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Tuesday May 3rd 2016

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Business – Google News

Tampa Bay Times Purchases Main Competitor, the Tampa Tribune – ABC News


Florida Politics

Tampa Bay Times Purchases Main Competitor, the Tampa Tribune
ABC News
Florida's largest newspaper, The Tampa Bay Times, said Tuesday it has purchased its main competitor, the Tampa Tribune, ending a decades-long newspaper rivalry. Times chairman and CEO Paul Tash said he intends to create one financially secure, …
Tampa Bay Times buys and folds the Tampa TribunePoynter.org
Tampa Bay Times Buys The Tampa TribunePatch.com
Tampa Bay Times purchases the Tampa TribuneABC Action News

all 74 news articles »

Posted on 3 May 2016 | 7:26 pm

Verizon strikers take their fight to shareholders – CNNMoney


CNNMoney

Verizon strikers take their fight to shareholders
CNNMoney
The Communication Workers of America, who have been on strike since April 13, say they will want shareholders to vote to cap executive pay and shares. They also want to require that the board chair be an independent director. CWA spokeswoman Candice …
Union Complains to FCC That Verizon Is Pressuring Phone CustomersNew York Times
Union opening up $400M fund for Verizon workers as strike drags onSeeking Alpha
Verizon and Unions Hold the Line as Strike ContinuesBloomberg BNA
Channel Partners –Wireless Week –Glens Falls Post-Star –DSL Reports
all 33 news articles »

Posted on 3 May 2016 | 6:58 pm

UPDATE 1-Ford, Fiat Chrysler report higher April sales in Canada – Reuters


Car and Driver

UPDATE 1-Ford, Fiat Chrysler report higher April sales in Canada
Reuters
(Updates U.S. sales in last paragraph, adds sales for Subaru). MONTREAL May 3 Ford Motor Co and Fiat Chrysler Automobiles on Tuesday reported double-digit growth in Canadian auto sales in April, fueled by growing demand for trucks in a market …
Jeep, Ram propel FCA to 6% gain in AprilAutomotive News
Dodge Challenger Posts 4th Best Month as Trucks, Vans and SUVs BoomTorque News
Why Fiat Chrysler Is The Perfect Partner For Google On Autonomous CarsForbes
CNET –Bidness ETC –AppleInsider (press release) (blog) –Fox Business
all 107 news articles »

Posted on 3 May 2016 | 6:50 pm

Global stocks slide on global growth worries; US yields fall – Reuters


Reuters

Global stocks slide on global growth worries; US yields fall
Reuters
NEW YORK Stock markets worldwide fell on Tuesday after weak Chinese and British factory data rekindled fears of slowing global growth, sending benchmark Treasury yields to nearly two-week lows. Activity at China's factories shrank for the 14th straight …
Stocks Fall on Global Growth FearsWall Street Journal
Wall St. declines on growth fears, oil slideStreetInsider.com
Stocks fall as Dow drops more than 100 amid China-inspired growth fearsUSA TODAY
Kansas City Star –The Fiscal Times –Proactive Investors USA & Canada –Yahoo News
all 38 news articles »

Posted on 3 May 2016 | 6:22 pm

Stocks Under Pressure on Global Growth Woes – TheStreet.com


TheStreet.com

Stocks Under Pressure on Global Growth Woes
TheStreet.com
Stocks came off of lows by mid-afternoon Tuesday, though Wall Street remained under pressure on fears over the global economy. The S&P 500 was down 0.74%, the Dow Jones Industrial Average fell 0.62%, or 110 points, and the Nasdaq slid 0.75%.
Midday Update: Wall Street Undermined by New Signs of Stagnant Global GrowthNasdaq
Dow Jones Industrial Average Sells Off; China, Oil in FocusSchaeffers Research (blog)
US stocks open slightly higher ahead of key manufacturing dataMarketWatch
CBS News –New York Times –Dubuque Telegraph Herald –Barron’s (blog)
all 92 news articles »

Posted on 3 May 2016 | 5:46 pm

U.S. Auto Sales Push Records as Consumers Defy Global Slump – Bloomberg


Bloomberg

U.S. Auto Sales Push Records as Consumers Defy Global Slump
Bloomberg
The U.S. may be the lone bright spot in an otherwise sluggish global economy as American consumers continue to buy expensive new vehicles at record levels. With several automakers having reported U.S. sales, companies say the industry is on pace for …
Auto sales stay hot in April, with some brands having record monthThe Denver Post
US April auto sales on pace for monthly record; fear sales peakingReuters
Auto sales stay hot in April; Honda and Nissan break recordsLos Angeles Times
Automotive News –CBS News –MarketWatch –MLive.com
all 37 news articles »

Posted on 3 May 2016 | 5:44 pm

McDonald’s testing made-to-order garlic fries in San Francisco area – WCVB Boston


WCVB Boston

McDonald's testing made-to-order garlic fries in San Francisco area
WCVB Boston
The company says "Gilroy Garlic Fries" are tossed with a puree mix of garlic, olive oil, Parmesan cheese, parsley and salt. McDonald's says the fries are part of an experiment with regional flavors and food on its menu. The company says pending

and more »

Posted on 3 May 2016 | 5:34 pm

Archer Daniels Midland Results Hurt by Weak Exports – Wall Street Journal


Wall Street Journal

Archer Daniels Midland Results Hurt by Weak Exports
Wall Street Journal
The top executive at Archer Daniels Midland Co. on Tuesday said the weakening U.S. dollar should help domestic grain exports, though China could still add to a global glut of some key crops. ADM reported a 53% drop in quarterly profit after U.S
Archer Daniels Midland (ADM) Juan Ricardo Luciano on Q1 2016 Results – Earnings Call TranscriptSeeking Alpha
UPDATE 2-ADM trading desk suffers quarterly loss, earnings fallReuters
Archer-Daniels Midland Company (ADM) Earnings Report: Q1 2016 Conference Call TranscriptTheStreet.com
Chicago Tribune –World Grain –Zacks.com –MarketWatch
all 31 news articles »

Posted on 3 May 2016 | 5:30 pm

Ellen Pao, Tracy Chou and others pressure Silicon Valley on its diversity efforts – SiliconBeat


SiliconBeat

Ellen Pao, Tracy Chou and others pressure Silicon Valley on its diversity efforts
SiliconBeat
A group of eight notable women in tech, including Ellen Pao, the former CEO of Reddit, are trying to turn up the pressure on companies with their own roadmap for diversity. On Tuesday, the group, which includes Tracy Chou, a software engineer at

and more »

Posted on 3 May 2016 | 4:34 pm

Grubhub Incorporated (NYSE:GRUB) Sellers Increased By 3.97% Their Shorts – B.O.D.Y Confidential


Grubhub Incorporated (NYSE:GRUB) Sellers Increased By 3.97% Their Shorts
B.O.D.Y Confidential
The stock of Grubhub Incorporated (NYSE:GRUB) registered an increase of 3.97% in short interest. GRUB's total short interest was 23.01M shares in May as published by FINRA. Its up 3.97% from 22.13 million shares, reported previously. With 1.41 million …

and more »

Posted on 1 May 2016 | 3:31 pm

Business – Bing News

Leveraged Loans Return 1.99% In April, Rebounding Further From Ugly Start To 2016

U.S. leveraged loans returned 1.99% in April, a solid increase that builds upon the 2.76% return in March, according to LCD, an offering of S&P Global Market Intelligence. While March’s robust return singlehandedly erased the damage from January and …

Posted on 3 May 2016 | 12:40 pm

Manhattan’s Newest Condo Builder Speeds Up in Slowing Market

While a luxury-condo glut spurs some of New York’s biggest developers to re-evaluate their plans, a relative newcomer is plowing ahead with confidence. Michael Shvo, a former real estate broker who closed his eponymous firm during the financial crisis …

Posted on 3 May 2016 | 12:39 pm

11 companies’ profits burnt to a crisp

In this April 2, 2016 photograph, fire burns off dry grass at the Flames in the Flint Hills event at the Flying W Ranch near Cedar Point, Kan. (Photo: Chris Bronson, AP) Seeing profits go up in smoke by more than 5% in the first-quarter is enough of a burn …

Posted on 3 May 2016 | 12:36 pm

United States Aldehyde And Ketone Market Business Report 2016 – Research And Markets

Research and Markets has announced the addition of the “Aldehyde and Ketone Market in United States: Business Report 2016” report to their offering. (Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO ) The report presents analysis of aldehyde and …

Posted on 3 May 2016 | 12:33 pm

44% of Americans Say They Know Someone Addicted to Pain Killers

In a dramatic sign of the scope of the opioid crisis, a new survey on health shows that 44 percent of Americans personally know someone who has been addicted to prescription painkillers. About a quarter of those people say the person they know is an …

Posted on 3 May 2016 | 12:29 pm

Fairway Group files for bankruptcy protection

Grocery chain operator Fairway, which has lost money in every quarter since it went public in 2013, filed for Chapter 11 bankruptcy protection on Monday in a New York court. Fairway listed assets in the range of $100 million to $500 million, and …

Posted on 3 May 2016 | 12:26 pm

Weak Chinese manufacturing survey weighs on markets

NEW YORK (AP) — A weak Chinese manufacturing survey weighed on U.S. and European markets on Tuesday, renewing concerns that the world’s second-largest economy might be slowing down. KEEPING SCORE: The Dow Jones industrial average lost 193 points, or 1.1 …

Posted on 3 May 2016 | 12:26 pm

Biogen Is All In On Brains

Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider. The company’s intense pipeline focus on brain-disease drugs already gave it one …

Posted on 3 May 2016 | 12:23 pm

Delamaide: Banks, not Trump, worry Buffett

No one can be right all the time, including Warren Buffett. (Photo: Bill Pugliano, Getty Images) WASHINGTON – Warren Buffett, the legendary investor who has made millionaires out of many of his shareholders, isn’t worried that Donald Trump may become …

Posted on 3 May 2016 | 12:22 pm

Rev. Samuel Rodriguez Calls For Individuals To Become Beacons Of Hope This Election

SACRAMENTO, Calif., May 3, 2016 /PRNewswire/ — Rev. Samuel Rodriguez, lead pastor of New Season Church in California and President/CEO of one of the world’s largest Hispanic Evangelical organizations, gives a clarion call for peace and hope amid the …

Posted on 3 May 2016 | 12:22 pm