
In today’s Minutes: Harley Davidson plans to combat tariffs by moving production abroad, AT&T plans to acquire AppNexus for $1.6B and Andreessen Horowitz will launch a crypto fund. Plus, inside Amazon’s plan to allow poor performers to literally beg for their jobs.
In today’s Minutes: OPEC will increase oil output by about 1M barrels per day to bring prices down and Donald Trump is proposing additional tariffs on European car imports. Plus, we’ve got a look at the week ahead in business, economic, and markets news.
In today’s Minutes: The supreme court ruled in favor of states to collect sales tax on internet sales within their jurisdictions, AT&T announced a limited TV service, and Food delivery company Swiggy received a $465M funding round, putting it over a $1B valuation. You asked for it, and we keep bringing you more personal finance tips!
In today’s Minutes: JP Morgan, Amazon, and Berkshire Hathaway appointed a CEO to run its healthcare venture, Instagram rolled out Long-form video to its 1 billion followers, and Fox finally chose Disney as its suitor to the acquisition ball. Plus, we’re dipping our toes in bringing you the latest in personal finance.
In today’s Minutes: Bain Capital acquires Varsity Brands in a deal worth $2.5B, mobile providers are pulling the plug on data brokers, and Walgreens will be replacing GE in the Dow Jones Industrial Average. Plus, we’re dipping our toes in bringing you the latest in personal finance.
In today’s Minutes: SurveyMonkey has confidentially filed for an IPO, Google plans to invest $550M in JD.com to combat Amazon, and Square got the greenlight to allow crypto trading in-app. Plus, Elon Musk’s latest email to Tesla employees might be cause for concern.
In today’s Minutes: AT&T will rename Time Warner as WarnerMedia, Apple and Oprah plan to collaborate on Apple’s new streaming service, and Elizabeth Holmes is indicted on wire fraud charges. Plus, Moelis is not happy with bankers latest Excel hack.
In today’s Minutes: Etsy’s stock soars on news that it will increase fees, the SEC announces that it will not categorize Ether as a security, and the World Cup is costing Russia about $11B. Plus, bankers spend a lot of time trying to predict who will win the World Cup.
In today’s Minutes: AT&T-Time Warner deal gets greenlight, Nintendo announces Super Smash Bros. and Fortnite at E3, and Tesla plans to cut jobs amid Model 3 delivery delays. Plus, Google is planning to change the college search game.
Today’s daily brief includes bitcoin’s latest plummet, the confectioner, Mars, will buy a vet operator for over $2B, and Domino’s Pizza ventures into construction. Plus, how to deal with stress and anxiety at work.
Today’s daily brief includes Hans Vestberg taking over as Verizon CEO, the G7 wrapped up but not without major drama, and US authorities will allow a Chinese conglomerate to take over Genworth Financial. Plus, tech bros finally get what's coming to them for using first-name-only email addresses.
Today’s daily brief includes McDonald's plans to cut layers of management as part of a $500M cost cutting initiative, Amazon won the right to stream 20 EPL games, and ZTE will settle with the US government for $1B. Plus the team shares their favorite TED talks. Remember, work might suck, but you don’t have to.
Today’s daily brief includes the latest on Ritual’s $70M funding round, L Catterton’s investment in Jessica Alba’s Honest Co., and the resignation of Athenahealth’s CEO amid sexual harassment allegations. Plus we contemplate if an MBA is worth it. Remember, work might suck, but you don’t have to.
Today’s daily brief includes the latest on the UK taking another massive loss on the sale of its stake in RBS, Major League Baseball plans to purchase the maker of its official ball, and MyHeritage, a popular genealogy site, uncovers a data breach affecting 92M users. Plus we’ve got some tips on free courses from Udemy and a free book from Bill Gates. Remember, work might suck, but you don’t have to.
Today The Water Coolest covers Walmart taking a loss on the divestiture of its Brazilian assets, Howard Schultz will step down as Executive Chairman of Starbucks and Microsoft finally buys GitHub. Plus full coverage of Apple’s WWDC.
Today The Water Coolest covers the lowest unemployment rate in close to 18 years, Delaware plans to become the first state to legalize single-game sports gambling and Facebook will kill its “trending” section amid fake news controversy. Plus some Monday Motivation from Eric ‘The Hip Hop Preacher’ Thomas and a look at the week in news ahead.