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One of Amazon's biggest bulls explains four risks that could cause the 'demise' of the company Wall Street loves Amazon, and investors have bumped its stock up another 20% this year. But one of its most bullish analysts warns there are several looming risk factors facing the company now. D.A. Davidson's Tom Forte, who has one of the highest target ...
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Angry Facebook Shareholders Fail to Dislodge Mark Zuckerberg as Chairman Facebook CEO Mark Zuckerberg will remain as chairman after a shareholder vote to curtail his power failed. The proposal, voted down at Facebook's annual shareholder meeting on Thursday by an undisclosed margin, required that Facebook appoint an ...
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Who's really losing out in the tariff war As the saber rattling continues between Washington and Beijing, some sectors of the American economy have been hit harder than others. But with the threat of additional tariffs on $325 billion of Chinese imports, a wider swath of industries in the U.S. will ...
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Palo Alto Networks stock drops as cloud-transition pain concerns analysts Palo Alto Networks Inc. shares fell Thursday after several analysts cut their price targets while citing the cybersecurity company's transition to annual cloud-based subscriptions, which is expected to distort billings and curb its cash flow. Palo Alto Networks ...
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Beer by the numbers: Craft beer jobs grow while big beer stalls, new study finds Bottles of Kona Longboard Lager beer slide down from the filler at Craft Brew Alliance Inc.'s packaging area at its North Portland brewery. A report released in May 2019 says the U.S. beer industry contributed $328.4 billion to the U.S. economy last year. 0.
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Red Robin closes 10 underperforming restaurants Red Robin Gourmet Burgers Inc. is closing 10 underperforming restaurants as it works on a turnaround at the casual-dining brand, the interim CEO said Thursday. The Greenwood Village, Colo.-based burger brand said same-store sales for the first quarter ...
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Take a rare look inside the Amazon fulfillment center in Kannapolis When opening a package from Amazon, you might not think about the intricate process involved in getting that package into your hands. But the company provided a rare behind-the-scenes tour Thursday of its 1-million-square-foot fulfillment center in ...
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Leaks threaten safety — and success — of top US exporter This story was reported as part of a partnership between E&E News and the Center for Public Integrity. It was co-published by the Houston Chronicle. In just three years, a 1,000-acre complex surrounded by Louisiana swampland has become the unlikely ...
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Cryptocurrency Firms Renew Push to Break Free From SEC Rules Many cryptocurrency startups and investors are unhappy with the Securities and Exchange Commission's uncertain approach to the sector, saying the agency is killing innovation and driving companies from the US. Now the Canadian social media company ...
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Checkers warns of possible data breach Checkers Drive-In Restaurants Inc. notified customers Wednesday that data may have been breached at as many as 15% of its restaurants in 20 states, with some exposures possibly starting back into 2015 and others lasting until mid-April this year.
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Should You Plant or Take Prevented Plant Coverage? Many farmers deluged by spring rainfall face an agonizing choice of deciding whether to plant a crop or exercise prevented plant crop insurance coverage. Depending on where farmers live, that choice is quickly approaching. In southern Minnesota, for ...
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Seattle man installs fence around illegally-parked car sharing vehicle SEATTLE, Wash. -- A Seattle man is getting a lot of attention over the fence he installed to block in a car2go vehicle that's illegally parked in front of his duplex. Now, he said he wants the company to pay fees in order to get the car removed. "The whole thing ...
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Bay Area housing slump: Home sales drop, prices turn flat The Bay Area housing market turned noticeably sluggish during April, according to a new report released Thursday that sketched a picture of flat prices and tumbling sales. The median price in the Bay Area of a previously owned home remained unchanged ...
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James Packer sells almost half his stake in Crown Resorts for $1.76 billion James Packer has sold almost half his stake in Crown Resorts for $1.76 billion to a Macau-based entertainment company, far less than the $10 billion merger with a Las Vegas casino empire that was botched last month. Consolidated Press Holdings (CPH), ...
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Cincinnati Red Bike launches electric bicycles CINCINNATI, Ohio (FOX19) - Cincinnati Red Bikes are getting quite the boost! Red Bike officially introduced their new electric assist bikes (E-Bikes) into the fleet at a launch event on Thursday. So what makes these bikes stand out? There is a motor between ...
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Signal Names Lisa Weinstein New CEO To Seize Momentum In Data Onboarding The onboarding and identity data startup Signal said Thursday it has hired Lisa Weinstein, previously the CEO of Curiosity.com, as its new president and CEO. Weinstein is succeeding Mike Sands, a co-founder of the company, who will remain on the board ...
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Baltimore becomes GSP's 20th nonstop destination as Upstate SC air travel grows Greenville-Spartanburg International Airport is adding a 20th nonstop destination in 2019. Southwest will begin nonstop service to Baltimore on Nov. 3. Six major airlines currently operate out of GSP with nonstop flights available to 19 airports in 16 cities.
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People in Pain: Navigating Opioid Crisis Politics If you told me that I would get a barrage of angry emails and social media posts for writing The United States of Opioids: A Prescription for Liberating a Nation in Pain, I would not have believed you . Who could possibly have a problem with my trying to change ...
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Mice Regain Their Sense of Smell After New Stem Cell Therapy Smells, like the tangy scent of the ocean or the acrid odor of smoke, are powerful cues that shape our memories and warn us of imminent threats. But for approximately 12 percent of Americans over the age of 40, this crucial sense is significantly reduced or ...
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